2016-07-05T11:34:30-05:00 2015-12-31 541967771 CAVANAUGH NELSON PLC 999 WATERSIDE DRIVE SUITE 2250 NORFOLK VA 23510 990 2015-01-01 651317338 FOUNDATION REALTY FOUN 7576227951 101 W MAIN STREET NO 4500 NORFOLK VA 23510 TIM MCCARTHY CFO 7576227951 2016-07-05 1 MARK A NELSON P00358004 7575784900 2015 2016-09-27 15:27:22Z TIM MCCARTHY 101 W MAIN STREET NO 4500 NORFOLK VA 23510 243570 0 X N/A X 2007 VA TO ACCEPT AND CONVERT CONTRIBUTIONS OF REAL PROPERTY TO OTHER INVESTMENT ASSETS FOR THE BENEFIT OF THE SUPPORTED ORGANIZATION'S CHARITABLE PURPOSE. 18 18 0 0 0 0 0 0 0 0 240913 243570 0 0 240913 243570 0 0 0 0 0 0 0 0 0 256025 292025 256025 292025 -15112 -48455 1754013 1753988 2112 2112 1751901 1751876 TO ACCEPT AND CONVERT CONTRIBUTIONS OF REAL PROPERTY TO OTHER INVESTMENT ASSETS FOR THE BENEFIT OF THE SUPPORTED ORGANIZATION'S CHARITABLE PURPOSE. 0 0 292000 TO ACCEPT AND CONVERT CONTRIBUTIONS OF REAL PROPERTY TO OTHER INVESTMENT ASSETS FOR THE BENEFIT OF THE SUPPORTED ORGANIZATION'S CHARITABLE PURPOSE. 292000 1 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X X HAMPTON ROADS COMMUNITY FOUNDATION 7576227951 101 W MAIN STREET SUITE 4500 NORFOLK VA 23510 HARRY T LESTER DIRECTOR 0.50 X 0 0 0 JOHN O WYNNE DIRECTOR & CHAIRMAN 0.50 X X 0 0 0 JANE P BATTEN DIRECTOR 0.50 X 0 0 0 PAUL O HIRSCHBIEL JR DIRECTOR 0.50 X 0 0 0 LD BRITT MD DIRECTOR 0.50 X 0 0 0 LOUIS F RYAN DIRECTOR 0.50 X 0 0 0 JOHN F MALBON DIRECTOR 0.50 X 0 0 0 JODY M WAGNER DIRECTOR & TREASURER 0.50 X X 0 0 0 MACON F BROCK DIRECTOR 0.50 X 0 0 0 ANDREW S FINE DIRECTOR 0.50 X 0 0 0 GILBERT T BLAND DIRECTOR 0.50 X 0 0 0 R BRUCE BRADLEY DIRECTOR & VICE CHAIR 0.50 X X 0 0 0 VINCENT J MASTRACCO DIRECTOR 0.50 X 0 0 0 CHARLES W MOORMAN DIRECTOR 0.50 X 0 0 0 DEBORAH M DICROCE DIRECTOR & SECRETARY 40.00 X X 0 275578 41731 SUSAN R COLPITTS DIRECTOR 0.50 X 0 0 0 SHARON S GOODWYN DIRECTOR 0.50 X 0 0 0 SUZANNE PURYEAR DIRECTOR 0.50 X 0 0 0 TIM MCCARTHY CHIEF FINANCIAL OFFICER 40.00 X 0 100620 19089 SALLY HARTMAN VP FOR COMMUNICATIONS 40.00 X 0 108283 8019 LINDA M RICE VP FOR GRANT MAKING & COMMUNITY INVOLVEMENT 40.00 X 0 160098 10479 KAY A STINE VP FOR DEVELOPMENT 40.00 X 0 106486 7196 0 751065 86514 0 0 1 0 0 243570 243570 243570 0 0 243570 FUNDS TO SUPPORTED ORG 292000 292000 LICENSE AND FEES 25 25 292025 292000 25 0 1013 988 1753000 1753000 1754013 1753988 2112 2112 2112 2112 X 1751901 1751876 1751901 1751876 1754013 1753988 -48455 48430 0 X X 0 1 X 1 0 X X X 1 THE HAMPTON ROADS COMMUNITY FOUNDATION 542035996 8 1 292000 0 1 292000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 INVESTMENT IN REAL ESTATE PARTNERSHIP 1753000 F 1753000 DUE TO SUPPORTED ORGANIZATION (HRCF) 2112 2112 X PART X, LINE 2: FOUNDATION REALTY (FR) IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE.CURRENTLY, FR HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. FR BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FILED BY FR IS GENERALLY NOT SUBJECT TO EXAMINATION BY THE IRS FOR RETURNS FILED PRIOR TO 2012. 0 0 0 0 0 0 0 0 0 DEBORAH M DICROCE DIRECTOR & SECRETARY 0 275578 0 0 0 0 0 25000 0 16731 0 317309 0 0 LINDA M RICE VP FOR GRANT MAKING & COMMUNITY INVO 0 160098 0 0 0 0 0 0 0 10479 0 170577 0 0 PART II: THE ABOVE ARE EMPLOYED BY HAMPTON ROADS COMMUNITY FOUNDATION, THE ORGANIZATION SUPPORTED BY FOUNDATION REALTY. THE INDIVIDUALS SERVE BOTH ENTITIES. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS PROVIDED TO ALL DIRECTORS PRIOR TO FILING. UPON RECEIVING THE COPY OF FORM 990, DIRECTORS ARE GIVEN A SPECIFIED TIME PERIOD DURING WHICH THEY CAN CONTACT THE ORGANIZATION'S CHIEF FINANCIAL OFFICER TO QUESTION OR COMMENT ON ANY ASPECT OF THE FORM. THE FORM IS ALSO REVIEWED BY THE AUDIT COMMITTEE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ON A YEARLY BASIS, EVERY EMPLOYEE, DIRECTOR, COMMITTEE MEMBER AND/OR OFFICER ("DISCLOSING PARTY") COMPLETES A DISCLOSURE STATEMENT WHICH ADDRESSES POSSIBLE CONFLICTS OF INTEREST. THE DISCLOSING PARTY MUST STATE ALL BUSINESS RELATIONSHIPS IN TO WHICH THAT PARTY OR THAT PARTY'S IMMEDIATE FAMILY MEMBER(S) HAVE ENTERED THAT MIGHT GIVE RISE TO A POSSIBLE CONFLICT WITH THE FOUNDATION. THE DISCLOSING PARTY MUST ALSO SET FORTH ALL RELATIONSHIPS WITH POTENTIAL GRANTEES BY LISTING ALL CHARITABLE OR CIVIC INVOLVEMENT IN WHICH THE PARTY HOLDS AN OFFICIAL POSITION SUCH AS A DIRECTOR OR TRUSTEE, AND ALL CHARITABLE AND CIVIC INVOLVEMENTS IN WHICH THE PARTY HOLDS AN UNOFFICIAL ROLE SUCH AS A VOLUNTEER, ADVISOR OR ADVOCATE. THE DISCLOSING PARTY IS ALSO REMINDED THAT IF AT ANY TIME HE OR SHE BECOMES AWARE OF ANY CONFLICT OF INTEREST, THAT CONFLICT MUST BE DISCLOSED AND ABSTENTION FROM VOTING SHOULD FOLLOW IF APPROPRIATE. A LIST OF DISCLOSED POSSIBLE CONFLICTS OF INTEREST OF BOTH DIRECTORS AND STAFF MEMBERS IS DISTRIBUTED AT THE BOARD OF DIRECTORS REGULARLY SCHEDULED MEETINGS TO SERVE AS A REMINDER TO ALL PRESENT. FURTHER, IF A BUSINESS RELATIONSHIP CONFLICT OF INTEREST EXISTS PURSUANT TO POLICY DEFINITION, THE DISCLOSING PARTY, IF A DIRECTOR, MAY NOT BE PRESENT FOR DEBATE AND MUST ABSTAIN FROM VOTING ON ANY ACTION RELATING TO THAT RELATIONSHIP. IF A CONFLICT OF INTEREST EXISTS WITH A POTENTIAL GRANTEE, THE DISCLOSING PARTY, IF A DIRECTOR, MAY BE PRESENT FOR DEBATE BUT SHALL ABSTAIN FROM VOTING ON ANY ACTION RELATING TO THAT GRANTEE. IF A CONFLICT WITH A POTENTIAL GRANTEE EXISTS BETWEEN A POTENTIAL GRANTEE AND STAFF MEMBER, THAT STAFF MEMBER MAY NOT SERVE AS PROGRAM OFFICER IN RELATION TO THAT GRANT AND THE DIRECTORS SHALL BE INFORMED OF THE CONFLICT AT THE TIME THE GRANT APPLICATION IS BEING CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE FOR VIEWING ON THE HAMPTON ROADS COMMUNITY FOUNDATION'S WEBSITE (WWW.HAMPTONROADSCF.ORG). OUR GOVERNING DOCUMENTS AS WELL AS CONFLICT OF INTEREST POLICY, ARE AVAILABLE FOR PUBLIC VIEWING. FORM 990, PART XII, LINE 2C: FOUNDATION REALTY FINANCIAL INFORMATION IS INCLUDED IN THE AUDIT AND COMBINED FINANCIAL STATEMENTS OF HAMPTON ROADS COMMUNITY FOUNDATION. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HAMPTON ROADS COMMUNITY FOUNDATION 101 WEST MAIN STREET NORFOLK VA 23510 542035996 A PERMANENT EDOWMENT THAT MAKES GRANTS TO NONPROFIT ORGANIZATIONS. VA 501(C)(3) LINE 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 HAMPTON ROADS COMMUNITY FOUNDATION R 292000 CASH TRANSFER