2024-11-15T07:32:12-06:00 2023-12-31 363168081 SIKICH LLC 4020 KINROSS LAKES PARKWAY SUITE 300 RICHFIELD OH 44286 990 2023-01-01 311548536 STAN HYWET HALL AND GARDENS FOUNDATION STAN 3308365533 714 NORTH PORTAGE PATH AKRON OH 443031399 JENNIFER HIGHFIELD PRESIDENT & EXECUTIVE DIRECTOR 3308365533 2024-11-13 1 0 JILL M BOYLE CPA P01246734 3308646661 2024-11-13 2023 2024-10-15 13:58:12Z JENNIFER HIGHFIELD 714 NORTH PORTAGE PATH AKRON OH 443031399 4975768 0 X WWW.STANHYWET.ORG X 1997 OH SUPPORTING ORGANIZATION FOR THE BENEFIT OF STAN HYWET HALL & GARDENS, INC. 6 6 0 8 0 0 0 0 0 0 1146394 904779 0 0 1146394 904779 1141652 1136262 0 0 0 0 0 0 0 84924 66502 1226576 1202764 -80182 -297985 21845355 23626696 731312 967573 21114043 22659123 THE FOUNDATION IS ORGANIZED TO RAISE SIGNIFICANT RESOURCES AND ENSURE THE LONG TERM STABILITY AND PROGRAMMATIC GROWTH OF STAN HYWET HALL & GARDENS, INC. 0 0 1136262 1136262 STAN HYWET HALL AND GARDENS FOUNDATION IS AN OHIO NONPROFIT CORPORATION OPERATING TO SUPPORT STAN HYWET HALL & GARDENS, INC., A NONPROFIT CORPORATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION EXISTS TO RAISE RESOURCES TO ENSURE THE LONG-TERM STABILITY OF PROGRAMMATIC GROWTH OF THE SUPPORTED ORGANIZATION AND ITS ENDOWMENT. 1136262 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X X JENNIFER HIGHFIELD 3308365533 714 NORTH PORTAGE PATH AKRON OH 443031399 JENNIFER HIGHFIELD PRESIDENT & EXEC DIRECTOR 5.00 40.00 X 0 177323 27578 JILL NEWMAN CONTROLLER 5.00 40.00 X 0 95993 19348 STEVE STRAYER DIRECTOR 1.00 2.00 X 0 0 0 ALANE BOFFA CHAIRMAN 2.00 2.00 X X 0 0 0 JAMES PICKARD TREASURER 2.00 2.00 X X 0 0 0 JOHN SUSANY EX-OFFICER 1.00 2.00 X 0 0 0 MARK WERNIG VICE CHAIRMAN 1.00 2.00 X X 0 0 0 BETH KARTARIUS DIRECTOR 1.00 2.00 X X 0 0 0 0 273316 46926 0 0 1 0 0 648572 648572 4327196 4070989 256207 256207 256207 904779 0 0 904779 1136262 1136262 66502 66502 1202764 1136262 66502 0 632472 828965 56251 56250 494014 494014 8161 8172 19733748 21309822 906708 915472 14001 14001 21845355 23626696 728590 964851 2722 2722 731312 967573 X 13371166 13965033 7742877 8694090 21114043 22659123 21845355 23626696 -297985 1843065 0 X X 0 1 X 1 0 X X 1 STAN HYWET HALL & GARDENS INC 340819149 7 1 1136262 0 1 1136262 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 24530949 2803313 1136262 26198000 29928073 -4260403 1136721 24530949 28238236 668 2847409 1158240 29928073 26544439 1596 2976001 1283800 28238236 23459500 4426581 1341642 26544439 0.54661 0.45339 0.00000 0 1 1 0 LT PORTION OF CHARITABLE ANNUITY PAYMENT 2722 2722 X 2681342 1843065 1843065 838277 66502 66502 904779 1136262 0 1136262 66502 66502 1202764 PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO BE USED TO AID THE PRESERVATION, RESTORATION AND INTERPRETATION OF THE F. A. SEIBERLING FAMILY LEGACY. PART X, LINE 2: INCOME TAXES - STAN HYWET AND THE FOUNDATION ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) EXCEPT FOR NET REVENUES GENERATED BY THE OIL AND GAS OPERATIONS AND CATERING SERVICES, WHICH ARE SUBJECT TO INCOME TAX UNDER SECTION 511(A) OF THE IRC. ARRC IS A C CORPORATION FOR FEDERAL AND STATE INCOME TAX REPORTING PURPOSES. STAN HYWET AND THE FOUNDATION ARE NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE PROVISION FOR INCOME TAXES IS BASED UPON INCOME OR LOSS BEFORE TAX FOR ARRC FOR FINANCIAL REPORTING PURPOSES. DEFERRED TAX ASSETS OR LIABILITIES ARE RECOGNIZED FOR THE EXPECTED FUTURE TAX CONSEQUENCES OF TEMPORARY DIFFERENCES BETWEEN THE TAX BASIS OF ASSETS AND LIABILITIES AND THEIR CARRYING VALUES FOR FINANCIAL REPORTING PURPOSES. DEFERRED TAX ASSETS ARE ALSO RECORDED FOR OPERATING LOSS AND TAX CREDIT CARRYFORWARDS. DEFERRED TAX ASSETS AND LIABILITIES ARE MEASURED USING ENACTED TAX RATES EXPECTED TO APPLY TO TAXABLE INCOME IN THE YEARS IN WHICH THOSE DIFFERENCES ARE EXPECTED TO BE RECOVERED OR SETTLED. THE EFFECT ON DEFERRED TAX ASSETS AND LIABILITIES OF A CHANGE IN TAX RATES IS RECOGNIZED IN INCOME IN THE PERIOD THAT INCLUDES THE ENACTMENT DATE. IN ADDITION, A VALUATION ALLOWANCE IS RECORDED TO REDUCE THE CARRYING AMOUNT OF DEFERRED TAX ASSETS IF IT IS MORE LIKELY THAN NOT THAT ALL OR A PORTION OF THE ASSET WILL NOT BE REALIZED. 1 STAN HYWET HALL & GARDENS INC 714 NORTH PORTAGE PATH AKRON OH 44303 340819149 501(C)(3) 1136262 0 TO SUPPORT STAN HYWET HALL & GARDENS, INC. 1 PART I, LINE 2: THE ANNUAL DISTRIBUTION FROM THE FOUNDATION TO STAN HYWET HALL & GARDENS, INC. IS CALCULATED BY THE FOUNDATION BOARD IN JANUARY BASED ON A THREE YEAR WEIGHTED AVERAGE OF THE FUND BALANCE. THE DISTRIBUTION IS THEN APPROVED BY THE FOUNDATION BOARD. THE DISTRIBUTION IS UNRESTRICTED. THE DISTRIBUTION IS PART OF THE STAN HYWET HALL & GARDENS, INC. OPERATING BUDGET THAT IS APPROVED BY THE BOARD. THE FINANCE COMMITTEE OF STAN HYWET HALL & GARDENS, INC. REVIEWS THE OPERATING RESULTS ON A BIMONTHLY BASIS. 0 0 0 0 0 0 0 0 0 JENNIFER HIGHFIELD PRESIDENT & EXEC DIRECTOR 0 160823 0 16500 0 0 0 0 0 27578 0 204901 0 0 SCHEDULE J, PART I, LINE 3 ALL COMPENSATION IS FROM RELATED ENTITY. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ON AN ANNUAL BASIS AND IS BASED ON PERFORMANCE CRITERIA SET BY THE RELATED ENTITY BOARD PRESIDENT. THIS EVALUATION IS REVIEWED WITH THE EXECUTIVE COMMITTEE AND THE DECISIONS REGARDING COMPENSATION ARE DISCUSSED AND IMPLEMENTED. FORM 990, PART VI, SECTION B, LINE 11B STAN HYWET HALL AND GARDENS FOUNDATION BOARD CHAIR RECEIVES A COPY OF THE FORM 990 TO REVIEW BEFORE THE FORM IS FILED. THE FORM 990 IS REVIEWED BY THE CONTROLLER AND THEN PRESENTED TO THE BOARD OF DIRECTORS TO REVIEW FOR COMPLETENESS AND ACCURACY. ANY CHANGES FROM THE PRIOR YEAR RETURN ARE DISCUSSED AMONG THE GOVERNING BODY AND ANY NECESSARY CHANGES ARE MADE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT, ALONG WITH THE BOARD CHAIR, ADDRESS SPECIFIC ISSUES AS NEEDED PER ANY DISCLOSURES MADE ON THE ANNUAL CONFLICT OF INTEREST AGREEMENTS. IF ANY CONFLICTS ARISE THROUGHOUT THE YEAR, THEY ARE TO BE REPORTED TO THE BOARD. SERVICES FOR THE FOUNDATION, IF CHANGED, WOULD BE COMPETITIVELY BID WITH MULTIPLE PROVIDERS. IF A POSSIBLE CONFLICT WOULD ARISE WITHIN THE PROCESS, IT WOULD BE DISCLOSED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 STAN HYWET HALL AND GARDENS FOUNDATION DOES NOT HAVE PAID EMPLOYEES. ALL EMPLOYEES ARE PAID THROUGH A RELATED ENTITY, STAN HYWET HALL & GARDENS, INC. THE INDEPENDENT COMMITTEE RESPONSIBLE FOR DETERMINING COMPENSATION IS SET UP THROUGH STAN HYWET HALL & GARDENS, INC. FORM 990, PART VI, SECTION C, LINE 19 STAN HYWET HALL & GARDENS, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION'S ANNUAL REPORT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE PART XII, LINE 2C THE FINANCE COMMITTEE OF STAN HYWET HALL AND GARDENS, INC. HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW OF THE FINANCIAL STATEMENTS, AND SELECTION OF THE INDEPENDENT AUDITOR. THERE WERE NO CHANGES TO THIS PROCESS IN THE TAX YEAR. STAN HYWET HALL & GARDENS INC 714 NORTH PORTAGE PATH AKRON OH 44303 340819149 PROVIDES HISTORIC PRESERVATION AND EDUCATION OF STAN HYWET HALL & GARDENS. OH 501(C)(3) LINE 7 N/A 0 ARCHITECTURAL RESTORATION & RENOVATION 714 NORTH PORTAGE PATH AKRON OH 44303 510457861 CONSTRUCTION, RESTORATION AND RENOVATION OH N/A C 50307 284927 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 STAN HYWET HALL & GARDENS INC B 1136262 CASH STAN HYWET HALL & GARDENS INC D 56250 CASH STAN HYWET HALL & GARDENS INC E 964851 CASH