2023-11-09T11:00:40-06:00 2023-06-30 920460586 PWC US TAX LLP 1850 N CENTRAL AVE STE 700 PHOENIX AZ 85004 990 2022-07-01 631104512 HORIZONS FOUNDATION HORI 2058203141 C/O REGIONS BANK PO BOX 11647 BIRMINGHAM AL 35202 SECRETARY SECRETARY 2058203141 2023-11-06 true K WOOD HERREN true JEFFREY E KUHLIN P00353001 4123556000 2023-11-06 X 2022 2023-04-26 12:10:37Z REGIONS BANK 250 RIVERCHASE PKWY EAST BIRMINGHAM AL 35244 335356 false X N/A X 2000 AL TO PROVIDE FINANCIAL SUPPORT TO HORIZONS SCHOOL, INC., A POST -SECONDARY SCHOOL FOR YOUNG ADULTS WITH DEVELOPMENTAL AND LEARNING DISABILITIES, TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS WHO DEMONSTRATE A NEED FOR FINANCIAL ASSISTANCE TO PAY THE COSTS TO ATTEND HORIZONS SCHOOL. 4 4 0 0 0 0 1500 148850 18464 0 148850 19964 76589 65000 0 5384 0 0 18365 12845 94954 83229 53896 -63265 1108404 1044481 0 0 1108404 1044481 X TO PROVIDE FINANCIAL SUPPORT TO HORIZONS SCHOOL, INC., A POST -SECONDARY SCHOOL FOR YOUNG ADULTS WITH DEVELOPMENTAL AND LEARNING DISABILITIES, TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS WHO DEMONSTRATE A NEED FOR FINANCIAL ASSISTANCE TO PAY THE COSTS TO ATTEND HORIZONS SCHOOL. false false 65000 65000 TO PROVIDE FINANCIAL SUPPORT TO HORIZONS SCHOOL, INC., A POST -SECONDARY SCHOOL FOR YOUNG ADULTS WITH DEVELOPMENTAL AND LEARNING DISABILITIES, TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS WHO DEMONSTRATE A NEED FOR FINANCIAL ASSISTANCE TO PAY THE COSTS TO ATTEND HORIZONS SCHOOL. 65000 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false false false false false false false X 4 4 false false false false false false false true false false false true false false false false false false AL X X REGIONS BANK 2058203141 250 RIVERCHASE PARKWAY EAST BIRMINGHAM AL 35244 X JANE S WEBB PRESIDENT/DIRECTOR X X 0 0 0 NICK GAEDE TREASURER/DIRECTOR X X 0 0 0 WILLIAM A KRAMER DIRECTOR X 0 0 0 DON LUTOMSKI DIRECTOR X 0 0 0 K WOOD HERREN SECRETARY X 0 0 0 0 0 0 false false false 1500 1500 1500 27772 27772 306084 315392 -9308 -9308 -9308 19964 1500 18464 65000 65000 5384 5384 2520 2520 1150 1150 1386 1386 FOREIGN TAXES 771 771 ADR FEES 49 49 INVESTMENT FEES 6969 6969 83229 65000 18229 0 45565 39157 1062839 1005324 1108404 1044481 0 0 X 1108404 1044481 1108404 1044481 1108404 1044481 X -63265 -658 X false false false X X 1 THE HORIZONS SCHOOL 631251343 2 true 65000 0 1 65000 0 true false false false false false false false false false false false false false false true true true X true true 0 0 0 0 0 0 SCHEDULE A, PART IV, SECTION D, LINE 3 THE BOARD OF DIRECTORS OF THE ORGANIZATION CONSISTS OF INDIVIDUALS WHO ARE CURRENT AND/OR EMERITUS DIRECTORS OF THE SOLE SUPPORTED ORGANIZATION. CONSEQUENTLY, THE SUPPORTED ORGANIZATION, ACTING BY AND THROUGH THESE INDIVIDUALS, IS ABLE TO EXERT A SIGNIFICANT VOICE AND INFLUENCE IN ALL POLICIES, ACTIVITIES AND ACTIONS TAKEN BY OR ON BEHALF OF THE ORGANIZATION, SCHEDULE A, PART IV, SECTION D, LINE 3 INCLUDING THE POLICIES AND PRACTICES PERTAINING TO MANAGEMENT OF THE ORGANIZATION'S INVESTMENTS AND DISTRIBUTIONS MADE BY THE ORGANIZATION TO THE SUPPORTED ORGANIZATION. SCHEDULE A, PART IV, SECTION E, LINE 2A THE ORGANIZATION IS A SUPPORTING ORGANIZATION TO A SINGLE SUPPORTED ORGANIZATION KNOWN AS HORIZONS SCHOOL. HORIZONS SCHOOL IS A PRIVATE POST-SECONDARY SCHOOL SERVING YOUNG ADULTS WITH DEVELOPMENTAL AND LEARNING DISABILITIES. THE ACTIVITIES CONDUCTED BY THE ORGANIZATION CONSIST OF (i) MANAGING ITS INVESTMENT ASSETS AND SCHEDULE A, PART IV, SECTION E, LINE 2A (ii) MAKING ANNUAL (AND SOMETIMES MORE FREQUENT) DISTRIBUTIONS OF INCOME TO HORIZONS SCHOOL TO BE USED TO PROVIDE SCHOLARSHIP ASSISTANCE TO ECONOMICALLY DISADVANTAGED STUDENTS WHO ARE NOT ABLE TO PAY ALL OR A PORTION OF THE TUITION TO ATTEND HORIZONS SCHOOL. SCHEDULE A, PART IV, SECTION E, LINE 2A THE ANNUAL DISTRIBUTIONS BY THE ORGANIZATION TO HORIZONS SCHOOL WILL TYPICALLY BE AWARDED TO BETWEEN FOUR AND SIX STUDENTS ENROLLED AT HORIZONS SCHOOL AND ARE INTEGRAL TO FURTHERING THE SCHOOL'S EXEMPT MISSION OF EQUIPPING YOUNG ADULTS WITH DEVELOPMENTAL AND LEARNING DISABILITIES TO GAIN INDEPENDENCE AND BECOME FUNCTIONING, CONTRIBUTING MEMBERS OF THEIR COMMUNITIES. SCHEDULE A, PART IV, SECTION E, LINE 2A THE ORGANIZATION IS, AND HAS FOR MANY YEARS BEEN, RESPONSIVE TO HORIZONS SCHOOL BY MAKING REGULAR, SUBSTANTIAL DISTRIBUTIONS TO THE SCHOOL TO BE USED FOR SCHOLARSHIP ASSISTANCE. SCHEDULE A, PART IV, SECTION E, LINE 2B IF THE ORGANIZATION DID NOT MAINTAIN A SCHOLARSHIP FUND, AND MAKE DISTRIBUTIONS TO HORIZONS SCHOOL TO BE USED FOR SCHOLARSHIP ASSISTANCE TO ITS STUDENTS, IT WOULD BE INCUMBENT ON HORIZONS SCHOOL TO ESTABLISH A SCHOLARSHIP FUND AND USE INCOME GENERATED BY THE FUND TO PROVIDE SCHOLARSHIP ASSISTANCE TO STUDENTS WHO ARE NOT ABLE TO PAY ALL OR A PORTION OF THE TUITION TO ATTEND HORIZONS SCHOOL. true THE HORIZONS SCHOOL 2018 5TH AVENUE SOUTH BIRMINGHAM AL 352053812 631251343 501(c)(3) 65000 TO PROVIDE SCHOLARSHIP FUNDS TO THE HORIZONS SCHOOL EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 THE FOUNDATION PROVIDES GRANTS TO THE HORIZON SCHOOL TO PROVIDE FUNDS FOR SCHOLARHIPS AND FINANCIAL ASSISTANCE FOR STUDENTS AND FAMILIES. ALL DECISIONS REGARDING THE ULTIMATE RECIPIENTS OF THE SCHOLARSHIPS ARE MADE BY HORIZON SCHOOL. THE FOUNDATION DISBURSES FUNDS IN THE NAME OF THE HORIZONS SCHOOL IN THE AMOUNT REQUESTED BY THE SCHOOL AND APPROVED BY THE FOUNDATION'S BOARD. THE FOUNDATION DOES NOT MONITOR THE USE OF FUNDS ONCE IT HAS MADE DISTRIBUTIONS TO THE HORIZONS SCHOOL. LINES 12,13 AND 14 WHILE THIS FOUNDATION DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY, A WRITTEN WHISTLEBLOWER POLICY, OR A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY, REGIONS BANK AS AGENT DOES HAVE ALL OF THE ABOVE POLICIES. ALL BANK POLICIES ARE MONITORED BY THE BANK'S MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15a THE AGENCY FEES ARE BASED UPON PUBLISHED FEE SCHEDULES. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a THE FOUNDATION'S SECRETARY MAINTAINS CONTEMPORANEOUS DOCUMENTATION OF ALL MEETINGS HELD AND ANY WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR . EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b THE FOUNDATION DOES NOT HAVE ANY COMMITTEES FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THE RETURN IS PROVIDED TO AN OFFICER/DIRECTOR OF THE FOUNDATION'S BOARD FOR REVIEW PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 19 THE BANK AS AGENT MAKES THE ANNUAL TAX RETURN AND DOCUMENTATION AVAILABLE UPON WRITTEN REQUEST. PAPER COPIES WILL BE PROVIDED. EXPLANATION FOR FORM 990, PART XI, LINE 9 POAI ($129), AMORTIZATION ($601), COST BASIS ADJ $72 THE HORIZONS SCHOOL 2018 15TH AVENUE SOUTH BIRMINGHAM AL 35205 631251343 SCHOOL AL 501(c)(3) 170(b)(1)(A)(ii) N/A false false true false false false false false false false false false false false false false false false false false THE HORIZONS SCHOOL b 65000 COST