2024-11-15T09:36:20-06:00 2023-12-31 251031405 MCGILL POWER BELL & ASSOC LLP 2402 W 8TH STREET ERIE PA 16505 990 2023-01-01 251650208 NORTH EAST COMMUNITY FOUNDATION NORT 8147257107 459 WEST 6TH ST ERIE PA 16507 KAREN BILOWITH PRESIDENT 8147258346 2024-11-14 1 0 CRAIG C MOFFATT P00077574 8144536594 2023 2024-10-15 13:58:12Z KAREN BILOWITH 459 WEST 6TH ST ERIE PA 16507 2893556 0 X WWW.NECOMMUNITYFOUNDATION.ORG X 1991 PA PUBLIC CHARITABLE COMMUNITY FOUNDATION 11 11 0 11 0 0 5270595 332691 0 0 384827 477489 0 0 5655422 810180 397351 500226 0 0 0 0 0 0 17398 199820 251751 597171 751977 5058251 58203 15058811 16124238 97012 52877 14961799 16071361 THE MISSION OF THE NORTH EAST COMMUNITY FOUNDATION IS TO ASSIST A DIVERSE GROUP OF DONORS IN IMPROVING THE QUALITY OF LIFE IN AND AROUND NORTH EAST BY CREATING ENDOWMENTS MAKING IT EASY TO CARRY OUT THE DONORS' PHILANTHROPIC INTERESTS IN A PROFESSIONAL AND TIMELY MANNER. 0 0 632391 500226 TO ENHANCE THE QUALITY OF LIFE IN THE COMMUNITY OF NORTH EAST BY PROVIDING GRANTS TO OTHER EDUCATIONAL, CULTURAL AND RECREATIONAL ORGANIZATIONS. GRANTS FROM UNRESTRICTED ENDOWMENTS ARE DISTRIBUTED TO CHARITIES AND PROGRAMS IN NORTH EAST, PA THROUGH A COMPETITIVE APPLICATION PROCESS. AFTER PROPER DUE DILIGENCE, GRANTS FROM DONOR ADVISED, SCHOLARSHIP AND DESIGNATED FUNDS ARE MADE IN ACCORDANCE WITH THE RECOMMENDATION OF THE DONOR AND GIFT INSTRUMENTS. 632391 1 1 0 0 0 1 0 0 0 1 1 1 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 CJ BD 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X SUE HAUBER 8144540843 459 WEST 6TH STREET ERIE PA 16507 WILLIAM LEWIS CHAIRMAN 1.00 X X 0 0 0 VERNON FRYE VICE CHAIR 1.00 X X 0 0 0 ROBERT JEFFREY ESQ TREASURER 1.00 X X 0 0 0 CHRISTOPHER MILLER TRUSTEE 1.00 X 0 0 0 DEBORAH A PHILLIPS SECRETARY 1.00 X X 0 0 0 DAN ADAMUS TRUSTEE 1.00 X 0 0 0 DAVID MEEHL TRUSTEE 1.00 X 0 0 0 JENNIFER SMITH TRUSTEE 1.00 X 0 0 0 JIM GORZYNSKI TRUSTEE 1.00 X 0 0 0 KELLY MONTEFIORI TRUSTEE 1.00 X 0 0 0 KATHLEEN JOHNSON TRUSTEE 1.00 X 0 0 0 KAREN BILOWITH PRESIDENT 1.00 X 0 284500 31168 0 284500 31168 0 0 1 0 0 332691 50826 332691 159224 159224 2401641 2083376 318265 318265 318265 810180 0 0 477489 451137 451137 49089 49089 124359 124019 170 170 500 250 125 125 92599 92599 129 13 58 58 19356 3871 3871 11614 4053 455 1766 1832 889 297 296 296 751 251 250 250 8964 2994 2985 2985 DUES AND MEMBERSHIPS 151 15 68 68 751977 632391 102188 17398 1365 0 5000000 0 428167 0 0 428167 4806069 7477444 4638413 7918718 612964 299909 15058811 16124238 3015 65 54820 15400 39177 37412 97012 52877 X 14906404 16012570 55395 58791 14961799 16071361 15058811 16124238 X 58203 1038920 12439 X X 0 1 X 1 0 X 31790 568005 1313491 270595 332691 2516572 31790 568005 1313491 270595 332691 2516572 156452 2360120 114048 87276 202124 90749 159224 653421 3169993 0.74450 0.73310 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: DATE: 12/31/22 AMOUNT: 5000000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8 28 81619 189526 17841 213513 465190 2796349 1 1 14905089 1506684 633419 91221 123679 15563454 11290604 5242177 -1125173 344471 61949 96099 14905089 8757218 1273032 1741576 297636 99300 84286 11290604 7815264 586224 981022 510032 47393 67867 8757218 6942831 20816 1191184 232169 44707 62691 7815264 1.00000 0 1 1 79500 79500 348667 348667 428167 VARIOUS PARTNERSHIPS AND ALTERNATIVE INVESTMENTS 7918718 F 7918718 ANNUITY OBLIGATIONS 37412 37412 1480970 1038920 17328 1056248 424722 92599 292859 385458 810180 490371 0 490371 92599 169007 261606 751977 PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 4,889. AGENCY ENDOWMENT ADDITIONS 287,970. PART XII, LINE 4B - OTHER ADJUSTMENTS: AGENCY EXPENSES 169,007. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. CENTRAL AMERICA/CARIBBEAN PASSIVE INVESTMENTS 27528018 0 0 0 0 0 0 27528018 0 27528018 0 0 0 0 0 0 0 4 NINE PLACE 49 SMEDLEY ST NORTH EAST PA 16428 251881947 501(C)3 29150 0 VARIOUS PROJECTS CRESCENT HOSE CO 36 EAST MAIN STREET NORTH EAST PA 16428 251550467 501(C)3 16776 0 VARIOUS PROJECTS MCCORD MEMORIAL LIBRARY 32 WEST MAIN ST NORTH EAST PA 16428 251021791 501(C)3 15414 0 VARIOUS PROJECTS NORTH EAST ARTS COUNCIL PO BOX 662 NORTH EAST PA 16428 251622803 501(C)3 15893 0 VARIOUS PROJECTS PARK UNITED METHODIST CHURCH 30 N LAKE ST NORTH EAST PA 16428 256057238 501(C)3 6386 0 VARIOUS PROJECTS PENN STATE ERIE THE BEHREND COLLEGE 201 LOGAN HOUSE ERIE PA 16563 246000376 501(C)3 7247 0 VARIOUS PROJECTS PENN STATE UNIVERSITY OFFICE OF GIFT PLANNING UNIVERSITY PARK PA 16802 246000376 501(C)3 7247 0 VARIOUS PROJECTS PROJECT LOVE INC PO BOX 292 NORTH EAST PA 16428 251882888 501(C)3 7221 0 VARIOUS PROJECTS UNITED WAY OF ERIE COUNTY 420 WEST 6TH ST SUITE 200 ERIE PA 16507 251053091 501(C)3 8196 0 VARIOUS PROJECTS LAKE SHORE RAILWAY HISTORICAL SOCIETY INC PO BOX 571 NORTH EAST PA 16428 237007748 501(C)3 157239 0 VARIOUS PROJECTS FULLER HOSE COMPANY 68 SOUTH PEARL STREET NORTH EAST PA 16428 251473811 501(C)3 29335 0 VARIOUS PROJECTS ERIE PHILHARMONIC 23 WEST 10TH ST ERIE PA 16501 256065898 501(C)3 30000 0 VARIOUS PROJECTS COMMUNITY NURSING SERVICES OF NORTH EAST 7 PARK STREET NORTH EAST PA 16428 251193348 501(C)3 7913 0 VARIOUS PROJECTS DOOR STUDENT SERVICES INC 77 ROBINSON ST NORTH EAST PA 16428 352422389 501(C)3 14758 0 VARIOUS PROJECTS NORTH EAST EDUCATION FOUNDATION 50 EAST DIVISION STREET NORTH EAST PA 16428 263524028 501(C)3 12459 0 VARIOUS PROJECTS DOWNTOWN NORTH EAST INC 44 WEST MAIN STREET NORTH EAST PA 16428 800415113 501(C)3 26755 0 VARIOUS PROJECTS NORTH EAST HISTORICAL SOCIETY PO BOX 483 NORTH EAST PA 12428 251662324 501(C)3 24214 0 VARIOUS PROJECTS EPISCOPAL CHURCH OF THE HOLY CROSS 51 WESY MAIN ST NORTH EAST PA 16428 251487469 501(C)3 5134 0 VARIOUS PROJECTS 18 SCHOLARSHIPS 20 49089 FORM 990, SCHEDULE I, PART II & III OUR GRANT MAKING FALLS INTO 3 CATEGORIES: GRANTS WHICH ARE RECOMMENDED BY THE ORIGINAL DONOR OR FUND ADVISORS: WHEN THE RECOMMENDATIONS ARE SUBMITTED, A MEMBER OF THE FOUNDATION'S STAFF RESEARCHES THE ORGANIZATION AND VERIFIES 501(C)3 STATUS. OUR SUGGESTION FORM INCLUDES THE VERY SPECIFIC LANGUAGE: AS A DONOR ADVISOR TO THE NORTH EAST COMMUNITY FOUNDATION, I RECOMMEND MAKING THIS GRANT FROM THE ABOVE NAMED FUND. I ACKNOWLEDGE THAT THE GRANT RECOMMENDATION MUST RECEIVE APPROVAL BY THE NORTH EAST COMMUNITY FOUNDATION. IN ACCORDANCE WITH IRS REGULATIONS, THIS RECOMMENDATION DOES NOT REPRESENT THE PAYMENT OF ANY PERSONAL PLEDGE OR OTHER FINANCIAL OBLIGATION OF THE UNDERSIGNED. NO GOODS OR SERVICES OR TAX DEDUCTIBLE BENEFITS WILL BE RECEIVED BY PAYMENT OF THIS GRANT. SCHOLARSHIP: EACH OF OUR SCHOLARSHIP FUNDS HAS AN INDEPENDENT COMMITTEE ESTABLISHED FOR THE REVIEW OF THE SCHOLARSHIP APPLICATION, AND THE AWARDING DECISIONS. THE COMMITTEES ARE ESTABLISHED WITH AN EYE TOWARDS INDEPENDENCE AND MOST HAVE A LOCAL HIGH SCHOOL OFFICIAL ON THE COMMITTEE. SCHOLARSHIP CHECKS ARE USUALLY MADE PAYABLE TO THE SCHOOL. COMPETITIVE: OUR COMPETITIVE GRANT MAKING RESPONDS TO THE NEEDS OF THE COMMUNITY THROUGH AN APPLICATION AND REVIEW PROCESS. A GRANTS COMMITTEE REVIEWS ALL APPLICATIONS, AND THE FINANCE DEPARTMENT REVIEWS THE FINANCIAL DOUMENTATION SUBMITTED WITH THE APPLICATION. THE GRANTS COMMITTEE RECOMMENDS THE GRANTS TO THE BOARD OF DIRECTORS, WHO DELIBERATE AND GIVE FINAL APPROVAL. SIX MONTHS AFTER THE GRANT HAS BEEN DISBURSED, THE PROGRAM OFFICER SENDS AN EVALUATION FORM TO THE GRANTEE ORGANIZATION. SPECIFIC CRITERIA REGARDING THE GRANT REPORT ARE PROVIDED TO THE GRANTEE. ADDITIONALLY, THE PROGRAM OFFICER WILL MAKE BOTH SCHEDULED AND PERIODIC UNANNOUNCED SITE VISITS TO ASSESS THE VIABILITY AND EFFECTIVENESS OF THE GRANTEE'S PROGRAM. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 KAREN BILOWITH PRESIDENT 0 257500 0 20000 0 7000 0 19425 0 11743 0 315668 0 0 PART I, LINE 1A IT IS THE POLICY OF THE FOUNDATION TO CONSIDER MEMBERSHIP IN ORGANIZATIONS THAT WOULD PROMOTE THE ADVANCEMENT OF THE FOUNDATION, ENHANCE THE PROFESSIONAL STANDING OF ITS SENIOR PERSONNEL, AND FACILITATE FAVORABLE COMMUNITY RELATIONS. COSTS IN RELATION TO BENEFITS SHALL BE CONSIDERED. MEMBERSHIP IN AN ORGANIZATION MUST BE USED PRIMARILY FOR BUSINESS PURPOSES. KAREN BILOWITH AND SUSANNAH WEIS FRIGON ARE THE ONLY EMPLOYEES WHO RECEIVE THE SOCIAL CLUB BENEFIT. THIS BENEFIT IS INCLUDED IN COMPENSATION AS A TAXABLE FRINGE BENEFIT. X 1 50826 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A NORTH EAST COMMUNITY FOUNDATION SIGNED AN AFFILIATE AGREEMENT WITH THE ERIE COMMUNITY FOUNDATION. SINCE THEN, THE ERIE COMMUNITY FOUNDATION HAS HAD THE RIGHT TO APPOINT THE MAJORITY OF THE BOARD OF NORTH EAST COMMUNITY FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B INTERNAL REVIEWS OF THE FORM 990 ARE DONE BY THE VP OF FINANCE AND THE PRESIDENT. THIS REVIEW CONSISTS OF TRACING ALL FIGURES FROM INTERNALLY DEVELOPED SCHEDULES TO THE 990 AND REVIEWING ALL DISCREPANCIES WITH THE TAX PREPARERS. NOTE THAT THE FULL BOARD OF TRUSTEES RECEIVES COPIES OF THE 990 BEFORE FILING FOR THEIR REVIEW AND COMMENT. A FINAL REVIEW IS CONDUCTED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEE MEMBERS MUST ANNUALLY DISCLOSE, IN FULL, THE NAME OF EACH BUSINESS OR NONPROFIT ORGANIZATION THAT HAS OR REASONABLY EXPECTS TO HAVE A MATERIAL INTEREST IN ANY PROPOSED EXISTING CONTRACT, TRANSACTION OR ARRANGEMENT WITH THE FOUNDATION AND IN WHICH HE/SHE, HIS/HER SPOUSE OR ANY MEMBER OF THEIR IMMEDIATE FAMILY IS A MEMBER, DIRECTOR, OFFICER, EMPLOYER OR PARTNER. BOARD OF TRUSTEE MEMBERS ARE PROVIDED A FORM EACH YEAR FOR THIS PURPOSE. FOUNDATION STAFF FOLLOW-UP WITH TRUSTEES AS NECESSARY TO MAKE SURE THAT ALL FORMS ARE EXECUTED AND RETURNED. IN ADDITION TO THE ANNUAL DISCLOSURE, THE FOUNDATION'S CONFLICT OF INTEREST POLICY, WHICH ALL TRUSTEES MUST SIGN EACH YEAR, PROVIDES THAT TRUSTEES HAVING A CONTINUING OBLIGATION TO REPORT CONFLICTS AND MUST PROMPTLY REPORT ANY CONFLICT THAT HAS NOT PREVIOUSLY BEEN REPORTED. TRUSTEES THAT ARE DEEMED TO HAVE A CONFLICT OF INTEREST BASED ON THE ABOVE PROCESSESS ARE RECUSED FROM PARTICIPATING IN VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A POLICY WHICH INCLUDES AN INDEPENDENT REVIEW OF COMPENSATION, HOWEVER, THE ORGANIZATION PRESENTLY DOES NOT HAVE ANY PAID EMPLOYEES SO THE POLICY IS NOT CURRENTLY APPLICABLE. FORM 990, PART VI, SECTION C, LINE 19 NORTH EAST COMMUNITY FOUNDATION'S ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RECOVERIES OF PRIOR YEAR GRANTS 17,328. CHANGES IN VALUE OF SPLIT INTEREST AGREEMETNS -4,889. ROUNDING ADJUSTMENT FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ERIE COMMUNITY FOUNDATION 459 WEST 6TH STREET ERIE PA 16507 256032032 CTY FOUNDATION PA 501(C)3 LINE 7 N/A 1 CORRY COMMUNITY FOUNDATION 459 WEST 6TH STREET ERIE PA 16507 251850006 CTY FOUNDATION PA 501(C)3 LINE 12C, III-FI ECF 1 UNION CITY COMMUNITY FOUNDATION 459 WEST 6TH STREET ERIE PA 16507 251672243 CTY FOUNDATION PA 501(C)3 LINE 12C, III-FI ECF 1 NON PROFIT PARTNERSHIP 459 WEST 6TH STREET ERIE PA 16507 205616727 MANAGEMENT PA 501(C)3 LINE 7 N/A 1 HISTORICAL ERIE PRESERVATION TRUST 230 WEST 6TH STREET ERIE PA 16507 866785153 CHARITABLE TRUST PA 501(C)3 LINE 12A, I ECF 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 ERIE COMMUNITY FOUNDATION M 123679 FMV