2015-11-12T16:10:53-06:00 2014-12-31 320043599 LEGACY PROFESSIONALS LLP 311 S WACKER DRIVE STE 4000 CHICAGO IL 60606 990 2014-01-01 363717013 BRETHREN FOUNDATION INC BRET 8476950200 1505 DUNDEE AVENUE ELGIN IL 601201605 JOHN MCGOUGH CHIEF FINANCIAL OFFICER 8476223381 2015-11-12 1 CRAIG RESCH P00844633 3123680500 2014 2016-02-25 16:41:14Z NEVIN DULABAUM 1505 DUNDEE AVENUE ELGIN IL 601201605 961516 0 X HTTP://WWW.BRETHRENBENEFITTRUST.ORG X 1990 IL SUPPORTS THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN BY OFFERING TRUST AND CUSTODIAL SERVICES FOR INVESTMENTS AND DEFERRED GIFTS. 12 12 0 14 0 0 0 0 836952 944807 11860 16709 0 0 848812 961516 0 0 0 0 0 0 0 0 0 677107 730375 677107 730375 171705 231141 174967324 7175029 174020866 5969302 946458 1205727 SUPPORTS THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN AND OTHER PERSONS AND GROUPS THAT SHARE SIMILAR VALUES BY OFFERING TRUST AND CUSTODIAL SERVICES FOR INVESTMENTS AND DEFERRED GIFTS. 0 0 687462 944807 SUPPORTS THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN AND OTHER PERSONS AND GROUPS THAT SHARE SIMILAR VALUES BY OFFERING TRUST AND CUSTODIAL SERVICES FOR INVESTMENTS AND DEFERRED GIFTS. 687462 1 0 0 0 0 1 0 0 0 0 0 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 0 0 0 1 0 1 0 0 0 1 202 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JOHN MCGOUGH 8476950200 1505 DUNDEE AVENUE ELGIN IL 601201605 HARRY S RHODES CHAIR 1.00 1.00 X 0 0 0 ERIC KABLER VICE CHAIR 1.00 1.00 X 0 0 0 SARA BRENNEMAN BOARD MEMBER 1.00 1.00 X 0 0 0 ANN QUAY DAVIS BOARD MEMBER 1.00 1.00 X 0 0 0 CAROL HESS BOARD MEMBER 1.00 1.00 X 0 0 0 DENNIS KINGERY BOARD MEMBER - NEW 1.00 1.00 X 0 0 0 THOMAS MCCRACKEN BOARD MEMBER 1.00 1.00 X 0 0 0 TIM MCELWEE BOARD MEMBER - NEW 1.00 1.00 X 0 0 0 JERRY PATTERSON BOARD MEMBER 1.00 1.00 X 0 0 0 WAYNE SCOTT BOARD MEMBER 1.00 1.00 X 0 0 0 CRAIG H SMITH BOARD MEMBER 1.00 1.00 X 0 0 0 BETH SOLLENBERGER BOARD MEMBER 1.00 1.00 X 0 0 0 KAREN O CRIM CHAIR - PAST 1.00 1.00 X 0 0 0 EUNICE CULP BOARD MEMBER - PAST 1.00 1.00 X 0 0 0 STEVE MASON FOUNDATION DIRECTOR 35.00 5.00 X 0 111917 22823 NEVIN DULABAUM PRESIDENT 20.00 20.00 X 0 140106 39270 SCOTT DOUGLAS VICE PRESIDENT 0.00 40.00 X 0 119691 23276 DONNA MARCH SECRETARY 10.00 30.00 X 0 88363 23293 JOHN MCGOUGH TREASURER/CFO 20.00 20.00 X 0 116346 34770 0 576423 143432 0 0 1 0 IRIDIAN ASSET MANAGEMENT LLC 276 POST ROAD WEST WESTPORT CT 06880 INVESTMENT MANAGEMENT 131053 SEGALL BRYANT & HAMILL 10 S WACKER DRIVE STE 3500 CHICAGO IL 60606 INVESTMENT MANAGEMENT 108965 CORNERSTONE PHIPPS TOWER 3438 PEACHTREE ROAD NE ATLANTA GA 30326 INVESTMENT MANAGEMENT 107329 3 SERVICE FEE REVENUE 525920 944807 944807 944807 16709 16709 961516 944807 0 16709 18396 18396 17000 17000 44274 44274 1089 1089 14724 14724 7391 7391 21284 21284 ALLOCATED ADMINISTRATIV 589209 571533 17676 MISCELLANEOUS 8771 8771 SERVICE FEE EXPENSES 8237 8237 730375 687462 42913 0 459502 361204 4217779 93541 606842 61091 10592 6209 169375528 6329255 297081 0 323729 174967324 7175029 114469 58715 173906397 5910587 174020866 5969302 X 946458 1205727 946458 1205727 174967324 7175029 231141 28128 0 X X 0 1 X 1 0 X X 1 CHURCH OF THE BRETHREN 366108275 501(C)(3) 1 730375 0 1 730375 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 14 32647 -61576 491808 1 1 0 DUE TO RELATED ORGANIZATION 247643 INVESTMENTS HELD FOR OTHERS 3067389 ANNUITY OBLIGATIONS 2595555 5910587 X PART X, LINE 2: THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. THE RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE APPLICABLE STATUTE OF LIMITATIONS EXPIRES. X 0 0 0 0 0 0 0 0 0 NEVIN DULABAUM PRESIDENT 0 140106 0 0 0 0 0 17006 0 22264 0 179376 0 0 JOHN MCGOUGH TREASURER/CFO 0 116346 0 0 0 0 0 12487 0 22283 0 151116 0 0 SCHEDULE J PART II THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS COMPENSATED BY A RELATED ORGANIZATION. THE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION. INVESTMENTS (MANAGED CLIENT ACCOUNT ASSETS) 2014-11-03 169961876 FAIR MARKET VALUE 462390616 BRETHREN FOUNDATION FUNDS INC 1505 DUNDEE AVENUE ELGIN IL 60120 501(C)3 MANAGED FUNDS HELD FOR OTHERS (MANAGED CLIENT ACCOUNT LIABILITY) 2014-11-03 -169961876 FAIR MARKET VALUE 462390616 BRETHREN FOUNDATION FUNDS INC 1505 DUNDEE AVENUE ELGIN IL 60120 501(C)3 1 0 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: THE ENTIRE BOARD OF DIRECTORS AND ALL OFFICERS. PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: THE ENTIRE BOARD OF DIRECTORS OF THE ORGANZATION BECAME THE BOARD OF DIRECTORS OF THE TRANSFEREE ORGANIZATION. ADDITIONALLY, ALL OFFICERS OF THE ORGANIZATION BECAME OFFICERS OF THE TRANSFEREE ORGANIZATION. FORM 990, SCHEDULE N, PART II THE ORGANIZATION ACTS AS AN INVESTMENT MANAGER FOR "CLIENTS" AFFILIATED WITH THE CHURCH OF THE BRETHREN. THESE CLIENT ACCOUNTS HAVE BEEN REPORTED ON FORM 990, PART X AS "INVESTMENTS" WITH AN OFFSETTING "OTHER LIABILITY" WHICH REPRESENTS THE OBLIGATION TO RETURN THE ASSETS TO THE CLIENTS. THE ORGANIZATION TRANSFERRED A PORTION OF THESE CLIENT ACCOUNTS TO THE TRANSFEREE ORGANIZATION AND ACCORDINGLY, BOTH THE INVESTMENTS AND THE LIABILITY TO RETURN THE ASSETS TO THE CLIENTS HAVE BEEN REPORTED ON SCHEDULE N, PART II, LINE 1. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO THE ENTIRE BUDGET AND AUDIT REVIEW COMMITTEE FOR ITS REVIEW PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH MEMBER OF THE BOARD IS REQUIRED TO SIGN OFF ON THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS, THROUGH ITS BUDGET AND AUDIT REVIEW COMMITTEE, ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BRETHREN BENEFIT TRUST INC 1505 DUNDEE AVE ELGIN IL 60120 363668497 SEE PART VII IL 501(C)(3) 509(A)(3) NOT APPLICABLE 0 CHURCH OF THE BRETHREN 1505 DUNDEE AVE ELGIN IL 60120 366108275 AN ANABAPTIST, PIETIST, PROTESTANT CHURCH IL 501(C)(3) 509(A)(1) NOT APPLICABLE 0 BRETHREN FOUNDATION FUNDS INC 1505 DUNDEE AVE ELGIN IL 60120 462390616 PROVIDES INVESTMENT MANAGEMENT SERVICING TO MEMBERS IL 501(C)(3) 509(A)(3) BRETHREN FOUNDATION INC 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0 BRETHREN FOUNDATION FUNDS INC L 131936 BOOK VALUE BRETHREN FOUNDATION FUNDS INC R 169961876 FAIR MARKET VALUE PART 2, COLUMN B TO SUPPORT THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN AND OTHER PERSONS AND GROUPS THAT SHARE SIMILAR VALUES BY OFFERING PROGRAMS THAT PROVIDE RETIREMENT AND MEDICAL BENEFITS TO MINISTERS, MISSIONARIES, AND LAY EMPLOYEES OF CERTAIN CHURCH AND CHURCH RELATED AGENCIES.