2024-11-15T15:56:59-06:00 2023-12-31 522370901 ARY ROEPCKE MULCHAEY PC TWO MIRANOVA PLACE SUITE 600 COLUMBUS OH 43215 990 2023-01-01 316027662 FIRST COMMUNITY FOUNDATION FIRS 6144880681 1320 CAMBRIDGE BLVD COLUMBUS OH 43212 ROBERT S STEARNS EXECUTIVE DIRECTOR 6144880681 2024-11-01 1 0 TOBIAS A HARPER P01499929 6144863600 2024-10-30 2023 2024-10-15 13:58:12Z ROBERT S STEARNS 1320 CAMBRIDGE BLVD COLUMBUS OH 43212 3653461 0 X HTTPS://FCCHURCH.FOUNDATION X 1961 OH FIRST COMMUNITY FOUNDATION IS A TAX-EXEMPT, NON-PROFIT ORGANIZATION CREATED FOR THE PERPETUAL SUPPORT AND ENHANCEMENT OF THE MINISTRIES AND MISSIONS OF FIRST COMMUNITY CHURCH. 12 12 0 12 0 0 1057825 1889679 0 0 417174 343498 0 0 1474999 2233177 1059207 493006 0 0 24966 26404 0 0 0 104271 107814 1188444 627224 286555 1605953 9547086 11675938 527853 302010 9019233 11373928 FIRST COMMUNITY FOUNDATION IS A TAX-EXEMPT, NON-PROFIT ORGANIZATION CREATED FOR THE PERPETUAL SUPPORT AND ENHANCEMENT OF THE MINISTRIES AND MISSIONS OF FIRST COMMUNITY CHURCH. 0 0 493006 493006 0 FIRST COMMUNITY FOUNDATION'S MISSION IS TO SUPPORT THE MINISTRIES, MISSIONS, PROGRAMS, AND FACILITIES OF THE FIRST COMMUNITY CHURCH. GRANTS INCLUDE SUPPORT OF A SCHOOL AND ORPHANAGE AND SUPPORT OF THE FIRST COMMUNITY CHURCH PROGRAMS AND FACILITIES, INCLUDING ITS CAMP, CAMP AKITA. 493006 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 1 0 0 OH X ROBERT S STEARNS 6144880681 1320 CAMBRIDGE BLVD COLUMBUS OH 43212 KATHERINE TUCKER TRUSTEE 2.00 X 0 0 0 RALPH GRIFFITH PAST CHAIR 2.00 X X 0 0 0 CINDI KLAMAR TREASURER 2.00 X X 0 0 0 KATIE OCASIO TRUSTEE 2.00 X 0 0 0 BRAD GRIFFITH VICE CHAIR 2.00 X X 0 0 0 DAVID NICKEL TRUSTEE 2.00 X 0 0 0 NANCY RUMMEL TRUSTEE 2.00 X 0 0 0 CHUCK WEBB TRUSTEE 2.00 X 0 0 0 TIM GLASSER CHAIR 2.00 X X 0 0 0 LESLIE JUNK TRUSTEE 2.00 X 0 0 0 CLARE LONG TRUSTEE 2.00 X 0 0 0 CATHY CONNOR TRUSTEE 2.00 X 0 0 0 DOUG TORRANCE EX-OFFICIO 2.00 X 0 0 0 GLEN MILES EX-OFFICIO 2.00 X 0 0 0 REV SETH STEARNS EXECUTIVE DIRECTOR 5.00 35.00 X 0 96037 1996 0 96037 1996 0 0 0 0 0 1889679 1889679 245814 245814 1517968 1420284 97684 97684 97684 2233177 97684 0 245814 250006 250006 243000 243000 24000 24000 509 509 1895 1895 30000 30000 2548 2548 20757 20757 48926 48926 1371 1371 1293 1293 2280 2280 SUBSCRIPTION & DUES 370 370 OTHER 252 252 BANK FEES 17 17 627224 493006 134218 0 248991 1209409 5980 1468 26456 31686 9265659 10433375 9547086 11675938 30791 2789 497062 299221 527853 302010 X 735653 1630231 8283580 9743697 9019233 11373928 9547086 11675938 1605953 748742 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 248750 263722 292204 1 1 4884315 847720 502482 139760 6094757 5986442 117355 -756966 462516 4884315 5418100 51815 865565 349038 5986442 5215438 16514 465211 279063 5418100 4276186 153653 857179 71580 5215438 0.00000 0.73500 0.26500 1 0 0 X 2932993 0 2932993 48926 -748742 -699816 2233177 578298 0 578298 48926 48926 627224 PART X, LINE 2: INCOME TAXES - THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). THE FOUNDATION HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS REQUIRING AN ACCRUAL OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THERE WERE NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022 RELATED TO UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNREALIZED GAIN -748,742. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES GENERAL SUPPORT, TEACHER FUNDING, OPERATING SUPPORT FOR A SCHOOL AND ORPHANAGE. 243000 0 0 0 0 0 0 243000 0 243000 CENTRAL AMERICA AND THE CARIBBEAN GENERAL SUPPORT, TEACHER FUNDING, OPERATING SUPPORT FOR A SCHOOL & ORPHANAGE 243000 WIRE TRANSFER 0 N/A 1 0 0 0 0 0 0 0 PART I, LINE 2: GRANTS ARE PROCESSED THROUGH THE FOUNDATION GRANTS COMMITTEE FOR RECOMMENDATION TO THE FOUNDATION BOARD OF TRUSTEES. THE BOARD EITHER APPROVES OR DOES NOT APPROVE THE GRANT. THOSE AWARDED A GRANT ARE PROVIDED A FORM TO COMPLETE IN REGARDS TO THE USE AND AMOUNT OF PROJECT COSTS TO BE RETURNED TO THE FOUNDATION UPON USE OF THE FUNDS. 1 FIRST COMMUNITY CHURCH 1320 CAMBRIDGE BLVD COLUMBUS OH 43212 314383795 501(C)(3) 243506 0 GENERAL SUPPORT 1 1 PART I, LINE 2: GRANTS ARE PROCESSED THROUGH THE FOUNDATION GRANTS COMMITTEE FOR RECOMMENDATION TO THE FOUNDATION BOARD OF TRUSTEES. THE BOARD EITHER APPROVES OR DOES NOT APPROVE THE GRANT. THOSE AWARDED A GRANT ARE PROVIDED A FORM TO COMPLETE IN REGARDS TO THE USE AND AMOUNT OF PROJECT COSTS TO BE RETURNED TO THE FOUNDATION UPON USE OF THE FUNDS. FORM 990, PART VI, SECTION A, LINE 7B FIRST COMMUNITY CHURCH APPROVES BOARD MEMBERS OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT 990 IS SENT ELECTRONICALLY TO EACH BOARD MEMBER FOR REVIEW, REQUESTING QUESTIONS, COMMENTS OR EDITS. THE FINAL VERSION IS HARDCOPIED TO EACH BOARD MEMBER REQUESTING WRITTEN ATTESTATION OF PRESENTED 990 DOCUMENT. BOARD ACTION IS REQUESTED TO ACCEPT THE 990 DOCUMENT PRIOR TO THE DIRECTOR'S SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY, WHICH THEY SIGN, STATING THEY WILL NOT DERIVE ANY PERSONAL GAIN DIRECTLY OR INDIRECTLY AS A MEMBER OF THE FOUNDATION BOARD. IF THEY SEE AN ISSUE THAT INVOLVES A POTENTIAL CONFLICT OF INTEREST, THEY ARE TO IDENTIFY THE POTENTIAL CONFLICT OF INTEREST, NOT PARTICIPATE IN DISCUSSION OR VOTE. THIS IS RECORDED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION HAS HISTORICALLY BEEN DETERMINED BY AN INDEPENDENT PROCESS INVOLVING THE SENIOR MINISTER IN CONSULTATION WITH THE EXECUTIVE COMMITTEES OF THE FOUNDATION AND CHURCH, USING COMPARABLE DATA FROM OTHER ORGANIZATIONS. THE DECISION OF THE BOARD IS DOCUMENTED AND RECORDED. THE COMPENSATION IS REVIEWED ON A YEARLY BASIS. NONE OF THE OTHER OFFICERS ARE COMPENSATED BY THE FIRST COMMUNITY FOUNDATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORMS 1023 AND 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE AFOREMENTIONED FORMS CAN BE VIEWED UPON REQUEST. FIRST COMMUNITY CHURCH 1320 CAMBRIDGE BLVD COLUMBUS OH 43212 WORSHIP OH 501(C)(3) LINE 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 FIRST COMMUNITY CHURCH B 243506 ACTUAL AMOUNT FIRST COMMUNITY CHURCH M 30000 ACTUAL AMOUNT FIRST COMMUNITY CHURCH O 24000 ACTUAL AMOUNT