Community Foundation Of Frederick County Maryland Incorporated

Organization Overview

Community Foundation Of Frederick County Maryland Incorporated is located in Frederick, MD. The organization was established in 1987. 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 06/2022, Community Foundation Of Frederick County Maryland Incorporated employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Frederick County Maryland Incorporated 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 06/2022, Community Foundation Of Frederick County Maryland Incorporated generated $29.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $12.4m during the year ending 06/2022. While expenses have increased by 7.5% 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 Frederick County Maryland Incorporated has awarded 961 individual grants totaling $42,394,873. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

GENEROUS DONORS CREATE POSITIVE IMPACT IN THE LIVES OF FREDERICK COUNTY CITIZENS THROUGH GRANTS AND SCHOLARSHIPS. IN FY2022, GRANTS TOTALING $6,792,004 BENEFITED MANY NONPROFITS SERVING THE COMMUNITY, SUPPORTING THEIR CRITICAL PROGRAMS AND PROVIDING SERVICES TO THOUSANDS OF RESIDENTS. SCHOLARSHIPS FOR POST-SECONDARY STUDY (INCLUDING CAREER TRAINING) TOTALING $2,558,114 WERE AWARDED TO 514 STUDENTS. AS A RESULT, THE WELL-BEING, GROWTH, AND SUCCESS OF FREDERICK COUNTY CITZENS AND OUR COMMUNITY -AT-LARGE WERE IMPROVED, AND COMMUNITY MEMBERS WERE MOTIVATED TO PARTICIPATE IN COMMUNITY FOUNDATION INITIATIVES.

Describe the Organization's Program Activity:

STRATEGIC INITIATIVE GRANTS - THE COMMUNITY FOUNDATION IDENTIFIES COMMUNITY NEEDS THROUGH PERIODIC ASSESSMENTS AND, BASED UPON THESE FINDINGS, DETERMINES STRATEGIC PRIORITIES FOR ITS DISCRETIONARY GRANTMAKING. QUALIFIED 501C3 ORGANIZATIONS AND GOVERNMENT/QUASI-GOVERNMENT ENTITIES APPLYING FOR FUNDING PROGRAMS NOT NORMALLY PROVIDED THROUGH TAX REVENUE MAY APPLY FOR STRATEGIC FUNDING. APPLICANTS PARTICIPATE IN A RIGOROUS REVIEW PROCESS CONDUCTED BY THE COMMUNITY FOUNDATION'S VOLUNTEER GRANTS COMMITTEE. APPLICANTS MUST BE IN GOOD STANDING WITH ALL STATE AND FEDERAL REGISTRATIONS, AND MUST PROVIDE DESCRIPTIONS OF THEIR PROGRAMS, UNITS OF SERVICE, EXPECTED OUTCOMES, AND DETAILED FINANCIAL INFORMATION. REQUIRED REPORTS ENSURE ACCOUNTABILITY.


SCHOLARSHIPS-THE COMMUNITY FOUNDATION IS ONE OF THE LARGEST PROVIDERS OF SCHOLARSHIPS IN FREDERICK COUNTY, AND ADMINISTERS THE TRUMPOWER SCHOLARSHIPS FOR CARROLL COUNTY RESIDENTS. SCHOLARSHIPS ARE AWARDED TO INDIVIDUALS PURSUING EDUCATION PAST HIGH SCHOOL, INCLUDING TWO AND FOUR-YEAR COLLEGES AND UNIVERSITIES, TRADE AND TECHNICAL SCHOOLS, MASTERS AND DOCTORAL PROGRAMS, AND CERTIFICATIONS. STUDENTS MAY APPLY FOR SCHOLARSHIPS DURING ANY YEAR OF THEIR ACADEMIC CAREERS, INCLUDING NON-TRADITIONAL STUDENTS WHO DID NOT BEGIN THEIR POST-SECONDARY STUDIES IMMEDIATELY FOLLOWING HIGH SCHOOL. THE COMMUNITY FOUNDATION'S VOLUNTEER SCHOLARSHIP COMMITTEE REVIEWS ALL APPLICATIONS AND SELECTS RECIPIENTS THAT BEST MATCH THE CRITERIA SET FORTH BY THE DONOR WHEN THE SCHOLARSHIP FUND WAS ESTABLISHED. SCHOLARSHIPS ARE AVAILABLE FOR ALMOST ANY AREA OF STUDY, SOME DO NOT CONSIDER FINANCIAL NEED AS CRITERIA, AND SOME ARE RENEWABLE FOR ONE OR MORE YEARS. ADDITIONALLY, SOME SCHOLARSHIPS ARE OFFERED FOR STUDENTS AGES 6 TO 17 FOR MUSIC, INSTRUMENTAL, DANCE AND VOCAL INSTRUCTION AND SOME ARE OFFERED FOR YOUTH AGES 11 TO 18 FOR ATHLETIC PROGRAMS.


IMPACT GRANTS - THE COMMUNITY FOUNDATION ADMINISTERS GRANTS FROM FIELD OF INTEREST, DONOR-ADVISED AND DESIGNATED FUNDS ESTABLISHED BY DONORS WHO WANT TO CREATE IMPACT AND SUPPORT THEIR FAVORITE CAUSES. FIELD OF INTEREST FUND FOUNDERS SPECIFY GENERAL AREAS FOR THE COMMUNITY FOUNDATION TO DIRECT ITS GRANTMAKING, BUT NOT SPECIFIC NONPROFITS. DONOR-ADVISED FUND FOUNDERS RECOMMEND GRANTS FROM THEIR FUNDS, WITH THE COMMUNITY FOUNDATION BOARD OF TRUSTEES HAVING FINAL APPROVAL. GRANTS FROM DESIGNATED FUNDS SUPPORT THE COMMUNITY CAUSES IDENTIFIED IN THE AGREEMENT EXECUTED WHEN THE DONOR ESTABLISHED THE FUND WITH THE COMMUNITY FOUNDATION. ALL GRANTEES MUST BE IN GOOD STANDING WITH ALL STATE AND FEDERAL REGISTRATIONS AND SOME MUST PROVIDE DESCRIPTIONS OF THE IMPACT OF THEIR PROGRAMS AND REPORTS TO ENSURE ACCOUNTABILITY. GRANTS SUPPORT HEALTH AND HUMAN SERVICES, THE ARTS, FAITH-BASED ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, THE ENVIRONMENT, ANIMAL WELL-BEING, YOUTH PROGRAMS, ELDER CARE, HISTORIC PRESERVATION, AND OTHER COMMUNITY CAUSES.


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Board, Officers & Key Employees

Name (title)Compensation
Ashleigh Kiggans
Trustee
$0
Beatrice Reaver
Second Vice President
$0
Carlos Arze
Trustee
$0
Daniel Schiffman
Trustee
$0
Darryn Naylin
Trustee
$0
Detric Kemp
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $296,567
All other contributions, gifts, grants, and similar amounts not included above$17,000,633
Noncash contributions included in lines 1a–1f $594,916
Total Revenue from Contributions, Gifts, Grants & Similar$17,297,200
Total Program Service Revenue$0
Investment income $4,677,463
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,760,992
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,735,655

Grants Awarded

Over the last fiscal year, Community Foundation Of Frederick County Maryland Incorporated has awarded $7,169,877 in support to 130 organizations.

Grant RecipientAmount

A MOTHER'S REST CHARITABLE RESPITE FOUNDATION

PURPOSE: CAREGIVER RESPITE INN, THE TERRACE GUEST HOUSE

$17,557

AAVANEE

PURPOSE: WORKFORCE TRAINING AND PLACEMENT FOR ALICE HOUSEHOLDS

$20,000

ADVENTIST HEALTH CARE INC

PURPOSE: SHADY GROVE HOSPITAL UNRESTRICTED

$38,701

ADVOCATES FOR HOMELESS FAMILIES INC

PURPOSE: CASE MGR, TRANSPORTATION, CHILDCARE ASSIST, EMERGENCY FINANCIAL ASSIST, AFTER-SCHOOL AND SUMMER ACTIVITIES, RENT & UTILITIES, UNRESTRICTED

$69,301

ADVOCATES FOR THE AGING OF FREDERICK COUNTY MD INC

PURPOSE: SERVICE COORDINATION MODEL FOR LOW-INCOME SENIORS IN SINGLE-UNIT HOUSING, PROGRAMS TO HELP SENIORS AGE IN PLACE, GRAB BAR PROGRAM, UNRESTRICTED

$48,365

ALL SAINTS EPISCOPAL CHURCH

PURPOSE: BUILDING MAINTENANCE AND CAPITAL IMPROVEMENTS, UNRESTRICTED

$38,668
View Grant Profile

Peer Organizations

Organization NameAssets
Baltimore Community Foundation Inc
Baltimore, MD
$31,460,841
Charlottesville Area Community Foundation
Charlottesville, VA
$77,610,040
Delaware Community Foundation
Wilmington, DE
$37,470,416
Hampton Roads Community Foundation
Norfolk, VA
$22,135,120
Erie Community Foundation
Erie, PA
$68,689,242
Lancaster County Community Foundation
Lancaster, PA
$104,729,352
Community Foundation Of Greater Johnstown
Johnstown, PA
$30,548,742
Greater Kanawha Valley Foundation
Charleston, WV
$30,306,337
Community Foundation Of Frederick County Maryland Incorporated
Frederick, MD
$29,735,655
The Community Foundation For Northern Virginia Inc
Fairfax, VA
$10,934,222
Mid-Shore Community Foundation Inc
Easton, MD
$16,043,692
Community Foundation Of Western Pennsylvania And Eastern Ohio
Sharon, PA
$18,135,472
Berks County Community Foundation Inc
Reading, PA
$11,644,962
York County Community Foundation
York, PA
$17,313,520
Chester County Community Foundation Inc
West Chester, PA
$20,699,529
The Community Foundation Of Harrisonburg And Rockingham County
Harrisonburg, VA
$13,457,624
Lehigh Valley Community Foundation
Allentown, PA
$13,559,783
Scranton Area Foundation Inc
Scranton, PA
$12,477,836
The Community Foundation Of Howard County Inc
Columbia, MD
$3,115,031
First Community Foundation Partnership Of Pennsylvania
Williamsport, PA
$11,260,326
Community Foundation Of The Eastern Shore Inc
Salisbury, MD
$13,185,530
Community Foundation Serving Western Virginia
Roanoke, VA
$12,225,680
Community Foundation Of Anne Arundel County Inc
Annapolis, MD
$9,904,278
Commonwealth Charitable Management Inc
Montrose, PA
$8,581,803
Centre County Community Foundation Inc
State College, PA
$14,856,609

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