Financial Reports

2014 Audit Report

2014 Form 990

The latest audit report and Form 990 are available for review in the Foundation office, 421 N. Northwest Highway, Suite 201, Barrington, IL 60010. The Form 990-T, were it required to be filed, would also be available at www.GuideStar.org and in the office.

Disclosure Information


As of the audited report of December 31, 2012, the Barrington Area Community Foundation had net assets of $3.6 million, over 20 times the total expenses of $158 thousand in the fiscal year.

As an IRS approved foundation that grants 5% of net assets averaged over the trailing 20 quarters, net assets will normally be 15 to 20 times the amount granted plus expenses. Any other outcome would not protect the corpus, according to long-term research and practice in the field.
Annual audited reports are posted each year by September 1.

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