Wpcu Sunshine Community Fund
- Assets
- $594.5k
- Revenue
- $767.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Beavercreek, OH
- Founding
- Data as of
- 12/2021
- EIN
- 85-2669888
Organization Overview
Wpcu Sunshine Community Fund is located in Beavercreek, OH. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wpcu Sunshine Community Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN THE FINANCIAL HEALTH AND WELL-BEING OF THE COMMUNITIES IN WHICH WRIGHT-PATT CREDIT UNION, ITS MEMBERS, AND PARTNER-EMPLOYEES LIVE AND WORK.
Describe the Organization's Program Activity:
THE INSPIRATION COMMITTEE REPRESENTS THE CHARITABLE GIVING VOICES, VALUES AND HOPES OF WRIGHT-PATT CREDIT UNION EMPLOYEES. AS GOOD STEWARDS OF THE FUNDS RAISED BY EMPLOYEES, THIS COMMITTEE IS RESPONSIBLE FOR THE EVALUATION AND RECOMMENDATION OF NONPROFITS THAT WILL RECEIVE GRANTS THROUGHOUT THE YEAR WHILE ENSURING ALIGNMENT WITH THE FINANCIAL SECURITY AND WELLBEING BUILDING BLOCKS.
WPCU SUNSHINE COMMUNITY FUND MANAGES THE FOLLOWING FUNDS: 1. MONEYMAGNIFIER - ENHANCE FINANCIAL CAPABILITY DEVELOPMENT AMONG K-COLLEGE STUDENTS, WITH INTENTIONAL EFFORTS GIVEN TO ENGAGE STUDENTS WHO ARE UNDERSERVED, COLLEGE-BOUND OR CURRENTLY IN COLLEGE AND LIVING WITHIN THE COMMUNITIES WPCU SERVES MONEYMAGNIFIER FEATURES A VARIETY OF FINANCIAL LEARNING ACTIVITES, PROGRAMS AND CLASSROOM PRESENTATIONS TO ENABLE STUDENTS' FINANCIAL LITERACY TODAY AND FOSTER FINIANCIALLY SECURE ADULTS IN THE FUTURE. 2. MANAGING YOUR FINANCES THROUGH CANCER - FINANCIAL LEARNING PROGRAM FOR PATIENTS WHO ARE DIAGNOSED WITH CANCER (ESPECIALLY STAGE 4 CANCER) IN THE DAYTON REGION. USING A COMBINATION OF ONE-ON-ONE COACHING, HANDS-ON TOOLS AND SELF-SERVE TECHNOLOGY, THE HYBRID FINANCIAL LEARNING PROGRAM INCLUDES AN INITIAL FINANCIAL EVALUATION/NEEDS ASSESSMENT TO DETERMINE IMMEDIATE NEXT STEPS FOR NEWLY DIAGNOSED CANCER PATIENTS AND THOSE WHO SURVIVE. 3. FIRST-TIME HOMEBUYER DOWN PAYMENT ASSISTANCE PROGRAM - PROVIDE GRANTS TO FIRST-TIME HOMEBUYERS WHO FALL BELOW A CERTAIN INCOME LEVEL. 4. DOUGLAS A. FECHER LEARNING IN EXCELLENCE SCHOLARSHIP PROGRAM - PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED THAT ATTEND WRIGHT STATE UNIVERSITY OR THE UNIVERSITY OF CINCINNATI WITH AN OPTION TO RENEW THE SCHOLARSHIP FOR AN ADDITIONAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Reilly President, Board Of Trustee | OfficerTrustee | 1 | $0 |
Cassie Barlow Vp, Board Of Trustee | OfficerTrustee | 1 | $0 |
Karin Vanzant Secretary/treasurer | OfficerTrustee | 1 | $0 |
Tracy Szarzi-Fors Executive Director | Officer | 14 | $0 |
Doug Fecher Board Of Trustee | Trustee | 1 | $0 |
Chuck Showell Board Of Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $105,224 |
| Related organizations | $332,182 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $228,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $665,785 |
| Total Program Service Revenue | $0 |
| Investment income | $375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $101,209 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $767,369 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $142,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,009 |
| Fees for services: Accounting | $7,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,060 |
| Advertising and promotion | $5,554 |
| Office expenses | $435 |
| Information technology | $8,972 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $179,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $552,539 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $21,500 |
| Accounts receivable, net | $18,395 |
| 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 | $2,080 |
| 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 | $594,514 |
| Accounts payable and accrued expenses | $295 |
| 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 | $295 |
| Net assets without donor restrictions | $594,219 |
| 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 | $594,514 |
Grants Awarded
Over the last fiscal year, Wpcu Sunshine Community Fund has awarded $122,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: SUPPORT ORGANIZATION | $25,000 |
Dayton, OH PURPOSE: SUPPORT ORGANIZATION | $25,000 |
Centerville, OH PURPOSE: SUPPORT ORGANIZATION | $15,000 |
Columbus, OH PURPOSE: SUPPORT ORGANIZATION | $15,000 |
Toledo, OH PURPOSE: SUPPORT ORGANIZATION | $15,000 |
Bronx, NY PURPOSE: SUPPORT ORGANIZATION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wpcu Sunshine Community Fund has recieved totaling $494,080.
| Awarding Organization | Amount |
|---|---|
0005 Wright-Patt Credit Union Beavercreek, OH PURPOSE: GENERAL SUPPORT | $332,182 |
Greene County Community Foundation Xenia, OH PURPOSE: GENERAL OPERATING SUPPORT | $161,898 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anabaptist Foundation Lewisburg, PA | $47,495,861 | $36,276,504 |
Tournaments For Charity Dublin, OH | $4,978,426 | $26,375,151 |
The Lenfest Inst For Journalism Spe Asset Fund Of The Phl Foundation Philadelphia, PA | $99,634,192 | $14,397,650 |
Others First Inc Rochester Hills, MI | $4,306,956 | $11,125,375 |
Harrison County Community Foundation Support Organ Inc Corydon, IN | $251,226,152 | $18,808,603 |
The Edward Lowe Foundation Cassopolis, MI | $139,490,354 | $14,349,160 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |
The Essential Foundation Fka Aqua Charitable Trust Bryn Mawr, PA | $32,073,281 | $19,000,000 |
The Meg And Bennett Goodman Family Foundation Jenkintown, PA | $50,458,470 | $11,004,981 |
Old National Bank Foundation Inc Evansville, IN | $1,059,679 | $25,162 |
Peyback Foundation Inc Independence, OH | $4,792,942 | $1,855,787 |
Kentucky Casa Network Inc Louisville, KY | $365,575 | $1,855,866 |