2024-11-04T13:47:23-06:00 2023-12-31 351476702 BRADY WARE & SCHOENFELD INC 2206 CHESTER BLVD RICHMOND IN 47374 990 2023-01-01 351835950 RUSH COUNTY COMMUNITY FOUNDATION INC RUSH 7659381177 117 N MAIN ST RUSHVILLE IN 46173 CHRIS MAY EXECUTIVE DIRECTOR 7659381177 2024-10-31 1 1 TRACY A HAINES CPA P00517541 7659660531 2024-10-31 2023 2024-10-15 13:58:12Z CHRIS MAY 117 N MAIN ST RUSHVILLE IN 46173 10821411 0 X WWW.RUSHCOUNTYFOUNDATION.ORG X 1991 IN THE RUSH COUNTY COMMUNITY FOUNDATION, THE FOUNDATION OF RUSH COUNTY'S FUTURE, IS A NONPROFIT PUBLIC CHARITY ESTABLISHED IN 1991 TO SERVE DONORS, AWARD GRANTS AND SCHOLARSHIPS, AND PROVIDE LEADERSHIP TO ENRICH AND ENHANCE THE QUALITY OF LIFE IN RUSH COUNTY, INDIANA, NOT ONLY TODAY, BUT FOR GENERATIONS TO COME.THE RUSH COUNTY COMMUNITY FOUNDATION HELPS PEOPLE OF ALL MEANS TO IMPROVE THEIR COMMUNITY NOW AND IN THE FUTURE. WE HELP DONORS PROVIDE GRANT-MAKING DOLLARS FOR NOT-FOR-PROFIT ORGANIZATIONS THAT SERVE RUSH COUNTY CITIZENS. 11 11 6 64 0 0 929300 8805014 0 0 822854 883912 0 0 1752154 9688926 684284 3750940 0 0 252029 258839 0 0 89133 882370 241800 1818683 4251579 -66529 5437347 23392439 29893440 4082811 2769070 19309628 27124370 X THE RUSH COUNTY COMMUNITY FOUNDATION, THE FOUNDATION OF RUSH COUNTY'S FUTURE, IS A NONPROFIT PUBLIC CHARITY ESTABLISHED IN 1991 TO SERVE DONORS, AWARD GRANTS AND SCHOLARSHIPS, AND PROVIDE LEADERSHIP TO ENRICH AND ENHANCE THE QUALITY OF LIFE IN RUSH COUNTY, INDIANA, NOT ONLY TODAY, BUT FOR GENERATIONS TO COME.THE RUSH COUNTY COMMUNITY FOUNDATION HELPS PEOPLE OF ALL MEANS TO IMPROVE THEIR COMMUNITY NOW AND IN THE FUTURE. WE HELP DONORS PROVIDE GRANT-MAKING DOLLARS FOR NOT-FOR-PROFIT ORGANIZATIONS THAT SERVE RUSH COUNTY CITIZENS. 0 0 3981629 3750941 COMMUNITY GRANTS FOR LOCAL SCHOOLS AND ORGANIZATIONS AND COLLEGE SCHOLARSHIPS FOR INDIVIDUALS. 111 SCHOLARSHIPS AND 213 GRANTS WERE DISTRIBUTED. 3981629 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X X CHRIS MAY 7659381177 117 N MAIN ST RUSHVILLE IN 46173 KAREN BRASHABER PRESIDENT 1.00 X X 0 0 0 BEN WICKER BOARD MEMBER 1.00 X 0 0 0 ARIKA MARLATT BOARD MEMBER 1.00 X 0 0 0 PHILLIP KUHN VICE PRESIDENT 1.00 X X 0 0 0 DAVE MALSON BOARD MEMBER 1.00 X 0 0 0 KEITH PERIN BOARD MEMBER 1.00 X 0 0 0 DAVID BURKHARDT BOARD MEMBER 1.00 X 0 0 0 DENISE HOEING SECRETARY 1.00 X X 0 0 0 PHIL KING TREASURER 1.00 X X 0 0 0 LAURA ASH BOARD MEMBER 1.00 X 0 0 0 TONI SCHULTZ BOARD MEMBER 1.00 X 0 0 0 ANGELA BANE ADMINISTRATIVE AND ACCOUNT 35.00 X 45278 0 7368 CHRIS MAY EXECUTIVE DIRECTOR 40.00 X 75769 0 12137 GERALD MOHR INTERIM EXECUTIVE DIRECTOR 24.00 X 8800 0 0 129847 0 19505 0 0 0 0 WEDDLE BROS DESIGN & BUILD LLC 2182 W INDUSTRIAL PARK DR BLOOMINGTON IN 47404 WORK ON REC CENTER 1136342 TRIANGLE2 SOLUTIONS 101 5TH AVE W SPRINGFIELD TN 37172 WORK ON REC CENTER 143228 2 8805014 8805014 994136 994136 1022261 1132485 -110224 -110224 -110224 9688926 0 0 883912 3536322 3536322 214618 214618 173424 83195 59921 30308 36698 18420 7171 11107 32607 16304 9782 6521 16110 8055 4833 3222 438 66 372 16575 2486 14089 46391 46391 2272 909 1363 6223 6223 11624 11624 9139 457 8225 457 2972 2229 297 446 2271 2271 18579 7432 11147 6190 1856 4334 DONOR CULTIVATION 31425 31425 FIRST5 FUND 26059 22150 2606 1303 SOFTWARE FEES 25574 3835 20460 1279 MISCELLANEOUS 10701 10701 25367 16904 6761 1702 4251579 3981629 180817 89133 4104 12684 3260350 4493644 1343077 507693 245107 281165 262586 19846820 23781449 23392439 29893440 158748 1854019 12500 0 3911563 915051 4082811 2769070 X 7915259 8832391 11394369 18291979 19309628 27124370 23392439 29893440 X 5437347 2143734 233661 X X 0 1 X 1 0 X 538821 1193681 1197718 929300 8805014 12664534 538821 1193681 1197718 929300 8805014 12664534 6185422 6479112 606551 537770 757421 822854 994136 3718732 155 28714 28869 16412135 0.39480 0.34480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 79 2553 184382 278810 80626 6435029 1 1 15819158 2230953 2581954 580515 347150 19704400 19267428 242399 -2819027 523853 347789 15819158 17438658 314808 2367917 492538 361417 19267428 15655711 808838 1766138 543849 248180 17438658 13452590 435990 2585108 80061 242258 495658 15655711 0.27210 0.05040 0.67750 0 0 100293 100293 349263 194893 154370 58137 50214 7923 262586 X 11724073 2377399 29208 2406607 9317466 46391 325069 371460 9688926 4102087 29208 29208 4072879 46391 132309 178700 4251579 PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT POLICY FOR ENDOWMENT ASSETS THAT ATTEMPT TO PRESERVE THE REAL PURCHASING POWER OF THE ASSETS, AND PROVIDE A GROWING STREAM OF INCOME TO BE MADE AVAILABLE FOR SPENDING, AND KEEPING PACE WITH INFLATION IN ORDER TO SUSTAIN THE OPERATIONS AND GRANT-MAKING CAPACITY OF THE FOUNDATION. THE INVESTMENT POLICY ESTABLISHES A RETURN OBJECTIVE THROUGH DIVERSIFICATION OF ASSET CLASSES. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE FOUNDATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE FOUNDATION TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK PARAMETERS. IN JUNE 2017, THE FOUNDATION ADOPTED A FORMAL SPENDING POLICY TO CALCULATE THE AMOUNT OF MONEY ANNUALLY DISTRIBUTED FROM THE FOUNDATION'S VARIOUS ENDOWED FUNDS. THE CURRENT SPENDING POLICY IS TO DISTRIBUTE AN AMOUNT DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS AND THAT RATE IS MULTIPLIED BY THE PREVIOUS FIVE-YEAR ROLLING AVERAGE OF THE FUND'S FAIR MARKET VALUE. FOR DECEMBER 31, 2023 AND 2022, THE BOARD APPROVED A SPENDING RATE OF 4.2%. THE FOUNDATION'S OBJECTIVE IS TO AVOID INVASION INTO THE HISTORICAL VALUE OR PRINCIPAL OF A FUND TO MEET THE SPENDING POLICY, UNLESS THE TERMS OF A GIFT ALLOWS THE FOUNDATION TO DO SO IN A PRUDENT MANNER. ACCORDINGLY, OVER THE LONG TERM, THE FOUNDATION EXPECTS THE FORMALIZED SPENDING POLICY WILL ALLOW ITS ENDOWMENT ASSETS TO GROW CONSISTENT WITH THE FOUNDATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS, AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS, TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE FOUNDATION'S EXEMPT STATUS IN JEOPARDY, AS OF DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: MANGEMENT FEE INCOME 29,208. PART XI, LINE 4B - OTHER ADJUSTMENTS: FAS 136 ADJUSTMENT 325,069. PART XII, LINE 2D - OTHER ADJUSTMENTS: MANAGEMENT FEE EXPENSES 29,208. PART XII, LINE 4B - OTHER ADJUSTMENTS: FAS 136 ADJUSTMENT 132,313. ROUNDING -4. 1 BOYS & GIRLS CLUB OF RUSH COUNTY 1590 N SEXTON ST RUSHVILLE IN 46173 237170004 501(C)(3) 66828 0 DEVELOPMENT, GAMES ROOM GLEANERS FOOD BANK OF INDIANA 3737 WALDEMERE AVE INDIANAPOLIS IN 46241 351483868 501(C)(3) 15000 0 SCHOOL PANTRY MAIN STREET CHRISTIAN CHURCH 615 N MAIN ST RUSHVILLE IN 46173 356000841 501(C)(3) 10309 0 FINANCIAL SUPPORT RUSH COUNTY HUMANE SOCIETY 916 E US HWY 52 RUSHVILLE IN 46173 351965311 501(C)(3) 12092 0 FINANCIAL SUPPORT RUSH MEMORIAL HOSPITAL 1300 N MAIN ST RUSHVILLE IN 46173 356004464 GOVERNMENTAL 8380 0 FINANCIAL SUPPORT RUSHVILLE LODGE 1307 BPOE OF ELKS PO BOX 81 RUSHVILLE IN 46173 350173269 501(C)(8) 8139 0 FINANCIAL SUPPORT RUSHVILLE PUBLIC LIBRARY 130 W 3RD ST RUSHVILLE IN 46173 356002081 501(C)(3) 26604 0 SUPPLIES AND FINANCIAL SUPPORT ST MARY CATHOLIC SCHOOL FOUNDATION 225 E 5TH ST RUSHVILLE IN 46173 351810106 501(C)(3) 11200 0 FINANCIAL SUPPORT ST PAUL'S UNITED METHODIST CHURCH 426 N MORGAN RUSHVILLE IN 46173 356000842 501(C)(3) 31737 0 FINANCIAL SUPPORT RUSH COUNTY SENIOR CITIZENS SERVICES 504 W 3RD STREET RUSHVILLE IN 46173 351360401 501(C)(3) 10288 0 FINANCIAL SUPPORT RUSH COUNTY ARC PO BOX 44 RUSHVILLE IN 46173 351343188 501(C)(3) 7938 0 FINANCIAL SUPPORT RUSH COUNTY HISTORICAL SOCIETY PO BOX 302 RUSHVILLE IN 46173 356021791 501(C)(3) 5355 0 FINANCIAL SUPPORT RUSHVILLE ELEMENTRY SCHOOL 400 W 16TH STREET RUSHVILLE IN 46173 351097791 GOVERNMENTAL 10686 0 STUDENT AND SCHOOL SUPPORT BENJAMIN RUSH MIDDLE SCHOOL 1601 N SEXTON STREET RUSHVILLE IN 46173 351097791 GOVERNMENTAL 6310 0 8TH GRADE CAREER & AG DAY, REFERRALS, YEARBOOKS MANILLA COMMUNITY FIRE DEPARTMENT PO BOX 158 MANILLA IN 46150 351903617 501(C)(3) 15000 0 TORNADO SIRENS MILROY COMMUNITY FOOD PANTRY 300 N WALNUT STREET PO BOX 392 MILROY IN 46156 853351366 501(C)(3) 10000 0 FINANCIAL SUPPORT RCHS ACTIVITIES FUND 1201 LIONS PATH RUSHVILLE IN 46179 351097791 GOVERNMENTAL 25529 0 FFA SUPPORT RUSH COUNTY COMMUNITY ASSISTANCE INC 109 E 3RD STREET RUSHVILLE IN 46173 263693804 501(C)(3) 10000 0 MILK PROJECT RUSHVILLE PARKS & RECREATION 119 W 16TH STREET RUSHVILLE IN 46713 356001184 GOVERNMENTAL 7082 0 DISK GOLF COURSE RUSHVILLE PSI LOTA XI 121 E 3RD ST RUSHVILLE IN 46173 356030502 501(C)(3) 15000 0 HEARING AID HELP ST MARY CALVARY CEMETERY 3787 W 415 S RUSHVILLE IN 46173 350876366 501(C)(3) 5245 0 FINANCIAL SUPPORT ARLINGTON ELEMENTARY SCHOOL 2533 N 700 W ARLINGTON IN 46104 351097791 GOVERNMENTAL 5253 0 LEARNING SPACE, GOLF SCRAMBLE EAST HILL CEMETERY CO 704 E STATE RD 44 RUSHVILLE IN 46173 350284037 501(C)(3) 8001 0 HISTORIC MONUMENTS AND UPKEEP GIRLS INC OF SHELBYVILLESHELBY COUNTY 904 S MILLER ST SHELBYVILLE IN 46176 351277849 501(C)(3) 10000 0 TECHNOLOGY GLENWOOD VOLUNTEER FIRE DEPARTMENT INCORPORATED PO BOX 175 GLENWOOD IN 46133 203011561 GOVERNMENTAL 28725 0 TOOLS FOR ENGINE TRUCK POSEY TOWNSHIP VOLUNTEER FIRE DEPARTMENT 7560 W US 52 ARLINGTON IN 46104 351740421 GOVERNMENTAL 10422 0 ANNUAL SUPPORT, PURCHASE BREATHING APPARATUS PURDUE EXTENSION RUSH COUNTY 101 E 2ND ST ROOM 103 RUSHVILLE IN 46173 300224103 501(C)(3) 15136 0 4-H SUPPORT RUSH COUNTY SHERIFF'S OFFICE 131 E 1ST ST RUSHVILLE IN 46173 356000193 GOVERNMENTAL 5100 0 FATAL ACCIDENT CRASH TEAM SOULMEDIC MEDIA GROUP INC 6429 OAKBROOK PKWY FORT WAYNE IN 46825 273417633 GOVERNMENTAL 6568 0 THE GET SCHOOLED TOUR THE OPEN RESOURCE 103 N MAIN ST RUSHVILLE IN 46173 844469821 501(C)(3) 24000 0 DIGITAL EQUIPMENT THE HEART OF RUSHVILLE 330 N MAIN ST RUSHVILLE IN 46173 352021590 501(C)(3) 5150 0 BEAUTIFY MAIN STREET THE PORCH OF RECOVERY 440 W 1ST ST RUSHVILLE IN 46173 921839790 GOVERNMENTAL 10000 0 DOPE TO HOPE CITY OF RUSHVILLE 330 N MAIN ST RUSHVILLE IN 46173 356001184 GOVERNMENTAL 2996512 0 REC CENTER 34 1 SCHOLARSHIPS FOR STUDENTS ATTENDING HIGHER EDUCATION INSTITUTIONS. 69 214618 PART I, LINE 2: THE TERMS OF THE GRANT REQUIRE TWO SIGNATURES FROM THE RECIPIENT ORGANIZATION BEFORE FUNDS ARE RELEASED. THE REQUIREMENTS OF THE RECIPIENT ORGANIZATION INCLUDE REPORTING INFORMATION BACK TO THE FOUNDATION INCLUDING WHETHER THE FUNDS WERE USED ACCORDING TO THE GRANT REQUEST, RECEIPTS FOR GRANT EXPENDITURES, REIMBURESMENT OF UNUSED FUNDS, PHOTOGRAPHS OF ANY ITEMS ACQUIRED WITH GRANT FUNDS, AND COMPLETION OF A QUESTIONNAIRE. THE GRANT RECIPIENT MUST STATE IN THE QUESTIONNAIRE WHETHER FUNDS WERE USED IN ACCORDANCE WITH IRS REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND ADMINISTRATIVE AND ACCOUNTS COORDINATOR BEFORE FILING. THE COMPLETED INFORMATION WILL BE PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD PRESIDENT AND THE EXECUTIVE DIRECTOR ANALYZE POTENTIAL CONFLICTS OF BOARD MEMBERS, AND ANY ACTUAL CONFLICTS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15 PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL - THE EXECUTIVE COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR AND REPORTS TO THE BOARD. THE EXECUTIVE COMMITTEE MAKES RECOMMENDATIONS FOR COMPENSATION LEVELS TO THE GOVERNING BOARD BASED ON VARIOUS INFORMATION INCLUDING COMPARABLE COMPENSATION DATA FOR THE POSITION. THE GOVERNING BOARD VOTES ON THE COMPENSATION AMOUNT OF ALL STAFF. ALL BOARD AND COMMITTEE MEETINGS ARE CONTEMPORANEOUSLY DOCUMENTED. PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS - THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW OF ALL EMPLOYEES AND REPORTS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAKES RECOMENDATIONS FOR COMPENSATION LEVELS TO THE GOVERNING BOARD BASED ON VARIOUS INFORMATION INCLUDING COMPARABLE COMPENSATION DATA FOR THE POSITION. THE GOVERNING BOARD VOTES ON THE COMPENSATION AMOUNT OF ALL STAFF. ALL BOARD AND COMMITTEE MEETINGS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIALS ARE AVAILABLE ON OUR WEBSITE. FORM 990, PART XI, LINE 9: FAS 136 ADJUSTMENT 233,664. ROUNDING -3. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS NOT CHANGED THE SELECTION PROCESS FOR THE AUDITOR OR THE METHOD OF OVERSIGHT.