| FORM 990, PART VI, SECTION B, LINE 11B |
A DRAFT OF THE FORM 990 AND APPLICABLE SCHEDULES ARE PROVIDED TO EACH MEMBER OF THE COMMUNITY FOUNDATION'S BOARD OF GOVERNORS FOR REVIEW BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. IT IS REVIEWED BY THE COMMUNITY FOUNDATION'S CHIEF FINANCIAL OFFICER, VICE PRESIDENT, FINANCE AND CONTROLLER, AND THE PRESIDENT & CHIEF EXECUTIVE OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 12C |
EACH GOVERNOR IS REQUESTED TO PROVIDE ANNUALLY TO THE PRESIDENT OF THE FOUNDATION A LIST OF OFFICES AND DIRECTORSHIPS HE OR SHE HOLDS IN CHARITABLE AND BUSINESS ORGANIZATIONS AND TO IDENTIFY HIS OR HER PLACE OF EMPLOYMENT OR PRINCIPAL BUSINESS ACTIVITY. IN THE EVENT THE FOUNDATION IS CONSIDERING A GRANT TO, THE PROCUREMENT OF SERVICES FROM OR ANY OTHER TRANSACTION OR ARRANGEMENT WITH AN ENTITY IN WHICH A GOVERNOR, OR A MEMBER OF A GOVERNOR'S IMMEDIATE FAMILY, IS AN OFFICER, DIRECTOR OR IS EMPLOYED, DIRECTLY OR INDIRECTLY, THE GOVERNOR SHALL SO INFORM THE BOARD AND REFRAIN FROM VOTING ON THE MATTER. AT THE DISCRETION OF THE CHAIR, THE GOVERNOR MAY BE EXCUSED FROM BOARD DISCUSSION ON THIS MATTER. THIS PROCEDURE SHALL ALSO BE APPLICABLE TO COMMITTEES OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE FOUNDATION HAS ESTABLISHED SALARY GRADES AND RANGES, WITH THE GUIDANCE OF AN INDEPENDENT HR CONSULTING FIRM, WHICH TAKE INTO CONSIDERATION PUBLISHED COMPENSATION STUDIES AND OTHER DATABASES, WHICH INCLUDE COMPENSATION DATA SPECIFIC TO NONPROFIT AND TAX-EXEMPT ORGANIZATIONS. THE FOUNDATION PROVIDES COMMUNITY FOUNDATION SALARY SURVEY INFORMATION, AS WELL AS SALARY INFORMATION FOR LARGE NONPROFITS IN THE REGION, TO BOARD LEADERSHIP EACH YEAR. BOARD LEADERSHIP REVIEWS AND PROVIDES A RECOMMENDATION TO THE BOARD FOR THE PRESIDENT & CHIEF EXECUTIVE OFFICER'S (CEO) COMPENSATION INCREASE. THE FOUNDATION'S CEO DETERMINES COMPENSATION FOR THE FOUNDATION'S SENIOR TEAM. THE CEO, THE CHIEF OPEARATING OFFICER, AND THE DIRECTOR OF HUMAN RESOURCES REVIEW COMMUNITY FOUNDATION COMPARABLE SALARY INFORMATION AS WELL AS LOCAL COMPARATIVE SALARY INFORMATION BEFORE APPROVING ANNUAL SALARIES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE COMMUNITY FOUNDATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE COMMUNITY FOUNDATION OFFICES. |
| FORM 990, PART XI, LINE 9: |
CHANGE IN VALUE TRUST AND ANNUITIES 778,945. CHANGE IN VALUE-TRUSTS -8,929,864. CHANGE IN SPLIT INTEREST TRUST -847,323. THE RICHMOND FUND BOOK/TAX DIFFERENCE 67,275,604. FAS 136 ADJUSTMENT - CURRENT YEAR REALIZED ACTIVITY -1,158,412. FAS 136 ADJUSTMENT - CHANGE IN LIABILITY 2,776,498. |
Attach to Form 990 or 990-EZ.