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        <FormAndLineReferenceDesc>Part V, Line 4: Intended uses of the endowment fund.</FormAndLineReferenceDesc>
        <ExplanationTxt>The United Way of Franklin County, Inc. complies with financial statement reporting requirements recognizing its right to an asset held by a recipient organization as a beneficial interest. Assets are maintained on behalf of the United Way of Franklin County, Inc. with the Franklin County Community Foundation, Inc. (Foundation). Accounting reporting standards require the not-for-profit to compute the net present value of future cash flows as an asset. Funds with the Foundation are governed by a designated endowment agreement. Under the term of the agreement the United Way of Franklin County, Inc. is specified as the beneficiary of earnings as determined by the Foundation's distribution policy. The Foundation was granted the authority to vary the terms of the agreement. Distributions from the endowment fund are unrestricted.</ExplanationTxt>
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          <CityNm>Batesville</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>47006</ZIPCd>
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        <RecipientEIN>472475394</RecipientEIN>
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        <PurposeOfGrantTxt>Charitable Contribution</PurposeOfGrantTxt>
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          <CityNm>Batesville</CityNm>
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        <ExplanationTxt>The United Way of Franklin County knows what issues and causes are important for the individuals that live here. We are working to make lasting change in the areas of education, financial stability and overall health in Franklin County. Money donated to United Way of Franklin County stays in the community. All organizations that receive funding from us must serve residents of Franklin County.</ExplanationTxt>
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        <ExplanationTxt>United Way of Franklin County, Inc. By-laws state that any person or corporation who contributes more than a specified amount becomes a member of the organization for the year and would be entitled to nominate and vote for a board member. All Board members are independent and do not serve at the discretion of United Way members.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>A draft copy of the 990 was provided to all board members and the finance committee at the board meeting. All board members review the 990 for accuracy and direct any potential discrepancies to the finance committee. The finance committee is responsible for the final review and approval of the 990 prior to signing.</ExplanationTxt>
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</Return>