Seeley Lake Community Foundation
- Assets
- $1.2m
- Revenue
- $267.6k
- Investments
- $441.2k
- Employees
- 2
- Location
- Seeley Lake, MT
- Founding
- 12/2000
- Data as of
- 12/2022
- EIN
- 31-1711576
Organization Overview
Seeley Lake Community Foundation is located in Seeley Lake, MT. The organization was established in 2000. 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, Seeley Lake Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seeley Lake 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 12/2022, Seeley Lake Community Foundation generated $267.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $302.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Seeley Lake Community Foundation has awarded 80 individual grants totaling $1,226,800. 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
THE SEELEY LAKE COMMUNITY FOUNDATION ENGAGES IN PHILANTHROPY, PROVIDES LEADERSHIP, AND ENHANCES THE QUALITY OF LIFE AND ECONOMIC VITALITY OF THE SEELEY LAKE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY GRANTS AND SERVICES: PROGRAMS INCLUDING ASSISTING NONPROFIT ORGANIZATIONS IN SEELEY LAKE WITH 15,020 IN GRANTS FOR LOCAL PROJECTS, OPERATING IRIDE SEELEY LAKE, A MEDICAL APPOINTMENT VAN SHUTTLE; THE SEELEY LAKE MARKET; GLASS RECYCLING; AND OTHER SERVICES.
CHANGE YOUR PACE CHALLENGE. GOAL: ENCOURAGE AND SUPPORT PHILANTHROPY TO LOCAL NONPROFITS. DESCRIPTION: COMMUNITY-WIDE FUNDRAISER FOR LOCAL NONPROFITS EACH SUMMER. THE SLCF HELPS RAISE MONEY FOR THE CYP MATCH FUND TO STIMULATE GIVING TO PARTICIPATING GROUPS.
SLCF SCHOLARSHIP - GOAL: SUPPORT YOUNG PEOPLE FROM THE SEELEY LAKE AREA. DESCRIPTION: SCHOLARSHIP FOR STUDENTS WHO HAVE GRADUATED FROM SEELEY SWAN HIGH SCHOOL AND HAVE FINISHED AT LEAST ONE YEAR OF COLLEGE OR TRADE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Williams President | OfficerTrustee | 4 | $0 |
Tom Beers Vice-Preside | OfficerTrustee | 4 | $0 |
Carla Schade Treasurer | OfficerTrustee | 4 | $0 |
Kevin Wetherall Secretary | OfficerTrustee | 4 | $0 |
Fern Glass Boyd Director | Trustee | 1 | $0 |
Scott Kennedy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,808 |
| All other contributions, gifts, grants, and similar amounts not included above | $238,196 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,004 |
| Total Program Service Revenue | $0 |
| Investment income | -$66,814 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $58,546 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $267,560 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $112,045 |
| Grants and other assistance to domestic individuals. | $4,000 |
| 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 | $76,013 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,513 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,086 |
| Fees for services: Other | $6,849 |
| Advertising and promotion | $1,530 |
| Office expenses | $8,692 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,957 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $94 |
| Interest | $4,759 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,278 |
| Insurance | $6,660 |
| All other expenses | $9,406 |
| Total functional expenses | $302,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $229,911 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,762 |
| 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 | $468,818 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $441,176 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,067 |
| Total assets | $1,171,034 |
| Accounts payable and accrued expenses | $1,971 |
| Grants payable | $0 |
| Deferred revenue | $24,180 |
| 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 | $135,641 |
| Total liabilities | $161,792 |
| Net assets without donor restrictions | $554,514 |
| Net assets with donor restrictions | $454,728 |
| 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 | $1,171,034 |
Grants Awarded
Over the last fiscal year, Seeley Lake Community Foundation has awarded $71,829 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ALPINE ARTISANS INC PURPOSE: PROMOTE CULTURAL ART | $9,725 |
BIG BLACKFOOT CHAPTER TROUT UNLIMIT PURPOSE: RESTORATION | $9,769 |
SEELEY LAKE ELEMENTARY SCHOOL | | | $7,608 |
SEELEY LAKE ROCKS PURPOSE: TRAIL RESTORATION | $6,731 |
SLE COMMUNITY PARK PURPOSE: RECREATION | $5,107 |
SELA SENCI PURPOSE: MEALS TO SENIORS/DIS | $7,668 |