2015-11-09T12:17:26-06:00 2014-12-31 742727133 Kirk Monroe & Klostermann LLP 1016 Santa Fe Suite 201 Corpus Christi TX 78404 990 2014-01-01 742190039 Coastal Bend Community Foundation COAS 3618829745 615 N Upper Broadway No 1950 Corpus Christi TX 784010720 Karen W Selim President and CEO 3618829745 2015-10-28 1 Phillip G Monroe CPA P00231323 3618827131 2014 2016-03-07 17:11:31Z Karen W Selim 615 N Upper Broadway No 1950 Corpus Christi TX 784010720 78338099 0 X www.cbcfoundation.org X 1980 TX To enhance the quality of life in the Coastal Bend area of Texas through charitable & educational grants. 25 24 9 0 0 -9830 9150795 8387415 3419 3993 3381130 2351491 817422 955981 13352766 11698880 3496537 5639888 0 0 407954 463018 0 0 94281 1419170 1458915 5323661 7561821 8029105 4137059 62744854 73115899 5749771 6504097 56995083 66611802 To enhance the quality of life in the Coastal Bend area of Texas through charitable and educational grants. 0 0 5375745 4029580 2983011 The Foundation makes grants to nonprofit organizations to improve the quality of life in the Coastal Bend area of Texas from unrestricted, field-of-interest, designated, special project and donor advised funds. One project fund provides bikes to needy children at Christmas time. In 2014, bicycles with kickstands and helmets were presented to needy children. Corpus Christi Police Department was provided with fitness equipment, training programs and honor guard uniforms as part of a fiscal sponsorship fund called Citizens in Support of Corpus Christi Police Department. Needy children were provided fitness and nutrition classes sponsored by the Kids Get Fit Fund. 941318 820311 279943 The Foundation provides scholarships and fellowships to students from the seven county area of the Coastal Bend of Texas in accordance with the terms of the approximately 100 scholarship and fellowship funds it holds. During 2014, 534 scholarships were awarded. 853914 789997 77757 The Foundation provides hardship grants for employees of one organization. These grant requests are reviewed on a case by case basis in accordance with the terms of the employee assistance fund agreements. During 2014, 948 grants were awarded and 39 grants were denied, cancelled or withdrawn. 7170977 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 X 92 0 1 9 1 1 1 1 CJ BD VI 0 0 0 1 1 0 0 0 0 0 0 0 X 25 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X X Beverly Harper 3618829745 615 N Upper Broadway Suite 1950 Corpus Christi TX 78401 Clare Atkinson Wonders Director 1.00 X 0 0 0 Nancy Johnson Bellows Director 1.00 X 0 0 0 Rumaldo Juarez Director 1.00 X 0 0 0 Ralph Gomez Director 1.00 X 0 0 0 Bill Maxwell Director 1.00 X 0 0 0 Jan G Anderson Director 1.00 X 0 0 0 Jonathan M Hornblower Director 1.00 X 0 0 0 Mike Carrell Director 1.00 X 0 0 0 Hank Nuss Director 1.00 X 0 0 0 Jack W Wright Director 1.00 X 0 0 0 Jon Whatley Director 1.00 X 0 0 0 Lou Adele May Director 1.00 X 0 0 0 William B Whitworth Director 1.00 X 0 0 0 Leah Pagan Olivarri Director 1.00 X 0 0 0 Kathleen M White Director 1.00 X 0 0 0 Laura Miller Director 1.00 X 0 0 0 Jennifer Vogt Director 1.00 X 0 0 0 Joe Henkel Director 1.00 X 0 0 0 Karen O'Connor Urban Director 1.00 X 0 0 0 Bobby Galvan Director 1.00 X 0 0 0 Ricki Cunningham Director 1.00 X 0 0 0 Robert Furguson Chairman 5.00 X X 0 0 0 Susan Hutchinson Vice Chairman 1.00 X X 0 0 0 Omar Leal Treasurer 1.00 X X 0 0 0 Larry Aduddell Secretary 1.00 X X 0 0 0 Karen Selim President & CEO 40.00 X 125000 0 18519 Susan Jackson Assistant Secretary/Direct 40.00 X 61700 0 15149 Beverly Harper Finance Director 40.00 X 76500 0 20142 263200 0 53810 1 0 0 0 0 380436 8006979 2617876 8387415 Tennis Match 900099 3071 3071 Asthma Camp 900099 750 750 Educational Maps/Books 900099 172 172 3993 915849 915849 180910 180910 112316 45859 66457 66457 66457 67930245 66494603 1435642 1435642 1435642 69511 380436 98757 -29246 -29246 Administrative Fees 561000 737336 737336 Class action lawsuit 900099 524 524 737860 11698880 3340711 0 -29246 3997540 3997540 1610308 1610308 32040 32040 263200 87155 119795 56250 119267 71560 47707 11157 4571 4898 1688 38929 19571 17518 1840 30465 12825 13379 4261 31733 31733 9988 2827 7161 11500 11500 352201 352201 3681 3681 9879 9879 37827 13640 14395 9792 27274 11768 11608 3898 35024 14534 15339 5151 672 277 218 177 8087 4014 3933 140 26394 26394 4744 4744 14662 5003 9659 Admistrative Fee Expens 737336 737336 Law Enforcement Project 79494 79494 Educational Projects 45410 45410 Camp Expenses 5647 5647 17362 5129 11028 1205 7561821 7170977 296563 94281 667669 66021 67682 68820 111867 2334423 248716 19306 38560 40837 8841320 60918 4245638 8780402 57359829 61801204 4893 4886 62744854 73115899 17429 17002 569770 496729 5162572 5990366 5749771 6504097 X 4750062 5409981 19282435 26724056 32962586 34477765 56995083 66611802 62744854 73115899 X 4137059 6307455 -827795 X 0 1 X 1 0 X 3508881 5911828 5811192 9150795 8387415 32770111 3508881 5911828 5811192 9150795 8387415 32770111 32770111 787477 1465244 1219885 1224792 1163216 5860614 542918 585205 641597 695777 807370 3272867 41903592 0.78200 0.76120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63 80 3453851 1097703 3432288 414387 14505322 9111958 1 1 41378850 1752413 8138331 -1314694 -873116 -598539 54055943 37048762 2449669 4410623 -1120812 -864073 -545319 41378850 32996111 1862390 3822250 -845053 -277832 -509104 37048762 31502191 1606139 1586864 -677387 -560093 -461603 32996111 27626385 1113826 4162305 -884644 -46792 -468889 31502191 0.10120 0.62850 0.27030 0 0 8366528 8366528 336484 336484 69200 69200 69108 69108 60918 -60918 8780402 Funds Held as Agency Endowments 5990366 5990366 X 18133732 6307455 6307455 11826277 -127397 -127397 11698880 8517013 0 8517013 -955192 -955192 7561821 Part V, Line 4: The Foundation's endowment funds are used for unrestricted grants to nonprofit organizations to improve the quality of life in the Coastal Bend area of Texas. Part X, Line 2: Financial Accounting Standards Board(FASB)Interpretation 48, Accounting for Uncertainty in Income Taxes(FASB)Accounting Standards Codification(ASC)740 requires the Foundation to disclose its policy for evaluating uncertain tax positions. The Foundation evaluates its uncertain tax positions using the provisions of ASC 450, Contingencies. Accordingly, a loss continguency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimate. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. Management has evaluated all tax positions taken by the Foundation and has recognized no liability as of the date of the financial statements. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. With few exceptions, the Foundation is no longer subject to examinations by the U.S. federal, state or local tax authorities for years before 2008, which is the standard statute of limitations look-back period. Part XI, Line 4b - Other Adjustments: Agency Endow Revenue $965,596, Expenses netted against revenue $-28,212 -127,397. Interfund gifts/grants $-1,064,781 Part XII, Line 4b - Other Adjustments: Agency Endowment Expenses $137,801; Expenses netted with revenue $-28,212 -955,192. Interfund gifts/grants $-1,064,781 0 North Atlantic-Bermuda 0 0 Investments 2458036 Central America-Caribbean 0 0 Investments 2200000 British Virgin Inslands 0 0 Investments 3005376 0 0 0 0 0 0 7663412 0 7663412 South America-Honduras General program support 20000 Check Book South Africa-Uganda General program support 10000 Check Book 0 0 0 0 0 0 Harvey Weil Fundraising Dinner 202662 136590 66072 625 46282 42070 2014 Day of Giving 209425 209425 140 1145 3 37860 34421 3439 8064 431 449947 380436 69511 625 140 55491 42501 98757 -29246 1 African Renewal Ministries PO Box 13733 San Antonio TX 78213 432004779 501 (c) (3) 10000 Program support Austin Area School for Dyslexics Inc 2614 Exposition Boulevard Austin TX 78703 742820712 501 (c) (3) 6000 General Program Support Bobwhite Brigade 3660 Thousand Oaks Dr Str 126 san Antonio TX 78247 752703420 501 (c) (3) 10000 Environmental/conservation program support Texas State Aquarium Association 2710 N Shoreline Blvd Corpus Christi TX 78402 237044950 501 (c) (3) 1026250 Capital campaign, Community venues grant,General program support Amistad Community Health Center Inc 1533 Brownlee Ste 100 Corpus Christi TX 78404 203008507 501 (c) (3) 31026 Aid to indigent children, general program support Boys and Girls Club of Taft 727 McIntyre Taft TX 78390 510211273 501 (c) (3) 6550 Equipment for club use. Corpus Christi ISD PO Box 110 Corpus Christi TX 78403 746000581 State Agency 26000 Educational support Church of the Good Shepherd Episcopal 700 S Broadway Corpus Christi TX 78401 742471646 501 (c) (3) 9700 General Program support First United Methodist Church 900 South Shoreline Blvd Corpus Christi TX 78401 741166910 501 (c) (3) 255000 General Program support Communities in School Corpus Christi Inc 2212 Morris Corpus Christi TX 78405 742429445 501 (c) (3) 5100 General Program support Alzheimer's Research Foundation 199 Water Street 23rd Floor New York NY 10038 133859563 501 (c) (3) 10000 Program Support. Corpus Christi Museum of Science and History 1900 N Chaparral Street Corpus Christi TX 78401 742032535 501 (c) (3) 9000 General Program support United Way of the Coastal Bend Inc 711 N Carancahua Street Suite 302 Corpus Christi TX 78475 741207552 501 (c) (3) 9944 General program support YMCA of Corpus Christi 417 South Upper Broadway Corpus Christi TX 78401 741211670 501 (c) (3) 10000 General Program support Southwestern University PO Box 770 Georgetown TX 786270770 741233796 501 (c) (3) 50000 Scholarship and general support Corpus Christi Police Foundation PO Box 803 Corpus Christi TX 78403 470990452 501 (c) (3) 98136 Police Department General support Environmental Fund for Texas PO Box 1911 Austin TX 78767 742627463 501 (c) (3) 20000 Environment program Friends of Corpus Christi Public Libraries 805 Commanche Street Corpus Christi TX 78401 746049373 501 (c) (3) 5756 General program support Friends of Fulton Mansion 317 Fulton Beach Road Rockport TX 78382 742591329 501 (c) (3) 40000 Historical building support Harbor Playhouse Company 1 Bayfront Park Corpus Christi TX 784011165 741293583 501 (c) (3) 41000 Sponsorship, Building repair, General program support Family Counseling Service 3833 South Staples St Suite S203 Corpus Christi TX 78411 741321308 501 (c) (3) 7500 Senior Counseling Support Rob & Bessie Welder Wildlife Foundation PO Box 1400 Sinton TX 783871400 741381321 501 (c) (3) 7500 Conservation program Incarnate Word Academy 2930 S Alameda Corpus Christi TX 78404 742570138 501 (c) (3) 6500 Educational Program support Make-A-Wish of Central and South Texas 1931 NW Military Highway San Antonio TX 78213 742357788 501 (c) (3) 10000 General program support Good Samaritan Rescue Mission PO Box 65 Corpus Christi TX 78403 741611894 501 (c) (3) 7350 Unfunded Meals for Low Income Clients, General Program Support South Texas Public Broadcasting System Inc 939 South Stadium Road Columbia SC 29201 741616224 501 (c) (3) 30850 Radio/Television program, General Program Support National Audubon Society Inc 2904 Swiss Ave Dallas TX 75204 131624102 501 (c) (3) 20000 General program support Texas A & M University at Corpus Christi 6300 Ocean Drive Corpus Christi TX 78412 741760663 State Agency 31590 President's Council Support,Scholarship Programs,athletic program support and general program support Naval History Foundtion of South Texas PO Box 23076 Corpus Christi TX 78403 200585270 501 (c) (3) 9400 Elevator support and general program support Christus Spohn Health System Development Foundation 600 Elizabeth Street Corpus Christi TX 78404 741906005 501 (c) (3) 16125 General program support Orange Grove Area Museum PO Box 397 Orange Grove TX 78372 742898866 501 (c) (3) 6500 Building and program Support Special Olympics Texas Inc 7715 Chevy Chase Drive Suite 120 Austin TX 78752 741998367 501 (c) (3) 7500 General Program SupportGeneral Program Support Episcopal Church of the Advent PO Box 1937 Alice TX 78333 746022217 501 (c) (3) 8947 General Program Support Palmer Drug Abuse Program of Corpus Christi Inc 3104 South Alameda Street Corpus Christi TX 78404 742200058 501 (c) (3) 7380 Adolescent prevention & recovery program,General Progam Support Food Bank of Corpus Christi 826 Krill Street Corpus Christi TX 78408 742234089 501 (c) (3) 14500 Forklift replacement, General Program Support Corpus Christi Metro Ministries PO Box 4899 Corpus Christi TX 78469 742247261 501 (c) (3) 69700 Loaves and Fishes Program Support,General Program Support Our Lady of Perpetual Help Catholic Church 5830 Williams Corpus Christi TX 78412 746014625 501 (c) (3) 9550 General Program Support Robstown Area Historical Commission Inc PO Box 467 Robstown TX 783805737 742879451 501 (c) (3) 6500 Historical building support St Patrick's Catholic Church 3350 South Alameda Corpus Christi TX 78411 741246250 501 (c) (3) 6350 Operational and Boy Scout support Coastal Bend College 3800 Charco Road Beeville TX 78102 741542306 State Agency 17000 Education support Corpus Christi Hope House Inc 658 Robinston Street Corpus Christi TX 78404 742480299 501 (c) (3) 7000 General program supportShelter for women & children program,General Program Support Texas A & M University 12th Man Foundation PO Box 2800 College Station TX 77841 741185725 501 (c) (3) 16602 General program support Make-A-Wish Foundation of the Texas Gulf Coast and Louisiana Inc 1604 Bissonett Houston TX 77005 760116615 501 (c) (3) 9983 General Program Support Texas Parks & Wildlife Foundtion 2914 Swiss Avenue Dallas TX 75204 742602504 501 (c) (3) 10000 Flounder Propagation projectFlounder Propagation Project Texas Wildlife Association Foundation 3660 Thosand Oaks Dr Ste 126 San Antonio TX 782473133 742605516 501 (c) (3) 7500 Texas Youth Hunting Program USS Lexington Museum on the Bay PO Box 23076 Corpus Christi TX 784033076 742615466 501 (c) (3) 20500 Stage Door support, General program support Virginia Tech Foundation Inc 902 Prices Fork Road Blacksburg VA 24061 540721690 501 (c) (3) 30000 College of Business Support Corpus Christi Symphony Society Inc 555 N Carancahua Ste 410 Corpus Christi TX 78401 746011470 501 (c) (3) 28094 Support 2014-2015 concert season and general supportGeneral Program Support Covenant Baptist Church 7001 Williams Drive Corpus Christi TX 78412 011589744 501 (c) (3) 17000 Building support and general support South Texas Institute for the Arts 1902 North Shoreline Blvd Corpus Christi TX 78401 746025882 501 (c) (3) 9500 General Program Support HALO Flight Inc 315 Pinson Drive Corpus Christi TX 78406 752235660 501 (c) (3) 9440 General Program Support Boy Scouts of America South Texas Council 700 Everhart Terrace Bldg A Corpus Christi TX 78411 752675978 501 (c) (3) 5800 General Program Support Mission of Mercy Inc PO Box 102 Fairfield PA 17320 860704883 501 (c) (3) 6000 General Program support Del Mar College Foundation Inc 101 Baldwin Corpus Christi TX 78404 742286234 501 (c) (3) 15634 Vocational Scholarships, General Program Support Texas A&M University - Kingsville 700 University Blvd MSC 101 Kingsville TX 78364 746001530 State Agency 25000 Conservation program support, General Program support St Anthony Catholic Church 3818 CR 61 Robstown TX 783805737 741483603 501 (c) (3) 9250 General Program Support Nueces County Treasury 901 Leopard St Rm 302 Corpus Christi TX 78401 746000585 State Agency 8750 Fallen Heroes support, General Program Support Congregation Beth Israel 4402 Saratoga Boulevard Corpus Christi TX 78413 746000619 501 (c) (3) 12725 General program support Gulf Coast Humane Society 3118 Cabaniss Parkway Corpus Christi TX 78415 741266245 501 (c) (3) 5280 Medical care of animals, General program support University of Iowa Foundation PO Box 4550 Iowa City IA 522444550 420796760 501 (c) (3) 8000 Research on juvenile polyposis Nueces County MHMR Community Center 1630 S Brownlee Corpus Christi TX 78404 741623759 501 (c) (3) 11900 Provide services to mentally disabled indiviuals in Nueces County Rockport Art Association Inc 902 Navigation Circle Rockport TX 78382 741652612 501 (c) (3) 20923 Artlink for youth program, general program support Tennis Success Inc PO Box 71647 Corpus Christi TX 784671647 061725402 501 (c) (3) 12000 Scholarship program for low income youth, General program support Texas A & M University Corpus Christi Foundation Inc 6300 Ocean Drive MD5644 Corpus Christi TX 78412 742491445 501 (c) (3) 28600 Scholarship support Triumph Over Kid Cancer 723 Coleman Corpus Christi TX 78401 272224984 501 (c) (3) 25250 General program support Volunteer Services Council of the Corpus Christi State School 902 Airport Road Corpus Christi TX 78405 237043367 501 (c) (3) 20000 General program support Rotary Foundation of Rotary International 1560 Sherman Ave Evanston IL 60201 363245072 501 (c) (3) 6323 Polio plus program and general program support Micah Project Inc PO Box 4346 Houston TX 77210 431871946 501 (c) (3) 20000 General program support Asbury United Methodist Church 7501 S Staples Street Corpus Christi TX 78413 742131185 501 (c) (3) 91225 General program and building support American Cancer Society 4101 S Alameda Corpus Christi TX 78411 741185665 501 (c) (3) 9500 General program support Coastal Bend Bays Foundation Inc 1227 Agnes Street Suite B1 Corpus Christi TX 78401 742603919 501 (c) (3) 20000 Earth Day Bay Day support Foster Angels of South Texas Foundation PO Box 18863 Corpus Christi TX 78480 742917772 501 (c) (3) 8085 General program support Funeral Assistance 80 197768 Rent/Mortgage Assistance 474 303834 Medical/Prescription Assistance 147 162594 Food/Clothing Assistance 49 21250 Utility Assistance 116 27724 Scholarship/Fellowship Awards 534 820311 Home repair, disaster relief, transportation assistance 82 76827 Part I, Line 2: Unrestricted grant requests are reviewed by the Grants Committee and recommendations are given to the Board of Directors for approval in our spring and fall grant award process. The Director of Grants obtains reports from the grantees annually for their use of funds to determine the grantee's compliance with the intended use of the funds. Scholarship applications are reviewed by the Scholarship Committee and recommendations are given to the Board of Directors for approval in our spring and fall scholarship review process in accordance with the scholarship agreements. The scholarship checks are sent to the college or university financial aid office. The Director of Scholarships obtains outside scholarship and fellowship committee information to determine their compliance with IRS regulations. Employee assistance grant requests are reviewed by our Director of Grants for compliance with the fund agreement specifications. These grants are not sent directly to the individuals except for hurricane relief, which are restricted for redemption. Grants from donor advised, field-of-interest, designated or other types of funds are reviewed for compliance with the terms of the fund agreement. The Director of Grants reviews the 501(c)(3) status for all grantees. The Foundaiton does not send grants to nonexempt organizations. All grants are approved by the Board of Directors at the quarterly board meeting. X 13 2617876 Stock Market Quotation 0 1 0 Part I, Column (b): Explanation: The number of contributions for gifts of securities is the number of gifts by gift date without regard to the quantity of stock certificates or other securities. Form 990, Part VI, Section A, line 2 One Director is parent to another of the Directors. Form 990, Part VI, Section B, line 11 Draft input for the Form 990 is prepared by the Director of Finance for review and approval by the President/CEO. That information is then provided to our tax preparer for input to the form. A draft copy of that form is then provided to staff for review. Staff then presents it to the Board's Executive Committee for review and discussion. Upon adoption by the Executive Committee, it is then presented to the full Board of Directors for review and approval. Form 990, Part VI, Section B, line 12c Annually, staff provides copies of the foundation's conflict of interest policy to all Board members. For new Board members, the policy is presented and discussed during their orientation briefing. After review, all Board members sign and submit to the President a certification of compliance with the policy, noting any potential conflicts they may have, if any. During committee meetings, Board members are asked to identify any potential conflicts of interest if they arise and those are dealt with by the committee chairman at that time. Form 990, Part VI, Section B, line 15 The Board Chairman is annually provided with a compensation history for the CEO. He is also provided with a performance evaluation form to complete for the CEO as well as the most recent salary comparability data available from independent sources, like the Council on Foundations. These documents are used by the Chairman to review the CEO's performance with the Executive Committee (in executive session) and to determine a compensation amount for the CEO for that year. For key employees, the process is similar except that the independent review official is the CEO. The CEO uses comparable salary information provided by the independent Council on Foundations as well as performance appraisal information to make salary adjustment determinations. The latter are proposed by the CEO and approval, in turn, by the Finance Committee, the Executive Committee and the full Board of Directors as part of the annual budget determination. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request. Financial statements are also published in the foundation's annual report, which is available online. Form 990, Part XI, line 9: Change in Agency Endowment Funds -827,795. Form 990 Part V Line 3b The Foundation's investments include partnerships that reported net unrelated business taxable losses. Form 990-T is being filed to report those net losses. Vontobel Global Emerging Markets Fund 1540 Broadway 38th Floor New York NY 10036 562644355 See Part VII Supplemental Information NY Related 0 0 4543418 0 0 0.06210 Line 1 Line 1 Vontobel's primary activity is seeking high quality growth at sensible prices generating consistently attractive risk-adjusted long-term performance.