2012-06-26T14:48:19-05:00 2011-12-31 201695613 BOLLENBACHER & ASSOCIATES LLC 215 E PEARL ST PO BOX 702 PORTLAND IN 47371 990 2011-01-01 352019497 THE PORTLAND FOUNDATION INC PORT 2607264260 112 EAST MAIN STREET PORTLAND IN 47371 DOUGLAS L INMAN 2607264260 2012-06-19 1 SCOTT A BOLLENBACHER CPA P00401897 2607264207 2012-06-19 2011 2016-02-24 21:20:13Z DOUGLAS L INMAN 112 EAST MAIN STREET PORTLAND IN 47371 421030 0 X WWW.PORTLANDFOUNDATION.ORG X 1997 IN ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT 9 9 0 0 0 0 831237 192304 0 0 148437 228726 0 0 979674 421030 141520 175658 0 0 47001 56573 0 0 0 68646 73468 257167 305699 722507 115331 8433865 8206745 0 0 8433865 8206745 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT 0 0 269298 THE PORTLAND FOUNDATION ADMINISTERS APPROXIMATELY 100 SEPARATE SCHOLARSHIP TRUSTS ESTABLISHED FOR THE PROVISION OF STUDENT SCHOLARSHIPS IN AND AROUND JAY COUNTY INDIANA. THE FOUNDATION ENSURES SPECIFIC GUIDELINES ESTABLISHED BY EACH SCHOLARSHIP TRUST ARE FOLLOWED IN AWARDING SCHOLARSHIPS TO BETTER THE COMMUNITY. 269298 1 1 0 0 0 1 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X DOUGLAS L INMAN 2607264260 112 EAST MAIN STREET PORTLAND IN 47371 DOUGLAS L INMAN 40.00 X 36339 0 0 EMILY ROBERTS 0.00 X 0 0 0 MARIANNE HORN 0.00 X 0 0 0 JULIE FORCUM 0.00 X 0 0 0 RON LAUX 0.00 X 0 0 0 DEAN JETTER 0.00 X 0 0 0 ERIC REYNOLDS 0.00 X 0 0 0 ROSALIE CLAMME 0.00 X 0 0 0 DAVID FULLENKAMP 0.00 X 0 0 0 MARY DAVIS 0.00 X 0 0 0 36339 0 0 0 0 0 0 0 192304 192304 228726 228726 421030 0 0 228726 125763 125763 49895 49895 36339 18170 18169 10629 10629 6012 4088 1924 3593 2203 1390 2928 2928 14209 14209 34581 34581 1203 1203 1560 1560 3816 3816 1681 1681 959 959 LILLY SCHOLARSHIP 2754 2754 PRINTING 2078 2078 UTILITIES 1516 1516 MAINTENANCE 1318 1318 4865 797 4068 305699 269298 36401 0 8433865 8206745 8433865 8206745 0 0 X 773098 796946 739888 296616 6920879 7113183 8433865 8206745 8433865 8206745 X 115331 -342451 X X 0 1 1 X 0 X X X X 0 0 0 THE PORTLAND FOUNDATION 356028362 TRUST 1 1 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 495 22665 1 1 9788046 192304 -99770 176924 141860 9561796 8186744 831237 1035402 141520 123817 9788046 5745957 217829 2506077 176261 106858 8186744 7961383 395748 -2299791 166811 144572 5745957 1 0 0 FMB-CORPORATE BONDS 251359 F FMB-MUTUAL FUNDS 4084262 F FMB-SAVINGS AND TEMP CASH 86369 F FMB-US & STATE GOVT 127705 F RJ-SAVINGS & TEMP CASH 4260 F MAINSOURCE-CORP BONDS 67916 F MAINSOURCE-MUTUAL FUNDS 2823924 F MAINSOURCE-SAVINGS AND TEMP CASH 11463 F FMB-OTHER 58053 F RJ-OTHER 18981 F RJ-MUTUAL FUNDS 192219 F FEG HEDGE FUNDS 480234 F 8206745 421030 305699 115331 -342451 -342451 -227120 78579 -342451 -342451 421030 0 421030 305699 0 305699 0 305699 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENTS HELD ARE USED FOR SCHOLARSHIPS AND THE BETTERMENT OF JAY COUNTY PART XI, LINE 8 - OTHER ADJUSTMENTS: TRANSFER FROM PF - TRUST 35-6028362 1 JAY COMMUNITY CENTER 115 E WATER STREET PORTLAND IN 47371 501(C)(3) 20211 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT JAY COUNTY FOURTH OF JULY COMMITTEE 118 SOUTH MERIDIAN STREET SUITE A PORTLAND IN 47371 501(C)(3) 5500 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT ASBURY UNITED METHODIST CHURCH 204 E ARCH PORTLAND IN 47371 501(C)(3) 40400 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT JAY-RANDOLPH DEVELOPMENTAL SERVICES 901 E WATER PORTLAND IN 47371 501(C)(3) 10831 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT UNITED WAY OF JAY COUNTY 101 S MERIDIAN PORTLAND IN 47371 501(C)(3) 6473 ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT 5 SCHOLARSHIPS 42 49895 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: WHEN A GRANT IS AWARDED TO A NOT-FOR-PROFIT ORGANIZATION, THE FOUNDATION HAS PROCEDURES IN PLACE TO ENSURE PROPER USAGE OF THE GRANT FUNDS. THE RECIPIENT ORGANIZATION MUST SHOW PROOF OF EXPENDITURE FOR THE PROJECT, AND THEN MUST SIGN A GRANT AGREEMENT, WHEREBY THEY AGREE TO USE THE GRANT FUNDS ONLY FOR THE PROJECT FOR WHICH THE GRANT WAS AWARDED. ONCE THE GRANT FUNDS ARE EXPENDED, THE RECIPIENT ORGANIZATION MUST COMPLETE A WRITTEN FINAL GRANT REPORT, WHICH DETAILS THE USAGE OF THE GRANT FUNDS. FINALLY, THE FOUNDATION CONDUCTS ON-SITE VISITS WITH RECIPIENT ORGANIZATIONS AS A WAY TO FURTHER ENSURE PROPER USAGE OF GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWED THE TAX RETURN BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH MEMBER TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR. THIS IS BASED ON COMPARABILITY, CONTUNATION OF EMPLOYMENT, ETC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, POLICIES, AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -342,451. TRANSFER FROM PF - TRUST 35-6028362 TOTAL TO FORM 990, PART XI, LINE 5: -342,451. NO CHANGES