Wellsboro Community Foundation Inc
- Assets
- $2.4m
- Revenue
- $244.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Wellsboro, PA
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 20-2680321
Organization Overview
Wellsboro Community Foundation Inc, operating under the name Wellsboro Community Foundation, is located in Wellsboro, PA. The organization was established in 2007. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellsboro 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, Wellsboro Community Foundation generated $244.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $187.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Wellsboro Community Foundation has awarded 18 individual grants totaling $710,718. 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
TO ENHANCE THE QUALITY OF LIFE IN THE WELLSBORO SCHOOL DISTRICT THROUGH PHILANTHROPY, CHRITABLE DISTRIBUTIONS, AND SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELLSBORO COMMUNITY FOUNDATION (MAIN): TO PROVIDE FOR THE NURSING PROGRAM AT PENNSYLVANIA COLLEGE OF TECHNOLOGY AND TO THE PARTNERSHIP FOR COMMUNITY HEALTH TO FURTHER LOCAL PROGRAMS
HIS THOUSAND HILLS FUND: TO SUPPORT HIS THOUSAND HILLS, A NON-DENOMINATIONAL CHRISTIAN CAMP AND RETREAT CENTER LOCATED IN THE NORTHERN HILLS OF CENTRAL PENNSYLVANIA, THROUGH GRANT DISTRIBUTIONS
CASEY L. PATRICK SCHOLARSHIP FUND: TO PROVIDE SCHOLARSHIPS TO TIOGA COUNTY STUDENTS TO CONTINUE POST-SECONDARY EDUCATION TO AN INSTITUTION CHOSEN BY THE STUDENT AND TO PROVIDE GRANTS TO PUBLIC CHARITIES IN THE WELLSBORO AREA SCHOOL DISTRICT AND THROUGHOUT THE COUNTY
EXPENSES: 3,542 INCLUDING GRANTS OF: 3,000 REVENUE:5503 DESCRIPTION: JOE H. STEVENS VOCATIONAL SCHOLARSHIP FUND: TO PROVIDE SCHOLARSHIPS TO SUPPPORT POST HIGH SCHOOL STUDENTS IN TECHNICAL AND VOCATIONAL EDUCATION. EXPENSES: 532 INCLUDING GRANTS OF: 0 REVENUE: 5,149 DESCRIPTION: MARY E. WORTHINGTON FOUNDATION: TO PROVIDE SUPPORT FOR COMMUNITY BEAUTIFICATION AND INFRASTRUCTURE. EXPENSES: 10,201 INCLUDING GRANTS OF: 8,000 REVENUE:31,776 DESCRIPTION: OWLETT MEMORIAL SCHOLARSHIP FUND: TO PROVIDE SCHOLARSHIPS TO WELLSBORO AREA SCHOOL DISTRICT GRADUATING SENIORS WHO EXHIBIT HIGH MORAL CHARACTER AND INTEGRITY, HAVE STISFACTORY ACADEMIC ACHIEVEMENT, ILLUSTRATE LEADERSHIP POTENTIAL AND INTEND TO PURSUE A DEGREE IN THE HUMANITIES AT AN ACCREDITED UNITED STATES POST-SECONDARY INSTITUTION OF THEIR CHOICE. EXPENSES: 178 INCLUDING GRANTS OF: 0 REVENUE: 874 DESCRIPTION: WELLSBORO MONTESSORI FUND: TO PROVIDE A SCHOLARSHIP ENDOWMENT FUND FOR STUDENTS ATTENDING MONTESSORI SCHOOL. EXPENSES: 160 INCLUDING GRANTS OF: 0 REVENUE: 0 DESCRIPTION: CAPTIAN JOHN C. MICKEY MEMORIAL SCHOLARSHIP FUND: AWARD SCHOLARSHIP FUNDS TO WELLSBORO GRADUATION SENIOR TO PURSUE NAVAL MILITARY CAREERS. EXPENSES: 6,272 INCLUDING GRANTS OF: 5,000 REVENUE: 13,857 DESCRIPTION: ANNE DONOVAN MEMORIAL SCHOLARSHIP FUND: AWARD SCHOLARSHIP TO A FEMALE ATHLETE AT PARAMUS CATHOLIC HIGH SCHOOL GRADUATING SENIOR TO ATTEND COLLEGE. EXPENSES: 26,361 INCLUDING GRANTS OF: 12,000 REVENUE 45,081 DESCRIPTION: MIONE FAMILY SCHOLARSHIP FUND: AWARD SCHOLARSHIP TO TWO GRADUATING SENIORS FROM NORTHERN TIOGA SCHOOL DISTRICT TO ATTEND COLLEGE OR VOCATIONAL SCHOOLS. EXPENSES: 63,427 INCLUDING GRANTS OF 48,277 REVENUE: 57,309 DESCRIPTION: MIONE FAMILY ANIMAL CARE FUND: TO PROVIDE FOR ANIMAL CARE IN TIOGA COUNTY, PA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Abplanalp Secretary | OfficerTrustee | 1 | $0 |
Susan Graver Treasurer | OfficerTrustee | 1 | $0 |
Matthew Rendos Vice Preside | OfficerTrustee | 1 | $0 |
Glenn Poirier President | OfficerTrustee | 1 | $0 |
Marsha Chesko Director | Trustee | 1 | $0 |
Brian Kennedy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,367 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,367 |
| Total Program Service Revenue | $0 |
| Investment income | $87,874 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $76,800 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $244,041 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $107,957 |
| Grants and other assistance to domestic individuals. | $43,953 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,148 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,006 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $70 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $187,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,007 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,371,160 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,413,167 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,413,167 |
| Total liabilities and net assets/fund balances | $2,413,167 |
Grants Awarded
Over the last fiscal year, Wellsboro Community Foundation Inc has awarded $107,957 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WELLSBORO PARKS & REC PURPOSE: PLAYGROUND | $53,440 |
Tioga, PA PURPOSE: FOR PROGRAM EXPENSES | $48,277 |
MANSFIELD UNIVERSITY PURPOSE: NURSING | $6,240 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wellsboro Community Foundation Inc has recieved totaling $285,295.
| Awarding Organization | Amount |
|---|---|
Laurel Health Foundation Wellsboro, PA | | $285,295 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Foundation Pittsburgh, PA | $1,354,368,497 | $110,535,351 |
Philadelphia Foundation Philadelphia, PA | $669,216,014 | $72,684,648 |
Community Foundation For Greater Buffalo Inc Buffalo, NY | $874,380,305 | $143,802,626 |
Dayton Foundation Dayton, OH | $614,105,736 | $82,530,515 |
Jewish Community Foundation Of Greater Metrowest Nj Whippany, NJ | $441,552,124 | $46,022,571 |
Federation Of Jewish Communities Of The C I S Inc New York, NY | $45,162,356 | $39,631,208 |
Rochester Area Community Foundation Rochester, NY | $452,673,006 | $59,557,190 |
Delaware Community Foundation Wilmington, DE | $375,445,649 | $92,895,086 |
Baltimore Community Foundation Inc Baltimore, MD | $302,066,491 | $73,158,770 |
Catholic Charities Of Buffalo Buffalo, NY | $41,576,335 | $33,263,179 |
Akron Community Foundation Akron, OH | $274,088,705 | $39,277,326 |
New World Foundation New York, NY | $131,879,332 | $14,635,341 |