The Northern Cincinnati Foundation
- Assets
- $21.4m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 3
- Location
- West Chester, OH
- Founding
- 11/1999
- Data as of
- 12/2022
- EIN
- 31-1661966
Organization Overview
The Northern Cincinnati Foundation is located in West Chester, 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 12/2022, Northern Cincinnati Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Cincinnati 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 12/2022, Northern Cincinnati Foundation generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Northern Cincinnati Foundation has awarded 428 individual grants totaling $14,933,992. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE, SUPPORT AND FACILITATE PHILANTHROPY AND IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NORTHERN CINCINNATI FOUNDATION GRANTS OVER $1M ANNUALLY THROUGH SCHOLARSHIPS AND DONOR FUNDS TO SUPPORT LOCAL AND NATIONAL CHARITABLE CAUSES.
YOUTH IN PHILANTHROPY (YIP) IS A PROGRAM DESIGNED TO INTRODUCE LOCAL HIGH SCHOOL STUDENTS TO PHILANTHROPY AND COMMUNITY DEVELOPMENT. THE PROGRAM PROVIDES HANDS-ON EXPERIENCE THAT BENEFITS BOTH THE PARTICIPATING STUDENTS AND LOCAL CHARITIES. STUDENTS WORK IN THE COMMUNITY TO RAISE MONEY, BUILD ENDOWMENT FUNDS, AND MAKE GRANTS TO NON-PROFIT ORGANIZATIONS IMPROVING THE LIVES OF YOUTH IN OUR COMMUNITY. ENGAGING YOUTH IN PHILANTHROPY IS AN OPPORTUNITY TO PREPARE YOUNG PEOPLE TO BE ACTIVE, LIFELONG COMMUNITY CITIZENS.
THE NORTHERN CINCINNATI FOUNDATION GRANTS OVER $50,000 ANNUALLY THROUGH THE COMMUNITY GRANTS AND COMMUNITY SCHOLARSHIPS PROGRAMS. THE GRANT DOLLARS ARE RAISED THROUGH ANNUAL FUNDRAISING EFFORTS BY THE FOUNDATION. 100% OF THE PROCEEDS ARE USED FOR GRANTING PURPOSES IN OUR COMMUNITIES.
THE POWER OF THE PURSE (POP) FUND IS A WOMEN'S GIVING CIRCLE DEDICATED TO STRENGTHENING THE COMMUNITY BY PROVIDING GRANT FUNDS TO NON-PROFIT ORGANIZATIONS SERVING THE INTERESTS OF WOMEN & CHILDREN. MEMBERS OF POP WORK TO EDUCATE AND INSPIRE OTHERS, AND PROMOTE PHILANTHROPY AMONG WOMEN IN OUR COMMUNITY. POWER OF THE PURSE ACCEPTS GRANT REQUESTS FOR NEW OR EXISTING PROJECTS THAT FOCUS ON MEETING THE BASIC NEEDS OF FOOD, SHELTER, OR HEALTH CARE FOR WOMEN OR CHILDREN IN OUR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Clemons President & CEO | Officer | 40 | $115,000 |
Karen Gibbs Vice President | Officer | 40 | $65,300 |
Nancy Fister Vice President Of Finance | Officer | 40 | $48,500 |
Dan Benhase Member | Trustee | 0.5 | $0 |
Jeanne Brauns Member | Trustee | 0.5 | $0 |
Ben Helwig Member | Trustee | 0.5 | $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 | $1,561,082 |
| Noncash contributions included in lines 1a–1f | $587,272 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,561,082 |
| Total Program Service Revenue | $200,708 |
| Investment income | $451,203 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$333,735 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,879,258 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,598,830 |
| Grants and other assistance to domestic individuals. | $111,061 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $235,544 |
| Compensation of current officers, directors, key employees. | $47,109 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,870 |
| Fees for services: Management | $5,236 |
| Fees for services: Legal | $994 |
| Fees for services: Accounting | $12,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $77,495 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,050 |
| Office expenses | $10,885 |
| Information technology | $6,311 |
| Royalties | $0 |
| Occupancy | $46,160 |
| Travel | $6,068 |
| 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 | $7,177 |
| Insurance | $2,988 |
| All other expenses | $0 |
| Total functional expenses | $2,245,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,561,641 |
| 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 | $239,353 |
| Investments—publicly traded securities | $19,587,650 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,388,644 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $21,388,644 |
| Net assets with donor restrictions | $0 |
| 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 | $21,388,644 |
Grants Awarded
Over the last fiscal year, The Northern Cincinnati Foundation has awarded $1,395,125 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF WEST CHESTERLIBERTY PURPOSE: OPERATING SUPPORT | $325,382 |
KEN ANDERSON ALLIANCE PURPOSE: LIVE PROJECT/ENGAGE PROGRAM/OPERATING SUPPORT | $191,700 |
ST SUSANNA CATHOLIC CHURCH PURPOSE: GYMNASIUM/CHURCH PROGRAMMING | $181,659 |
BEECH ACRES PARENTING CENTER PURPOSE: PARENT CONNEXT PROGRAM | $65,000 |
EDGE TEEN CENTERAXIS TEEN CENTER PURPOSE: OPERATING SUPPORT | $31,700 |
CHILDREN'S HOSPITAL MEDICAL CENTER PURPOSE: GENERAL DONATION | $57,000 |