2016-08-19T08:09:49-05:00 2015-12-31 201695613 BOLLENBACHER AND ASSOCIATES LLC 915 N MERIDIAN STREET PO BOX 702 PORTLAND IN 47371 990 2015-01-01 352019497 THE PORTLAND FOUNDATION INC PORT 2607264260 112 EAST MAIN STREET PORTLAND IN 47371 DOUGLAS L INMAN EXECUTIVE DIRECTOR 2607264260 2016-08-12 1 SCOTT A BOLLENBACHER CPA P00401897 2607264207 2016-08-12 2015 2016-12-15 16:53:06Z DOUGLAS L INMAN 112 EAST MAIN STREET PORTLAND IN 47371 1193957 0 X WWW.PORTLANDFOUNDATION.ORG X 1997 IN ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT 9 9 4 0 0 0 1718862 820716 0 0 306569 373241 0 0 2025431 1193957 942055 1042145 0 0 62654 63087 0 0 2093 88904 86421 1093613 1191653 931818 2304 12025500 11566441 0 0 12025500 11566441 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT 0 0 1145786 1042145 THE PORTLAND FOUNDATION ADMINISTERS APPROXIMATELY 100 SEPARATE SCHOLARSHIP TRUSTS ESTABLISHED FOR THE PROVISION OF STUDENT SCHOLARSHIPS IN AND AROUND JAY COUNTY INDIANA. THE FOUNDATION ENSURES SPECIFIC GUIDELINES ESTABLISHED BY EACH SCHOLARSHIP TRUST ARE FOLLOWED IN AWARDING SCHOLARSHIPS TO BETTER THE COMMUNITY. ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT 1145786 1 1 0 0 0 1 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X DOUGLAS L INMAN 2607264260 112 EAST MAIN STREET PORTLAND IN 47371 DAVID FULLENKAMP DIRECTOR 1.00 X 0 0 0 JOHN MOORE DIRECTOR 1.00 X 0 0 0 ROB PENROD DIRECTOR 1.00 X 0 0 0 ROBIN ALBERSON DIRECTOR 1.00 X 0 0 0 RON LAUX DIRECTOR 1.00 X 0 0 0 TAMMY HANLIN DIRECTOR 1.00 X 0 0 0 DEAN JETTER PRESIDENT 1.00 X 0 0 0 DOUGLAS L INMAN EXECUTIVE DIREC 40.00 X 38904 0 0 PAT BENNETT VICE PRESIDENT 1.00 X 0 0 0 REX JOURNAY SECRETARY/TREASURER 1.00 X 0 0 0 38904 0 0 0 0 0 0 0 820716 820716 373241 373241 1193957 0 0 373241 916364 916364 125781 125781 38904 19452 19452 13159 8126 5033 7041 3542 3499 3983 2110 1873 2949 2949 14972 14972 49527 49527 2040 1059 981 2136 2136 3440 3440 1547 1547 1003 1003 LILLY SCHOLARSHIP 1904 1904 UTILITIES 1493 1493 MAINTENANCE 1470 1470 PRINTING 1112 1112 2828 2828 1191653 1145786 43774 2093 12025500 11566441 12025500 11566441 0 0 X -362499 -819325 2094523 1271574 10293476 11114192 12025500 11566441 12025500 11566441 X 2304 -499177 37814 X X 0 1 X 1 0 X X X 1 THE PORTLAND FOUNDATION 356028362 8 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5 0 1000 25216 1 1 13513471 820716 -125936 1176726 190383 12841142 12313367 1718862 656011 974605 200164 13513471 10891395 351915 1565334 315176 180101 12313367 9561796 705591 1000235 229494 146733 10891395 9788046 192304 -99770 176924 141860 9561796 1 0 0 FMB-MUTUAL FUNDS 4690658 F FMB-SAVINGS AND TEMP CASH 513811 F RJ-SAVINGS & TEMP CASH 5495 F MAINSOURCE-CORP BONDS 7613 F MAINSOURCE-MUTUAL FUNDS 4901265 F MAINSOURCE-COMMON STOCK 255551 F MAINSOURCE-SAVINGS AND TEMP CASH 50374 F RJ-ALTERNATIVE INVESTMENTS 12929 F RJ-MUTUAL FUNDS 226693 F FEG HEDGE FUNDS 513413 F MAINSOURCE-ALTERNATIVE INVESTMENTS 388639 F 11566441 X 732594 -499177 37814 -461363 1193957 0 1193957 1191653 0 1191653 0 1191653 PART V, LINE 4: ENDOWMENTS HELD ARE USED FOR SCHOLARSHIPS AND THE BETTERMENT OF JAY COUNTY PART X, LINE 2: MANAGEMENT EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2015, THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. PART XI, LINE 2D - OTHER ADJUSTMENTS: TRANSFER PORTLAND FOUNDATION - TRUST 35-6028362 SCHEDULE D PART XI LINE 2D OTHER ADJUSTMENTS SCHEDULE D PART XI LINE 2D: TRANSFER OF FUNDS TO PORTLAND FOUNDATION (TRUST) EIN: 35-6028362 1 ARTS PLACE 131 E WALNUT STREET PORTLAND IN 47371 501(C)(3) 6849 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT ASBURY UNITED METHODIST CHURCH 204 E ARCH PORTLAND IN 47371 501(C)(3) 37999 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT CITY OF PORTLAND MERIDIAN STREET PORTLAND IN 47371 534502 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT JAY RANDOLPH DEVELOPMENTAL SERVICES 901 E WATER STREET PORTLAND IN 47371 501(C)(3) 15441 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT JAY COMMUNITY CENTER 115 E WATER STREET PORTLAND IN 47371 501(C)(3) 49123 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT JAY COUNTY HISTORICAL SOCIETY 903 E MAIN STREET PORTLAND IN 47371 501(C)(3) 14459 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT YOUTH SERVICE BUREAU 603 W ARCH STREET PORTLAND IN 47371 501(C)(3) 5799 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT JAY COUNTY PUBLIC LIBRARY 315 N SHIP STREET PORTLAND IN 47371 501(C)(3) 18936 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT JAY COUNTY SCOUT FACILITIES INC 603 W WALNUT STREET PORTLAND IN 47371 501(C)(3) 12631 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT JAYLAND HOMELESS SHELTER 119 E NORTH STREET PORTLAND IN 47371 501(C)(3) 6200 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT 9 1 SCHOLARSHIPS 76 125781 PART I, LINE 2: WHEN A GRANT IS AWARDED TO A NOT-FOR-PROFIT ORGANIZATION, THE FOUNDATION HAS PROCEDURES IN PLACE TO ENSURE PROPER USAGE OF THE GRANT FUNDS. THE RECIPIENT ORGANIZATION MUST SHOW PROOF OF EXPENDITURE FOR THE PROJECT, AND THEN MUST SIGN A GRANT AGREEMENT, WHEREBY THEY AGREE TO USE THE GRANT FUNDS ONLY FOR THE PROJECT FOR WHICH THE GRANT WAS AWARDED. ONCE THE GRANT FUNDS ARE EXPENDED, THE RECIPIENT ORGANIZATION MUST COMPLETE A WRITTEN FINAL GRANT REPORT, WHICH DETAILS THE USAGE OF THE GRANT FUNDS. FINALLY, THE FOUNDATION CONDUCTS ON-SITE VISITS WITH RECIPIENT ORGANIZATIONS AS A WAY TO FURTHER ENSURE PROPER USAGE OF GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEW THE TAX RETURN ANNUALLY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH MEMBER TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR. THIS IS BASED ON COMPARABILITY, CONTUNATION OF EMPLOYMENT, ETC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, POLICIES, AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9: TRANSFER PORTLAND FOUNDATION - TRUST 35-6028362 37,814. FORM 990, PART XII, LINE 2C: NO CHANGES