2018-12-10T10:29:17-06:00 2018-06-30 731413977 HOGANTAYLOR LLP 11300 CANTRELL ROAD SUITE 301 LITTLE ROCK AR 72212 990 2017-07-01 200575859 ARKANSAS GIFT FOUNDATION C/O ARKANSAS COMMUNITY FOUNDATION INC ARKA 5013721116 5 ALLIED DRIVE NO 51110 LITTLE ROCK AR 72202 COREY MOLINE PRESIDENT 5013721116 2018-11-19 1 MICHELLE MANN P01064483 5012275800 2018-11-09 12.234.194.162 2018-11-19 10:43:17 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AEEAEEAA0479B19122EAC14597C879A9C576A2F9 2017 2019-02-21 02:37:17Z X COREY MOLINE 5 ALLIED DRIVE NO 51110 LITTLE ROCK AR 72202 285000 0 X N/A X 2003 AR TO SUPPORT THE ARKANSAS COMMUNITY FOUNDATION AND TO CARRY OUT THE CHARITABLE AND PHILANTHROPIC PURPOSES THEREOF. 5 3 0 0 0 0 520 285000 0 0 -77300 0 18413 0 -58367 285000 165536 0 0 0 0 0 0 0 0 15591 262214 181127 262214 -239494 22786 6980945 4224292 1500306 1500000 5480639 2724292 TO SUPPORT THE ARKANSAS COMMUNITY FOUNDATION AND TO CARRY OUT THE CHARITABLE AND PHILANTHROPIC PURPOSES THEREOF. 0 0 TO SUPPORT THE ARKANSAS COMMUNITY FOUNDATION AND TO CARRY OUT THE CHARITABLE AND PHILANTHROPIC PURPOSES THEREOF. 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 1 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AR X COREY MOLINE 5013721116 5 ALLIED DRIVE STE 51110 LITTLE ROCK AR 72202 COREY MOLINE PRESIDENT 1.00 40.00 X X 0 126700 20173 HEATHER LARKIN SECRETARY 1.00 40.00 X X 0 185124 42281 PHILLIP TAPPAN BOARD MEMBER 1.00 X 0 0 0 CAROLYN BLAKELY BOARD MEMBER 1.00 X 0 0 0 ROBERT ZUNICK BOARD MEMBER 1.00 X 0 0 0 0 311824 62454 0 0 1 0 0 285000 285000 285000 285000 0 0 0 400 400 5500 5500 214 214 49017 49017 154223 154223 9618 9618 MAINTENANCE 42221 42221 ADMINISTRATIVE EXPENSES 1021 1021 262214 0 262214 0 358889 250592 3973700 0 6622056 3973700 6980945 4224292 306 0 1500000 1500000 1500306 1500000 X 5480639 2724292 5480639 2724292 6980945 4224292 X 22786 -2779133 X 0 1 X 1 0 X X X 1 AR COMMUNITY FOUNDATION 521055743 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 942700 942700 3031000 3031000 3973700 NOTE PAYABLE 1500000 1500000 X PART X, LINE 2: THE FOUNDATION IS A PUBLICLY SUPPORTED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF STATE LAW. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 HEATHER LARKIN SECRETARY 0 185124 0 0 0 0 0 35148 0 7133 0 227405 0 0 X 1 285000 0 1 1 FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT/CHIEF EXECUTIVE OFFICER (HEATHER LARKIN) AND CHIEF FINANCIAL OFFICER (COREY MOLINE) OF THE ARKANSAS COMMUNITY FOUNDATION, TO WHICH THE FOUNDATION IS A SUPPORTING ORGANIZATION, SERVE AS BOARD MEMBERS OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DUTIES OF THE FOUNDATION ARE DELEGATED TO THE ARKANSAS COMMUNITY FOUNDATION, TO WHICH THE FOUNDATION IS A SUPPORTING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION BOARD HAS DELEGATED THE RESPONSIBILITY OF FORM 990 REVIEW TO THE FINANCE COMMITTEE OF ITS SUPPORTED ORGANIZATION, ARKANSAS COMMUNITY FOUNDATION. A DRAFT WAS PROVIDED TO EACH MEMBER OF THE FINANCE COMMITTEE BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY REQUIRES ALL BOARD MEMBERS, EMPLOYEES, AND ADVISORY BOARD VOLUNTEERS TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. ALL POTENTIAL CONFLICTS REPORTED ARE ANALYZED AND DISCLOSED IN AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 NO SALARIES ARE PAID BY THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION ADHERES TO THE POLICIES OF ARKANSAS COMMUNITY FOUNDATION, TO WHICH IT IS A SUPPORTING ORGANIZATION. ITS CONFLICT OF INTEREST POLICY AND OTHER POLICIES ARE POSTED ON THE ARKANSAS COMMUNITY FOUNDATION WEBSITE. GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE IN DEPRECIATION EXPENSE 154,223. BOOK/TAX DIFFERENCE IN RECORDING IMPAIRMENT LOSS -2,933,356. ARKANSAS COMMUNITY FOUNDATION 5 ALLIED DRIVE STE 51110 LITTLE ROCK AR 72202 521055743 MEETING GENERAL CHARITABLE NEEDS WITHIN THE STATE OF ARKANSAS AR 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 ARKANSAS COMMUNITY FOUNDATION N 0