2022-11-14T18:07:18-05:00 2021-12-31 300003878 BENNING GROUP LLC 50 W DOUGLAS ST STE 300 FREEPORT IL 610324135 990 2021-01-01 300080762 FREEPORT COMMUNITY FOUNDATION FREE 8158013035 1525 S FOREST RD SUITE 200 FREEPORT IL 61032 JENNY BLOCKER TREASURER 8158013035 2022-11-04 true JENNY BLOCKER 999009999 JENNY L BLOCKER P00883678 8152353157 2022-11-14 2021 2022-09-23 18:48:47Z X MICHELLE DEHAVEN 1525 S FOREST RD SUITE 200 FREEPORT IL 61032 1390452 false X WWW.FREEPORTCF.ORG X 2002 IL TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS BY ACCUMULATING ASSETS IN THE FORM OF PERMANENT ENDOWMENT FUNDS & PRUDENTLY DISTRIBUTING INCOME FROM THOSE FUNDS TO CHARITABLE ORGANIZATIONS. 10 10 2 0 453526 142900 0 195845 1247352 200 649371 1390452 514733 232521 0 73339 84457 0 0 29462 59279 617534 376257 31837 1014195 5604486 6123484 222112 228375 5382374 5895109 TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS BY ACCUMULATING ASSETS IN THE FORM OF PERMANENT ENDOWMENT FUNDS & PRUDENTLY DISTRIBUTING INCOME FROM THOSE FUNDS TO CHARITABLE ORGANIZATIONS. false false 240821 232521 GRANTS TO LOCAL CHARITABLE ORGANIZATIONS TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS. 240821 true false false false false true false false true true true false false false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 2 true false false false false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false false true true true true true false false false IL X X MICHELLE DEHAVEN 8158013035 524 W STEPHENSON ST STE 102 FREEPORT IL 61032 X MICHELLE DEHAVEN EXECUTIVE DI X 0 0 0 ANDREA SCHULTZ WINTER PRESIDENT X X 0 0 0 JENNY BLOCKER TREASURER X X 0 0 0 BRADLEY R STEWART PAST PRESIDE X X 0 0 0 RICHARD J HAUSER MEMBER X 0 0 0 STEPHEN SPYRISON MEMBER X 0 0 0 KIM RAMPENTHAL MEMBER X 0 0 0 MICHELLE STUBBE MEMBER X 0 0 0 CINDY FOLEY MEMBER X 0 0 0 YVETTE SELLERS MEMBER X 0 0 0 ANDREW STEWART MEMBER X 0 0 0 false false false 142900 142900 135381 135381 1111971 1111971 1111971 1111971 MISC INCOME 200 200 200 1390452 1112171 135381 232521 232521 78293 78293 6164 6164 10 10 14253 14253 3378 3378 2600 2600 1373 1373 393 393 2202 2202 MARKETING 23727 23727 ANNUITY PAYMENTS 8300 8300 DUES & SUBSCRIPTIONS 3043 3043 376257 240821 135436 0 37376 21467 1958 2037 9256 9256 5565152 6099980 5604486 6123484 165267 174886 56845 53489 222112 228375 X 4933454 5384136 448920 510973 5382374 5895109 5604486 6123484 X 1014195 -504816 3356 X false true X true false X 137744 470908 100586 453526 142900 1305664 137744 470908 100586 453526 142900 1305664 1305664 169592 207476 172326 157037 135381 841812 2147476 450 0.60800 0.64280 X false false true 165267 27849 18230 174886 true X 448920 17065 64682 19695 510972 406767 12238 35897 5982 448920 341200 14990 60124 9547 406767 149465 230113 -28425 9953 341200 98601 42421 13243 4800 149465 0.79710 0.20290 false false 5338 5338 3294 3294 624 624 ANNUITY PAYABLE 53489 53489 885636 -504816 -504816 1390452 1390452 372901 -3356 -3356 376257 376257 SCHEDULE D, PAGE 2, PART IV, LINE 1B THE FOUNDATION ACTS AS AN AGENT FOR FUNDS IN WHICH DISTRIBUTIONS BENEFIT THE DONOR ORGANIZATION. THESE FUNDS ARE RECORDED AS LIABILITIES. ALL CONTRIBUTIONS RECEIVED, INVESTMENT INCOME AND FEES, REALIZED AND UNREALIZED GAINS ARE LOSSES ARE NETTED TOGETHER AND REPORTED AS ADDITIONS TO THE LIABILITY ACCOUNT. DISTRIBUTIONS ARE RECORDED AS REDUCTIONS OF THE LIABILITY. SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION ACTS AS AN AGENT FOR FUNDS IN WHICH DISTRIBUTIONS BENEFIT THE DONOR ORGANIZATION. THESE FUNDS ARE RECORDED AS LIABILITIES. ALL CONTRIBUTIONS RECIEVED, INVESTMENT INCOME AND FEES, REALIZED AND UNREALIZED GAINS ARE LOSSES ARE NETTED TOGETHER AND REPORTED AS ADDITIONS TO THE LIABILITY ACCOUNT. DISTRIBUTIONS ARE RECORDED AS REDUCTIONS OF THE LIABILITY. SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENT FUNDS ARE TO PROVIDE GRANTS AND/OR SCHOLARSHIPS FROM THE EARNINGS ON THE ENDOWMENT FUNDS. SCHEDULE D, PAGE 4, PART XII, LINE 2D CHANGE IN ANNUITY VALUE -3,356 true AMITY SOCIETY OF FREEPORT 6845 FARMWORKER & LANDSCAPER ADVOCACY 15000 FREEPORT ART MUSEUM 13800 JDLF GIVES 7000 MADONNA RENEWAL 8500 MALCOLM EATON ENTERPRISES 6890 NORTHERN ILLINOIS FOOD BANK 37500 NORTHWEST HOME START 7500 RAMP 6280 RIVER BEND FOOD RESERVOIR 25000 SENIOR RESOURCE CENTER 11900 TIMBER LAKE PLAYHOUSE 18500 UNITED WAY OF NORTHWEST IL 10800 VOICES OF STEPHENSON COUNTY 7800 FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 WAS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DURING A REGULARLY SCHEDULED MEETING. MEMBERS OF THE EXECUTIVE COMMITTEE WERE GIVEN THE OPPORTUNITY TO REVIEW THE 990 PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST STATEMENT (THEY ARE ALSO GIVEN A COPY OF IT) INDICATING ANY POTENTIAL CONFLICTS. ALL COMMITTEE MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT AS WELL. THE EXECUTIVE DIRECTOR REVIEWS THE STATEMENTS PRIOR TO THE GRANT AWARD CYCLE AND SCHOLARSHIP APPROVAL PROCESS. DURING THE GRANT AWARD CYCLES AND THE SCHOLARSHIP APPROVAL PROCESS, THE EXECUTIVE DIRECTOR ASK MEMBERS TO RECUSE THEMSELVES FROM VOTING IF THEY HAVE A CONFLICT. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION FOLLOWS THE RULES AND REGULATIONS OF THE IRS REGARDING PUBLIC AVAILABILITY OF FORM 990 AS WELL AS ANY OTHER REQUIRED DOCUMENTS. THE FORM 990 IS AVAILABLE UPON REQUEST EITHER BY DOWNLOADING FROM THE FOUNDATION'S WEBSITE OR HAVING IT MAILED OR EXAMINING IT IN THE FOUNDATION'S OFFICE. THE FOUNDATION ALSO HAS AVAILABLE UPON REQUEST FINANCIAL INFORMATION SUCH AS PERFORMANCE HISTORY, LIST OF INVESTMENT MANAGERS, AUDIT FEES, AND THE BODY RESPONSIBLE FOR INVESTMENT AND OVERSIGHT. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF ANNUITY PAYABLE 3,356