Community Foundation Of Hancock County Inc
- Assets
- $57.7m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Greenfield, IN
- Founding
- 01/1992
- Data as of
- 12/2023
- EIN
- 35-1837729
Organization Overview
Community Foundation Of Hancock County Inc is located in Greenfield, 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, Community Foundation Of Hancock County Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Hancock 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 12/2023, Community Foundation Of Hancock County Inc generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $6.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Of Hancock County Inc has awarded 463 individual grants totaling $11,743,631. 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
THE COMMUNITY FOUNDATION OF HANCOCK COUNTY, INC. PROVIDES PHILANTHROPIC LEADERSHIP BY ENCOURAGING GIVING, LEARNING, COMMUNITY PRIDE, AND CIVIC ENGAGEMENT. WE ENVISION A COUNTY IN WHICH EACH PERSON HAS THE OPPORTUNITY TO PURSUE DREAMS, ENJOY DAILY LIFE, AND INVEST IN MEANINGFUL CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY FOUNDATION OF HANCOCK COUNTY, INC. DISTRIBUTES GRANTS AND SCHOLARSHIPS. ALL GRANTS MADE BY THE COMMUNITY FOUNDATION SHALL BE FOR CHARITABLE PURPOSES. GENERALLY THE DETERMINATION ON WHETHER AN ORGANIZATION'S ACTIVITIES ARE CHARITABLE OR NOT IS MADE BY THE IRS IN ASSIGNING A TAX-EXEMPT STATUS. ORGANIZATIONS WITH A 501(C)3 ARE ENGAGED IN CHARITABLE ACTIVITIES. THE COMMUNITY FOUNDATION MAY ALSO MAKE GRANTS TO NON-501(C)3 ORGANIZATIONS WHEN THE GRANT IS FOR A CHARITABLE PURPOSE. SCHOLARSHIPS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTIONS AND NOT TO INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Gibble President | Officer | 40 | $117,000 |
Ryan Hammons Chairperson | OfficerTrustee | 1 | $0 |
William Mckinney Vice-Chairpe | OfficerTrustee | 1 | $0 |
Susan Bennett Treasurer | OfficerTrustee | 1 | $0 |
Katherine Locke Secretary | OfficerTrustee | 1 | $0 |
Jan Viehweg Chair Emerit | OfficerTrustee | 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 | $1,932,846 |
| Noncash contributions included in lines 1a–1f | $56,387 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,932,846 |
| Total Program Service Revenue | $39,562 |
| Investment income | $1,898,321 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $155,167 |
| Net Income from Fundraising Events | -$2,541 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,023,355 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,684,361 |
| Grants and other assistance to domestic individuals. | $423,399 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,000 |
| Compensation of current officers, directors, key employees. | $40,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $415,597 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $95,257 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,340 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $89,936 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $30,744 |
| Information technology | $79,453 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,767 |
| 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 | $8,501 |
| Insurance | $11,151 |
| All other expenses | $11,543 |
| Total functional expenses | $6,146,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,434,385 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $384,330 |
| Accounts receivable, net | $158 |
| 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 | $50,861 |
| Net Land, buildings, and equipment | $30,686 |
| Investments—publicly traded securities | $53,664,829 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $121,692 |
| Total assets | $57,686,941 |
| Accounts payable and accrued expenses | $14,614 |
| Grants payable | $299,315 |
| Deferred revenue | $1,250 |
| 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 | $900,105 |
| Total liabilities | $1,215,284 |
| Net assets without donor restrictions | -$3,074,202 |
| Net assets with donor restrictions | $59,545,859 |
| 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 | $57,686,941 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Hancock County Inc has awarded $4,469,100 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE THERAPEUTIC RIDING SERVICESINC PURPOSE: OPERATING SUPPORT | $71,000 |
BLUE RIVER COMMUNITY FOUNDATION INC PURPOSE: PROGRAMMING | $12,950 |
AMERICAN BIBLE SOCIETY PURPOSE: OPERATING SUPPORT | $9,449 |
BOYS AND GIRLS CLUB OF HANCOCKCOUNTY PURPOSE: OPERATING SUPPORT | $50,402 |
BRADLEY UNITED METHODIST CHURCHBOARD OF TRUSTEES PURPOSE: OPERATING SUPPORT | $27,920 |
CATHOLIC FOREIGN MISSION SOCIETY OFAMERICA PURPOSE: OPERATING SUPPORT | $25,336 |