Trilogy Community Foundation Inc
- Assets
- $1.4m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 20-5755082
Organization Overview
Trilogy Community Foundation Inc is located in Louisville, KY. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trilogy Community Foundation Inc 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, Trilogy Community Foundation Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 7.1% 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 2019, Trilogy Community Foundation Inc has awarded 14 individual grants totaling $328,778. 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
THE TRILOGY COMMUNITY FOUNDATION WAS FORMED TO PROVIDE EMERGENCY ASSISTANCE, EDUCATIONAL SCHOLARSHIPS, AND COMMUNITY SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC CHARITIES: ON AN ANNUAL BASIS, TRILOGY COMMUNITY FOUNDATION RAISES FUNDS FOR A VARIETY OF ORGANIZATIONS. THE GOAL IS TO GIVE BACK TO THE LOCAL COMMUNITIES IN WHICH TRILOGY HEALTH FACILITIES ARE LOCATED.IN 2021, THE TRILOGY COMMUNITY FOUNDATION DONATED 514,103 POUNDS OF FOOD WORTH $128,526 TO NEARLY 119 FOOD BANKS.
EMPLOYEE SCHOLARSHIPS: THE PURPOSE OF THIS PROGRAM IS TO EMPOWER TRILOGY HEALTH EMPLOYEES TO EXPAND THEIR EDUCATION THEREBY ACHIEVING HIGHER LEVELS OF PERSONAL FULFILLMENT AND INCREASED JOB SATISFACTION. THE FUNDS MAY BE USED TO COVER THE COST OF TUITION, BOOKS, LAB AND INCIDENTAL COSTS.THE COMPANY GAVE 2,241 AWARDS THAT WERE USED FOR EMPLOYEE SCHOLARSHIPS, DEPENDENT SCHOLARSHIPS, AND STUDENT LOAN REPAYMENTS.
EMERGENCY ASSISTANCE: DUE TO THE NATURAL DISASTERS AND PERSONAL TRAGEDIES, THE FOUNDATION OFFERS ASSISTANCE TO TRILOGY HEALTH EMPLOYEES DURING TIMES OF CRISIS. FINANCIAL RESOURCES ARE PROVIDED TO HELP OFFSET EXPENSES SUCH AS TEMPORARY HOUSING, FOOD, CLOTHING AND TRANSPORTATION. THE COMPANY AWARDED 1,127 EMERGENCY ASSISTANCE GRANTS THAT WERE USED FOR MEDICAL CRISIS, PROPERTY LOSSES AND OTHER UNEXPECTED FINANCIAL NEEDS, INCLUDING 63 INDIVIDUALS ESCAPING DOMESTIC VIOLENCE SITUATIONS.
THE FOUNDATION BEGAN A DOWN PAYMENT ASSISTANCE PROGRAM DURING 2019. THE DOWN PAYMENT ASSISTANCE PROGRAM IS AVAILABLE TO FIRST TIME HOME BUYERS TO HELP THEM PURCHASE A HOUSE. THE COMPANY AWARDED DOWN PAYMENT ASSISTANCE FOR 20 PEOPLE FOR $34,500 IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Stuber 721-1221 Non Voting - Foundation Manager | Officer | 10 | $0 |
Todd Schmiedeler End 71221 Non Voting - Foundation Manager | Officer | 10 | $0 |
Michael Kitchen Chairman Of The Board | Trustee | 1 | $0 |
Shari House Vice Chairman | Trustee | 1 | $0 |
Paulie Shively Director | Trustee | 1 | $0 |
Telly Sellars Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $294,493 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,769,076 |
| Noncash contributions included in lines 1a–1f | $31,751 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,063,569 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,895 |
| Net Gain/Loss on Asset Sales | $4,168 |
| Net Income from Fundraising Events | -$158,754 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,928,388 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $325,763 |
| Grants and other assistance to domestic individuals. | $1,898,773 |
| 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 | $311,715 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $191,454 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,067 |
| 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 | $1,167 |
| Insurance | $0 |
| All other expenses | $225,136 |
| Total functional expenses | $2,959,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $648,527 |
| Savings and temporary cash investments | $428,548 |
| 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 | $127,178 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $201,859 |
| Total assets | $1,406,112 |
| Accounts payable and accrued expenses | $156,974 |
| 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 | $156,974 |
| Net assets without donor restrictions | $1,036,121 |
| Net assets with donor restrictions | $213,017 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,406,112 |
Grants Awarded
Over the last fiscal year, Trilogy Community Foundation Inc has awarded $181,669 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: FINANCIAL SUPPORT | $114,779 |
Louisville, KY PURPOSE: FINANCIAL SUPPORT | $34,500 |
Louisville, KY PURPOSE: FINANCIAL SUPPORT | $13,159 |
Louisville, KY PURPOSE: FINANCIAL SUPPORT | $10,000 |
FUNDS FOR THE ARTS PURPOSE: FINANCIAL SUPPORT | $9,231 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Trilogy Community Foundation Inc has recieved totaling $975.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $775 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Knowledgeworks Foundation Cincinnati, OH | $34,010,195 | $7,717,304 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |