Old Capitol Foundation
- Assets
- $8.7m
- Revenue
- $455.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Vandalia, IL
- Founding
- 10/2000
- Data as of
- 12/2022
- EIN
- 37-1400797
Organization Overview
Old Capitol Foundation is located in Vandalia, IL. The organization was established in 2000. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Capitol 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 12/2022, Old Capitol Foundation generated $455.5k 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 (3.6%) each year. All expenses for the organization totaled $455.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Old Capitol Foundation has awarded 76 individual grants totaling $2,993,286. 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
DEDICATED TO THE FURTHERANCE OF CHARITABLE AND EDUCATIONAL OPPORTUNITIES WITHIN THE LOCAL VANDALIA/FAYETTE COUNTY AREA, AND THOSE AREAS IMMEDIATELY ADJACENT THERETO. WE ARE THE OLD CAPITOL FOUNDATION. A COMMUNITY FOUNDATION WHOSE PURPOSE IS TO BRING DONORS AND LOCAL NEEDS TOGETHER. OCF MAKES GRANTS IN VIRTUALLY EVERY FIELD OF INTEREST: ART AND CULTURE, COMMUNITY DEVELOPMENT, EDUCATION, HUMAN SERVICE AND YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTING OF EDUCATIONAL SCHOLARSHIPS, MEDICAL GRANTS AND GRANTS TO EDUCATIONAL FACILITIES AND OTHER CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Jolliff Fnb Trustee Trustee Sec/ | 4 | $59,784 | |
Rick Gottman President | OfficerTrustee | $0 | |
Stephen Knebel Vice Preside | OfficerTrustee | $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 | $170,902 |
| Noncash contributions included in lines 1a–1f | $6,188 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,902 |
| Total Program Service Revenue | $0 |
| Investment income | $231,703 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,002 |
| Net Income from Fundraising Events | $27,585 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $455,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $276,310 |
| Grants and other assistance to domestic individuals. | $92,633 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $59,784 |
| Compensation of current officers, directors, key employees. | $59,784 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,967 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,750 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,368 |
| All other expenses | $0 |
| Total functional expenses | $455,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,449 |
| Savings and temporary cash investments | $383,134 |
| 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 | $0 |
| Investments—publicly traded securities | $8,269,289 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,657,872 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $3,391,621 |
| Net assets with donor restrictions | $5,266,251 |
| 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 | $8,657,872 |
Grants Awarded
Over the last fiscal year, Old Capitol Foundation has awarded $245,314 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF VANDALIA PURPOSE: FIRE DEPARTMENT GRAN | $43,000 |
VANDALIA PARK DISTRICT PURPOSE: SIMMA PARK | $14,780 |
FAYETTE COUNTY CEO PURPOSE: CEO SUPPLIES | $45,820 |
VANDALIA STATEHOUES PURPOSE: STATE HOUSE FUNCTION | $11,088 |
VANDALIA SCHOOL DISTRICT 203 PURPOSE: NOURISHING GREATNESS | $6,654 |
KINMUNDY BASEBALL FIELD PURPOSE: FIELD IMPROVEMENTS | $73,972 |