Selinsgrove Area Community Foundation
- Assets
- $1.1m
- Revenue
- $228.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Berwick, PA
- Founding
- Data as of
- 12/2016
- EIN
- 23-2775624
Organization Overview
Selinsgrove Area Community Foundation is located in Berwick, PA. Selinsgrove Area 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 12/2016, Selinsgrove Area Community Foundation generated $228.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $113.2k during the year ending 12/2016. While expenses have increased by 0.1% per year over the past 2 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE SELINSGROVE AREA COMMUNITY FOUNDATION IS DEDICATED TO THE ENRICHMENT OF THE QUALITY OF LIFE IN THE SELINSGROVE AREA AND SURROUNDING COMMUNITIES THROUGH SUPERIOR STEWARDSHIP OF ENDURING CHARITABLE GIFTS. IT EXISTS TO ASSIST AND ENCOURAGE DONORS OF ALL LEVELS TO ACHIEVE THEIR DIVERSE PHILANTHROPIC INTERESTS WHILE PROVIDING A LEGACY THAT WILL SERVE THE COMMUNITIES FOR PRESENT AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SELINSGROVE AREA COMMUNITY FOUNDATION (SACF) HAS BEEN GIVING GRANTS AND SCHOLARSHIPS TO BENEFIT SNYDER COUNTY'S RESIDENTS FOR OVER 20 YEARS. IT BEGAN IN 1994 AS A COMMUNITY ENDOWMENT BY THE SELINSGROVE ROTARY CLUB TO ESTABLISH SCHOLARSHIPS FOR LOCAL STUDENTS. IT HAS SINCE BECOME A WIDE-REACHING SOURCE OF FUNDS FOR SELINSGROVE AND THE SURROUNDING COMMUNITIES. SACF IS GOVERNED BY AN 12-MEMBER VOLUNTEER BOARD. IN JUNE 2006, THE SELINSGROVE AREA COMMUNITY FOUNDATION, THEN SELINSGROVE AREA YOUTH FOUNDATION, JOINED CENTRAL SUSQUEHANNA COMMUNITY FOUNDATION (CSCF) AS AN AFFILIATE. CSCF PROVIDES INVESTMENT, ADMINISTRATIVE, AND PROGRAM SUPPORT FOR SACF, WHICH DEPENDS SOLELY ON ITS VOLUNTEERS AND HAS NO STAFF OR ADMINISTRATIVE STRUCTURE. SACF MAINTAINS ITS INCORPORATION AND CONTROL OF ITS GRANTMAKING DECISIONS. IN 2016, THE COMMUNITY FOUNDATION AWARDED SCHOLARSHIPS TO HIGH SCHOOL SENIORS AND GRANTS TO LOCAL NON-PROFIT ORGANIZATIONS FROM ITS OWN ENDOWED FUNDS. FUNDS WERE ALSO RAISED THROUGH THE FOUNDATION'S GOLF TOURNAMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather H Rowe President | OfficerTrustee | 2.5 | $0 |
Michael F Flock Vice President | OfficerTrustee | 0.5 | $0 |
Marvin J Rudnitsky Secretary | OfficerTrustee | 0.6 | $0 |
John L Stokinger Treasurer | OfficerTrustee | 1.5 | $0 |
Chad L Cohrs Director | Trustee | 0.3 | $0 |
Carol L Handlan Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $44,825 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,065 |
| Total Program Service Revenue | $0 |
| Investment income | $130,880 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,380 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $228,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $36,850 |
| Grants and other assistance to domestic individuals. | $20,000 |
| 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 | $16,034 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,001 |
| Fees for services: Other | $150 |
| Advertising and promotion | $100 |
| Office expenses | $0 |
| 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 | $1,448 |
| All other expenses | $0 |
| Total functional expenses | $113,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,098,799 |
| Total assets | $1,098,799 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $32,201 |
| 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 | $32,201 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $1,066,598 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,066,598 |
Grants Awarded
Over the last fiscal year, Selinsgrove Area Community Foundation has awarded $31,290 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MIDDLECREEK AREA COMMUNITY CENTER PURPOSE: ORGANIZATION SUPPORT | $24,000 |
SNYDER COUNTY COALITION FOR KIDS INC PURPOSE: THE REGIONAL ENGAGEMENT CENTER (REC) OF EASTERN SNYDER COUNTY | $7,290 |