2024-08-15T13:16:42-05:00 2023-09-30 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2023-01-01 814808731 LOCUS FOUNDATION LOCU 5402603126 7814 CAROUSEL LANE 100 RICHMOND VA 23294 CLYDE A CORNETT JR CFO & TREASURER 5402603126 2024-08-12 1 1 PATRICK PITTMAN P00587461 5403450936 2024-08-09 2023 2024-08-08 14:25:15Z X AMIR KIRKWOOD 7814 CAROUSEL LANE 100 RICHMOND VA 23294 0 0 X LOCUSIMPACTINVESTING.ORG X 2016 VA THE FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES. THE FOUNDATION WILL RAISE AND ADMINISTER FUNDS FOR THE PURPOSES OF PROMOTING COMMUNITY AND ECONOMIC DEVELOPMENT THROUGH COMMUNITY GRANTS AND MISSION ALIGNED INVESTMENTS AND TO SERVE AS A SPONSORING ORGANIZATION OF DONOR ADVISED FUNDS FOR SUCH PURPOSES. X 6 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3160 0 3160 0 -3160 0 0 0 0 0 0 0 X THE FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES. THE FOUNDATION WILL RAISE AND ADMINISTER FUNDS FOR THE PURPOSES OF PROMOTING COMMUNITY AND ECONOMIC DEVELOPMENT THROUGH COMMUNITY DEVELOPMENT GRANTS AND MISSION ALIGNED INVESTMENTS AND TO SERVE AS A SPONSORING ORGANIZATION OF DONOR ADVISED FUNDS FOR SUCH PURPOSES. 0 0 NONE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X CLYDE A CORNETT JR - CFO & TREASURER 5402603126 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 DIXON HANNA CHAIR 1.00 2.00 X X 0 13700 0 JAMES W HARKNESS JR DIRECTOR 1.00 2.00 X 0 14850 0 SHERRY MAGILL DIRECTOR 1.00 2.00 X 0 10550 0 CHARLIE H MILLS III DIRECTOR 1.00 2.00 X 0 13700 0 CATHY DOLAN DIRECTOR 1.00 2.00 X 0 17450 0 MARY DWYER PEMBROKE DIRECTOR 1.00 2.00 X 0 12300 0 CLYDE CORNETT TREASURER 1.00 40.00 X 0 252327 15120 AMIR KIRKWOOD PRESIDENT & CEO 1.00 40.00 X 0 379132 21288 STACEY ANTONELLI SECRETARY 1.00 40.00 X 0 85320 9085 ASHLEY COLEMAN ASSISTANT SECRETARY 1.00 40.00 X 0 133677 24694 0 933006 70187 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 X X 0 0 0 X 0 0 0 0.00000 X PART II, SHORT YEAR EXPLANATION: THE FINAL YEAR ENDING 9/30/23 WAS A SHORT YEAR. X X 0 0 0 0 0 0 0 0 0 AMIR KIRKWOOD PRESIDENT & CEO 0 311632 0 67500 0 0 0 0 0 21288 0 400420 0 0 CLYDE CORNETT TREASURER 0 207327 0 45000 0 0 0 8033 0 7087 0 267447 0 0 ASHLEY COLEMAN ASSISTANT SECRETARY 0 123877 0 9800 0 0 0 5636 0 19058 0 158371 0 0 ASSETS MERGED INTO LOCUS IMPACT FUND 2023-01-01 0 NET ASSET VALUE 541754009 LOCUS IMPACT FUND 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 501(C)(3) 1 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: ALL DIRECTORS AND OFFICERS LISTED ON PAGE 7 OF THE 990. PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: ALL DIRECTORS AND OFFICERS LISTED ON PAGE 7 OF THE 990 ARE NOW INVOLVED WITH LOCUS IMPACT FUND. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED 990 WILL BE PROVIDED TO THE ORGANIZATION PRIOR TO THE FILING DEADLINE. THE RETURN WILL NOT BE PROVIDED TO THE BOARD PRIOR TO SIGNING BUT IT WILL BE REVIEWED BY THE PRESIDENT AND CFO, WHO ARE ENTRUSTED BY THE BOARD FOR THEIR REVIEW, PRIOR TO THE RETURN BEING SIGNED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 12C AT LEAST ANNUALLY, OFFICERS, AND DIRECTORS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY, WHICH CONTAINS A DUTY TO DISCLOSE CLAUSE. THESE ARE REVIEWED BY THE PRESIDENT. ANY ISSUES IDENTIFIED ARE INVESTIGATED AND DISCUSSED WITH THE CFO FOR FINANCIAL REPORTING OR REGULATORY/COMPLIANCE IMPACT. IN THE EVENT OF A POTENTIAL CONFLICT, THAT PERSON WILL RECUSE THEMSELVES FROM ALL DISCUSSION AND/OR VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 MANAGEMENT UTILIZES THE VBA ANNUAL SALARY SURVEY AS A GUIDELINE FOR DETERMINING MARKET FOR BANK EXCECUTIVES AND STAFF. MANAGEMENT THEN PASSES THIS INFO UP TO THE HUMAN RESOURCES/COMPENSATION COMMITTEE FOR FURTHER REVIEW AND APPROVAL. ALL DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED ON THE WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED RIVER CITY REAL ESTATE 1001 LLC 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 352448562 FORECLOSED REAL ESTATE HOLDINGS VA LOCUS IMPACT FUND INC MOUNTAIN REAL ESTATE 2001 LLC 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 320380629 FORECLOSED REAL ESTATE HOLDINGS VA LOCUS BANK INC COMMUNITY INVESTMENT GUARANTEE POOL LLC 7814 CAROUSEL LANE RICHMOND VA 23294 844213292 SUPPORT FOR COMMUNITY INVESTMENTS VA LOCUS IMPACT INVESTING LOCUS IMPACT FUND INC 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 541754009 TO SUPPORT AND AID COMMUNITY DEVELOPMENT VA 501(C)(3) LINE 7 LOCUS 0 LOCUS IMPACT INVESTING 7814 CAROUSEL LANE RICHMOND VA 23294 263114011 TO EMPOWER PLACE-FOCUSED INVESTMENT VA 501(C)(3) LINE 10 LOCUS 0 LOCUS 7814 CAROUSEL LANE RICHMOND VA 23294 863988949 TO SUPPORT AND AID COMMUNITY DEVELOPMENT VA 501(C)(3) LINE 7 N/A 0 LOCUS BANK INC 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 260719551 COMMUNITY DEVELOPMENT BANK VA VCC SOCIAL ENTERPRISES C 0 LOCUS CAPITAL INC 110 PEPPERS FERRY ROAD NW CHRISTIANSBURG VA 24073 814812627 INVESTMENT ADVICE VA VCC SOCIAL ENTERPRISES C 0 CCB REAL ESTATE HOLDINGS INC 7814 CAROUSEL LANE RICHMOND VA 23294 383943768 REAL ESTATE HOLDINGS VA VCC BANK C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0