2024-11-11T11:44:39-08:00 2024-05-31 932374913 DA Shepherd & Associates LLC 566 E Ambler Abilene TX 79601 990 2023-06-01 752281734 ABILENE PHILHARMONIC FOUNDATION ABIL 3256776710 1102 N 3RD STREET ABILENE TX 79601 MARK HOOVER President 2024-11-11 true true Dee Ann Shepherd CPA P01628174 3256771231 X 2023 2024-10-15 13:58:12Z MARK HOOVER 2409 CHRISTOPHER DRIVE ABILENE TX 79602 1435388 false X www.abilenephilharmonic.org X 1988 TX THE MISSION IS TO MANAGE ENDOWMENT FUNDS FOR THE ABILENE PHILHARMONIC ASSOCIATION. 6 6 0 9 0 291533 296908 0 68673 200507 0 360206 497415 107106 106388 0 0 0 0 43773 18763 150879 125151 209327 372264 3945036 4691639 0 3945036 4691639 THE MISSION IS TO MANAGE ENDOWMENT FUNDS FOR THE ABILENE PHILHARMONIC ASSOCIATION. false false 123251 THE ORGANIZATION MANAGES ALL ENDOWMENTS FOR THE ABILENE PHILHARMONIC ASSOCIATION, DISBURSING $106,388 TO HELP SUPPORT THE ABILENE PHILHARMONIC ORCHESTRA. 123251 true true false false false false false false false false true false false true 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 true false true 0 0 true 0 false false false false false false false 0 false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true false false false X MARK HOOVER 3256776710 1102 N 3RD STREET ABILENE TX 79601 X MARK HOOVER President 1.00 0.00 X X 0 0 0 MIKE YOUNG Vice President 0.50 0.00 X X 0 0 0 JOSH FLEMING Treasurer 0.50 0.00 X X 0 0 0 VANCE COOKSEY Secretary 0.50 0.00 X X 0 0 0 MARK KAPPEL Director 0.50 0.00 X 0 0 0 ROBERTA KALAFUT Director 0.50 0.00 X 0 0 0 JOE BILES Designated Dir. 0.50 0.00 X 0 0 0 EVAN SIMMONS Designated Dir. 0.50 0.00 X 0 0 0 ELIZABETH MILLER Designated Dir. 0.50 0.00 X 0 0 0 0 false false false 0 296908 296908 0 99226 99226 0 0 0 1039254 937973 101281 101281 101281 0 0 0 0 497415 200507 106388 106388 0 0 0 0 0 0 0 0 0 0 0 1900 1900 0 0 16203 16203 0 0 0 0 0 0 0 0 0 0 0 241 241 0 MARKET DISCOUNTS 419 419 0 125151 123251 1900 0 17789 23987 0 0 0 0 0 0 0 0 7056 7056 0 3374893 4069540 0 0 0 552354 598112 3945036 4691639 0 0 X 3945036 4691639 3945036 4691639 3945036 4691639 372264 374339 X true X false false false X X 1 ABILENE PHILHARMONIC ASSOCIATION 756004978 10 true 106388 0 1 106388 0 true false false false false false false false false false false false false false false true true false X true true Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu Through its investment activities and distribution of endowment investment gains, the Foundation provided funds to the Abilene Philharmonic Association to support all aspects of presenting orchesteral music, education and community engagement, including concerts for school children, for the city of Abilene, and the surrounding region.By providing a quarterly grant, the Foundation allows the Abilene Philharmonic Association to use those funds where they are most needed, in any area of it's operations. The sole purpose of the Foundation is to manage endowment funds and provide suport to the Abilene Philharmonic Association. Part IV, Section E, Line 2b: Reasons For The Organization's Position Currently, the Foundation's distribution of investment gains provides just over 11% of the Association's annual receipts. If the Foundation did not perform their activities the Association would be forced to assume those responsibilities which could potentially result in a decrease in orchesteral music activities for the Association and/or having to increase its annual fundraising. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7056 7056 BENEFICIAL INT. IN ASSETS HELD BY OTHERS 598112 598112 false ABILENE PHILHARMONIC ASSOC 1102 N 3RD STREET ABILENE TX 79601 756004978 501(c)(3) 106388 0 FMV OPERATIONS 0 1 Form 990, Part VI, Section B, Line 11b FORM 990 AND SUPPORTING SCHEDULES ARE SUPPLIED TO THE PRESIDENT TO BE DISTRIBUTED AND REVIEWED BY BOARD MEMBERS. ANY QUESTIONS ARE ANSWERED AND ADJUSTMENTS MADE AS DEEMED NECESSARY, AFTER WHICH APPROVAL IS GIVEN TO FINALIZE THE INFORMATIONAL TAX RETURN. Form 990, Part VI, Section B, Line 12c CONFLICTS OF INTEREST ARE DISCUSSED AT THE ANNUAL BOARD MEETING WITH MEMBERS FULL UNDERSTANING OF A POTENTIAL ISSUE AND REPORTING IF THEY HAVE A SITUATION THAT THEY FEEL MAY NEED CLARIFICATION AND/OR REVIEW. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ABILENE PHILHARMONIC ASSOCIATION 1102 N 3RD STREET ABILENE TX 79601 756004978 SYMPHONY ORCHESTRA TX 401(c)(3) 12c N/A false false true false false false false false false false false false false false true false true false false false ABILENE PHILHARMONIC ASSOCIATION b 106388 As Needed ABILENE PHILHARMONIC ASSOCIATION n No Cost