Community Foundations Inc

Organization Overview

Community Foundations Inc is located in Columbus, OH. The organization was established in 1987. 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. Community Foundations 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 12/2020, Community Foundations Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $5.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Community Foundations Inc has awarded 1,452 individual grants totaling $26,446,050. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THIS FOUNDATION ASSISTS OTHERS IN IMPROVING THE COMMUNITY FOR THE BENEFIT OF ALL ITS CITIZENS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVANCING PHILANTHROPY


EDUCATION


URBAN AFFAIRS


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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$1,925,601
Noncash contributions included in lines 1a–1f $136,886
Total Revenue from Contributions, Gifts, Grants & Similar$1,925,601
Total Program Service Revenue$0
Investment income $1,343,059
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,769,097
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,037,757

Grants Awarded

Over the last fiscal year, Community Foundations Inc has awarded $5,762,706 in support to 111 organizations.

Grant RecipientAmount

PICKAWAY COUNTY COMMUNITY FOUNDATION

Org PageRecipient Profile

Circleville, OH

PURPOSE: ADVANCING PHILANTHROPY

$3,001,055

TANDANA FOUNDATION INC

Org PageRecipient Profile

Spring Valley, OH

PURPOSE: URBAN AFFAIRS

$415,000

MENNONITE FOUNDATION INC

Org PageRecipient Profile

Goshen, IN

PURPOSE: RELIGION

$225,000

OHIO UNIVERSITY

PURPOSE: EDUCATION

$163,950

COMMUNITY ACTION COMMISSION OF BELMONT

Org PageRecipient Profile

St Clairsville, OH

PURPOSE: URBAN AFFAIRS

$120,000

JUNIOR ACHIEVEMENT OF CENTRAL OHIO

Org PageRecipient Profile

Columbus, OH

PURPOSE: EDUCATION

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Community Foundations Inc has recieved totaling $997,032.

Awarding OrganizationAmount
Columbus Foundation

Columbus, OH

PURPOSE: ADVANCING PHILANTHROPY

$709,129
Teays Valley Educational Foundation

Ashville, OH

PURPOSE: CREATE ENDOWMENT FDS

$287,903
View Grant Recipient Profile

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