Community Foundation Of Warren County
- Assets
- $100.5m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Warren, PA
- Founding
- 01/2006
- Data as of
- 12/2023
- EIN
- 25-1380549
Organization Overview
Community Foundation Of Warren County is located in Warren, PA. The organization was established in 2006. 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, Community Foundation Of Warren County employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Warren County 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 12/2023, Community Foundation Of Warren County generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Community Foundation Of Warren County has awarded 526 individual grants totaling $20,847,540. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP THROUGH PHILANTHROPY BY DILIGENTLY SERVING THE INTERESTS OF OUR TRUST BENEFICIARIES, RESPONDING TO THE EXISTING NEEDS OF THE COMMUNITY, AND PROVIDING DONORS THE OPPORTUNITY TO MAKE A MEANINGFUL AND BENEFICIAL IMPACT ON THE FUTURE OF WARREN COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ADMINISTERS MANY DIFFERENT SCHOLARSHIPS. A DONOR MAY DEFINE AN ADVISORY COMMITTEE AND GUIDELINES FOR CANDIDATE SELECTION, AND THERE IS ALSO A STANDING SCHOLARSHIP COMMITTEE FOR THIS PURPOSE. SCHOLARSHIPS CAN BENEFIT A PARTICULAR EDUCATIONAL INSTITUTION, A FIELD OF STUDY, OR BE LEFT TO THE DISCRETION OF THE COMMITTEE.
DONORS CHOOSE SPECIFIC CHARITABLE ORGANIZATIONS OR ACTIVITIES FOR GRANTS THROUGH LEGACIES AND BEQUESTS. DONORS MAY ALSO CHOOSE THAT THE FOUNDATION DECIDES WHICH ORGANIZATION WILL BENEFIT FROM THEIR CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy A Huber Chairman | OfficerTrustee | 1 | $0 |
John O Hanna Director | Trustee | 1 | $0 |
Bernard J Hessley ESQ Director | Trustee | 1 | $0 |
Steven A Rothenberg Director | Trustee | 1 | $0 |
Vicki L Stec Director | Trustee | 1 | $0 |
Michael Delprince 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 | $1,320,175 |
| Noncash contributions included in lines 1a–1f | $60,086 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,320,175 |
| Total Program Service Revenue | $0 |
| Investment income | $2,134,347 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $747,984 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,202,506 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,801,691 |
| Grants and other assistance to domestic individuals. | $1,079,769 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,135 |
| Compensation of current officers, directors, key employees. | $58,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,930 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $439,350 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $30,524 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,805 |
| 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 | $6,903 |
| All other expenses | $0 |
| Total functional expenses | $4,530,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $703,824 |
| Savings and temporary cash investments | $4,174,780 |
| 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 | $93,857,298 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,725,855 |
| Total assets | $100,461,757 |
| Accounts payable and accrued expenses | $2,689 |
| 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 | $2,939,294 |
| Total liabilities | $2,941,983 |
| Net assets without donor restrictions | $95,793,919 |
| Net assets with donor restrictions | $1,725,855 |
| 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 | $100,461,757 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Warren County has awarded $2,624,115 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
A SAFE PLACE PURPOSE: Recipient of a Foundation grant and donor advised grants. | $22,597 |
AMERICAN RED CROSS - WARREN CHAPTER PURPOSE: Designated Charity and recipient of donor advised grant. | $8,219 |
ALLEGHENY VALLEY VETERANS CENTER PURPOSE: Designated charity, recipient of a donor advised fund and Warren Gives matching funds. | $39,407 |
BOLLINGER ENTERPRISES INC WARREN CAMPUS PURPOSE: Designated charity, recipient of a donor advised grant and Warren Gives matching funds. | $14,354 |
BOY SCOUTS OF AMERICA CHIEF CORNPLANTER COUNCIL PURPOSE: Designated charity, recipient of a donor advised grant and Warren Gives matching funds. | $63,016 |
CITY OF WARREN PURPOSE: Designated for the Bicentennial Bells Tower | $37,260 |