2023-11-02T09:14:05-05:00 2022-12-31 470677245 HBE LLP 7140 STEPHANIE LANE PO BOX 23110 LINCOLN NE 685423110 990 2022-01-01 363853746 LINCOLN PARKS AND RECREATION FOUNDATION LINC 4024418258 3131 O ST SUITE 301 LINCOLN NE 685101534 PAMELA SHEETS TREASURER 4024418258 2023-10-31 1 PAMELA SHEETS 999009999 1 KRYSTAL L SIEBRANDT CPA CFE CGMA P00543870 4024234343 2023-10-31 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LINCOLN PARKS FOUNDATION PAMELA SHEETS 3131 O ST SUITE 301 LINCOLN NE 685101534 6588715 0 X WWW.LINCOLNPARKS.ORG X 1992 NE TO INSPIRE AND NURTURE A PHILANTHROPIC LEGACY FOR PARKS AND RECREATION IN OUR COMMUNITY. 12 12 4 12 6984 0 2308372 1674815 2829 6811 545981 -30308 24045 6984 2881227 1658302 2039787 2435120 0 0 183865 198600 0 0 138371 759516 590377 2983168 3224097 -101941 -1565795 24122129 20047556 11853 0 24110276 20047556 THE LINCOLN PARKS FOUNDATION'S MISSION IS TO INSPIRE AND NURTURE A PHILANTHROPIC LEGACY FOR PARKS AND RECREATION IN OUR COMMUNITY. 0 0 2875263 2435120 6811 THE FOUNDATION'S MAJOR PROGRAM IS TO PROVIDE FUNDING FOR IMPROVING LINCOLN'S PARKS AND RECREATION SYSTEM AND PROGRAMS.2022 PROGRAM HIGHLIGHTS:ACTIVE FUNDRAISING FOR THE HOLMES LAKE DOCK, MIDWEST RACERS TRACK, VETERANS MEMORIAL GARDEN AND PREPARATION FOR THE SOUTH HAYMARKET PARK CAMPAIGN. 2875263 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 31 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X PAMELA SHEETS 4024418258 3131 O STREET SUITE 301 LINCOLN NE 685101534 BRAD BRANDT CHAIR 1.00 X X 0 0 0 KATE JARECKE VICE CHAIR 1.00 X X 0 0 0 JESSICA MCMULLEN SECRETARY 1.00 X X 0 0 0 PAM SHEETS TREASURER 3.00 X X 0 0 0 JEFF JEWELL PAST CHAIR 1.00 X X 0 0 0 ANN AVERY DIRECTOR 1.00 X 0 0 0 HEATHER KEELE DIRECTOR 1.00 X 0 0 0 JASON MUHLEISEN DIRECTOR 1.00 X 0 0 0 RAY STEVENS DIRECTOR 1.00 X 0 0 0 PHIL KNUDSON DIRECTOR 1.00 X 0 0 0 JJ YOST DIRECTOR 1.00 X 0 0 0 JUSTIN CARLSON DIRECTOR 1.00 X 0 0 0 MARGARET STUCKEY EXEC DIR (JAN - MAY) 40.00 X 41158 0 0 RANDALL GORDON EXEC DIR (OCT - DEC) 40.00 X 19804 0 0 60962 0 0 0 0 0 0 0 1674815 1674815 SENIOR DANCE 900099 6811 6811 6811 409841 409841 4478642 4918791 -440149 -440149 -440149 18606 11622 6984 6984 1658302 6811 6984 -30308 2435120 2435120 60962 6096 24385 30481 126691 36736 62446 27509 10947 2518 3502 4927 130085 122035 8050 15315 3315 12000 54110 650 53460 2500 2500 36124 22083 14041 4654 4654 PROGRAMS 134900 134900 CONSTRUCTION 73267 63067 10200 MISC 47439 6864 40575 MARKETING 45640 36265 9375 46343 32061 3644 10638 3224097 2875263 210463 138371 815835 802922 6538297 5821814 760 408300 16767997 13013760 24122129 20047556 11853 0 11853 0 X 475822 573285 23634454 19474271 24110276 20047556 24122129 20047556 -1565795 -2496925 0 X X 0 1 X 1 0 X 3310829 4270615 3745875 2308372 1674815 15310506 3310829 4270615 3745875 2308372 1674815 15310506 1220596 14089910 601499 523485 355923 385037 409841 2275785 17586291 182328 0.80120 0.82970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17304096 -2818090 613198 271280 13601528 15224156 398618 1902774 67562 153890 17304096 12998785 862650 1561128 75055 123352 15224156 10796574 491687 2002750 174284 117942 12998785 10115645 1563178 -703189 79141 105277 10796574 0.00360 0.84430 0.15210 0 0 0 X -880461 -2496925 11622 -2485303 1604842 53460 53460 1658302 3182259 11622 11622 3170637 53460 53460 3224097 PART V, LINE 4: THE FOUNDATION HOLDS 38 SEPARATE ENDOWMENT FUNDS DESIGNATED FOR PERMANENT SUPPORT OF VARIOUS PARKS AND RECREATION FACILITIES OR PROGRAMS. ALL FUNDS ARE TO BE INVESTED IN PERPETUITY ACCORDING TO THE FOUNDATION'S INVESTMENT POLICY. EARNINGS ARE APPROPRIATED BASED ON SPENDING FORMULA AND ARE DESIGNATED AS EXPLAINED BELOW. 30 FUNDS ARE DESIGNATED TO FUND ONGOING MAINTENANCE AND IMPROVEMENT OF SPECIFIC PARK FACILITIES. 2 FUNDS ARE DESIGNATED TO FUND YOUTH RECREATION PROGRAMS CONDUCTED BY THE CITY PARK DEPARTMENT. 1 FUND IS DESIGNATED TO FUND THE VETERANS MEMORIAL GARDENS OR VETERANS PROGRAMS AT THE GARDENS. 1 FUND IS DESIGNATED TO FUND A SUMMER INTERSHIP PROGRAM FOR THE CITY GARDENS. 2 FUNDS ARE DESIGNATED TO FUND IMPROVEMENT OF THE ENTRY TO THE LOCAL AIRPORT. 1 FUND IS DESIGNATED TO FUND AN IMPROVEMENT PROJECT FOR THE CENTENNIAL MALL, LOCATED OUTSIDE OF THE CAPITAL BUILDING. 1 FUND IS DESIGNATED TO FUND THE ENHANCEMENT OF A POPULAR DOWNTOWN STREET. 1 FUND IS DESIGNATED TO FUND AN IMPROVEMENT PROJECT FOR THE HAINES BRANCH CORRIDOR. THE REMAINING FUND IS AN UNRESTRICTED ENDOWMENT FOR WHICH EARNINGS MAY BE DESIGNATED BY THE BOARD OF DIRECTORS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, INCOME EARNED IN THE PERFORMANCE OF ITS EXEMPT PURPOSE IS NOT SUBJECT TO INCOME TAX. ANY INCOME EARNED THROUGH UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO INCOME TAX AT NORMAL CORPORATE RATES. FOR THE YEAR ENDED DECEMBER 31, 2022, THE FOUNDATION HAD NO TAX LIABILITY ON UNRELATED BUSINESS ACTIVITY. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PICKLE CARD EXPENSES 11,622. PART XII, LINE 2D - OTHER ADJUSTMENTS: PICKLE CARD EXPENSES 11,622. 1 SUSAN LARSON-RODENBURG 3131 O ST SUITE 301 LINCOLN NE 68510 FUNDRAISES FOR LPF 0 186011 78463 107548 186011 78463 107548 NE 18606 11622 0 18606 11622 11622 6984 NE 1 0 1 0 1.00000 PHIL KNUDSON 3131 O STREET SUITE 301 LINCOLN NE 685101534 1 BIG RED KENO 9550 WEST O STREET LINCOLN NE 68528 PHIL KNUDSON LICENSED FUNDS UTILIZATION MEMBER. X 1 1 CITY OF LINCOLN NEBRASKA 3140 N ST STE 301 LINCOLN NE 68510 476006256 1680728 0 PARK IMPROVEMENTS THE SOLIDAGO CONSERVANCY 3131 O ST STE 301 LINCOLN NE 68510 853119171 501(C)(3) 754392 0 PRESERVATION 2 PART I, LINE 2: THE FOUNDATION RAISES PRIVATE FUNDS AND RECEIVES PRIVATE CONTRIBUTIONS AND GRANTS FOR NAMED PROJECTS TO THE IMPROVEMENT AND MAINTENANCE OF PARKS AND RECREATION FACILITIES IN THE CITY OF LINCOLN. DURING A PROJECT, THE CITY REQUESTS REIMBURSEMENTS OR DIRECT PAYMENT OF ALLOWABLE COSTS FOR THE FUNDED PROGRAM. THE FOUNDATION VERIFIES THAT SUFFICIENT FUNDING DESIGNATED FOR THE APPROPRIATE PROJECT IS AVAILABLE AND EITHER TRANSFERS FUNDING TO THE CITY PARKS AND RECREATION DEPARTMENT OR PAYS PROPERLY DOCUMENTED INVOICES DIRECTLY ON BEHALF OF THE CITY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FOUNDATION'S TREASURER BEFORE FILING. COPIES OF THE RETURN ARE AVAILABLE TO ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C COMPETITIVE BIDS ARE REQUIRED BEFORE BUSINESS CAN BE CONDUCTED WITH A BOARD MEMBER. IF A BOARD MEMBER HAS A CONFLICT OF INTEREST, HE OR SHE MUST DECLARE IT AND NOT VOTE ON ANY MATTER ON WHICH A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL - THE SALARY OF THE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE ENTIRE BOARD. COMPARATIVE DATA IS USED IN THIS PROCESS. THE DIRECTOR IS NOT A VOTING MEMBER OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON VERBAL OR WRITTEN REQUEST. FORM 990; PART XXII; LINE 2C THE FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT. THE SOLIDAGO CONSERVANCY 3131 O ST STE 301 LINCOLN NE 685101514 853119171 PRESERVATION NE 501(C)(3) LINE 12C, III-FI LINCOLN PARKS AND RECREATION FOUNDATION 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THE SOLIDAGO CONSERVANCY B 754392 CASH THE SOLIDAGO CONSERVANCY D 408300 CASH