Encova Foundation Of Ohio
- Assets
- $9.5m
- Revenue
- $3.3m
- Investments
- $7.0m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 07/2000
- Data as of
- 12/2021
- EIN
- 31-1712343
Organization Overview
Encova Foundation Of Ohio is located in Columbus, OH. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Encova Foundation Of 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 12/2021, Encova Foundation Of Ohio generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.6% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 33.7% per year over the past 4 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 2020, Encova Foundation Of Ohio has awarded 224 individual grants totaling $2,985,871. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas J Obrokta Jr Trustee-Parttime | 0 | $0 | |
J Christopher Howat Trustee-Parttime | 0 | $0 | |
Marchelle E Moore Trustee-Parttime | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500,000 |
| Interest on Savings | $98 |
| Dividends & Interest | $140,466 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $724,509 |
| Capital Gain Net Income | $724,509 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$80,934 |
| Total Revenue | $3,284,139 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,088 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $39,141 |
| Contributions, gifts, grants paid | $1,985,039 |
| Total expenses and disbursements | $2,024,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,500,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,991,244 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,884 |
| Total assets | $9,500,128 |
| Accounts payable and accrued expenses | $11 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11 |
Grants Awarded
Over the last fiscal year, Encova Foundation Of Ohio has awarded $1,985,039 in support to 125 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: ANNUAL OPERATIONS | $350,000 |
Columbus, OH PURPOSE: ANNUAL OPERATIONS | $250,000 |
Columbus, OH PURPOSE: ANNUAL OPERATIONS | $250,000 |
THE OHIO STATE UNIVERSITY PURPOSE: ANNUAL OPERATIONS | $240,000 |
DEWITT COMMUNITY HOSPITAL FOUNDATION PURPOSE: ANNUAL OPERATIONS | $100,000 |
Columbus, OH PURPOSE: ANNUAL OPERATIONS | $89,499 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |
Franciscan Health Foundation Inc Mishawaka, IN | $46,155,507 | $9,741,999 |
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |