The Community Foundation Of Howard County Inc is located in Columbia, MD. The organization was established in 1972. 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 Howard County Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Howard County Inc 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, Community Foundation Of Howard County Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $8.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Community Foundation Of Howard County Inc has awarded 486 individual grants totaling $16,361,946. 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
INSPIRING LIFE-LONG GIVING AND CONNECTING PEOPLE, PLACES AND PEOPLE, PLACES, AND ORGANIZATIONS TO WORTHY CAUSES ACROSS HOWARD COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING - TO SUPPORT HUMAN SERVICES, CULTURE AND CIVIC ORGANIZATIONS NECESSARY TO SUPPORT THE COMMUNITY OF HOWARD COUNTY, MARYLAND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Regina Clay Trustee | Trustee | 1 | $0 |
Carlos Rodriguez Trustee | Trustee | 1 | $0 |
Chip Doetsch Trustee | Trustee | 1 | $0 |
Lisa Edwards Trustee | Trustee | 1 | $0 |
Khalid Abedin Trustee | Trustee | 1 | $0 |
Sang W Oh ESQ Trustee | Trustee | 1 | $0 |
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 | $3,083,442 |
Noncash contributions included in lines 1a–1f | $138,017 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,083,442 |
Total Program Service Revenue | $0 |
Investment income | $634,511 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $51,400 |
Net Gain/Loss on Asset Sales | -$747,457 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,115,031 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,874,640 |
Grants and other assistance to domestic individuals. | $89,550 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $172,610 |
Compensation of current officers, directors, key employees. | $51,783 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $333,808 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $30,468 |
Payroll taxes | $37,570 |
Fees for services: Management | $23,945 |
Fees for services: Legal | $6,058 |
Fees for services: Accounting | $62,795 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $45,126 |
Office expenses | $29,586 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $90,400 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $30,284 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,704 |
Insurance | $1,451 |
All other expenses | $0 |
Total functional expenses | $7,988,172 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $402,286 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $410,338 |
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 | $334,354 |
Net Land, buildings, and equipment | $932,518 |
Investments—publicly traded securities | $27,769,996 |
Investments—other securities | $1,286,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $31,135,492 |
Accounts payable and accrued expenses | $10,123 |
Grants payable | $94,185 |
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 | $104,308 |
Net assets without donor restrictions | $31,031,184 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $31,135,492 |
Over the last fiscal year, The Community Foundation Of Howard County Inc has awarded $6,623,198 in support to 56 organizations.
Grant Recipient | Amount |
---|---|
AKSHAYA PATRA FOUNDATION USA PURPOSE: COMMUNITY GRANT | $105,307 |
BALTIMORE ANIMAL RESCUE AND CARE SHELTER PURPOSE: COMMUNITY GRANT | $10,000 |
ASSOCIATION OF COMMUNITY SERVICES OF HOWARD COUNTY PURPOSE: HUMAN SERVICE | $6,500 |
BRIDGES TO HOUSING STABILITY PURPOSE: HOUSING, SHELTER | $17,000 |
BALTIMORE CHORAL ARTS SOCIETY INC PURPOSE: ARTS, CULTURE | $6,000 |
CENTRAL MARYLAND CHAMBER OF COMMERCE PURPOSE: DISASTER RELIEF | $33,000 |