Idaho Community Foundation Inc
- Assets
- $229.0m
- Revenue
- $20.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Boise, ID
- Founding
- 04/1993
- Data as of
- 12/2023
- EIN
- 82-0425063
Organization Overview
Idaho Community Foundation Inc is located in Boise, ID. The organization was established in 1993. 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 12/2023, Idaho Community Foundation Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Community Foundation 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 12/2023, Idaho Community Foundation Inc generated $20.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $13.9m during the year ending 12/2023. While expenses have increased by 0.0% per year over the past 8 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 2016, Idaho Community Foundation Inc has awarded 2,103 individual grants totaling $62,892,234. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE QUALITY OF LIFE THROUGHOUT IDAHO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MORE THAN 755 ORGANIZATIONS OPERATING PRIMARILY WITHIN THE STATE OF IDAHO WERE THE RECIPIENTS OF GRANTS. OVER 1,500 INDIVIDUAL GRANTS WERE AWARDED TO PROVIDE SUPPORT FOR GENERAL OPERATIONS AND SPECIFIC PROJECTS. OF THESE ALMOST 470 WERE AWARDED FOR EDUCATIONAL AND ECONOMIC OPPORTUNITIES, OVER 350 FOR HEALTH AND WELLNESS, OVER 230 FOR COMMUNITY BENEFIT, OVER 210 FOR HOUSING STABILITY, ALMOST 180 FOR ARTS AND CULTURE AND ALMOST 90 FOR ENVIRONMENT AND ANIMAL WELFARE.
178 EDUCATIONAL SCHOLARSHIPS TOTALING $509,303 WERE PROVIDED DIRECTLY TO EDUCATIONAL INSTITUTIONS FOR THE BENEFIT OF SPECIFIC INDIVIDUALS. THESE SCHOLARSHIPS WERE AWARDED THROUGH COMPETITIVE PROGRAMS. AN ADDITIONAL $220,116 WAS GRANTED TO INSTITUTIONS TO PROVIDE SCHOLARSHIPS TO THEIR STUDENTS AS DETERMINED THROUGH THEIR OWN SCHOLARSHIP PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candi Allphin Past Chair | OfficerTrustee | 1 | $0 |
Mary Jo Ambrosiani Director | Trustee | 1 | $0 |
Curry Andrews Director | Trustee | 1 | $0 |
Steve Carr Director | Trustee | 1 | $0 |
Frances Ellsworth Director | Trustee | 1 | $0 |
Ron Gallegos Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $57,810 |
| Fundraising events | $33,735 |
| Related organizations | $644,008 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,096,191 |
| Noncash contributions included in lines 1a–1f | $3,505,017 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,831,744 |
| Total Program Service Revenue | $0 |
| Investment income | $4,364,393 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,083,286 |
| Net Income from Fundraising Events | -$20,561 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,258,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,780,521 |
| Grants and other assistance to domestic individuals. | $509,303 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $401,000 |
| Compensation of current officers, directors, key employees. | $246,190 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,101,737 |
| Pension plan accruals and contributions | $30,384 |
| Other employee benefits | $183,509 |
| Payroll taxes | $114,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,508 |
| Fees for services: Accounting | $30,019 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $205,168 |
| Fees for services: Other | $3,320 |
| Advertising and promotion | $62,181 |
| Office expenses | $44,724 |
| Information technology | $142,825 |
| Royalties | $0 |
| Occupancy | $11,315 |
| Travel | $72,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,536 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,956 |
| Insurance | $63,280 |
| All other expenses | $0 |
| Total functional expenses | $13,858,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,285 |
| Savings and temporary cash investments | $11,510,268 |
| Pledges and grants receivable | $8,700 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $103,967 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,607 |
| Net Land, buildings, and equipment | $536,769 |
| Investments—publicly traded securities | $215,778,911 |
| Investments—other securities | $0 |
| Investments—program-related | $350,920 |
| Intangible assets | $0 |
| Other assets | $164,029 |
| Total assets | $229,038,456 |
| Accounts payable and accrued expenses | $273,287 |
| Grants payable | $0 |
| 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 | $273,287 |
| Net assets without donor restrictions | $228,652,502 |
| Net assets with donor restrictions | $112,667 |
| 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 | $229,038,456 |
Grants Awarded
Over the last fiscal year, Idaho Community Foundation Inc has awarded $9,904,802 in support to 316 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCATES AGAINST FAMILY VIOLENCE INC PURPOSE: SUPPORT GENERAL OPERATIONS FOR HEALTH AND WELLNESS | $23,000 |
ADVOCATES FOR SURVIVORS OF DOMESTIC VIOLENCE INCORPORATED PURPOSE: SUPPORT GENERAL OPERATIONS FOR HEALTH AND WELLNESS | $66,350 |
AMERICAN HEART ASSOCIATION DES MOINES PURPOSE: SUPPORT THE AMERICAN HEART CHALLENGE AT TIMBERLINE HIGH SCHOOL | $8,000 |
ADVOCATES FOR THE WEST INC PURPOSE: SUPPORT GENERAL OPERATIONS FOR ENVIRONMENT AND ANIMAL WELFARE | $10,547 |
AMERICAN RED CROSS - GREATER IDAHO CHAPTER PURPOSE: SUPPORT GENERAL OPERATIONS FOR HEALTH AND WELLNESS | $8,500 |
ARBON ELEMENTARY SCHOOL DISTRICT PURPOSE: IMPROVE THE PLAYGROUND AND OUTDOOR AREA | $12,000 |