Form 990 for tax year 2023
Filed by COMMUNITY FOUNDATION OF SOUTHERN INDIANA INC.
Totals
- Total revenue
- $10,518,355
- Total expenses
- $8,192,660
- Contributions and grants received
- $5,610,983
- Grants paid
- $6,494,283
- Program service revenue
- $5,060
- Investment income
- $4,827,247
- Other revenue
- $75,065
- Total assets, end of year
- $149,140,581
- Total liabilities, end of year
- $98,699,298
- Net assets or fund balances, end of year
- $50,441,283
- Program services expenses (Part IX)
- $7,543,208
- Management and general expenses
- $445,351
- Fundraising expenses
- $204,101
- Program service expenses (Part III)
- $7,543,208
Program services were 92.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,610,983
-
1g · Noncash contributions included above
$34,238
-
2a · Program service revenue: IMPACT 100
total $5,060 · related or exempt $5,060
-
3 · Investment income
total $2,984,047 · excluded $2,984,047
-
7a · Gross sales of assets other than inventory
securities $23,201,649
-
7b · Less cost or other basis and sales expenses
securities $21,358,101 · other assets $348
-
7c · Gain or loss
securities $1,843,548 · other assets -$348
-
7d · Net gain or loss
total $1,843,200 · excluded $1,843,200
-
11a · Other revenue: ADMINISTRATIVE FEE INCOME
total $75,065 · related or exempt $75,065
-
11e · Other revenue, total
$75,065
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,920,847 · program services $5,920,847
-
2 · Grants to domestic individuals
total $573,436 · program services $573,436
-
5 · Compensation of officers, directors and key employees
total $238,889 · program services $125,045 · management and general $81,753 · fundraising $32,091
-
7 · Other salaries and wages
total $403,388 · program services $211,151 · management and general $138,048 · fundraising $54,189
-
8 · Pension plan contributions
total $13,720 · program services $7,332 · management and general $4,587 · fundraising $1,801
-
9 · Other employee benefits
total $36,696 · program services $19,058 · management and general $12,666 · fundraising $4,972
-
10 · Payroll taxes
total $43,655 · program services $22,851 · management and general $14,940 · fundraising $5,864
-
11b · Fees: legal
total $16,409 · management and general $16,409
-
11c · Fees: accounting
total $19,310 · management and general $19,310
-
11f · Fees: investment management
total $537,312 · program services $537,312
-
11g · Fees: other
total $66,321 · management and general $66,321
-
12 · Advertising and promotion
total $57,174 · fundraising $57,174
-
14 · Information technology
total $15,042 · management and general $15,042
-
16 · Occupancy
total $77,660 · program services $25,622 · management and general $36,158 · fundraising $15,880
-
22 · Depreciation, depletion and amortization
total $14,181 · program services $7,091 · management and general $7,090
-
23 · Insurance
total $46,638 · program services $41,974 · management and general $2,332 · fundraising $2,332
-
24a · Other expenses: OTHER MISCELLANEOUS
total $93,521 · program services $33,028 · management and general $30,695 · fundraising $29,798
-
24b · Other expenses: IMPACT 100
total $18,461 · program services $18,461
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $7,452,065 · end of year $13,165,986
-
3 · Pledges and grants receivable
beginning of year $32,857 · end of year $32,857
-
7 · Other notes and loans receivable
beginning of year $184,641 · end of year $208,900
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $28,316
-
10a · Land, buildings and equipment: cost or other basis
$182,166
-
10b · Land, buildings and equipment: accumulated depreciation
$112,704
-
10c · Land, buildings and equipment, net
beginning of year $78,607 · end of year $69,462
-
11 · Investments: publicly traded securities
beginning of year $126,918,182 · end of year $134,187,412
-
15 · Other assets
beginning of year $1,637,248 · end of year $1,447,648
-
17 · Accounts payable and accrued expenses
beginning of year $39,641 · end of year $26,567
-
18 · Grants payable
beginning of year $426,750 · end of year $388,450
-
19 · Deferred revenue
end of year $19,525
-
21 · Escrow or custodial account liability
beginning of year $92,146,017 · end of year $97,341,860
-
25 · Other liabilities
beginning of year $853,056 · end of year $922,896
-
27 · Net assets without donor restrictions
beginning of year $3,244,796 · end of year $3,587,042
-
28 · Net assets with donor restrictions
beginning of year $39,593,340 · end of year $46,854,241
Mission and programs · 2023
Mission
TO BUILD ENDURING CHARITABLE RESOURCES USED TO POSITIVELY IMPACT OUR COMMUNITY BY: SERVING AS A PARTNER AND RESOURCE FOR DONORS, THEIR ADVISORS, AND NOT-FOR-PROFIT ORGANIZATIONS; MAKING IT SIMPLE FOR DONORS TO FULFILL THEIR INDIVIDUAL GOALS IN GIVING BACK; PROVIDING STEWARDSHIP OF DONOR GIFTS AND CHARITABLE INTENT FOR GENERATIONS TO COME; FULFILLING A LEADERSHIP ROLE ON IMPORTANT COMMUNITY ISSUES
-
FUNDS USED TO ASSIST AND BENEFIT PEOPLE IN CLARK AND FLOYD COUNTIES THROUGH FUNDING OF HEALTH, EDUCATION, CULTURAL, CIVIC AND RECREATIONAL PROGRAMS.
Expenses $7,543,208 · Grants $6,494,283 · Revenue $80,125
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
REGINA BECKMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
RICH BOLING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MELISSA FRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ERIC HOWARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MIKE JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
AMY NEWBANKS LETKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
GREG NASH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LINDSEY NEELY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DAVID REINHARDT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JESSICA CARROLL
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
D KEITH PULLIAM
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
S BUTCH SHAW
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
SCOTT WATERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
SHARON HANDY
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
LINDA SPEED
PRESIDENT/CEO
- Total calculated
- $232,239
- From this org
- $221,296
- From related orgs
- $0
- Other
- $10,943
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $221,296
- Bonus
- $0
- Other
- $0
- Deferred
- $10,340
- Nontaxable benefits
- $603
- Filer's total
- $232,239
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE ORGANIZATION USED THE VARIOUS ABOVE METHODS IN ESTABLISHING COMPENSATION
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$3,993,928
GENERAL SUPPORT
-
COMMUNITY FOUNDATION PARTNERSHIP INC
$489,709
DESIGNATED FUND DISTRIBUTION FOR MARTIN COUNTY, INDIANA
-
FRIENDS OF OPEN DOOR YOUTH SERVICES
$166,000
CAPACITY BUILDING GRANT AND TRANSPORTATION/FACILITY UPGRADES
-
$150,000
QUALITY OF PLACE GRANT
-
$54,000
GENERAL SUPPORT
-
IMPACT 100 SOUTHERN INDIANA INC
$46,703
GENERAL SUPPORT
-
$35,000
GENERAL SUPPORT
-
$32,238
SUPPORT FOR METRO UNITED WAY'S EXEMPT ACTIVITIES
-
GENERAL SUPPORT
-
OHIO STATE UNIVERSITY FOUNDATION
$31,250
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C) · SUPPORT CF OF SI · IN
-
JEFFERSONVILLE CARNEGIE LIBRARY FOUNDATION INC
501(C) · SUPPORT CF OF SI · IN
-
NEW ALBANY FLOYD COUNTY EDUCATION FOUNDATION INC
501(C) · SUPPORT CF OF SI · IN
-
501(C) · SUPPORT CF OF SI · IN
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUSTS (2)
CONTRIBUTIONS · IN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530999349300713
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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