2023-03-14T10:02:11-05:00 2022-06-30 311223798 WHITMER & COMPANY CPAS LLP 615 ELSINORE PLACE SUITE 625 CINCINNATI OH 452021427 990 2021-07-01 300234776 THE PUBLIC LIBRARY OF CINCINNATI AND HAMILTON COUNTY FOUNDATION INC PUBL 5133693173 800 VINE STREET CINCINNATI OH 452022009 SCOTT RICHARDS CHAIRMAN 5133693173 2023-02-27 1 SCOTT RICHARDS 999009999 JAN NEUMANN P01054930 5133818010 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z SCOTT RICHARDS 800 VINE STREET CINCINNATI OH 452022009 4400168 0 X SUPPORTCHPL.ORG X 2003 OH THE FOUNDATION PROVIDES PRIVATE SECTOR SUPPORT FOR THE CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY TO STRENGTHEN COLLECTIONS, EXPAND PROGRAMS, AND ENHANCE SERVICES. 25 25 0 26 0 0 1431007 1709959 0 0 1061739 516703 1823 582 2494569 2227244 260892 321413 0 0 0 0 0 0 76488 261855 793423 522747 1114836 1971822 1112408 10928175 9472594 84120 148822 10844055 9323772 THE FOUNDATION WAS FORMED TO PROVIDE PRIVATE SECTOR SUPPORT FOR THE CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY TO STRENGTHEN COLLECTIONS, EXPAND PROGRAMS AND ENHANCE SERVICES. 0 0 927109 321413 GRANTS AND DISTRIBUTIONS TO THE CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY TO SUPPORT ITS OPERATIONS AND BRANCH LIBRARIES. 927109 1 1 0 1 0 1 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X STACI DENNISON 5133693173 800 VINE ST CINCINNATI OH 45202 X SCOTT RICHARDS CHAIRMAN/DIRECTOR 4.00 X X 0 0 0 JIM BRUN ESQ SECRETARY/DIRECTOR 4.00 X X 0 0 0 SUSAN CRANLEY DIRECTOR 1.00 X 0 0 0 MATT DAVIS VICE CHAIRMAN/DIRECTOR 4.00 X X 0 0 0 DAN MCKENNA DIRECTOR 1.00 X 0 0 0 LAURA TEPE DIRECTOR 1.00 X 0 0 0 THOMAS SUNDERMANN TREASURER/DIRECTOR 5.00 X X 0 0 0 PETER J STERN MD DIRECTOR 1.00 X 0 0 0 MISSY HENDON DETERS DIRECTOR 1.00 X 0 0 0 JB BUSE JR DIRECTOR 1.00 X 0 0 0 JEANETTE ALTENAU DIRECTOR 1.00 X 0 0 0 JOHN LOMAX DIRECTOR 1.00 X 0 0 0 LAURA MITCHELL DIRECTOR 1.00 X 0 0 0 DIANE CUNNINGHAM REDDEN DIRECTOR 1.00 X 0 0 0 KATE RIPPE DIRECTOR 1.00 X 0 0 0 CASEY RUSCHMAN DIRECTOR 1.00 X 0 0 0 NOAH STERN DIRECTOR 1.00 X 0 0 0 PAULA BREHM-HEEGER EX-OFFICIO MEMBER 5.00 X 0 0 0 DEBORAH HEATER DIRECTOR 1.00 X 0 0 0 KARA SANDERS DIRECTOR 1.00 X 0 0 0 MATTHEW SELKER DIRECTOR 1.00 X 0 0 0 RYAN ADCOCK DIRECTOR 1.00 X 0 0 0 LEE ANN BISSMEYER DIRECTOR 1.00 X 0 0 0 CHRISTIE KUHNS DIRECTOR 1.00 X 0 0 0 KRISTEN SMITHERMAN-VOLTAIRE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1709959 1709959 118527 118527 2571100 2172924 398176 398176 398176 MISCELLANEOUS 900099 582 582 582 2227244 517285 0 0 321413 321413 57973 57973 LIBRARY PROGRAMS 605696 605696 AGREEMENT WITH LIBRARY 71250 71250 MISCELLANEOUS 39989 39989 FUNDRAISING EXPENSE 18515 18515 1114836 927109 111239 76488 1316931 1150203 9611244 8322391 10928175 9472594 84120 148822 84120 148822 X 6302908 4629307 4541147 4694465 10844055 9323772 10928175 9472594 X 1112408 -2567989 -64702 X 0 0 0 X 1284794 577716 442952 1431007 1709959 5446428 1284794 577716 442952 1431007 1709959 5446428 5446428 115230 134555 150615 100881 118527 619808 6066236 0.89780 0.88550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 20000 321413 341413 68283 17071 0 0 47626 66261 56178 68283 238348 357522 15000 20000 20000 20000 75000 11907 16565 14045 17071 59588 89382 4694465 0 0 4191115 153318 112961 112961 4344433 4189252 1863 97502 97502 4191115 4172546 16706 98026 98026 4189252 4156423 16123 83592 83592 4172546 3118298 1038125 38694 38694 4156423 0 0 0 US BANK SECURITIES 8322391 F 8322391 X PART V, LINE 4: THE ORGANIZATION HAS TEMPORARILY RESTRICTED MONIES WHICH ARE EARMARKED TO PURCHASE SPECIFIC BOOKS WITH THE DONATION RECEIVED. ALSO, CERTAIN CONTRIBUTORS HAVE DONATED TO THE FOUNDATION WITH THE INTENT THAT THEIR DONATIONS BE SENT TO SPECIFIC BRANCHES OF THE PUBLIC LIBRARY. THE DONATIONS WILL BE REMITTED TO THE BRANCHES IN THE NEAR FUTURE. A PERMANENTLY RESTRICTED FUND IS IN PLACE WITH THE INTENTION OF THE CONTRIBUTORS THAT EARNINGS ON THE PRINCIPAL BE USED ANNUALLY TO OFFSET NORMAL ADMINISTRATIVE COSTS THE FOUNDATION INCURS, TO THE EXTENT POSSIBLE. SO A DISTRIBUTION FROM THE FOUNDATION WILL BE MADE ANNUALLY TO THE CINCINNATI PUBLIC LIBRARY TO BE USED FOR OPERATING EXPENSES. PART X, LINE 2: "THE FOUNDATION IS A NOT-FOR-PROFIT FOUNDATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. IN ADDITION, THE PUBLIC LIBRARY OF CINCINNATI AND HAMILTON COUNTY FOUNDATION, INC. QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION". "THE FOUNDATION HAS ADOPTED ASC 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2021 AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE 2020, 2019,AND 2018 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE FOUNDATION RECEIVED NOTICE OF INTENT TO AUDIT ANY PRIOR YEARS". 1 CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY 800 VINE STREET CINCINNATI OH 45202 501(C)3 321413 0 PROGRAM SUPPORT OF LIBRARY PROGRAMS AND EXPENSES. PART I, LINE 2: THE ENTIRE BOARD OF DIRECTORS OF THE FOUNDATION MEETS QUARTERLY TO DISCUSS GRANTS TO BE SENT TO THE CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY. PAYMENT OF THESE GRANTS IS THEN MONITORED BY THE EXECUTIVE DIRECTOR OF THE FOUNDATION SO THAT THE INTENTION OF THE BOARD OF DIRECTORS IS SATISFIED. FORM 990 SCHEDULE I THE PUBLIC LIBRARY OF CINCINNATI AND HAMILTON COUNTY FOUNDATION WAS FORMED TO SUPPORT THE PROGRAMS OF THE CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY. GRANTS ARE MADE TO FURTHER THE PUBLIC LIBRARY'S PROGRAMS, COLLECTIONS AND SERVICES. THE EXECUTIVE DIRECTOR OF THE LIBRARY IS A VOLUNTEER ON THE FOUNDATION'S BOARD AND REPORTS ON THE USE OF THE FUNDS SUPPLIED BY THE FOUNDATION FOR THE PUBLIC LIBRARY'S USE TO THE BOARD OF DIRECTORS OF THE FOUNDATION. X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER, THE CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY. IT IS REPRESENTED BY THE EXECUTIVE DIRECTOR, PAULA BREHM-HEEGER, SERVING AS A VOLUNTEER. THE ORGANIZATION HAS VOLUNTEERS SERVING ON THE BOARD OF DIRECTORS WHO COLLECTIVELY ACT AS THE GOVERNING BODY THROUGH A BOARD OF DIRECTORS TO GIVE OVERSIGHT TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A VOLUNTEERS SERVE ON THE BOARD OF DIRECTORS OF THE LIBRARY OF CINCINNATI AND HAMILTON COUNTY FOUNDATION, INC. PROVIDING GOVERNANCE TO THE ENTITY. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS COMMITTEES ARE COMPRISED OF THE VOLUNTEERS SERVING ON THE BOARD OF DIRECTORS OF THE FOUNDATION AND MAY DECIDE MATTERS RELATED TO THE ORGANIZATION. HOWEVER, THE BOARD PRESENT AT A PARTICULAR MEETING OF THE BOARD OF DIRECTORS GIVE APPROVAL TO ALL DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD VOLUNTEERS ARE PROVIDED ACCESS TO THE TAX RETURN FORM 990 BEFORE THE FORM IS FILED WITH THE IRS. IT IS THE RESPONSIBILITY OF EACH VOLUNTEER SERVING ON THE BOARD OF DIRECTORS OF THE PUBLIC LIBRARY OF CINCINNATI AND HAMILTON COUNTY FOUNDATION, INC. TO REVIEW THE TAX RETURN BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. THIS REVIEW OF THE TAX RETURN SHOULD HAPPEN BEFORE THE DUE DATE OF MAY 15, 2023. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS ANY SPECIFIC CONFLICT WHEN NECESSARY. THE POLICY IS REVIEWED ON AN ANNUAL BASIS AND A DETERMINATION IS MADE IF FURTHER ACTION IS NECESSARY TO COMPLY WITH THE POLICY IN FORCE AT THAT TIME. FORM 990, PART VI, SECTION C, LINE 18 DURING NORMAL BUSINESS HOURS, THE ORGANIZATION MAKES AVAILABLE ITS FORM 990 TO THE PUBLIC, UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DURING NORMAL BUSINESS HOURS, THE ORGANIZATION MAKES AVAILABLE ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: ACCOUNTS PAYABLE AT BEGINNING OF YEAR 84,120. ACCOUNTS PAYABLE AT YEAR END -148,822. 990 PART X1 - LINE 1 FORM 990, PAGE 1, PART 1, LINES 20 AND 22 - COLUMN A FORM 990, PAGE 11, PART X - "BALANCE SHEET" COLUMN A THE ORGANIZATION OPTED TO REPORT THEIR FINANCIAL STATEMENTS UNDER THE ACCRUAL BASIS OF ACCOUNTING BEGINNING WITH THE 2010 FINANCIAL STATEMENTS. THIS SHOULD CONTINUE FOR FUTURE YEARS. THE FORM 990 IS CURRENTLY PREPARED USING THE CASH BASIS OF ACCOUNTING AS INDICATED IN PART XII, LINE1. PART XI - RECONCILIATION OF NET ASSETS IS PROVIDED WITH THIS EXPLANATION OR CONVERTING THE ACCRUAL FINANCIAL STATEMENTS TO THE CASH BASIS FOR TAX REPORTING. SEE THE FOLLOWING EXPLANATION OF DIFFERENCES: PART XI - LINE 1 "TOTAL REVENUE" PER FINANCIAL STATEMENTS = $2,227,243, PER FORM 990 = $2,227,244 PART XI - LINE 2 "TOTAL EXPENSES" PER FINANCIAL STATEMENTS = $3,747,526, PER FORM 990 = $1,179,537 DIFFERENCE IS NET UNREALIZED LOSS ON INVESTMENTS OF $(2,567,989)