2024-07-02T13:38:03-05:00 2023-12-31 540504608 BROWN EDWARDS & COMPANY LLP 707 VIRGINIA STREET EAST SUITE 300 CHARLESTON WV 25301 990 2023-01-01 550734101 CARNEGIE HALL FOUNDATION INC CARN 9192701223 3558 JEFFERSON ST N SUITE 5 PMB 1 LEWISBURG WV 24901 TODD WAGGY TREASURER 9192701223 2024-06-20 1 TODD WAGGY 999009999 0 KELLI VANCE P00366597 3043434188 2024-06-20 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z THOMAS WHITE 3558 JEFFERSON ST N SUITE 5 PMB 107 LEWISBURG WV 24901 279090 0 X N/A X 2004 WV THE CARNEGIE HALL FOUNDATION'S MISSION IS TO CREATE AND GROW A PERMANENT ENDOWMENT TO PROTECT THE FUTURE OF CARNEGIE HALL, INC. AS NECESSARY, THE FOUNDATION MAY USE A PORTION OF THE ENDOWMENT'S EARNINGS EACH YEAR TO SUPPORT CARNEGIE HALL, INC, ARTS EDUCATION AND PERFORMANCE PROGRAMMING, OPERATIONS, AND PRESERVATION OF THE HISTORIC BUILDING. 5 5 0 0 0 0 375728 204974 0 0 47772 74116 0 0 423500 279090 76700 71900 0 0 0 0 0 0 0 27932 25778 104632 97678 318868 181412 2214532 2589156 0 0 2214532 2589156 X CONTINUED ON SCHEDULE O:THE CARNEGIE HALL FOUNDATION'S MISSION IS TO CREATE AND GROW A PERMANENT ENDOWMENT TO PROTECT THE FUTURE OF CARNEGIE HALL, INC AS NECESSARY, THE FOUNDATION MAY USE A PORTION OF THE ENDOWMENT'S EARNINGS EACH YEAR TO SUPPORT CARNEGIE HALL, INC ARTS EDUCATION AND PERFORMANCE PROGRAMMING, OPERATIONS, AND PRESERVATION OF THE HISTORIC BUILDING 0 0 71900 71900 THE ORGANIZATION MISSION AS PREVIOUSLY STATED 71900 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 WV X TODD WAGGY 9192701223 3558 JEFFERSON ST N SUITE 5 PBM 107 LEWISBURG WV 24901 X TRIP HAMILTON DIRECTOR 1.00 X X 0 0 0 THOMAS W WHITE PRESIDENT & DIRECTOR 1.00 X X 0 0 0 TODD WAGGY TREASURER & DIRECTOR 1.00 X X 0 0 0 DAVID KIRBY SECRETARY & DIRECTOR 1.00 X X 0 0 0 SHIRLEY RUNYON VICE PRESIDENT & DIRECTOR 1.00 X X 0 0 0 WILLIAM DEEGANS DIRECTOR 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 204974 204974 68312 68312 5804 0 5804 5804 5804 279090 5804 0 68312 71900 71900 1881 1881 8075 8075 12730 12730 1055 1055 ADMINISTRATIVE SERVICES 2037 2037 97678 71900 25778 0 9451 210478 2010792 2245507 194289 133171 2214532 2589156 0 0 X 2214532 2589156 2214532 2589156 2214532 2589156 181412 193212 0 X 1 X 0 0 0 X X X 1 CARNEGIE HALL INC 550639668 10 1 71900 0 1 71900 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 5879 0 0 45591 68312 45591 74191 0 0 14703 13048 0 0 30888 61143 1677409 1809279 212155 320694 195551 240250 2085115 2370223 0 0 0 2085115 2370223 31277 35553 2053838 2334670 71884 81713 0 0 71884 81713 30888 26255 71884 71884 0 71884 71900 0 0 0 0 0 71900 71900 71884 100.000000000000 71884 0 0 0 0 0 2138 2138 0 2138 0 0 71900 0 69746 2154 0 0 2154 0 0 0 0 2154 FORM 990, SCH A, PART IV, SEC. D, LN 3 CARNEGIE HALL INC.'S EXECUTIVE DIRECTOR AND ANOTHER MEMBER OF THE SUPPORTED ORGANIZATION ATTEND THE JOINT FOUNDATION AND SUPPORTED ORGANIZATION BOARD MEETINGS. CARNEGIE HALL INC., HAS A SIGNIFICANT VOICE IN THE FOUNDATION'S INVESTMENT POLICIES, TIMING OF GRANTS, MANNER OF MAKING GRANTS, SELECTION OF GRANT RECIPIENTS, AND OTHER USE OF INCOME OR ASSETS. THIS IS DONE SO THROUGH JOINT BOARD MEETINGS OF CARNEGIE HALL INC. AND THE FOUNDATION. THE EXECUTIVE DIRECTOR AND OTHER MEMBER OF CARNEGIE HALL INC., ATTEND THE JOINT BOARD MEETINGS. SPECIFICALLY, THE EXECUTIVE DIRECTOR PROPOSES THE BUDGET OF WHAT ITS DISTRIBUTIONS WILL BE USED FOR AND TO WHOM. THE BOARD PROVIDES APPROVAL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2151681 204974 254598 71900 2539353 2269367 344451 -358737 76700 26700 2151681 2099401 260565 65000 25599 2269367 32454 32454 30446 3703 1300 395 32454 0 0 0 HELD IN COMMUNITY FOUNDATION 133171 F 133171 PART V, LINE 4: THE FUND'S PRIMARY OBJECTIVE IS TO PROVIDE FOR LONG TERM GROWTH OF CAPITAL TO MEET THE FUTURE OBLIGATIONS OF THE FUND WITH A SECONDARY OBJECTIVE OF PROVIDING NECESSARY INCOME TO MEET CURRENT OPERATIONAL NEEDS OF THE FOUNDATION. THE FOUNDATION FOLLOWS AN ASSET ALLOCATION WITH A MIX OF CASH AND CASH EQUIVALENTS, FIXED INCOME, AND EQUITIES THAT ALLOW FOR LONG-TERM GROWTH. THE FOUNDATION HAS A POLICY OF APPROPRIATING NO MORE THAN 4% OF ITS ENDOWMENT FUNDS AVERAGE FAIR VALUE OVER A MULTIPLE QUARTER AVERAGE TO MEET MINIMUM FUNDING REQUIREMENTS NECESSARY TO SUPPORT THE HALL. DISTRIBUTIONS MAY BE ADJUSTED OR SUSPENDED DUE TO ECONOMIC OR FINANCIAL CONDITIONS. ADDITIONAL FUNDS MAY BE WITHDRAWN UPON BOARD ACTION AND APPROVAL 0 CARNEGIE HALL INC 611 CHURCH STREET LEWISBURG WV 24901 550639668 501(C) 71900 0 FURTHER IT'S EXEMPT PURPOSE FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990: A DRAFT COPY OF THE FOUNDATION'S FORM 990 IS INITIALLY REVIEWED BY THE FOUNDATION'S TREASURER. ONCE THAT REVIEW IS COMPLETE, AN ELECTRONIC, DRAFT COPY IS MADE AVAILABLE TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING. IN ADDITION, THE INDEPENDENT CPA FIRM RESPONSIBLE FOR THE PREPARATION OF THE FORM 990 IS AVAILABLE FOR QUESTIONS REGARDING THE FILING. ONCE THE REVIEW IS COMPLETE, THE FORM 990 IS FILED ELECTRONICALLY WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: EACH YEAR BOARD MEMBERS ARE REQUIRED TO DISCLOSE IN WRITING ANY SUCH CONFLICTS FORM 990, PART VI, SECTION C, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC: ELECTRONIC COPIES OF THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC AND MAY BE OBTAINED BY EMAILING A REQUEST TO: CARNEGIEHALLFOUNDATION@GMAIL.COM. CARNEGIE HALL INC 611 CHURCH STREET LEWISBURG WV 24901 550639668 EDUCATION WV 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0