2021-08-16T17:57:33-05:00 2020-12-31 300003878 BENNING GROUP LLC 50 W DOUGLAS ST STE 300 FREEPORT IL 610324135 990 2020-01-01 300080762 FREEPORT COMMUNITY FOUNDATION FREE 524 W STEPHENSON ST SUITE 102 FREEPORT IL 61032 JENNY BLOCKER TREASURER 8158013035 2021-08-16 true JENNY BLOCKER 999009999 JENNY L BLOCKER P00883678 8152353157 2021-08-16 2020 2022-09-23 18:48:47Z MICHELLE DEHAVEN 524 W STEPHENSON ST SUITE 102 FREEPORT IL 61032 1084933 false X WWW.FREEPORTCOMMUNITYFOUNDATION.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. 11 11 2 0 100586 453526 0 171638 195845 0 272224 649371 188818 514733 0 72847 73339 0 0 77011 29462 338676 617534 -66452 31837 5379092 5604486 198471 222112 5180621 5382374 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 514733 514733 GRANTS TO LOCAL CHARITABLE ORGANIZATIONS TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS. 514733 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 11 11 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 28.00 X 0 0 0 BRADLEY R STEWART PRESIDENT X X 0 0 0 ANDREA SCHULTZ WINTER VICE PRESIDE X X 0 0 0 ANN K REEDY SECRETARY X X 0 0 0 JENNY BLOCKER TREASURER X X 0 0 0 KATHRYN J MARTINEZ MEMBER X 0 0 0 CRAIG DEININGER MEMBER 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 false false false 14000 439526 453526 157037 157037 474370 435562 38808 38808 38808 649371 38808 157037 514733 514733 67980 67980 5359 5359 160 160 10820 10820 3081 3081 2400 2400 607 607 260 260 2202 2202 MARKETING 7357 7357 DUES & SUBSCRIPTIONS 2575 2575 617534 514733 102801 0 14212 37376 1833 1958 9256 9256 5363047 5565152 5379092 5604486 141979 165267 56492 56845 198471 222112 X 4773854 4933454 406767 448920 5180621 5382374 5379092 5604486 X 31837 178569 -8653 X false true X true false X 304347 137744 470908 100586 453526 1467111 304347 137744 470908 100586 453526 1467111 1467111 108820 169592 207476 172326 157037 815251 2282362 250 0.64280 0.57460 X 4 3 2163 10075 330754 118166 true true true 141979 25672 2384 165267 true X 406767 12238 35897 5982 448920 341200 14990 60124 9547 406767 149465 230113 -28425 9953 341200 98601 42421 13243 4800 149465 58840 16370 5900 1535 98601 0.94230 0.05770 false false 5338 5338 3294 3294 624 624 ANNUITY PAYABLE 56845 56845 827940 178569 178569 649371 649371 626187 8653 8653 617534 617534 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 8,653 true AMITY SOCIETY OF FREEPORT 10650 BOYS & GIRLS CLUB OF FREEPORT 6992 CATS CARE 13000 CONTACT OF NORTHERN IL 8100 FAMILY YMCA OF NORTHWESTERN ILL 10250 FARMWORKER & LANDSCAPER ADVOCACY 25000 FREEPORT AREA CHURCH COOPERATIVE 18920 GALENA AREA EMS DISTRICT 20000 GALENA ELKS 7000 GERMAN VALLEY FIRE PROTECTION DIST 6579 GREATER FREEPORT PARTNERSHIP 10000 JO DAVIESS CONSERVATION FDN 35000 MALCOLM EATON ENTERPRISES 11311 MIDWEST MEDICAL CENTER 10000 MOTHER HUBBARD 6000 NEW HORZONS COUNSELING CENTER 20000 NORTHERN ILLINOIS FOOD BANK 37500 NORTHWEST IL COMMUNITY ACTION AGEN 11800 PUBLIC HEALTH FDN OF NW IL 6089 SENIOR RESOURCE CENTER 12000 THE WORKSHOP 8384 TIMBER LAKE PLAYHOUSE 19000 TYLER'S JUSTICE CENTER 12500 UNITED WAY OF NORTHWEST IL 114245 VILLAGE OF STOCKTON 10000 VOICES OF STEPHENSON COUNTY 10098 FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS DURING A REGULARLY SCHEDULED MEETING. DIRECTORS REVIEWED FORM 990 AND APPROVED A MOTION TO ACCEPT THE FORM 990 AS PRESENTED. 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 ANNUITY VALUE -8,653