2014-01-25T10:07:24-06:00 2013-06-30 232932984 PARENTEBEARD LLC 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2012-07-01 251542218 FOXDALE VILLAGE CORPORATION FOXD 8142383322 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 COREY HAMILTON 8142383322 2014-01-22 1 JULIUS C GREEN CPA JD P00350393 2159720701 2012 2015-11-30 17:44:51Z COREY HAMILTON 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 26298217 0 X WWW.FOXDALEVILLAGE.ORG X 1986 PA FOXDALE VILLAGE IS A NOT-FOR-PROFIT QUAKER-DIRECTED CONTINUING CARE RETIREMENT COMMUNITY. 15 14 278 100 0 0 1149564 133862 12244196 14020653 138144 636070 57876 82261 13589780 14872846 98978 115892 0 0 6799533 7297400 0 0 110094 5570618 7722475 12469129 15135767 1120651 -262921 79585326 82106009 69269948 71375232 10315378 10730777 X FOXDALE VILLAGE IS A NOT-FOR-PROFIT QUAKER-DIRECTED CONTINUING CARE RETIREMENT COMMUNITY. THROUGH COMMUNITY SERVICES AND PROGRAMS, FOXDALE PROVIDES FOR THE SOCIAL, SPIRITUAL, NUTRITIONAL, RESIDENTIAL, WELLNESS AND HEALTH CARE NEEDS OF OLDER PEOPLE AT REASONABLE COST WHILE PROVIDING A SUPPORTIVE WORKING ENVIRONMENT FOR EMPLOYEES. OUR COMMUNITY IS BASED ON QUAKER VALUES AND QUAKER CONVICTION THAT ALL PEOPLE ARE TO BE TREATED WITH DIGNITY AND LOVING RESPECT. 0 0 11771416 115892 14020653 NOW IN ITS THIRD DECADE AS A QUAKER DIRECTED CONTINUING CARE RETIREMENT COMMUNITY, FOXDALE VILLAGE IS DEDICATED TO PROVIDING FOR THE WELLNESS AND HEALTHCARE NEEDS OF RESIDENTS AT A REASONABLE COST AND TO OFFERING A SUPPORTIVE WORK ENVIRONMENT FOR EMPLOYEES. A HALLMARK OF FOXDALE IS ITS FOCUS ON ENABLING RESIDENTS TO RETAIN THE HIGHEST LEVELS OF INDEPENDENCE AND WELLNESS POSSIBLE WHILE PROVIDING A SAFE SECURE HOME AND HEALTHCARE TO ALL AS APPROPRIATE TO THEIR CIRCUMSTANCES.IN THE 2013 FISCAL YEAR, FOXDALE SERVED CLOSE TO 300 RESIDENTS AND THEIR FAMILIES WHILE EMPLOYING A LITTLE OVER 100 FULL-TIME AND ANOTHER 100 PART TIME/CASUAL STAFF. THE MAJORITY OF FOXDALE RESIDENTS LIVE IN ON-CAMPUS APARTMENTS AND COTTAGE APARTMENTS, BUT CAN REST COMFORTABLY WITH THE KNOWLEDGE THAT PERSONAL CARE AND SKILLED NURSING FACILITIES ARE AVAILABLE SHOULD THEY ONE DAY REQUIRE THESE TYPES OF SUPPORT. FOLLOWING ITS 2011-2013 EXPANSION FOXDALE NOW HAS 205 APARTMENT/COTTAGE UNITS, 46 LICENSED SKILLED NURSING PRIVATE ROOMS AND 55 PRIVATE PERSONAL CARE ROOMS. THE $50 MILLION EXPANSION HAS ENABLED FOXDALE TO PROVIDE TWO MEMORY SUPPORT NEIGHBORHOODS WHICH SERVE AS HOME FOR RESIDENTS LIVING WITH MODERATE TO SEVERE MEMORY RELATED ILLNESS. IN ADDITION, FOXDALE IS NOW ACCEPTING DIRECT ADMISSIONS INTO HEALTH CARE AND IS ABLE TO PROVIDE SHORT TERM REHABILITATION SERVICES TO ELDERS FROM THE BROADER COMMUNITY.THANKS TO THE EXEMPLARY EFFORTS OF STAFF, ALMOST 50% OF WHOM HAVE WORKED AT FOXDALE FOR OVER FIVE YEARS, FOXDALE CONTINUES TO BE ONE OF THE HIGHEST RATED HEALTH CARE PROVIDERS IN THE CENTRE COUNTY REGION. YEAR AFTER YEAR SURVEY RESULTS OF THE VARIOUS GOVERNING AGENCIES, ALONG WITH THE COMMENTS FROM FOXDALE RESIDENTS AND THEIR FAMILIES, AFFIRM THE ORGANIZATION'S COMMITMENT TO ITS RESIDENTS AND MISSION STATEMENT. TO ENSURE PROVISION OF ONGOING HIGH QUALITY SERVICE TO RESIDENTS FOXDALE PARTICIPATES IN VARIOUS QUALITY IMPROVEMENT PROGRAMS WITH ITS SISTER COMMUNITIES THROUGH THE PEACE CHURCH COMPLIANCE AND RISK MANAGEMENT PROGRAMS. FOXDALE'S NEIGHBORHOODS AND BEAUTIFUL GROUNDS, OPPORTUNITIES FOR INTELLECTUAL ENGAGEMENT, AND COMMITMENT TO SUSTAINABILITY ARE JUST A FEW OF THE REASONS RESIDENTS AND OTHERS HIGHLY RATE FOXDALE.FROM A FINANCIAL PERSPECTIVE, FOXDALE IS ON FIRM FOOTING. FOXDALE HAS MAINTAINED A POSITIVE INCREASE IN CASH FROM OPERATIONS AND INVESTMENTS DESPITE ISSUES IN THE GREATER ECONOMY. FOXDALE HAD 412 DAYS CASH ON HAND AS OF JUNE 30, 2013, EXCEEDING THE INDUSTRY-WIDE MEASURE OF 364 DAYS. THANKS TO PRUDENT FISCAL MANAGEMENT COUPLED WITH AN ONGOING COMMITMENT TO SOCIALLY RESPONSIBLE INVESTING, FOXDALE WAS ABLE TO CONTINUE TO INVEST IN ONGOING INFRASTRUCTURE IMPROVEMENTS EVEN DURING ITS EXPANSION.FOXDALE WAS FOUNDED BY A GROUP OF STATE COLLEGE FRIENDS WHOSE GOAL WAS TO CREATE A COMMUNITY IN WHICH PEOPLE "WOULD CARE FOR ONE ANOTHER." THAT CARE IS EVIDENT AMONG RESIDENTS THROUGH THE BREADTH AND DEPTH OF ACTIVITIES OF THE RESIDENT'S COUNCIL'S OVER 50 COMMITTEES/INTEREST GROUPS, RESIDENT VOLUNTEERS, THEIR FAMILY MEMBERS, AND IN THE STAFF WHO SERVE RESIDENTS. THAT CARE ALSO EXTENDS TO CENTRE COUNTY AND BEYOND. FOXDALE PROVIDES MEETING AND EVENT SPACE AT NO COST TO MULTIPLE NONPROFIT ORGANIZATIONS AND PROVIDES LEARNING OPPORTUNITIES TO INTERNS AND OTHER ASPIRING HEALTH CARE PROFESSIONALS. STAFF ENTHUSIASTICALLY ENGAGES IN AN ARRAY OF VOLUNTEER AND PHILANTHROPIC ACTIVITIES SERVING ON COMMUNITY BOARDS AND SUPPORTING THE COMMUNITY IN OTHER WAYS. FOXDALE HAS MAINTAINED ITS COMMITMENT TO THE QUAKER PRINCIPLE OF STEWARDSHIP OF THE EARTH WHILE ENSURING SOUND FISCAL MANAGEMENT. AS A RESULT OF THE EXPANSION AND RENOVATION FOXDALE NOW HAS 2,900 LED LIGHT FIXTURES AND A NEW GEOTHERMAL SYSTEM THAT HEATS AND COOLS ALMOST 90,000 SQUARE FEET OF LIVING SPACE. AS WELL, THE POWER FOR ALL OF FOXDALE IS PROVIDED FROM WIND-POWER PROVIDERS. IN ADDITION, FOXDALE AND ITS RESIDENTS PARTICIPATE IN RECYCLING PROGRAMS THANKS IN PART TO RESIDENT MEMBERS OF THE FOXDALE WOODSHOP HAVING CONTRIBUTED 150 HOURS OF THEIR TIME TO CONSTRUCT CAMPUS RECYCLING UNITS.AS A 501(C)(3) FOXDALE RESIDENTS AND STAFF HAVE BENEFITTED GREATLY FROM PHILANTHROPY WHICH DONORS HAVE GENEROUSLY DIRECTED TO FOXDALE. THANKS TO COUNTLESS GIFTS GIVEN SINCE FOXDALE'S FOUNDING, RESIDENTS AND THEIR FAMILIES CAN REST ASSURED THAT CARE WILL CONTINUE SHOULD FINANCIAL CHALLENGES IMPEDE A RESIDENT'S ABILITY TO PAY THEIR MONTHLY FEES. IN FISCAL YEAR 2013 THE COMMUNITY FUND PROVIDED APPROXIMATELY $11,000 PER MONTH TO ASSIST RESIDENTS WHO FOUND IT A CHALLENGE TO PAY THEIR MONTHLY FEES. GENEROUS PHILANTHROPIC SUPPORT HAS ENABLED FOXDALE TO INSTALL AN OUTDOOR MEMORY GARDEN INTENTIONALLY DESIGNED TO PROVIDE A SAFE, YET BEAUTIFUL ENVIRONMENT SUPPORTING THE HIGHEST QUALITY OF LIFE POSSIBLE FOR ALL RESIDENTS INCLUDING THOSE LIVING WITH SIGNIFICANT FORMS OF MEMORY RELATED ILLNESS.STAFF SUPPORT INCLUDES AN EXCEPTIONAL BENEFITS PROGRAM. FUNDING FOR PROFESSIONAL DEVELOPMENT IS INCLUDED IN THE ANNUAL BUDGET AND MADE AVAILABLE VIA THE TRAINING AND TUITION REIMBURSEMENT FUND WHICH WAS ESTABLISHED BY ANONYMOUS DONORS. STAFF ALSO HAVE ACCESS TO WELLNESS PROGRAMS, EXERCISE EQUIPMENT, AND HEALTH SCREENINGS. PHILANTHROPIC SUPPORT DIRECTED TO THE GIVERS OF CARE FUND PROVIDES ACCESS TO NO-INTEREST LOANS TO STAFF FACING SHORT-TERM OR HOUSING NEEDS.AS FOXDALE MOVES TOWARD ITS 25TH ANNIVERSARY IN 2015 THE COMMUNITY CONTINUES TO BE THE CARING COMMUNITY ITS FOUNDERS ENVISIONED. TO LEARN MORE ABOUT FOXDALE PLEASE VISIT WWW.FOXDALEVILLAGE.ORG. 11771416 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 56 0 1 278 1 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X COREY HAMILTON 8142383322 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 LYDIA ABDULLAH 5.00 X X 0 0 0 JOHN BUZZELL 2.00 X 0 0 0 SUZANNE ADAIR 5.00 X X 0 0 0 LYNNE GRUTZECK 5.00 X X 0 0 0 BRUCE KNOX 5.00 X X 0 0 0 GREGORY OLSEN 2.00 X 0 0 0 ROBERT SCHRAUF 2.00 X X 0 0 0 RICHARD SHAW 2.00 X 0 0 0 ANN SIDONE 25.00 X X 0 0 0 MYRA SLETSON 2.00 X 0 0 0 KIMBERLI MORRIS 2.00 X 0 0 0 PATRICK MORSE 2.00 X 0 0 0 MARJORIE NELSON 2.00 X 0 0 0 BETH JOHNSTON 2.00 X 0 0 0 LISA MARSHALL 25.00 X X 0 0 0 COREY HAMILTON 40.00 X 129084 0 21222 WILLIAM JAMES 40.00 X 190346 0 28058 RICHARD LYSLE 40.00 X 0 0 0 JOY BODNAR 40.00 X 106249 0 11967 425679 0 61247 6 0 1 0 SODEXO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICES 893236 REESE LOWER PATRICK & SCOTT 250 VALLEYBROOK DRIVE LANCASTER PA 17601 BUILDING DESIGN SERVICES 389717 THOMPSON LTC PHARMACY 602 EAST CHESTNUT AVENUE ALTOONA PA 16601 PHARMACY SERVICES 332045 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 REHAB SERVICES/THERAPIES 209987 FRIENDS SERVICES FOR THE AGING 350 SENTRY PARKWAY EAST BLUE BELL PA 19422 CONSULTING SERVICES 187859 5 133862 133862 RESIDENT SERV REVENUES 623000 14014653 14014653 APPLICATION FEES 623000 6000 6000 14020653 236843 236843 27214 21287 5927 5927 5927 11803311 11404084 399227 399227 399227 GUEST HOUSE REVENUE 721000 28275 28275 DINING REVENUE 900099 27447 27447 GIFT SHOP REVENUE 453220 15126 15126 5486 5486 76334 14872846 14020653 0 718331 115892 115892 396985 244700 152285 4689316 3974928 632304 82084 98878 80213 18665 1119991 1047877 61472 10642 992230 841070 133792 17368 25100 25100 59542 59542 596418 459397 137021 150319 150319 525815 457678 68137 94003 44336 49667 532501 532501 42228 32253 9975 19027 8939 10088 1551830 1551830 2301033 2263389 37644 106207 106207 FOOD 499893 498204 1689 PHARMACY 334251 334251 REPAIRS & MAINTENANCE 274899 272506 2393 THERAPIES 237154 237154 372255 219921 152334 15135767 11771416 3254257 110094 898 898 5948119 1806334 1009774 221360 131319 1294094 1774551 74198 1681452 68099821 10485764 57535815 57614057 12547907 17924772 953161 1172626 79585326 82106009 3381200 808248 25548204 28930153 39833318 41107713 507226 529118 69269948 71375232 X 5427197 5481882 4729442 5077023 158739 171872 10315378 10730777 79585326 82106009 X -262921 756408 -90696 12608 X 0 1 X 1 0 X 684561 360345 1539518 1268900 133862 3987186 9620471 10331478 10338819 12244196 14020653 56555617 10305032 10691823 11878337 13513096 14154515 60542803 0 0 0 60542803 165434 181148 233914 264061 264057 1108614 165434 181148 233914 264061 264057 1108614 30558 29718 69417 55483 76334 261510 10501024 10902689 12181668 13832640 14494906 61912927 0.97790 0.97480 0.01790 0.02140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 942828 942828 61755322 8883527 52871795 5225061 1602237 3622824 176610 176610 57614057 UNEARNED RESIDENT AND HEALTHCARE FEES 191118 REFUNDABLE DEPOSITS 338000 529118 X 15663674 756408 13133 769541 14894133 -21287 -21287 14872846 15157579 21812 21812 15135767 0 15135767 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CORPORATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAX AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT HAS DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2013 AND 2012. THE CORPORATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS FOR THE YEARS SUBSEQUENT TO 2010 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 13,133. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -21,287. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 21,287. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES 525. 1 FINANCIAL ASSISISTANCE TO FOXDALE RESIDENTS. 8 115892 CASH N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: REQUESTS FOR ASSISTANCE ARE MADE INITIALLY THROUGH THE DIRECTOR OF FINANCIAL SERVICES WHO WILL TAKE THE REQUEST TO THE COMMUNITY FUND ASSISTANCE COMMITTEE FOR REVIEW. THE COMMITTEE CONSISTS OF THE EXECUTIVE DIRECTOR, THE DIRECTOR OF FINANCIAL SERVICES, AND THE CLERK OF THE FOXDALE CORPORATE BOARD. THE COMMITTEE WILL MAKE A DECISION PERTAINING TO ASSISTANCE BASED ON COMPLETE INFORMATION ON THE RESIDENT'S FINANCIAL CIRCUMSTANCES. THE DECISION WILL BE BASED ON THE RESIDENT MAINTAINING A REASONABLE STANDARD OF LIVING. THE DIRECTOR OF FINANCIAL SERVICES WILL REVIEW THE SUBSIDY ON A PERIODIC BASIS BASED ON INCREASES IN COST OF LIVING, FOXDALE'S FEES AND THE RESIDENT'S INCOME. X X X X X X 1 0 0 0 0 0 0 0 0 COREY HAMILTON 129084 0 0 0 0 0 5027 0 16195 0 150306 0 0 0 WILLIAM JAMES 107329 0 0 0 83017 0 7499 0 20559 0 218404 0 0 0 PART I, LINE 4A WILLIAM JAMES, SEVERANCE AGREEMENT. BILL WAS GIVEN A THREE MONTH ADMINISTRATIVE LEAVE FROM 6/15/2012 TO 9/21/2012. HE WAS THEN GIVEN A SEVERANCE AGREEMENT WHICH PAID HIM FOR 24 WEEKS ENDING 3/8/2013. BILL WAS ALSO PAID HIS PTO ACCRUAL OF 540 HOURS. HE WAS GIVEN INSURANCE AND PENSION CONTRIBUTIONS FOR THE ENTIRE PERIOD. A CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2010-10-14 30000000 NEW CONSTRUCTION AND CAMPUS RENOVATION 0 0 0 B CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2011-07-27 9640000 NEW CONSTRUCTION AND CAMPUS RENOVATION 0 0 0 C CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2012-02-09 9335590 NEW CONSTRUCTION AND CAMPUS RENOVATION 0 0 0 A 30000000 609006 329373 27982386 1079235 2013 0 0 0 1 B 9640000 169823 140234 8983143 346800 2013 0 0 0 1 C 9335590 29794 139969 8770896 394931 2013 0 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 1 1 0 0 0 0 B 1 1 0 0 0 0 C 1 1 0 0 0 0 A 1 B 1 C 1 SCHEDULE K, PART IV, LINE 7: FOXDALE VILLAGE DOES NOT HAVE A DEBT SERVICE RESERVE FUND ASSOCIATED WITH ANY OF THE THREE OUTSTANDING DEBT ISSUES. AS SUCH, FOXDALE VILLAGE DOES NOT HOLD FUNDS TO WHICH THE REQUIREMENTS OF SECTION 148 PERTAINS. SUCH PROVISIONS FOR THE ACCOUNTING OF SECTION 148 WILL BE PUT INTO PLACE IF THE FINANCING STRUCTURE OF FOXDALE VILLAGE CHANGES AND SUCH REQUIREMENTS APPLY. MYRA SLETSON BOARD MEMBER 1651896 MYRA SLETSON IS A CREDIT OFFICER WITH NORTHWEST SAVINGS BANK. NORTHWEST SERVES AS THE LEAD BANK IN FOXDALE'S FINANCING PACKAGE. MYRA HAS BEEN EXCUSED FROM ANY AND ALL MEETINGS RELATING TO THE FINANCING IN AN EFFORT TO MAINTAIN PROPER INDEPENDENCE FROM FINANCING DECISIONS. FOXDALE ALSO USES AN EXTERNAL CONSULTANT FOR EVALUATING THE FINANCING PACKAGE AND ANY SUBSEQUENT CHANGES. THIS IS TO ENSURE THAT THE STRUCTURE, INTEREST RATE, AND FEES ARE RELATED TO THE FINANCING ARE IN THE BEST INTEREST OF FOXDALE VILLAGE. 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE CORPORATION IN EMERGENCY SITUATIONS. ANY DECISION MADE BY THE EXEUCTIVE COMMITTEE IS DISCUSSED AT LENGTH AT THE FOLLOWING BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE INFORMATION USED IN THE 990 WAS PREPARED PRIMARILY BY THE DIRECTOR OF FINANCIAL SERVICES WHO PROVIDED THIS INFORMATION TO THE AUDITING FIRM PARENTEBEARD. PARENTEBEARD PREPARED THE 990 AND SUBMITTED IT BACK TO THE FINANCE AND PROPERTY COMMITTEE FOR REVIEW AT THEIR COMMITTEE MEETING. THE COMMITTEE THEN FORWARDED THE DOCUMENT TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AT WHICH TIME IT WAS APPROVED. AFTER APPROVAL, PARENTEBEARD SUBMITTED THE 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND KEY EMPLOYEES MUST SUBMIT A CONFLICT OF INTEREST STATEMENT AND THESE STATEMENTS ARE REVIEWED BY EACH BOARD MEMBER AT THEIR AUGUST MEETING. INDIVIDUAL BOARD MEMBERS ARE ENCOURAGED TO ASK QUESTIONS REGARDING ANYONE WITH A CONFLICT AT THAT MEETING AND THE BOARD WOULD DECIDE IF THEY FEEL THE CONFLICT IS LARGE ENOUGH TO REQUIRE ACTION. NO SUCH CONFLICT EXISTED IN 2012/2013. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE SALARY FOR THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. THE PRIMARY TOOL FOR COMPARITIVE PURPOSES ARE ANNUAL SALARY SURVEYS. ALL OTHER EMPLOYEE COMPENSATION RATES ARE ESTABLISHED BY THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF HUMAN RESOURCES. THEY ALSO USE ANNUAL SALARY SURVEYS FOR ESTABLISHING COMPENSATION RATES AS WELL AS COMPARITIVE DATA FROM LOCAL SOURCES TO ENSURE COMPENSATION DOES NOT EXCEED FAIR MARKET VALUE. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST FROM THE ADMINISTRATION OF FOXDALE VILLAGE AND HAVE BEEN INCLUDED IN BOARD MEETING PACKETS WHEN THEY ARE REVIEWED, CHANGED AND APPROVED. THE BOARD MEETING PACKETS ARE AVAILABLE TO THE PUBLIC IN THE FOXDALE VILLAGE LIBRARY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -525. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 13,133.