2024-11-15T14:56:27-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-01-01 363892303 FRIENDS OF THE HAMILTON SCHOOLS FOUNDATION INC FRIE 4063967279 PO BOX 1514 HAMILTON MT 59840 JANE MASON PRESIDENT 4063967279 2024-11-15 1 1 BECKY DETTMANN CPA P01408585 3037795710 2024-11-15 2023 2024-10-15 13:58:12Z JANE MASON PO BOX 1514 HAMILTON MT 59840 1007364 0 X FHSFMT.ORG X 1993 MT AWARD SCHOLARSHIPS TO HAMILTON HS STUDENTS AND SUPPORT THE NON-FUNDED NEEDS OF THE HSD3. 11 11 0 12 0 0 9507 44676 0 0 225721 89063 0 0 235228 133739 118759 139072 0 0 0 1500 0 0 0 60272 65638 179031 206210 56197 -72471 3623308 3891812 129725 144466 3493583 3747346 THE FOUNDATION EXISTS TO CREATE AND MAINTAIN A FINANCIAL BASE TO SUPPORT THE NON-FUNDED NEEDS OF THE HAMILTON SCHOOL DISTRICT AND TO FUND SCHOLARSHIPS FOR THEIR GRADUATES ATTENDING POST GRADUATE EDUCATION. 0 0 119650 119650 0 FORTY-FOUR SCHOLARSHIPS WERE PAID OUT TO COLLEGES AND UNIVERSITIES THROUGHOUT THE NATION ON BEHALF OF GRADUATING SENIORS AND HHS ALUMNI FROM DONATIONS AND ENDOWMENT EARNINGS ACCUMULATED SINCE 1993. THE SCHOLARSHIPS ARE PAID BASED ON CRITERIA ESTABLISHED WHEN THE FUNDS WERE COLLECTED. 19422 19422 0 TWENTY-ONE GRANTS WERE PAID OUT TO PROVIDE FUNDS FOR SPECIAL PROJECTS IN THE HAMILTON SCHOOL DISTRICT AND LOCAL COMMUNITY THAT WERE NOT FUNDED WITHIN THE NORMAL SCHOOLS OPERATING BUDGETS. 0 0 0 ZERO SCHOLARSHIPS WERE PAID OUT ON BEHALF OF CURRENT TEACHERS IN THE HAMILTON SCHOOL DISTRICT FOR CONTINUING EDUCATION. THIS PROGRAM WILL RESUME IN 2024. 139072 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 X JILL HANSEN 4063967279 302 N 1ST ST STE 5 HAMILTON MT 59840 JOHN MIKESELL PRESIDENT 1.00 X X 0 0 0 JANE MASON VICE PRESIDENT 1.00 X X 0 0 0 KERRY HANSON DIRECTOR 1.00 X 0 0 0 TAYLOR KING DIRECTOR 1.00 X 0 0 0 SHARON MATTIX DIRECTOR 1.00 X 750 0 0 MONA MCCARTY DIRECTOR 1.00 X 750 0 0 MARISA NEYENHUIS DIRECTOR 1.00 X 0 0 0 JEAN STEELE DIRECTOR 1.00 X 0 0 0 MARIE ANTONIOLI DIRECTOR 1.00 X 0 0 0 ALEXIS HOLLAND DIRECTOR 1.00 X 0 0 0 JAMIE TADVICK DIRECTOR 1.00 X 0 0 0 JILL HANSEN TREASURER 3.00 X 0 0 0 RONDA HANSEN SECRETARY 1.00 X 0 0 0 1500 0 0 0 0 0 0 0 44676 44676 87933 87933 874755 873625 1130 1130 1130 133739 0 0 89063 19422 19422 119150 119150 500 500 1500 1500 10494 10494 43500 43500 4884 4884 4991 4991 543 543 941 941 FOREIGN TAX WITHHELD 265 265 LICENSES AND FEES 20 20 206210 139072 67138 0 47577 33811 10000 11000 3565731 3847001 3623308 3891812 1371 129725 143095 129725 144466 X 28 38048 3493555 3709298 3493583 3747346 3623308 3891812 -72471 340971 -14737 0 X 0 0 0 X 71425 199482 24914 9507 44676 350004 71425 199482 24914 9507 44676 350004 220378 129626 79748 87770 84038 86396 87933 425885 775889 0.16710 0.29360 X THE FRIENDS OF THE HAMILTON SCHOOLS FOUNDATION, INC. (FHSF) MEETS THE 10% FACTS-AND-CIRCUMSTANCES TEST DESCRIBED IN TREASURY REGULATION 1.170A-9(F)(3) BASED ON THE FACTS AND CIRCUMSTANCES OUTLINED BELOW.THE FOUNDATION RECEIVES AT LEAST 10% OF ITS SUPPORT FROM THE GENERAL PUBLIC VIA DONATIONS. THE FOUNDATION ALSO MAINTAINS A PROGRAM TO SOLICIT FUNDS FROM THE PUBLIC. INDIVIDUALS CAN GO ON TO THE FOUNDATION'S WEBSITE AND MAKE DONATIONS TOWARDS SPECIFIC SCHOLARSHIPS OR THE GENERAL FUND. ON THE WEBSITE THE ORGANIZATION PROVIDES NOT ONLY A "DONATE" BUTTON BUT ALSO INSTRUCTIONS FOR DONORS WANTING TO DONATE THROUGH STOCK GIFTING, AND ESTATE PLANNING. THE FOUNDATION ASKS ON ITS WEBSITE THAT TO MAINTAIN PUBLIC NONPROFIT STATUS "WE CONTINUE TO NEED COMMUNITY SUPPORT." THE GOVERNING BODY REPRESENTS A BROAD PUBLIC INTEREST TO SUPPORT THE NON-FUNDED NEEDS OF THE HAMILTON SCHOOLS SYSTEM BUT TO ALSO HELP GRADUATES AFFORD THE COST OF ATTENDANCE AT POST GRADUATE EDUCATION. ALTHOUGH FHSF FAILS THE 33 1/3 SUPPORT TEST, IT IS BELIEVED THAT THIS CONDITION IS TEMPORARY. BOTH THE FINANCE AND PUBLIC RELATIONS COMMITTEES ARE TASKED WITH MAKING SURE ORGANIZATION WILL MEET THE SUPPORT TEST WITHIN THE NEXT THREE YEAR. THEY PLAN ON SPONSORING FUNDRAISERS, SOLICITATING LARGE BEQUESTS, AND STARTING A DONATION CAMPAIGN FROM HHS ALUMNI AND COMMUNITY MEMBERS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3493583 44676 386269 140174 37008 3747346 4151799 8846 -177876 108342 380844 3493583 3792167 24914 492285 112286 45281 4151799 3368830 199482 369882 97607 48420 3792167 2896336 71425 545940 100227 44644 3368830 0.01015 0.70836 0.28148 0 0 0 PART V, LINE 4: INDIVIDUAL ENDOWMENTS ARE MAINTAINED PER WISHES OF THE DONOR. GENERALLY SCHOLARSHIPS ARE PAID FROM THE EARNINGS FROM THESE ENDOWMENT FUNDS. 1 HAMILTON SCHOOL DISTRICT #3 217 DALY AVE HAMILTON MT 59840 816000830 STATE OF MT 19422 0 N/A N/A SPECIAL PROGRAM NEEDS & CLASSROOM PROJECTS 1 0 STUDENT SCHOLARSHIPS 44 119150 N/A N/A PART I, LINE 2: PROGRAM 1 - HAMILTON HIGH SCHOOL STUDENT AND ALUMNI: THE ORGANIZATION HAS A SCHOLARSHIP COMMITTEE THAT REVIEWS APPLICATIONS AND AWARDS THE GRANTS. ALL SCHOLARSHIP CRITERIA ARE EVALUATED BY THE SCHOLARSHIP COMMITTEE AND/OR TREASURER BEFORE FUNDS ARE DISBURSED TO COLLEGES. PROGRAMS 2 AND 3 - HAMILTON SCHOOL TEACHERS: THE ORGANIZATION HAS A GRANT COMMITTEE THAT REVIEWS APPLICATIONS AND AWARDS THE CLASSROOM GRANTS AND CONTINUING EDUCATION SCHOLARSHIPS. FINAL DISBURSEMENTS FOR K-12 SUPPORT ARE APPROVED BY SCHOOL ADMINISTRATION. NO TEACHER SCHOLARSHIPS WERE GIVEN IN 2023, THIS PROGRAM WILL RESUME IN 2024. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE FOUNDATION'S INDEPENDENT CPA WITH INFORMATION PROVIDED BY MANAGEMENT. THE FINANCE COMMITTEE REVIEWS THE 990 BEFORE FILING. THE TREASURER PRESENTS THE 990 TO THE ENTIRE BOARD AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE GIVEN TO EACH NEW BOARD MEMBER AND OFFICER. EVERY INDIVIDUAL MUST REVIEW AND BEFORE SIGNING PROVIDE ENOUGH INFORMATION TO THE BOARD TO ALLOW THE BOARD TO MAKE A DETERMINATION OF WHETHER THE TRANSACTION OR RELATIONSHIP INVOLVES A CONFLICT OF INTEREST. THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE FORM 990 AND ALL FINANCIAL STATEMENTS ARE ON FILE AT THE OFFICE OF JILL HANSEN AT 302 N. 1ST ST. SUITE 5 HAMILTON, MT 59840. IF A REQUEST IS RECEIVED FOR PUBLIC ACCESS TO THOSE ITEMS, THEY ARE ALLOWED TO OBTAIN A COPY OR READ THEM ON SITE AS THEY PREFER.