2016-04-20T13:20:03-05:00 2015-06-30 Thomas Howell Ferguson PA 2615 Centennial Blvd Suite 200 Tallahassee FL 32308 990 2014-07-01 596139568 Florida Bankers Educational Foundation % LESLEY JORDAN FLOR 8502242265 PO Box 1360 Tallahassee FL 323021360 LESLEY JORDAN cfo 8502242265 2016-01-28 true Stacey T Kolka P01371120 8506688100 2016-02-12 2014 2016-08-17 19:52:53Z Leticia Newton PO Box 1360 TALLAHASSEE FL 32302 2391325 false X www.floridabankers.com X 1956 FL IT IS THE MISSION OF THE FLORIDA BANKERS EDUCATIONAL FOUNDATION TO SERVE AS A FINANCIAL RESOURCE FOR FLORIDA COLLEGE STUDENTS SEEKING A CAREER IN BANKING. 8 8 0 6 0 36526 90889 0 0 255066 245642 10648 7357 302240 343888 16841 24326 0 0 62629 64860 0 0 0 24732 26357 104202 115543 198038 228345 2032174 2073612 51562 54681 1980612 2018931 IT IS THE MISSION OF THE FLORIDA BANKERS EDUCATIONAL FOUNDATION TO SERVE AS A FINANCIAL RESOURCE FOR FLORIDA COLLEGE STUDENTS SEEKING A CAREER IN BANKING. false false 81081 90889 THE FOUNDATION GRANTS SCHOLARSHIP/LOAN ASSISTANCE TO COLLEGE STUDENTS WHO INTEND TO PURSUE A CAREER IN BANKING. ALL LOANS GRANTED CONTAIN A FORGIVENESS FEATURE WHICH STATES THAT AFTER A STUDENT GRADUATES FROM COLLEGE, THE LOAN WILL BE FORGIVEN IF THE GRADUATE COMPLETES ONE YEAR OF FULL-TIME CONTINUOUS EMPLOYMENT WITH A FLORIDA BANK. IN 2014-2015, THE FOUNDATION GRANTED 9 SCHOLARSHIPS/LOANS FOR $30,750 AND FORGAVE 5 SCHOLARSHIPS/LOANS FOR $22,421. 81081 true true false false false false false false true false false false false false true true false false false false false false false false false false false true true false false false false false false false false false false false false false true false false false true X 0 0 0 false false false false false true true false false false false false false false X 8 8 false false true false false true false true true false false false true true true true true true false false X LESLEY JORDAN 8502242265 1001 THOMASVILLE ROAD SUITE 201 TALLAHASSEE FL 32302 DONNIE GAY Trustee 0.25 0.0 X 0 0 0 MICHAEL ALOIAN Trustee 0.25 0.0 X 0 0 0 DANIEL LIPE VICE CHAIRMAN 0.5 0.0 X X 0 0 0 EMORY MAYFIELD Trustee 0.25 0.0 X 0 0 0 WILLIAM PENNEY CHAIRMAN 0.5 0.0 X X 0 0 0 Joseph Dorsey Trustee 0.25 0.0 X 0 0 0 W Ben Flowers Trustee 0.25 0.0 X 0 0 0 BETHANY CORUM Trustee 0.25 0.0 X 0 0 0 LETICIA NEWTON Executive Director 40.0 0.0 X 47493 0 11900 LESLEY JORDAN TREASURER 5.0 40.0 X 0 154517 31008 PAM RICCO STAFF LIASON 5.0 40.0 X 0 211021 38715 47493 365538 81623 0 false true false 0 90889 90889 0 33957 33957 0 0 0 0 0 2252369 2040684 211685 211685 211685 14110 6753 7357 7357 0 0 0 343888 252999 0 24326 24326 0 0 60465 45349 15116 0 0 151 113 38 500 375 125 3744 2808 936 0 0 9581 9581 0 0 4777 4777 0 0 1184 888 296 0 0 5944 4275 1669 0 0 0 0 0 0 975 731 244 MISCELLANEOUS 3566 1950 1616 BAD DEBT EXPENSE 266 266 MEALS AND ENTERTAINMENT 64 64 115543 81081 34462 0 4652 5374 39285 224081 266 0 2130 105 0 0 0 0 0 0 0 0 301 349 0 1970540 1825358 0 0 0 0 0 0 15000 18345 2032174 2073612 51562 54681 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51562 54681 X 1880612 1918931 100000 100000 0 0 1980612 2018931 2032174 2073612 228345 -190026 X false true X true false X X X 1 FLORIDA BANKERS ASSOCIATION 591398673 9 true 81081 0 1 81081 0 true false true true true false false false false false false false false false false false false true false Part IV, Line 3b and 3c The supporting organization's governing documents state that it is the responsibility of the board of trustees to solicit and administer all funds. The board of trustees regularly monitors the status of the recipient and the supported organization's expenditures by keeping a copy of the IRS determination letter, the tax returns of the supported organization, and constant communication with the supported organization to ensure that the assets were used solely for charitable purposes. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1358526 54000 1342 1413868 1357252 1274 1358526 1315724 40000 1528 1357252 1313899 1825 1315724 1312468 1431 1313899 1.00000 false false 0 0 X 160615 -190026 6753 -183273 343888 343888 122296 6753 6753 115543 115543 PART V, LINE 4 THE ENDOWED SCHOLARSHIPS BENEFIT CURRENT AND FUTURE GENERATIONS OF BANKERS SEEKING TO COMPLETE THEIR COLLEGE DEGREE IN FLORIDA. RECIPIENTS MUST BE ENROLLED AT ONE OF THE FLORIDA BANKERS EDUCATIONAL FOUNDATION'S PARTICIPATING UNIVERSITIES OR COLLEGES AND PURSUE A BANKING-RELATED MAJOR. FOLLOWING GRADUATION, STUDENTS MUST COMPLETE ONE YEAR OF CONTINUOUS FULL-TIME EMPLOYMENT WITH A FLORIDA BANK. PART X, LINE 2 With few exceptions, the foundation is no longer subject to examinations by major tax jurisdictions for years ended June 30, 2010 and prior. PART XI, LINE 2D FUNDRAISING EXPENSES: $7,517 Fundraising Expenses are recorded as expenses on the audited financial statements. However, for tax return presentation purposes, these fundraising expenses reduce fundraising income and are recorded on the statement of revenues, part VIII. Part XII, Line 2D FUNDRAISING EXPENSES: $7,517 Fundraising Expenses are recorded as expenses on the audited financial statements. However, for tax return presentation purposes, these fundraising expenses reduce fundraising income and are recorded on the statement of revenues, part VIII. true SCHOLARSHIPS FOR BANKING STUDENTS 9 24326 PART I Line 2 FLORIDA BANKERS EDUCATIONAL FOUNDATION HAS AN INTERNAL COMMITTEE THAT REVIEWS THE APPLICATIONS AND EXPENDITURES FOR COMPLIANCE WITH STATED REQUIREMENTS. X false false false false false false false false false LESLEY JORDAN TREASURER 0 111823 0 42146 0 548 0 25610 0 5398 0 185525 0 0 PAM RICCO STAFF LIASON 0 152629 0 54495 0 3897 0 33478 0 5237 0 249736 0 0 Part I, line 3 THE FOUNDATION COMPENSATION PACKAGES ARE APPROVED BY THE CEO OF FLORIDA BANKERS ASSOCIATION AND INCLUDED IN THE ANNUAL BUDGET OF THE ORGANIZATION. THE FOUNDATION'S ANNUAL BUDGET IS APPROVED EACH YEAR BY THE BOARD OF TRUSTEES. PART V: Statements Regarding Other IRS Filings & Tax Compliance LINE 2A PER IRC SECTION 3121, IF TWO OR MORE RELATED CORPORATIONS CONCURRENTLY EMPLOY THE SAME INDIVIDUAL AND COMPENSATE SUCH INDIVIDUAL THROUGH A COMMON PAYMENT EACH CORPORATION SHALL BE CONSIDERED TO HAVE PAID AS REMUNERATION TO SUCH INDIVIDUAL ONLY THE AMOUNTS ACTUALLY DISBURSED. PART VI: Governance, Management, & Disclosure Section A, Line 4 THE FOUNDATION MADE A CHANGE in its investment policy. Line 7A THE FLORIDA BANKERS ASSOCIATION, INC., A RELATED ORGANIZATION, APPROVES THE BOARD OF TRUSTEES FOR THE FLORIDA BANKERS EDUCATIONAL FOUNDATION. Section B, Line 11B The form 990 and accompanying schedules are prepared by an independent accounting firm. The foundation reviews the form 990 and accompanying schedules. All questions and issues are resolved with the independent accounting firm prior to filing with the internal revenue service center. Line 12C THE FOUNDATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES THE BOARD OF TRUSTEES TO ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF THEMSELVES AND THEIR FAMILY MEMBERS ON A FORM DISTRIBUTED BY THE FOUNDATION. THE CHIEF FINANCIAL OFFICER ENSURES THAT ALL FORMS ARE COMPLETED, REVIEWS THEM FOR CONFLICTS, AND SUBMITS ACTUAL OR POTENTIAL CONFLICTS TO THE BOARD FOR REVIEW. Lines 15a & 15b THE FOUNDATION COMPENSATION PACKAGES ARE APPROVED BY THE CEO OF FLORIDA BANKERS ASSOCIATION AND INCLUDED IN THE ANNUAL BUDGET OF THE ORGANIZATION. THE FOUNDATION'S ANNUAL BUDGET IS APPROVED EACH YEAR BY THE BOARD OF TRUSTEES. Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THREE MOST CURRENT YEARS OF FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FLORIDA BANKERS ASSOCIATION INC PO BOX 1360 TALLAHASSEE FL 32302 591398673 TRADE ASSOC. FL 501(c)(6) NO NA false false false false false false false false false false false false false true true true true false false false FLORIDA BANKERS ASSOCIATION INC M,N,O IN-KIND FLORIDA BANKERS ASSOCIATION INC P 52041 ACTUAL