Community Foundation Of Muncie And Delaware County Inc
- Assets
- $82.8m
- Revenue
- $10.9m
- Investments
- $33.6m
- Employees
- 13
- Location
- Muncie, IN
- Founding
- 09/1985
- Data as of
- 12/2022
- EIN
- 35-1640051
Organization Overview
Community Foundation Of Muncie And Delaware County Inc is located in Muncie, IN. 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, Community Foundation Of Muncie And Delaware County Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Muncie And Delaware County 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 12/2022, Community Foundation Of Muncie And Delaware County Inc generated $10.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $4.5m during the year ending 12/2022. While expenses have increased by 4.6% 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.
Since 2015, Community Foundation Of Muncie And Delaware County Inc has awarded 573 individual grants totaling $21,284,933. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY FOUNDATION OF MUNCIE AND DELAWARE COUNTY, INC. ENCOURAGES PHILANTHROPY, ASSISTS DONORS IN BUILDING AN ENDURING SOURCE OF CHARITABLE ASSETS, AND EXERCISES LEADERSHIP IN DIRECTING RESOURCES TO ENHANCE THE QUALITY OF LIFE FOR THE RESIDENTS OF MUNCIE AND DELAWARE COUNTY.
Describe the Organization's Program Activity:
EDUCATION AND SCHOLARSHIPS - THE FOUNDATION PROVIDES SUPPORT FOR ORGANIZATIONS, PROJECTS AND PROGRAMS WHICH PROMOTE EDUCATIONAL OPPORTUNITIES WITHIN THE COMMUNITY, INCLUDING SCHOLARSHIP PROGRAMS. THE FOUNDATION AWARDED 118 GRANTS TO SUPPORT PRESCHOOL PROGRAMMING, SCHOLARSHIP PROGRAMS, MENTORING PROGRAMS FOR HIGH SCHOOL STUDENTS TO SUCCESSFULLY GRADUATE AND MATRICULATE TO POST-SECONDARY EDUCATION, AND EQUIPMENT AND SUPPLIES FOR PRESCHOOL AND K-12 CLASSROOMS IN THE COMMUNITY.
OTHER PROGRAM SERVICES - THE FOUNDATION ALSO GRANTS IN THE AREAS OF ARTS AND CULTURE AND ECONOMIC DEVELOPMENT. ARTS AND CULTURE GRANTS INCLUDE SUPPORT OF ORGANIZATIONS, PROGRAM, AND PROJECTS WHICH OFFER WIDE-SPREAD OPPORTUNITIES FOR PARTICIPATION AND APPRECIATION OF ARTS AND CULTURE. THE FOUNDATION PROVIDED 8 GRANTS SUPPORTING LOCAL SYMPHONY AND YOUTH SYMPHONY, COMMUNITY THEATRE, AND ARTS PROGRAMMING IN RURAL AREAS. ECONOMIC DEVELOPMENT GRANTS INCLUDE SUPPORT FOR ORGANIZATIONS, PROJECTS, AND PROGRAMS RELATED TO COMMUNITY INFRASTRUCTURE IMPROVEMENTS AND ACTIVITIES THAT GENERATE JOBS OR REVENUE FOR THE COMMUNITY. THE FOUNDATION AWARDED 4 GRANTS SUPPORTING LOCAL ECONOMIC DEVELOPMENT PROGRAMS AND MARKETING EFFORTS OF THE REGION.
HUMAN SERVICES - FOUNDATION GRANTS PROVIDE SUPPORT FOR ORGANIZATIONS, PROJECTS, AND PROGRAMS THAT PROVIDE HEALTH RELATED SERVICES AND/OR BASIC HUMAN NEEDS TO INDIVIDUALS. THE FOUNDATION AWARDED 25 GRANTS TO SUPPORT HOME BUILDING AND IMPROVEMENT PROGRAMS, DOMESTIC VIOLENCE PROGRAMMING, YOUTH CENTER PROGRAMS, SCHOOL FOOD PANTRY PROGRAMS, AND EMERGENCY SHELTERS. IN ADDITION, THE FOUNDATION AWARDED STRATEGIC GRANTS FOR COMMUNITY EDUCATION PROGRAMS AND A FUNDERS FORUM COLLABORATIVE GRANT RELATED TO SUBSTANCE ABUSE AWARENESS AND TREATMENT.
COMMUNITY BETTERMENT - FOUNDATION GRANTS SUPPORT ORGANIZATIONS, PROJECTS, AND PROGRAMS RELATED TO THE IMPROVEMENT OF PUBLIC PROPERTIES, PUBLIC SAFETY, COMMUNITY WELLNESS, AND OTHER GENERAL COMMUNITY ACTIVITIES. THE FOUNDATION PROVIDED 46 GRANTS SUPPORTING LOCAL TRAIL SYSTEMS, LAND PRESERVATION FOR PUBLIC USE, SPAY AND NEUTER ASSISTANCE FOR RESCUED ANIMALS, COMMUNITY ACTION PLANS, AND COMMUNITY CENTER PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trent Dowling Chair | OfficerTrustee | 4 | $0 |
Magi Kirkpatrick Sikora Vice Chair | OfficerTrustee | 1 | $0 |
Casey Stanley Secretary | OfficerTrustee | 1 | $0 |
Ermalene Faulkner Treasurer | OfficerTrustee | 1 | $0 |
John Anderson Director | Trustee | 1 | $0 |
Derron Bishop Director | Trustee | 1 | $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 | $9,077,035 |
| Noncash contributions included in lines 1a–1f | $2,075 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,077,035 |
| Total Program Service Revenue | $7,109 |
| Investment income | $687,215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,091,854 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,919,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,233,687 |
| Grants and other assistance to domestic individuals. | $252,211 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,360 |
| Compensation of current officers, directors, key employees. | $24,879 |
| Compensation to disqualified persons | $45,158 |
| Other salaries and wages | $287,411 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,786 |
| Payroll taxes | $32,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,434 |
| Fees for services: Accounting | $16,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $104,110 |
| Fees for services: Other | $21,464 |
| Advertising and promotion | $42,165 |
| Office expenses | $113,899 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,595 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,512 |
| Interest | $6,843 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,415 |
| Insurance | $15,459 |
| All other expenses | $2,932 |
| Total functional expenses | $4,547,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $354,536 |
| Savings and temporary cash investments | $2,761,169 |
| 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 | $1,675 |
| Net Land, buildings, and equipment | $812,040 |
| Investments—publicly traded securities | $44,662,368 |
| Investments—other securities | $33,611,663 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $614,540 |
| Total assets | $82,817,991 |
| Accounts payable and accrued expenses | $74,341 |
| Grants payable | $246,875 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $7,231,736 |
| 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 | $31,143 |
| Total liabilities | $7,584,095 |
| Net assets without donor restrictions | $845,613 |
| Net assets with donor restrictions | $74,388,283 |
| 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 | $82,817,991 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Muncie And Delaware County Inc has awarded $3,145,908 in support to 73 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER WAY SERVICES INC PURPOSE: OPERATING SUPPORT | $75,999 |
ANIMAL RESCUE FUND PURPOSE: PROGRAM SUPPORT | $6,778 |
AMBASSADORS FOR GOD'S CREATURES PURPOSE: PROGRAM SUPPORT | $8,250 |
ALPHA CENTER INC PURPOSE: OPERATING SUPPORT | $6,905 |
AMERICAN RED CROSS PURPOSE: OPERATING SUPPORT | $12,717 |
BOYS & GIRLS CLUBS OF MUNCIE PURPOSE: OPERATING SUPPORT | $85,321 |