2011-07-01T11:10:26-05:00 2010-12-31 EIKILL & SCHILLING LTD 230 W SUPERIOR ST SUITE 600 DULUTH MN 55802 990 2010-01-01 411429402 DULUTH SUPERIOR AREA COMMUNITY FOUNDATION DULU 2187260232 ZEITGEIST ARTS BLD 222 E SUPERIOR ST NO 302 DULUTH MN 55802 HOLLY SAMPSON 2187260232 2011-06-27 1 DEBORAH MEDLIN 2187224705 2010 2016-02-24 21:20:13Z X HOLLY SAMPSON ZEITGEIST ARTS BLD 222 E SUPERIOR ST NO 3 DULUTH MN 55802 21360497 0 X WWW.DSACOMMUNITYFOUNDATION.COM X 1983 MN THE DULUTH SUPERIOR AREA COMMUNITY FOUNDATION PROMOTES PRIVATE GIVING FOR THE PUBLIC GOOD. 13 13 9 270 0 0 2020623 1913395 0 0 -478319 1621594 32639 38592 1574943 3573581 1481211 1459680 0 0 546952 525798 0 0 151311 566624 439082 2594787 2424560 -1019844 1149021 46802169 51800410 1701599 1834263 45100570 49966147 X THE DULUTH SUPERIOR AREA COMMUNITY FOUNDATION PROMOTES PRIVATE GIVING FOR THE PUBLIC GOOD. 0 0 1910666 1459680 IN 2010 THE COMMUNITY FOUNDATION AWARDED $1,459,680.15 IN GRANTS AND SCHOLARSHIPS. TOTAL GRANTS AWARDED WERE $1,172,334.15 (INCLUDING INTERFUND GRANTS COMPRISED OF: 29% UNRESTRICTED FUNDS, 28% DESIGNATED, 24% FIELD OF INTEREST AND 19% DONOR ADVISED. THE LARGEST PROGRAM AREA SUPPORTED WAS HUMAN SERVICES WITH 45% OF GRANT FUNDS, FOLLOWED BY 23% IN EDUCATION, 18% IN ARTS, 7% IN COMMUNITY AND ECONOMIC DEVELOPMENT, AND 7% IN ENVIRONMENT. OVER 63% OF THE GRANTS FOR 2010 WERE AWARDED WITHIN ST. LOUIS COUNTY.IN 2010 THE COMMUNITY FOUNDATION AWARDED $166,596 IN SCHOLARSHIPS FROM ENDOWED FUNDS AND $120,750 FROM 8 TEMPORARY SCHOLARSHIP FUNDS FOR WHICH THE FOUNDATION PROVIDES SCHOLARSHIP SERVICES. IN ADDITION THE FOUNDATION PROVIDED SCHOLARSHIPS TOTALING $495,000 FROM AN AFFILIATED TRUST SCHOLARSHIP. 213837 IN 2010 THE COMMUNITY FOUNDATION INCREASED ITS VISABILITY THROUGH A PAID MEDIA CAMPAIGN, EARNED MEDIA AND A SOCIAL MEDIA CAMPAIGN. THESE EFFORTS RESULTED IN AN INCREASED INTEREST AND AWARENESS OF THE DULUTH SUPERIOR AREA COMMUNITY FOUNDATION. THIS CAN BE QUANTIFIED VIA OUR WEBSITE ANALYTICALS AND ELECTRONIC COMMUNICATION DATA, ALONG WITH INCREASED ATTENDANCE AT OUR COMMUNITY WIDE EVENTS. 2124503 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 4 0 9 1 0 1 BD CJ 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X JOHN M FOSCHI 2187260232 222 E SUPERIOR ST SUITE 302 DULUTH MN 55802 DONALD WALLGREN X 0 0 0 LYLE NORTHEY X X 0 0 0 RYAN BOMAN X 0 0 0 JENNIFER CAREY X X 0 0 0 PHILLIP ROLLE X 0 0 0 AREND SANDBULTE X 0 0 0 HOWARD KLATZKY X X 0 0 0 LEROY KOLQUIST X X 0 0 0 FARIBA PENDLETON X 0 0 0 DAVID NASBY X 0 0 0 CLAUDIA SCOTT WELTY X 0 0 0 AMY HUNT KURONEN X 0 0 0 MIA THIBODEAU X 0 0 0 HOLLY SAMPSON 40.00 X 118813 0 12265 118813 0 12265 1 0 0 0 0 1913395 372397 1913395 520275 520275 18888235 17786916 1101319 1101319 1101319 REFUNDS 900099 37818 37818 MISCELLANEOUS 900099 774 774 38592 3573581 0 0 1660186 1172334 1172334 287346 287346 131078 71239 30065 29774 311089 169474 70747 70868 54272 28818 13473 11981 29359 15192 7047 7120 1399 801 356 242 14996 8586 3818 2592 189191 189191 3599 2061 916 622 17221 17091 55 75 16092 11101 1366 3625 27825 14376 5875 7574 2154 1359 53 742 3857 2732 581 544 5213 2801 1293 1119 7022 3888 1684 1450 PRINTING 36652 33233 168 3251 EQUIPMENT 36278 21394 7886 6998 PUBLIC EDUCATION MEETIN 36089 31928 2812 1349 MISCELLANEOUS 29562 29239 224 99 DUES AND SUBSCRIPTIONS 6486 5638 167 681 5446 4681 160 605 2424560 2124503 148746 151311 2915225 719927 2626662 1276645 16198 18366 232 125448 117842 12018 7606 28795148 34179295 12237119 15398540 199799 199799 46802169 51800410 470666 460355 1230933 1373908 1701599 1834263 X 7607638 10853924 30759728 32020728 6733204 7091495 45100570 49966147 46802169 51800410 X 1149021 3716556 X X 0 1 1 X 0 X 2992962 3713893 4053018 2064180 1927709 14751762 2992962 3713893 4053018 2064180 1927709 14751762 345711 14406051 1078108 737650 600761 423179 520275 3359973 18111735 0.79540 0.66790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26 1356547 197551 6316188 1 1 44206525 1585047 5246287 1252885 486645 49298329 35343030 1712498 9283468 1318536 813935 44206525 50172041 3227555 -15466829 1600534 989203 35343030 0 0 125448 117842 7606 7606 CHARITABLE REMAINDER TRUST 358577 F ALTERNATIVE INVESTMENTS 15039963 F 15398540 HELD IN TRUST FOR OTHERS 337627 MANAGED FOR OTHERS 1036281 1373908 3573581 2424560 1149021 3716556 3716556 4865577 7313702 3716556 23565 3740121 3573581 0 3573581 2448125 23565 23565 2424560 0 2424560 1 AH ZEPPA FAMILY FOUNDATION 222 E SUPERIOR ST STE 326 DULUTH MN 55802 206424699 501(C)(3) 5000 MAJORA CARTER PUBLIC PRESENTATION ARROWHEAD ECONOMIC OPPORTUNITY AGENCY 702 SOUTH THIRD AVENUE VIRGINIA MN 55792 416052144 501(C)(3) 20000 ASSIST INDIVIDUALS IN NEED ARROWHEAD REGIONAL DEVELOPMENT COMMISSION 221 WEST FIRST STREET DULUTH MN 55802 410914274 501(C)(3) 10000 AVIATION INDUSTRY BRANDING AND MARKETING PLAN BAD RIVER WATERSHED ASSOCIATION PO BOX 875 ASHLAND WI 54806 413710575 501(C)(3) 5000 COMMUNITY ASSESSMENT OF THE BAD RIVER WATERSHED BAYFIELD COMMUNITY EDUCATION FOUNDATION INC PO BOX 921 BAYFIELD WI 54814 391843162 501(C)(3) 7497 INTEREST ALLOCATION AND PROGRAM SUPPORT BONG P-38 FUND INC 305 HARBOR VIEW PARKWAY SUPERIOR WI 54880 391647421 501(C)(3) 5871 EDUCATION OUTREACH COORDINATOR BOYS & GIRLS CLUB OF DULUTH 2623 WEST 2ND STREET DULUTH MN 55816 410969947 501(C)(3) 13700 PROGRAM SUPPORT AND CORE MISSION SUPPORT CARLTON COUNTY CHILDREN AND FAMILY SERVICES COLLABORATIVE 509 CARLTON AVENUE CLOQUET MN 55720 416000448 501(C)(3) 10000 JUMP START 4 KINDERGARTEN CHALLENGE CENTER INC 39 NORTH 25TH STREET EAST SUPERIOR WI 54880 391658019 501(C)(3) 5000 COMMUNITY BASED SUPPORTED EMPLOYMENT CHURCHES UNITED IN MINISTRY 102 WEST SECOND STREET DULUTH MN 55802 411227969 501(C)(3) 11239 ACTIVATING IMMERGING LEADERS IN NEIGHBORHOODS, EMERGENCY SHELTER OPERATING SUPPORT, INTEREST ALLOCATION FOOD SHELVES CITY OF TWO HARBORS 522 FIRST AVENUE TWO HARBORS MN 55616 416005579 CITY OF TWO HARBORS 9000 TWO HARBORS HERITAGE DAYS, FIRE DEPARTMENT STORAGE BUILDING, 2010 MAYOR'S BLOCK PARTY CLOQUET EDUCATIONAL FOUNDATION 302 14TH STREET CLOQUET MN 55720 411543092 501(C)(3) 23268 PROGRAM SUPPORT COLLEGE OF ST SCHOLASTICA 1200 KENWOOD AVENUE DULUTH MN 55811 410698301 501(C)(3) 10738 INTERFAITH DIALOGUE AND SERVICE LEARNING, MULTICULTURAL LEADERSHIP ORIENTATION, TOWER FUND-FINANCIAL AID, THE WAR ON AMERICAN IDEALS, THE ROOTS OF TERROR COMMUNITY ACTION DULUTH 19 NORTH 21ST AVENUE WEST DULUTH MN 55806 411410670 501(C)(3) 22500 JUMP START DULUTH, 2010 TOUCHSTONE AWARD, COMMUNITY ENGAGEMENT GETTING AHEAD DULUTH DAMIANO OF DULUTH INC 206 WEST FOURTH STREET DULUTH MN 55806 411453521 501(C)(3) 18484 DAMIANO SOCIAL SERVICES, CLOTHES THAT WORK, KIDS CAFE, INTEREST ALLOCATION - SOUP KITCHEN, BACK TO SCHOOL CLOTHING DULUTH CHILDREN'S MUSEUM INC 506 WEST MICHIGAN STREET DULUTH MN 55802 410718361 501(C)(3) 14259 MUSEUM ON THE MOVE: EXHIBIT EXPLORATIONS, OPERATING SUPPORT, PROGRAM SUPPORT, BE THE SPARK CAPITAL CAMPAIGN DULUTH FESTIVAL OPERA 222 EAST SUPERIOR STREET DULUTH MN 55802 202525282 501(C)(3) 5000 OPERA IN THE PARK DULUTH LIGHTHOUSE FOR THE BLIND 4505 WEST SUPERIOR STREET DULUTH MN 55807 410706140 501(C)(3) 28363 INTEREST ALLOCATION, JENKS FUND, PROGRAM SUPPORT DULUTH PLAYHOUSE INC 506 WEST MICHIGAN STREET DULUTH MN 55802 410694692 501(C)(3) 22324 PROGRAM SUPPORT, STAGE PLAY: THEATRE FOR CHILDREN WITH AUTISM, 13: THE MUSICAL COLLABORATION, YOUTH LEADERSHIP INTERNSHIP, NORSHOR THEATRE - BUSINESS PLAN, INTEREST ALLOCATION GENDER MATTERS 2001 WAVERLY AVENUE DULUTH MN 55807 263603254 501(C)(3) 8000 PROGRAM SUPPORT GIRL SCOUTS OF MINNESOTA AND WISCONSIN LAKES AND PINES COUNCIL 424 WEST SUPERIOR STREET G3 DULUTH MN 55802 410877820 501(C)(3) 10369 PROGRAM SUPPORT, JENKS FUND GRACE LUTHERAN CHURCH 5454 MILLER TRUNK HIGHWAY DULUTH MN 55811 410974537 501(C)(3) 11284 PROGRAM SUPPORT GRANT COMMUNITY SCHOOL COLLABORATIVE 108 EAST 6TH STREET DULUTH MN 55805 412002724 501(C)(3) 16500 COLLABORATIVE YOUTH DEVELOPMENT PROGRAM MERGER, ANISHINABE CULTURE CLASSES AND POW WOW HAWK RIDGE BIRD OBSERVATORY INC PO BOX 3006 DULUTH MN 55803 760746366 501(C)(3) 8000 GENERAL OPERATING SUPPORT HUMAN DEVELOPMENT CENTER 1401 E FIRST ST DULUTH MN 55805 410777937 501(C)(3) 8100 "LOOK IT IN THE EYE" NORTHLAND, PROGRAM SUPPORT ISD#381 LAKE SUPERIOR PUBLIC SCHOOLS 1640 HIGHWAY 2 TWO HARBORS MN 55616 416001896 ISD#381 LAKE SUPERIO 6864 SCHOOL READINESS PROGRAM, ACCESS YOUTH ISD#709 DULUTH PUBLIC SCHOOLS 215 NORTH FIRST AVENUE EAST DULUTH MN 55802 416003776 ISD#709 - DULUTH PUB 37160 SCOTT ANDERSON LEADERSHIP FORUM - YEAR VII, INTEREST ALLOCATION, PROGRAM SUPPORT JUNIOR ACHIEVEMENT OF THE UPPER MIDWEST INC 301 W 1ST STREET DULUTH MN 55816 411424988 501(C)(3) 6000 JUNIOR ACHIEVEMENT OF THE TWIN PORTS, HERMANTOWN CLASSROOM EXPANSION JUST KIDS DENTAL PO BOX 146 TWO HARBORS MN 55616 204869990 501(C)(3) 8000 SCHOOL DENTAL CLINICS KINSHIP OF AITKIN COUNTY PO BOX 372 AITKIN MN 56431 411682641 501(C)(3) 8500 YOUTH DEVELOPMENT PROGRAM MARSHALL SCHOOL 1215 RICE LAKE ROAD DULUTH MN 55811 410765672 501(C)(3) 6031 PROGRAM SUPPORT, BIG CIRCLE FUND - FINANCIAL AID MENDING THE SACRED HOOP 202 E SUPERIOR STREET DULUTH MN 55802 611520024 501(C)(3) 10000 NANDA-GIKENDAN, "TO SEEK KNOWLEDGE" MILLER-DWAN FOUNDATION 502 EAST SECOND STREET DULUTH MN 55805 237396466 501(C)(3) 19000 PEDIATRIC CANCER CARE, PEDIATRIC BURN CARE, CHILD ADOLESCENT MENTAL HEALTH, CHILDREN AND YOUTH MENTAL HEALTH FACILITY MINNESOTA BALLET 301 WEST FIRST STREET DULUTH MN 55802 416055588 501(C)(3) 10901 EDUCATION COORDINATOR, GUEST COSTUMER, HERMANTOWN MIDDLE SCHOOL OUTREACH PROGRAM MINNESOTA COUNCIL FOR QUALITY 1821 UNIVERSITY AVENUE W ST PAUL MN 55104 411645157 501(C)(3) 10000 DULUTH/SUPERIOR COMMUNITY LEADERSHIP FORUM MINNESOTA LAND TRUST 2356 UNIVERSITY AVENUE WEST ST PAUL MN 55114 411713652 501(C)(3) 15000 NORTH SHORE PROTECTION INITIATIVE NEIGHBORHOOD HOUSING SERVICES OF DULUTH 224 EAST 4TH STREET DULUTH MN 55805 411465688 501(C)(3) 12500 4TH STREET CORRIDOR REVITALIZATION, 2010 TOUCHSTONE AWARD NORTH SHORE COMMUNITY SCHOOL 5926 RYAN ROAD DULUTH MN 55804 412009080 501(C)(3) 6140 GREENHOUSE REVITALIZATION, INTEREST ALLOCATION NORTH SHORE HEALTH CARE FOUNDATION PO BOX 454 GRAND MARAIS MN 55604 411694904 501(C)(3) 7007 HOSPICE PROGRAM, EDUCATIONAL MATERIALS NORTH SHORE HORIZONS PO BOX 206 TWO HARBORS MN 55616 411451736 501(C)(3) 12300 SURVIVOR EMOTIONAL SUPPORT SERVICES IN TWO HARBORS, SILVER BAY EXPANSION OF SERVICES, TECHNOLOGY UPGRADE NORTHERN BIBLE SOCIETY 129 WEST FARIBAULT STREET DULUTH MN 55803 410790153 501(C)(3) 7387 PROGRAM SUPPORT AND INTEREST ALLOCATION NORTHERN LAKE COUNTY ARTS BOARD PO BOX 67 SILVER BAY MN 55614 411993330 501(C)(3) 5587 ROSE ENSEMBLE EVENT, ROSE ENSEMBLE COMMUNITY CONCERT, DANCE PROGRAM SCHOLARSHIPS NORTHSHORE AREA PARTNERS 99 EDISON BOULEVARD R21 SILVER BAY MN 55614 201156990 501(C)(3) 12000 VOLUNTEER PROGRAM SUPPORT, CAREGIVER SUPPORT PROGRAM PILGRIM CONGREGATIONAL CHURCH 2310 EAST FOURTH STREET DULUTH MN 55812 410704218 501(C)(3) 11149 PROGRAM SUPPORT, OPERATIONAL SUPPORT RANGE TRANSITIONAL HOUSING INC PO BOX 1146 VIRGINIA MN 55792 411773248 501(C)(3) 5761 HIBBING TRANSITIONAL HOUSING PROJECT RANGE WOMEN'S ADVOCATES 301 1ST STREET SOUTH STE 100 VIRGINIA MN 55792 411369020 501(C)(3) 10984 EMPOWERING SURVIVORS: HEALING AND RECOVERY, ECONOMIC EMPOWERMENT FOR SURVIVORS SAFE HAVEN SHELTER FOR BATTERED WOMEN P O BOX 3558 DULUTH MN 55803 411317462 501(C)(3) 14000 PATHWAYS PROGRAM OF NORTHEASTERN MINNESOTA, SUPPORTING PETS SUPPORTING SURVIVORS, PROGRAM SUPPORT SECOND HARVEST NORTHERN LAKES FOOD BANK 4503 AIRPARK BOULEVARD DULUTH MN 55811 363479964 501(C)(3) 8000 GENERAL OPERATING SUPPORT SEXUAL ASSAULT PROGRAM OF NORTHERN ST LOUIS COUNTY 505 12TH AVE WEST VIRGINIA MN 55792 363297404 501(C)(3) 6389 WEST RANGE OUTREACH, DIRECT SERVICES FOR SEXUAL VIOLENCE VICTIMS SILVER BAY PARENT TEACHER STUDENT ORGANIZATION 137 BANKS BOULEVARD SILVER BAY MN 55614 251903810 501(C)(3) 5748 WILLIAM KELLY ELEMENTARY AFTER SCHOOL PROGRAM SOAR CAREER SOLUTIONS 205 WEST SECOND STREET DULUTH MN 55805 411449179 501(C)(3) 10000 SUBSIDIZED EMPLOYMENT SERVICES ST PAUL'S EPISCOPAL CHURCH 1710 EAST SUPERIOR STREET DULUTH MN 55812 410694742 501(C)(3) 5000 PROGRAM SUPPORT SUPERIOR BUSINESS IMPROVEMENT DISTRICT 1401 TOWER AVENUE SUITE 302 SUPERIOR WI 54880 396005631 CITY OF SUPERIOR 10000 PHANTOM GALLERIES, SUPERIOR SUSTAINABLE TWIN PORTS PO BOX 424 DULUTH MN 55801 262103171 501(C)(3) 5000 CREATING A SUSTAINABLE TWIN PORTS THE SALVATION ARMY - DULUTH 215 SOUTH 27TH AVENUE WEST DULUTH MN 55806 410698597 501(C)(3) 31231 INTEREST ALLOCATIONPROGRAM SUPPORT, ASSIST INDIVIDUALS IN NEED, GENERAL OPERATING SUPPORT, EMERGENCY FOOD SERVICES TRINITY-BY-THE-COVE EPISCOPAL CHURCH 553 GALLEON DRIVE NAPLES FL 34102 111646315 501(C)(3) 5000 PROGRAM SUPPORT UNITED WAY OF GREATER DULUTH 424 WEST SUPERIOR STREET DULUTH MN 55802 410857077 501(C)(3) 67992 INTEREST ALLOCATION, PROGRAM SUPPORT, JENKS FUND - QUARTERLY PAYMENT, 2-1-1 INFORMATION AND REFERRAL PROGRAM EXPANSION TO SUPERIOR/DOUGLAS COUNTY UNIVERSITY OF MINNESOTA DULUTH 1049 UNIVERSITY DRIVE DULUTH MN 55812 416007513 501(C)(3) 13645 CELEBRATING THE ART OF COLLABORATION WITH LIBBY LARSON, SCHOOL OF FINE ARTS PROGRAM SUPPORT IN MEMORY OF BOB EATON, THEATER DEPARTMENT, SOCIAL ENTERPRISE GARDEN VOYAGEURS NATIONAL PARK ASSOCIATION 126 N THIRD ST STE 400 MINNEAPOLIS MN 55401 416049473 501(C)(3) 5625 ENVIRONMENTAL EDUCATION INTERPRETER, VOYAGEURS VOLUNTEER RENDEZVOUS WTIP NORTH SHORE RADIO PO BOX 1005 GRAND MARAIS MN 55604 411754979 501(C)(3) 12000 ENGAGING YOUTH, VOICES OF THE NORTH SHORE ARTS COMMUNITY YMCA OF DULUTH 302 WEST FIRST STREET DULUTH MN 55802 410693931 501(C)(3) 10700 PROGRAM SUPPORT, PARTNER WITH YOUTH FUND YWCA OF DULUTH 32 EAST 1ST STREET SUITE 202 DULUTH MN 55802 410696493 501(C)(3) 26839 PROGRAM SUPPORT, INTEREST ALLOCATION, WOMEN OF DISTINCTION LUNCHEON, GIRL POWER!, SPIRIT VALLEY YOUNG MOTHERS PROGRAM 58 4 SCHOLARSHIPS 150 287346 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: DULUTH SUPERIOR AREA COMMUNITY FOUNDATION (DSACF) REQUIRES ALL GRANTEES TO SIGN AND ABIDE BY A GRANT AGREEMENT THAT REQUIRES THE GRANTEE TO USE GRANT MONIES ONLY FOR THE DESIGNATED PURPOSES DESCRIBED IN GRANT APPLICATION, MAINTAIN THEIR BOOKS/RECORDS TO ACCOUNT FOR SEPARATELY THE GRANT FUNDS AND EXPENDITURES, PERMIT DSACF ACCESS TO THEIR FILES/RECORDS, RETURN ANY UNUSED FUNDS, SUBMIT THE FINAL PROJECT REPORT BY A SET DATE. THE DSACF DIRECTOR OF COMMUNITY PHILANTHROPY AND THEIR STAFF MONITORS THE GRANTEE'S COMPLETION OF THESE CRITERIA INCLUDING REPORT REVIEWS, RANDOM FIELD AND GRANTEE REQUIRED PROGRESS REPORTS AND OTHER WORK AS CONSIDERED NECESSARY TO ENSURE FULL GRANTEE COMPLIANCE WITH ALL TERMS OF THE GRANT AGREEMENT. HOWARD KLATZKY TRUSTEE 19045 PUBLIC COMMUNICATIONS/ANNUAL REPORT COMPLETED BY H.T. KLATZKY & ASSOCIATES 0 JENNIFER CAREY TRUSTEE 3500 LEGAL WORK PROVIDED BY HANFT, FRIDE, PA 0 X 28 372397 AVERAGE MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 UPON RECEIPT OF THE COMPETED AUDIT AND FORM 990 IN DRAFT FORM FROM THE INDEPENDENT AUDITOR THE ORGANIZATION'S FINANCIAL OFFICER REVIEWS THEM. THE FINANCIAL OFFICER PROVIDES A COPY OF THE PUBLIC INSPECTION FORM 990 IN DRAFT FORM TO THE TREASURER FOR REVIEW. THE AUDIT COMMITTEE WILL MEET TO REVIEW THE DRAFT OF THE AUDIT AND THE PUBLIC INSPECTION COPY OF THE FORM 990 AS PRESENTED BY THE INDEPENDENT AUDITOR. THE DRAFTS OF EACH ARE SENT TO COMMITTEE MEMBERS IN ADVANCE OF THE MEETING TO PROVIDE ADEQUATE TIME FOR REVIEW PRIOR TO THE MEETING. AFTER THE AUDIT COMMITTEE'S REVIEW, THE INDEPENDENT AUDITOR WILL PRESENT A DRAFT OF THE AUDIT AND THE PUBLIC INSPECTION COPY OF THE FORM 990 AT THE BOARD MEETING FOR THEIR APPROVAL. A COPY OF EACH IS SENT OUT IN THE BOARD PACKET TO PROVIDE TIME FOR REVIEW PRIOR TO THE MEETING. FORM 990, PART VI, SECTION B, LINE 12C AT THE START OF EACH YEAR THE CONFLICT OF INTEREST POLICY AND A QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS. THE QUESTIONNAIRE IS COMPLETED AND RETURNED BY ALL BOARD MEMBERS. INFORMATION PERTAINING TO CONFLICTS IS RECORDED BY THE ORGANIZATION. A REPORT OF ALL CONFLICTS IS DISTRIBUTED AT EACH MEETING. IN ADDITION A DECLARATION SHEET IS DISTRIBUTED AT ALL MEETINGS SO BOARD MEMBERS MAY LIST CONFLICTS OF INTEREST ARISING SINCE THE COMPLETION OF THE QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE RECOMMENDS THE SALARY FOR THE PRESIDENT AND ALL OTHER STAFF. THIS IS COMPLETED ANNUALLY AS PART OF THE OVERALL BUDGET ANALYSIS BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE THEN PRESENTS THE BUDGET TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS 990 AVAILABLE TO THE PUBLIC UPON REQUEST AND ON GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 3,716,556. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.