Truman Heartland Community Foundation is located in Independence, MO. The organization was established in 1983. 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, Truman Heartland Community Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Truman Heartland 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, Truman Heartland Community Foundation generated $25.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $6.8m during the year ending 12/2021. While expenses have increased by 6.8% 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 2014, Truman Heartland Community Foundation has awarded 969 individual grants totaling $23,899,513. 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
THE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO IMROVE THE LIVES OF EASTERN JACKSON COUNTY MISSOURI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR NEARLY 40 YEARS, TRUMAN HEARTLAND COMMUNITY FOUNDATION HAS DEMONSTRATED THE EFFECT OF PRIVATE GIVING FOR THE PUBLIC GOOD IN EASTERN JACKSON COUNTY AND SURROUNDING COMMUNITIES. ALTHOUGH 2021 PRESENTED MANY CHALLENGES DUE TO THE CONTINUING WAVES OF COVID-19, OUR COMMUNITIES DEMONSTRATED A LEVEL OF GENEROSITY THAT WARRANTS CELEBRATION. GRANTS MADE FROM ALL FUNDS, INCLUDING DONOR ADVISED FUNDS, SCHOLARSHIPS, AND THE ANNUAL COMMUNITY GRANTS PROGRAM, REACHED AN ALL-TIME HIGH OF $5.9 MILLION. THERE ARE NOW MORE THAN 800 FUNDS, INCLUDING A RECORD 64 NEW FUNDS ESTABLISHED IN 2021, HELD AT THCF.THE ANNUAL GRANTS COMMITTEE, INCLUDING REPRESENTATIVES FROM THE FOUR ADVISORY BOARDS AND YOUTH ADVISORY COUNCIL, AWARDED 61 GRANTS TO NONPROFIT ORGANIZATIONS PERTAINING TO HEALTH AND WELFARE, ARTS AND CULTURE, COMMUNITY BETTERMENT, EDUCATION, AND MISSOURI WILDLIFE CONSERVATION TOTALING $427,323. SCHOLARSHIPS TOTALING 343 WERE AWARDED TO 241 INDIVIDUALS, INCLUDING HIGH SCHOOL SENIORS, UNDERGRADUATE, GRADUATE, AND TECHNICAL STUDENTS, TOTALING $536,192 TO SUPPORT CONTINUING EDUCATION. THE 126 SCHOLARSHIP FUNDS WERE CREATED THROUGH DONORS' DEDICATION AND GIVING.THE HEARTLAND LEGACY SOCIETY GREW TO NEARLY 180 MEMBERS IN 2021. THROUGH CAREFUL PLANNING, MEMBERS OF THIS SPECIAL GROUP HAVE MADE PROVISIONS IN THEIR ESTATE TO BENEFIT CHARITY. RATHER THAN MAKING A ONE-TIME FINAL GIFT TO CHARITY, LEGACY SOCIETY MEMBERS PLAN FOR FUTURE CONTRIBUTIONS TO BE ADDED TO AN EXISTING DAF OR TO ESTABLISH A NEW FUND FROM THE LEGACY GIFT. OUR MEMBERS FIND COMFORT IN KNOWING THEY WILL LEAVE BEHIND A LEGACY OF THOUGHTFUL PHILANTHROPY THAT WILL CONTINUE FOR YEARS TO COME.THANKS TO MORE THAN $125,000 IN FUNDHOLDER CONTRIBUTIONS, THE JOB SKILLS FOR NEW CAREERS INITIATIVE IMPROVED THE ECONOMIC STATUS OF 94 EASTERN JACKSON COUNTY PARTICIPANTS BY PROVIDING THEM WITH A PATHWAY TO HIGHER-PAYING, IN-DEMAND CAREERS THROUGH JOB SKILLS TRAINING, FINANCIAL COACHING, AND MENTORSHIP. JOB SKILLS FOR NEW CAREERS IS A COLLABORATION OF FOUR KEY ORGANIZATIONS: COMMUNITY SERVICES LEAGUE, KC SCHOLARS, MID-CONTINENT PUBLIC LIBRARY, AND THE UNIVERSITY OF CENTRAL MISSOURI. BY UTILIZING EACH ORGANIZATION'S UNIQUE ASSETS, APPLICANTS RECEIVED FREE TRAINING IN FIELDS THAT PAY LIVING WAGES AND CONTINUE TO BE IN HIGH DEMAND IN OUR REGION, INCLUDING HEALTHCARE AND SKILLED INDUSTRIAL TRADES.THE THCF YOUTH ADVISORY COUNCIL (YAC) INCLUDED 60 STUDENTS FROM 12 LOCAL HIGH SCHOOLS. IN YAC, OUR "SCHOOL OF PHILANTHROPY," STUDENTS LEARN ABOUT PHILANTHROPY AND GAIN HANDS-ON EXPERIENCE IN FUNDRAISING, GRANTMAKING, AND VOLUNTEERISM. YAC HOSTED ITS ANNUAL FUNDRAISER IN MARCH 2021, A DRIVE-IN MOVIE EVENT, "WHEELS AND REELS." THE PROCEEDS FROM THE FUNDRAISER BENEFITTED THE YAC ENDOWMENT FUND TO INCREASE YAC'S GRANTMAKING TO AREA NONPROFITS AS PART OF THE FOUNDATION'S ANNUAL GRANTS PROGRAM. IN APRIL 2021, YAC HELD ITS ANNUAL "FILL THOSE TRUCKS" FOOD DRIVE, BENEFITTING COMMUNITY SERVICES LEAGUE, LEE'S SUMMIT SOCIAL SERVICES, AND RAYTOWN EMERGENCY ASSISTANCE PROGRAM. THE AGENCIES RECEIVED MULTIPLE BOX TRUCK LOADS OF PANTRY STAPLES TO SUPPORT THEIR FOOD-INSECURE CLIENTELE. IN NOVEMBER 2021, YAC PARTICIPATED IN A GROUP VOLUNTEERING ACTIVITY WITH SLEEP IN HEAVENLY PEACE, AN AGENCY WHOSE MISSION IS TO BUILD BEDS FOR CHILDREN IN THE COMMUNITY IN NEED. YAC WAS ABLE TO BUILD 40 BEDS THAT DAY, THE SUPPLIES FOR WHICH WERE PURCHASED WITH GRANT FUNDING PROVIDED BY YAC IN NOVEMBER 2019 (THE BUILD DAY WAS DELAYED BY COVID-19). THE TOAST TO OUR TOWNS GALA COMMITTEE, CHAIRED BY LINDA GERDING, WAS EXCITED TO HAVE A LIVE GALA EVENT AGAIN IN 2021. DRESSED TO THE NINES AND WEARING OUR MASKS, WE GATHERED TO CELEBRATE THE EXTRAORDINARY PEOPLE WHO HAVE DEDICATED THEMSELVES TO EASTERN JACKSON COUNTY AND THE SURROUNDING COMMUNITIES. THIS YEAR'S EVENT SHOW CASED THE FOUNDATION'S WORK IN THE COMMUNITY, HIGHLIGHTING THOSE INDIVIDUALS AND BUSINESSES MAKING SIGNIFICANT COMMUNITY CONTRIBUTIONS. IN SPECIAL RECOGNITION OF THE VALENT EFFORTS OF ALL OUR HEALTHCARE WORKERS DURING THE PANDEMIC, THCF HONORED SIX LOCAL HEALTHCARE HEROES WITH HEARTLAND SERVICE AWARDS FOR THEIR EFFORTS TO KEEP OUR COMMUNITIES HEALTHY AND SAFE. EARNINGS GOALS FOR THE GALA FAR EXCEEDED EXPECTATIONS IN 2021, AND THE PROCEEDS WERE USED FOR GENERAL OPERATING EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phillip J Hanson President/ceo | Officer | 40 | $158,500 |
Bridget Stoppelman CFO | Officer | 40 | $89,484 |
Steve Potter Chair | OfficerTrustee | 2 | $0 |
Karen Schuler Vice Chair | OfficerTrustee | 2 | $0 |
Jeff Walters Treasurer | OfficerTrustee | 2 | $0 |
Melanie Moentman Past Chair | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $162,636 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $22,437,910 |
Noncash contributions included in lines 1a–1f | $5,616,619 |
Total Revenue from Contributions, Gifts, Grants & Similar | $22,600,546 |
Total Program Service Revenue | $0 |
Investment income | $1,587,992 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $751,137 |
Net Income from Fundraising Events | $19,673 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,771,089 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $4,714,309 |
Grants and other assistance to domestic individuals. | $500,180 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $259,045 |
Compensation of current officers, directors, key employees. | $114,181 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $294,087 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $45,422 |
Payroll taxes | $37,352 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $27,077 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $665,444 |
Fees for services: Other | $0 |
Advertising and promotion | $43,543 |
Office expenses | $11,419 |
Information technology | $54,118 |
Royalties | $0 |
Occupancy | $24,813 |
Travel | $1,444 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,235 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,703 |
Insurance | $11,413 |
All other expenses | $0 |
Total functional expenses | $6,756,786 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,316,798 |
Savings and temporary cash investments | $3,831,878 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $197,687 |
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 | $5,260 |
Net Land, buildings, and equipment | $263,507 |
Investments—publicly traded securities | $80,236,060 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $85,851,190 |
Accounts payable and accrued expenses | $67,668 |
Grants payable | $0 |
Deferred revenue | $3,111 |
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 | $14,338,821 |
Total liabilities | $14,409,600 |
Net assets without donor restrictions | $68,914,647 |
Net assets with donor restrictions | $2,526,943 |
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 | $85,851,190 |
Over the last fiscal year, Truman Heartland Community Foundation has awarded $4,856,826 in support to 175 organizations.
Grant Recipient | Amount |
---|---|
FELLOWSHIP BIBLE CHURCH PURPOSE: GENERAL SUPPORT | $394,000 |
SYMETRA LIFE INSURANCE PURPOSE: LIFE INSURANCE PAYMENT | $295,000 |
Lees Summit, MO PURPOSE: GENERAL SUPPORT | $285,032 |
Independence, MO PURPOSE: GENERAL SUPPORT | $252,300 |
PROTECTIVE LIFE INSURANCE COMPANY PURPOSE: LIFE INSURANCE PAYMENT | $235,000 |
Independence, MO PURPOSE: GENERAL SUPPORT | $174,850 |
Over the last fiscal year, we have identified 1 grants that Truman Heartland Community Foundation has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Louetta M Cowden Foundation Dallas, TX PURPOSE: SUPPORT "COMMUNITY THROUGH | $25,000 |
Beg. Balance | $33,920,194 |
Earnings | $4,872,272 |
Admin Expense | $498,518 |
Net Contributions | $5,247,247 |
Other Expense | $1,112 |
Grants | $1,299,068 |
Ending Balance | $42,241,015 |
Organization Name | Assets | Revenue |
---|---|---|
Jewish Community Foundation Of Greater Kansas City Overland Park, KS | $291,884,746 | $15,071,209 |
Greater Salina Community Foundation Salina, KS | $322,187,245 | $17,442,186 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Excellerate Foundation Rogers, AR | $1,422,117 | $18,582,776 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Greater Manhattan Community Foundation Manhattan, KS | $138,440,801 | $66,806,194 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
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 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Hutchinson Community Foundation Hutchinson, KS | $99,932,573 | $30,609,087 |