2024-11-15T09:52:51-06:00 2023-12-31 251031405 MCGILL POWER BELL & ASSOC LLP 1446 LIBERTY STREET FRANKLIN PA 16323 990 2023-01-01 251292553 BRIDGE BUILDERS COMMUNITY FOUNDATIONS FKA VENANGO AREA COMM FOUNDATION BRID 8146778687 1322 ELK STREET FRANKLIN PA 16323 TRENTON MOULIN PRESIDENT & CEO 8146778687 2024-11-14 1 0 JOY S STRAIN P01359507 8144379568 2023 2024-10-15 13:58:12Z X TRENTON MOULIN 1322 ELK STREET FRANKLIN PA 16323 3657993 0 X WWW.BBCF.ORG X 1975 PA THE FOUNDATION SERVES CLARION, FOREST AND VENANGO COUNTIES TO DEVELOP, MANAGE, AND DISRTIBUTE FUNDING TO MEET THE PRESENT AND FUTURE NEEDS OF THE COMMUNITIES IN OUR SERVICE AREA. INDIVIDUALS, FAMILIES, BUSINESSES , AND ORGANIZATIONS BUILD PERMANENT FUNDS TO HELP THE COMMUNITIES MEET THE CHALLENGES OF CHANGING TIMES. THE FOUNDATION INVESTS THESE FUNDS USING THE EARNINGS TO FUND GRANTS TO SUPPORT EDUCATIONAL, HEALTH, HAMANITARIAN AND CULTURAL NEEDS OF THE PEOPLE AND ORGANIZATIONS IN THE LOCAL AREAS DESCRIBED ABOVE. 10 10 4 44 0 0 991041 2630568 258051 230171 384146 596348 3550 200906 1636788 3657993 2467570 1339949 0 0 182079 211651 0 0 18939 457573 682189 3107222 2233789 -1470434 1424204 15946859 18810098 2192787 2181360 13754072 16628738 X THE FOUNDATION SERVES CLARION, FOREST AND VENANGO COUNTIES TO DEVELOP, MANAGE, AND DISRTIBUTE FUNDING TO MEET THE PRESENT AND FUTURE NEEDS OF THE COMMUNITIES. INDIVIDUALS, FAMILIES, BUSINESSES , AND ORGANIZATIONS BUILD PERMANENT FUNDS TO HELP THE COMMUNITIES MEET THE CHALLENGES OF CHANGING TIMES. THE FOUNDATION INVESTS THESE FUNDS USING THE EARNINGS TO FUND GRANTS TO SUPPORT EDUCATIONAL, HEALTH, HAMANITARIAN AND CULTURAL NEEDS OF THE PEOPLE AND ORGANIZATIONS IN THE LOCAL AREAS DESCRIBED ABOVE. 0 0 2005372 1339949 230171 THE DEVELOPMENT, MANAGEMENT, AND DISTRIBUTION OF FUNDING IN THE FORM OF SCHOLARSHIPS, GRANTS AND OTHER ASSISTANCE THAT MEETS THE NEEDS OF THE COMMUNITIES IN CLARION, FOREST AND VENANGO COUNTIES. 2005372 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 27 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 PA X X X TRENTON MOULIN 8146778687 1322 ELK STREET OIL CITY PA 16323 BECKY EDWARDS DIRECTOR 1.00 X 0 0 0 DOUG SCHWAB DIRECTOR 1.00 X 0 0 0 DAVID THOMPSON TREASURER 1.00 X 0 0 0 W RUSSELL MCDAID DIRECTOR 1.00 X 0 0 0 DENISE JONES VICE CHAIRMAN 1.00 X 0 0 0 COLLEEN MCALEER DIRECTOR 1.00 X 0 0 0 MALOY SHROUT DIRECTOR 1.00 X 0 0 0 RICHARD WINKLER DIRECTOR 1.00 X 0 0 0 WARREN THOMAS CHAIRMAN 10.00 X 0 0 0 BARRY MCCAULIFF DIRECTOR 1.00 X 0 0 0 LYNN MCCASLIN SECRETARY 10.00 X 0 0 0 TRENTON MOULIN PRESIDENT & CEO 40.00 X 70350 0 0 70350 0 0 0 0 0 0 0 2630568 2630568 INVESTMENT MANAGEMENT 525920 230171 230171 230171 319710 319710 276638 0 276638 276638 276638 MISCELLANEOUS INCOME 900099 200906 200906 200906 3657993 431077 0 596348 853394 853394 486555 486555 84707 67766 16941 92746 92746 22764 18160 3682 922 11434 6053 4305 1076 140938 38333 102605 9151 9151 3899 3899 2108 2108 INVESTMENT MANAGEMENT F 307399 307399 0 MISCELLANEOUS 202732 202732 EQUIPMENT 15582 15582 SCHOLARSHIP EXPENSES 380 380 2233789 2005372 209478 18939 1075814 322841 202522 14748659 18160228 122386 124507 15946859 18810098 14619 7234 16050 250 2162118 2173876 2192787 2181360 X 11690666 14403979 2063406 2224759 13754072 16628738 15946859 18810098 1424204 1434412 16050 0 X X 0 1 X 1 0 X 604302 3410463 2000496 991041 2630568 9636870 604302 3410463 2000496 991041 2630568 9636870 9636870 158096 253579 343063 307641 319710 1382089 11018959 0.87460 0.90300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 14748659 2702954 2030760 1197639 18284734 16795517 1251642 -2452407 846093 14748659 15132828 1102926 2070623 338478 1172382 16795517 12185992 2301839 1651817 256218 750602 15132828 11252886 251202 881408 154170 45334 12185992 0 0 0 FUNDS HELD FOR OTHERS 2173876 2173876 X 5092405 1434412 1434412 3657993 0 3657993 2233789 0 2233789 0 2233789 PART V, LINE 4: TO SUPPORT THE NON-PROFIT AGENCIES WHO ESTABLISH THE FUNDS WITH THE FOUNDATION AND TO FINANCIALLY ASSIST THOSE IN THE COMMUNITY TO MEET THE CHALLENGES OF THE CHANGING TIMES. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS NO PROVISION FOR FEDERAL OR STATE INCOME TAXES. ACCORDINGLY, INCOME TAX EXPENSE IS LIMITED TO ACTIVITIES THAT ARE DEEMED BY THE INTERNAL REVENUE SERVICE TO BE UNRELATED TO THEIR EXEMPT PURPOSE. INTEREST AND PENALTIES RELATED TO INCOME TAX REPORTING ARE RECOGNIZED WHEN INCURRED AND ARE INCLUDED ON THE STATEMENT OF SUPPORT, REVENUES, EXPENSES AND CHANGES IN NET ASSETS - MODIFIED CASH BASIS. MANAGEMENT HAS DETERMINED THE FOUNDATION HAD NO ACTIVITIES SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT) DURING THE YEAR ENDED DECEMBER 31, 2022. THE FOUNDATION HAS NOT BEEN SUBJECT TO ANY INCOME TAX PENALTIES OR INTEREST FOR ALL OPEN TAX YEARS. 1 UNIVERSITY OF PITTSBURGH - TITUSVILLE 504 EAST MAIN STREET TITUSVILLE PA 16354 7930 0 MAC TRAINING FOR VENANGO COUNTY RESIDENTS THE BOROUGH OF COOPERSTOWN 142 RIVERSIDE DR COOPERSTOWN PA 16317 7500 0 COOPERSTOWN CHRISTMAS ISLAND- COOPERSTOWN OLD FASHION CHRISTMAS SCENIC RIVERS YMCA 7 PETROLEUM ST OIL CITY PA 16301 10000 0 YMCA OUTDOOR EDUCATION AND HEALTHY PLAY 365 PROJECT REQUEST GLADE RUN 3823 ACADEMY ST UTICA PA 16362 7500 0 ST. STEPHEN'S UTICA OUTDOOR EDUCATION AND RECREATION PROGRAM KEYSTONE COMMUNITY EDUCATION COUNCIL 206 SENECA ST OIL CITY PA 16301 7930 0 WELDING TECHNOLOGY CERTIFICATE PROGRAM FRANKLIN PUBLIC LIBRARY 421 12TH ST FRANKLIN PA 16323 10000 0 TEEN ROOM IMPROVMENT FOR THE COOPERSTOWN PUBLIC LIBRARY CATHOLIC RURAL MINISTRY 7 PULASKI ST OIL CITY PA 16301 10000 0 CRM VENANGO VETERAN'S CRISIS FUND SAFE INC 1302 E MAIN ST CLARION PA 16214 5100 0 SAFE, INC. CLARION BLUEPRINT COMMUNITY INC 633 MAYFIELD ROAD CLARION PA 16214 10000 0 CLARION MULTI-GENERATIONAL COMMUNITY PARK FOREST COUNTY EMS AUTHORITY PO BOX 413 MARIENVILLE PA 16239 21285 0 AMBULANCE RADIOS UNITED WAY OF VENANGO COUNTY 1999 ALLEGHENY BLVD RENO PA 16343 216394 0 DISTRIBUTION COMMUNITY SERVICES OF VENANGO CO INC 206 SENECA ST OIL CITY PA 16301 5860 0 GRANT SHRINERS HOSPITALS FOR CHILDREN - ERIE 1645 W 8TH ST ERIE PA 16505 6821 0 GRANT VISION FOR THE POOR 431 SHAWNEE DRIVE ERIE PA 165052433 8500 0 GRANT OIL REGION CATHOLIC COMMUNITY 35 PEARL AVENUE OIL CITY PA 16301 5305 0 GRANT SALVATION ARMY ATTN ROSANNE WITTE-HONCZARENKO WEST NYACK NY 10994 29868 0 BEAR CRAT GRANT AMERICAN RED CROSS ATTN TRUSTS ESTATES NORTHWEST WASHINGTON DC 20006 29868 0 BEAR CRAT GRANT VENANGO AREA CHAMBER OF COMMERCE 24 SENECA ST OIL CITY PA 16301 50000 0 GRANT - OC RIVERFRONT STUDY GEMS (GIRLS EXCELLING IN MATH & SCIENCE) 1322 ELK ST FRANKLIN PA 16323 59050 0 GRANT - GEMS VENANGO COUNTY ECONOMIC DEVELOPMENT AUTHORITY 1168 LIBERTY STREET FRANKLIN PA 16323 50000 0 OC NATIONAL BANK BUILDING VENANGO AREA CHAMBER OF COMMERCE 24 SENECA ST OIL CITY PA 16301 70000 0 BE HERE & YOUNG PROFESSIONALS VENANGO COUNTY DEPARTMENT OF VETERANS AFFAIRS 1 DALE AVE FRANKLIN PA 16323 8869 0 GRANT PUNXSUTAWNEY AREA HISTORICAL AND GENEALOGICAL SOCIETY INC PO BOX 286 PUNXSUTAWNEY PA 15767 35709 0 GRANT PUNXSUTAWNEY AREA COAL MEMORIAL PO BOX 286 PUNXSUTAWNEY PA 15767 37583 0 GRANT - RETIREMENT OF FUND VENANGO COUNTY FAIR 867A MERCER RD FRANKLIN PA 16323 10000 0 GRANT - FAIR UPGRADES OIL CITY TAKE PRIDE 1322 ELK ST FRANKLIN PA 16323 39300 0 PNC PASS THRU GRANT RIMERSBURG CEMETERY 8768 CEMETERY LN RIMERSBURG PA 16248 14500 0 ROAD IMPROVEMENTS FOR RIMERSBURG CEMETERY ECCLES-LESHER MEMORIAL LIBRARY 673 MAIN ST RIMERSBURG PA 16248 95000 0 ECCLES-LESHER MEMORIAL LIBRARY SCHOLARSHIPS 206 462971 PART I, LINE 2: AWARD LETTERS CONTAIN A CLAUSE THAT BY DEPOSITING THE FUNDS THE AWARDEE AGREES TO SUBMIT A GRANT CLOSING REPORT WITHIN ONE YEAR OF ACCEPTANCE OF FUNDS TO BRIDGE BUILDERS COMMUNITY FOUNDATIONS. X 2 207112 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 A DIRECTOR OF BRIDGE BUILDERS COMMUNITY FOUNDATIONS (BBCF) IS ALSO THE EXECUTIVE DIRECTOR OF AN ORGANIZATION WHICH RECEIVED PASSTHROUGH GRANTS FROM BBCF DURING THE YEAR. A CONFLICT OF INTEREST POLICY IS IN PLACE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS AUTHORIZED THE PRESIDENT & CEO TO REVIEW THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED AND SIGNED BY BOARD MEMBERS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT & CEO COMPLETES A SELF EVALUATION AND THEN IS EVALUATED BY THE EXECUTIVE COMMITTEE. COMPENSATION IS DETERMINED YEARLY AND ADJUSTED ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990 PART XII LINE 1 THE ORGANIZATION CHANGED ITS METHOD OF ACCOUNTING FROM MODIFIED CASH BASIS TO ACCRUAL BASIS TO PROVIDE INFORMATION ON RECEIVABLES AND PAYABLES IN THE FINANCIAL STATEMENTS AND GIVE A MORE BENEFICIAL PRESENTATION OF THE FINANCIALS AT YEAR END.