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← OWEN COUNTY COMMUNITY FOUNDATION

Form 990 for tax year 2022

Filed by OWEN COUNTY COMMUNITY FOUNDATION.

Totals

Total revenue
$921,751
Total expenses
$1,161,415
Contributions and grants received
$640,195
Grants paid
$698,498
Program service revenue
$12,618
Investment income
$269,792
Other revenue
-$854
Total assets, end of year
$10,308,031
Total liabilities, end of year
$305,360
Net assets or fund balances, end of year
$10,002,671
Program services expenses (Part IX)
$867,990
Management and general expenses
$123,002
Fundraising expenses
$170,423
Program service expenses (Part III)
$867,990

Program services were 74.7% 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.

  • 1c · Fundraising events

    $46,188

  • 1f · All other contributions, gifts and grants

    $594,007

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $12,618 · related or exempt $12,618

  • 3 · Investment income

    total $492,974 · excluded $492,974

  • 7a · Gross sales of assets other than inventory

    securities $10,844,213

  • 7b · Less cost or other basis and sales expenses

    securities $11,067,395

  • 7c · Gain or loss

    securities -$223,182

  • 7d · Net gain or loss

    total -$223,182 · excluded -$223,182

  • 8a · Fundraising events: gross income

    $4,370

  • 8a · Fundraising events: contributions included on line 1c

    $46,188

  • 8b · Fundraising events: direct expenses

    $5,224

  • 8c · Net income from fundraising events

    total -$854 · excluded -$854

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $572,651 · program services $572,651

  • 2 · Grants to domestic individuals

    total $125,847 · program services $125,847

  • 5 · Compensation of officers, directors and key employees

    total $93,746 · program services $36,561 · management and general $23,436 · fundraising $33,749

  • 7 · Other salaries and wages

    total $170,713 · program services $66,578 · management and general $42,678 · fundraising $61,457

  • 10 · Payroll taxes

    total $39,514 · program services $15,410 · management and general $9,879 · fundraising $14,225

  • 11f · Fees: investment management

    total $21,026 · program services $21,026

  • 11g · Fees: other

    total $39,225 · management and general $31,380 · fundraising $7,845

  • 12 · Advertising and promotion

    total $37,284 · program services $9,321 · fundraising $27,963

  • 13 · Office expenses

    total $15,187 · program services $4,587 · management and general $2,412 · fundraising $8,188

  • 16 · Occupancy

    total $18,202 · program services $6,007 · management and general $6,036 · fundraising $6,159

  • 17 · Travel

    total $2,433 · program services $1,095 · management and general $243 · fundraising $1,095

  • 19 · Conferences, conventions and meetings

    total $3,616 · program services $1,085 · management and general $723 · fundraising $1,808

  • 22 · Depreciation, depletion and amortization

    total $8,756 · program services $2,889 · management and general $2,889 · fundraising $2,978

  • 23 · Insurance

    total $6,445 · program services $2,127 · management and general $2,191 · fundraising $2,127

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $3,356 · program services $1,678 · management and general $0 · fundraising $1,678

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $2,327 · program services $768 · management and general $768 · fundraising $791

  • 24c · Other expenses: MISCELLANEOUS

    total $1,087 · program services $360 · management and general $367 · fundraising $360

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $973,071 · end of year $181,813

  • 2 · Savings and temporary cash investments

    beginning of year $74,340 · end of year $74,638

  • 3 · Pledges and grants receivable

    beginning of year $61,781 · end of year $35,326

  • 4 · Accounts receivable

    beginning of year $12 · end of year $306

  • 10a · Land, buildings and equipment: cost or other basis

    $52,572

  • 10b · Land, buildings and equipment: accumulated depreciation

    $28,181

  • 10c · Land, buildings and equipment, net

    beginning of year $33,147 · end of year $24,391

  • 11 · Investments: publicly traded securities

    beginning of year $11,019,013 · end of year $9,802,752

  • 15 · Other assets

    beginning of year $0 · end of year $188,805

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,494 · end of year $2,735

  • 18 · Grants payable

    beginning of year $12,573 · end of year $22,898

  • 21 · Escrow or custodial account liability

    beginning of year $108,118 · end of year $43,473

  • 25 · Other liabilities

    beginning of year $55,615 · end of year $236,254

  • 27 · Net assets without donor restrictions

    beginning of year $796,969 · end of year $740,707

  • 28 · Net assets with donor restrictions

    beginning of year $11,184,595 · end of year $9,261,964

Mission and programs · 2022

Mission

THE OWEN COUNTY COMMUNITY FOUNDATION IS COMMITTED TO HELP MAKE OUR COMMUNITIES BECOME BETTER PLACES TO GROW, WORK, AND LIVE. THE FOUNDATION ALSO MATCHES DONORS WITH NEEDS IN OWEN COUNTY.

Activities or mission (Part I)

THE OWEN COUNTY COMMUNITY FOUNDATION IS COMMITTED TO ENHANCING THE QUALITY OF LIFE FOR ALL CITIZENS OF OWEN COUNTY, NOW AND FOR GENERATIONS TO COME. TO BE THE TRUSTWORTHY RESOURCE FOR PHILANTHROPY BY BUILDING A PERMANENT ENDOWMENT, ADDRESSING NEEDS THROUGH GRANTMAKING, AND PROVIDING LEADERSHIP RESOURCES TO SERVE OUR COMMUNITY.

  • GRANTS AND SCHOLARSHIPS: ACHIEVEMENT OF THIS PROGRAM'S PURPOSE PROVIDES SUPPORT FOR ORGANIZATIONS PERFORMING CHARITABLE WORK IN OWEN COUNTY TO HELP MAKE OUR COMMUNITIES BECOME BETTER PLACES TO GROW, WORK AND LIVE AS WELL AS TO HELP THESE GROUPS REMAIN RELEVANT OVER TIME AND RESPONSIVE TO CHANGING CIRCUMSTANCES. SCHOLARSHIP GRANTS TO INDIVIDUALS HELP STUDENTS PURSUE THEIR ACADEMIC GOALS AND HELP RAISE THE LEVEL OF EDUCATIONAL ATTAINMENT IN OWEN COUNTY.

    Expenses $867,990 · Grants $698,498 · Revenue $12,618

As filed on the 2022 return.

Listed in Part VII

  • ED STAUBACH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BARBARA BONNESS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRAD KING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DALE WALKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GRANT MINNEMEYER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • HEATHER LIGHT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARILYN HART

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SUSAN COULTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID FRIEDEL

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ROB BABBS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • THOMAS WALLACE

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • KAYE ERNEY

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • AMBER MULLIN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MYRNA FIELDS

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • RHONDA STOGSDILL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JANET RUMMEL

    PRESIDENT/CEO

    Total calculated
    $93,746
    From this org
    $93,746
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
30 October 2023
IRS schema version
2022v5.0
Source object
202313049349301026

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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