Paulding County Area Foundation
- Assets
- $3.9m
- Revenue
- $310.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Paulding, OH
- Founding
- 11/1985
- Data as of
- 06/2021
- EIN
- 34-1399690
Organization Overview
Paulding County Area Foundation is located in Paulding, OH. The organization was established in 1985. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Paulding County Area 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 06/2021, Paulding County Area Foundation generated $310.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.9%) each year. All expenses for the organization totaled $335.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Paulding County Area Foundation has awarded 53 individual grants totaling $1,224,980. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PAULDING COUNTY AREA FOUNDATION IS DEDICATED TO RECEIVING, GROWING, AND DISTRIBUTING GIFTS FOR THE BENEFIT OF THE PEOPLE OF PAULDING COUNTY, OHIO. THIS IS ACCOMPLISHED BY GRANTS PROVIDED TO CHARITABLE AND EDUCATIONAL ORGANIZATIONS LOCATED IN OR PROVIDING BENEFITS TO PAULDING COUNTY, OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP GRANTS PROVIDED FOR PAULDING COUNTY, OHIO RESIDENTS FOR EDUCATIONAL PURPOSES.
GRANTS PROVIDED TO CHARITABLE AND EDUCATIONAL ORGANIZATIONS AND GOVERNMENTAL UNITS LOCATED IN OR PROVIDING BENEFITS TO PAULDING COUNTY, OHIO RESIDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Johanns Secretary | OfficerTrustee | 2 | $0 |
Dan Schutt Vice Preside | OfficerTrustee | 2 | $0 |
Richard Swary Treasurer | OfficerTrustee | 2 | $0 |
Jason Thornell President | OfficerTrustee | 3 | $0 |
Lisa Mcclure Executive Di | Officer | 20 | $0 |
Twila Demongeot Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,367 |
| Investment income | $16,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $56,133 |
| Net Gain/Loss on Asset Sales | $29,944 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $310,282 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $455 |
| Office expenses | $617 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $350 |
| Insurance | $114 |
| All other expenses | $0 |
| Total functional expenses | $335,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,679 |
| Savings and temporary cash investments | $576,304 |
| 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 | $8,111 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,928 |
| Investments—publicly traded securities | $1,328,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,905,382 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $59,133 |
| 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 | $14,274 |
| Total liabilities | $73,407 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,831,975 |
Grants Awarded
Over the last fiscal year, Paulding County Area Foundation has awarded $227,260 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
4H CAMP PALMER PURPOSE: LAND CLOSING | $100,000 |
PAULDING EXEMPTED VILLAGE SCHOOLS PURPOSE: PRESS BOX | $29,865 |
Paulding, OH PURPOSE: FRONT PORCH ADDITION | $28,000 |
Paulding, OH PURPOSE: SOCCER COMPLEX | $16,700 |
GROVER HILL WELCOME PARK BOOSTERS | | | $10,000 |
Paulding, OH PURPOSE: COVID RELIEF | $9,745 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Paulding County Area Foundation has recieved totaling $18,500.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $12,500 |
Samaritan Foundation Haviland, OH PURPOSE: GENERAL PURPOSES | $6,000 |
Endowment Analysis
| Beg. Balance | $3,146,691 |
| Earnings | $388,389 |
| Admin Expense | $7,561 |
| Net Contributions | $111,809 |
| Grants | $165,350 |
| Ending Balance | $3,453,310 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
General Professional Liability Lass Fund Trust Agreement Pittsburgh, PA | $165,577,722 | $37,293,555 |
Samuel Frankel And Jean Frankel Support Foundation Bloomfield Hills, MI | $0 | $127,796 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Mary G Stange Charitable Trust Ann Arbor, MI | $495,498 | $4,941,394 |
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |