Ripley County Community Foundation Inc
- Assets
- $14.9m
- Revenue
- $924.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Batesville, IN
- Founding
- 06/1998
- Data as of
- 12/2022
- 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 12/2022, Ripley County Community Foundation Inc employed 8 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 12/2022, Ripley County Community Foundation Inc generated $924.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ripley County Community Foundation Inc has awarded 121 individual grants totaling $1,367,780. 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
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 |
|---|---|---|---|
Anita Fledderman Board Member | Trustee | 1 | $0 |
Ben Peetz Board Member | Trustee | 1 | $0 |
Dawn Wehr Board Member | Trustee | 1 | $0 |
Jill Tunny Board Member | Trustee | 1 | $0 |
Lori Holt Board Member | Trustee | 1 | $0 |
Megan Gray Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $94,077 |
| All other contributions, gifts, grants, and similar amounts not included above | $571,351 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $665,428 |
| Total Program Service Revenue | $0 |
| Investment income | $368,293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,300 |
| Net Gain/Loss on Asset Sales | -$161,114 |
| Net Income from Fundraising Events | $15,678 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $924,239 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $363,466 |
| Grants and other assistance to domestic individuals. | $94,073 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,962 |
| Compensation of current officers, directors, key employees. | $18,592 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,751 |
| Pension plan accruals and contributions | $4,919 |
| Other employee benefits | $0 |
| Payroll taxes | $15,843 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,754 |
| Fees for services: Other | $121,131 |
| Advertising and promotion | $17,846 |
| Office expenses | $13,446 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,318 |
| Travel | $8,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,493 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,979 |
| Insurance | $5,425 |
| All other expenses | $4,065 |
| Total functional expenses | $1,093,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255 |
| Savings and temporary cash investments | $553,801 |
| 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 | $11,198 |
| Investments—publicly traded securities | $14,323,197 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,888,451 |
| Accounts payable and accrued expenses | $5,050 |
| 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 | $1,221,674 |
| Net assets without donor restrictions | $1,005,530 |
| Net assets with donor restrictions | $12,661,247 |
| 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 | $14,888,451 |
Grants Awarded
Over the last fiscal year, Ripley County Community Foundation Inc has awarded $176,587 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S SUPPORT GROUPS OF SE INDIANA PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $8,592 |
CREATE FOUNDATION INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,013 |
BATESVILLE COMMUNITY SCHOOL CORP PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $13,017 |
JAC-CEN-DEL SCHOLARSHIP FOUNDATION PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 |
GIBSON THEATRE INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |
KIDS DISCOVERY FACTORY INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |