2024-05-14T10:57:47-05:00 2023-12-31 383635706 REHMANN ROBSON LLC PO BOX 2025 SAGINAW MI 486052025 990 2023-01-01 382418086 BAY AREA COMMUNITY FOUNDATION BAYA 9898934438 1000 ADAMS ST SUITE 200 BAY CITY MI 48708 DIANE M MAHONEY PRESIDENT & CEO 9898934438 2024-05-08 1 DIANE MAHONEY 999009999 0 TRAVIS C BIGLER CPA P01812246 9897999580 2024-05-08 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DIANE M MAHONEY 1000 ADAMS ST STE 200 BAY CITY MI 48708 4544623 0 X WWW.BAYFOUNDATION.ORG X 1982 MI TO FULFILL A WIDE ARRAY OF DONORS'CHARITABLE WISHES THROUGHOUT BAY AND ARENAC COUNTIES. 21 21 9 290 0 0 4245937 2189734 0 0 1258338 1565519 141388 131027 5645663 3886280 2551796 2162219 0 0 534848 566434 0 0 103951 676937 625301 3763581 3353954 1882082 532326 49136215 56722054 2516822 2683307 46619393 54038747 THE MISSION OF BACF IS TO FULFILL A WIDE ARRAY OF DONORS' CHARITABLE WISHES THROUGHOUT BAY AND ARENAC COUNTIES (MICHIGAN) BY BUILDING PERMANENT ENDOWMENT FUNDS AND SERVING AS A LEADER FOR COMMUNITY IMPROVEMENT THROUGH EFFECTIVE GRANTMAKING AND COLLABORATION. 0 0 1981407 1631715 THE FOUNDATION PROVIDES GRANTS TO 501( C) (3) NONPROFIT ORGANIZATIONS, MUNICIPALITIES, AND EDUCATIONAL INSTITUTIONS. IN 2023, 284 GRANTS WERE AWARDED IN THE AREAS OF ARTS & CULTURE, COMMUNITY DEVELOPMENT, EDUCATION, ENVIRONMENT, HEALTH & HUMAN SERVICES, RECREATION AND YOUTH ACTIVITIES 690106 530504 DURING THE YEAR THE FOUNDATION AWARDED 452 SCHOLARSHIPS TO 312 RECIPIENTS TO FURTHER THEIR EDUCATION AND TRAINING 2671513 1 1 0 0 0 1 1 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 15 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 MI X X SUZANN E JENSEN CPA 9898934438 1000 ADAMS STREET STE 200 BAY CITY MI 48708 KAREN TIGHE CHAIR 1.00 X X 0 0 0 RICK LEARMAN VICE CHAIR 1.00 X X 0 0 0 LAURA EBEL TREASURER 1.00 X X 0 0 0 DANIELLE KRUPP SECRETARY 1.00 X X 0 0 0 BRANDON HOFMEISTER TRUSTEE 1.00 X 0 0 0 ANDY DWAN TRUSTEE 1.00 X 0 0 0 BARB ENGELHARDT-CARTER TRUSTEE 1.00 X 0 0 0 DAVID KLIPPERT TRUSTEE 1.00 X 0 0 0 DIANE M MORLEY TRUSTEE 1.00 X 0 0 0 GUY MOULTHROP TRUSTEE 1.00 X 0 0 0 JENNIFER WILLIAMS TRUSTEE 1.00 X 0 0 0 TIFFANY TORAIN TRUSTEE 1.00 X 0 0 0 LINDSAY STEVENS EGGERS TRUSTEE 1.00 X 0 0 0 MATT SCHMIDT TRUSTEE 1.00 X 0 0 0 MAX HOLMAN TRUSTEE 1.00 X 0 0 0 MICHAEL GAVIN TRUSTEE 1.00 X 0 0 0 TRISH BURNS TRUSTEE 1.00 X 0 0 0 RENEE GOUGEON GURSKI TRUSTEE 1.00 X 0 0 0 DAROLD NEWTON TRUSTEE 1.00 X 0 0 0 MICHAEL WEGENER TRUSTEE 1.00 X 0 0 0 MATT TRAVIS TRUSTEE 1.00 X 0 0 0 DIANE MAHONEY PRESIDENT & CEO 48.00 X 116211 0 13471 116211 0 13471 1 0 0 0 0 17067 26235 431430 1715002 39248 2189734 1417630 1417630 41873 19022 22851 22851 22851 765621 617732 147889 147889 147889 41140 17067 21589 19551 19551 OTHER REVENUE 900099 88625 88625 88625 3886280 88625 0 1607921 1631715 1631715 530504 530504 129682 57670 55802 16210 346212 153960 148975 43277 13593 6045 5849 1699 41890 18627 18027 5236 35057 15590 15085 4382 27904 12409 12007 3488 64932 64932 27706 11558 12899 3249 79245 35240 34099 9906 110397 2097 107710 590 3647 1622 1569 456 14718 6545 6333 1840 55916 717 54997 202 17150 4743 11074 1333 COMMUNITY PROJECTS 159602 159602 ASSET DEVELOPMENT 44858 20190 13338 11330 CONSERVATORY EXPENSES 13203 13203 OTHER EXPENSES 3455 1537 1486 432 2568 1142 1105 321 3353954 2671513 578490 103951 350116 202228 3322319 4832401 28194 27088 1538472 334471 1255979 1204001 43863223 50135524 279900 279900 36484 40912 49136215 56722054 67964 40495 290877 144348 34550 16050 2123431 2482414 2516822 2683307 X 43098175 50091759 3521218 3946988 46619393 54038747 49136215 56722054 X 532326 7246010 -358982 X X 0 1 X 1 0 X 1180462 1539264 2043825 4245937 2189734 11199222 1180462 1539264 2043825 4245937 2189734 11199222 1612030 9587192 1491169 1709043 3047467 1540391 1459503 9247573 79788 39014 68483 140208 129765 457258 20904053 0.45860 0.50990 X PART II, LINE 10 OTHER INCOME INCLUDES ADMINISTRATIVE FEE INCOME AND EVENT INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25 48 187061 127054 176276 179137 2870785 4248611 1 1 X 1 17.25 0 0 1 1 10.00 0 43686793 2032718 8279324 2296355 635003 51067477 52138404 3573107 -9347059 1887815 789844 43686793 45759801 1794561 6752875 1425893 742940 52138404 40082506 1124284 6628885 1318086 757788 45759801 34477072 830032 7138476 1611141 751933 40082506 0.92900 0.03780 0.03320 0 0 296992 296992 433612 100465 333147 739250 182546 556704 68618 51460 17158 1204001 AGENCY FUNDS HELD FOR OTHERS 2482414 2482414 X 10660417 7246010 40641 7286651 3373766 512514 512514 3886280 3267268 40611 40611 3226657 127297 127297 3353954 PART II, LINE 9: DURING 2003, THE FOUNDATION WAS NOTIFIED IT WAS THE BENEFICIARY OF THE ROBERT CARRIER ESTATE, WHICH INCLUDED PROPERTY LOCATED AT 10 CARRIER LANE. THEREFORE, THE FOUNDATION RECORDED $190,900 BASED ON INITIAL ESTIMATES OF THE PROPERTY VALUE. DURING 2005, THE PROPERTY WAS LEGALLY TRANSFERRED TO THE FOUNDATION, AND WAS VALUED AT $279,900 AT THE TIME OF TRANSFER. THIS PROPERTY MAY NOT BE SOLD OR DEVELOPED BY THE FOUNDATION BUT RATHER MAINTAINED IN ITS NATURAL STATE AND FOREVER PRESERVED AS A NATURE CONSERVANCY. PART V, LINE 4: THE ENDOWMENT FUND INCOME IS USED IN THE MANNER DIRECTED BY THE DONORS WHEN THE FUND WAS ESTABLISHED. FUNDS ARE ESTABLISHED TO SUPPORT SCHOLARSHIPS, PROVIDE INCOME TO A DESIGNATED AGENCY, SUPPORT A FIELD OF INTEREST, OR FOR UNRESTRICTED REASONS. PART X, LINE 2: THE FOUNDATION HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR YEARS 2020 THROUGH 2023, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF DECEMBER 31, 2023. THE FOUNDATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE FOUNDATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2023 OR 2022, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: AUCTION EXPENSES 21,589. RENTAL EXPENSE 19,022. GLCF INVESTMENT INCOME 30. PART XI, LINE 4B - OTHER ADJUSTMENTS: FAS 136 ADJUSTMENT 486,279. TRANSFER FROM GLCF 26,235. PART XII, LINE 2D - OTHER ADJUSTMENTS: AUCTION EXPENSES 21,589. RENTAL EXPENSE 19,022. PART XII, LINE 4B - OTHER ADJUSTMENTS: FAS 136 ADJUSTMENT 127,297. FUNDRAISING 58207 17067 41140 13307 4480 2604 1198 58207 17067 41140 13307 4480 2604 1198 21589 19551 1 ABC DAYCARE 315 MAIN ST ESSEXVILLE MI 48732 874634917 6416 0 ARPA EARLY CHILDHOOD CARE GRANT ALICIA CLYMER'S DAYCARE 3958 RANCH DR BAY CITY MI 48706 824190034 15000 0 ARPA EARLY CHILDHOOD CARE GRANT ARENAC COUNTY HISTORICAL SOCIETY PO BOX 272 AU GRES MI 487030272 382111006 501(C)(3) 35000 0 MUSEUM ELECTRICAL UPDATE, NEW FOLDING CHAIRS, DESIGNATED FUND DISBURSEMENT AU GRES-SIMS SCHOOL DISTRICT 310 S COURT ST AU GRES MI 487039332 386000413 GOVERNMENT 5220 0 LIBRARY RESOURCES BAY AREA CATHOLIC SCHOOLS 217 S MONROE ST BAY CITY MI 487087208 383300958 501(C)(3) 25000 0 ARPA EARLY CHILDHOOD CARE GRANT BAY ARTS AND CULTURE COMMISSION 913 WASHINGTON AVE BAY CITY MI 487085703 882398834 501(C)(3) 7500 0 BAY ARTS & CULTURE POSTCARD AND MAILING BAY CITY IN BLOOM 1111 N WATER ST UNIT 101 BAY CITY MI 48708 371474210 501(C)(3) 12624 0 ENHANCEMENT OF THE KANTZLER MEMORIAL ARBORETUM BAY CITY ROWING CLUB PO BOX 615 BAY CITY MI 487070615 300009320 501(C)(3) 10434 0 2023 GIVE LOCAL BAY DISBURSEMENT BAY COUNTY CHILD & SENIOR CITIZEN CENTER 1001 MARSAC ST BAY CITY MI 487087863 382324957 501(C)(3) 18364 0 ARPA EARLY CHILDHOOD CARE GRANT, THE DEMENTIA TRAINING PROJECT, HOLIDAY PARTY FOR CLIENTS, NEW CHAIR BAY COUNTY FAIR AND YOUTH EXPOSITION PO BOX 633 BAY CITY MI 487070633 382470700 501(C)(3) 6000 0 SEATING OUR EVENTS - BLEACHER REPLACEMENT/ADDITIONS BAY COUNTY HABITAT FOR HUMANITY 3460 S HURON RD BAY CITY MI 487061554 383055548 501(C)(3) 9088 0 CONSUMER'S ENERGY FURNACE UPGRADE PROGRAM, DESIGNATED FUND DISTRIBUTION BAY VETERANS FOUNDATION PO BOX 1513 BAY CITY MI 48706 474708019 501(C)(3) 15000 0 WELDING EQUIPMENT AND TOOLS BAYSAIL PO BOX 313 BAY CITY MI 48707 383378118 501(C)(3) 7292 0 ELECTRONIC NAVIGATION UPGRADE NEEDS FOR APPLEDORE IV, ARPA GRANT FOR NONPROFITS, DESIGNATED FUND DISTRIBUTION CASEY'S KIDS EARLY LEARNING CENTER 5216 FRASER RD BAY CITY MI 48706 882152631 12000 0 ARPA EARLY CHILDHOOD CARE GRANT CENTRAL MICHIGAN DISTRICT HEALTH DEPARTMENT 2012 E PRESTON ST MT PLEASANT MI 48858 381865466 GOVERNMENT 9500 0 ARENAC PRESERVATION OF ON-SITE SEWAGE AND WELL RECORDS, REFRESH PROGRAM SUPPLIES FRIENDS OF BAY CITY STATE PARK 3582 STATE PARK DR BAY CITY MI 487061157 383252548 501(C)(3) 10000 0 PHASE II OF THE ANDERSEN TRAIL IMPROVEMENTS, INVASIVE SPECIES AND MIGRATORY BIRD DISPLAY, DESIGNATED FUND DISTRIBUTIONS FRIENDS OF IMAGINATION LIBRARY BAY AND ARENAC COUNTIES 1435 W CENTER RD ESSEXVILLE MI 48732 844785130 501(C)(3) 17000 0 BAY COUNTY FAMILY LITERACY CAMPAIGN, ARENAC FAMILY LITERACY CAMPAIGN FRIENDS OF THE ARENAC HERITAGE ROUTE AUTHORITY PO BOX 456 STANDISH MI 48658 814895747 501(C)(3) 8178 0 AIR CONDITIONER ENERGY SAVER GOD'S LITTLE BLESSINGS DAYCARE 1268 E WHITEFEATHER RD PINCONNING MI 486508479 300383711 18750 0 ARPA EARLY CHILDHOOD CARE GRANT GREAT LAKES DREAM CENTER 1201 GARFIELD AVE BAY CITY MI 48708 824030259 501(C)(3) 8500 0 GRANT FOR TABLES, CHAIRS & SERVING DISHES, WARM FOOD, BETTER MOOD PROGRAM HAMPTON CHARTER TOWNSHIP 801 W CENTER RD ESSEXVILLE MI 487329792 381705541 GOVERNMENT 40000 0 FINN ROAD PARK KAYAK/CANOE LAUNCH HIDDEN HARVEST PO BOX 1982 SAGINAW MI 486051982 383350163 501(C)(3) 50000 0 HUNGER SOLUTION CENTER EXPANSION PROJECT HUMANE SOCIETY OF BAY COUNTY 1607 MARQUETTE AVE BAY CITY MI 48706 382556864 501(C)(3) 5793 0 DESIGNATED FUND DISTRIBUTION HURON PINES RESOURCE CONSERVATION AND DEVELOPMENT 4241 OLD US 27 SOUTH STE 2 GAYLORD MI 49735 382502172 501(C)(3) 10000 0 LAKE HURON FOREVER CONTRACT FOR SERVICES REQUEST, LAKE HURON FOREVER COMMUNITY PROJECTS IMMANUEL LUTHERAN PRESCHOOL AND LEARNING CENTER 247 N LINCOLN BAY CITY MI 48708 381490197 15588 0 ARPA EARLY CHILDHOOD CARE GRANT JENNIFER GLOCKSINE CHILD CARE 1709 SE BOUTELL RD ESSEXVILLE MI 48732 364805160 6000 0 ARPA EARLY CHILDHOOD CARE GRANT KID'S UNIVERSITY CHILD CARE CENTER 4600 GARFIELD RD STE 600 AUBURN MI 48611 800235422 25000 0 ARPA EARLY CHILDHOOD CARE GRANT KIND & LOVING DAYCARE 1221 E HOTCHKISS RD BAY CITY MI 48706 870810940 13500 0 ARPA EARLY CHILDHOOD CARE GRANT LINWOOD YOUTH ORGANIZATION 1763 BIRCH DR PINCONNING MI 486509755 612033687 501(C)(3) 14800 0 BATTING CAGES LITTLE PEOPLES DAYCARE PART 3 LLC 3 SAWMILL BLVD SAGINAW MI 48603 872980751 15000 0 ARPA EARLY CHILDHOOD CARE GRANT MESSIAH LUTHERAN CHURCH 501 S CATHERINE ST BAY CITY MI 48708 363514248 501(C)(3) 6000 0 FOOD OF FAITH - WEST RANGE REPLACEMENT MIDLAND AREA COMMUNITY FOUNDATION 76 ASHMAN CIR MIDLAND MI 486404626 382023395 501(C)(3) 55464 0 COMMUNITY ACTION NETWORK FUND BALANCE, CATCHAFIRE SUBSCRIPTION MONTESSORI CHILDREN'S HOUSE OF BAY CITY 668 N PINE ROAD BAY CITY MI 48708 465619429 15000 0 ARPA EARLY CHILDHOOD CARE GRANT PARTNERSHIFT NETWORK 1 TUSCOLA ST SAGINAW MI 48607 383337644 25000 0 PROJECT TRANSPORTATION PLAY DATES LEARNING AND EXPLORING DAY CARE 384 WHEELER RD AUBURN MI 48611 921085644 9730 0 ARPA EARLY CHILDHOOD CARE GRANT READY SET GROW CHILD DEV CENTER OF AUBURN INC 104 MOLL ST AUBURN MI 48611 871555926 18750 0 ARPA EARLY CHILDHOOD CARE GRANT RIVER'S EDGE LEARNING TREE CHILD DEVELOPMENT CENTERPLAY LEARN & GROW INC 311 GERMANIA BAY CITY MI 48706 471548274 18750 0 RIVER'S EDGE LEARNING TREE CHILD DEVELOPMENT - ARPA CC GRANT SAGINAW COMMUNITY FOUNDATION 1 TUSCOLA ST STE 100 SAGINAW MI 486072205 382474297 501(C)(3) 10000 0 HEMLOCK SEMICONDUCTOR CARES GRANT: CAN COUNCIL SOCIETY FOR RESTORATION & PRESERVATION OF MASONIC TEMPLE BC 700 N MADISON AVE BAY CITY MI 48708 453811183 501(C)(3) 20000 0 MASONIC TEMPLE - BAY COUNTY ARPA GRANT ROUND 2 STUDIO 23THE ARTS CENTER 901 N WATER ST BAY CITY MI 487085621 381704855 501(C)(3) 15000 0 DESIGNATED FUND DISTRIBUTION, ARPA NONPROFIT GRANT THE BREAKING BREAD VILLAGE 1400 LEE ST MIDLAND MI 48642 853173028 501(C)(3) 34200 0 BAY COUNTY BREAKING BREAD SERIES TONI AND TRISH HOUSE FOR THE CARE OF THE TERMINALLY ILL 4699 11 MILE RD AUBURN MI 48611 205698294 501(C)(3) 20000 0 ARPA NONPROFIT GRANT, SUPPLIES FOR HOUSE NEEDS TRINITY LUTHERAN CHURCH AND SCHOOL (MONITOR) 20 E SALZBURG RD BAY CITY MI 487069712 386175736 501(C)(3) 10000 0 HSC CARES GRANT FOR SCHOOL ENTRANCE SECURITY UPGRADE 29 14 SCHOLARSHIPS 452 530504 FORM 990, SCHEDULE I EVALUATION OF GRANTS: THE FOUNDATION REQUIRES ALL GRANTEES TO SUBMIT AN EVALUATION AT ONE YEAR REGARDING THE RESULTS OF EACH PROJECT OR PROGRAM DETAILING FINANCIAL INFORMATION, IMPACT OF PROJECT, LESSONS LEARNED AND RECOMMENDATIONS FOR THE FUTURE. THE FOUNDATION USES THIS GRANT EVALUATION AS A JOINT MANAGEMENT TOOL TO OBTAIN FEEDBACK TO IMPROVE PROGRAMS AND STIMULATE PROPER PLANNING. WE REALIZE THAT SOME GRANTS MAY NOT ACHIEVE ALL OF THEIR INITIAL OBJECTIVES AND ENCOURAGE GRANTEES TO BE CANDID ABOUT THEIR EXPERIENCES. FOUNDATION STAFF AND/OR COMMITTEE MEMBERS MAY ALSO VISIT THE SITE OF THE PROGRAM OR PROJECT AS PART OF THE EVALUATION. SCHOLARSHIPS: ALL SCHOLARSHIP CHECKS ARE WRITTEN DIRECTLY TO THE EDUCATIONAL INSTITUTION TO ENSURE THE FUNDS ARE USED FOR EDUCATIONAL PURPOSES. A LETTER IS SENT TO THE EDUCATIONAL INSTITUTION STATING THE FUNDS CAN ONLY BE USED FOR TUITION, FEES & BOOKS, AND THAT ALL UNUSED FUNDS MUST BE RETURNED TO THE FOUNDATION. X 20762 FMV X 2 22311 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B AN IMPORTANT RESPONSIBILITY OF THE BOARD OF TRUSTEES IS TO REVIEW AND APPROVE THE FILING OF FORM 990 WITH THE IRS. THE POLICY AND PROCEDURES OUTLINED HERE ALLOW FOR MANAGEMENT OVERSIGHT WHILE PROTECTING DONOR CONFIDENTIALITY AS OUTLINED IN BACF'S GIFT AND FUND ACCEPTANCE POLICY (ADOPTED AUGUST 9, 2022). PROCEDURE: STEWARDSHIP COMMITTEE: REVIEWS FORM 990 IN ITS ENTIRETY (FORM AND ALL SCHEDULES) AND MAKES A RECOMMENDATION TO THE BOARD OF TRUSTEES TO APPROVE THE FILING OF THE RETURN WITH THE IRS. GOVERNANCE COMMITTEE: REVIEWS PART VI: GOVERNANCE, MANAGEMENT, AND DISCLOSURE OF FORM 990 AND MAKES A RECOMMENDATION TO THE BOARD OF TRUSTEES TO APPROVE THE FILING OF THE RETURN WITH THE IRS. THIS RECOMMENDATION FOR FILING IS RESTRICTED TO PART VI. THE FULL FORM 990, EXCEPT FOR SUPPORTING SCHEDULES, IS PROVIDED TO THE GOVERNANCE COMMITTEE. BOARD OF TRUSTEES: THE ENTIRETY OF FORM 990, WITH INDIVIDUAL CONTRIBUTION AMOUNTS ON SCHEDULE B REDACTED, IS PROVIDED TO THE BOARD OF TRUSTEES WITH A REQUEST FOR APPROVAL TO FILE WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION CONSISTENTLY MONITORS THE CONFLICT OF INTEREST POLICY TO SEE THAT IT IS ADHERED TO. THE BOARD MEMBERS ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY AND ARE ASKED TO SIGN A DOCUMENT STATING THEY RECEIVED AND HAVE READ THE POLICY ON AN ANNUAL BASIS. THEY ARE ALSO REQUIRED TO LIST CONFLICTS OR DUALITY OF INTEREST. THESE FORMS ARE REVIEWED AND BOARD MEMBERS ARE ASKED TO DECLARE THEIR CONFLICT/DUALITY WHEN VOTES ARE TAKEN. THE FORMS ARE REVIEWED BY STAFF AND KEPT ON FILE FOR SEVEN YEARS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE ACTS AS THE GOVERNING BODY RESPONSIBLE FOR DETERMINING THE PRESIDENT/CEO'S ANNUAL COMPENSATION. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE OFFICERS OF THE ORGANIZATION. THE CHAIR OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR COORDINATING THE ACTIONS OF THE EXECUTIVE COMMITTEE. THE CHAIR OF THE BOARD OF TRUSTEES GATHERS COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THIS INFORMATION IS PROVIDED BY STATE AND NATIONAL AFFILIATED ORGANIZATIONS. THE CHAIR OF THE BOARD OF TRUSTEES SOLICITS AN ANNUAL ASSESSMENT FORM ON THE PRESIDENT/CEO FROM ALL BOARD TRUSTEES. THE EXECUTIVE COMMITTEE REVIEWS THE RESULTS OF THE ANNUAL ASSESSMENT AND PRESENTS THEIR RECOMMENDATION FOR APPROVAL TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND FORM 990 ARE POSTED ON BACF WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT BACF'S OFFICES. FORM 990, PART VI, SECTION B, LINE 10B: THE POLICIES OF BAY AREA COMMUNITY FOUNDATION, INCLUDING THE CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION AND DESTRUCTION POLICIES, DO APPLY TO ITS DISREGARDED ENTITY. FORM 990, PART XI, LINE 9: AGENCY FUNDS HELD FOR OTHERS -358,982. FORM 990, PART XII, LINE 2C THE PROCESS FOR SELECTING AND OVERSEEING THE WORK OF THE INDEPENDENT AUDITOR HAS NOT CHANGED FROM PRIOR YEARS. PERE MARQUETTE DEPOT LLC 1000 ADAMS ST STE 200 BAY CITY MI 48708 RENTAL PROPERTY MI -55333 1215451 BAY AREA COMMUNITY FOUNDATION GREAT LAKES CENTER FOUNDATION 1000 ADAMS ST SUITE 200 BAY CITY MI 48708 383106351 ACQUISITION & DEVELOPMENT OF REAL ESTATE MI 501(C)(3) 11A-TYPE 1 BAY AREA COMMUNITY FOUNDATION 0 THE LESLIE L SQUIRES FOUNDATION 300 RIVER PLACE DETROIT MI 48207 382757029 PROVIDE ASSISTANCE TO BAY AREA INDIVIDUALS & FAMILIES MI 501(C)(3) 11A-TYPE 1 BAY AREA COMMUNITY FOUNDATION 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 LESLIE L SQUIRES FOUNDATION Q 1000 CASH GREAT LAKES CENTER FOUNDATION C 26235 CASH