Hutchinson Community Foundation
- Assets
- $86.2m
- Revenue
- $6.9m
- Investments
- $181.6k
- Employees
- 9
- Location
- Hutchinson, KS
- Founding
- 01/1990
- Data as of
- 12/2022
- EIN
- 48-1076910
Organization Overview
Hutchinson Community Foundation is located in Hutchinson, KS. The organization was established in 1990. 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, Hutchinson Community Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hutchinson 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 12/2022, Hutchinson Community Foundation generated $6.9m 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 (3.1%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hutchinson Community Foundation has awarded 777 individual grants totaling $41,880,200. 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
INSPIRE PHILANTHROPY, COLLABORATION & INNOVATIVE LEADERSHIP TO STRENGTHEN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND ALLOCATIONS TO CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Esmeralda Tovar-Mora Director | Trustee | 1 | $0 |
Dashona Mahoney Vice-Chair | OfficerTrustee | 2 | $0 |
Steve Dillon Director | Trustee | 1 | $0 |
Michelle Inskeep Director | Trustee | 1 | $0 |
Lisa French Chair | OfficerTrustee | 3 | $0 |
Daniel Friesen 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 | $5,388,090 |
| Noncash contributions included in lines 1a–1f | $2,970,174 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,388,090 |
| Total Program Service Revenue | $0 |
| Investment income | $1,164,801 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $355,121 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,908,012 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,900,439 |
| Grants and other assistance to domestic individuals. | $63,871 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $273,164 |
| Compensation of current officers, directors, key employees. | $196,810 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $359,382 |
| Pension plan accruals and contributions | $10,631 |
| Other employee benefits | $26,869 |
| Payroll taxes | $44,314 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40 |
| Fees for services: Accounting | $17,799 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $142,513 |
| Advertising and promotion | $63,531 |
| Office expenses | $15,193 |
| Information technology | $99,946 |
| Royalties | $0 |
| Occupancy | $68,290 |
| Travel | $1,635 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,512 |
| Interest | $0 |
| Payments to affiliates | $5,825 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,859 |
| All other expenses | $0 |
| Total functional expenses | $5,137,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,791,414 |
| Pledges and grants receivable | $108,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $168,350 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $456,594 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $507,387 |
| Investments—publicly traded securities | $78,809,923 |
| Investments—other securities | $181,587 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $164,059 |
| Total assets | $86,187,314 |
| Accounts payable and accrued expenses | $100,923 |
| Grants payable | $250,500 |
| 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 | $57,392 |
| Total liabilities | $408,815 |
| Net assets without donor restrictions | $80,981,973 |
| Net assets with donor restrictions | $4,796,526 |
| 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 | $86,187,314 |
Grants Awarded
Over the last fiscal year, Hutchinson Community Foundation has awarded $3,647,020 in support to 93 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: MEDICAL RESEARCH | $10,766 |
AMERICAN CANCER SOCIETY PURPOSE: MEDICAL RESEARCH | $21,631 |
AMERICAN RED CROSS SERVING MIDWAY-KANSAS PURPOSE: HUMAN SERVICES | $47,425 |
ANDOVER LUTHERAN CHURCH PURPOSE: RELIGION | $5,500 |
BISHOP SEABURY ACADEMY PURPOSE: EDUCATION | $48,000 |
BOYS & GIRLS CLUBS OF HUTCHINSON PURPOSE: YOUTH DEVELOPMENT | $77,348 |