2011-05-12T21:00:07-05:00 2010-12-31 CROWE HORWATH LLP 3815 River Crossing Parkway Suite 300 Indianapolis IN 462400977 990 2010-01-01 356039680 AMERICAN LEGION ENDOWMENT FUND CORPORATION AMER 3176301200 700 N PENNSYLVANIA STREET INDIANAPOLIS IN 46204 GEORGE A BUSKIRK JR 2011-05-12 true 3175698989 2010 2016-02-24 21:20:13Z WILLIAM M DETWEILER 700 N PENNSYLVANIA STREET INDIANAPOLIS IN 46204 6859425 false X N/A X 1925 IN THE AMERICAN LEGION ENDOWMENT FUND CORPORATION IS AN ORGANIZATION CREATED FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT FOR THE CHILD WELFARE AND VETERANS REHABILITATION PROGRAMS OF THE AMERICAN LEGION. 11 11 0 11 0 0 45692 83901 0 522428 385619 0 568120 469520 347596 309192 0 0 0 11542 42425 43700 390021 352892 178099 116628 9084155 9423509 2000000 2000874 7084155 7422635 THE AMERICAN LEGION ENDOWMENT FUND CORPORATION IS AN ORGANIZATION CREATED FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT FOR THE CHILD WELFARE AND VETERANS REHABILITATION PROGRAMS OF THE AMERICAN LEGION. INCOME FROM THE ENTIRE FUND IS RESTRICTED FOR THE CHILD WELFARE AND VETERANS REHABILIATION PROGRAMS OF THE AMERICAN LEGION NATIONAL HEADQUARTERS. false 309192 309192 INCOME FROM FUND INVESTMENTS IS PASSED ON TO THE VETERANS AFFAIRS AND REHABILITATION AND CHILD WELFARE PROGRAMS OF THE AMERICAN LEGION NATIONAL HEADQUARTERS. SOME OF THE FUNDS ASSIST THE VETERANS AFFAIRS AND REHABILITATION DIVISION WITH THE FOLLOWING PROGRAMS: 1. PROVIDES FUNDS FOR TWO ANNUAL DEPARTMENT SERVICE OFFICER'S SCHOOLS. TRAINING IS PROVIDED TO THESE INDIVIDUALS TO BRING THEM UP TO DATE ON THE LATEST CHANGES IN DEPARTMENT OF VETERAN AFFAIRS AND THE UNITED STATES COURT OF APPEALS FOR VETERANS CLAIMS REGULATIONS, PROCEDURES AND LAWS, RESPECTIVELY. 2. PROVIDES FUNDS FOR THE AMERICAN LEGION AND NATIONAL VETERANS LEGAL SERVICES PROGRAM (NVLP) INTERNSHIP PROGRAM, WHICH PROVIDES TRAINING TO LEGION STAFF ASSIGNED TO THE BOARD OF VETERANS APPEALS (BVA) AND TO DEPARTMENT SERVICE OFFICERS ON TEMPORARY ASSIGNMENT TO THE BVA. 3. PARTIALLY FINANCES A MEMORANDUM OF AGREEMENT WITH THE NATIONAL VETERANS LEGAL SERVICES PROGRAM FOR TRAINING OF LEGION SERVICE OFFICERS AND LEGAL REPRESENTATION BEFORE FEDERAL COURTS ON VETERANS/CLAIMANTS APPEALS CONSIDERED TO BE OF A PRECEDENTIAL-SETTING NATURE. 309192 true false false false false false false false true false false false false true true false true false false false false false false false false false true false false false false false false false false false false false false false false false true false false true false true 0 0 0 false false false false false false false false false false X 11 11 false false false false false false false true true false false true false true true false false false IN X GEORGE A BUSKIRK JR 3176301229 700 N PENNSYLVANIA STREET INDIANAPOLIS IN 46204 X RICHARD H DAVISON 1 X 0 0 0 WILLIAM M DETWEILER 1 X X 0 0 0 HON VINCENT M GAUGHAN 1 X X 0 0 0 TERRY L WOODBURN 1 X X 0 0 0 DAVID P ROOK 1 X X 0 0 0 CLARENCE M BACON 1 X 0 0 0 DANIEL A LUDWIG 1 X 0 0 0 ANTHONY G JORDAN 1 X 0 0 0 NEAL S SUNDEEN 1 X 0 0 0 THOMAS P CADMUS 1 X 0 0 0 BRUCE THIESEN 1 X 0 0 0 0 0 0 0 false false false 0 45291 38610 83901 0 0 0 0 0 360132 360132 0 0 0 0 0 6415392 6389905 25487 0 25487 25487 0 0 0 0 0 0 0 0 469520 0 0 385619 309192 309192 0 0 0 0 0 0 0 0 0 0 10 10 3500 3500 0 0 17699 17699 0 11542 11542 0 0 0 0 8245 8245 0 0 0 0 0 2260 2260 Miscellaneous Expenses 444 444 0 0 0 0 352892 309192 32158 11542 0 11945 23850 34187 1533 4669 1657 1811 0 0 0 8585827 8980619 336597 0 449006 75963 9084155 9423509 874 2000000 2000000 2000000 2000874 X -53401 13540 7137556 7409095 7084155 7422635 9084155 9423509 X 116628 221852 X false true true X false X X X X AMERICAN LEGION NATIONAL HEADQUARTERS 350144250 501(c)(19) true true true 309192 1 309192 7084155 83901 607470 309192 43699 7422635 6886965 45692 530952 289632 89822 7084155 6633927 91848 237638 76448 6886965 0.000 0.99817 0.0018 false false 0 0 0 0 0 0 FEDERAL INOCME TAXES 0 DUE TO THE AMERICAN LEGION NATIONAL HEADQUARTERS 2000000 2000000 469520 352892 116628 221852 0 221852 338480 673673 221852 0 221852 451821 17699 0 17699 469520 335193 0 0 335193 17699 0 17699 352892 Intended uses of endowment funds Schedule D, Part V, Line 4 THE ORIGINAL ASSETS OF THE AMERICAN LEGION ENDOWMENT FUND AS OF THE DATE OF INCORPORATION HAVE BEEN RECORDED AS PERMANENTLY RESTRICTED NET ASSETS OF THE CORPORATION. INTEREST EARNED ON THE CORPORATION'S INVESTMENTS, NET OF ADMINISTRATIVE EXPENSES, IS RESTRICTED BY THE DONORS FOR THE SUPPORT OF RELATED PROGRAMS OF THE AMERICAN LEGION NATIONAL HEADQUARTERS. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 AMERICAN LEGION ENDOWMENT FUND CORPORATION IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE AMERICAN LEGION NATIONAL HEADQUARTERS (LEGION). BELOW IS A SUMMARY OF THE INFORMATION CONTAINED IN THE LEGION'S FIN 48 FOOTNOTE: CURRENT ACCOUNTING STANDARDS REQUIRE THE LEGION TO DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009, MANAGEMENT HAS DETERMINED THAT THE LEGION DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE LEGION'S FINANCIAL STATEMENTS. THE LEGION IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2007. THE LEGION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE LEGION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE LEGION DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT DECEMBER 31, 2010 AND 2009. true AMERICAN LEGION NATIONAL HEADQUARTERS PO BOX 1055 INDIANAPOLIS IN 46206 350144250 501(C)(19) 309192 0 N/A N/A PROGRAM SUPPORT 0 1 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE AMERICAN LEGION ENDOWMENT FUND MAKES GRANTS TO THE AMERICAN LEGION NATIONAL HEADQUARTERS ONLY. THE FINANCE COMMITTEE OF THE AMERICAN LEGION NATIONAL HEADQUARTERS OVERSEES THE PROPER USE OF THESE GRANT FUNDS TO ENSURE THE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT. A COPY OF THE FORM 990 IS PROVIDED TO EVERY MEMBER OF THE GOVERNING BODY BEFORE IT IS FILED WITH THE IRS. Public Disclosure Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINES 15A & 15B THE ORGANIZATION DOES NOT COMPENSATE ITS TOP MANAGEMENT OFFICIAL OR ANY OTHER OFFICERS. THEREFORE, THIS QUESTION IS NOT APPLICABLE AND SHOULD BE ANSWERED NO PER THE INSTRUCTIONS. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 221852; AMERICAN LEGION NATIONAL HEADQUARTERS PO BOX 1055 INDIANAPOLIS IN 46206 350144250 VETERANS ORG IN 501(C)(19) N/A NA AMERICAN LEGION CHILD WELFARE FOUNDATION 700 N PENNSYLVANIA STREET INDIANAPOLIS IN 46204 357041737 GRANTMAKING IN 501(C)(3) 7 NA AMERICAN LEGION NATIONAL EMERGENCY FUND PO BOX 1055 INDIANAPOLIS IN 46206 356679628 ASSIST MBRS IN 501(C)(3) 7 NA AMERICAN LEGION 911 MEMORIAL SCHLRSHP PO BOX 1055 INDIANAPOLIS IN 46206 421553035 SCHOLARSHIPS IN 501(C)(3) 7 NA CITIZENS FLAG ALLIANCE INC 700 N PENNSYLVANIA STREET INDIANAPOLIS IN 46204 351924749 PRESERVE FLAG IN 501(C)(4) N/A NA THE AMERICAN LEGION CHARITIES 700 N PENNSYLVANIA ST INDIANAPOLIS IN 46204 386902131 GRANTMAKING IN 501(C)(3) 7 NA false true false false false false false false false false false false true true false false false false AMERICAN LEGION NATIONAL HEADQUARTERS B 309192 FMV