Community Foundation Of Switzerland County Inc
- Assets
- $13.8m
- Revenue
- $698.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Vevay, IN
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 35-2087649
Organization Overview
Community Foundation Of Switzerland County Inc is located in Vevay, IN. The organization was established in 1999. 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, Community Foundation Of Switzerland County Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Switzerland 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 12/2022, Community Foundation Of Switzerland County Inc generated $698.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $693.8k during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Community Foundation Of Switzerland County Inc has awarded 46 individual grants totaling $1,199,981. 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 ENGAGE IN PROGRAMS & ACTIVITIES BENEFITING THE RESIDENTS OF SWITZERLAND COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY FOUNDATION SERVES AS A VEHICLE FOR RESIDENTS OF SWITZERLAND COUNTY TO DONATE TO VARIOUS ORGANIZATIONS AND PROJECTS IN THE COUNTY. DURING 2022, THE COMMUNITY FOUNDATION AWARDED NUMEROUS GRANTS AND SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tye Sulliven Executive Director | Officer | 40 | $73,100 |
Rachel Schuler President | OfficerTrustee | 3 | $0 |
Karin Dutkievicz Vice President | OfficerTrustee | 3 | $0 |
Tyler Allen Secretary | OfficerTrustee | 3 | $0 |
Margaret Higgins Treasurer | OfficerTrustee | 3 | $0 |
Denise Lieland Board Member | Trustee | 3 | $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 | $391,631 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $391,631 |
| Total Program Service Revenue | $0 |
| Investment income | $547,238 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$240,302 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $698,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $319,435 |
| Grants and other assistance to domestic individuals. | $82,696 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,872 |
| Compensation of current officers, directors, key employees. | $28,655 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,971 |
| Pension plan accruals and contributions | $3,797 |
| Other employee benefits | $4,196 |
| Payroll taxes | $9,797 |
| 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 | $63,054 |
| Fees for services: Other | $12,971 |
| Advertising and promotion | $2,160 |
| Office expenses | $5,647 |
| Information technology | $12,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,783 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $122 |
| Insurance | $2,373 |
| All other expenses | $0 |
| Total functional expenses | $693,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $445,621 |
| Savings and temporary cash investments | $840,933 |
| 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 | $376 |
| Investments—publicly traded securities | $12,489,625 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,776,555 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $4,300 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $475,177 |
| 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 | $479,477 |
| Net assets without donor restrictions | $1,528,174 |
| Net assets with donor restrictions | $11,768,904 |
| 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 | $13,776,555 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Switzerland County Inc has awarded $207,884 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SWITZERLAND COUNTY SCHOOL CORPORATION PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $121,000 |
Vevay, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $25,000 |
SWITZERLAND COUNTY GOVERNMENT PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $24,100 |
VEVAY POLICE DEPARTMENT PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $9,952 |
Vevay, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $9,527 |
Batesville, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Community Foundation Of Switzerland County Inc has recieved totaling $33,555.
| Awarding Organization | Amount |
|---|---|
Vevay-Switzerland County Foundation Vevay, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $32,555 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 12/03/21 | $1,000 |
Endowment Analysis
| Beg. Balance | $15,762,942 |
| Earnings | -$2,646,920 |
| Admin Expense | $191,194 |
| Net Contributions | $321,412 |
| Other Expense | $155,399 |
| Grants | $288,090 |
| Ending Balance | $12,802,751 |
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 |