2024-11-15T08:20:57-06:00 2023-12-31 560587953 GILLIAM BELL MOSER LLP PO BOX 621 BURLINGTON NC 272160621 990 2023-01-01 823275373 ALAMANCE COMMUNITY FOUNDATION ALAM 3367906627 POST OFFICE BOX 726 BURLINGTON NC 27216 GAVIN STEVENS EXECUTIVE DIRECTOR 3367906627 2024-11-15 1 0 J BRADLEY MOSER P00024209 3362276283 2024-11-11 2023 2024-10-15 13:58:12Z GAVIN STEVENS POST OFFICE BOX 726 BURLINGTON NC 27216 4057526 0 X WWW.ALAMANCECOMMUNITYFOUNDATION.ORG X 2017 NC THE ALAMANCE COMMUNITY FOUNDATION IS A CHARITABLE ORGANIZATION DEDICATED TO STRENGTHENING ALAMANCE COUNTY FOR PRESENT AND FUTURE GENERATIONS THROUGH PHILANTHROPY. WORKING TOWARD A VISION OF AN INCLUSIVE, CARING AND VIBRANT COMMUNITY, THE COMMUNITY FOUNDATION FACILITATES GIVING THAT IMPROVES LIVES IN THE COMMUNITY, MAINTAINS PERMANENT ENDOWMENT FUNDS, AND PARTNERS WITH DONORS TO SHAPE EFFECTIVE RESPONSES TO COMMUNITY ISSUES AND OPPORTUNITIES. 15 15 4 55 0 0 1596279 3203903 200720 222056 567600 631567 4965 0 2369564 4057526 1061770 899126 0 0 137968 166486 0 0 77288 456671 347817 1656409 1413429 713155 2644097 19209403 24330691 5358753 6314063 13850650 18016628 THE ALAMANCE COMMUNITY FOUNDATION'S MISSION IS TO STRENGTHEN ALAMANCE COUNTY FOR PRESENT AND FUTURE GENERATIONS THROUGH INSPIRED AND COLLABORATIVE GIVING. 0 0 585917 423655 DONOR-ADVISED AND SCHOLARSHIP FUNDS: THE COMMUNITY FOUNDATION MANAGES 33 DONOR-ADVISED FUNDS AND 22 SCHOLARSHIP FUNDS WHICH ENABLE RESIDENTS OF ALAMANCE COUNTY TO ACHIEVE THEIR INDIVIDUAL CHARITABLE GOALS. DURING 2023, 207 GRANTS AND SCHOLARSHIPS TOTALING $423,655 WERE DISBURSED IN SUPPORT OF FAITH-BASED, HEALTH AND HUMAN SERVICE, EDUCATIONAL, AND OTHER COMMUNITY SERVICE ORGANIZATIONS. 522937 378117 216289 FIELD OF INTEREST FUNDS: THE COMMUNITY FOUNDATION MANAGES ENDOWED AND UNRESTRICTED GRANT FUNDS WHICH ARE USED TO STRENGTHEN ITS COMMUNITY FOR PRESENT AND FUTURE GENERATIONS. FOCUS AREAS FOR 2023 WERE PROGRAM/PROJECT-BASED FUNDING IN THE AREAS OF EDUCATION, HEALTH AND HUMAN SERVICE, YOUTH PROGRAMMING AND THE ARTS. 134641 97354 5767 DESIGNATED AND ORGANIZATION ENDOWMENT FUNDS: AREA RESIDENTS HAVE CREATED FUNDS TO SUPPORT SPECIFIC NONPROFIT ORGANIZATIONS. DURING 2023, 11 SPECIAL INTEREST ENDOWMENT FUNDS GRANTED $97,354 TO THEIR BENEFICIARY ORGANIZATIONS. IN ADDITION, THE COMMUNITY FOUNDATION MANAGES THE ENDOWMENT FUNDS OF LOCAL NONPROFIT ORGANIZATIONS (A TOTAL OF 28 FUNDS IN 2023). ACCORDINGLY, THE FOUNDATION RECOGNIZES A LIABILITY TO THE NONPROFIT AND ADJUSTS THIS LIABILITY FOR RELATED CONTRIBUTIONS, EARNINGS, GRANTS AND EXPENSES. IN 2023, $180,140 WAS RETURNED TO THESE ORGANIZATIONS. 1243495 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 4 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X GAVIN STEVENS EXECUTIVE DIRECTOR 3367906627 133 EAST DAVIS STREET BURLINGTON NC 27215 ROBERT CHANDLER CHAIR 2.00 X X 0 0 0 MARLENE CARTER VICE CHAIR 1.00 X X 0 0 0 FRANCIS LUMMY BARNES IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 CINDY CHANDLER TREASURER 2.00 X X 0 0 0 RYAN MOFFITT SECRETARY 1.00 X X 0 0 0 CLAIRE HASLAM DIRECTOR 0.50 X 0 0 0 DAVID SELLERS DIRECTOR 0.50 X 0 0 0 KATHLEEN TREADWELL DIRECTOR 0.50 X 0 0 0 AMI HILL DIRECTOR 0.50 X 0 0 0 SCOTT GUNN DIRECTOR 0.50 X 0 0 0 MICHAEL DIAMOND DIRECTOR 0.50 X 0 0 0 VERNON CLAPP DIRECTOR 0.50 X 0 0 0 WILLY FISHER DIRECTOR 0.50 X 0 0 0 ELIZABETH HOOD DIRECTOR 0.50 X 0 0 0 JOYCE MONTAGUE DIRECTOR 0.50 X 0 0 0 GAVIN STEVENS EXECUTIVE DIRECTOR 40.00 X 99611 0 9687 99611 0 9687 0 0 0 0 0 3203903 1731356 3203903 ADMINISTRATIVE FEE REV 561000 216289 216289 SPECIAL EVENTS REVENUE 561000 5767 5767 222056 631567 631567 4057526 222056 0 631567 X 779876 779876 119250 119250 110398 41153 28529 40716 45023 17238 11532 16253 11065 4236 2834 3995 9685 1256 7184 1245 17486 2266 12971 2249 55382 55382 177908 175733 1689 486 1009 1009 1235 414 409 412 26912 8971 8971 8970 1311 438 437 436 1052 351 351 350 1697 599 602 496 3534 3534 PROGRAM EXPENSE 20304 20304 DUES & SUBSCRIPTIONS 12953 12953 DEVELOPMENT 10473 9152 650 671 SPECIAL EVENTS EXPENSE 5492 5492 1384 1384 1413429 1243495 92646 77288 605922 620910 272749 871962 115 1708 22766 24765 1288 1288 0 0 18307851 22811346 19209403 24330691 36477 50158 100000 66000 5222276 6197905 5358753 6314063 X 8923986 12036814 4926664 5979814 13850650 18016628 19209403 24330691 2644097 1521881 0 X 0 1 X 1 0 X 1449149 1292285 1721250 1596279 3203903 9262866 1449149 1292285 1721250 1596279 3203903 9262866 3996454 5266412 343220 205419 454921 567600 631567 2202727 275 275 11465868 968597 0.45930 0.87210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33 2629566 304405 7884771 1 1 9758809 862272 1604835 367821 125542 11732553 11501218 247872 -1575428 292961 121892 9758809 9471482 844537 1536965 220029 131737 11501218 8337001 435742 1105414 305716 100959 9471482 7321462 82677 1402368 369419 100087 8337001 0.00000 0.87266 0.12733 0 0 1288 1288 0 0 FUNDS HELD AS ORGANIZATIONAL FUNDS 6197905 6197905 5357905 1521881 16000 1 1537882 3820023 232011 5492 237503 4057526 1191928 16000 2 16002 1175926 232011 5492 237503 1413429 PART XI, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 5,492. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 2. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 5,492. PART V, LINE 4 ENDOWMENT FUNDS HELD BY THE COMMUNITY FOUNDATION EXIST TO SUPPORT THE NONPROFIT ORGANIZATIONS IN WHOSE NAME THEY WERE ESTABLISHED. ANNUAL PAYOUTS ARE MADE AVAILABLE TO THE BENEFICIARY NONPROFITS AT A RATE DETERMINED ANNUALLY BY THE COMMUNITY FOUNDATION'S INVESTMENT COMMITTEE. THESE FUNDS ARE INTENDED TO SUPPORT THE MISSIONS AND WORK OF THE NONPROFITS WHO ESTABLISHED THE ENDOWED FUNDS OR WHO WERE NAMED AS BENEFICIARIES BY THE ESTABLISHING DONORS. 1 ABWE FOUNDATION LLC PO BOX 8585 HARRISBURG PA 171058585 232913381 501(C)(3) 7000 0 PROGRAM ASSISTANCE IMPACT ALAMANCE 133 E DAVIS STREET BURLINGTON NC 27215 462505818 501(C)(3) 41250 0 PROGRAM ASSISTANCE ALAMANCE ARTS 213 S MAIN STREET GRAHAM NC 27253 560751151 501(C)(3) 17100 0 PROGRAM ASSISTANCE ALAMANCE COMMUNITY COLLEGE FOUNDATION 1247 JIMMIE KERR RD GRAHAM NC 27253 581511004 501(C)(3) 63066 0 PROGRAM ASSISTANCE ALAMANCE COUNTY YOUNG LIFE 1346 S MAIN ST BURLINGTON NC 27215 840385934 501(C)(3) 15150 0 PROGRAM ASSISTANCE ALAMANCE ELDERCARE PO BOX 1409 GRAHAM NC 27253 561836540 501(C)(3) 5250 0 PROGRAM ASSISTANCE ALAMANCE-BURLINGTON SCHOOL SYSTEN 1712 VAUGHN RD BURLINGTON NC 27217 561957903 GOVERNMENT 8925 0 PROGRAM ASSISTANCE BREAK THE CYCLE GLOBAL PO BOX 1814 BURLINGTON NC 27216 562188796 501(C)(3) 9000 0 PROGRAM ASSISTANCE BURR & BURTON ACADEMY PO BOX 498 MANCHESTER VT 05254 030179404 501(C)(3) 6000 0 PROGRAM ASSISTANCE CITY OF BURLINGTON RECREATION AND PARKS 425 S LEXINGTON AVE BURLINGTON NC 27216 GOVERNMENT 22527 0 PROGRAM ASSISTANCE CHILDREN'S MUSEUM OF ALAMANCE COUNTY INC 217 S MAIN ST GRAHAM NC 27253 421740709 501(C)(3) 6846 0 PROGRAM ASSISTANCE ELON UNIVERSITY 50 CAMPUS DRIVE ELON NC 27244 560532303 501(C)(3) 51111 0 PROGRAM ASSISTANCE FEED THE HUNGER 323 W HARDEN ST GRAHAM NC 27253 560953324 501(C)(3) 15250 0 PROGRAM ASSISTANCE FIRST PRESBYTERIAN CHURCH OF BURLINGTON 508 W DAVIS ST BURLINGTON NC 27215 455432913 501(C)(3) 201409 0 PROGRAM ASSISTANCE FRONT STREET UNITED METHODIST CHURCH 136 S FISHER ST BURLINGTON NC 27215 560615203 501(C)(3) 7950 0 PROGRAM ASSISTANCE MACEDONIA LUTHERAN CHURCH 421 W FRONT ST BURLINGTON NC 27217 560594586 501(C)(3) 11000 0 PROGRAM ASSISTANCE NEW LEAF SOCIETY PO BOX 4083 BURLINGTON NC 27215 261560297 501(C)(3) 10800 0 PROGRAM ASSISTANCE PROVIDENCE A CHRISTIAN MONTESSORI COMMUNITY PO BOX 1473 BURLINGTON NC 27216 680669239 501(C)(3) 10000 0 PROGRAM ASSISTANCE RESIDENTIAL TREATMENT SERVICES OF ALAMANCE INC 136 HALL AVE BURLINGTON NC 27217 560988222 501(C)(3) 25900 0 PROGRAM ASSISTANCE ST MARK'S CHURCH 1230 ST MARKS CHURCH RD BURLINGTON NC 27215 566054730 501(C)(3) 11000 0 PROGRAM ASSISTANCE THE EPISOCOPAL CHURCH OF THE HOLY COMFORTER 320 E DAVIS ST BURLINGTON NC 27215 566001643 501(C)(3) 29397 0 PROGRAM ASSISTANCE UNITED WAY OF ALAMANCE COUNTY NORTH CAROLINA INC 220 E FRONT ST BURLINGTON NC 27215 560599239 501(C)(3) 8000 0 PROGRAM ASSISTANCE MONTESSORI COMMUNITY SCHOOL 4512 POPE ROAD DURHAM NC 27707 561277164 501(C)(3) 10000 0 PROGRAM ASSISTANCE ALLIANCE BIBLE FELLOWSHIP 1035 NORTH CAROLINA HWY 105 BYPASS BOONE NC 28607 131623940 501(C)(3) 10500 0 PROGRAM ASSISTANCE EAST CAROLINA UNIVERSITY FOUNDATION 2200 S CHARLES BLVD MAIL STOP 301 GREENVILLE NC 278584353 566093187 501(C)(3) 5500 0 PROGRAM ASSISTANCE ST MARGARET'S SCHOOL FOUNDATION 444 S WATER LANE TAPPAHANNOCK VA 22560 510206215 501(C)(3) 9000 0 PROGRAM ASSISTANCE WALTER M WILLIAMS HIGH SCHOOL ATHLETIC BOOSTER CLUB PO BOX 1794 BURLINGTON NC 27216 561411270 501(C)(3) 13750 0 PROGRAM ASSISTANCE YMCA OF ALAMANCE COUNTY INC 1346 S MAIN STREET BURLINGTON NC 27215 560611575 501(C)(3) 6750 0 PROGRAM ASSISTANCE ALAMANCE COUNTY PUBLIC LIBRARIES 342 S SPRING STREET BURLINGTON NC 27215 GOVERNMENT 5022 0 PROGRAM ASSISTANCE SUSTAINABLE ALAMANCE 715 N CHURCH STREET BURLINGTON NC 27215 263294877 501(C)(3) 5600 0 PROGRAM ASSISTANCE 30 SCHOLARSHIPS 32 119250 PART I, LINE 2: THE FOUNDATION ISSUES A GRANT AGREEMENT THAT STATES THE STIPULATIONS FOR USE OF FUNDS, WHEN THE REPORT ON USE OF FUNDS IS DUE, AND HOW TO REQUEST ANY REVISIONS IN THE TERMS OF THE GRANT SHOULD THE NEED ARISE. A RECIPIENT COMPLETES AND SIGNS THE GRANT AGREEMENT AND THE DOCUMENT IS RETURNED TO THE FOUNDATION BEFORE FUNDS ARE DISBURSED. WHEN THE CHECK IS SENT, A GRANT REPORT FORM, WHICH REQUESTS INFORMATION ON DETAILED EXPENDITURES, PROGRAMMATIC BENEFITS, AND COMMUNITY IMPACT, IS INCLUDED. REPORT FORMS ARE SENT TO THE FOUNDATION BY THE DUE DATE AND ARE REVIEWED BY STAFF TO ASSESS COMPLIANCE WITH THE TERMS OF GRANTS. AS APPROPRIATE, STAFF CLOSES THE GRANT OR REQUESTS REIMBURSEMENT OF FUNDS (IN THE CASE OF INELIGIBLE USES) AND PROVIDES SUMMARY INFORMATION TO THE GRANTS COMMITTEE. FOR DONOR-ADVISED GRANTS, THE FOUNDATION ISSUES A LETTER TO THE GRANT RECEIPENT ORGANIZATION THAT CONTAINS STIPULATIONS FOR USE OF THE FUNDS. THIS LETTER ACCOMPANIES THE CHECK. X 9 1168450 FMV X 5 556906 PROFESSIONAL APPRAISALS 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S AUDIT COMMITTEE WILL REVIEW A DRAFT OF FORM 990 AND WILL REPORT ANY CONCERNS TO THE ORGANIZATION'S BOARD OF DIRECTORS. THE ENTIRE BOARD REVIEWS A REDACTED VERSION OF THE FORM 990 (NOT INCLUDING SCHEDULE B TO PROVIDE DONOR PRIVACY). FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, FOUNDATION STAFF AND BOARD MEMBERS ACKNOWLEDGE, IN WRITING, THEIR ADHERANCE TO THE CONFLICT OF INTEREST POLICY. EACH INDIVIDUAL LISTS SIGNIFICANT CIVIC, FINANCIAL AND BUSINESS RELATIONSHIPS FOR THEMSELVES AND THEIR SPOUSES. THIS LIST IS SUMMARIZED AND USED BY COMMITTEES TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST AS DISCUSSIONS WARRANT. ANY DUALITY OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY MEMBER OF THE BOARD OF DIRECTORS OR THE STAFF SHALL BE DISCLOSED TO THE OTHER MEMBERS OF THE BOARD AND MADE A MATTER OF RECORD AS SOON AS THE ISSUES IN QUESTION ARE RAISED AND A POSSIBLE CONFLICT IS KNOWN. THAT PERSON SHALL NOT VOTE ON SUCH MATTER AND SHALL NOT ATTEMPT TO EXERT PERSONAL INFLUENCE IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR REVIEWING SALARIES IS DONE ANNUALLY BY THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR'S COMPENSATION IS BASED ON THE DATA PROVIDED BY THE COUNCIL ON FOUNDATIONS. THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE IS DISCUSSED SEPARATELY IN AN EXECUTIVE SESSION OF THE BOARD ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE FILED IN THE COMMUNITY FOUNDATION'S OFFICES AND ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G FOUNDATION ADMINISTRATIVE FEES : PROGRAM SERVICE EXPENSES 175,244. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 175,244. PAYROLL PROCESSING FEES : PROGRAM SERVICE EXPENSES 266. MANAGEMENT AND GENERAL EXPENSES 415. FUNDRAISING EXPENSES 265. TOTAL EXPENSES 946. OTHER PROFESSIONAL FEES : PROGRAM SERVICE EXPENSES 223. MANAGEMENT AND GENERAL EXPENSES 1,274. FUNDRAISING EXPENSES 221. TOTAL EXPENSES 1,718.