2024-05-13T19:26:38-07:00 2023-06-30 990 2022-07-01 363309063 TRINITY ROSELLE FOUNDATION TRIN 6308943263 405 Rush Street Roselle IL 60172 Peter Croner Director 6308943263 2024-05-10 Peter Croner 999009999 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z Andy Trosper 405 Rush Street Roselle IL 60172 393023 0 X www.trinityrosellefoundation.com X 1983 IL Trinity Roselle Foundation is a supporting organization (501(c)(3) charitable foundation) supporting the special ministry opportunities of Trinity Evangelical Lutheran Congregation, U.A.C. and School in Roselle, Illinois. The foundation seeks to expand the Lord's work among His people, both in Roselle and beyond. 13 10 0 13 0 0 136351 111775 0 0 205701 163492 1785 1879 343837 277146 103892 183072 0 0 0 0 5000 5000 5000 17010 14413 125902 202485 217935 74661 2232702 2339774 12300 11226 2220402 2328548 Trinity Roselle Foundation provides individuals wishing to partner with Trinity's promise, the opportunity to strengthen biblically sound ministries that enrich our community, as we build the impact to others with financial gifts and support beyond regular giving. Individuals are encouraged by the Foundation to share their blessings from God to extend our ability to bless others. Its gift giving acceptance policy is structured to enable donations and bequests to be prioritized and directed to ministries dearest to their hearts. 0 0 42990 42000 71959 School Endowment Fund -Contributions and earnings generated from investments within this fund are used to partner with Trinity Lutheran School providing assistance to school families wishing to send their children to the school but lack the financial means to afford full tuition. An independent organization analyzes applications for tuition assistance from both current and prospective school families. Needs-based assistance is provided to approved families through the school's Grant-in-Aid Program. Grants provided by the Foundation fill a portion of the tuition affordability gap for families that apply for and are approved for financial assistance through this program. Additionally, Foundation grants provide for the addition, modernization and replacement of technology, equipment and facilities needed by the school to maintain a state-of-the-art learning environment. Past funding has also provided for teacher training and parent workshops that sharpen parental skills that augment partnering with school faculty to help children develop into better students and responsible young Christians. 109518 109518 84264 T-Fund - Contributions and earnings generated within this fund are used to provide tuition assistance to school families that are also members of Trinity Lutheran Church. The fund was established by a church member as a way to show his gratitude to the church/school for providing assistance to his family when his children were attending Trinity Lutheran School. 23123 22133 39883 School Tuition Fund - Contributions and earnings generated from investments within this fund are used to provide financial support to all Trinity Lutheran School families. Following the spending policy in place, a Board-determined amount is made available on an annual basis to registered school families during the registration process. This assistance helps make Trinity Lutheran School a bit more affordable for all school families by cushioning the impact of annual increases to the cost of education passed along through higher tuition and fees. 13280 9421 81040 General Foundation Fund - Contributions and earnings generated from investments within this fund are used to provide assistance for a variety of Board approved grant requests. Funding requests have covered grants to local schools to purchase supplies for needy families, ongoing support to local not-for-profit organizations within the community, and to cover the cost of financial acumen classes for individuals experiencing difficulty in managing their personal finances. Church Endowment Fund - Contributions and earnings generated from investments within this fund are used to provide assistance to the church for special needs beyond normal budgetary items such as special Covid-19 equipment and security enhancements. Prange-Mueller Endowment Fund - Contributions and earnings generated from investments within this fund are used to provide assistance to individuals wishing to go into church and ministry work. Assistance may be in the form of special training, tuition for college classes and seminary attendance among others. Other Dedicated Funds - represents miscellaneous small funds. 13280 9421 81040 188911 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 13 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IL X Peter Croner 6308943263 405 Rush Street Roselle IL 60172 Reverend Jonathan D Petzold President and Director 2 40 X X 0 53842 71411 Carole J Arco Treasurer and Director 2 40 X X 0 71360 42176 Dawn Koenig Former Vice Chairperson and Director 1 40 X 0 5440 43175 Peter Croner Assistant Treasurer and Director 4 8 X X 0 12224 11980 Don Gillingham Vice Chairperson and Director 2 40 X X 0 0 6855 Andy Trosper Chairperson and Director 5 0 X X 0 0 0 Theresa Mittelbrun Secretary and Director 5 15 X X 0 0 0 Brandon Epting Director 1 0 X 0 0 0 John Berka Director 3 0 X 0 0 0 John Kelm Director 3 0 X 0 0 0 David Bowen Director 1 0 X 0 0 0 Jeff Behrens Director 2 0 X 0 0 0 Candi Eichholz Director 1 0 X 0 0 0 Tracy Geisler Director 1 0 X 0 0 0 0 142866 175597 0 1 0 0 0 0 0 0 0 0 111775 0 111775 0 163369 163369 0 0 0 0 0 0 0 0 0 0 0 0 116000 0 115877 0 123 0 123 123 0 0 0 Cash Surrender Value-Life Insurance Policy 900000 1879 1879 0 0 0 0 0 0 1879 277146 165371 0 0 182072 182072 1000 1000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7500 0 7500 0 0 0 0 0 5000 5000 0 0 0 0 0 0 0 0 3753 3753 0 0 0 0 0 0 1524 1524 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1074 0 1074 0 562 562 0 0 202485 188911 8574 5000 78126 92222 0 0 0 0 0 205 0 0 0 0 3998 0 0 0 0 1156 2114811 2208545 0 0 0 0 0 0 35767 37646 2232702 2339774 12300 11226 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12300 11226 X 1998611 2142020 221791 186528 2220402 2328548 2232702 2339774 74661 33485 0 0 0 0 X 1 X 0 0 0 X 8509 120700 44208 136351 111776 421544 0 0 0 0 0 0 0 0 0 0 8509 120700 44208 136351 111776 421544 421544 135318 86968 162409 205701 163493 753889 0 0 0 0 0 0 0 0 0 0 1175433 0 0.35863 0.14497 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1881482 108246 168843 177072 0 14819 1966680 2031406 131886 -173538 81216 0 27056 1881482 1724650 55494 421504 159025 0 11217 2031406 1597537 120071 66155 43800 0 15313 1724650 1501583 7501 139278 39300 0 11525 1597537 0.9109 0 0.0891 0 0 Schedule D, Part V, Line 4 The endowment funds of Trinity Roselle Foundation exist to provide financial support to each of the respective endowment fund categories. The Trinity Lutheran School Endowment Fund provides funding to the school for various needs including technology upgrades, security enhancements, and tuition assistance for specific families experiencing financial hardship. The Trinity Lutheran School Tuition Fund provides tuition assistance to all school families to help offset the cost of tuition and the impact of annual increases in tuition and fees. The T-Fund offers school tuition assistance to Trinity Lutheran Church member families made possible by a generous annual gift by a long-time church member, and now by his charitable trust following his passing. The Trinity Lutheran Church Endowment Fund provides funding for special projects and initiatives that are beyond what is possible through regular church member contributions. The Prange-Mueller Fund provides funding to assist church workers to further their education and training, and to support prospective church workers in attending seminary and other higher education endeavors. 1 Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 109518 0 The full amount of this grant provided tuition assistance to school families that are also communicant members of Trinity Lutheran Church. This fund was created by a long-time church member as a way of expressing his appreciation to the church and school for the support he and his family were given over the years. Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 42000 0 $27,000 represented funding in support of the Grant-in-Aid tuition assistance program that provides financial assistance to families in financial need to cover a portion of their tuition costs; $10,000 covered costs for teachers to attend the annual L.E.A. (Lutheran Educators Association) conference; $5,000 provided support to enhance the school marketing efforts. Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 22133 0 The full amount of this grant supported the general tuition assistance program that offers annual tuition assistance to all Trinity Lutheran School families that accept the support offer. The purpose is to provide some relief to all school families to cover annual increases in the cost of education. 1 0 Schedule I, Part I, Line 2 Trinity Lutheran Church and School is a related organization so grants awarded are easily monitored to assure that funds are used as intended according to the grant application specified purpose. Regarding grants awarded to non-related organizations, the foundation requires follow up progress reporting by the recipient organization at a time appropriate to the implementation timeline of the specific request. This requirement is clearly stated in the grant application request form. 0 0 0 0 0 0 0 0 0 Reverend Jonathan D Petzold President and Director 0 102287 0 0 0 0 0 0 0 22966 0 125253 0 0 Carole J Arco Treasurer and Director 0 92960 0 0 0 0 0 0 0 20576 0 113536 0 0 Dawn Koenig Former Vice Chairperson and Director 0 39040 0 0 0 0 0 0 0 9574 0 48614 0 0 Peter Croner Assistant Treasurer and Director 0 18224 0 0 0 0 0 0 0 5980 0 24204 0 0 Don Gillingham Vice Chairperson and Director 0 0 0 0 0 0 0 0 0 6855 0 6855 0 0 Form 990, Part VI, Section B, Line 11b Peter Croner (Director and Assistant Treasurer) is responsible for the preparation of all financial reporting, including the annual Form 990 and supporting schedules. He also serves as the liaison to the organization's independent accounting firm, who is available for guidance as needed for accounting and reporting questions. No such guidance was required for the current Form 990 and the outside accounting firm has not reviewed this document. Peter follows due diligence throughout the reporting process to assure accuracy and compliance in all of the organization's financial reporting. The accounting firm for this fiscal year ended June 30, 2023 provided compilation services as the board has elected not to have a full audit completed every year. The compilation report serves as a verification step for the preparation of this Form 990 report. The Board of Directors is provided a full draft copy of the full Form 990 and supporting schedules to review prior to electronically filing the report. Form 990, Part VI, Section B, Line 12c Board members are expected to be familiar with the Conflict of Interest Policy as well as all other board policies. Board members are instructed to advise the Board when a potential conflict of interest arises. If a potential conflict of interest could impact impartiality by a Board member, the individual will be required to recuse themselves from participation in the voting process for the matter in question. Form 990, Part VI, Section C, Line 19 Trinity Roselle Foundation maintains a dedicated website (www.trinityrosellefoundation.com). Information about the Foundation and its activities is available for review on the website. Financial information, Board of Director information, Foundation policies, descriptions of the various funds and how to donate are all available on the website. A note describing how to request a copy of the Form 990 and supporting schedules is included in the financial forms section of the website. Trinity Evangelical Lutheran Congregation UAC 405 Rush Street Roselle IL 60172 362415161 Church and Private School IL 501(c)(3) 501(c)(3) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 Trinity Evangelical Lutheran Congregation UAC b 177072 The above consisted entirely of cash grants to Trinity Evangelical Lutheran Congregation UAC (Trinity Lutheran Church) and Trinity Lutheran School, both of which fall under the same Employer Identification Number (EIN 36-2415161).