ELEUTHERIAN MILLS-HAGLEY FOUNDATION INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ELEUTHERIAN MILLS-HAGLEY FOUNDATION INC (EIN 51-0070531)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-09-15
- IRS object ID
- 201142589349300439
- Schema version
- 2010v3.4
- 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) |
|---|---|---|
| Timestamp | 2011-09-15T15:13:45-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cover & Rossiter PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 62 Rockford Road Suite 200 | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 19806 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510070531 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eleutherian Mills-Hagley Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ELEU | NameControl |
| Phone | 3026582400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3630 | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198070630 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jeanne Belk | Name |
| Title | Finance Director | Title |
| Phone | 3026582400 | Phone |
| Date Signed | 2011-09-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Peter Kennedy | Name |
| Phone | 3026566632 | Phone |
| Date Prepared | 2011-09-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Jeanne Belk | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3630 | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198070630 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 60866352 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.hagley.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1952 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | Hagley Museum and Library collects, preserves, and interprets the unfolding history of American enterprise. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 175 | TotalNbrEmployees |
| Total Nbr Volunteers | 758 | TotalNbrVolunteers |
| Total Gross UBI | 27742 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -5447 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2679802 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2086568 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 617728 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 600760 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1980355 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6853807 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 307848 | OtherRevenuePriorYear |
| Other Revenue Current Year | 341947 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5585733 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9883082 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 30300 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 24300 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5110445 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5000097 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 227740 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4063176 | OtherExpensePriorYear |
| Other Expenses Current Year | 4178755 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9203921 | TotalExpensesPriorYear |
| Total Expenses Current Year | 9203152 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3618188 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 679930 | RevenuesLessExpensesCY |
| Total Assets BOY | 140609044 | TotalAssetsBOY |
| Total Assets EOY | 149766246 | TotalAssetsEOY |
| Total Liabilities BOY | 542832 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 441176 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 140066212 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 149325070 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Hagley Museum and Library collects, preserves, and interprets the unfolding history of American enterprise. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3905924 | Expense |
| Revenue | 666467 | Revenue |
| Description | Hagley Museum's primary audiences are cultural tourists traveling on their own; school groups participating in our curriculum based education programs; adult motor coach tours and families attending special events. In 2010 total attendance was 64,093, consisting of 20,010 general admission; 13,226 school and youth tours; 3,200 adult tours; and 27,657 special event admissions. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3704399 | Expense |
| Grants | 24300 | Grants |
| Description | Hagley's Research Library responded to over 5,300 researchers in 2010, resulting in a total of 14,944 reference transactions. The Imprints department answered requests from 1,084 individuals, utilizing 3,839 rare books and trade catalogs. The Manuscripts and Archives department responded to questions from 2,769 researchers, utilizing 4,277 linear feet of material. The Pictorial department responded to 909 researchers using 2,000 collection items. The digital collections department saw 872,904 page visits. Staff catalogued 2,670 books and collection items and processed 523 linear feet of manuscript, archives or pictorial collections. Cataloging staff contributed 2,037 authority records to the national database. Our conservation lab extended 12,117 treatments to Library Division materials and produced 5 exhibitions. The Center for History of Business, Technology and Science funded 23 of 45 grant applications, held one conference, one public lecture and held 6 seminars and organized the BHC annual meeting. Our public events of conferences, lectures and tours exposed Hagley to more than 2,600 visitors. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 146175 | Expense |
| Description | The Hagley Associates Program works to support the Hagley mission through membership sales. Approximately 2,700 families and individuals enjoy special events, lectures and exhibit previews as well as have access to Hagley's facilities year round. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 7756498 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 55 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 175 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Business Office | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3026582400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 298 Buck Road East | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 198070630 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Mr Henry B du Pont IV | |||||||
| Trustee, President | 1.00 | X | X | 0 | 0 | 0 | |
| Mr Blaine T Phillips | |||||||
| Trustee, Vice-President | 1.00 | X | X | 0 | 0 | 0 | |
| Mrs Andrew C Rose | |||||||
| Trustee, Secretary | 1.00 | X | X | 0 | 0 | 0 | |
| Mr E Matthew Brown | |||||||
| Trustee, Treasurer | 1.00 | X | X | 0 | 0 | 0 | |
| Mr Edward J Bassett | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Ms Carol A Ammon | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mr Edward B du Pont | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dr Thomas M Connelly Jr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mr Howard E Cosgrove | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dr Louis Galambos | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mr Robert V Harra Jr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mr Eldon du Pont Homsey | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Ms Darla L Pomeroy | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mr Augustus I du Pont | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mrs W Laird Stabler Jr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mr Gary M Talley | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dr JoAnne Yates | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mr Geoffrey Halfpenny | |||||||
| Director | 35.00 | X | 159452 | 0 | 23510 | X | |
| Ms Majorie P Kelly | |||||||
| Assistant Secretary | 35.00 | X | 37838 | 0 | 16676 | ||
| Ms Jeanne L Belk | |||||||
| Finance Director; Asst. Tr | 35.00 | X | 78320 | 0 | 20289 | ||
| Dr Theresa Snyder | |||||||
| Library Deputy Dir | 35.00 | 119585 | 0 | 20438 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 395195 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 80913 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Builders and Managers Inc | |||||
| 1201 N Orange St Suite 700 | Wilmington | DE | 19801 | Construction Contractor | 234437 |
| Northern Lights Productions | |||||
| 300 Western Ave | Boston | MA | 02134 | Special Events | 150000 |
| Cambridge Associates LLC | |||||
| PO Box 10317 | Uniondale | NY | 11555 | Investment Management | 142399 |
| DelCard Associates Inc | |||||
| 31 Blevins Drive Suite A | New Castle | DE | 19720 | Management Services | 110212 |
| Wolfington Body Company Inc | |||||
| PO Box 218 | Exton | PA | 19341 | Services | 110000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 2086568 | AllOtherContributions |
| Noncash Contributions | 97596 | NoncashContributions |
| Total Contributions | 2086568 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Special Events Revenue | 900099 | 383192 | 383192 |
| Admissions | 900099 | 217568 | 217568 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 600760 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1984747 | TotalRevenueColumn |
| Exclusion | $1,984,747 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 269301 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 20803 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 248498 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 248498 | TotalRevenueColumn |
| Exclusion | $248,498 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 55756727 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 50887667 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4869060 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4869060 | TotalRevenueColumn |
| Exclusion | $4,869,060 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 140106 | GrossSalesOfInventory |
| Cost Of Goods Sold | 74800 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65306 | TotalRevenueColumn |
| Related Or Exempt Function Income | 37564 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 27742 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Miscellaneous Visitor | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 28143 | TotalRevenueColumn |
| Related Or Exempt Function Income | 28143 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 28143 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9883082 | TotalRevenueColumn |
| Related Or Exempt Function Income | 666467 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 27742 | UnrelatedBusinessRevenue |
| Exclusion | $7,102,305 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24300 | Total |
| Program Services | 24300 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 348175 | Total |
| Program Services | 191801 | ProgramServices |
| Management And General | 156374 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3555051 | Total |
| Program Services | 3331977 | ProgramServices |
| Management And General | 121944 | ManagementAndGeneral |
| Fundraising | 101130 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 268830 | Total |
| Program Services | 204460 | ProgramServices |
| Management And General | 45062 | ManagementAndGeneral |
| Fundraising | 19308 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 541004 | Total |
| Program Services | 454935 | ProgramServices |
| Management And General | 37353 | ManagementAndGeneral |
| Fundraising | 48716 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 287037 | Total |
| Program Services | 268142 | ProgramServices |
| Management And General | 12146 | ManagementAndGeneral |
| Fundraising | 6749 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 604424 | Total |
| Management And General | 604424 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130671 | Total |
| Program Services | 60561 | ProgramServices |
| Management And General | 69582 | ManagementAndGeneral |
| Fundraising | 528 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111481 | Total |
| Program Services | 111481 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 266857 | Total |
| Program Services | 205721 | ProgramServices |
| Management And General | 25909 | ManagementAndGeneral |
| Fundraising | 35227 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1132953 | Total |
| Program Services | 1026712 | ProgramServices |
| Management And General | 102947 | ManagementAndGeneral |
| Fundraising | 3294 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31966 | Total |
| Program Services | 23162 | ProgramServices |
| Management And General | 7012 | ManagementAndGeneral |
| Fundraising | 1792 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 846234 | Total |
| Program Services | 846234 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 266652 | Total |
| Program Services | 217170 | ProgramServices |
| Management And General | 38486 | ManagementAndGeneral |
| Fundraising | 10996 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Restricted Expenses App | 458431 | 457282 | 1149 |
| Special Events Producti | 200674 | 200674 | |
| Library Division | 131112 | 131112 | |
| Miscellaneous expense | -2700 | 774 | -3474 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9203152 | Total |
| Program Services | 7756498 | ProgramServices |
| Management And General | 1218914 | ManagementAndGeneral |
| Fundraising | 227740 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 751755 | BOY |
| EOY | 1528014 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1146386 | BOY |
| EOY | 1040189 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55166 | BOY |
| EOY | 157790 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95293 | BOY |
| EOY | 92123 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 430261 | BOY |
| EOY | 88754 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 34049092 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14903182 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19133130 | BOY |
| EOY | 19145910 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98584303 | BOY |
| EOY | 96757740 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20412750 | BOY |
| EOY | 30955726 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140609044 | BOY |
| EOY | 149766246 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 291936 | BOY |
| EOY | 225659 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64915 | BOY |
| EOY | 58022 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 185981 | BOY |
| EOY | 157495 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 542832 | BOY |
| EOY | 441176 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110115311 | BOY |
| EOY | 116600827 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12411014 | BOY |
| EOY | 13663194 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17539887 | BOY |
| EOY | 19061049 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140066212 | BOY |
| EOY | 149325070 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140609044 | BOY |
| EOY | 149766246 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 679930 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 8578928 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2556158 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3020814 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3223089 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1463916 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2086568 | CurrentTaxYear |
| Total | 12350545 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2556158 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3020814 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3223089 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1463916 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2086568 | CurrentTaxYear |
| Total | 12350545 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1580150 | AmountsSubstContributorsTotal |
| Public Support Total170 | 10770395 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6053846 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4727406 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3608430 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2215696 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2254048 | CurrentTaxYear |
| Total | 18859426 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 31209971 | TotalSupport |
| Gross Receipts From Admissions Etc | 3765497 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.34510 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.36650 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 111448118 | BeginningOfYearBalance |
| Contributions | 1582285 | Contributions |
| Investment Earnings Or Losses | 14772712 | InvestmentEarningsOrLosses |
| Other Expenditures | 6274970 | OtherExpenditures |
| Administrative Expenses | 2696 | AdministrativeExpenses |
| End Of Year Balance | 121525449 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 93740835 | BeginningOfYearBalance |
| Contributions | 570598 | Contributions |
| Investment Earnings Or Losses | 23904394 | InvestmentEarningsOrLosses |
| Other Expenditures | 6619426 | OtherExpenditures |
| Administrative Expenses | 148283 | AdministrativeExpenses |
| End Of Year Balance | 111448118 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 136793360 | BeginningOfYearBalance |
| Contributions | 854687 | Contributions |
| Investment Earnings Or Losses | -37532871 | InvestmentEarningsOrLosses |
| Other Expenditures | 6374341 | OtherExpenditures |
| End Of Year Balance | 93740835 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.78070 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.15700 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06230 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1419399 | OtherCostOrOtherBasis |
| Book Value | 1419399 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26247694 | OtherCostOrOtherBasis |
| Depreciation | 12024371 | Depreciation |
| Book Value | 14223323 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3120834 | OtherCostOrOtherBasis |
| Depreciation | 2245300 | Depreciation |
| Book Value | 875534 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3261165 | OtherCostOrOtherBasis |
| Depreciation | 633511 | Depreciation |
| Book Value | 2627654 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 19145910 | TotalOfBookValueLandBuildings |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 28928403 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Split Interest Agreement | Description |
| Book Value | 2027323 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 30955726 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Accrued Post Retirement Benefits | Description |
| Amount | $157,495 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 157495 | TotalOfAmounts |
| Total Revenue | 9883082 | TotalRevenue |
| Total Expenses | 9203152 | TotalExpenses |
| Excess Or Deficit For Year | 679930 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 7920089 | NetUnrealizedGLOnInvestments |
| Other | $658,839 | OtherAmount |
| Total Adjustments | 8578928 | TotalAdjustments |
| Excess Or Deficit Per FS | 9258858 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 8795423 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 5745345 | OtherRevenues |
| Revenue Not Rptd F990 | 5745345 | RevenueNotRptdF990 |
| Revenue Subtotal | 3050078 | RevenueSubtotal |
| Other Revenues Not Included | 6833004 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 6833004 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9883082 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 9298755 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 95603 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 95603 | ExpensesNotRptdF990 |
| Expenses Subtotal | 9203152 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 9203152 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 1a: | Hagley does not capitalize donated collection items or recognize them as revenues or gains. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as decreases in temporarily restricted net assets if the assets used to purchase the items are restricted by donors. Proceeds from de-accessions or insurance recoveries are reflected as increases in the appropriate net asset class. | |
| Part III, Line 4: | The collections are held for public exhibition, education, or research in furtherance of public service rather than financial gain. They are protected, kept unencumbered, cared for, and preserved, and are subject to a policy that requires the proceeds from sales of collection items to be used to acquire other items for collections. | |
| Part V, Line 4: | Hagley has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that Hagley must hold in perpetuity or for a donor-specified period(s) as well as Board-designated funds. Under this policy, as approved by the Board of Trustees, the endowment assets are invested in a manner that is intended to maintain the level of financial support currently provided while assuming a moderate level of investment risk. | Description of Intended Use of Endowment Funds: |
| Part X: | Hagley has adopted the provisions of FASB Interpretation No. 48 (FASB ASC 740-10-50), Accounting for Uncertainty in Income Taxes. Management continually evaluates uncertain tax positions and expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings, as applicable. Management's evaluation is that there is no income tax liability. This evaluation is based on settled and established positions within the Internal Revenue Code and management believes there is no significant uncertainty related to its evaluation. Hagley's policy is to expense all interest and penalties, if any, as incurred. No amounts of interest or penalties were recognized by Hagley during the year ended December 31, 2010. No tax years prior to 2007 remain subject to examination by federal jurisdictions. | Description of Uncertain Tax Positions Under FIN 48: |
| Net unrealized gain on split interest trust agreement 658,839. | Part XI, Line 8 - Other Adjustments: | |
| Endowment draw 5,670,545. Cost of Goods Sold on Line 10b 74,800. | Part XII, Line 2d - Other Adjustments: | |
| Investment income 1,984,747. Rental expenses -20,803. Realized Gains on Investment Sales 4,869,060. | Part XII, Line 4b - Other Adjustments: | |
| Cost of Goods Sold on Line 10b 74,800. Rental Expenses Reported on Line 6b 20,803. | Part XIII, Line 2d - Other Adjustments: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Fellowship & research grants | TypeOfGrant |
| Number Of Recipients | 22 | NumberOfRecipients |
| Amount Of Cash Grant | 24300 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Hagley research grants are awarded through an application and evaluation process. The committee, comprised of Hagley experts and outside scholars, assesses applications 4 times per year. Applicants must demonstrate their research will make important scholarly and academic contributions; potential grant recipients must also make sufficient use of Hagley's research collections. 22 grants were awarded in 2010. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Mr Geoffrey Halfpenny | NamePerson |
| Base Compensation Filing Org | 153552 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 5900 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 12031 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 15516 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 186999 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 164570 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | As a condition of employment and for the convenience of the Organization, the Executive Director resides on Hagley's premises. |
| Part I, Line 4b | Dr. Theresa Snyder - $15,000 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 97596 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | PUBLICLY TRADED VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | Some Trustees have a common family relationship. | |
| Form 990, Part VI, Section B, line 11 | Draft versions of the Form 990 are distributed to all members of the Board prior to filing. | |
| Each Director must complete a Conflict of Interest Policy Disclosure Statement annually. Board members are required to acknowledge a potential conflict to the Board prior to entering into a transaction with Hagley. The minutes of the Board meeting at which a disclosure of conflict is made shall reflect the occurrence and the outcome. The Executive Director monitors contracts and vendor payments for potential conflicts of interest and informs the President of the Board. The President then brings the potential conflict to the Board for discussion when deemed possibly material. | Form 990, Part VI, Section B, line 12c | |
| The Executive Director gathers local salary data as well as national salary survey data every other year in order to establish current market values for Hagley's salaried positions. The collected survey data supports a salary structure that aligns every position within a salary range. The Executive Director works with the Organization and Compensation Committee under the Board of Directors in order to ensure that the proper appraisal systems and compensation and benefits philosophies approved by the Committee are adhered to by management. | Form 990, Part VI, Section B, line 15 | |
| There currently exists no legal requirement to make governing documents, conflict of interest policies or audited financial statements publicly available. Hagley has never received a request for information of this type. If any requests for this information should be received, they would be evaluated by the Trustees on a case by case basis. In general, the Trustees believe that the information available on this form (the Form 990) would be more than sufficient to respond to most legitimate inquiries. | Form 990, Part VI, Section C, line 19 | |
| Changes in Net Assets or Fund Balances: | Net unrealized gains on investments: 7,920,089. Net unrealized gain on split interest trust agreement 658,839. Total to Form 990, Part XI, Line 5: 8,578,928. | Form 990, Part XI, line 5: |
| The Finance Committee assumes oversight of the financial statements and the selection of the independent auditors. | Form 990, Part XI, Line 2c: |