2025-11-10T17:26:07-06:00 2024-12-31 591753337 KERKERING BARBERIO & CO PO BOX 49348 SARASOTA FL 342306348 990 2024-01-01 650455319 CHARLOTTE COMMUNITY FOUNDATION INC CHAR 9416370077 227 SULLIVAN STREET PUNTA GORDA FL 33950 KIM SAVASUK CPA TREASURER 9416370077 2025-11-10 1 1 REBECCA U STONER P00585910 9413654617 2024 2025-03-06 01:10:19Z SHELLEY STRICKLAND PHD 227 SULLIVAN STREET PUNTA GORDA FL 33950 2484229 0 X WWW.CHARLOTTECF.ORG X 1993 FL TO FOSTER PHILANTHROPY ACROSS CHARLOTTE COUNTY TO ENHANCE OUR COMMUNITY FOR GENERATIONS.AS THE COMMUNITY FOUNDATION DEDICATED TO CHARLOTTE COUNTY, FLORIDA, THE CHARLOTTE COMMUNITY FOUNDATION (CCF) ACTS AS A CENTER OF PHILANTHROPY BY PROVIDING PHILANTHROPIC EDUCATION, IMPACTFUL GRANTS, NONPROFIT TRAINING, AND COMMUNITY LEADERSHIP. CCF PROVIDES PERMANENT COMMUNITY CAPITAL TO SUPPORT (1) LOCAL NONPROFITS THROUGH COMPETITIVE AND DIRECTED GRANTMAKING; (2) TRADITIONAL-AGE AND ADULT LEARNERS WITH SCHOLARSHIPS FOR POST-SECONDARY TRAINING AT ALL LEVELS; AND (3) RESPONSIVE FUNDING TO ADDRESS PRESSING COMMUNITY NEEDS AND TO ENHANCE THE VIBRANCY OF THE COMMUNITY. 8 8 9 45 0 0 8088415 1532636 0 0 462039 647462 21413 23632 8571867 2203730 2467912 1452580 0 0 446786 505606 0 0 80643 601307 1189976 3516005 3148162 5055862 -944432 23581420 24406657 1748157 1978063 21833263 22428594 TO FOSTER PHILANTHROPY ACROSS CHARLOTTE COUNTY TO ENHANCE OUR COMMUNITY FOR GENERATIONS. 0 0 1769210 1452580 AS A FACILITATOR OF PHILANTHROPY, CCF:(1) PROVIDES FUNDING FOR CHARITABLE ORGANIZATIONS: $1,246,572 TO 54 DIFFERENT NONPROFIT ORGANIZATIONS IN 2024.(2) CCF ALSO ADMINISTERS SCHOLARSHIPS FOR BOTH TRADITIONAL-AGE AND ADULT LEARNERS: $173,851 AWARDED IN 2024.(3) CCF ALSO PROVIDES USAGE OF ITS FACILITIES FOR NONPROFIT EDUCATION AND TRAINING BY VARIOUS LOCAL 501(C)(3) OR GOVERNMENT AGENCIES WITH PUBLIC-PRIVATE PARTNERSHIPS. 1769210 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X X SUZANNE HERRON 9416370077 227 SULLIVAN STREET PUNTA GORDA FL 33950 LAURA AMENDOLA DIRECTOR 2.00 X 0 0 0 REPPARD GORDON DIRECTOR 2.00 X 0 0 0 KIM SAVASUK IMM. PAST CHAIR:TREASURER APR 2024 5.00 X X 0 0 0 JILL MCRORY TREASURER JAN-APR: CHAIR 5.00 X X 0 0 0 ROBERT PETERSON VICE CHAIR 5.00 X X 0 0 0 JOANN TOMPKINS SECRETARY APR 2024 5.00 X X 0 0 0 DEELYNN BENNETT DIRECTOR 2.00 X 0 0 0 DEBRA COOPER DIRECTOR 2.00 X 0 0 0 SUZANNE HERRON CFO 40.00 X 97991 0 8451 SHELLEY STRICKLAND CEO 40.00 X 178923 0 15568 276914 0 24019 1 0 1 0 WRIGHTWAY EMERGENCY SERVICES 300 TRIPLE DIAMOND BLVD NOKOMIS FL 34275 HURRICANE RESTORATION AND REPAIR 264865 1 1532636 204266 1532636 634787 634787 15990 13822 2168 2168 2168 279352 261658 5019 17694 -5019 12675 12675 OTHER INCOME 624200 21464 21464 21464 2203730 0 0 671094 1278729 1278729 173851 173851 300932 158351 98361 44220 148907 35946 106805 6156 3679 742 2839 98 17121 5723 10103 1295 34967 14916 16205 3846 30434 12983 14103 3348 61555 61555 2181 930 1011 240 9421 4019 4366 1036 45065 13244 28413 3408 51377 21916 23812 5649 39477 16839 18295 4343 9048 3860 5188 63673 27161 29508 7004 BAD DEBT EXPENSE 877745 877745 3148162 1769210 1298309 80643 4152 577 7290542 4265388 961767 0 15387 19064 3024323 654282 1924202 2370041 12699680 16547816 685690 1203771 23581420 24406657 31764 241300 207518 119176 1508875 1617587 1748157 1978063 X 4524131 4350528 17309132 18078066 21833263 22428594 23581420 24406657 X -944432 1334091 205672 X X 0 1 X 1 0 X 2408508 1157906 2840724 8088415 1532636 16028189 2408508 1157906 2840724 8088415 1532636 16028189 6414529 9613660 336059 402449 275730 487704 650777 2152719 14004 22735 21905 20163 21464 100271 18281179 0.52590 0.51210 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: COMMUNITY GRANTS DATE: 08/28/20 AMOUNT: 3600000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24 75 0 1523230 282569 1137854 1702627 20944152 1 1 12744096 1339004 1438724 684077 37245 14800502 7515346 4401088 1332434 502688 2084 12744096 9146518 73653 -1317428 378838 8559 7515346 8603441 19454 927087 403464 9146518 7211722 1018806 920517 547604 8603441 0.01020 0.66391 0.32589 0 0 293514 293514 2138324 603117 1535207 89133 51165 37968 503352 503352 2370041 REFUNDABLE SECURITY DEPOSIT 1500 AGENCY FUNDS 1616087 1617587 X 3666658 1334091 2720 314183 1650994 2015664 36757 151309 188066 2203730 3071327 2720 13822 16542 3054785 36757 56620 93377 3148162 PART V, LINE 4: ENDOWMENT FUNDS ARE ADMINISTERED IN ACCORDANCE WITH THE TERMS OUTLINED IN AN ENDOWMENT FUND AGREEMENT OR OTHER BINDING DOCUMENTATION, SUCH AS A LETTER OF INTENT FOR TESTAMENTARY GIFTS. DISTRIBUTIONS FROM ENDOWMENT FUNDS ARE MADE IN COMPLIANCE WITH FOUNDATION POLICIES, AND IN CONSULTATION WITH THE DONOR ENTITY AS APPROPRIATE. ENDOWMENT FUNDS FOR NONPROFIT ORGANIZATIONS, AGENCY, OR DESIGNATED FUNDS ARE TO SUPPORT THE ENTITY'S MISSION AS OUTLINED IN ITS BYLAWS. PART X, LINE 2: UNDER THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 314,183. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -13,822. AGENCY REVENUE 165,131. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 13,822. PART XII, LINE 4B - OTHER ADJUSTMENTS: AGENCY EXPENSE 56,620. 1 WILLIAM R GAINES JR VETERAN MEMORIAL FUND INC 3280-55A TAMIAMI TRAIL UNIT 121 PORT CHARLOTTE FL 33952 815393249 501(C)(3) 497486 0 GENERAL PEACE RIVER BOTANICAL & SCULPTURE GARDENS INC 5800 RIVERSIDE DR PUNTA GORDA FL 33982 263285783 501(C)(3) 101000 0 GENERAL VIRGINIA B ANDES VOLUNTEER COMMUNITY CLINIC 21297 OLEAN BLVD UNIT B CHARLOTTE HARBOR FL 33952 650958642 501(C)(3) 110462 0 SOCIAL SERVICES & WELFARE, HEALTH & MEDICAL ANN STORCK CENTER 1790 SW 43RD WAY FORT LAUDERDALE FL 33317 592171081 501(C)(3) 50000 0 SOCIAL SERVICES & WELFARE SOUTH FLORIDA STATE COLLEGE FOUNDATION INC 13 E MAIN ST AVON PARK FL 33825 593050497 501(C)(3) 40253 0 HEALTH & MEDICAL UNITED WAY OF CHARLOTTE COUNTY 17831 MURDOCK CIRCLE PORT CHARLOTTE FL 33948 591149995 501(C)(3) 38000 0 HEALTH & MEDICAL CHARLOTTE COUNTY HOMELESS COALITION INC 1476 KENESAW STREET PORT CHARLOTTE FL 33948 650139525 501(C)(3) 36342 0 GENERAL PEACE RIVER WILDLIFE CENTER 3400 PONCE DE LEON PKWY PUNTA GORDA FL 33950 592535665 501(C)(3) 33459 0 SOCIAL SERVICES & WELFARE, ANIMAL WELFARE, ENVIRONMENTAL & HISTORIC BABCOCK NEIGHBORHOOD SCHOOL INC 43301 CYPRESS PARKWAY BABCOCK RANCH FL 33982 371842600 501(C)(3) 26150 0 SOCIAL SERVICES & WELFARE CHARLOTTE LOCAL EDUCATION FOUNDATION INC 18150 MURDOCK CIRCLE PORT CHARLOTTE FL 33948 592592844 501(C)(3) 25222 0 HEALTH & MEDICAL GILSTAD LITERACY FOUNDATION DBA CHARLOTTE COUNTY IMAGINATION LIBRARY&R&&N& 312 SULLIVAN ST PUNTA GORDA FL 33950 872787392 501(C)(3) 24537 0 EDUCATION MEALS ON WHEELS OF CHARLOTTE COUNTY 3082 TAMIAMI TRAIL PORT CHARLOTTE FL 33952 591358912 501(C)(3) 24537 0 GENERAL ANIMAL WELFARE LEAGUE OF CHARLOTTE COUNTY 3519 DRANCE STREET PORT CHARLOTTE FL 33980 591146309 501(C)(3) 23762 0 CIVIC CHARLOTTE TECHNICAL COLLEGE 18150 MURDOCK CIRCLE PORT CHARLOTTE FL 33948 461998318 501(C)(3) 22078 0 GENERAL BOYS & GIRLS CLUBS OF CHARLOTTE COUNTY 21500 GIBRALTER DRIVE PORT CHARLOTTE FL 33952 650725247 501(C)(3) 21000 0 EDUCATION TEAM PUNTA GORDA 227 SULLIVAN STREET PUNTA GORDA FL 33950 202375899 501(C)(3) 19774 0 ENVIRONMENTAL & HISTORIC EAST NAPLES KIWANIS FLORIDA FOUNDATION INC 3750 ENTERPRISE AVENUE NAPLES FL 34104 263983974 501(C)(3) 16300 0 GENERAL ECHO INC 17391 DURRANCE ROAD NORTH FORT MYERS FL 33917 237275283 501(C)(3) 15000 0 EDUCATION SOUTHEASTERN GUIDE DOGS 4210 77TH STREET EAST PALMETTO FL 34221 592252352 501(C)(3) 15000 0 ANIMAL WELFARE CANINE CASTAWAYS INC PO BOX 3295 ARCADIA FL 34265 200416812 501(C)(3) 12736 0 GENERAL SUNCOAST HUMANE SOCIETY 6781 SAN CASA DRIVE ENGLEWOOD FL 34224 237174193 501(C)(3) 12736 0 SOCIAL SERVICES & WELFARE, ARTS, CULTURE PUNTA GORDA SYMPHONY INC PO BOX 511047 PUNTA GORDA FL 33951 592029342 501(C)(3) 12407 0 SOCIAL SERVICES & WELFARE CHARLOTTE PREPARATORY SCHOOL 365 ORLANDO BLVD PORT CHARLOTTE FL 33954 650661754 501(C)(3) 10812 0 GENERAL WORTHINGTON EDUCATIONAL FOUNDATION 200 E WILSON BRIDGE ROAD WORTHINGTON OH 43085 311260837 501(C)(3) 9802 0 GENERAL DOCTORS WITHOUT BORDERS USA 333 SEVENTH AVENUE 2ND FLOOR NEW YORK NY 100015004 133433452 501(C)(3) 9302 0 SOCIAL SERVICES & WELFARE PUNTA GORDA POLICE DEPARTMENT 1410 TAMIAMI TRAIL PUNTA GORDA FL 33950 596000415 7319 0 SOCIAL SERVICES & WELFARE THE ACADEMY CHARLOTTE COUNTY PUBLIC SCHOOLS 18300 COCHRAN BLVD PORT CHARLOTTE FL 33948 999999999 501(C)(3) 6000 0 CIVIC MILITARY HERITAGE MUSEUM INC 900 WEST MARION AVENUE PUNTA GORDA FL 33950 651036360 501(C)(3) 5250 0 EDUCATION 27 1 SCHOLARSHIPS 66 173851 PART I, LINE 2: THEY ARE REQUIRED TO SUBMIT AN INTERIM REPORT AND A FINAL REPORT. 0 0 0 0 0 0 0 0 0 SHELLEY STRICKLAND CEO 156923 0 22000 0 0 0 5368 0 10200 0 194491 0 0 0 X 2 204266 NYSE 0 1 0 FORM 990, PART I, LINE 6 VOLUNTEERS VOLUNTEERS ARE CRITICAL TO THE FOUNDATION AS THEY PROVIDE COMMUNITY PERSPECTIVES AND ACCOUNTABILITY AND MAKE POSSIBLE THE WORK OF THE ORGANIZATION IN ALL ASPECTS. THE CORE COMMITTEES OF THE BOARD OF DIRECTORS, FINANCE & AUDIT, AND REVIEWERS FOR GRANTS AND SCHOLARSHIPS ARE ALL VOLUNTEERS FROM THE COMMUNITY FORM 990, PART VI, SECTION A, LINE 4 ON SEPTEMBER 12TH, 2024, THE CCF BOARD OF DIRECTORS APPROVED AN AMENDMENT TO THE BYLAWS TO POSITION THE INITIAL VETTING OF POTENTIAL NEW BOARD MEMBERS WITH THE EXECUTIVE COMMITTEE IN CONSULTATION WITH THE CEO, TO THEN SHARE RECOMMENDATIONS FOR DISCUSSION AND ULTIMATE APPROVAL BY THE FULL BOARD OF DIRECTORS. THIS CHANGE REDUCED THE NUMBER OF COMMITTEES STANDING FROM SIX TO FOUR. THE OTHER REVISIONS ELIMINATING CUMBERSOME AND OUTDATED LANGUAGE WERE ALSO APPROVED. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S BOARD OF DIRECTORS RECEIVED AND REVIEWED THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THIS POLICY RECOGNIZES THAT BOTH REAL AND APPARENT CONFLICTS OF INTEREST AND DUALITIES OF INTEREST (HEREINAFTER REFERRED TO AS CONFLICTS) SOMETIMES OCCUR IN THE COURSE OF CONDUCTING THE CORPORATION'S DAILY AFFAIRS. A CONFLICT, AS USED IN THIS POLICY, REFERS ONLY TO THE PERSONAL, PROPRIETARY INTERESTS OF THE PERSONS COVERED BY THIS POLICY AND THEIR CLOSE PERSONAL RELATIONSHIPS AND NOT TO PHILOSOPHICAL OR PROFESSIONAL DIFFERENCES IN OPINION. CONFLICTS OCCUR BECAUSE MANY PERSONS ASSOCIATED WITH THE CORPORATION SHOULD BE EXPECTED TO HAVE AND DO, IN FACT, GENERALLY HAVE MULTIPLE INTERESTS AND AFFILIATIONS AND VARIOUS POSITIONS OF RESPONSIBILITY WITHIN THE COMMUNITY. SOMETIMES A PERSON WILL OWE IDENTICAL DUTIES TO TWO OR MORE ORGANIZATIONS CONDUCTING SIMILAR ACTIVITIES. CONFLICTS ARE UNDESIRABLE BECAUSE THEY POTENTIALLY OR APPARENTLY PLACE THE INTERESTS OF OTHERS AHEAD OF THE CORPORATION'S OBLIGATIONS TO ITS CORPORATE PURPOSES AND TO PUBLIC INTEREST. CONFLICTS ARE ALSO UNDESIRABLE BECAUSE THEY OFTEN REFLECT ADVERSELY UPON THE PERSONS INVOLVED AND UPON THE INSTITUTIONS WITH WHICH THEY ARE AFFILIATED, REGARDLESS OF THE ACTUAL FACTS OR MOTIVATIONS OF THE PARTIES. HOWEVER, THE LONG-RANGE BEST INTERESTS OF THE CORPORATION DO NOT REQUIRE THE TERMINATION OF ALL ASSOCIATION WITH PERSONS WHO MAY HAVE REAL OR APPARENT CONFLICTS IF A PRESCRIBED AND EFFECTIVE METHOD CAN RENDER SUCH CONFLICTS HARMLESS TO ALL CONCERNED. THEREFORE, THE CORPORATION'S AFFIRMATIVE POLICY SHALL BE TO REQUIRE THAT ALL ACTUAL OR APPARENT CONFLICTS BE DISCLOSED PROMPTLY AND FULLY TO ALL NECESSARY PARTIES AND TO PROHIBIT SPECIFIED INVOLVEMENT IN THE AFFAIRS OF THE CORPORATION BY PERSONS HAVING SUCH CONFLICTS. THIS POLICY SHALL APPLY TO THE DIRECTORS, OFFICERS, AGENTS, AND EMPLOYEES OF THE CORPORATION, INCLUDING ADVISORY COUNCIL MEMBERS, OFFICE VOLUNTEERS, AND INDEPENDENT CONTRACTOR PROVIDERS OF SERVICES AND MATERIALS. THE CORPORATION'S MANAGEMENT SHALL HAVE THE AFFIRMATIVE OBLIGATION TO PUBLICIZE PERIODICALLY THIS POLICY TO ALL SUCH PARTIES. DISCLOSURE OF ALL CONFLICTS TO EACH PERSON TO WHOM THIS POLICY APPLIES SHALL DISCLOSE ALL REAL AND APPARENT CONFLICTS, WHICH HE/SHE DISCOVERS OR HAS BROUGHT TO HIS/HER ATTENTION IN CONNECTION WITH THE CORPORATION'S ACTIVITIES. DISCLOSURE, AS USED IN THIS POLICY, SHALL MEAN PROVIDING PROMPTLY TO THE APPROPRIATE PERSONS A WRITTEN DESCRIPTION OF THE FACTS COMPRISING THE REAL OR APPARENT CONFLICT. ALL DISCLOSURE NOTICES RECEIVED HEREUNDER SHALL BE NOTED FOR THE RECORD IN THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS. PRESCRIBED ACTIVITY BY PERSONS HAVING CONFLICTS WHEN A DIRECTOR, OFFICER, AGENT OR EMPLOYEE BELIEVES THAT HE/SHE OR A MEMBER OF HIS/HER IMMEDIATE FAMILY MIGHT HAVE OR DOES HAVE A REAL OR APPARENT CONFLICT, HE/SHE SHALL, IN ADDITION TO MAKING THE REQUIRED DISCLOSURE, ABSTAIN FROM MAKING MOTIONS, VOTING, EXECUTING AGREEMENTS, OR TAKING ANY OTHER SIMILAR DIRECT ACTION ON BEHALF OF THE CORPORATION WHERE THE CONFLICT MIGHT PERTAIN, BUT SHALL NOT BE PRECLUDED FROM DEBATE OR OTHER SIMILAR INVOLVEMENT ON BEHALF OF THE CORPORATION. WHEN ANY PERSON REQUESTS IN WRITING, OR UPON ITS OWN INITIATIVE, THE BOARD AT ANY TIME MAY ESTABLISH FURTHER GUIDELINES CONSISTENT WITH THE INTERESTS OF THE CORPORATION FOR THE RESOLUTION OF ANY REAL OR APPARENT CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: CCF'S CEO IS EVALUATED ON AN ANNUAL BASIS, AS FOLLOWS: THE QUALITATIVE PERFORMANCE EVALUATION SHALL BE PRESENTED TO THE BOARD OF DIRECTORS AND PRESENTED TO THE CEO NO LATER THAN 30 DAYS FOLLOWING THE BOARD'S APPROVAL. THE BOARD CHAIR SHALL DESIGNATE AND CONVENE A REVIEW COMMITTEE, WHICH MAY INCLUDE THE EXECUTIVE COMMITTEE AND/OR OTHER MEMBERS OF THE BOARD. IF THE CHAIR CHOOSES NOT TO UTILIZE A COMMITTEE, THE BOD SHALL BE CONSIDERED THE COMMITTEE FOR PURPOSES OF PERFORMANCE EVALUATION OF THE CEO. THE COMMITTEE SHALL FIRST MEET WITH THE CEO, INDIVIDUALLY OR AS A GROUP, TO IDENTIFY ANY SPECIFIC ISSUES, CONCERNS, OR OTHER CONDITIONS THAT MAY NOT BE GENERAL KNOWLEDGE TO ALL MEMBERS OF THE COMMITTEE. THE CEO WILL COMPLETE A PERFORMANCE EVALUATION FORM, PROVIDING A PERSONAL SELF-EVALUATION, WHICH SHALL BE PROVIDED TO COMMITTEE MEMBERS. COMMITTEE MEMBERS WILL THEN COMPLETE A PERFORMANCE EVALUATION FORM, PROVIDING RANKINGS AND COMMENTS ON BOTH PROFESSIONAL AND PERSONAL PERFORMANCE FACTORS. AREAS TO BE ADDRESSED IN THE PERFORMANCE EVALUATION FORM SHALL INCLUDE: PROFESSIONAL FACTORS: STRATEGIC PLANNING AND EXECUTION; GOVERNANCE AND COMPLIANCE; ASSET DEVELOPMENT; FINANCIAL MANAGEMENT; COMMUNITY OUTREACH, EDUCATION, MARKETING AND PHILANTHROPY; STAFF MANAGEMENT/OPERATIONS; AND LINKAGE WITH OTHER FUND-RAISING AND PHILANTHROPIC GROUPS. PERSONAL FACTORS: COMMUNICATION; LEADERSHIP; COOPERATION/COLLABORATION; CREATIVITY; INITIATIVE; ANALYSIS; RELIABILITY AND EFFECTIVENESS; ORGANIZATIONAL UNDERSTANDING; PROFESSIONALISM; AND JUDGMENT. COMMITTEE INPUT WILL BE COMPILED INTO A REPORT WHICH WILL BE PRESENTED TO THE BOARD OF DIRECTORS TO GAIN AGREEMENT AND RECEIVE ANY ADDITIONAL INPUT FROM THE FULL BOARD. FOLLOWING THIS BOARD MEETING, THE BOARD CHAIR AND VICE CHAIR WILL SHARE THE RESULTS OF THE QUALITATIVE PERFORMANCE REVIEW WITH THE CEO, WHO SHALL SIGN THE EVALUATION AS CONFIRMATION THAT IT WAS RECEIVED. A QUANTITATIVE EVALUATION OCCURS IN THE FIRST QUARTER OF THE SUBSEQUENT YEAR, FOLLOWING THE CLOSURE OF THE FOUNDATION'S FY FINANCIALS IN JANUARY. ANY POTENTIAL BONUS COMPENSATION MAY BE AWARDED UPON COMPLETION OF THE QUANTITATIVE EVALUATION. AT THE START OF EACH FISCAL YEAR, THE CEO SHOULD WORK WITH THE EXECUTIVE COMMITTEE TO ESTABLISH KEY PERFORMANCE INDICATORS FOR THE COMING YEAR. USING THE STRATEGIC PLAN AS A STARTING POINT, THIS DIALOGUE SHOULD PRODUCE AN INITIAL SET OF AGREED-UPON WEIGHTED KEY PERFORMANCE INDICATORS AND ASSOCIATED MEASUREMENTS. UPON REVIEWING AND AMENDING THE GOALS, IF NEEDED, THE FINAL SET SHALL BE DISCUSSED AND APPROVED BY THE FULL BOARD. KEY PERFORMANCE INDICATOR AREAS OF EMPHASIS SHALL INCLUDE: FINANCE AND ADMINISTRATION, FUNDRAISING, MARKETING AND COMMUNICATIONS, HUMAN RESOURCES/OPERATIONS. UPON CLOSURE OF CCF'S FY FINANCIALS IN JANUARY AND BEFORE THE CEO'S QUANTITATIVE REVIEW, THE EXECUTIVE COMMITTEE SHALL REVIEW THE KEY PERFORMANCE INDICATORS AND THE CEO'S PROGRESS AGAINST THEM. THE COMMITTEE SHALL ASSESS IF AND HOW THE CEO MET OR EXCEEDED THESE MEASURES AND IDENTIFY AREAS THAT REQUIRE CLOSER ATTENTION. REVISIONS TO THE GOALS ESTABLISHED MAY BE MADE AT THIS TIME IN LIGHT OF CHANGED CIRCUMSTANCES, SUCH AS RAPIDLY CHANGING BUSINESS CONDITIONS. LINE 15B: THE CEO AND DIRECT SUPERVISORS CONDUCT ANNUAL PERFORMANCE REVIEWS WITH KEY EMPLOYEES DURING SECOND QUATER. BASED ON OVERALL PERFORMANCE (GOALS ARE ESTABLISHED IN ADVANCE) DIRECT SUPERVIORS MAKE A RECOMMENDATION TO THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: AGENCY REVENUES -165,130. AGENCY EXPENSES 56,619. CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 314,183. FORM 990, PART XII, LINE 2C AUDIT REVIEW PROCESS THE AUDIT REVIEW PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.