2016-11-11T14:45:39-06:00 2016-06-30 201776739 JPMS COX PLLC 11300 CANTRELL ROAD SUITE 301 LITTLE ROCK AR 72212 990 2015-07-01 200575859 ARKANSAS GIFT FOUNDATION C/O ARKANSAS COMMUNITY FOUNDATION INC ARKA 5013721116 1400 WEST MARKHAM NO 206 LITTLE ROCK AR 72202 COREY MOLINE PRESIDENT 5013721116 2016-11-03 1 MICHELLE MANN P01064483 5012275800 2016-11-02 2015 2017-02-10 21:41:12Z COREY MOLINE 1400 WEST MARKHAM NO 206 LITTLE ROCK AR 72202 613021 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 -14722 -14722 5501560 416560 0 0 -218990 0 -8034 -45591 5274536 370969 12551 0 0 0 0 0 0 0 0 0 569 12551 569 5261985 370400 6991133 7290819 1500028 1500000 5491105 5790819 TO SUPPORT THE ARKANSAS COMMUNITY FOUNDATION AND TO CARRY OUT THE CHARITABLE AND PHILANTHROPIC PURPOSES THEREOF. 0 0 569 TO SUPPORT THE ARKANSAS COMMUNITY FOUNDATION AND TO CARRY OUT THE CHARITABLE AND PHILANTHROPIC PURPOSES THEREOF. 569 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 1 1 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 1400 WEST MARKHAM STE 206 LITTLE ROCK AR 72201 COREY MOLINE PRESIDENT 1.00 40.00 X X 0 108989 7356 HEATHER LARKIN SECRETARY 1.00 40.00 X X 0 166150 28439 TED BELDEN 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 275139 35795 0 0 1 0 0 416560 415000 416560 196461 242052 -45591 -45591 -14722 -30869 370969 0 -14722 -30869 414 414 ADMINISTRATIVE EXPENSES 155 155 569 569 0 0 76959 186554 7451000 346735 6914174 7104265 6991133 7290819 28 1500000 1500000 1500028 1500000 X 5491105 5790819 5491105 5790819 6991133 7290819 X 370400 -70686 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 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1230000 1230000 6221000 346735 5874265 7104265 NOTE PAYABLE 1500000 1500000 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 HEATHER LARKIN SECRETARY 0 166150 0 0 0 0 0 21650 0 6789 0 194589 0 0 X 1 415000 APPRAISED VALUE 1 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES A REAL ESTATE BROKER TO SELL REAL ESTATE GIFTS. FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT/CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER, RESPECTIVELY, 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 11 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 -70,686. ARKANSAS COMMUNITY FOUNDATION 1400 W MARKHAM STE 206 LITTLE ROCK AR 72201 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