2025-05-22T12:02:44-05:00 2024-12-31 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2024-01-01 541031403 Columbia Foundation COLU 7035368044 103 West Columbia Street Falls Church VA 22046 Lawrence Peacock Treasurer 7035368044 2025-05-21 1 1 Stacy Cullen P00974308 3012316200 2025-05-21 2024 2025-03-06 01:10:19Z Richard Stephenson 103 West Columbia Street Falls Church VA 22046 42914 0 X http://www.columbiafoundation.net X 1976 VA To provide assistance to those in social need. 11 11 0 11 0 0 15004 25509 0 0 970 17405 0 0 15974 42914 56780 63878 0 0 0 0 0 0 0 6288 6654 63068 70532 -47094 -27618 1696668 1721968 0 0 1696668 1721968 X The Foundation aids persons in need; assists persons in meeting educational aspirations; and provides financial support for religious and church activities related to the mission of Columbia Baptist Church. 0 0 18580 18580 Education Support: Assistance to financially needy students to support their higher education goals by providing grants to cover tuition, books, housing and related expenses while attending a college or seminary; or expenses related to training provided through the Sharyn Byer Institute of Fine Arts (SB Arts). 18087 18087 CBC Ministries/Mission: Grants in support of Christian ministries and mission activities sponsored or undertaken by Columbia Baptist Church (CBC). 16211 16211 Social Needs: Grants in support of financially needy individuals with a connection to Columbia Baptist Church or the community to help assist with housing expenses, medical expenses, repairs, miscellaneous living expenses, emergency needs, and support for a local food bank. 7200 7200 Non-CBC Ministries/Missions 3800 3800 Seniors Support 11000 11000 63878 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 VA X X Lawrence Peacock 7036235274 4122 Whispering Lane Annandale VA 22003 X Richard Stephenson President 2.00 X X 0 0 0 Greg James Vice President 1.00 X X 0 0 0 Lawrence Peacock Treasurer 3.00 X X 0 0 0 Jean Eubanks Secretary 1.00 X X 0 0 0 Sammie Barr Director 1.00 X 0 0 0 Ashley Davis Director 1.00 X 0 0 0 Clarence Dukes Director 1.00 X 0 0 0 Scott Flanders Director 1.00 X 0 0 0 John Guidi Director 1.00 X 0 0 0 John Kubichek Director 1.00 X 0 0 0 Anne Tomas Director 1.00 X 0 0 0 0 0 0 0 0 0 0 0 25509 25509 11111 11111 6294 0 6294 6294 6294 42914 0 0 17405 45298 45298 18580 18580 25 25 3993 3993 2636 2636 70532 63878 6654 0 170608 148043 265418 264471 20000 20000 1240642 1289454 1696668 1721968 0 0 X 936848 962148 759820 759820 1696668 1721968 1696668 1721968 -27618 111812 -58894 0 X X 0 0 0 X 11385 58170 103730 15004 25509 213798 11385 58170 103730 15004 25509 213798 213798 2765 2564 4175 970 11111 21585 235383 0.90830 0.93710 X 250758 19836 -16729 253865 247125 25188 -21555 250758 253214 -36944 30855 247125 249202 26503 -22491 253214 248017 8047 -6862 249202 0.00000 0.96000 0.04000 0 0 0 Part V, Line 4: The capital account fund consists of donations given to build a capital base for the foundation. Earnings are for general operating purposes. The King Scholarship Fund was established by an anonymous gift and subsequent donations. The earnings are to be used for the Columbia Baptist Church's daycare program. The Ubiquitous Fund was established by an anonymous gift. Earnings are for general operating purposes. The Education Fund was established via gift of a marathon oil company bond, which matured in 1994 and rolled over into the Foundation's investments. Allocable earnings are to be used for the student grant loan fund. 1 Columbia Baptist Church 103 W Columbia St Falls Church VA 22046 540544701 501(c)(3) 14000 0 Spend Yourself Ministry & Residency Program 1 0 Tuition Grants 2 18580 Part I, Line 2: Grants in response to individual requests are generally made to organizations (educational institutions, landlords, utility companies, medical providers, etc.) for benefit of specific individuals in financial need. Social needs grants are made to individuals who show a basic need and generally live in the local area. Funds are typically used in the U.S. Mission grants are made on behalf of local parishioners or to U.S. organizations for ministries and/or short trips, sometimes abroad, to help with Christian ministry activities they are supporting in the U.S. or abroad. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent public accountant and reviewed by the Foundation's treasurer. After this review, the Form is provided to the full board prior to filing with the IRS. These various levels of review ensure the information filed is complete, accurate and in compliance with regulations. Form 990, Part VI, Section B, line 12c Each officer and director are required to review a copy of the conflict-of-interest policy and to acknowledge that he or she has done so. Each person annually discloses any relationships, positions, or circumstances to which he or she believes could contribute to a conflict. Following full disclosure of a possible conflict of interest, the board of directors determines whether an actual conflict of interest exists and, if so, votes to authorize or reject the transaction or take any other action deemed necessary to address the conflict to protect the Foundation's best interests. This policy is reviewed annually by the board of directors. Any changes to the policy are communicated immediately to all persons subject to it. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy and financial statements are available to the public on the Foundation's own website, or upon request. Form 990, Part XII, Line 1: The Foundation keeps its books on the accrual basis of accounting. The "Other" box was inadvertently checked in prior filings. The Foundation is correcting this presentation with this filing and does not consider this to be a change in accounting method. Columbia Baptist Church 103 West Columbia Street Falls Church VA 22046 540544701 Church VA 501(c)(3) Line 1 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Columbia Baptist Church B 14000 FMV