2024-05-13T09:04:00-07:00 2023-06-30 030483170 CEA Scholtes and Associates 106 Tunbridge Rd Baltimore MD 21212 990 2022-07-01 521695801 FOUNDATION FOR BALTIMORE COUNTY PUBLIC LIBRARY FOUN 4108876160 320 YORK ROAD TOWSON MD 21204 Nicholas Richardson President 2024-05-13 true Nicholas Richardson 999009999 true CHRIS SCHOLTES CPA P01607734 4103230010 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Nicholas Richardson 320 YORK ROAD TOWSON MD 21204 509021 false X WWW.FOUNDATIONFORBCPL.ORG X 1990 MD PROVIDES ADDITIONAL RESOURCES TO ENRICH THE LIBRARY'S COMMITMENT TO EMPOWER THE CITIZENS OF BALTIMORE COUNTY TO EXPLORE, LEARN, CREATE AND CONNECT. 15 15 0 15 -22 475643 401642 0 27007 59427 18401 18807 521051 479876 223060 62482 0 0 0 17316 91209 70238 314269 132720 206782 347156 2529366 2969076 20759 24320 2508607 2944756 THE FOUNDATION FOR BALTIMORE COUNTY PUBLIC LIBRARY MOBILIZES RESOURCES TO SUPPORT THE LIBRARY'S COMMITMENT TO A SUPERIOR PUBLIC LIBRARY SYSTEM WHERE OPPORTUNITIES FOR LITERACY, READING ENRICHMENT, AND LIFELONG LEARNING ARE AVAILABLE TO ALL. false false 52875 52875 SCHOLARSHIP PROGRAM 9607 9607 SOCIAL WORKER IN THE LIBRARY, REISTERSTOWN BRANCH TEEN SPACE, STREAM VEHICLE, SUMMER READING CHALLENGE. TO CONTINUE SUPPORT TO THE LIBRARY AND ITS BRANCHES BY PROVIDING ADDITIONAL RESOURCES TO ENRICH THE LIBRARY'S COMMITMENT TO EMPOWER THE CITIZENS OF BALTIMORE COUNTY TO EXPLORE, LEARN, CREATE AND CONNECT. 62482 true true false false false false false false false true false false false false false true true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 7 0 false 0 false false false false false true true false 0 false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true false false false MD X X Stephen Shutz 4108876160 320 YORK ROAD TOWSON MD 21204 X Ellen York President 1.00 0.00 X X 0 0 0 Nicholas Richardson Vice President 1.00 0.00 X X 0 0 0 Stephen Shutz Treasurer 1.00 0.00 X X 0 0 0 Scott Brown Director 1.00 0.00 X 0 0 0 Todd Carpenter Director 1.00 0.00 X 0 0 0 Marisa Conner Director 1.00 0.00 X 0 0 0 Emily Devan Director 1.00 0.00 X 0 0 0 Brynn Devereaux Director 1.00 0.00 X 0 0 0 Joan Drebing Director 1.00 0.00 X 0 0 0 Kelley McGeehan Director 1.00 0.00 X 0 0 0 Zachary Miller Director 1.00 0.00 X 0 0 0 Regina Sanderoff Director 1.00 0.00 X 0 0 0 Susan Waxter Director 1.00 0.00 X 0 0 0 Anne West Director 1.00 0.00 X 0 0 0 Sonia Alcantara Antoine Director 1.00 0.00 X 0 0 0 0 false false false 0 13031 62500 326111 401642 0 25742 25742 0 0 0 47343 13658 33685 33685 33685 18805 13031 4622 14183 14183 0 15489 10865 4624 -22 4646 0 479876 -22 78256 62482 62482 0 0 0 0 0 0 0 0 0 0 0 16807 16807 0 0 11222 11222 11150 11150 0 68 68 7603 7603 0 0 0 0 0 0 0 0 1767 1767 DONOR ACKNOLEDGEMENTS 10144 10144 OTHER 8292 1120 7172 BANK CHARGES 2763 2763 BOARD EXPENSES 422 422 0 132720 62482 52922 17316 976104 1414284 359309 356671 100000 0 0 0 0 0 0 6751 6188 0 1087202 1191933 0 0 0 0 2529366 2969076 14728 24320 6031 20759 24320 X 2068406 2510017 440201 434739 2508607 2944756 2529366 2969076 347156 88993 X false true X true false X 311887 417099 544137 475643 401642 2150408 0 0 311887 417099 544137 475643 401642 2150408 540204 1610204 298 1 179 36 25742 26256 3097 14183 17280 4646 4646 2198590 0.73240 0.64570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1090112 110166 1200278 1278104 -187992 1090112 1016476 261628 1278104 987798 28678 1016476 954146 33652 987798 1.00000 false false false X 834607 88993 266095 10865 365953 468654 11222 11222 479876 398458 266095 10865 276960 121498 11222 11222 132720 Part V, Line 4: Intended uses of the endowment fund. THE FOUNDATION'S ENDOWMENT CONSISTS OF BOARD-DESIGNATED ENDOWMENT FUNDS FROM NET ASSETS WITHOUT DONOR RESTRICTIONS. THE ENDOWMENT WAS ESTABLISHED TO PROVIDE ONGOING SUPPORT FOR THE SERVICES AND PROGRAMS OFFERED BY BALTIMORE COUNTY PUBLIC LIBRARY. Part X : FIN48 Footnote THE FOUNDATION FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE EVALUATION OF TAX POSITIONS, WHICH INCLUDE MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF GOODS SOLD $10865 Part XII, Line 2d: Other expenses and losses per audited F/S COST OF GOODS SOLD $10865 false TOAST AMONG GHOSTS 31836 13031 18805 178 1020 1750 1674 31836 13031 18805 178 1020 1750 1674 4622 14183 true BALTIMORE COUNTY PUBLIC LIB 320 YORK ROAD TIMONIUM MD 21204 526000213 GOVT ORG 9607 0 OPERATIONS Central Scholarship Bureau 6 Park Center Ct Suite 211 Owings Mills MD 21117 526012589 501(c)(3) 52875 0 Scholarship & Endowment 1 1 Additional Supplemental Information IN FISCAL YEAR 2023, THE FOUNDATION ESTABLISHED AN ENDOWMENT FUND TO BE USED FOR FUTURE SCHOLARSHIPS. Grantmaker's Description of How Grants are Used IF THE FOUNDATION MAKES A GRANT TO THE BALTIMORE COUNTY PUBLIC LIBRARY FOR THE PURCHASE OF A SPECIFIC ITEM, THE FOUNDATION REQUIRES THAT INVOICES ARE PROVIDED TO THEM FROM THE LIBRARY FOR THE PURCHASE OF SAID ITEM(S). GENERAL SUPPORT DONATIONS DO NOT REQUIRE FURTHER SUBSTANTIATION. THE LIBRARY UNDERGOES AN AUDIT EACH YEAR. THE RESULTS OF THE INDEPENDENT AUDIT ARE SHARED WITH THE FOUNDATION. THESE RESULTS ARE ALSO USED TO MONITOR THE USE OF GRANTS. Form 990, Part VI, Section B, Line 11b THE 990 IS FIRST REVIEWED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE; WHICH IS COMPOSED OF THE ORGANIZATION'S PRESIDENT, TREASURER AND VICE PRESIDENT. ONCE THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE 990, THE 990 WILL BE CIRCULATED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. THE 990 IS THEN SIGNED BY THE PRESIDENT BEFORE FILING. Form 990, Part VI, Section B, Line 12c CONFLICTS OF INTEREST MAY ARISE IN THE RELATIONS OF DIRECTORS, OFFICERS, AND MANAGEMENT EMPLOYEES WITH ANY OF THE FOLLOWING THIRD PARTIES: 1. PERSONS AND FIRMS SUPPLYING GOODS AND SERVICES TO THE FOUNDATION FOR BCPL. 2. PERSONS AND FIRMS FROM WHOM THE FOUNDATION FOR BCPL LEASES PROPERTY AND EQUIPMENT. 3. PERSONS AND FIRMS WITH WHOM THE FOUNDATION FOR BCPL IS DEALING OR PLANNING TO DEAL IN CONNECTION WITH THE GIFT, PURCHASE OR SALE OF REAL ESTATE, SECURITIES, OR OTHER PROPERTY. 4. COMPETING OR AFFINITY ORGANIZATIONS. 5. DONORS AND OTHERS SUPPORTING THE FOUNDATION FOR BCPL. 6. AGENCIES, ORGANIZATIONS AND ASSOCIATIONS WHICH AFFECT THE OPERATIONS OF THE FOUNDATION FOR BCPL. 7. FAMILY MEMBERS, FRIENDS, AND OTHER EMPLOYEES. A CONFLICTING INTEREST MAY BE DEFINED AS AN INTEREST, DIRECT OR INDIRECT, WITH ANY PERSONS OR FIRMS MENTIONED ABOVE. SUCH AN INTEREST MIGHT ARISE THROUGH: 1. OWNING STOCK OR HOLDING DEBT OR OTHER PROPRIETARY INTERESTS IN ANY THIRD PARTY DEALING WITH THE FOUNDATION FOR BCPL. 2. HOLDING OFFICE, SERVING ON THE BOARD, PARTICIPATING IN MANAGEMENT, OR BEING OTHERWISE EMPLOYED (OR FORMERLY EMPLOYED) WITH ANY THIRD PARTY DEALING WITH THE FOUNDATION FOR BCPL. 3. RECEIVING REMUNERATION FOR SERVICES WITH RESPECT TO INDIVIDUAL TRANSACTIONS INVOLVING THE FOUNDATION FOR BCPL. 4. USING THE FOUNDATION FOR BCPL'S TIME, PERSONNEL, EQUIPMENT, SUPPLIES, OR GOOD WILL FOR OTHER THAN FOUNDATION FOR BCPL-APPROVED ACTIVITIES, PROGRAMS, AND PURPOSES. 5. RECEIVING PERSONAL GIFTS OR LOANS FROM THIRD PARTIES DEALING OR COMPETING WITH THE FOUNDATION FOR BCPL. RECEIPT OF ANY GIFT IS DISAPPROVED EXCEPT GIFTS OF A VALUE LESS THAN $50, WHICH COULD NOT BE REFUSED WITHOUT DISCOURTESY. NO PERSONAL GIFT OF MONEY SHOULD EVER BE ACCEPTED. THE AREAS OF CONFLICTING INTEREST AND THE RELATIONS IN THOSE AREAS WHICH MAY GIVE RISE TO CONFLICT, LISTED ABOVE, ARE NOT EXHAUSTIVE. CONFLICTS MIGHT ARISE IN OTHER AREAS OR THROUGH OTHER RELATIONS. IT IS ASSUMED THAT THE DIRECTORS, OFFICERS, AND MANAGEMENT EMPLOYEES WILL RECOGNIZE SUCH AREAS AND RELATION BY ANALOGY. THE FACT THAT ONE OF THE INTERESTS DESCRIBED ABOVE EXISTS DOES NOT NECESSARILY MEAN THAT A CONFLICT EXISTS, OR THAT THE CONFLICT, IF IT EXISTS, IS MATERIAL ENOUGH TO BE OF PRACTICAL IMPORTANCE, OR IF MATERIAL, PUBLIC LIBRARY 52-1695801 FOUNDATION FOR BALTIMORE COUNTY THAT UPON FULL DISCLOSURE OF ALL RELEVANT FACTS AND CIRCUMSTANCES IT IS NECESSARILY ADVERSE TO THE INTERESTS OF THE FOUNDATION FOR BCPL. HOWEVER, IT IS THE POLICY OF THE BOARD THAT THE EXISTENCE OF ANY OF THE INTERESTS DESCRIBED ABOVE SHALL BE DISCLOSED BEFORE ANY TRANSACTION IS CONSUMMATED. IT SHALL BE THE CONTINUING RESPONSIBILITY OF THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES. TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXISTS MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: 1. THE CONFLICTING INTEREST IS FULLY DISCLOSED; 2. THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; 3. A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS; AND 4. THE BOARD HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. DISCLOSURE IN THE ORGANIZATION SHOULD BE MADE TO THE CHIEF EXECUTIVE OFFICER (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD CHAIR), WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD. DISCLOSURE INVOLVING DIRECTORS SHOULD BE MADE TO THE BOARD CHAIR, (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD VICE-CHAIR) WHO SHALL BRING THESE MATTERS TO THE BOARD. THE BOARD SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO THE FOUNDATION FOR BCPL. THE DECISION OF THE BOARD ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF THE FOUNDATION FOR BCPL AND THE ADVANCEMENT OF ITS PURPOSE. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.