Foundation For Appalachian Ohio
- Assets
- $105.5m
- Revenue
- $29.0m
- Investments
- $0.0
- Employees
- 24
- Location
- Nelsonville, OH
- Founding
- 02/1999
- Data as of
- 12/2023
- EIN
- 31-1620483
Organization Overview
Foundation For Appalachian Ohio is located in Nelsonville, OH. The organization was established in 1999. 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, Foundation For Appalachian Ohio employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Appalachian Ohio 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, Foundation For Appalachian Ohio generated $29.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $13.8m during the year ending 12/2023. While expenses have increased by 19.6% per year over the past 9 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 2014, Foundation For Appalachian Ohio has awarded 521 individual grants totaling $11,708,956. 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
FAO IS A REGIONAL COMMUNITY FOUNDATION SERVING THE 32 COUNTIES OF APPALACHIAN OHIO WITH A MISSION TO CREATE OPPORTUNITIES FOR APPALACHIAN OHIO'S CITIZENS AND COMMUNITIES BY INSPIRING AND SUPPORTING PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN A REGION WHERE THERE ARE FAR FEWER PHILANTHROPIC RESOURCES AVAILABLE THAN IN THE REST OF THE STATE, FAO HAS PARTNERED WITH COMMUNITIES TO HELP THEM BUILD LOCALLY-FOCUSED ENDOWMENT AND RESOURCES TO REINVEST IN THEIR COMMUNITIES. LED BY LOCAL ON THE GROUND VOLUNTEERS, THESE COMMUNITY FUNDS ARE CREATING GRANTMAKING DOLLARS WHERE THEY HAVEN'T EXISTED BEFORE AND ARE CREATING NEW PATHS FOR CURRENT AND FORMER RESIDENTS TO GIVE BACK. WITH FAO'S SUPPORT AND PARTNERSHIP, THESE FUNDS HAVE DEVELOPED AND IMPLEMENTED OUTREACH STRATEGIES, HAVE BEEN FUNDRAISING, AND MANY HAVE EMBARKED ON THEIR FIRST GRANTMAKING INITIATIVES ACROSS THEIR COMMUNITIES.
THROUGHOUT THE YEAR, FAO'S FUNDS AWARD GRANTS THROUGH COMPETITIVE GRANT PROGRAMS AS WELL AS THROUGH STRATEGIC RECOMMENDATIONS IN PARTNERSHIP WITH COMMITTEES AND DONOR SERVICES. GRANT DOLLARS MAKE INVESTMENTS ACROSS MANY FIELDS OF INTEREST, INCLUDING ARTS AND CULTURE, COMMUNITY AND ECONOMIC DEVELOPMENT, EDUCATION, ENVIRONMENTAL STEWARDSHIP, AND HEALTH AND HUMAN SERVICES. FAO'S GRANT FUNDS SUPPORT INITIATIVES BASED IN NONPROFITS, SCHOOLS, AND COMMUNITY ORGANIZATIONS.
IN PARTNERSHIP WITH DONORS WHO HAVE CREATED FUNDS TO CELEBRATE AND MEMORIALIZE LOVED ONES WITH THE GIFT OF EDUCATION, FAO AWARDED 381 SCHOLARSHIPS IN 2023. THESE SCHOLARSHIPS SERVE TO INSPIRE APPALACHIAN OHIO'S STUDENTS TO PURSUE POST-SECONDARY EDUCATION AND TO CONTRIBUTE TO REDUCING FINANCIAL BARRIERS THAT MIGHT STAND IN STUDENTS' WAY AS THEY CONTINUE THEIR EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Strickmaker Ronald Chair | OfficerTrustee | 2 | $0 |
Conger Tj Treasurer | OfficerTrustee | 2 | $0 |
Chaddock Jeffery Trustee | Trustee | 2 | $0 |
Lahmers Nancy Secretary | OfficerTrustee | 2 | $0 |
Wills Sarah Trustee | Trustee | 2 | $0 |
Brook Cara President/ceo | OfficerTrustee | 40 | $231,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $139,610 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,704,267 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,843,877 |
| Total Program Service Revenue | $1,188,778 |
| Investment income | $1,974,471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$960,785 |
| Net Income from Fundraising Events | -$15,286 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,031,055 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,655,061 |
| Grants and other assistance to domestic individuals. | $3,624,897 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $396,395 |
| Compensation of current officers, directors, key employees. | $134,774 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,198,135 |
| Pension plan accruals and contributions | $4,704 |
| Other employee benefits | $97,385 |
| Payroll taxes | $116,797 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $63,878 |
| Fees for services: Other | $1,711,369 |
| Advertising and promotion | $155,730 |
| Office expenses | $142,462 |
| Information technology | $151,679 |
| Royalties | $0 |
| Occupancy | $129,234 |
| Travel | $34,658 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $218,148 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,919 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $13,767,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,351,714 |
| Savings and temporary cash investments | $115,599 |
| Pledges and grants receivable | $1,548,886 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,853,551 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,188 |
| Net Land, buildings, and equipment | $818,423 |
| Investments—publicly traded securities | $97,827,591 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $105,544,952 |
| Accounts payable and accrued expenses | $71,581 |
| Grants payable | $237,911 |
| 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 | $7,134,199 |
| Total liabilities | $7,443,691 |
| Net assets without donor restrictions | $33,778,134 |
| Net assets with donor restrictions | $64,323,127 |
| 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 | $105,544,952 |
Grants Awarded
Over the last fiscal year, Foundation For Appalachian Ohio has awarded $3,688,882 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
APPALACHIA OHIO ALLIANCE PURPOSE: GENERAL SUPPORT | $10,646 |
APPALACHIAN CHILDREN COALITION PURPOSE: GENERAL SUPPORT | $31,125 |
ATHENS CO PUBLIC LIBRARY PURPOSE: GENERAL SUPPORT | $10,559 |
ATHENS CONSERVANCY PURPOSE: GENERAL SUPPORT | $27,625 |
ATHENS PHOTOGRAPHIC PROJECT PURPOSE: GENERAL SUPPORT | $12,847 |
ATHENS COUNTY FOOD PANTRY PURPOSE: GENERAL SUPPORT | $51,915 |