2016-04-06T10:54:44-05:00 2015-05-31 BKD LLP 190 E Capitol Street Ste 500 Jackson MS 392012190 990 2014-06-01 640918136 RTS Foundation Inc % E BRADLEY TISDALE RTSF 6019231600 5422 Clinton Boulevard Jackson MS 39209 E BRADLEY TISDALE Treasurer 6019231600 2016-01-15 true Penny Wood CPA P00328157 6019486700 2016-01-15 2014 2016-08-17 19:52:53Z Lynwood C Perez 1231 Reformation Drive Oviedo FL 32765 235288 false X www.rtsplannedgiving.org X 1999 MS To support the mission of Reformed Theological Seminary (RTS), by providing assistance to friends of RTS as they consider giving to this ministry. 12 12 0 0 0 45334 25127 0 0 6986 15096 29004 25030 81324 65253 53450 22000 0 0 0 0 0 0 29036 32807 29036 86257 51036 -4933 14217 566529 592350 0 0 566529 592350 THE MISSION OF THE RTS FOUNDATION IS TO SERVE THOSE WHO SHARE WITH REFORMED THEOLOGICAL SEMINARY THE VISION OF PROVIDING EVANGELICAL BIBLICAL AND THEOLOGICAL EDUCATION IN THE REFORMED TRADITION FOR THE PURPOSE OF PREPARING PASTORS, MISSIONARIES, COUNSELORS AND OTHER CHURCH LEADERS FOR SERVICE TO THE CHURCH THROUGHOUT THE WORLD BY ASSISTING DONORS IN MAXIMIZING THEIR GIVING TO SUPPORT REFORMED THEOLOGICAL SEMINARY WHILE AT THE SAME TIME PROVIDING MAXIMUM BENEFIT TO THEMSELVES AND THEIR FAMILIES. THE MOST ADVANCED TOOLS OF ESTATE AND GIFT PLANNING ARE EMPLOYED UTILIZING METHODS OF INCREASING GIVING, MAXIMIZING TAX SAVINGS AND OFTEN TO INCREASE LIFETIME INCOME. THE ULTIMATE MISSION OF THE RTS FOUNDATION IS TO SERVE CHRIST THROUGH THE MINISTRY OF REFORMED THEOLOGICAL SEMINARY BY SERVING ITS FRIENDS AND SUPPORTERS. false false 22000 22000 The Foundation's purposes are exclusively for religious, charitable, scientific, literary and/or educational purposes within the meaning of IRC section 501(C)(3). The Foundation provided grants to Reformed Theological Seminary and other eligible 501(c)(3) exempt organizations approved by the Foundation's board of trustees. 22000 true true false false false true false false false true false false false false false true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 12 12 false false false false false false false true false false false true true true true true true false false false AK AR CA CO DC KY ME MD MA MI MN NH NJ NY OH OK OR SC WA WV WI X E BRADLEY TISDALE 6019231600 5422 CLINTON BOULEVARD Jackson MS 39209 BF Bracy Trustee - Chairman 1.0 1.0 X X 0 0 0 Collie W Lehn Trustee 1.0 1.0 X 0 0 0 David Lucas Trustee 1.0 1.0 X 0 0 0 James L Moore Trustee 1.0 1.0 X 0 0 0 Donald G Breazeale Trustee 1.0 1.0 X 0 0 0 Larry W Edwards Trustee 1.0 1.0 X 0 0 0 Richard L Ridgway Trustee 1.0 1.0 X 0 0 0 George R Fair Trustee 1.0 1.0 X 0 0 0 Willam M Mounger II Trustee 1.0 1.0 X 0 0 0 Roderick Russ III Trustee - Secretary 1.0 1.0 X X 0 0 0 J Scott Redd SR Trustee 1.0 1.0 X 0 0 0 Paul A Hurst III Trustee 1.0 1.0 X 0 0 0 E Bradley Tisdale Treasurer 1.0 50.0 X 0 112023 21330 Lynwood C Perez President 1.0 50.0 X 0 119955 12946 J Ligon Duncan III Vice President 1.0 50.0 X 0 270043 38738 Robert C Cannada Jr Former Vice President 0.0 25.0 X 0 101006 6947 0 603027 79961 0 true true false 0 25127 8877 25127 0 10258 10258 0 0 0 0 0 174873 170035 4838 4838 4838 0 0 0 SERVICE FEE 900099 25030 25030 25030 65253 25030 0 15096 22000 22000 0 0 0 0 0 0 0 0 0 0 5482 5482 2030 2030 0 0 4006 4006 0 0 15628 15628 0 0 0 0 0 0 0 0 0 0 DUES & SUBSCRIPTIONS 1890 1890 51036 22000 0 29036 3775 2575 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 562754 589775 0 0 0 0 0 0 0 0 566529 592350 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16319 15397 450210 476953 100000 100000 566529 592350 566529 592350 14217 11604 X false true X true false X X X 7 REFORMED THEOLOGICAL SEMINARY 640428676 2 true 15500 0 CHRIST COVENANT CHURCH 561581434 1 false 3200 0 SENAI INTERNATIONAL INC 262607296 9 false 1000 0 SILENT IMAGES INC 331164224 9 false 500 0 YOUTH WITH A MISSION 391624189 9 false 300 0 SIM USA 221936391 1 false 1000 0 WITH OPEN EYES FOUNDATION 262753084 7 false 500 0 7 22000 false false false false false false false false false false false false false false false true true Section A, Line 1: RTS Foundation is a supporting organization that is operated, supervised, Section B, Line 2: RTS Foundation supports the purpose and mission of RTS by providing RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 20384 11000 472005 true true 546257 14950 26919 8000 4560 575566 519630 13765 30049 13000 4187 546257 450386 55520 32320 15000 3596 519630 354082 100000 18266 18500 0 3462 450386 381005 0 41020 64250 0 3693 354082 0.18200 0.81800 false false 0 0 X 72851 11604 -4006 7598 65253 65253 47030 47030 4006 4006 51036 Part V, Line 4: THE INTENDED USE OF THE FOUNDATION'S ENDOWMENT FUNDS IS TO MAKE DISTRIBUTIONS TO OR FOR THE USE OF ORGANIZATIONS EXEMPT AT THE TIME UNDER SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE (AS AMENDED), UNLESS SUCH ORGANIZATIONS' PURPOSES OR ACTIVITIES ARE ANTITHETICAL TO OR IN CONFLICT WITH THE GOSPEL OF JESUS CHRIST, AS DETERMINED BY THE CORPORATION. Part X, Line 2: The consolidated financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of May 31, 2015 and 2014, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. Part XI, Line 2d: Investment expenses netted with investment income on audited financial statements but included with expenses on Form 990 - ($4,006). Part XII, Line 4b: Investment expenses netted with investment income on audited financial statements but included with expenses on Form 990 - $4,006 true Reformed Theological Seminary 5422 Clinton Blvd Jackson MS 39209 640428676 501(c)(3) 15500 General Operations 1 Part I, Line 2: Recipient organizations of grant funds are investigated by RTS Development staff and approved by the RTS Foundation board before they are disbursed. This policy ensures that all grant funds are utilized in accordance with the RTS Foundation's mission and purpose. false false false false false false false false false Robert C Cannada Jr Former Vice President 0 57725 0 281 0 43000 0 5905 0 1042 0 107953 0 0 J Ligon Duncan III Vice President 0 209779 0 264 0 60000 0 21576 0 17162 0 308781 0 0 Form 990, Page 6, Part VI, Section A, Line 8b: The RTS Foundation has no other committees besides the governing board of directors. Form 990, Page 6, Part VI, Section B, Line 11b: A meeting is held by the Audit/Finance committee of RTS to allow committee members to discuss the return and ask any questions. After discussion/revisions have occurred, the returns are recommended to the executive committee for review and approval to be filed. The Form 990 is also provided to all board members for review prior to filing with the IRS. Form 990, Page 6, Part VI, Section B, Line 12c: The Board on an annual basis discloses related party transactions that could give rise to conflicts. These transactions are discussed and recorded in the minutes of the Board meetings for Reformed Theological Seminary. Persons with a conflict are prohibited from participating in the Board's deliberations and decisions regarding the transaction. Form 990, Page 6, Part VI, Section B, Line 15: Compensation is not paid to any officer, director, or key employee of the organization but is paid by Reformed Theological Seminary. The Executive Committee (a subcommittee of 12 members of the Board of Directors of Reformed Theological Seminary) reviews and approves the total compensation of all officers of the seminary and the foundation on an annual basis. The total average compensation from annual surveys of U.S. schools that are members of the Association of Officer Compensation, as well as other market factors such as degrees, designations, years of experience, previous employment relationships and compensation levels. Form 990, Page 6, Part VI, Section C, Line 19: RTS Foundation makes its financial statements, governing documents (articles of incorporation and bylaws), and conflict of interest policy available to the public upon request. Reformed Theological Seminary 5422 Clinton Blvd Jackson MS 39209 640428676 Religious Ed MS 501(c)(3) 2 NA false false true false false false false false false false false false false true false false false true false false