BILLY GRAHAM EVANGELISTIC ASSOCIATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- BILLY GRAHAM EVANGELISTIC ASSOCIATION (EIN 41-1794875)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-08-08
- IRS object ID
- 201402209349300800
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-08-08T09:16:59-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411794875 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COVE CHARITABLE TRUST FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COVE | BusinessNameControlTxt |
| Phone | 7044012253 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 668129 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 282010001 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVE DOBBINS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7044012253 | PhoneNum |
| Signature | 2014-08-08 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparation | 2014-08-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRANKLIN GRAHAM | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 BILLY GRAHANM PARKWAY | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28266 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $64,694,851 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | PART I, LINE 1, AND PART III, LINE 1 SINCE 1988, THE BILLY GRAHAM TRAINING CENTER AT THE COVE HAS BEEN TRAINING CHRISTIAN LEADERS AND LAY PEOPLE TO STUDY GOD'S WORD, THE BIBLE, AND SHARE HIS GOOD NEWS ACROSS THE GLOBE. WE BELIEVE THAT THE PROBLEMS FACING OUR WORLD TODAY - ECONOMICALLY, POLITICALLY, AND RACIALLY - ARE THE DIRECT RESULT OF HUMAN SIN. THE BIBLE, WHICH WE BELIEVE IS THE ONLY INSPIRED WORK OF GOD, STATES THAT "ALL HAVE SINNED AND FALL SHORT OF THE GLORY OF GOD" (ROMANS 3:23). SIN SEPARATES US FROM GOD: "THE WAGES OF SIN IS DEATH" (ROMANS 6:23), AND AS A RESULT, THE WHOLE EARTH AND EVERYTHING IN IT ARE UNDER GOD'S CURSE. THERE IS GOOD NEWS, AND WE PROCLAIM IT TO ANYONE AND EVERYONE WHO WILL HEAR. GOD SENT HIS SON, JESUS CHRIST, FROM HEAVEN TO EARTH TO TAKE OUR SINS UPON HIMSELF. HE PAID THE PENALTY FOR OUR SINS BY DYING IN OUR PLACE ON THE CROSS, AND THEN HE ROSE AGAIN TO LIFE. JESUS OPENED THE WAY FOR US TO KNOW GOD. WE BELIEVE THAT JESUS IS THE ONLY WAY TO GOD, AND HE SAID | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 11 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $577,358 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,581,101 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,817,099 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,258 | PYOtherRevenueAmt |
| CY Other Revenue | $15,601 | CYOtherRevenueAmt |
| PY Total Revenue | $2,168,717 | PYTotalRevenueAmt |
| CY Total Revenue | $3,832,700 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,014,753 | PYOtherExpensesAmt |
| CY Other Expenses | $2,078,780 | CYOtherExpensesAmt |
| PY Total Expenses | $2,014,753 | PYTotalExpensesAmt |
| CY Total Expenses | $2,078,780 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $153,964 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,753,920 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $63,737,938 | TotalAssetsBOYAmt |
| Total Assets EOY | $67,970,357 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,330 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,744 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $63,701,608 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $67,942,613 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PART I, LINE 1, AND PART III, LINE 1 SINCE 1988, THE BILLY GRAHAM TRAINING CENTER AT THE COVE HAS BEEN TRAINING CHRISTIAN LEADERS AND LAY PEOPLE TO STUDY GOD'S WORD, THE BIBLE, AND SHARE HIS GOOD NEWS ACROSS THE GLOBE. WE BELIEVE THAT THE PROBLEMS FACING OUR WORLD TODAY - ECONOMICALLY, POLITICALLY, AND RACIALLY - ARE THE DIRECT RESULT OF HUMAN SIN. THE BIBLE, WHICH WE BELIEVE IS THE ONLY INSPIRED WORK OF GOD, STATES THAT "ALL HAVE SINNED AND FALL SHORT OF THE GLORY OF GOD" (ROMANS 3:23). SIN SEPARATES US FROM GOD: "THE WAGES OF SIN IS DEATH" (ROMANS 6:23), AND AS A RESULT, THE WHOLE EARTH AND EVERYTHING IN IT ARE UNDER GOD'S CURSE. THERE IS GOOD NEWS, AND WE PROCLAIM IT TO ANYONE AND EVERYONE WHO WILL HEAR. GOD SENT HIS SON, JESUS CHRIST, FROM HEAVEN TO EARTH TO TAKE OUR SINS UPON HIMSELF. HE PAID THE PENALTY FOR OUR SINS BY DYING IN OUR PLACE ON THE CROSS, AND THEN HE ROSE AGAIN TO LIFE. JESUS OPENED THE WAY FOR US TO KNOW GOD. WE BELIEVE THAT JESUS IS THE ONLY WAY TO GOD, AND HE SAID | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,763,237 | ExpenseAmt |
| Desc | THE PURPOSE OF THE COVE CHARITABLE TRUST FUND IS TO PROVIDE AN ONGOING SOURCE OF FUNDING FOR SUPPORTING, MAINTAINING, AND IMPROVING THE FACILITIES AND MINISTRY AT THE BILLY GRAHAM TRAINING CENTER AT THE COVE. THE PRIMARY INVESTMENT OBJECTIVE OF THIS FUND IS TO PRESERVE AND PROTECT ASSETS BY FOCUSING ON CONSERVATION OF PRINCIPAL AND LONG-TERM GROWTH OF CAPITAL AND INCOME. THIS OBJECTIVE IS GENERALLY ATTAINED BY INVESTING IN A DIVERSIFIED PORTFOLIO OF HIGH QUALITY SECURITIES. EXPENDITURES FROM THE FUND HAVE BEEN BASED UPON A SPENDING PLAN USING A THREE-YEAR ROLLING AVERAGE OF FUND ASSETS. FUNDS WERE TRANSFERRED TO SUPPORT THE MINISTRY OF THE COVE IN THE AMOUNT OF 1,763,237 IN 2013. | Desc |
| Total Program Service Expenses | $1,763,237 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVE DOBBINS | PersonNm |
| Phone | 7044012253 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 668129 | AddressLine1 |
| Address Line2 | PO BOX 668129 | AddressLine2 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 282010001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| WM FRANKLIN GRAHAM III | |||||||
| DIR./PRES./C | 0.25 | 40.75 | Yes (X) | Yes (X) | $0 | $205,919 | $34,722 |
| BILLY GRAHAM | |||||||
| DIRECTOR/CHA | 0.25 | 40.25 | Yes (X) | Yes (X) | $0 | $139,386 | $85,239 |
| DAVID P BRUCE | |||||||
| DIR./ASST. B | 0.25 | 40.50 | Yes (X) | $0 | $130,311 | $83,372 | |
| WM FRANKLIN GRAHAM IV | |||||||
| DIR./VICE PR | 0.25 | 40.25 | Yes (X) | $0 | $94,805 | $77,947 | |
| JOSEPH M STOWELL | |||||||
| DIR./PROF. S | 0.25 | 1.50 | Yes (X) | $0 | $350 | $0 | |
| MELVIN F GRAHAM | |||||||
| DIR./CHAIR E | 0.25 | 2.75 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| WILLIAM B PAULS | |||||||
| DIR./TREASUR | 0.25 | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GEORGE E BATTLE JR | |||||||
| DIRECTOR | 0.25 | 1.25 | Yes (X) | $0 | $0 | $0 | |
| J FRANK HARRISON III | |||||||
| DIRECTOR | 0.25 | 1.25 | Yes (X) | $0 | $0 | $0 | |
| GREG LAURIE | |||||||
| DIRECTOR | 0.25 | 1.25 | Yes (X) | $0 | $0 | $0 | |
| ANNE GRAHAM LOTZ | |||||||
| DIRECTOR | 0.25 | 1.25 | Yes (X) | $0 | $0 | $0 | |
| DENTON LOTZ | |||||||
| DIRECTOR | 0.25 | 1.25 | Yes (X) | $0 | $0 | $0 | |
| HON STEPHEN E MERRILL | |||||||
| DIRECTOR | 0.25 | 1.25 | Yes (X) | $0 | $0 | $0 | |
| CHARLES O MORGAN | |||||||
| DIRECTOR | 0.25 | 1.50 | Yes (X) | $0 | $0 | $0 | |
| PAUL T SABER | |||||||
| DIRECTOR | 0.25 | 1.50 | Yes (X) | $0 | $0 | $0 | |
| C WILLIAM POLLARD | |||||||
| DIR./CHAIR E | 0.25 | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOEL B AARSVOLD | |||||||
| SEC./VP CORP | 0.25 | 40.50 | Yes (X) | $0 | $224,791 | $36,138 | |
| DANIEL C ALLEN | |||||||
| SECRETARY/VP | 0.25 | 40.50 | Yes (X) | $0 | $172,091 | $41,821 | |
| STEVE DOBBINS | |||||||
| CFO | 0.25 | 40.50 | Yes (X) | $0 | $168,391 | $40,087 | |
| CLIFFORD B BARROWS | |||||||
| VICE CHAIRMA | 0.25 | 40.25 | Yes (X) | $0 | $108,201 | $87,508 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $1,244,245 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $486,834 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMBRIDGE ASSOCIATES LLC | BusinessNameLine1 |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SUMMER STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INVEST. ADVISOR | ServicesDesc |
| Compensation | $124,697 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $769,231 | TotalRevenueColumnAmt |
| Exclusion | $769,231 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $63,910,019 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $60,862,151 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,047,868 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,047,868 | TotalRevenueColumnAmt |
| Exclusion | $3,047,868 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $15,601 | TotalRevenueColumnAmt |
| Exclusion | $15,601 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $15,601 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,832,700 | TotalRevenueColumnAmt |
| Exclusion | $3,832,700 | ExclusionAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,320 | TotalAmt |
| Management And General | $49,320 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $266,223 | TotalAmt |
| Management And General | $266,223 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,763,237 | TotalAmt |
| Program Services | $1,763,237 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,078,780 | TotalAmt |
| Program Services | $1,763,237 | ProgramServicesAmt |
| Management And General | $315,543 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,521 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,150 | BOYAmt |
| EOY | $10,632 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,726,696 | BOYAmt |
| EOY | $67,952,595 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,092 | BOYAmt |
| EOY | $2,609 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,737,938 | BOYAmt |
| EOY | $67,970,357 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,330 | BOYAmt |
| EOY | $27,744 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,330 | BOYAmt |
| EOY | $27,744 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,490,064 | BOYAmt |
| EOY | $67,712,604 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,595 | BOYAmt |
| EOY | $39,061 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,949 | BOYAmt |
| EOY | $190,948 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,701,608 | BOYAmt |
| EOY | $67,942,613 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,737,938 | BOYAmt |
| EOY | $67,970,357 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,753,920 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,487,085 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BILLY GRAHAM EVANGELISTIC ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410692230 | EIN |
| Organization Type | 7 | OrganizationTypeDesc |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Supported Org Notified | Yes (true) | SupportedOrgNotifiedInd |
| US Organized | Yes (true) | USOrganizedInd |
| Support | $1,763,237 | SupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $1,763,237 | SupportSumAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $63,701,608 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $6,319,785 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,763,237 | OtherExpendituresAmt |
| Administrative Expenses | $315,543 | AdministrativeExpensesAmt |
| End Year Balance | $67,942,613 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,947,776 | BeginningYearBalanceAmt |
| Contributions | $577,358 | ContributionsAmt |
| Investment Earnings Or Losses | $5,191,227 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,735,100 | OtherExpendituresAmt |
| Administrative Expenses | $279,653 | AdministrativeExpensesAmt |
| End Year Balance | $63,701,608 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,806,276 | BeginningYearBalanceAmt |
| Contributions | $500,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$74,577 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $283,923 | AdministrativeExpensesAmt |
| End Year Balance | $59,947,776 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $55,225,785 | BeginningYearBalanceAmt |
| Contributions | $547,000 | ContributionsAmt |
| Investment Earnings Or Losses | $4,240,659 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $207,168 | AdministrativeExpensesAmt |
| End Year Balance | $59,806,276 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $56,586,135 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$1,242,903 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $117,447 | AdministrativeExpensesAmt |
| End Year Balance | $55,225,785 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.99660 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00280 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00060 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE PURPOSE OF THE ENDOWMENT FUNDS OF THE COVE CHARITABLE TRUST FUND IS TO PROVIDE AN ONGOING SOURCE OF FUNDING FOR SUPPORTING, MAINTAINING, AND IMPROVING THE FACILITIES AND MINISTRY AT THE BILLY GRAHAM TRAINING CENTER AT THE COVE. |
| SCHEDULE D, PAGE 3, PART X | AS REQUIRED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PERTAINING TO UNCERTAIN TAX POSITIONS, THE ASSOCIATION RECORDS A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ASSOCIATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2013 AND 2012, AND ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. THE ASSOCIATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2011. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|
| WM FRANKLIN GRAHAM III | |||||
| DIR./PRES./CEO | $102,910 | $103,009 | $27,049 | $7,673 | $240,641 |
| BILLY GRAHAM | |||||
| DIRECTOR/CHAIRMAN | $78,021 | $61,365 | $12,917 | $72,322 | $224,625 |
| DAVID P BRUCE | |||||
| DIR./ASST. B. GRAHAM | $130,037 | $274 | $33,450 | $49,922 | $213,683 |
| WM FRANKLIN GRAHAM IV | |||||
| DIR./VICE PRESIDENT | $94,805 | $18,200 | $59,747 | $172,752 | |
| JOEL B AARSVOLD | |||||
| SEC./VP CORP. PTYR | $218,684 | $6,107 | $13,592 | $22,546 | $260,929 |
| DANIEL C ALLEN | |||||
| SECRETARY/VP CORP. | $171,817 | $274 | $10,846 | $30,975 | $213,912 |
| STEVE DOBBINS | |||||
| CFO | $168,391 | $10,635 | $29,452 | $208,478 | |
| CLIFFORD B BARROWS | |||||
| VICE CHAIRMAN/MUSIC | $96,142 | $12,059 | $23,251 | $64,257 | $195,709 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | PART II ALL THE COMPENSATION LISTED IN PART II OF SCHEDULE J FROM A RELATED ORGANIZATION CAME FROM THE BILLY GRAHAM EVANGELISTIC ASSOCIATION FOR SERVICES RENDERED TO THAT ORGANIZATION. PART II, COLUMN B(III): THE OTHER REPORTABLE COMPENSATION FOR WM. FRANKLIN GRAHAM, III INCLUDES A 100,000 SPECIAL CATCH UP RETIREMENT PAYMENT. THE OTHER REPORTABLE COMPENSATION FOR BILLY GRAHAM INCLUDES SUPPORT COSTS OF 57,735 PAID FOR BY THE BILLY GRAHAM EVANGELISTIC ASSOCIATION, A RELATED ORGANIZATION, FOR DR. BILLY GRAHAM THAT ARE REQUIRED FOR HIM TO CONTINUE TO SERVE AND PERFORM HIS DUTIES AND RESPONSIBILITIES FOR THE BILLY GRAHAM EVANGELISTIC ASSOCIATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | PART I, LINE 1, AND PART III, LINE 1 SINCE 1988, THE BILLY GRAHAM TRAINING CENTER AT THE COVE HAS BEEN TRAINING CHRISTIAN LEADERS AND LAY PEOPLE TO STUDY GOD'S WORD, THE BIBLE, AND SHARE HIS GOOD NEWS ACROSS THE GLOBE. WE BELIEVE THAT THE PROBLEMS FACING OUR WORLD TODAY - ECONOMICALLY, POLITICALLY, AND RACIALLY - ARE THE DIRECT RESULT OF HUMAN SIN. THE BIBLE, WHICH WE BELIEVE IS THE ONLY INSPIRED WORK OF GOD, STATES THAT "ALL HAVE SINNED AND FALL SHORT OF THE GLORY OF GOD" (ROMANS 3:23). SIN SEPARATES US FROM GOD: "THE WAGES OF SIN IS DEATH" (ROMANS 6:23), AND AS A RESULT, THE WHOLE EARTH AND EVERYTHING IN IT ARE UNDER GOD'S CURSE. THERE IS GOOD NEWS, AND WE PROCLAIM IT TO ANYONE AND EVERYONE WHO WILL HEAR. GOD SENT HIS SON, JESUS CHRIST, FROM HEAVEN TO EARTH TO TAKE OUR SINS UPON HIMSELF. HE PAID THE PENALTY FOR OUR SINS BY DYING IN OUR PLACE ON THE CROSS, AND THEN HE ROSE AGAIN TO LIFE. JESUS OPENED THE WAY FOR US TO KNOW GOD. WE BELIEVE THAT JESUS IS THE ONLY WAY TO GOD, AND HE SAID HIMSELF, "I AM THE WAY AND THE TRUTH AND THE LIFE. NO ONE COMES TO THE FATHER EXCEPT THROUGH ME" (JOHN 14:6). NO OTHER LIFESTYLE, RELIGION, OR PHILOSOPHY CAN BRING YOU TO GOD. AS A MINISTRY OF THE BILLY GRAHAM EVANGELISTIC ASSOCIATION, EVERYTHING WE DO PROCLAIMS THIS PROFOUND TRUTH AND INVITES MEN, WOMEN, AND CHILDREN ACROSS THE GLOBE TO TURN FROM THEIR SIN AND FIND FORGIVENESS AND ETERNAL LIFE IN JESUS CHRIST. IF YOU DO NOT HAVE PEACE WITH GOD, YOU CAN FIND IT RIGHT NOW. SIMPLY PRAY THIS PRAYER AND RECEIVE JESUS CHRIST AS YOUR LORD AND SAVIOR: "DEAR LORD JESUS, I KNOW THAT I AM A SINNER, AND I ASK FOR YOUR FORGIVENESS. I BELIEVE YOU DIED FOR MY SINS AND ROSE FROM THE DEAD. I TURN FROM MY SINS AND INVITE YOU TO COME INTO MY HEART AND LIFE. I WANT TO TRUST AND FOLLOW YOU AS MY LORD AND SAVIOR. IN YOUR NAME, AMEN". IF YOU PRAYED THIS PRAYER - OR WOULD LIKE TO SPEAK WITH SOMEONE ABOUT SPIRITUAL QUESTIONS - PLEASE CALL US AT 1-877-247-2426. WE HAVE SOME MATERIALS WE WOULD LIKE TO SEND TO HELP YOU ON YOUR JOURNEY OF FAITH. |
| FORM 990, PAGE 1, PART I, LINE 6 | THE VOLUNTEERS LISTED FOR THE FUND ARE THE BOARD OF DIRECTORS WHO ARE NON- EMPLOYEES. |
| FORM 990, PAGE 6, PART VI, LINE 1A | THE FUND IS GOVERNED BY THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION BILLY GRAHAM EVANGELISTIC ASSOCIATION. THE ASSOCIATION PURSUANT TO ITS BYLAWS HAS APPOINTED AN EXECUTIVE COMMITTEE OF TEN MEMBERS, TO INCLUDE THE PRESIDENT/CEO AND FOUR MEMBERS WHO ARE NON-VOTING EMERITUS BOARD MEMBERS. THE COMMITTEE CHAIRMAN IS AN INDEPENDENT BOARD MEMBER. THE EXECUTIVE COMMITTEE HOLDS PERIODIC MEETINGS BETWEEN THE BOARD OF DIRECTORS MEETINGS TO ACT ON BEHALF OF THE BOARD OF DIRECTORS, EXCEPT FOR MATTERS PRECLUDED BY THE BYLAWS. THE FULL BOARD OF DIRECTORS RATIFIES ANY ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE. |
| FORM 990, PAGE 6, PART VI, LINE 2 | BILLY GRAHAM WM. FRANKLIN GRAHAM, III CHAIRMAN BD PRES/CEO FAMILY RELATIONSHIP BILLY GRAHAM WM. FRANKLIN GRAHAM, IV CHAIRMAN BD DIRECTOR FAMILY RELATIONSHIP BILLY GRAHAM ANNE GRAHAM LOTZ CHAIRMAN BD DIRECTOR FAMILY RELATIONSHIP WM. FRANKLIN GRAHAM, III WM. FRANKLIN GRAHAM, IV PRES/CEO DIRECTOR FAMILY RELATIONSHIP WM. FRANKLIN GRAHAM, III ANNE GRAHAM LOTZ PRES/CEO DIRECTOR FAMILY RELATIONSHIP ANNE GRAHAM LOTZ DENTON LOTZ DIRECTOR DIRECTOR FAMILY RELATIONSHIP |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD OF DIRECTORS OF THE BILLY GRAHAM EVANGELISTIC ASSOCIATION, A RELATED ORGANIZATION, ACTS AS TRUSTEE FOR THE PURPOSE OF ADMINISTERING THE TRUST FUND. AUTHORITY TO MAKE DECISIONS AFFECTING THE ADMINISTRATION OF THE TRUST FUND IS RESERVED TO THE BILLY GRAHAM EVANGELISTIC ASSOCIATION BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FUND'S RETURN IS PREPARED AND REVIEWED BY MEMBERS OF THE STAFF INCLUDING THE LEGAL DEPARTMENT, INTERNAL AUDIT, CFO, VP OF CORPORATE AFFAIRS, SENIOR VICE PRESIDENTS, AND THE CEO OF THE RELATED ORGANIZATION, BILLY GRAHAM EVANGELISTIC ASSOCIATION. THE RETURN IS THEN REVIEWED BY THE INDEPENDENT AUDIT FIRM OF CHERRY BEKAERT LLP. THE RETURN IS NEXT REVIEWED BY THE AUDIT COMMITTEE AND PROVIDED AND RECEIPT CONFIRMED TO THE FULL BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE FUND IS GOVERNED BY THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION BILLY GRAHAM EVANGELISTIC ASSOCIATION. THE ASSOCIATION'S CONFLICT OF INTEREST POLICY COVERS ALL "RESPONSIBLE PERSONS", WHICH INCLUDES ANY BOARD MEMBER, OFFICER, DIVISIONAL VICE PRESIDENTS OR MEMBER OF MANAGEMENT STAFF WHO HAVE A MATERIAL FINANCIAL INTEREST IN THE TRANSACTION. DISCLOSURE STATEMENTS ARE SUBMITTED BY THESE INDIVIDUALS ON AN ANNUAL BASIS, AS WELL AS THROUGHOUT THE YEAR AS A SITUATION MAY ARISE. A SUMMARY OF POTENTIAL CONFLICTS DISCLOSED BY BOARD MEMBERS, OFFICERS AND DIVISIONAL VICE PRESIDENTS IS REPORTED TO THE BOARD AUDIT COMMITTEE FOR REVIEW. RESTRICTIONS IMPOSED ON PERSONS INVOLVED IN TRANSACTIONS WITH A POTENTIAL CONFLICT INCLUDE PROHIBITING THEM FROM PARTICIPATING IN THE BOARD OF DIRECTORS OR COMMITTEE DELIBERATIONS AND APPROVAL OF THE TRANSACTION. THROUGHOUT THE YEAR, INTERNAL AUDIT AND LEGAL STAFF MONITOR THE ADDITION OF NEW BOARD MEMBERS AND THE HIRING OF NEW EMPLOYEES WHOSE POSITION MAY ALLOW THEM TO HAVE A MATERIAL FINANCIAL INTEREST IN A TRANSACTION. DISCLOSURE STATEMENTS ARE REQUESTED AND RECEIVED FROM THESE INDIVIDUALS. POTENTIAL CONFLICTS, IF ANY, ARE REPORTED TO THE BOARD AUDIT COMMITTEE. THE PROCESS FOR REVIEW OF TRANSACTIONS WITH POTENTIAL CONFLICTS VARIES BASED ON THE INDIVIDUAL WITH THE CONFLICT. IF A PERSON IS A STAFF MEMBER AND IS NOT A DISQUALIFIED PERSON, ANY PROPOSED TRANSACTION THAT MAY BE A CONFLICT OF INTEREST MUST BE REVIEWED AND APPROVED BY THE CEO OR HIS DESIGNEE. ALL MATERIAL TERMS AND CONDITIONS OF THE TRANSACTION SHALL BE DESCRIBED IN WRITING AND PROVIDED TO THE CEO PRIOR TO ENTERING INTO THE TRANSACTION. THE CEO WILL REVIEW THE TRANSACTION TO DETERMINE IF IT IS FAIR AND IN THE BEST INTEREST OF THE ASSOCIATION. IF THE PERSON WITH THE POTENTIAL CONFLICT OF INTEREST IS A DISQUALIFIED PERSON, THE RESPONSIBLE PERSON WILL PROVIDE ALL MATERIAL TERMS AND CONDITIONS TO THE CEO IN WRITING. THE CEO WILL FORWARD SUCH INFORMATION TO THE COMPENSATION COMMITTEE CHAIRMAN FOR REVIEW AND DECISION BY THE COMPENSATION COMMITTEE PRIOR TO CONSUMMATION OF THE TRANSACTION. THE TRANSACTION SHALL ONLY BE PERMITTED IF THE COMPENSATION COMMITTEE DETERMINES THAT: THE CONFLICTING INTEREST IS FULLY DISCLOSED; THE RESPONSIBLE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION BY THE COMPENSATION COMMITTEE; AND THE TRANSACTION IS FAIR AND IN THE BEST INTEREST OF THE ASSOCIATION BY THE USE OF A COMPARABLE VALUATION OR COMPETITIVE BID. THE COMPENSATION COMMITTEE CHAIRMAN WILL PRESENT THE MATERIAL FACTS OF THE TRANSACTION TO THE FULL BOARD OF DIRECTORS FOR RATIFICATION. IF THE CEO OR HIS FAMILY IS THE ONE WITH THE POTENTIAL CONFLICT OF INTEREST, THEN THE INITIAL DISCLOSURE SHALL BE MADE DIRECTLY TO THE COMPENSATION COMMITTEE CHAIRMAN BY THE VICE PRESIDENT OF CORPORATE AFFAIRS. USING THE SAME CRITERIA LISTED ABOVE, THE COMPENSATION COMMITTEE WILL REVIEW AND DECIDE IF THE TRANSACTION IS FAIR AND IN THE BEST INTERESTS OF THE ASSOCIATION. THE COMPENSATION COMMITTEE CHAIRMAN WILL PRESENT THE MATERIAL FACTS OF THE TRANSACTION TO THE FULL BOARD OF DIRECTORS FOR RATIFICATION. IF THE CONFLICT INVOLVES A GRANT, PAYMENT OR BENEFIT TO ANOTHER 501(C)(3) ORGANIZATION WITHIN THE EXEMPT PURPOSES OF THE ASSOCIATION, THE MATERIAL TERMS OF SUCH TRANSACTIONS WILL BE SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW AT SUCH COMMITTEE'S PERIODIC MEETINGS AND ANNUALLY SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND RATIFICATION. |
| FORM 990, PAGE 6, PART VI, LINE 15A | ALTHOUGH THE FUND DOES NOT HAVE ANY EMPLOYEES, IN THE EVENT THAT IT HIRES ANY EMPLOYEES, THE PROCESS FOR DETERMINING COMPENSATION WILL INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. AS FOR THE COMPENSATION PAID BY THE RELATED ORGANIZATION BILLY GRAHAM EVANGELISTIC ASSOCIATION, THE BOARD OF THE ASSOCIATION HAS APPOINTED A COMPENSATION COMMITTEE WHO REVIEWS THE COMPENSATION OF ITS OFFICERS AND KEY EMPLOYEES, AND BASES THE COMPENSATION ON COMPARABILITY DATA AS DESCRIBED IN THE FORM 990 FOR BILLY GRAHAM EVANGELISTIC ASSOCIATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SEE THE RESPONSE FOR 15A. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FUND'S TRUST DOCUMENT, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST AND AVAILABLE FOR INSPECTION AT OUR OFFICE IN CHARLOTTE, NC. |
| FORM 990, PART VII | THE REPORTABLE COMPENSATION FOR BILLY GRAHAM INCLUDES AN AMOUNT PAID BY THE RELATED ORGANIZATION, BILLY GRAHAM EVANGELISTIC ASSOCIATION FOR SUPPORT COSTS OF 57,735 FOR DR. BILLY GRAHAM THAT ARE REQUIRED FOR HIM TO CONTINUE TO SERVE AND PERFORM HIS DUTIES AND RESPONSIBILITIES FOR THE BILLY GRAHAM EVANGELISTIC ASSOCIATION, AS APPROVED BY THE BOARD OF DIRECTORS. THE OTHER COMPENSATION REPORTED IN COLUMN F INCLUDES MINISTER'S HOUSING ALLOWANCE PAID BY THE RELATED ORGANIZATION, BILLY GRAHAM EVANGELISTIC ASSOCIATION, WHICH IS NON-TAXABLE FOR THE FOLLOWING PERSONS: BILLY GRAHAM, DAVID P. BRUCE, WM. FRANKLIN GRAHAM, IV, AND CLIFFORD B. BARROWS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1 | CityForeignAddress/City | CountryForeignAddress/Country | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BILLY GRAHAM EVANGELISTIC ASSN | ||||||||||||||
| PO BOX 668129 | CHARLOTTE | NC | 28266 | 410692230 | EVANGELISM | NC | 501C3 | 7 | NA | false | ||||
| BILLY GRAHAM LIBRARY ENDOW FUND | ||||||||||||||
| PO BOX 668129 | CHARLOTTE | NC | 28266 | 806198602 | EVANGELISM | NC | 501C3 | 11A | BGEA | false | ||||
| BLUE RIDGE BROADCASTING CORP | ||||||||||||||
| PO BOX 159 | BLACK MOUNTAIN | NC | 28711 | 560750258 | RADIO | NC | 501C3 | 9 | BGEA | false | ||||
| GRAHAM FUND FOR EVANGELISM | ||||||||||||||
| PO BOX 668129 | CHARLOTTE | NC | 28266 | 363194680 | EVANGELISM | IL | 501C3 | 11A | BGEA | false | ||||
| ORGANIZACAO REBG BRASIL | ||||||||||||||
| EVANGELISM | BGEA | false | AV ADOLFO PINHEIRO 2360 | SAO PAULO | BR | BR | ||||||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BGEA PTE LTD | BusinessNameLine1 |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 133 CECIL STREET | AddressLine1 |
| City | SINGAPORE | City |
| Country | SN | Country |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | EVANGELISM | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | SN | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BGEA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP | EntityTypeTxt |
| Share Of Total Income | $1,648 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $12,662 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BILLY GRAHAM EVANGELISTIC ASSN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $1,763,237 | InvolvedAmt |
| Method Of Amount Determination | CASH | MethodOfAmountDeterminationTxt |