Organizations Filed Purposes:
The purpose of this Corporation is to operate an investment pool for 501(c)(3) organizations, all of which engage in various aspects of Bible Translation and language development in minority languages.
Operate an investment pool for supported 501(c((3) organizations.
The Corporation operates two portfolios for the benefit of the participating organizations. The first is a short-term portfolio that invests funds in investment grade corporate bonds, government bonds, mortgage backed bonds and similar investment instruments. After paying expenses, this portfolio pays a fixed interest rate monthly to each supported organization based on the amount each deposited in this portfolio. The interest rate is established by the board of directors. The second is a long-term portfolio that invests funds in stock and alternative investment mutual funds with an objective of maximizing total return from capital appreciation and dividend income. Gains, losses, and expenses of operating the portfolio are allocated to each organization's account based on the amounts invested in the portfolio.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Jim Owens | Director | 0.25 | $0 |
| Paul Brown | Director, until 1/31/20 | 0.25 | $0 |
| Robert Laver | Director, until 5/31/20 | 0.25 | $0 |
| Gary Nagel | Board Vice Chair | 0.25 | $0 |
| Jonathan Godbey | Board Chair | 0.25 | $0 |
| Jose Zuniga | Director | 0.25 | $0 |
| Donald Buhler | Board Secretary/Treasurer | 0.5 | $0 |
| Matt Dawson | Director | 0.25 | $0 |
| Dan Butler | Director | 0.25 | $0 |
| John Krehely | President | 0.5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202043539349300324_public.xml