2024-11-14T07:55:13-06:00 2023-12-31 560570567 DMJPS PLLC 79 WOODFIN PLACE SUITE 300 ASHEVILLE NC 28801 990 2023-01-01 562110357 WNC BRIDGE FOUNDATION WNCB 8282774815 294 OVERLOOK RD ASHEVILLE NC 28803 SCOTT BUCHANAN CEO & PRESIDENT 8282774815 2024-11-12 1 0 DORINDA Y BENNETT P01387673 8282542374 2024-11-12 2023 2024-10-15 13:58:12Z SCOTT BUCHANAN 294 OVERLOOK ROAD ASHEVILLE NC 28803 38522445 0 X WNCBRIDGE.ORG X 1998 NC TO PROVIDE FUNDS TO ASSIST IN MEETING THE HEALTH CHALLENGES OF PEOPLE IN THE COMMUNITIES OF WESTERN NORTH CAROLINA AND TO EMPOWER NONPROFITS TO IMPACT INDIVIDUAL AND COMMUNITY WELLNESS IN THOSE COMMUNITIES. 20 19 47 80 -91812 0 1223861 1135970 0 0 3551057 2390504 1038518 936691 5813436 4463165 3798864 3295285 0 0 2250431 2158288 0 0 751424 2674594 2599924 8723889 8053497 -2910453 -3590332 118883660 127467872 11581469 11208678 107302191 116259194 X WNC BRIDGE FOUNDATION EXISTS TO CONNECT OUR COMMUNITIES TO A HEALTHIER FUTURE AND TO CREATE LASTING CHANGE THROUGH LOCAL PARTNERSHIPS. OUR EFFORTS ARE FOCUSED ON EXPANDING ACCESS AND EQUITY FOR VULNERABLE POPULATIONS IN OUR COMMUNITIES.WE ARE A COMMUNITY-BASED CHARITABLE ORGANIZATION THAT WORKS TO PROVIDE FUNDS TO SUPPORT AND ASSIST IN MEETING THE MANY HEALTH CHALLENGES THAT FACE THE PEOPLE OF WNC. WE PROVIDE DIRECT SUPPORT AND ALSO EMPOWER CAREFULLY SELECTED NON-PROFITS TO IMPACT INDIVIDUAL AND COMMUNITY WELLNESS IN OUR COMMUNITIES THROUGHOUT THE WNC REGION. 0 0 1667212 1055549 125514 WNC BRIDGE FOUNDATION INVESTED $3,295,285 IN GRANTS AND COMMUNITY INITIATIVES IN THE EIGHTEEN COUNTIES OF WESTERN NORTH CAROLINA.-$97,906 IN SAFE HOUSING AND FOOD INSECURITY (AIM GRANTS)-$445,643 IN ADDITIONAL WNC BRIDGE COMMUNITY INITIATIVES (RATHBUN HOUSE, YOU'RE SPECIAL FUND, CHILDREN'S SERVICES FUND, HEALTH SCHOLARSHIPS AND WNC GREATEST NEEDS)-$512,000 IN REGIONAL INVESTMENTS (MOUNTAINCARE & SHILOH COMMUNITY) 2239736 2239736 IMPACT GRANTS OF $2,239,736 WERE AWARDED TO LOCAL NON-PROFITS IN WNC. 931679 THE ORGANIZATION OPERATES A THRIFT STORE AND OFFERS ESTATE SALES. INCOME FROM THE THRIFT STORE AND COMMISSIONS FROM ESTATE SALES ARE INCLUDED IN REVENUE FROM THE SALE OF INVENTORY. THE COST OF GOODS SOLD FOR THE THRIFT STORE, $328,950, IS NETTED WITH REVENUE, $1,260,629.THE DONATIONS TO THE THRIFT STORE ARE NOT INCLUDED IN NON-CASH CONTRIBUTIONS. 3906948 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 42 0 47 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X JESSICA BENTLEY 8282776153 294 OVERLOOK RD ASHEVILLE NC 28803 SCOTT W BUCHANAN CEO & PRESIDENT 40.00 X X 221000 0 37363 DAVID W HART CHAIR 2.00 X X 0 0 0 MATT GROOME CPA CFP QPFC CHAIR-ELECT 2.00 X X 0 0 0 GAY P VINSON PAST-CHAIR 2.00 X X 0 0 0 H DENNISTON CREWS MD SECRETARY 2.00 X X 0 0 0 KERRY FRIEDMAN JD TREASURER 2.00 X X 0 0 0 KEVIN BAXTER DIRECTOR 1.00 X 0 0 0 ELIZABETH COZART DIRECTOR 1.00 X 0 0 0 EUGENE EDWARDS JR DIRECTOR 1.00 X 0 0 0 JUDY FUTCH DIRECTOR 1.00 X 0 0 0 DONNA HASTIE DIRECTOR 1.00 X 0 0 0 DAVID L HAYES DIRECTOR 1.00 X 0 0 0 JEAN LEE JD DIRECTOR 1.00 X 0 0 0 WILLIAM N LEWIN CPA CGMA DIRECTOR 1.00 X 0 0 0 RENDI MANN-STADT JD DIRECTOR 1.00 X 0 0 0 SARAJANE MELTON MHS DIRECTOR 1.00 X 0 0 0 CATHERINE METZGER DIRECTOR 1.00 X 0 0 0 LOWELL PEARLMAN DIRECTOR 1.00 X 0 0 0 LARY A SCHULHOF MD DIRECTOR 1.00 X 0 0 0 KATE VOGEL DIRECTOR 1.00 X 0 0 0 JESSICA BENTLEY VICE PRESIDENT, FINANCE 40.00 X 102715 0 20639 323715 0 58002 2 0 1 0 BESSEMER TRUST 630 FIFTH AVE NEW YORK NY 10111 INVESTMENT MANAGEMENT 678978 JCS INVESTMENTS LLC 1578 HENDERSONVILLE RD ASHEVILLE NC 28803 RENTAL OF PROPERTY 178797 2 1135970 736 1135970 1610857 1610857 341 341 120323 27223 93100 93100 120323 -27223 34482754 33663032 40075 819722 -40075 779647 29031 750616 1260629 328950 931679 931679 RELATED PARTY REIMBURSEMENT FOR S 561000 5191 5191 ORD LOSS FROM K-1 FIFTH AVE PRIVA 523000 -4600 -4600 ORD LOSS FROM K-1 FIFTH AVE REAL 523000 -43174 -43174 -45846 -45846 -88429 4463165 1057193 -91812 2361814 2879998 2879998 415287 415287 258363 64591 129181 64591 1488712 306702 780012 401998 62643 12906 32822 16915 222948 45931 116814 60203 125622 25880 65820 33922 9100 9100 53673 53673 276578 267566 9012 153704 17373 123684 12647 38001 38001 159011 51303 71324 36384 205349 31250 165342 8757 249397 46048 120364 82985 26639 3475 8675 14489 630635 630635 656794 656794 113308 113308 FOOD & PROGRAM SUPPLIES 27735 6204 12010 9521 8053497 3906948 3395125 751424 581449 551696 673088 276654 7906 11390 173012 127359 12613872 2522522 10655290 10091350 86261754 95548250 19263497 19737661 670536 517281 597128 606231 118883660 127467872 634093 705483 10128152 9844267 819224 658928 11581469 11208678 X 104678940 113291368 2623251 2967826 107302191 116259194 118883660 127467872 X -3590332 12933569 -356997 -149136 119899 X 0 1 X 1 0 X 617391 5697890 5567259 1223861 1135970 14242371 617391 5697890 5567259 1223861 1135970 14242371 936500 13305871 347737 770913 1596192 1504504 1731521 5950867 -2093 -43658 -146557 -192308 77908 113623 73240 1513 5191 271475 20272405 6433449 0.65640 0.74930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 614033 64754 26980 9012 642795 731427 -80563 27560 9271 614033 692992 86246 37290 10521 731427 650712 51407 9127 692992 622151 -28561 650712 1.00000 1 0 930663 930663 8816003 923508 7892495 176503 91817 84686 307206 259445 47761 2383497 1247752 1135745 10091350 HEDGE FUND 5TH AVE PRIVATE EQUITY 16 2341435 F HEDGE FUND 5TH AVE REAL ASSETS 5 LLC 1913251 F HEDGE FUND 5TH AVE MULTI-STRATEGY OFFSHORE S1 15168127 F HEDGE FUND 5TH AVE PRIVATE EQUITY 17 314848 F 19737661 DEFERRED COMP & OTHER NC LIABILITIES 35826 DUE TO RELATED ORGANIZATION 96000 LEASE LIABILITY 527102 658928 X 17218949 12933569 -251828 12681741 4537208 320379 -394422 -74043 4463165 8056986 292313 292313 7764673 276577 12247 288824 8053497 PART V, LINE 4: THE INTENDED USE OF THESE FUNDS IS FOR END OF LIFE CARE. PART X, LINE 2: THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED CHARITABLE FOUNDATION UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3). AS A PUBLICLY SUPPORTED CHARITY, THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND FEDERAL EXCISE TAXES UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. IT IS THE FOUNDATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY THAN NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN, AND WHAT, IF ANY, EFFECT THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR TAX YEAR 2023. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING TAX YEAR 2020; HOWEVER, NO EXAMINATIONS ARE IN PROCESS OR ANTICIPATED. ANY CHANGES IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES - CFWNC -9,012. MANAGEMENT FEES - BESSEMER -267,566. PARTNERSHIP DISTRIBUTION - BESSEMER 56,282. INTEREST RATE SWAP REVENUE - OTHER CHANGES IN NA -35,137. MISCELLANEOUS OTHER INCOME (LOSS) 3,605. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST FROM PASSTHROUGH 18,230. ORDINARY INCOME FROM PASSTHROUGH -93,620. RENTAL LOSS FROM PASSTHROUGH -27,223. CAPITAL GAINS FROM PASSTHROUGH 29,031. COGS - NETTED WITH REVENUE -328,950. DIVIDENDS FROM PASSTHROUGH 267. ADJUSTMENT TO ACTUAL REALIZED GAINS 7,502. ROYALTIES FROM PASSTHROUGH 341. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS - INCLUDED IN INCOME 328,950. INTEREST RATE SWAP REVENUE - OTHER CHANGES IN NA -35,137. FUNDRAISING EVENT DIRECT EXPENSE - INCLUDED IN INCOME REFUND OF PRIOR YEAR SCHOLARSHIP GRANT -1,500. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAX WITHHELD 12,246. ROUNDING 1. 1 ANCHOR BAPTIST CHURCH & MINISTRIES 3232 HENDERSONVILLE HWY PISGAH FOREST NC 28768 561419926 CHURCH 30000 0 IMPACT GRANT - ACTIVE ASHEVILLE BUNCOMBE INSTITUTE OF PARITY ACHIEVEMENT PO BOX 448 ASHEVILLE NC 28802 200937410 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE ASHEVILLE POVERTY INITIATIVE 789 MERRIMON AVE ASHEVILLE NC 28804 810757744 501(C)(3) 31796 0 IMPACT GRANT - ACTIVE AWAKE CHILD ADVOCACY CENTER PO BOX 755 SYLVA NC 28779 561796889 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE BABIES NEED BOTTOMS INC PO BOX 5171 ASHEVILLE NC 28813 823574436 501(C)(3) 25000 0 IMPACT GRANT - ACTIVE BEACON OF HOPE SERVICES PO BOX 877 MARSHALL NC 28753 562241353 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE BLACK MOUNTAIN COUNSELING CENTER 201 N RIDGEWAY AVE BLACK MOUNTAIN NC 28711 208136167 501(C)(3) 40000 0 IMPACT GRANT - ACTIVE BOYS AND GIRLS CLUB OF THE PLATEAU INC PO BOX 1812 CASHIERS NC 28717 465336895 501(C)(3) 33334 0 IMPACT GRANT - ACTIVE BURKE UNITED CHRISTIAN MINISTRIES 305-B WEST UNION ST MORGANTON NC 28655 591771449 501(C)(3) 42520 0 IMPACT GRANT - ACTIVE CENTRO UNIDO LATINO AMERICANO 79 ACADAMY ST MARION NC 28752 562678411 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE CHILDREN FIRSTCOMMUNITIES IN SCHOOLS OF BUNCOMBE COUNTY PO BOX 16695 ASHEVILLE NC 28816 591721943 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE COMMUNITIES IN SCHOOLS OF NORTH CAROLINA 222 N PERSON ST STE 203 RALEIGH NC 27601 561677831 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE COMMUNITY HOUSING COALITION OF MADISON COUNTY INC PO BOX 1166 MARSHALL NC 28753 113660564 501(C)(3) 40000 0 IMPACT GRANT - ACTIVE ECU MEDICAL & HEALTH SCIENCES FOUNDATION INC 2200 S CHARLES BLVD GREENVILLE NC 27858 237138921 501(C)(3) 10350 0 AIM GRANTS FAMILY PLACE OF TRANSYLVANIA COUNTY PO BOX 838 BREVARD NC 28712 562019918 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE FEED-A-CHILD WNC INC 151 LAUREL HEIGHTS DR BURNSVILLE NC 28714 812416820 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE FIVE POINT CENTER INCORPORATED PO BOX 2363 ROBBINSVILLE NC 28771 853869991 501(C)(3) 36000 0 IMPACT GRANT - ACTIVE GRAHAM COUNTY HEALTH 121 N MAIN ST ROBBINSVILLE NC 28771 566000302 GOVERNMENT 12900 0 AIM GRANTS GRAHAMTOWN TEAM PO BOX 1941 FOREST CITY NC 28043 271401392 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE HELPING HANDS OF HAYWOOD 140 ACADEMY ST WAYNESVILLE NC 28786 844013135 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE HIGHTS INC PO BOX 865 CULLOWHEE NC 28723 261566023 501(C)(3) 49400 0 IMPACT GRANT - ACTIVE HOLA CAROLINA PO BOX 5146 ASHEVILLE NC 28813 822943079 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE HORIZONS AT CAROLINA DAY 1345 HENDERSONVILLE RD ASHEVILLE NC 28803 560125490 501(C)(3) 45000 0 IMPACT GRANT - ACTIVE JMPRO TV PO BOX 247 ARDEN NC 28704 861120732 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE KARE INC (KIDS ADVOCACY RESOURCE EFFORT) 1159 N MAIN ST WAYNESVILLE NC 28786 581983449 501(C)(3) 40000 0 IMPACT GRANT - ACTIVE LA ESPERANZA IMMIGRANT OUTREACH MINISTRY AT THE EPISCOPAL CHURCH OF THE HO PO BOX 956 MARS HILL NC 28754 561682351 501(C)(3) 45000 0 IMPACT GRANT - ACTIVE LITERACY CONNECTION PO BOX 1728 HENDERSONVILLE NC 28793 561691110 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE MEALS ON WHEELS OF ASHEVILLE & BUNCOMBE COUNTY 146 VICTORIA RD ASHEVILLE NC 28801 561115597 501(C)(3) 50156 0 IMPACT GRANT - ACTIVE / DISCRETIONARY MEALS ON WHEELS OF BREVARD INC PO BOX 485 BREVARD NC 28712 561224960 501(C)(3) 20000 0 IMPACT GRANT - ACTIVE MOUNTAIN ALLIANCE INC PO BOX 2854 BOONE NC 28607 581894620 501(C)(3) 10000 0 IMPACT GRANT - ACTIVE MOUNTAIN CHILD ADVOCACY CENTER 11 VANDERBILT PARK DR STE A ASHEVILLE NC 28803 581828408 501(C)(3) 51900 0 IMPACT GRANT - ACTIVE / DISCRETIONARY MOUNTAINCARE INC PO BOX 5956 ASHEVILLE NC 28813 562005198 501(C)(3) 496000 0 SPECIAL APPROPRIATIONS NANTAHALA HEALTH FOUNDATION 1547 HIGHLANDS RD FRANKLIN NC 28734 832682447 501(C)(3) 50000 0 AIM GRANTS NEIGHBORS IN MINISTRYRISE & SHINE 290 OAKDALE ST BREVARD NC 28712 562032133 501(C)(3) 35000 0 IMPACT GRANT - ACTIVE NEW HOPE OF MCDOWELL PO BOX 1572 MARION NC 28752 561379760 501(C)(3) 27852 0 IMPACT GRANT - ACTIVE ONLY HOPE WNC INC 416 ALLEN RD E FLAT ROCK NC 287262008 453751833 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE PIGEON COMMUNITY MULTICULTURAL DEVELOPMENT CENTER PO BOX 1494 WAYNESVILLE NC 28786 320131282 501(C)(3) 40000 0 IMPACT GRANT - ACTIVE READ TO SUCCEED ASHEVILLEBUNCOMBE PO BOX 18652 ASHEVILLE NC 28814 272581580 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE RECONCILIATION HOUSE PO BOX 1147 BURNSVILLE NC 28714 561373255 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE RESTORATION HOUSE PO BOX 154 BRYSON CITY NC 28713 474539555 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE ROLLING START NC INC 83 MEADOW VIEW DR SYLVA NC 28779 841729605 501(C)(3) 22000 0 IMPACT GRANT - ACTIVE RUTHERFORD COUNTY HABITAT FOR HUMANITY PO BOX 1534 RUTHERFORDTON NC 28139 561581336 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE SHILOH COMMUNITY ASSOCIATION PO BOX 5253 ASHEVILLE NC 28813 562502192 501(C)(3) 68600 0 IMPACT GRANT - ACTIVE / DISCRETIONARY / OTHER GRANT SMART START OF TRANSYLVANIA COUNTY PO BOX 1676 BREVARD NC 28712 311489864 501(C)(3) 23334 0 IMPACT GRANT - ACTIVE THE CHRISTINE AVERY LEARNING CENTER 135 HILL ST ASHEVILLE NC 28801 471618110 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE THE CINDY PLATT BOYS AND GIRLS CLUB OF TRANSYLVANIA COUNTY 11 GALLIMORE RD BREVARD NC 28712 562142829 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE THE COMMUNITY KITCHEN INC PO BOX 513 CANTON NC 28716 510605733 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE THE COMMUNITY TABLE PO BOX 62 DILLSBORO NC 28725 562264894 501(C)(3) 39000 0 IMPACT GRANT - ACTIVE THE GIVING SPOON PO BOX 1783 BRYSON CITY NC 28713 301140746 501(C)(3) 37000 0 IMPACT GRANT - ACTIVE THE LITERACY AND LEARNING CENTER PO BOX 2320 HIGHLANDS NC 28741 561883637 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE THRIVE 218 W ALLEN STE B HENDERSONVILLE NC 28739 205599815 501(C)(3) 47500 0 IMPACT GRANT - ACTIVE TRACTOR FOOD AND FARMS 10992 NC-226 SPRUCE PINE NC 28777 455100047 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE UNITED COMMUNITY DEVELOPMENT OF NORTH CAROLINA INC 85 CHOCTAW ST LOWER LEVEL ASHEVILLE NC 28801 472355318 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE UNITED WAY OF HENDERSON COUNTY PO BOX 487 HENDERSONVILLE NC 28793 560890133 501(C)(3) 6000 0 DISCRETIONARY VECINOS FARMWORKER HEALTH PROGRAM 3971 LITTLE SAVANNAH RD CULLOWHEE NC 28723 571192063 501(C)(3) 24656 0 AIM GRANTS W4H ASHEVILLE DBA WORKING WHEELS 76 WEAVERVILLE RD ASHEVILLE NC 28804 814965358 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE YMI CULTURAL CENTER INC 39 SOUTH MARKET ST ASHEVILLE NC 28801 581448997 501(C)(3) 25000 0 IMPACT GRANT - ACTIVE YTL TRAINING PROGRAMS 700 S SKYLOFT DR 204 ASHEVILLE NC 28801 471832861 501(C)(3) 50000 0 IMPACT GRANT - ACTIVE 58 0 FINANCIAL ASSISTANCE FOR TEACHER AT CHARLES D. OWEN HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT CLYDE A. ERWIN HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT DRAUGHN HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT EAST BURKE HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT EAST HENDERSON HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT EAST RUTHERFORD HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT ENKA HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT FRANKLIN HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT HAYESVILLE HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT HENDERSONVILLE HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT HIWASSEE DAM HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT MADISON HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT MCDOWELL HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT MITCHELL HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT MOUNTAIN HERITAGE HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT MURPHY HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT NORTH BUNCOMBE HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT NORTH HENDERSON HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT PATTON HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT PISGAH HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT POLK COUNTY HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT ROBBINSVILLE HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT ROSMAN HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT R-S CENTRAL HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT SMOKY MOUNTAIN HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT SWAIN COUNTY HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT T.C. ROBERSON HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT CHASE HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT TUSCOLA HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT WEST HENDERSON HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT AVERY COUNTY HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING A-B TECH COMMUNITY COLLEGE 5 31000 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING ANDERSON UNIVERSITY 1 1500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING APPALACHIAN STATE UNIVERSITY 4 6000 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING BLUE RIDGE COMMUNITY COLLEGE 4 6000 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING CALDWELL COMMUNITY COLLEGE 2 3000 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING EAST TENNESSEE STATE UNIVERSITY 1 750 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING FLETCHER ACADEMY 1 1500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING GARDNER-WEBB UNIVERSITY 1 1500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING LENOIR-RHYNE UNIVERSITY 1 1500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING MARS HILL UNIVERSITY 1 1500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING MOUNT PISGAH ACADEMY 1 1500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING NORTH CAROLINA STATE UNIVERSITY 1 1500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING TRI-COUNTY COMMUNITY COLLEGE 3 4500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING UNIVERSITY OF NORTH CAROLINA ASHEVILLE 3 4500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING WAKE FOREST UNIVERSITY 1 1500 FINANCIAL ASSISTANCE FOR STUDENTS ATTENDING WESTERN CAROLINA UNIVERSITY 8 12000 FINANCIAL ASSISTANCE FOR TEACHER AT A.C. REYNOLDS HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT ANDREWS HIGH SCHOOL 1 100 FINANCIAL ASSISTANCE FOR TEACHER AT BREVARD HIGH SCHOOL 1 100 ASSISTANCE TO INDIVIDUALS - PURCHASE OF MEDICATIONS, EQUIPMENT, AND OTHER ESSENTIALS TO MAKE LIFE EASIER. 490 332137 CASH PURCHASE OF EQUIPMENT THROUGH AMAZON AND MEDICAL EQUIPMENT OR SERVICE PROVIDERS PART I, LINE 2: THE FOUNDATION REQUIRES THAT POTENTIAL GRANT RECIPIENTS INDICATE HOW THE FUNDS WILL BE USED IN ORDER TO ENSURE THAT THE USE OF THE FUNDS WILL BE IN ACCORDANCE WITH THE FOUNDATION'S EXEMPT PURPOSE. WHEN A GRANT IS AWARDED, THE FOUNDATION MEETS WITH THE MANAGEMENT OF THE RECIPIENT ORGANIZATION TO REVIEW HOW THE FUNDS ARE BEING USED. IF THE NEED ARISES, THE FOUNDATION ALSO TOURS THE FACILITIES OF A POTENTIAL RECIPIENT TO GAIN A THOROUGH UNDERSTANDING OF THEIR OPERATIONS. A REPORT IS GIVEN TO THE BOARD OF DIRECTORS RELATED TO THESE FINDINGS. ON OCCASION, THE GRANT RECIPIENT WILL ALSO PRESENT THEIR OUTCOMES DIRECTLY TO THE BOARD OF DIRECTORS. X X X 0 0 0 0 0 0 0 0 0 SCOTT W BUCHANAN CEO & PRESIDENT 196000 0 25000 0 0 0 21635 0 15728 0 258363 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD OF DIRECTORS, THE IMMEDIATE PAST CHAIR OF THE BOARD OF DIRECTORS, THE CHAIR ELECT, THE TREASURER, THE SECRETARY, THE PRESIDENT, AND ONE MEMBER AT LARGE. THE EXECUTIVE COMMITTEE SHALL HOLD MEETINGS AS DEEMED NECESSARY. MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE CALLED BY THE CHAIR OR AT THE REQUEST OF ANY MEMBER OF THE COMMITTEE. IT SHALL HAVE THE POWER TO TRANSACT ALL REGULAR BUSINESS OF THE ORGANIZATION DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, UNLESS PROHIBITED BY THE ARTICLES OR BY THEIR BYLAWS, OR BY RESOLUTION OF THE BOARD OF DIRECTORS. IN NO EVENT SHALL THE EXECUTIVE COMMITTEE HAVE THE POWER TO DISSOLVE THE ORGANIZATION OR AMEND THE ARTICLES OR THE BYLAWS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE ARE TO BE REPORTED AT THE NEXT REGULAR MEETING OF THE BOARD OF DIRECTORS. MINUTES OF ALL MEETINGS OF THIS COMMITTEE SHALL BE KEPT AND RECORDED IN THE MINUTE BOOK OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS TASKED WITH REVIEWING AND APPROVING FORM 990 PRIOR TO THE RETURN BEING PRESENTED TO THE BOARD OF DIRECTORS. THE DRAFT IS SENT TO THE FINANCE COMMITTEE FOR APPROVAL BEFORE IT IS SENT THE THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE IS SENT TO EACH NEW BOARD AND/OR GOVERNANCE COMMITTEE MEMBER AND TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. THIS INFORMATION IS SUPPLIED BY EACH BOARD AND/OR GOVERNANCE COMMITTEE MEMBER, SIGNED AND DATED, AND RETURNED TO THE PRESIDENT'S OFFICE TO BE FILED IN THE CORPORATION'S PERMANENT FILES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE ANNUALLY REVIEWS LEADERSHIP COMPENSATION AND UTILIZES A MARKET SURVEY. THE COMPENSATION COMMITTEE CONSISTS OF THE VICE CHAIR, CHAIR OF THE FINANCE COMMITTEE, AND THREE OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST AND ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INTEREST SWAP INCOME 35,137. NON-TAXABLE PARTNERSHIP DISTRIBUTIONS 56,282. NON-TAXABLE CHARITABLE DISTRIBUTIONS 26,980. ROUNDING REFUND OF PRIOR YEAR SCHOLARSHIP GRANT 1,500. 294 OVERLOOK LLC 294 OVERLOOK RD ASHEVILLE NC 28803 REAL ESTATE NC 7079950 RATHBUN HOUSE LLC 121 SHERWOOD RD ASHEVILLE NC 28803 REAL ESTATE NC 2798643