Lancaster County Community Foundation
- Assets
- $177.5m
- Revenue
- $104.7m
- Investments
- $14.5m
- Employees
- 15
- Location
- Lancaster, PA
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 20-0874857
Organization Overview
Lancaster County Community Foundation is located in Lancaster, PA. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Lancaster County Community Foundation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster County Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lancaster County Community Foundation generated $104.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $21.6m during the year ending 12/2021. While expenses have increased by 11.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lancaster County Community Foundation has awarded 3,419 individual grants totaling $120,994,387. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE EMBOLDEN EXTRAORDINARY COMMUNITY BY INVESTING IN PEOPLE AND IDEAS THAT WILL SHAPE THE FUTURE OF LANCASTER COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LANCASTER COUNTY COMMUNITY FOUNDATION SERVED LANCASTER COUNTY RESIDENTS IN 2023 BY PROVIDING FUNDS FOR COMMUNITY BENEFIT ORGANIZATIONS (NOT-FOR-PROFITS) AND PROGRAMS THROUGH ITS "EXTRAGIVE" PROGRAM, ITS "BUILDING BRIDGES AND "BUILDING EQUITY" IMPACT STRATEGY, AND ITS OVERALL "GRANTMAKING" PROGRAM. THE COMMUNITY FOUNDATION AWARDED A TOTAL OF $12.0 MILLION IN TOTAL GRANT DOLLARS TO COMMUNITY BENEFIT ORGANIZATIONS IN 2023.APPROXIMATELY 65.8% OF TOTAL GRANT DOLLARS, OR $7.9 MILLION, WERE INVESTED IN THE COMMUNITY THROUGH THE "EXTRAGIVE," A ONE DAY ONLINE GIVING CAMPAIGN AIMED AT BOOSTING PHILANTHROPIC GIVING IN LANCASTER COUNTY. THE PROGRAM INCLUDED COMMUNITY DONATIONS OF $7.4 MILLION WITH A STRETCH POOL AND PRIZES OF OVER $520,000 FROM THE COMMUNITY FOUNDATION AND SPONSORS. OVER 400 COMMUNITY BENEFIT ORGANIZATIONS RECEIVED GRANT FUNDING AS A RESULT OF THIS PROGRAM.APPROXIMATELY 5.1%, OR $614,000, OF TOTAL GRANT DOLLARS (74 GRANTS), ENHANCED BY ADDITIONAL EXPENDITURES IN NON-GRANT ALLOCATIONS AND EXPENSES OF $102,295, WERE INVESTED IN THE COMMUNITY VIA THE "BUILDING BRIDGES AND "BUILDING EQUITY" IMPACT STRATEGY. THIS IMPACT STRATEGY SEEKS TO ENHANCE EQUITY AND INSPIRE CONNECTION WITHIN OUR COMMUNITY.APPROXIMATELY 29.1% OR $3.5 MILLION OF TOTAL GRANT DOLLARS WERE INVESTED THROUGH ITS GRANTMAKING PROGRAM TO COMMUNITY BENEFIT ORGANIZATIONS IN THE FORM OF OVER 460 GRANTS. SUCH GRANTS WERE DERIVED FROM DONOR ADVISED FUNDS, SCHOLARSHIP FUNDS, FIELD OF INTEREST FUNDS, AND DESIGNATED FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Alison Van Harskamp Chair | OfficerTrustee | 1.8 | $0 |
Ms Lydia Henry Vice Chair | OfficerTrustee | 0.9 | $0 |
Ms Theresa Mongiovi Secretary | OfficerTrustee | 0.9 | $0 |
Mr Steve Nieli Treasurer (start 1/1/23) | OfficerTrustee | 0.9 | $0 |
Ms Melisa Baez Board Member | Trustee | 0.9 | $0 |
Mr Rob Barber Board Member (start 1/1/23) | Trustee | 0.9 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sageworth Investment Management Services | 12/30/23 | $305,264 |
Pnc Bank Na Investment Management Services | 12/30/23 | $105,901 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,916,288 |
| Investment income | $2,259,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $41,789 |
| Net Gain/Loss on Asset Sales | $12,459,484 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $104,729,352 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $52,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $376,192 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $825,087 |
| Pension plan accruals and contributions | $32,767 |
| Other employee benefits | $168,700 |
| Payroll taxes | $83,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,666 |
| Fees for services: Accounting | $37,911 |
| Fees for services: Lobbying | $2,700 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $402,208 |
| Fees for services: Other | $79,780 |
| Advertising and promotion | $75,864 |
| Office expenses | $51,128 |
| Information technology | $86,928 |
| Royalties | $0 |
| Occupancy | $88,929 |
| Travel | $4,107 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $94,372 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,844 |
| Insurance | $22,054 |
| All other expenses | $0 |
| Total functional expenses | $21,613,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,731,419 |
| Pledges and grants receivable | $347,772 |
| Accounts receivable, net | $74,940 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,594,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $85,906 |
| Investments—publicly traded securities | $142,943,737 |
| Investments—other securities | $14,526,056 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,104,757 |
| Total assets | $177,498,708 |
| Accounts payable and accrued expenses | $84,107 |
| Grants payable | $14,978,561 |
| Deferred revenue | $10,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,577,551 |
| Total liabilities | $23,650,219 |
| Net assets without donor restrictions | $153,567,232 |
| Net assets with donor restrictions | $281,257 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $153,848,489 |
Grants Awarded
Over the last fiscal year, Lancaster County Community Foundation has awarded $11,628,030 in support to 364 organizations.
| Grant Recipient | Amount |
|---|---|
2ND CHANCE 4 LIFE RESCUE PURPOSE: GENERAL OPERATING SUPPORT | $25,214 |
521 CLUB INC PURPOSE: GENERAL OPERATING SUPPORT | $14,696 |
A WEEK AWAY FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $9,181 |
A WOMAN'S CONCERN INC PURPOSE: DONOR RECOMMENDED GRANT FROM DONOR ADVISED FUND FOR GENERAL OPERATING SUPPORT | $6,000 |
AARON'S ACRES PURPOSE: GENERAL OPERATING SUPPORT | $79,369 |
A TAIL TO TELL INC PURPOSE: GENERAL OPERATING SUPPORT | $19,422 |