FORM 990, PART III, LINE 2 |
AS PART OF ITS KIDS AND FAMILIES FOCUS AREA, THE COMMUNITY FOUNDATION OF ELKHART COUNTY LAUNCHED BUILDING STRONG BRAINS, ELKHART COUNTY'S EARLY CHILDHOOD INITIATIVE. THE BUILDING STRONG BRAINS INITIATIVE IS BUILDING A COALITION OF EARLY CHILDHOOD COMMUNITY PARTNERS TO SHIFT THE EARLY CHILDHOOD SYSTEM FOR BETTER OUTCOMES FOR YOUNG CHILDREN (PRENATAL-5 YEARS) AND THEIR FAMILIES IN THE AREAS OF MATERNAL AND CHILD HEALTH, QUALITY CHILDCARE AND EARLY LEARNING ENVIRONMENTS, AND COMMUNITY AND FAMILY SUPPORTS. IN JUNE 2023, A COALITION DIRECTOR FOR BUILDING STRONG BRAINS WAS HIRED TO LEAD THE INITIATIVE, WHICH WILL BE A COLLECTIVE COMMUNITY COALITION OF PARTNERS, INCLUDING CROSS-SECTOR HEALTH, NONPROFIT, CHILDCARE AND EDUCATION, BUSINESS, AND COMMUNITY COLLABORATORS. THE COMMUNITY FOUNDATION OF ELKHART COUNTY BELIEVES THAT A COLLECTIVE COMMUNITY EFFORT, FOCUSED ON YOUNG CHILDREN AND THEIR FAMILIES, WILL IMPROVE EARLY CHILDHOOD OUTCOMES IN ELKHART COUNTY. |
FORM 990, PART VI, SECTION A, LINE 1A |
TO HELP EXPEDITE THE BUSINESS OF THE COMMUNITY FOUNDATION OF ELKHART COUNTY, THE EXECUTIVE COMMITEE IS EMPOWERED TO ACT ON BEHALF OF THE FULL BOARD. |
FORM 990, PART VI, SECTION A, LINE 2 |
THE BOARD OF DIRECTORS INCLUDES INDIVIDUALS WHO MAINTAIN NORMAL BUSINESS RELATIONSHIPS WITH ONE ANOTHER. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE FINANCE COMMITTEE REVIEWS A DRAFT OF THE TAX RETURN WITH THE TAX PREPARARERS. THE RETURN THEN GOES TO THE BOARD OF DIRECTORS FOR APPROVAL. |
FORM 990, PART VI, SECTION B, LINE 12C |
ALL BOARD MEMBERS, COMMITTEE MEMBERS AND EMPLOYEES COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. THE ORGANIZATION'S PRESIDENT REVIEWS THE COMPLETED QUESTIONNAIRES TO DETERMINE IF ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST EXIST. IF THERE IS A CONFLICT, THE COMMITTEE HEAD WILL ADDRESS IT WITH THE PERSON AND POSSIBLY ASK THEM TO REMOVE THEMSELVES FROM SAID COMMITTEE. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE COUNCIL ON FOUNDATIONS' ANNUAL SURVEY IS UTILIZED WHEN EVALUATING COMPENSATION LEVELS. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION FOR THE PRESIDENT. THE PRESIDENT REVIEWS STAFF COMPENSATION LEVELS WITH THE FINANCE COMMITTEE CHAIRPERSON. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
FORM 990, PART XI, LINE 9: |
SFAS 136 ADJUSTMENT 5,033,338. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -73,406. CHANGE IN VALUE OF LIFE INSURANCE 6,434. |
FORM 990, PART XII, LINE 2C |
THE FINANCE COMMITTEE IS TASKED WITH OVERSEEING THE AUDIT PROCESS. ANNUALLY, THE FINANCE COMMITTEE REVIEWS THE AUDIT REPORT WITH THE AUDITOR BEFORE SENDING THE REPORT TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS THEN REVIEWS THE AUDIT REPORT WITH THE AUDITORS BEFORE THE AUDIT REPORT IS FINALIZED. THE AUDIT OVERSIGHT PROCEDURES DID NOT CHANGE IN THE CURRENT YEAR. |