Southern Illinois Community Foundation
- Assets
- $3.6m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 3
- Location
- Marion, IL
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 37-1373067
Organization Overview
Southern Illinois Community Foundation is located in Marion, IL. 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, Southern Illinois Community Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Illinois Community Foundation 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, Southern Illinois Community Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 41.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND ENCOURAGE PRIVATE PHILANTHROPIC GIVING TO IMPROVE COMMUNITIES OF THE SOUTHERN ILLINOIS REGION BY CONNECTING CHARITABLE DONORS WITH WORTHY CAUSES AND TO BUILD ENDOWMENT FUNDS THAT WILL SUPPORT THOSE WORTHY CAUSES IN PERPETUITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER AND ENCOURAGE PRIVATE PHILANTHROPIC GIVING TO IMPROVE COMMUNITIES OF THE SOUTHERN ILLINOIS REGION BY CONNECTING CHARITABLE DONORS WITH WORTHY CAUSES AND TO BUILD ENDOWMENT FUNDS THAT WILL SUPPORT THOSE WORTHY CAUSES IN PERPETUITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Byram Fager Executive Director | Officer | 40 | $60,385 |
Maggie Flanagan Dir. President | OfficerTrustee | 3 | $0 |
Kay Weatherford Dir. Vice President | OfficerTrustee | 2 | $0 |
John Daly Dir. Treasurer | OfficerTrustee | 2 | $0 |
Dan Huffman Dir. Secretary | OfficerTrustee | 2 | $0 |
Larry Busch Director | 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 | $1,463,705 |
| Noncash contributions included in lines 1a–1f | $391,621 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,463,705 |
| Total Program Service Revenue | $107,113 |
| Investment income | $147,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,776,155 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,325 |
| Compensation of current officers, directors, key employees. | $60,325 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,670 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,279 |
| Fees for services: Management | $3,878 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $87,300 |
| Fees for services: Other | $3,482 |
| Advertising and promotion | $1,012 |
| Office expenses | $5,231 |
| Information technology | $7,644 |
| Royalties | $0 |
| Occupancy | $3,750 |
| Travel | $52 |
| 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 | $0 |
| Insurance | $3,538 |
| All other expenses | $0 |
| Total functional expenses | $1,366,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $537,258 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,000 |
| Accounts receivable, net | $58,161 |
| 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 | $0 |
| Investments—publicly traded securities | $3,001,585 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,598,004 |
| Accounts payable and accrued expenses | $17,086 |
| Grants payable | $130,424 |
| 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 | $0 |
| Total liabilities | $147,510 |
| Net assets without donor restrictions | $203,374 |
| Net assets with donor restrictions | $3,247,120 |
| 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 | $3,598,004 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southern Illinois Community Foundation has recieved totaling $10,112.
| Awarding Organization | Amount |
|---|---|
Southern Illinois Hospital Services Carbondale, IL PURPOSE: GENERAL PROGRAM FUNDING | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $112 |
Endowment Analysis
| Beg. Balance | $1,545,225 |
| Earnings | $189,908 |
| Admin Expense | $28,551 |
| Net Contributions | $37,526 |
| Grants | $62,472 |
| Ending Balance | $1,681,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
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 Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
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 Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |