2020-04-28T10:48:39-07:00 2019-12-31 COMBS TENNANT & CARPENTER PC PO BOX 1098 BOONE NC 28607 990 2019-01-01 821682102 LINVILLE FOUNDATION INC LINV 8287333043 PO BOX 99 LINVILLE NC 28646 JOHN BLACKBURN PRESIDENT 8287333043 2020-04-10 true DOUGLAS M TENNANT P00076772 8287330066 68.115.209.198 2020-04-28 10:48:30 PD P DFCBE15A0E463D99EDDE57069B544573365A06E1 DFCBE15A0E463D99EDDE57069B544573365A06E1 2019 2020-11-19 02:30:22Z JOHN BLACKBURN PO BOX 218 LINVILLE NC 28646 862456 false X N/A X 2017 NC The Foundation inspires, encourages, and supports students in their pursuit of college, graduate, or vocational education through financial aid and the granting of scholarship awards. 9 9 0 0 0 0 380782 414627 0 39279 61102 0 420061 475729 226100 284102 0 0 0 0 21331 31947 247431 316049 172630 159680 2030258 2492068 0 2030258 2492068 The Foundation inspires, encourages, and supports students in their pursuit of college, graduate, or vocational education through financial aid and the granting of scholarship awards. false false 293213 284102 475729 The Foundation granted over 70 scholarship to students during thier inital year to help further their education in graduate and ungraduate degrees Our goal is to help and encourage students to further their education with college degrees and to provide support to these studendts. 293213 true true false false false false false false false false false false false false false false false false 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 true 0 0 0 false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true false false true false false CHRIS BYARS 8287333043 PO BOX 99 LINVILLE NC 28657 X DAVID THOMPSON CHAIRMAN 1.00 X 0 0 0 JOHN BLACKBURN PRESIDENT 1.00 X X 0 0 0 CHRIS BYARS SECRETARY / TREASURER 1.00 X X 0 0 0 DIANNE BAILEY TRUSTEE 1.00 X 0 0 0 PHILLIP MCWANE TRUSTEE 1.00 X 0 0 0 CHIP WILLIAMSON TRUSTEE 1.00 X 0 0 0 PETER LARKIN TRUSTEE 1.00 X 0 0 0 CALDWELL ROSE TRUSTEE 1.00 X 0 0 0 JANE SPILMAN TRUSTEE 1.00 X 0 0 0 DUDLEY WHITE TRUSTEE 1.00 X 0 0 0 0 0 0 false false false 414627 10205 414627 58423 0 58423 389406 386727 2679 2679 0 0 2679 475729 0 0 61102 284102 284102 2425 0 2425 0 18226 0 18226 0 962 0 962 0 8133 8133 0 0 1200 0 1200 0 LICENSES AND FEES 202 202 0 0 POSTAGE 176 176 0 0 BANK FEES 23 0 23 0 CONTRACT SERVICES 600 600 0 0 316049 293213 22836 0 310416 317018 1719842 2175050 2030258 2492068 0 0 X 2030258 2492068 2030258 2492068 2030258 2492068 159680 302130 X false false false X 0 324095 380782 414627 1119504 0 0 324095 380782 414627 1119504 0 1119504 10182 24430 58423 93035 0 0 1212539 X 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true SCHOLARSHISPS TO STUDENTS ENROLLED IN GRADUATE, UNDERGRADUATE DEGREES OR VACATIONAL TRAINING 77 284102 Pt I Line 2 THE LINVILLE FOUNDATION HAS POLICIES AND PROCEDURES IN PLACE TO ENSURE THAT SCHOLARSHIP AWARDS ARE USED FOR THEIR INTENDED PURPOSE. TO BE CONSIDERED FOR A SCHOLARSHIP, APPLICANTS MUST SUBMIT PROOF OF ENROLLMENT OR ACCEPTANCE WITH THEIR APPLICATION. IN ADDITION, THE FOUNDATION MAINTAINS CONTACT WITH AWARD RECIPIENTS THROUGHOUT THE YEAR TO VERIFY THEIR ACADEMIC PROGRESS Pt VI, Line 11b THE BOARD OF TRUSTEES REVIEWS THE 990 BEFORE FILING Pt VI, Line 12c THE FOUNDATION'S CONFLICTS OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION (INTERESTED PERSONS). ALL INTERESTED PERSONS ARE REQUIRED TO DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST THAT ARISE. THE BOARD OF DIRECTORS DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS AFTER REVIEWING THE MATTER WITH THE INTERESTED PERSON. ANY INTERESTED PERSON WHO ENGAGES IN A TRANSACTION THAT CREATES A CONFLICT OF INTEREST IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THE TRANSACTION WHENEVER THERE IS A VIOLATION OF THE CONFLICTS OF INTEREST POLICY, THE BOARD OF DIRECTORS INFORMS THE INTERESTED PERSON ABOUT THE CONFLICT AND TAKES APPROPRIATE CORRECTIVE ACTION. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR CONDUCTING PERIODIC REVIEWS TO ENSURE COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY. Pt VI, Line 15a THE BOARD OF DIRECTORS DETERMINES ANY PAY THAT THE DIRECTOR, OFFICERS OR ANY EMPLOYEE MAY RECEIVE.