2024-05-13T14:52:54-04:00 2023-06-30 371709475 FOSTER AND COMPANY LLC 2801 E PALMER WASILLA HWY WASILLA AK 996547339 990 2022-07-01 920139183 HOMER FOUNDATION HOME 9072350541 PO BOX 2600 HOMER AK 996032600 MICHAEL MILLER EXECUTIVE DIRECTOR 9072350541 2024-05-13 MICHAEL MILLER 999009999 false MICHAEL FOSTER P02392370 9072905555 2024-05-13 2022 2023-04-26 12:10:37Z MICHAEL MILLER 3733 BEN WALTERS LANE SUITE 7 HOMER AK 99603 1191025 false X WWW.HOMERFOUNDATION.ORG X 1991 AK TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES. 11 10 4 12 0 1019802 1056538 0 118353 118333 1365 -388 1139520 1174483 289212 291304 0 91604 151816 0 334 254227 237221 635043 680341 504477 494142 5061813 5932058 397454 352170 4664359 5579888 X TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES. false false 207054 207054 QUICK RESPONSE GRANTS: YEAR ROUND GRANTS PROGRAM TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITY. 86 GRANTS WERE AWARDED TO 43 DIFFERENT NONPROFITS IN OUR AREA. 34250 34250 CITY OF HOMER GRANTS PROGRAM: THE CITY OF HOMER AND THE HOMER FOUNDATION HAVE AN AGREEMENT TO ALLOCATE GENERAL OPERATING DOLLARS TO AREA NONPROFITS THROUGH A COMPETITIVE GRANTS RPOCESS. THIS YEAR, 13 ORGANIZATIONS RECEIVED SUPPORT THROUGH THIS PROGRAM WITH GRANTS BETWEEN 3,500 AND 1,000. 50000 50000 SCHOLARSHIPS: 23 SCHOLARSHIPS TO SUPPORT AREA STUDENTS IN THEIR POST- SECONDARY EDUCATION. THESE SCHOLARSHIPS VARIED BETWEEN 1,000-8,000 168517 ALL OTHER PROGRAMS. 168517 459821 true true false false false true false false false true true false false false true true false false false false false false false false true false false true true false false false false false false false true false false false false false false false false false false true 4 0 4 true false false false false false false false false false false false false false false X 11 10 false false false false false false false true true false false true true true true true true true false false X X MICHAEL MILLER 9072350541 PO BOX 2600 HOMER AK 996032600 MICHAEL MILLER EXECUTIVE DI 40.00 X 64160 0 683 VAN HAWKINS PRESIDENT 3.00 X X 0 0 0 DENISE PITZMAN VICE PRESIDE 2.00 X X 0 0 0 PAULA MARTIN TREASURER 2.00 X X 0 0 0 KEN TAYLOR SECRETARY 1.00 X X 0 0 0 PAUL SEATON CGC CHAIR 2.00 X 0 0 0 TERRI SPIGELMYER TRUSTEE 1.00 X 0 0 0 DAVE DERRY TRUSTEE 1.00 X 0 0 0 LIZ DOWNING TRUSTEE 2.00 X 0 0 0 CHRISTINE THENO TRUSTEE 1.00 X 0 0 0 LAWRENCE RADCLIFFE TRUSTEE 1.00 X 0 0 0 SARA REINERT TRUSTEE 1.00 X 0 0 0 DOUG BAILY TRUSTEE 1.00 X 0 0 0 TOM ZITZMANN TRUSTEE 1.00 X 0 0 0 64160 683 false false false 5687 29168 25808 995875 1056538 120314 120314 1981 -1981 -1981 -1981 12493 29168 13568 -1075 -1075 1680 993 687 687 1174483 -1981 119926 240704 240704 50600 50600 70370 70370 67078 67078 1417 1417 389 389 12562 12562 4100 4100 30000 30000 35975 29066 6909 20053 20053 37184 14288 22896 667 667 8171 7837 334 3543 3543 ALLOWANCE FOR MNGD FUNDS 95163 95163 DUES AND SUBSCRIPTIONS 2365 2365 680341 459821 220186 334 5669 31697 316998 148519 52000 13968 12639 2250 1185 1185 4725178 5684953 5061813 5932058 1702 5128 60002 10005 38400 297350 337037 397454 352170 X 3915471 4946513 748888 633375 4664359 5579888 5061813 5932058 494142 421387 X true X false true false X 650564 568085 1808340 1019802 1056538 5103329 650564 568085 1808340 1019802 1056538 5103329 1137771 3965558 62453 76599 111130 118353 120314 488849 1365 687 2052 12493 12493 5606723 19543 0.70730 0.76080 X PART II, LINE 10 REFUNDS, REBATES, REIMBURSEMENTS 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15 25307 12880 337037 true true 494447 2800 49561 -15326 531482 534909 57775 -90216 -8021 494447 90813 423781 22977 2662 534909 88062 971 4488 2709 90813 83475 3250 4320 2983 88062 1.00000 true false 1185 1185 FUNDS MANAGED FOR OTHERS 337037 337037 X SCHEDULE D, PAGE 2, PART V, LINE 4 PERMANENTLY RESTRICTED NET ASSETS CONSIST OF AN ENDOWMENT THAT MUST BE MAINTAINED IN PERPETUITY BY THE FOUNDATION. IN ACCORDANCE WITH DONOR RESTRICTIONS, THE FOUNDATION MAY USE THE INVESTMENT INCOME FROM THIS ENDOWMENT TO SUPPORT OPERATIONS. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION AS DEFINED UNDER SECTION 509(A)(1). THE FOUNDATION IS EXEMPT FROM STATE INCOME TAXES UNDER THE ALASKA NONPROFIT CORPORATION ACT. THEREFORE, THE ACCOMPANYING STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. ALTHOUGH THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES, ANY INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO THE REQUIREMENT OF FILING FEDERAL INCOME TAX FORM 990-T AND A TAX LIABILITY MAY BE DETERMINED ON THESE ACTIVITIES. 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. 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CENTER FOR ALASKAN COASTAL STUDIES 708 SMOKEY BAY WAY HOMER AK 99603 920086250 501C3 7600 OCEAN SCIENCE GIRL SCOUTS OF ALASKA 3911 TURNAGAIN BLVD EAST ANCHORAGE AK 99517 926000179 501C3 7154 TRAVEL, RECRUITING HOMER COMMUNITY FOOD PANTRY 770 EAST END RD HOMER AK 99603 920153030 501C3 32086 EMERGENCY AID HOMER COUNCIL ON THE ARTS 355 W PIONEER AVE STE 100 HOMER AK 99603 510152554 501C3 7000 ARTS EDUCATION HOMER FARMERS MARKET PO BOX 2274 HOMER AK 99603 920176052 501C3 8000 OPERATING SUPPORT HOMER TRAILS ALLIANCE PO BOX 2215 HOMER AK 99603 871748161 501C3 7000 TRAIL MAINTENANCE HOSPICE OF HOMER PO BOX 4174 HOMER AK 99603 920115943 501C3 8500 OPERATING SUPPORT KACHEMAK BAY BROADCASTING INC 3913 KACHEMAK WAY HOMER AK 99603 920060366 501C3 10000 TRANSMITTER KENAI PENINSULA FAIR ASSOCATION PO BOX 39210 NINILCHIK AK 99669 270502341 501C3 10000 SOUND UPGRADE PRATT MUSEUM 3779 BARTLETT ST HOMER AK 99603 926002856 501C3 9500 OPERATING SUPPORT SPARC ALASKA PO BOX 698 HOMER AK 99603 462829828 501C3 36000 FLOORING 12 SCHOLARSHIPS 19 50600 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS: THOSE REQUESTING GRANTS COMPLETE AN APPLICATION WHICH IS REVIEWED BY HOMER FOUNDATION STAFF. GRANTS ARE AWARDED TO NONPROFIT ORGANIZATIONS IN HOMER THAT SERVE THE NEEDS OF HOMER RESIDENTS. GRANT REQUESTS OVER 2,500 ARE REVIEWED BY THE ENTIRE BOARD. SCHOLARSHIPS: THE HOMER FOUNDATION DISTRIBUTES SEVERAL SCHOLARSHIPS WITH VARYING REQUIREMENTS. STUDENTS SUBMIT APPLICATIONS WITH REQUESTED MATERIALS, WHICH ARE REVIEWED BY HOMER FOUNDATION STAFF FOR ELIGIBILITY. LAUREN SEATON FAMILY OF BOARD 23075 EMPLOYEE false FORM 990, PAGE 2, PART III, LINE 4D ALL OTHER PROGRAMS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE COMPLETED 990, THEN PRESENTS IT TO THE BOARD WITH THEIR RECOMMENDATION FOR ACCEPTANCE AT A REGULAR BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C AT THE BEGINNING OF THE YEAR, BOARD MEMBERS COMPLETE A DISCLOSURE STATEMENT LISTING ANY PERSONAL INTERESTS THAT COULD LEAD TO POTENTIAL CONFLICTS. AT THE TIME OF COMPLETING THIS QUESTIONNAIRE, BOARD MEMBERS ARE ASKED IF ANY HAVE OCCURRED. IN ADDITION, ALL COMMITTEE MEETINGS REGARDING GRANTS REVIEW THE CONFLICT OF INTEREST POLICY WITH ALL PRESENT MEMBERS AND ASK FOR DISCLOSURES. THE COMMITTEE CHAIR ENSURES THIS POLICY IS FOLLOWED. FORM 990, PAGE 6, PART VI, LINE 15A WE PURCHASED THE FORAKER COMPENSATION GUIDE TO DETERMINE A COMPARABLE SALARY RATE FROM AROUND THE STATE FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, FINANCIAL REPORTS ARE PRESENTED IN THE ANNUAL REPORT WHICH IS MAILED OUT TO 900 CONSTITUENTS AND POSTED ON OUR WEBSITE: WWW.HOMERFOUNDATION.ORG