Pontiac Community Foundation Inc is located in Pontiac, MI. The organization was established in 2019. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Pontiac Community Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pontiac 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 12/2021, Pontiac Community Foundation Inc generated $963.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 69.5% each year . All expenses for the organization totaled $611.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PONTIAC COMMUNITY FOUNDATION (PCF) IS AN INDEPENDENT 501 (C)(3) ORGANIZATION, DEDICATED TO ENGAGING THOUGHT LEADERSHIP, STRATEGIC COLLABORATION, AND THE SPIRIT OF INGENUITY AND INNOVATION, TO TACKLE PONTIACS MOST PRESSING ISSUES. IN SHORT, WE ARE DOING ALL WE CAN TO LEAVE A BETTER PONTIAC FOR THE NEXT GENERATION. AS PONTIACS COMMUNITY FOUNDATION, WE ALSO EMPOWER AND ACCELERATE THE COMMUNITY THROUGH GRANT-MAKING INITIATIVES AND STEWARDING PERMANENT FINANCIAL ASSETS FOR THE LONG-TERM VIABILITY OF THE CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PONTIAC COMMUNITY FOUNDATION (PCF) HAS RAISED 350K OF THE 400K BUDGET FOR MATTIE MCKINNEY HATCHETT PARK REDEVELOPMENT PROJECT. CONSTRUCTION ON THE PROJECT IS SLATED TO BE FINISHED IN SPRING 2023. PONTIAC OPEN STREETS ENGAGED 352 PONTIAC RESIDENTS WITH AN OUTLET FOR PHYSICAL ACTIVITY AND OPPORTUNITY FOR YOUTH INTERACTION. CENTER FOR PONTIAC ENTREPRENEURSHIP (CFPE) PARTNERED WITH T. RAMSEY AND ASSOCIATES TO OFFER 3 "ENTREPRENEURSHIP 101" COURSES TO 44 SMALL BUSINESS OWNERS IN THE CITY OF PONTIAC. CFPE PROVIDED TEN (10) SMALL BUSINESS GRANTS OF 2,500 IN JUNE 2021 AND 5 GRANTS OF 5,000 IN OCTOBER 2021. PCF WAS ONE OF TWO ORGANIZATIONS ACROSS THE STATE OF MICHIGAN AND 52 NATIONALLY THAT RECEIVED THE FIRST EVER GRANT AWARD AS PART OF THE SMALL BUSINESS ADMINISTRATION'S COMMUNITY NAVIGATOR PILOT PROGRAM. THIS AWARD WILL BRING 1M TO THE CITY OF PONTIAC THROUGH A "HUB AND SPOKE" MODEL BENEFITTING COMMUNITY PARTNERS. IN DECEMBER 2021, PARTICIPATING PONTIAC NONPROFITS WERE GIVEN THE TOOLS AND RESOURCES NECESSARY TO ENGAGE COMMUNITY MEMBERS IN CROWDFUNDING VIA THE PONTIAC IMPACT CHALLENGE. AS A RESULT OF THE IMPACT CHALLENGE, 61,243 WAS INVESTED IN PONTIAC NONPROFITS. PCF ACQUIRED TWO 13-PASSENGER VEHICLES FOR OUR M1 MOBILITY TRANSPORTATION INITIATIVE. FROM NOVEMBER 1, 2021 TO THE END OF THE YEAR, THIS INITIATIVE PROVIDED TRANSPORTATION FOR AFTER-SCHOOL PROGRAMMING FOR ACCENT PONTIAC STUDENTS FOR MORE THAN 75 RIDES. MEMBERS OF THE TASK FORCE ON RACIAL HEALTH INEQUITIES MET REGULARLY FROM FEBRUARY THROUGH NOVEMBER 2021 TO IDENTIFY FOCUS AREAS (POVERTY, EXPOSURE TO TRAUMA/VIOLENCE, AND SUPPORT SYSTEMS), DISCUSS GOALS, AND DEVELOP ACTION STEPS TO TACKLE MAJOR SYSTEMIC INEQUITIES IN THE CITY OF PONTIAC. PCF, IN PARTNERSHIP WITH CHIEF FINANCIAL CREDIT UNION, AWARDED TWO SCHOLARSHIPS TO PARTICIPATE IN LEADERSHIP OAKLAND 2021. PCF DEVELOPED A PONTIAC ELECTIONS WEBSITE (HTTPS://WWW.PONTIACELECTIONS.COM) AS AN INFORMATIONAL GUIDE FOR VOTERS AS THEY SEEK TO EXPRESS THEIR CIVIC DUTY. BILLBOARDS ENCOURAGING PONTIAC RESIDENTS TO VOTE WERE LOCATED ON SAGINAW AND OAKLAND AVENUE, AT THE INTERSECTION OF AUBURN AND OPDYKE ROADS, ON BALDWIN AVENUE NEAR LONGFELLOW, ON SAGINAW AND MONTCALM, AND JOSLYN AVENUE AND FIRST STREET. AS A RESULT, MORE THAN 7,500 REGISTERED VOTERS CAST THEIR BALLOT FOR THE 2021 PONTIAC MUNICIPAL ELECTION, AN INCREASE OF APPROXIMATELY 2,000 VOTERS FROM PREVIOUS MUNICIPAL ELECTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dustin Mcclellan President | Officer | 40 | $95,499 |
Gill Garrett Treasurer | OfficerTrustee | 1 | $0 |
Adam Smart Secretary | Officer | 1 | $0 |
Cheryl Boodram Director | Trustee | 1 | $0 |
Kathalee James Director | Trustee | 1 | $0 |
Frederick Livingston Director | 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 | $953,025 |
Noncash contributions included in lines 1a–1f | $35,436 |
Total Revenue from Contributions, Gifts, Grants & Similar | $953,025 |
Total Program Service Revenue | $10,000 |
Investment income | $21 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $963,046 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $17,500 |
Grants and other assistance to domestic individuals. | $9,056 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $95,499 |
Compensation of current officers, directors, key employees. | $31,833 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $181,778 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $21,209 |
Fees for services: Management | $0 |
Fees for services: Legal | $20,269 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $59,050 |
Advertising and promotion | $8,317 |
Office expenses | $24,206 |
Information technology | $4,908 |
Royalties | $0 |
Occupancy | $21,937 |
Travel | $121 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,645 |
Interest | $2,419 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $334 |
Insurance | $6,576 |
All other expenses | $15,509 |
Total functional expenses | $611,530 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $461,669 |
Savings and temporary cash investments | $98,018 |
Pledges and grants receivable | $150,648 |
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 | $3,333 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $713,668 |
Accounts payable and accrued expenses | $8,375 |
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 | $88,100 |
Other liabilities | $18,251 |
Total liabilities | $114,726 |
Net assets without donor restrictions | $516,294 |
Net assets with donor restrictions | $82,648 |
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 | $713,668 |
Over the last fiscal year, we have identified 5 grants that Pontiac Community Foundation Inc has recieved totaling $320,300.
Awarding Organization | Amount |
---|---|
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: CENTER FOR PONTIAC ENTREPRENEURSHIP | $200,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: REDEVELOPMENT OF MATTIE MCKINNEY HATCHETT PARK | $50,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: REDEVELOPMENT OF MATTIE MCKINNEY HATCHETT PARK | $50,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: FRIENDS OF PONTIAC PARKS TO REBUILD AND EXPAND THE CAPACITY OF THE ORGANIZATION TO RAISE FUNDS | $10,300 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: STRATEGIC PLANNING | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
569 Directions Credit Union Inc Toledo, OH | $1,165,662,447 | $46,146,625 |
Food Gatherers Ann Arbor, MI | $16,131,759 | $18,319,883 |
Detroit Community Health Connection Inc Detroit, MI | $12,946,276 | $14,713,586 |
Milwaukee Electrical Industry Vacation - Holiday Plan Wauwatosa, WI | $15,465,835 | $13,612,321 |
Detroit Belle Isle Grand Prix Inc Bloomfield Hills, MI | $745,267 | $11,943,538 |
Community Programs And Services Garden City, MI | $725,653 | $3,890,771 |
Sid Public Services Association Columbus, OH | $3,043,026 | $3,862,882 |
Horizon House Inc Indianapolis, IN | $11,235,353 | $7,114,001 |
Delaware Advancement Corporation Muncie, IN | $19,134,942 | $3,911,691 |
Ohio Bankers League Columbus, OH | $3,226,462 | $2,753,967 |
Lafayette-West Lafayette Development Corporation Lafayette, IN | $8,692,255 | $2,407,037 |
Groundwork Center For Resilient Communities Inc Traverse City, MI | $1,306,127 | $2,441,412 |