STRATEGY STUDIO / PUBLIC DATA EXPLORER

FAMILY INVESTMENT FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FAMILY INVESTMENT FOUNDATION INC (EIN 32-0071235)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-12-11
IRS object ID
202413469349300446
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-12-11T16:13:00-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN621142155PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PUGH & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1315 N CEDAR BLUFF RD SUITE 200AddressLine1Txt
CityKNOXVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37923ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320071235EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FAMILY INVESTMENT FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFAMIBusinessNameControlTxt
Phone8654031100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 N BROADWAYAddressLine1Txt
CityKNOXVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP379176663ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBENJAMIN BENTLEYPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8654031100PhoneNum
Signature2024-12-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKELLY A TUCKER CPAPreparerPersonNm
PTINP01015909PTIN
Phone8657690660PhoneNum
Preparation2024-12-06PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerHOUSTON SMELCERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 N BROADWAYAddressLine1Txt
CityKNOXVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP379176663ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$282,344GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionFOUNDED IN 2003, THE FAMILY INVESTMENT FOUNDATION, INC. (THE "FOUNDATION") IS A COLLABORATIVE EFFORT BETWEEN THE FOUNDATION, INDIVIDUALS AND BUSINESSES WITHIN THE COMMUNITY, LOCAL GOVERNMENT AND LOCAL GOVERNMENT AGENCIES TO SUPPLEMENT AND COMPLEMENT LOCAL GOVERNMENT EFFORTS TO ADDRESS THE SOCIAL, EDUCATIONAL, ECONOMIC AND HEALTH ISSUES AND NEEDS OF THE GREATER KNOXVILLE, TENNESSEE COMMUNITY. THE FOUNDATION IS A 501(C)3 COMPONENT UNIT OF KCDC.KCDC IS THE HOUSING AUTHORITY FOR KNOXVILLE AND KNOX COUNTY AND THE REDEVELOPMENT AGENCY FOR THE CITY OF KNOXVILLE. THE FOUNDATION WAS CREATED TO ASSIST IN SERVICES TO THOSE INDIVIDUALS LIVING IN KCDC HOUSING WITH AMI'S OF 50% OR BELOW, INCLUDING ACCESS TO SOCIAL SERVICES, HEALTH SERVICES, AFFORDABLE HOUSING, FOOD ACCESS, AND OTHER COMMUNITY SERVICES.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$154,115PYContributionsGrantsAmt
CY Contributions Grants$272,135CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,785PYInvestmentIncomeAmt
CY Investment Income$10,209CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$155,900PYTotalRevenueAmt
CY Total Revenue$282,344CYTotalRevenueAmt
PY Grants And Similar Paid$9,172PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$665CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,567PYOtherExpensesAmt
CY Other Expenses$3,274CYOtherExpensesAmt
PY Total Expenses$11,739PYTotalExpensesAmt
CY Total Expenses$3,939CYTotalExpensesAmt
PY Revenues Less Expenses$144,161PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$278,405CYRevenuesLessExpensesAmt
Total Assets BOY$182,768TotalAssetsBOYAmt
Total Assets EOY$464,412TotalAssetsEOYAmt
Total Liabilities BOY$18,295TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,534TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$164,473NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$442,878NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFOUNDED IN 2003, THE FAMILY INVESTMENT FOUNDATION, INC. (THE "FOUNDATION") IS A COLLABORATIVE EFFORT BETWEEN THE FOUNDATION, INDIVIDUALS AND BUSINESSES WITHIN THE COMMUNITY, LOCAL GOVERNMENT AND LOCAL GOVERNMENT AGENCIES TO SUPPLEMENT AND COMPLEMENT LOCAL GOVERNMENT EFFORTS TO ADDRESS THE SOCIAL, EDUCATIONAL, ECONOMIC AND HEALTH ISSUES AND NEEDS OF THE GREATER KNOXVILLE, TENNESSEE COMMUNITY. THE FOUNDATION IS A 501(C)3 COMPONENT UNIT OF KCDC.KCDC IS THE HOUSING AUTHORITY FOR KNOXVILLE AND KNOX COUNTY AND THE REDEVELOPMENT AGENCY FOR THE CITY OF KNOXVILLE. THE FOUNDATION WAS CREATED TO ASSIST IN SERVICES TO THOSE INDIVIDUALS LIVING IN KCDC HOUSING WITH AMI'S OF 50% OR BELOW, INCLUDING ACCESS TO SOCIAL SERVICES, HEALTH SERVICES, AFFORDABLE HOUSING, FOOD ACCESS, AND OTHER COMMUNITY SERVICES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,939ExpenseAmt
Grant$665GrantAmt
Revenue$282,344RevenueAmt
DescTHE FOUNDATION WAS CREATED TO ASSIST IN SERVICES TO THOSE INDIVIDUALS LIVING IN KCDC HOUSING WITH AMI'S OF 50% OR BELOW, INCLUDING ACCESS TO SOCIAL SERVICES, HEALTH SERVICES, AFFORDABLE HOUSING, FOOD ACCESS, AND OTHER COMMUNITY SERVICES.Desc
Total Program Service Expenses$3,939TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDAVID MCANDREWSPersonNm
Phone8654031100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 N BROADWAYAddressLine1Txt
CityKNOXVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37917ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
HOUSTON SMELCER
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
JOSHALYN HUNDLEY
TREASURER1.00Yes (X)Yes (X)$0$0$0
MARISA MOAZEN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
ELLEN MCINTYRE
DIRECTOR1.00Yes (X)$0$0$0
LILIANA BURBANO
DIRECTOR1.00Yes (X)$0$0$0
BRAD PETERS
DIRECTOR1.00Yes (X)$0$0$0
BENJAMIN BENTLEY
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$272,135AllOtherContributionsAmt
Total Contributions$272,135TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,209TotalRevenueColumnAmt
Exclusion$10,209ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$282,344TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$10,209ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$665TotalAmt
Program Services$665ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,100TotalAmt
Program Services$2,100ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$121TotalAmt
Program Services$121ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,002TotalAmt
Program Services$1,002ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP, DUES, AND FDesc
Total$51TotalAmt
Program Services$51ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,939TotalAmt
Program Services$3,939ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$30,701EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$182,134BOYAmt
EOY$432,942EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$634BOYAmt
EOY$769EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$182,768BOYAmt
EOY$464,412EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,295BOYAmt
EOY$21,534EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,295BOYAmt
EOY$21,534EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$164,473BOYAmt
EOY$442,878EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$164,473BOYAmt
EOY$442,878EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$182,768BOYAmt
EOY$464,412EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$278,405ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,828CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,463CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$154,515CurrentTaxYearMinus1YearAmt
Current Tax Year$272,135CurrentTaxYearAmt
Total$448,941TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,828CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,463CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$154,515CurrentTaxYearMinus1YearAmt
Current Tax Year$272,135CurrentTaxYearAmt
Total$448,941TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$352,340SubstantialContributorsTotAmt
Public Support Total170$96,601PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,785CurrentTaxYearMinus1YearAmt
Current Tax Year$10,209CurrentTaxYearAmt
Total$12,054TotalAmt
FieldValueIRS element (for citing)
Total Support$460,995TotalSupportAmt
Public Support CY1700.20950PublicSupportCY170Pct
Public Support PY1700.23800PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestTHE ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY. THEY HIRED A PERSON TO SOLICIT FUNDS FROM THE PUBLIC, COMMUNITY, OTHER ORGANIZATIONS, GOVERNMENT, ETC. ON BEHALF OF THE FOUNDATION. THIS PERSON PRESENTS TO GROUPS, COMMUNICATING THE FOUNDATIONS MISSION AND EFFORTS TO FUND SOCIAL SERVICES, HEALTH SERVICES, AFFORDABLE HOUSING, FOOD ACCESS, EDUCATE ON ALL AND PROVIDE OTHER COMMUNITY SERVICES. THE POSITION IS SPONSORED BY KCDC.THE FOUNDATION'S BOARD IS MADE UP OF INDIVIDUALS WHO EITHER HAVE SPECIALIZED KNOWLEDGE OR EXPERTISE RELATED TO HOUSING OR A DISTINCT SERVICE SPECIALTY, OPERATE IN A SERVICE AREA OR BRING A UNIQUE SET OF SKILLS/VIEWS TO ENSURE THAT THERE IS DIVERSE REPRESENTATION AND EXTENSIVE OUTREACH POSSIBILITIES. THEY HIRED A FUNDRAISING DIRECTOR RECENTLY, WHO IS WORKING ON EXPANDING THE DONOR BASE. EFFORTS TO FUNDRAISE HAVE BEEN ONGOING AS EVIDENCED BY THE INCREASE IN CONTRIBUTIONS. THE FUNDRAISING DIRECTOR WILL CONTINUE TO ADVANCE AND PROMOTE THE FOUNDATION AND ITS EFFORTS TO REACH FURTHER IN THE COMMUNITY.THE ORGANIZATION HAS 6 ACTIVE / OPEN FUNDING REQUESTS TOTALING MORE THAN $2.7M (1 INDIVIDUAL ASK, 4 GRANT APPLICATIONS, 1 CORPORATE REQUEST) AND 1 IN-PROGRESS GRANT APPLICATION (DUE AT THE END OF NOV) FOR $100K. THEY ARE ALSO IN ACTIVE CONVERSATION WITH 15+ CORPORATIONS FOR SUPPORT; AND THEY ARE MANAGING A GROWING LIST OF ADDITIONAL PROSPECTS (INDIVIDUALS, CORPORATIONS, FOUNDATIONS, ETC.) FOR THE FOUNDATION.FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescREV FUND BANKDesc
Amt$21,534Amt
FieldValueIRS element (for citing)
Total Liability$21,534TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 WILL BE REVIEWED DURING THE NEXT SCHEDULED CORPORATE BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990 ITEM BWE ARE AMENDING THIS RETURN TO CORRECTLY SHOW INTEREST INCOME IN COLUMN (D) OF PART VIII LINE 3 AS REVENUE EXCLUDED FOR TAX UNDER SECTIONS 512-514. THE AMOUNT WAS PREVIOUSLY SHOWN AS UNRELATED BUSINESS INCOME, WHICH IS INCORRECT.