Hamilton Community Foundation Inc
- Assets
- $145.9m
- Revenue
- $25.5m
- Investments
- $13.7m
- Employees
- 5
- Location
- Hamilton, OH
- Founding
- 10/1956
- Data as of
- 12/2021
- EIN
- 31-6038277
Organization Overview
Hamilton Community Foundation Inc is located in Hamilton, OH. The organization was established in 1956. 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 12/2021, Hamilton Community Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hamilton Community Foundation 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 12/2021, Hamilton Community Foundation Inc generated $25.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $7.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2013, Hamilton Community Foundation Inc has awarded 875 individual grants totaling $43,176,544. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING A BETTER COMMUNITY THROUGH CREATIVE PHILANTHROPY, VISION, AND LEADERSHIP.
Describe the Organization's Program Activity:
THE FOUNDATION RECEIVES CONTRIBUTIONS FROM DONORS IN THE COMMUNITY AND THEN THROUGH THE ABOVE GIFTS AND GRANTS ENRICHES THE COMMUNITY THROUGH STRATEGIC GRANT MAKING IN THE FIELDS OF THE ARTS, EDUCATION, HOUSING, SOCIAL SERVICES, CIVIC BEAUTIFICATION, COMMUNITY DEVELOPMENT AND RECREATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Guidugli CEO | Officer | 40 | $174,800 |
Karen Braswell Vice President | Officer | 40 | $108,172 |
Dan Sander VP Of Finance | Officer | 40 | $106,435 |
Cynamon Trokhan Vice Chair | OfficerTrustee | 1 | $0 |
John Kirsch Chair | OfficerTrustee | 1 | $0 |
Andrew Schuster Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $13,551 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $228,534 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,426,551 |
| Noncash contributions included in lines 1a–1f | $858,514 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,668,636 |
| Total Program Service Revenue | $1,222,246 |
| Investment income | $931,042 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,719,478 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,541,402 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,787,478 |
| Grants and other assistance to domestic individuals. | $1,198,531 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $408,878 |
| Compensation of current officers, directors, key employees. | $130,451 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,071 |
| Pension plan accruals and contributions | $3,722 |
| Other employee benefits | $0 |
| Payroll taxes | $34,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,369 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $328,469 |
| Fees for services: Other | $8,970 |
| Advertising and promotion | $31,840 |
| Office expenses | $38,164 |
| Information technology | $31,981 |
| Royalties | $0 |
| Occupancy | $46,841 |
| Travel | $594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $85,425 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $214,444 |
| Insurance | $8,637 |
| All other expenses | $554 |
| Total functional expenses | $7,582,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,982,352 |
| Savings and temporary cash investments | $1,326,933 |
| 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 | $18,878,394 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $456 |
| Net Land, buildings, and equipment | $3,567,267 |
| Investments—publicly traded securities | $105,945,557 |
| Investments—other securities | $13,728,657 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $475,967 |
| Total assets | $145,905,583 |
| Accounts payable and accrued expenses | $157,381 |
| Grants payable | $1,627,105 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,711,755 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,241,518 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,737,759 |
| Net assets without donor restrictions | $31,634,616 |
| Net assets with donor restrictions | $100,533,208 |
| 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 | $145,905,583 |
Grants Awarded
Over the last fiscal year, Hamilton Community Foundation Inc has awarded $3,574,319 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
Hamilton, OH PURPOSE: GENERAL/OPERATING | $398,838 |
GREENWOOD CEMETERY ASSOCIATION PURPOSE: GENERAL/OPERATING | $387,214 |
Hamilton, OH PURPOSE: GENERAL/OPERATING | $258,520 |
Hamilton, OH PURPOSE: GENERAL/OPERATING | $172,216 |
Miamisburg, OH PURPOSE: GENERAL/OPERATING | $127,699 |
Hamilton, OH PURPOSE: GENERAL/OPERATING | $116,108 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Hamilton Community Foundation Inc has recieved totaling $819,309.
| Awarding Organization | Amount |
|---|---|
Harry T Wilks Family Foundation Covington, KY PURPOSE: PROVIDE OPERATING FUNDS | $600,000 |
Drs Charitable Tr Louisville, KY PURPOSE: CHARITABLE PURPOSES | $160,000 |
Johnson Charitable Gift Fund Cincinnati, OH PURPOSE: GENERAL FUND | $27,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $21,275 |
Community Foundations Inc Columbus, OH PURPOSE: ADVANCING PHILANTHROPY | $10,000 |
Thomas And Kelly Lieser Family Foundation Cincinnati, OH PURPOSE: GENERAL SUPPORT | $515 |
Endowment Analysis
| Beg. Balance | $96,263,651 |
| Earnings | $13,872,042 |
| Admin Expense | $1,394,592 |
| Net Contributions | $18,668,636 |
| Other Expense | $619,504 |
| Grants | $5,183,177 |
| Ending Balance | $121,607,056 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lancaster County Community Foundation Lancaster, PA | $92,463,036 | $19,491,842 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Stark Community Foundation Inc Canton, OH | $373,666,840 | $68,744,620 |
Muskegon County Community Foundation Muskegon, MI | $247,862,579 | $28,555,582 |
Greater Kanawha Valley Foundation Charleston, WV | $329,426,372 | $27,972,481 |
Community Foundation Of Greater Flint Flint, MI | $212,857,243 | $17,865,297 |
Ann Arbor Area Community Foundation Ann Arbor, MI | $219,428,649 | $31,760,954 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
Community Foundation Of Greater Johnstown Johnstown, PA | $89,313,800 | $19,729,908 |
Fremont Area Community Foundation Fremont, MI | $291,559,908 | $22,142,594 |
Grand Haven Area Community Foundation Inc Grand Haven, MI | $189,481,921 | $23,464,810 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |