Community Foundation Alliance Inc
- Assets
- $117.5m
- Revenue
- $8.7m
- Investments
- $2.6m
- Employees
- 20
- Location
- Evansville, IN
- Founding
- 08/1991
- Data as of
- 06/2022
- EIN
- 35-1830262
Organization Overview
Community Foundation Alliance Inc is located in Evansville, IN. The organization was established in 1991. 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 06/2022, Community Foundation Alliance Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Alliance 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 06/2022, Community Foundation Alliance Inc generated $8.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $7.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Alliance Inc has awarded 1,075 individual grants totaling $19,010,727. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY FOUNDATION ALLIANCE INC IS A CHARITABLE RESOURCE DEVOTED TO ITS LOCAL COMMUNITIES. THE ORGANIZATION HELPS PEOPLE MAKE MEANINGFUL GIFTS THAT IMPROVE LIFE IN DAVIESS, GIBSON, KNOX, PERRY, PIKE, POSEY, SPENCER, VANDERBAUGH, AND WARRICK COUNTIES TODAY AND FOR GENERATIONS TO COME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND HUMAN SERVICES - GRANTS WERE AWARDED FOR ACTIVITIES THAT IMPROVE HEALTH OUTCOMES, MAXIMIZE FUNCTIONING OF SPECIAL NEEDS POPULATIONS, SUPPORT PUBLIC PROTECTION, FOOD AND NUTRITION, HOUSING/SHELTER, DISASTER PREPAREDNESS AND CHILD DAY CARE PROGRAMS. TYPICAL SERVICES PROVIDED WERE PROMOTION OF GOOD NUTRITION, HEALTH CARE SERVICES FOR UNINSURED WOMEN AND LOW INCOME CHILDREN, EQUIPMENT AND TRAINING, NATURAL DISASTER RELIEF AND GENERAL OPERATING SUPPORT FOR DOZENS OF CHARITIES.
RECREATION AND COMMUNITY DEVELOPMENT - GRANTS WERE AWARDED FOR EQUIPMENT AND MAINTENANCE OF PLAYGROUNDS AND PARKS, COMMUNITY DEVELOPMENT, IMPROVEMENTS TO DOWNTOWN AREAS, AND SUPPORT FOR COMMUNITY WIDE EVENTS AND COMMUNITY CENTERS.
EDUCATION - MANY OF THESE GRANTS WERE FOR SCHOLARSHIPS, WHILE OTHER GRANTS WERE FOR ACTIVITIES THAT PROMOTE AND STRENGTHEN EDUCATIONAL ATTAINMENT BOTH INSIDE AND OUTSIDE OF THE CLASSROOM. SUPPORT WAS ALSO PROVIDED TO LIBRARIES AND OTHER ORGANIZATIONS THAT PROVIDE EDUCATION RELATED SERVICES TO STUDENTS AND SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Carpenter Ceo/secretary | Officer | 40 | $171,596 |
Timothy Jones CFO | Officer | 40 | $129,757 |
Mark Waterman Chair | OfficerTrustee | 2 | $0 |
Tricia Hollander-Henning Immediate Past Chair | OfficerTrustee | 2 | $0 |
Eric Reed Treasurer | OfficerTrustee | 2 | $0 |
Laura Bogard Vice Chair | OfficerTrustee | 2 | $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 | $4,386,824 |
| Noncash contributions included in lines 1a–1f | $399,307 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,386,824 |
| Total Program Service Revenue | $20,390 |
| Investment income | $3,079,221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,237,761 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,724,196 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,664,234 |
| Grants and other assistance to domestic individuals. | $635,067 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $323,196 |
| Compensation of current officers, directors, key employees. | $104,256 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $664,285 |
| Pension plan accruals and contributions | $21,308 |
| Other employee benefits | $78,861 |
| Payroll taxes | $68,378 |
| Fees for services: Management | $21,200 |
| Fees for services: Legal | $7,392 |
| Fees for services: Accounting | $16,487 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $308,670 |
| Fees for services: Other | $0 |
| Advertising and promotion | $37,640 |
| Office expenses | $27,545 |
| Information technology | $72,112 |
| Royalties | $0 |
| Occupancy | $105,073 |
| Travel | $38,626 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,341 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,334 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,232,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,668 |
| Savings and temporary cash investments | $895,104 |
| Pledges and grants receivable | $112,439 |
| Accounts receivable, net | $103,561 |
| 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 | $2,398 |
| Net Land, buildings, and equipment | $131,839 |
| Investments—publicly traded securities | $111,258,505 |
| Investments—other securities | $2,557,430 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,397,816 |
| Total assets | $117,500,760 |
| Accounts payable and accrued expenses | $11,451 |
| Grants payable | $925,155 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $5,669,453 |
| Total liabilities | $6,606,059 |
| Net assets without donor restrictions | $4,035,668 |
| Net assets with donor restrictions | $106,859,033 |
| 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 | $117,500,760 |
Grants Awarded
Over the last fiscal year, Community Foundation Alliance Inc has awarded $4,246,476 in support to 185 organizations.
| Grant Recipient | Amount |
|---|---|
Evansville, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $353,870 |
Evansville, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $161,395 |
WARRICK COUNTY SCHOOL CORPORATION PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $135,203 |
Plainfield, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $119,200 |
Evansville, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $118,590 |
Washington, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $100,774 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Community Foundation Alliance Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Tlgc Foundation Wilmington, DE PURPOSE: NORTH SPENCER COUNTY SCHOOL CORPORATION LIBRARY ENDOWMENT FUND | $1,000 |
Tlgc Foundation Wilmington, DE PURPOSE: ELISA AND BRIAN PETERS MEMORIAL SCHOLARSHIP FUND | $1,000 |
Gerling Family Foundation Inc Evansville, IN PURPOSE: GENERAL OPERATING EXPENSE | $1,000 |
Endowment Analysis
| Beg. Balance | $128,323,442 |
| Earnings | -$21,260,361 |
| Admin Expense | $1,890,141 |
| Net Contributions | $3,725,820 |
| Other Expense | $299 |
| Grants | $5,299,301 |
| Ending Balance | $103,599,160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
St Louis Community Foundation St Louis, MO | $112,098,850 | $20,148,169 |
Dupage Community Foundation Downers Grove, IL | $125,703,251 | $14,295,087 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN | $181,936,459 | $11,602,152 |
Community Foundation Of Northern Illinois Rockford, IL | $141,924,845 | $12,064,778 |
Community Foundation Of Southern Indiana Inc New Albany, IN | $128,848,099 | $8,060,969 |
Waukesha County Community Foundation Inc Waukesha, WI | $76,894,981 | $24,718,378 |
Community Foundation Alliance Inc Evansville, IN | $117,500,760 | $8,724,196 |
Hamilton County Community Foundation Inc Fishers, IN | $98,701,430 | $28,985,245 |