Greene County Foundation Inc
- Assets
- $14.3m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Bloomfield, IN
- Founding
- 09/1992
- Data as of
- 12/2023
- EIN
- 35-1815060
Organization Overview
Greene County Foundation Inc is located in Bloomfield, IN. The organization was established in 1992. 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 12/2023, Greene County Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greene County 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 12/2023, Greene County Foundation Inc generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $764.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Greene County Foundation Inc has awarded 106 individual grants totaling $1,742,235. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AND ESTABLISH A FOUNDATION TO FACILITATE THE PURPOSE OF PUBLIC BENEFACTORS AND TO DEVELOP A PLAN OF BENEFACTION AND MAINTAINING A USEFUL TRUST FOR THE BENEFIT OF THE PUBLIC OF GREENE COUNTY, INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS TO NUMEROUS ORGANIZATIONS OR INDIVIDUALS FOR THE BENEFIT OF THE RESIDENTS OF GREENE COUNTY, INDIANA.
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 |
|---|---|---|---|
Beth Mason Director | Trustee | 0.5 | $0 |
Cheri Stone Director | Trustee | 0.5 | $0 |
John Crowe Director | Trustee | 0.5 | $0 |
Kimberly Francis-Provo Director | Trustee | 0.5 | $0 |
Lee May Director | Trustee | 0.5 | $0 |
Steve Corbin Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,350 |
| All other contributions, gifts, grants, and similar amounts not included above | $263,541 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $301,891 |
| Total Program Service Revenue | $68,841 |
| Investment income | $308,462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,224 |
| Net Gain/Loss on Asset Sales | $318,712 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,020,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $330,426 |
| Grants and other assistance to domestic individuals. | $121,195 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,649 |
| Compensation of current officers, directors, key employees. | $30,484 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,800 |
| Payroll taxes | $10,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,250 |
| Fees for services: Other | $22,350 |
| Advertising and promotion | $5,759 |
| Office expenses | $1,451 |
| Information technology | $16,533 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,608 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,653 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,817 |
| Insurance | $2,864 |
| All other expenses | $1,630 |
| Total functional expenses | $763,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,204 |
| Savings and temporary cash investments | $409,120 |
| 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 | $0 |
| Net Land, buildings, and equipment | $603,282 |
| Investments—publicly traded securities | $13,202,340 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,275,946 |
| Accounts payable and accrued expenses | $18,783 |
| Grants payable | $0 |
| Deferred revenue | $36,110 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $250,931 |
| 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 | $305,824 |
| Net assets without donor restrictions | $459,095 |
| Net assets with donor restrictions | $13,511,027 |
| 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 | $14,275,946 |
Grants Awarded
Over the last fiscal year, Greene County Foundation Inc has awarded $188,108 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF BLOOMFIELD PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $38,000 |
BLOOMFIELD NJROTC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 |
MSD OF SHAKAMAK HIGH SCHOOL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $25,290 |
PRAIRIE CHAPEL CEMETERY INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $17,950 |
BLOOMFIELD-EASTERN GREENE COUNTY LIBRARY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $15,185 |
EASTERN GREENE SCHOOLS PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $14,800 |