Ripley County Community Foundation Inc
- Assets
- $17.6m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Batesville, IN
- Founding
- 06/1998
- Data as of
- 12/2021
- EIN
- 35-2048001
Organization Overview
Ripley County Community Foundation Inc is located in Batesville, IN. The organization was established in 1998. 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 12/2021, Ripley County Community Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ripley County Community 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 12/2021, Ripley County Community Foundation Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $848.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ripley County Community Foundation Inc has awarded 105 individual grants totaling $1,191,193. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS AND MAKE GRANTS TO BENEFIT THE CITIZENS OF RIPLEY COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ASSISTS DONORS IN BUILDING AN ENDURING SOURCE OF CHARITABLE ASSETS TO BENEFIT RIPLEY COUNTY, PROVIDES RESPONSIBLE STEWARDSHIP OF THE ASSETS DONATED; PROMOTES LEADERSHIP IN ADDRESSING RIPLEY COUNTY'S ISSUES, AND MAKES GRANTS IN THE FIELDS OF COMMUNITY SERVICE, SOCIAL SERVICE, EDUCATION, HEALTH, ENVIRONMENT, AND THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Streator Executive Director | Officer | 40 | $83,954 |
Nancy Durham President | OfficerTrustee | 2 | $0 |
Dan Harmeyer Vice-President | OfficerTrustee | 2 | $0 |
Kenton Heinlein Secretary | OfficerTrustee | 2 | $0 |
Jim Black Treasurer | OfficerTrustee | 2 | $0 |
Ben Peetz Board Member | 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 | $1,472,598 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,472,598 |
| Total Program Service Revenue | $0 |
| Investment income | $270,602 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $437,308 |
| Net Income from Fundraising Events | $16,415 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,196,923 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $347,562 |
| Grants and other assistance to domestic individuals. | $66,661 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,992 |
| Compensation of current officers, directors, key employees. | $17,798 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,738 |
| Pension plan accruals and contributions | $4,999 |
| Other employee benefits | $0 |
| Payroll taxes | $13,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,750 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,154 |
| Fees for services: Other | $76,321 |
| Advertising and promotion | $28,038 |
| Office expenses | $14,545 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,338 |
| Travel | $3,869 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,868 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,830 |
| Insurance | $4,758 |
| All other expenses | $0 |
| Total functional expenses | $848,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260 |
| Savings and temporary cash investments | $1,925,008 |
| 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 | $9,351 |
| Investments—publicly traded securities | $15,582,792 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,287 |
| Total assets | $17,564,698 |
| Accounts payable and accrued expenses | $150 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,216,624 |
| 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 | $1,216,774 |
| Net assets without donor restrictions | $1,202,795 |
| Net assets with donor restrictions | $15,145,129 |
| 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 | $17,564,698 |
Grants Awarded
Over the last fiscal year, Ripley County Community Foundation Inc has awarded $133,455 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Osgood, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 |
BATESVILLE COMMUNITY SCHOOL CORP PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $13,000 |
Friendship, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $12,465 |
Versailles, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |
Batesville, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $9,477 |
Richmond, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $9,461 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Ripley County Community Foundation Inc has recieved totaling $65,593.
| Awarding Organization | Amount |
|---|---|
Zotec Foundation Inc Carmel, IN PURPOSE: OPEN GRANT PROGRAM - GENERAL OPERATING FUNDS | $25,000 |
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $20,000 |
Indiana Philanthropy Alliance Foundation Inc Indianapolis, IN PURPOSE: Intern Program | $9,959 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $5,100 |
William A & Martha H Hillenbrand Foundation Batesville, IN PURPOSE: OPERATING BUDGET | $2,500 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $2,000 |
Endowment Analysis
| Beg. Balance | $14,063,034 |
| Earnings | $1,679,950 |
| Admin Expense | $209,195 |
| Net Contributions | $372,522 |
| Grants | $368,655 |
| Ending Balance | $15,537,656 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Central Indiana Community Foundation Inc Indianapolis, IN | $548,109,976 | $56,175,018 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |
Community Foundation Of Elkhart County Inc Elkhart, IN | $418,149,768 | $41,619,440 |
Blue Grass Community Foundation Inc Lexington, KY | $132,271,880 | $24,051,212 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |