Totals
- Total revenue
- $5,789,310
- Total expenses
- $4,918,182
- Contributions and grants received
- $3,187,962
- Grants paid
- $3,629,488
- Program service revenue
- $138,577
- Investment income
- $2,462,771
- Other revenue
- $0
- Total assets, end of year
- $88,930,244
- Total liabilities, end of year
- $14,984,380
- Net assets or fund balances, end of year
- $73,945,864
- Program services expenses (Part IX)
- $4,434,611
- Management and general expenses
- $342,964
- Fundraising expenses
- $140,607
- Program service expenses (Part III)
- $4,434,611
Program services were 90.2% 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
$3,187,962
-
1g · Noncash contributions included above
$1,412,903
-
2a · Program service revenue: Admin Fee - Agency Endow
total $138,577 · related or exempt $138,577
-
3 · Investment income
total $1,547,063 · excluded $1,547,063
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $22,074,902
-
7b · Less cost or other basis and sales expenses
securities $21,159,194
-
7c · Gain or loss
securities $915,708
-
7d · Net gain or loss
total $915,708 · excluded $915,708
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,584,325 · program services $2,584,325
-
2 · Grants to domestic individuals
total $1,045,163 · program services $1,045,163
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $226,430 · program services $42,143 · management and general $100,001 · fundraising $84,286
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $103,863 · program services $103,863
-
8 · Pension plan contributions
total $19,388 · program services $8,531 · management and general $5,816 · fundraising $5,041
-
9 · Other employee benefits
total $24,961 · program services $11,126 · management and general $7,683 · fundraising $6,152
-
10 · Payroll taxes
total $25,660 · program services $11,290 · management and general $7,698 · fundraising $6,672
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,284 · management and general $2,284
-
11c · Fees: accounting
total $13,951 · management and general $13,951
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $143,412 · management and general $143,412
-
11g · Fees: other
total $1,544 · program services $701 · management and general $843
-
12 · Advertising and promotion
total $475 · management and general $475
-
13 · Office expenses
total $9,390 · management and general $9,390
-
14 · Information technology
total $51,921 · program services $10,388 · management and general $33,349 · fundraising $8,184
-
15 · Royalties
total $0
-
16 · Occupancy
total $6,846 · program services $2,288 · management and general $4,558
-
17 · Travel
total $75 · management and general $75
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $6,418 · management and general $6,418
-
24a · Other expenses: Economic Dev - Direct Costs
total $208,402 · program services $208,402
-
24b · Other expenses: Fredericktown Splash Pad Proj.
total $172,755 · program services $172,755
-
24c · Other expenses: Economic Dev - Contract
total $99,842 · program services $99,842
-
24d · Other expenses: Econmic Dev Int-Studies/Grants
total $99,000 · program services $99,000
-
24e · All other expenses
total $72,077 · program services $34,794 · management and general $7,011 · fundraising $30,272
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $225,779 · end of year $437,201
-
2 · Savings and temporary cash investments
beginning of year $1,348,705 · end of year $1,581,600
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $5,163 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$828,527
-
10c · Land, buildings and equipment, net
beginning of year $551,286 · end of year $828,527
-
11 · Investments: publicly traded securities
beginning of year $101,757,210 · end of year $85,785,333
-
12 · Investments: other securities
beginning of year $524,711 · end of year $297,583
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,839 · end of year $355
-
25 · Other liabilities
beginning of year $17,032,530 · end of year $14,984,025
-
27 · Net assets without donor restrictions
beginning of year $18,912,603 · end of year $14,622,970
-
28 · Net assets with donor restrictions
beginning of year $68,465,882 · end of year $59,322,894
Mission and programs · 2022
Mission
To improve the quality of life in Knox County through planned charitable giving. To provide a vehicle for donors of varied interests to support charitable and community activities. To assess and respond to emerging and changing community needs in the fields of education, youth services, recreation, arts and culture, social services, and civic, economic and community development. To develop a permanent endowment for the community, and to serve as a catalyst for the initiation of vital projects.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $2,629,438 · Grants $2,584,325
-
Awarded scholarships to Knox County students based upon established eligibility requirements and merit. Requirements include but are not limited to academic achievement, field of interest, and affiliations with specific schools or employers. Donors establish scholarship funds to assist qualifying students with tuition costs. The Foundation utilizies a scholarship committee that reviews application requests from graduating high school seniors and adults more than two years after high school graduation. Scholarships are available for degrees at two or four year colleges and universities as well as accredited trade & technical schools.
Expenses $1,090,276 · Grants $1,045,163
-
Economic Development Initiative to support strategic partnerships focused on planning and encouraging economic growth throughout Knox County. The Foundation established key relationships with other economic-focused organizations as well as government and civic leaders in Mount Vernon, Danville, Fredericktown, Centerburg and Gambier. Through these partnerships, projects were identified that improved key economic and tourist corridors to generate planned development.
Expenses $459,678
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Jeffrey Scott
Executive Dir.
- Total calculated
- $137,800
- From this org
- $130,000
- From related orgs
- $0
- Other
- $7,800
- Hours/week
- 40
-
Marc Odenweller
Finance Dir.
- Total calculated
- $102,216
- From this org
- $96,430
- From related orgs
- $0
- Other
- $5,786
- Hours/week
- 40
-
Marsha Rinehart
Chair
- Total calculated
- $0
- Hours/week
- 10
-
Ian Watson
Vice-Chair
- Total calculated
- $0
- Hours/week
- 5
-
Kurt Schisler
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Kim Rose
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Dr Christopher Cordle
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dr Michael Sullivan
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Richard Mavis
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ora Smith
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Susan Sukys
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jan Reynolds
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Vicki Sant
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dr Sean Decatur
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Daniels
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey Boucher
Trustee
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
$475,000
-
$101,000
Donor Designations
-
$100,000
Personnel Support
-
$100,000
Donor Advised Grant
-
$97,386
Annual Designation
-
First Congreg United Church
$95,746
Annual & Donor Designations
-
$84,725
Annual Desig/Community Intership
-
Village of Fredericktown
$79,777
Streetscape Project
-
Heart of Ohio Trail
$79,000
Welcome Station
-
$70,900
Food 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.
-
Schnormeier Gardens Foundation
501(c)(3) · Arts, Culture and Humanities · OH · controlled entity
-
501(c)(3) · Camp for youth and scouts · OH · controlled entity
-
Mount Vernon Arts Consortium Inc
501(c)3 · Support of local arts venues · OH · controlled entity
-
Knox Development Partnership Inc
501(c)3 · Economic and cultural development · OH
Directly controlled by NA
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
KCF Real Estate I LLC
Real Estate · OH · assets $1,275,598
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303049349300910
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.