Fountain Hills Community Foundation
- Assets
- $394.6k
- Revenue
- $134.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Fountain Hills, AZ
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 86-0800268
Organization Overview
Fountain Hills Community Foundation is located in Fountain Hills, AZ. The organization was established in 1995. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fountain Hills Community Foundation 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, Fountain Hills Community Foundation generated $134.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.1% each year . All expenses for the organization totaled $115.1k during the year ending 12/2022. While expenses have increased by 25.6% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING A LEGACY IN FOUNTAIN HILLS AND THE SURROUNDING COMMUNITIES.THE FOUNTAIN HILLS COMMUNITY FOUNDATION IS A 501 C3 INVESTING IN NONPROFIT ORGANIZATIONS WHOSE WORK IMPROVES THE LIVES OF OUR YOUTH SENIORS FAMILIES AND COMMUNITY. FHCF WORKS WITH NONPROFIT ORGANIZATIONS AS A PARTNER HELPING THEM TO IDENTIFY PROBLEMS FIND SOLUTIONS AND BECOME CONTINUALLY STRONGER AND MORE EFFECTIVE. EACH YEAR THE FOUNTAIN HILLS COMMUNITY FOUNDATION RECEIVES DOZENS OF GRANT APPLICATIONS FROM LOCAL NONPROFIT ORGANIZATIONS TO HELP WITH NEW PROJECTS AND ONGOING PROJECTS. THESE ORGANIZATIONS RELY ON DONOR SUPPORT AND GRANTS TO GROW AND SURVIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES GREATLY NEEDED FINANCIAL SUPPORT TO OTHER LOCAL FOUNTAIN HILLS COMMUNITY 501C3 ORGANIZATIONS WHO APPLY FOR GRANTS FUNDED BY AN ANNUAL FUNDRAISING EVENT FLUTTER AT THE FOUNTAIN AND OTHER CAMPAIGNS AS WELL AS MANAGING A DONOR-ADVISED FUND AND A LEGACY ENDOWED INVESTMENT FUND. TO PROVIDE SUPPORT TO NEEDY INDIVIDUALS THIS YEAR THE FOUNDATION SPONSORED AND FUNDED THE COST OF THE FORMATION OF THE FOUNTAIN HILLS COMMUNITY TAX CREDIT FOUNDATION A SEPARATELY INCORPORATED SUBSIDIARY OF THE FOUNDATION QUALIFIED AS A QUALIFIED CHARITABLE ORGANIZATION TO RECEIVE DONATIONS FOR WHICH DONORS RECEIVE UP TO $800 STATE INCOME TAX CREDIT IN A JOINT RETURN $400 SINGLE OR SEPARATE RETURN. THE GRANTS FROM THE FUNDS RAISED AT THE FLUTTER EVENT ARE MADE IN THE SUCCEEDING CALENDAR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dori Wittrig President-Director | OfficerTrustee | 10 | $0 |
Nicole Perkins Vice President-Director | OfficerTrustee | 5 | $0 |
Mark Dalton Treasurer-Director | OfficerTrustee | 10 | $0 |
Debbie Clason Director | Trustee | 10 | $36,000 |
Mark Daniels Director | Trustee | 1 | $0 |
Michael Pameditis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $26,135 |
| Fundraising events | $45,303 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,981 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,419 |
| Total Program Service Revenue | $0 |
| Investment income | $4,593 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,059 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,506 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,975 |
| 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. | $36,000 |
| Compensation of current officers, directors, key employees. | $21,600 |
| 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 | $10 |
| Fees for services: Accounting | $194 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,490 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,665 |
| Office expenses | $14,113 |
| Information technology | $0 |
| 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 | $1,203 |
| All other expenses | $0 |
| Total functional expenses | $115,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $93,207 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $301,397 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $394,604 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$35,907 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $430,511 |
| Total liabilities and net assets/fund balances | $394,604 |
Grants Awarded
Over the last fiscal year, Fountain Hills Community Foundation has awarded $26,450 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BOBS FREE BIKES PURPOSE: GIVE FREE BIKES TO NEEDED KIDS | $250 |
BOYS AND GIRLS CLUB OF GREATER SCOT PURPOSE: EDUCATION | $5,000 |
FEARLESS KITTY RESCUE PURPOSE: CAT RESCUE FOR SENIORS | $250 |
FLYING BUTTERFLY GARDEN PURPOSE: CHARITY | $250 |
FOSTER YOUR FUTURE PURPOSE: ASSISTANCE FOR SENIORS | $250 |
CHABAD OF FH PURPOSE: EDUCATION | $250 |