2024-10-10T01:20:05-05:00 2023-12-31 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2023-01-01 275098203 THE COMMUNITY FOUNDATION FOR OCALA MARION COUNTY INC COMM 3526225020 324 SE 24TH ST OCALA FL 344715362 LAUREN DEIORIO EXECUTIVE DIRECTOR 3526225020 2024-10-08 1 1 CORINNE LAROCHE P01500189 3523781331 2024-10-08 2023 2024-10-15 13:58:12Z LAUREN DEIORIO 324 SE 24TH ST OCALA FL 344715362 3847976 0 X WWW.OCALAFOUNDATION.ORG X 2011 FL CONNECTING THE CHARITABLE INTERST OF THE DONOR TO BUILD A STRONGER COMMUNITY. 17 17 11 19 0 0 2726472 3522045 167046 156739 141963 119687 43294 -20257 3078775 3778214 2092984 1592522 0 0 543867 567913 0 0 0 184005 147029 2820856 2307464 257919 1470750 4816064 6894883 2704089 3139080 2111975 3755803 X OUR MISSION AT THE COMMUNITY FOUNDATION FOR OCALA/MARION COUNTY IS TO ENHANCE THE QUALITY OF LIFE FOR ALL RESIDENTS OF OUR COMMUNITY BY FOSTERING PHILANTHROPY AND STEWARDING CHARITABLE RESOURCES. WE STRIVE TO IDENTIFY AND ADDRESS THE MOST PRESSING NEEDS IN OUR AREA, AND TO SUPPORT INNOVATIVE SOLUTIONS THAT CREATE POSITIVE, SUSTAINABLE CHANGE. THROUGH PARTNERSHIPS WITH DONORS, NONPROFITS, AND OTHER COMMUNITY LEADERS, WE SEEK TO BUILD A THRIVING, INCLUSIVE, AND RESILIENT COMMUNITY THAT PROVIDES OPPORTUNITIES FOR ALL TO SUCCEED. 0 0 1616984 1592522 156739 FUND MANAGEMENTA COMMUNITY FOUNDATION IS A TAX EXEMPT, NONPROFIT, PUBLICLY SUPPORTED ORGANIZATION THAT EMPOWERS DONORS TO STRENGTHEN THEIR COMMUNITY, ONE PASSION AT A TIME. THE COMMON MISSION OF EVERY COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE LOCAL AREA. THROUGH FUND MANAGEMENT, THE FOUNDATION HELPS TO ACHIEVE THIS. WHETHER IT IS THE CREATION OF A FUND FOR THE INDIVIDUAL LOOKING FOR A TAX DEDUCTION OR THE NONPROFIT AGENCY THAT IS BUILDING PERMANENT ENDOWMENT FUNDS OR EVEN PROVIDING SCHOLARSHIPS FOR STUDENTS, THE FOUNDATION SUPPORTS A VARIETY OF LOCAL NONPROFITS THROUGH GRANTS AND SPECIAL PROJECTS. SINCE THE FOUNDATION'S INCEPTION IN 2011, NONPROFITS HAVE RECEIVED GRANTS TOTALING $7.4 MILLION. AT THE END OF 2023, THE FOUNDATION WAS MANAGING 40 AGENCY FUNDS, 15 ENDOWMENT FUNDS, 37 DONOR ADVISED FUNDS, 7 CORPORATE ADVISED FUNDS, 3 SCHOLARSHIP FUNDS, 1 ANNUITY FUND AND 7 PASS THROUGH FUNDS, RESULTING IN 52% INCREASE OF FUNDS UNDER MANAGEMENT FROM THE PRIOR YEAR. 468659 NONPROFIT RESOURCE CENTERESTABLISHED IN APRIL OF 2019, THE NONPROFIT RESOURCE CENTER OPENED AS A COLLABORATION AMONG THE FOUNDATION, MARION COUNTY GOVERNMENT, THE CITY OF OCALA, ADVENTHEALTH OCALA AND THE MARION COUNTY HOSPITAL DISTRICT TO HELP GROW AND SUSTAIN OUR NONPROFIT COMMUNITY. THE RESOURCE CENTER PROVIDES A VARIETY OF ASSISTANCE OPTIONS TO HELP OUR NONPROFITS BUILD CAPACITY AND BECOME SUSTAINABLE WHICH INCLUDES; BOARD DEVELOPMENT, COMMUNICATIONS, PR AND MARKETING COUNSELING, VIDEO TRAINING SPONSORED BY COX COMMUNICATIONS, FINANCE AND ACCOUNTING COUNSELING, GRANT SERVICES, PROFESSIONAL DEVELOPMENT COURSES IN PARTNERSHIP WITH ROLLINS COLLEGE CRUMMER GRADUATE SCHOOL OF BUSINESS, MINI TRAINING SEMINARS AND STRATEGIC AND SUSTAINABILITY PLANNING. ALL RESOURCES FOLLOW THE FOUNDATION'S ROADMAP TO SUCCESS WHICH IS A COMPILATION OF STANDARDS DESIGNED TO ENSURE EACH NONPROFIT OPERATES LIKE THE BUSINESS IT IS. SOME OF THE KEY AREAS IN THE ROADMAP ARE; EFFECTIVE GOVERNANCE, HUMAN RESOURCES, FINANCIAL MANAGEMENT, AND MORE. 3355 ESTATE PLANNING COUNCILTHE ESTATE PLANNING COUNCIL PROVIDES A SOURCE OF EDUCATIONAL INFORMATION, A FORUM FOR NETWORKING AMONG DISCIPLINARIANS WHO PRACTICE FACETS OF ESTATE PLANNING, AND PROMOTES INTERDISCIPLINARY COMMUNICATION AND COOPERATION. THE GOAL OF OUR PROFESSIONAL MEMBERS IS TO IMPROVE OUR KNOWLEDGE TO RENDER THE BEST PROFESSIONAL SERVICE TO THE PUBLIC. MEMBERSHIP IS OPEN TO THOSE INDIVIDUALS IN PROFESSIONS THAT DEAL WITH ESTATE PLANNING AND ITS RELATED ISSUES. 1864 NONPROFIT BUSINESS COUNCILTHE NONPROFIT BUSINESS COUNCIL (NPBC) WAS FORMED 11 YEARS AGO AS A PART OF THE CHAMBER OF COMMERCE. IN 2016, UNDER PREVIOUS LEADERSHIP, THE COMMUNITY FOUNDATION BEGAN OVERSEEING THE COUNCIL'S OPERATIONS, AND IT HAS CONTINUED TO SIGNIFICANTLY EXPAND SINCE THAT TIME. THE NPBC PROMOTES THE ECONOMIC IMPACT OF NONPROFITS, STRENGTHENS THEIR CAPACITY IN AREAS OF LEADERSHIP FUNDRAISING, BOARD DEVELOPMENT, STAFF DEVELOPMENT AND COMPLIANCE, AND PROVIDES FOR MUCH-NEEDED COLLABORATION AND PHILANTHROPIC EDUCATION. CURRENTLY THE COUNCIL MEMBERSHIP IS MADE UP OF OVER 170 NONPROFITS GOVERNED BY A STEERING COMMITTEE OF NONPROFIT LEADERS REPRESENTING SEVERAL DIFFERENT NONPROFIT SECTORS. THE NPBC HAS THEIR OWN PROGRAMMING RUN BY THE COMMUNITY FOUNDATION WHICH INCLUDES: GUIDE TO CHARITABLE GIVING, MONTHLY PROFESSIONAL DEVELOPMENT MEETINGS, AND YOUTH PHILANTHROPY IN ACTION (YPIA). 1864 2090862 1 1 0 0 0 1 0 0 1 1 1 0 1 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X LAUREN DEIORIO 3526225020 324 SE 24TH ST OCALA FL 344715362 ADAM WOODS DIRECTOR - END 9/1/23 1.00 X 0 0 0 BEN MARCIANO DIRECTOR 1.00 X 0 0 0 CHESTER WEBER DIRECTOR 1.00 X 0 0 0 DAVID MIDGETT DIRECTOR 1.00 X 0 0 0 FRANK HENNESSEY CHAIRMAN 24.00 X X 0 0 0 JAMES HILLEBRANDT DIRECTOR 1.00 X 0 0 0 JANE FONTAINE SECRETARY 2.00 X X 0 0 0 JON KURTZ TREASURER 2.00 X X 0 0 0 MICHAEL SIBONI DIRECTOR 1.00 X 0 0 0 ROBERT BATSEL DIRECTOR 1.00 X 0 0 0 RUSTY BRANSON DIRECTOR 1.00 X 0 0 0 STEVEN LEE DIRECTOR 1.00 X 0 0 0 THAD BOYD DIRECTOR 1.00 X 0 0 0 WILLIAM CHAMBERS VICE CHAIRMAN 2.00 X X 0 0 0 ANGIE CLIFTON DIRECTOR 1.00 X 0 0 0 ANGIE LEWIS DIRECTOR 1.00 X 0 0 0 DEVON CHESTNUT DIRECTOR 1.00 X 0 0 0 KEN KIRKPATRICK DIRECTOR 1.00 X 0 0 0 JOE JOHNSON DIRECTOR - END 4/1/23 1.00 X 0 0 0 LAUREN DEIORIO EXECUTIVE DIRECTOR 40.00 X 127743 0 3832 127743 0 3832 1 0 0 0 0 33901 109763 805043 2573338 252375 3522045 PROGRAM SERVICE INCOME 900099 97568 97568 MANAGEMENT FEE REVENUE 900099 43656 43656 ADMINISTRATIVE FEE INC 900099 8110 8110 DAF WORKSHOP 900099 7405 7405 156739 66720 66720 52967 0 52967 52967 52967 49505 109763 69762 -20257 -20257 3778214 156739 0 99430 1538938 1538938 53584 53584 131575 105260 26315 376592 253412 123180 9821 6375 3446 9913 5282 4631 40012 28385 11627 19174 1058 18116 36133 28908 7225 19732 19732 4469 2578 1891 15054 7200 7854 16514 8773 7741 5430 4077 1353 2961 2961 1716 858 858 PROGRAM SERVICE EXPENSE 11554 11554 WORKSHOP EXPENSES 6899 6899 MEALS AND ENTERTAINMENT 4472 4472 DUES AND SUBSCRIPTIONS 2275 170 2105 646 386 260 2307464 2090862 216602 0 512156 259831 167985 270710 1750 97244 7347 413 16621 14298 5284 2323 3684132 5810330 437410 454032 4816064 6894883 16533 11107 140181 92549 244324 125708 2303051 2909716 2704089 3139080 X 2111975 3755803 2111975 3755803 4816064 6894883 1470750 173078 0 X 0 1 X 1 1 1 X 671060 4651611 2823715 2726472 3522045 14394903 68458 93353 93353 93353 93353 441870 739518 4744964 2917068 2819825 3615398 14836773 811149 14025624 45026 21738 29786 36301 66720 199571 43294 43294 22085 30017 63578 115680 15195318 323785 0.92300 0.92420 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FEE INCOME - 2019 AMOUNT: $ 17,018. 2020 AMOUNT: $ 20,616. 2021 AMOUNT: $ 63,578. OTHER INCOME - 2019 AMOUNT: $ 5,067. 2020 AMOUNT: $ 9,401. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51 57 2496830 636503 1030767 375868 3633507 2913652 1 1 0 1 X 90946 1000 12439 957 103428 107981 216 -16291 960 90946 100683 6253 1045 107981 89636 10149 898 100683 1.00000 0 0 2721 860 1861 13900 13438 462 0 2323 MARKETABLE SECURITIES AND SECURITIES HELD IN TRUST 5810330 F 5810330 GIFT ANNUITY HELD FOR OTHERS 454032 454032 X 4117820 173078 96766 269844 3847976 -69762 -69762 3778214 2473992 96766 69762 166528 2307464 0 2307464 PART IV, LINE 2B: THE FOUNDATION HOLDS INVESTMENTS FOR NONPROFITS IN THE LOCAL COMMUNITY AS PART OF ITS CORE MISSION. A COMMUNITY FOUNDATION IS A TAX EXEMPT, NONPROFIT, PUBLICLY SUPPORTED ORGANIZATION THAT EMPOWERS DONORS TO STRENGTHEN THEIR COMMUNITY, ONE PASSION AT A TIME. THE COMMON MISSION OF EVERY COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE LOCAL AREA. THROUGH FUND MANAGEMENT, THE FOUNDATION HELPS TO ACHIEVE THIS. WHETHER IT IS THE CREATION OF A FUND FOR THE INDIVIDUAL LOOKING FOR A TAX DEDUCTION OR THE NONPROFIT AGENCY THAT IS BUILDING PERMANENT ENDOWMENT FUNDS OR EVEN PROVIDING SCHOLARSHIPS FOR STUDENTS, THE FOUNDATION SUPPORTS A VARIETY OF LOCAL NONPROFITS THROUGH GRANTS AND SPECIAL PROJECTS. PART V, LINE 4: IN SEPTEMBER 2019, THE BOARD OF DIRECTORS DESIGNATED $50,000 OF NET ASSETS WITHOUT DONOR RESTRICTIONS AS A GENERAL ENDOWMENT FUND TO SUPPORT THE MISSION OF THE FOUNDATION. THE ENDOWMENT FUND IS DESIGNATED TO BE PERPETUAL WITH PRINCIPAL INTACT AND ONLY EARNINGS WILL BE DISTRIBUTED. USE OF THE FUND REQUIRES BOARD APPROVAL AND IS DESIGNATED FOR USE BY THE BOARD. AT DECEMBER 31, 2023 AND 2022, THE BOARD DESIGNATED ACCOUNT TOTALED $103,428 AND $90,946 RESPECTIVELY. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 509(A). MANAGEMENT OF THE FOUNDATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE FOUNDATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE FOUNDATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES REPORTED ON 990 PART VIII -69,762. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES REPORTED ON 990 PART VIII 69,762. GIVE4MARION 63521 33613 29908 1000 18796 INSPIRE GALA 68162 52400 15762 2914 40413 2 27585 23750 3835 6639 159268 109763 49505 3914 65848 69762 -20257 1 ADVENTHEALTH FOUNDATION 307 SW 14TH ST OCALA FL 34471 592219301 501(C)(3) 15750 0 TO SUPPORT THE FOUNDATION'S MISSION AMBLESIDE SCHOOLS INTERNATIONAL PO BOX 2976 FREDERICKSBURG TX 78624 203315666 501(C)(3) 10000 0 TO SUPPORT THE ORGANIZATION'S MISSION ARNETTE HOUSE INC PO BOX 1544 OCALA FL 34478 592119445 501(C)(3) 35000 0 IN ACCORDANCE WITH ARPA FUNDING BLESSED TRINITY CHURCHBROTHER'S KEEPER 320 NW 10TH ST OCALA FL 34475 596046993 501(C)(3) 5300 0 TO SUPPORT THE CHURCH MISSION BOYS AND GIRLS CLUB OF MARION COUNTY INC PO BOX 409 OCALA FL 34478 591172127 501(C)(3) 42500 0 TO SUPPORT THE ORGANIZATION'S MISSION CAMPUS CRUSADE FOR CHRIST INC 100 LAKE HART DRIVE ORLANDO FL 32832 956006173 501(C)(3) 8000 0 TO SUPPORT THE ORGANIZATION'S MISSION EMPOWERED OF CENTRAL FLORIDA 1111 NE 25TH AVE SUITE 103 OCALA FL 34470 862847536 501(C)(3) 133000 0 IN ACCORDANCE WITH ARPA FUNDING FELLOWSHIP OF CHRISTIAN ATHLETES 8701 LEEDS ROAD KANSAS CITY MO 64129 440610626 501(C)(3) 36000 0 TO SUPPORT THE CHURCH MISSION FLORIDA INSTITUTE FOR HUMAN AND MACHINE COGNITION INC 15 SE OSCEOLA AVE OCALA FL 34471 200760849 501(C)(3) 7500 0 TO SUPPORT THE ORGANIZATION'S MISSION FRIENDS OF MARION COUNTY VETERANS PARK INC 3366 SE 54TH AVE OCALA FL 34480 845118790 501(C)(3) 70500 0 TO SUPPORT THE ORGANIZATION'S MISSION GOOD SHEPHERD PRESBYTERIAN CHURCH 151 SW 87TH PLACE OCALA FL 34476 593203719 501(C)(3) 65000 0 TO SUPPORT THE CHURCH MISSION HANDS OF MERCY EVERYWHERE INC 6017 SE ROBINSON ROAD BELLEVIEW FL 34420 593630008 501(C)(3) 10000 0 TO SUPPORT THE ORGANIZATION'S MISSION HAVEN OF PEACE INC DBA MAPLERIDGE RANCH PO BOX 66 OWEGO NY 13827 166072780 501(C)(3) 25000 0 TO SUPPORT THE ORGANIZATION'S MISSION HELP AGENCY OF THE FOREST INC DBA SOZO KIDS 19186 NE 13TH ST SILVER SPRINGS FL 34488 593244151 501(C)(3) 150000 0 IN ACCORDANCE WITH ARPA FUNDING HIS COMPASSION INC 3947 N HWY 441 OCALA FL 34475 472334771 501(C)(3) 10000 0 TO SUPPORT THE ORGANIZATION'S MISSION HIS HOUSE FOR HER INC PO BOX 830455 OCALA FL 34483 850683463 501(C)(3) 50000 0 IN ACCORDANCE WITH ARPA FUNDING HONORING THE FATHER MINISTRIES INC 1183 SE 57TH AVE OCALA FL 34480 621663391 501(C)(3) 49403 0 TO SUPPORT THE ORGANIZATION'S MISSION INTERFAITH EMERGENCY SERVICES INC 435 NW 2ND STREET OCALA FL 34475 592349840 501(C)(3) 10800 0 TO SUPPORT THE ORGANIZATION'S MISSION LIFE MODEL WORKS 8605 SANTA MONICA BLVD WEST HOLLYWOOD CA 90069 953269033 501(C)(3) 11000 0 TO SUPPORT THE ORGANIZATION'S MISSION MARION COUNTY CHILDREN'S ALLIANCE INC 3482 NW 10TH ST OCALA FL 34475 061712493 501(C)(3) 25000 0 IN ACCORDANCE WITH ARPA FUNDING MARION COUNTY LITERACY COUNCIL INC 120 SW 5TH STREET OCALA FL 34471 600000676 501(C)(3) 7000 0 TO SUPPORT THE ORGANIZATION'S MISSION MARION COUNTY PUBLIC SAFETY ASSISTANCE TRUST PO BOX 4355 OCALA FL 34478 320242055 501(C)(3) 14500 0 TO SUPPORT THE ORGANIZATION'S MISSION MARION COUNTY VETERANS COUNCIL INC 2730 E SILVER SPRINGS BLVD 100 OCALA FL 34470 591878048 501(C)(3) 17000 0 IN ACCORDANCE WITH ARPA FUNDING OPEN ARMS VILLAGE INC 1839 NE 8TH ROAD OCALA FL 34470 462321723 501(C)(3) 10500 0 TO SUPPORT THE ORGANIZATION'S MISSION PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC 1239 NW 4TH ST OCALA FL 34475 592949915 501(C)(3) 14500 0 TO SUPPORT THE FOUNDATION'S MISSION REILLY ARTS CENTER 500 NE 9TH STREET OCALA FL 34470 473433318 501(C)(3) 21800 0 TO SUPPORT THE ORGANIZATION'S MISSION ST PAUL CENTER FOR BIBLICAL THEOLOGY 1468 PARKVIEW CIRCLE STEUBENVILLE OH 43952 752980638 501(C)(3) 67000 0 TO SUPPORT THE CHURCH MISSION THE PEARL PROJECT INC 625 NE 12TH AVE OCALA FL 34470 824494844 501(C)(3) 6500 0 TO SUPPORT THE ORGANIZATION'S MISSION THE PROJECT STABLE FOUNDATION INC 23388 NW 27TH STREET MORRISTON FL 32668 650551042 501(C)(3) 30000 0 TO SUPPORT THE FOUNDATION'S MISSION TRANSITIONS LIFE CENTER & COMMUNITY INC PO BOX 236 OCALA FL 34478 455387311 501(C)(3) 10000 0 TO SUPPORT THE ORGANIZATION'S MISSION TRANSITIONS LIFE CENTER & COMMUNITY INC PO BOX 236 OCALA FL 34478 455387311 501(C)(3) 30000 0 IN ACCORDANCE WITH ARPA FUNDING UNITED WAY OF MARION COUNTY CO INC 1401 NE 2ND STREET OCALA FL 34470 590946642 501(C)(3) 38000 0 TO SUPPORT THE ORGANIZATION'S MISSION WEAR GLOVES INC 98 NE 9TH ST OCALA FL 34470 273644705 501(C)(3) 6300 0 TO SUPPORT THE ORGANIZATION'S MISSION WEST CHESTER UNIVERSITY FOUNDATION 202 CARTER DRIVE WEST CHESTER PA 19382 233054174 501(C)(3) 45000 0 TO SUPPORT THE FOUNDATION'S MISSION WINGS OF FAITH FELLOWSHIP CHURCH OF GOD 5066 SE 64TH AVE RD OCALA FL 34472 593044032 501(C)(3) 130000 0 IN ACCORDANCE WITH ARPA FUNDING WINGS OF FAITH FELLOWSHIP CHURCH OF GOD 5066 SE 64TH AVE RD OCALA FL 34472 593044032 501(C)(3) 10000 0 TO SUPPORT THE CHURCH MISSION XTREME SOULUTIONS INC PO BOX 5487 OCALA FL 34478 300293324 501(C)(3) 20078 0 TO SUPPORT THE ORGANIZATION'S MISSION 37 0 SCHOLARSHIPS 22 53584 PART I, LINE 2: THE ORGANIZATION DETERMINES ELIGIBILITY FOR GRANTS TO NONPROFITS BY VERIFYING THE STATUS OF THE NONPROFITS THROUGH THE IRS TAX EXEMPT ORGANIZATION SEARCH. GRANTS THAT ARE MADE TO NONPROFITS ARE USUALLY UNRESTRICTED IN NATURE. FOR THOSE THAT THE DONOR RESTRICTS THEIR GRANT TO A SPECIFIC PROGRAM, THE ORGANIZATION MAKES CONTACT WITH THE CEO WITHIN THE YEAR TO VERIFY THE FUNDING WAS UTILIZED AS THE DONOR EXPECTED. THE ORGANIZATION USES AN APPLICATION PROCESS FOR SCHOLARSHIP RECIPIENTS WHERE ALL APPLICANTS ARE REVIEWED BY A COMMITTEE AND SELECTED BASED ON THE ELIGIBILITY REQUIREMENTS. FOR SCHOLARSHIPS, MOST OF THE SCHOLARSHIPS GIVEN ARE UNRESTRICTED IN NATURE. THUS, ONCE THE AWARD IS GIVEN TO THE AWARDEE, THE FUNDS ARE NOT RESTRICTED TO A SPECIFIC USE. X 2 252375 FMV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A AN EXECUTIVE COMMITTEE, TO CONSIST OF FIVE (5) OR MORE DIRECTORS, WHICH SHALL HAVE AND MAY EXERCISE ALL POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, AND WHICH SHALL HAVE OTHER POWERS AND DUTIES AS THE BOARD MAY FROM TIME TO TIME DETERMINE, EXCEPT THAT IT SHALL NOT HAVE THE POWER TO: (I) AMEND THE ARTICLES OF ORGANIZATION OR BYLAWS OF THE FOUNDATION; (II) FILL VACANCIES ON THE BOARD OF DIRECTORS; OR (III) TAKE ANY ACTION INCONSISTENT WITH THE ARTICLES OF ORGANIZATION OR BYLAWS OF THE FOUNDATION. THE MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF THE BUSINESS OF THE EXECUTIVE COMMITTEE. THE VOTE OF A MAJORITY OF THE EXECUTIVE COMMITTEE MEMBERS PRESENT AND VOTING AT ANY MEETING OF THE COMMITTEE AT WHICH THERE IS A QUORUM SHALL BE THE ACTION OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE PRESIDENT/EXECUTIVE DIRECTOR THEN SENT TO THE FINANCE/AUDIT COMMITTEE WHERE IT IS REVIEWED AND SENT ON TO THE EXECUTIVE COMMITTEE. FROM THERE, A COPY OF THE 990 IS EMAILED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALLY IN JANUARY BY BOARD MEMBERS AND THEN FILED IN THEIR RESPECTIVE BOARD FILES. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED AFTER THE EXECUTIVE BOARD COMPLETES THE ANNUAL EVALUATION PROCESS FOR THE EXECUTIVE DIRECTOR. THERE IS A REVIEW OF CURRENT COMPENSATION AND THEN RESEARCH ON VARIOUS COMPENSATION STUDIES ARE REVIEWED TO DETERMINE ANY CHANGES TO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THIS INFORMATION IS ALSO AVAILABLE ON THE FOUNDATION'S WEBSITE.