The Tiffin Community Foundation
- Assets
- $27.7m
- Revenue
- $2.2m
- Investments
- $6.5m
- Employees
- 3
- Location
- Tiffin, OH
- Founding
- 04/1985
- Data as of
- 12/2022
- EIN
- 34-1405286
Organization Overview
The Tiffin Community Foundation is located in Tiffin, OH. The organization was established in 1985. 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, Tiffin Community Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tiffin 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, Tiffin Community Foundation generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $903.3k during the year ending 12/2022. While expenses have increased by 1.2% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY FOUNDATION - ASSIST THE COMMUNITY IN ENSURING THAT THE EDCUTATIONAL, CULTURAL AND RECREATIONAL OPPORTUNITIES OF SENECA COUNTY ARE MAINTAINED AND ENHANCED FOR FUTURE GENEATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WHITE CHARITABLE TRUST DISTRIBUTES THE UNRESTRICTED NET INCOME OF THE TRUST AT LEAST ANNUALLY. APPLICATIONS ARE TAKEN FROM PUBLIC AND PRIVATE ORGANIZATIONS IN THE CITY OF TIFFIN AND SENECA COUNTY THAT ARE TAX-EXEMPT. PRIORITY IS GIVEN TO PROGRAM AREAS THAT REFLECT CHARACTERISTICS SUCH AS PROMOTING PERSONAL ACHIEVEMENT, CULTURAL ENRICHMENT, VOLUNTEERISM, ENVIRONMENTAL AWARENESS, IMPROVEMENT TO PERSONAL HEALTH AND DEVELOPMENT OF NEW SOLUTIONS TO COMMUNITY PROBLEMS.
SCHOLARSIPS AND GRANTS - 232,508 OTHER PROGRAM EXPENSES - 57,396
THE BETTY JANE MEMORIAL FUND DISTRIBUTES THE GREATER OF 5% OF THE PRIOR YEAR'S AVERAGE OF MONTH-END MARKET VALUES OR DIVIDENDS AND INTEREST EARNED BY THE FUND PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS WHICH PROMOTE PHYSICAL, MENTAL, SOCIAL AND VOCATIONAL REHABILITATION FOR PEOPLE WITH DISABILITIES. DISTRIBUTIONS ARE MADE BASED UPON RECOMMENDATIONS OF THE FUND ADVISORS WHO SHALL BE APPOINTED BY THE FOUNDATION.
THE ROBERT G TEACH FUND MAKES DISTRIBUTIONS TO VARIOUS LOCAL ORGANIZATIONS THAT SUPPORT LEARNING AND COMMUNITY ACTIVITES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Demith Trustee | Trustee | $0 | |
James Gucker Secretary | OfficerTrustee | $0 | |
Robert Huntington Trustee | Trustee | $0 | |
Neil Jordan Treasurer | OfficerTrustee | $0 | |
Jennifer Musgrave Trustee | Trustee | $0 | |
Francine Neal Trustee | Trustee | $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 | $1,531,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,531,100 |
| Total Program Service Revenue | $0 |
| Investment income | $508,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $131,384 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,170,584 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $731,358 |
| 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 | $109,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,693 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,540 |
| Advertising and promotion | $4,548 |
| Office expenses | $16,157 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,239 |
| Travel | $20 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $903,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,286 |
| Savings and temporary cash investments | $917,673 |
| 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 | $625 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $20,080,467 |
| Investments—other securities | $6,465,304 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $126,894 |
| Total assets | $27,689,249 |
| Accounts payable and accrued expenses | $6,017 |
| Grants payable | $561,708 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $7,800,308 |
| 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 | $8,368,033 |
| Net assets without donor restrictions | $12,855,912 |
| Net assets with donor restrictions | $6,465,304 |
| 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 | $27,689,249 |