Community Foundation Of St Clair County
- Assets
- $104.4m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 16
- Location
- Port Huron, MI
- Founding
- 02/1945
- Data as of
- 12/2021
- EIN
- 38-1872132
Organization Overview
Community Foundation Of St Clair County is located in Port Huron, MI. The organization was established in 1945. 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 St Clair County employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of St Clair County 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, Community Foundation Of St Clair County generated $12.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $5.6m during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 7 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 2015, Community Foundation Of St Clair County has awarded 543 individual grants totaling $21,958,109. 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 SERVE THE CHARITABLE NEEDS AND ENHANCE THE QUALITY OF LIFE IN ST. CLAIR COUNTY BY PROVIDING THE MEANS TO ACHIEVE CHARITABLE GOALS, BUILD PERMANENT ENDOWMENTS AND SUPPORT THE ST CLAIR COUNTY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE FOR PART II LINE 22
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Cansfield Trustee | Trustee | 0.5 | $0 |
Joshua Chapman Trustee | Trustee | 0.5 | $0 |
James P Charron Trustee | Trustee | 0.5 | $0 |
Therese Damman Trustee | Trustee | 0.5 | $0 |
Sheri Faust Trustee | Trustee | 1 | $0 |
Don C Fletcher Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clarence A Phillips Inc Construction | 12/30/15 | $216,691 |
Walters Masonry Inc Masonry | 12/30/15 | $127,212 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,858,879 |
| Investment income | $1,814,814 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,064,427 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,853,407 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $447,091 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $317,424 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $545,380 |
| Pension plan accruals and contributions | $38,862 |
| Other employee benefits | $90,974 |
| Payroll taxes | $54,503 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $130 |
| Fees for services: Accounting | $35,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $345,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $79,888 |
| Office expenses | $28,859 |
| Information technology | $68,224 |
| Royalties | $0 |
| Occupancy | $43,364 |
| Travel | $1,291 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,850 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,489 |
| Insurance | $11,174 |
| All other expenses | $0 |
| Total functional expenses | $5,579,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,046,821 |
| Savings and temporary cash investments | $9,940,457 |
| Pledges and grants receivable | $116,857 |
| Accounts receivable, net | $436,619 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $909,717 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,488 |
| Investments—publicly traded securities | $89,729,444 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $246,180 |
| Total assets | $104,432,445 |
| Accounts payable and accrued expenses | $127,815 |
| Grants payable | $4,106,138 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $17,086,132 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $58,266 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,378,351 |
| Net assets without donor restrictions | $83,054,094 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $83,054,094 |
Grants Awarded
Over the last fiscal year, Community Foundation Of St Clair County has awarded $2,836,020 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
RESTORATION CHRISTIAN COMMUNITY CHURCH PURPOSE: CREATIVE & PERFORMING ARTS/YOUTH & YOUNG ADULT/FOOD & READING PROGRAMS | $12,500 |
PORT HURON BRANCH NAACP PURPOSE: GENERAL SUPPORT/ANNUAL BANQUET/SOUTHSIDE MUSIC FESTIVAL | $7,200 |
A BEAUTIFUL ME PURPOSE: GENERAL SUPPORT/TRAINING SPACE/WORKSHOP/CLOTHES CLOSET | $20,385 |
LITERACY AND BEYOND INC PURPOSE: 2GEN COLLEGE & CAREER | $27,760 |
ENTER STAGE RIGHT PURPOSE: GENERAL SUPPORT/COMMUNITY PARTNER THEATRE FESTIVAL | $10,000 |
INTERNATIONAL SYMPHONY ORCHESTRA PURPOSE: GENERAL SUPPORT | $16,884 |