2024-11-12T15:40:54-06:00 2024-06-30 710355269 LANDMARK PLC CPAS 200 W CAPITOL AVE SUITE 1700 LITTLE ROCK AR 72201 990 2023-07-01 710331442 ARKANSAS BAR FOUNDATION ARKA 5013754606 2224 COTTONDALE LANE LITTLE ROCK AR 72202 ANN DIXON PYLE EXECUTIVE DIRECTOR 5013754606 2024-11-12 1 1 RANDY L MILLIGAN CPA P00943582 5013752025 2023 2024-10-15 13:58:12Z ANN DIXON PYLE 2224 COTTONDALE LANE LITTLE ROCK AR 72202 623743 0 X WWW.ARKANSASBARFOUNDATION.COM X 1960 AR THE EXEMPT PURPOSE OF THE ARKANSAS BAR FOUNDATION IS TO PROMOTE THE FOLLOWING EDUCATIONAL, LITERARY, SCIENTIFIC AND CHARITABLE PURPOSES: TO IMPROVE AND FACILITATE THE ADMINISTRATION OF JUSTICE; TO PROMOTE STUDY AND RESEARCH IN THE FIELD OF LAW; THE DIFFUSION OF KNOWLEDGE THEREOF; AND THE CONTINUING EDUCATION OF LAWYERS; TO CAUSE TO BE PUBLISHED AND TO DISTRIBUTE ADDRESSES, REPORTS, TREATISES AND OTHER LITERARY WORKS ON LEGAL SUBJECTS AND TO ACQUIRE, PRESERVE AND EXHIBIT RARE BOOKS AND DOCUMENTS, OBJECTS OF ART, AND ITEMS OF HISTORICAL INTEREST HAVING LEGAL SIGNIFICANCE OR BEARING ON THE ADMINISTRATION OF JUSTICE. 18 18 2 75 0 0 89065 77747 0 0 115521 117867 -22439 -7575 182147 188039 103602 102138 0 0 94994 94498 0 0 0 66510 75364 265106 272000 -82959 -83961 5836498 6094273 83606 91772 5752892 6002501 X SEE SCHEDULE OTHE EXEMPT PURPOSE OF THE ARKANSAS BAR FOUNDATION IS TO PROMOTE THE FOLLOWING EDUCATIONAL, LITERARY, SCIENTIFIC AND CHARITABLE PURPOSES: TO IMPROVE AND FACILITATE THE ADMINISTRATION OF JUSTICE; TO PROMOTE STUDY AND RESEARCH IN THE FIELD OF LAW; THE DIFFUSION OF KNOWLEDGE THEREOF; AND THE CONTINUING EDUCATION OF LAWYERS; TO CAUSE TO BE PUBLISHED AND TO DISTRIBUTE ADDRESSES, REPORTS, TREATISES AND OTHER LITERARY WORKS ON LEGAL SUBJECTS AND TO ACQUIRE, PRESERVE AND EXHIBIT RARE BOOKS AND DOCUMENTS, OBJECTS OF ART, AND ITEMS OF HISTORICAL INTEREST HAVING LEGAL SIGNIFICANCE OR BEARING ON THE ADMINISTRATION OF JUSTICE. 0 0 106004 23867 FUNDED SPECIAL PROJECTS TO IMPROVE THE ADMINISTRATION OF JUSTICE, PROMOTE THE STUDY OF LAW, ENHANCE THE JUDICIAL PROCESS, AND PROMOTE PROFESSIONALISM AMONG ARKANSAS ATTORNEYS. PROJECTS INCLUDE FUNDING EDUCATIONAL PROGRAMS FOR THE ARKANSAS BAR ASSOCIATION ANNUAL MEETING; SUPPORT FOR ARKANSAS BAR ASSOCIATION MOCK TRIAL COMPETITIONS FOR HIGH SCHOOL STUDENTS; CONTINUING EDUCATION OF LAWYERS; AND PARTIAL FUNDING FOR A RURAL PRACTICE INCUBATOR PROJECT, AND FREE LEGAL ANSWERS PROJECT OF ARKANSAS ACCESS TO JUSTICE FOUNDATION. U OF A DELTA INITIATIVE CONSTITUTION DAY AND ARKANSAS MOCK TRIAL FOUNDATION, INC. 75060 58996 APPROXIMATELY FIFTY SCHOLARSHIPS PROVIDED FOR LAW STUDENTS AT THE UNIVERSITY OF ARKANSAS AND UNIVERSITY OF ARKANSAS AT LITTLE ROCK. 19874 18550 PROVIDED TWO PROFESSORSHIPS AT UNIVERSITY OF ARKANSAS LAW SCHOOLS. 10862 725 SCHOLARSHIP RECOGNITION: SCHOLARSHIP RECIPIENTS AT BOTH LAW SCHOOLS AND THE ENDOWED SCHOLARSHIP RECEIVED WERE RECOGNIZED IN A ONE-PAGE AD IN THE ARKANSAS LAWYER MAGAZINE WHICH IS DISTRIBUTED TO 5,000 ATTORNEYS. THE FOUNDATION MAILED A GLOSS COPY OF THE PAGE TO EACH SCHOLARSHIP DONOR CONTACT. FELLOW'S RECOGNITION: FELLOWS ARE RECOGNIZED AT THE ANNUAL FELLOWS EVENT IN THE SPRING AND NEWLY PAID OUT FELLOWS HAVE THEIR PHOTOS TAKEN AND ARE ADDED TO THE HALL OF FELLOWS. 10862 725 211800 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 2 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 5013754606 2224 COTTONDALE LANE LITTLE ROCK AR 72202 ANN DIXON PYLE EXECUTIVE DIRECTOR 20.00 X 52115 0 5212 MICHAEL CRAWFORD PRESIDENT 3.00 X X 0 0 0 VICKI S VASSER VICE PRESIDENT, TEMP SECRETARY/TREASURER 2.00 X X 0 0 0 EDWARD T OGLESBY IMMEDIATE PAST PRESIDENT 2.00 X 0 0 0 GRANT E FORTSON TRUST COMMITTEE CHAIR 1.50 X 0 0 0 C MICHAEL DAILY DIRECTOR 0.25 X 0 0 0 DAVID GRACE DIRECTOR 0.25 X 0 0 0 E B CHIP CHILES IV DIRECTOR 0.25 X 0 0 0 GWENDOLYN L RUCKER DIRECTOR 0.25 X 0 0 0 J BARRETT DEACON JR DIRECTOR 0.25 X 0 0 0 JAMIE HUFFMAN JONES DIRECTOR 0.25 X 0 0 0 JUDGE CHALK MITCHELL DIRECTOR 0.25 X 0 0 0 JUDGE SHANNON L BLATT DIRECTOR 0.25 X 0 0 0 JULIE GREATHOUSE DIRECTOR 0.25 X 0 0 0 MARK MAYFIELD DIRECTOR 0.25 X 0 0 0 MISSY DUKE DIRECTOR 0.25 X 0 0 0 RUSSELL C ATCHLEY DIRECTOR 0.25 X 0 0 0 TIMOTHY WATSON SR DIRECTOR 0.25 X 0 0 0 MARGARET DOBSON ARKANSAS BAR ASSOCIATION P 0.25 X 0 0 0 ROBERT S JONES DIRECTOR 0.25 X 0 0 0 52115 0 5212 0 0 0 0 0 14681 63066 77747 116671 116671 160000 163701 -3701 -3701 -3701 269325 268129 1196 1196 1196 0 14681 3874 -3874 -3874 188039 0 0 110292 102138 102138 57327 48728 8599 28206 23975 4231 2820 2397 423 6145 5223 922 13300 13300 29146 29146 9988 8686 1302 590 590 605 605 7849 7249 600 MOCK TRIALS & CLE 10904 10904 MISCELLANEOUS EXPENSE 2982 2500 482 272000 211800 60200 0 108708 193305 35050 31350 6627 7320 3171529 1398769 1841513 1772760 3841760 4086698 2840 2840 5836498 6094273 83606 91772 83606 91772 X 3986281 4223420 1766611 1779081 5752892 6002501 5836498 6094273 -83961 333570 0 X 0 1 X 1 0 X 94252 89150 184898 89065 77747 535112 94252 89150 184898 89065 77747 535112 3839 531273 87168 65965 68625 100275 116671 438704 84193 27 84220 1058036 0.50210 0.49420 X 1773621 22404 50711 1745314 1785735 17752 40025 69891 1773621 1718220 75157 56967 64609 1785735 1696100 17725 4395 1718220 1661859 33122 1119 1696100 0.00290 0.14000 0.85710 0 0 350000 350000 2613695 1383646 1230049 11673 11673 0 196161 3450 192711 1772760 X 660038 333570 167575 501145 158893 29146 29146 188039 410429 167575 167575 242854 29146 29146 272000 PART V, LINE 4: EARNINGS FROM THE SCHOLARSHIP ENDOWMENT FUND ARE TO BE USED TO PROVIDE SCHOLARSHIPS TO THE UNIVERSITY OF ARKANSAS SCHOOL OF LAW AND THE UNIVERSITY OF ARKANSAS AT LITTLE ROCK SCHOOL OF LAW. EARNINGS FROM THE JUDITH GRAY ANNUAL MEETING ENDOWMENT ARE USED TO DEFRAY THE COST OF BRINGING PROMINENT SPEAKERS TO THE ANNUAL MEETING OF THE ARKANSAS BAR ASSOCIATION. EARNINGS FROM THE CLE ENDOWMENT ARE TO BE USED TO ENHANCE THE QUALITY OF CONTINUING LEGAL EDUCATION OR TO REDUCE THE COST TO THE CONTINUING LEGAL EDUCATION STUDENTS. PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE) AND IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. ACCOUNTING STANDARDS REQUIRE THE FOUNDATION TO EVALUATE TAX POSITIONS AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE FOUNDATION HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION MAY BE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BUILDING OCCUPANCY EXPENSES 163,701. SPECIAL EVENT EXPENSES 3,874. PART XII, LINE 2D - OTHER ADJUSTMENTS: BUILDING OCCUPANCY EXPENSES 163,701. SPECIAL EVENT EXPENSES 3,874. 1 UNIVERSITY OF ARKANSAS WATERMAN HALL 107 FAYETTEVILLE AR 72204 716003252 40653 0 PROFESSORSHIP, SCHOLARSHIPS, AND DELTA INITIATIVE PROJECT UNIVERSITY OF ARKANSAS AT LITTLE ROCK 2801 S UNIVERSITY AVE LITTLE ROCK AR 72204 716056774 43655 0 PROFESSORSHIP, SCHOLARSHIPS, AND RURAL INCUBATOR PROJECT PART I, LINE 2: SCHOLARSHIP PAYMENTS ARE MADE PAYABLE TO THE STUDENT RECIPIENTS AND MAILED TO THE UNIVERSITY TO DISTRIBUTE TO THE STUDENTS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE THE FOLLOWING MEMBERS: (A) ALL OF THE FOLLOWING OFFICIALS OF THE ARKANSAS BAR ASSOCIATION: THE CURRENT OFFICERS, THE CURRENT MEMBERS OF THE BOARD OF GOVERNORS, AND THE PAST PRESIDENTS. (B) THE DIRECTORS OF THIS CORPORATION, THE PAST DIRECTORS OF THIS CORPORATION WHO HAVE SERVED AT LEAST ONE FULL TERM, AND THE FELLOWS OF THE ARKANSAS BAR FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE BUSINESS OF THE CORPORATION SHALL BE CONDUCTED BY THE BOARD OF DIRECTORS. THE ELECTED DIRECTORS SHALL BE ELECTED BY THE MEMBERS OF THE FOUNDATION FOR THREE YEAR STAGGERED TERMS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE FOUNDATION MAY ADOPT ARTICLES FOR THE GOVERNMENT OF THE FOUNDATION, CONSISTENT WITH THESE ARTICLES, AS ARE DESIGNATED TO CARRY OUT THE OBJECTS OF THE FOUNDATION. THESE ARTICLES MAY BE AMENDED, AND IN ORDER TO APPROVE THESE ARTICLES, THE APPROVAL OF BOTH THE BOARD OF DIRECTORS AND THE MEMBERS SHALL BE REQUIRED. THE APPROVAL OF ANY AMENDMENT TO THE ARTICLES BY THE MEMBERS SHALL BE BY THE VOTE OF TWO-THIRDS OF THE VOTES CAST BY THE MEMBERS OF THE FOUNDATION PRESENT AT A MEETING DULY CALLED FOR THE PURPOSE OF CONSIDERING ANY AMENDMENT AND AT WHICH THERE IS PRESENT A QUORUM OF TWELVE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, ALONG WITH APPLICABLE SUPPLEMENTAL SCHEDULES, HAS BEEN REVIEWED IN DETAIL BY THE FOUNDATION'S AUDIT COMMITTEE. FORM 990 AND APPLICABLE SCHEDULES HAVE BEEN DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE FOUNDATION BOARD, (PRESIDENT, VICE PRESIDENT AND SECRETARY-TREASURER) PERFORM A WRITTEN PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR EACH MAY PRIOR TO MAKING A RECOMMENDATION FOR COMPENSATION IN THE PROPOSED BUDGET WHICH IS CONSIDERED AT THE ANNUAL BOARD MEETING IN JUNE. THE LAST TIME THIS EVALUATION OCCURRED WAS MAY, 2023. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. ARKANSAS BAR ASSOCIATION 2224 COTTONDALE LANE LITTLE ROCK AR 72202 710262732 ADVANCING THE ADMINISTRATION OF JUSTICE ACCORDING TO LAW AR 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 ARKANSAS BAR ASSOCIATION J 160000 FMV