Form 990 for tax year 2025
Filed by MADISON COUNTY COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $12,578,114
- Total expenses
- $3,214,712
- Contributions and grants received
- $4,401,433
- Grants paid
- $1,954,836
- Program service revenue
- $504,941
- Investment income
- $7,671,740
- Other revenue
- $0
- Total assets, end of year
- $36,543,477
- Total liabilities, end of year
- $2,300,937
- Net assets or fund balances, end of year
- $34,242,540
- Program services expenses (Part IX)
- $2,398,857
- Management and general expenses
- $712,790
- Fundraising expenses
- $103,065
- Program service expenses (Part III)
- $2,398,857
Program services were 74.6% 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
$4,401,433
-
1g · Noncash contributions included above
$737,295
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $504,941 · excluded $504,941
-
3 · Investment income
total $865,444 · excluded $865,444
-
7a · Gross sales of assets other than inventory
securities $52,227,494
-
7b · Less cost or other basis and sales expenses
securities $45,421,198
-
7c · Gain or loss
securities $6,806,296
-
7d · Net gain or loss
total $6,806,296 · related or exempt $6,806,296
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,744,881 · program services $1,744,881
-
2 · Grants to domestic individuals
total $209,955 · program services $209,955
-
5 · Compensation of officers, directors and key employees
total $116,188 · program services $23,089 · management and general $74,710 · fundraising $18,389
-
7 · Other salaries and wages
total $207,296 · program services $41,195 · management and general $133,294 · fundraising $32,807
-
9 · Other employee benefits
total $41,763 · program services $8,299 · management and general $26,854 · fundraising $6,610
-
10 · Payroll taxes
total $24,281 · program services $4,825 · management and general $15,613 · fundraising $3,843
-
11a · Fees: management
total $511,427 · program services $318,703 · management and general $192,724
-
11c · Fees: accounting
total $52,834 · management and general $52,834
-
11f · Fees: investment management
total $113,592 · management and general $113,592
-
12 · Advertising and promotion
total $32,050 · program services $16,025 · fundraising $16,025
-
13 · Office expenses
total $20,061 · program services $3,987 · management and general $12,900 · fundraising $3,174
-
14 · Information technology
total $44,832 · program services $8,909 · management and general $28,828 · fundraising $7,095
-
16 · Occupancy
total $43,169 · program services $8,578 · management and general $27,759 · fundraising $6,832
-
19 · Conferences, conventions and meetings
total $28,370 · program services $5,638 · management and general $18,242 · fundraising $4,490
-
22 · Depreciation, depletion and amortization
total $3,587 · program services $713 · management and general $2,306 · fundraising $568
-
23 · Insurance
total $5,257 · program services $1,045 · management and general $3,380 · fundraising $832
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $11,386 · program services $2,263 · management and general $7,321 · fundraising $1,802
-
24b · Other expenses: MISCELLANEOUS
total $3,783 · program services $752 · management and general $2,433 · fundraising $598
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,396,317 · end of year $6,511,534
-
4 · Accounts receivable
beginning of year $31,000 · end of year $21,000
-
10a · Land, buildings and equipment: cost or other basis
$684,878
-
10b · Land, buildings and equipment: accumulated depreciation
$67,439
-
10c · Land, buildings and equipment, net
beginning of year $9,025 · end of year $617,439
-
11 · Investments: publicly traded securities
beginning of year $27,299,878 · end of year $29,289,450
-
15 · Other assets
beginning of year $121,793 · end of year $104,054
-
17 · Accounts payable and accrued expenses
beginning of year $1,915 · end of year $3,791
-
18 · Grants payable
beginning of year $101,962 · end of year $135,604
-
25 · Other liabilities
beginning of year $1,990,151 · end of year $2,161,542
-
27 · Net assets without donor restrictions
beginning of year $4,108,745 · end of year $5,029,277
-
28 · Net assets with donor restrictions
beginning of year $24,655,240 · end of year $29,213,263
Mission and programs · 2025
Mission
OUR GOAL AT MADISON COUNTY COMMUNITY FOUNDATION IS TO INVEST IN LASTING POSITIVE CHANGE TO ELEVATE AND STRENGTHEN MADISON COUNTY. WE ENVISION MADISON COUNTY AS A COMMUNITY WHERE EVERY PERSON HAS THE OPPORTUNITY TO THRIVE.
-
THE ADMINISTRATION OF GRANTS AND EXPENDITURES MADE IN ACCORDANCE WITH DONOR RESTRICTIONS AND/OR PURPOSE OF SPECIFIC ENDOWMENT FUNDS. THE POPULATION SERVED DIRECTLY AND INDIRECTLY IS CONSIDERED TO BE THE MADISON COUNTY, INDIANA COMMUNITY AT LARGE.
Expenses $1,954,836 · Grants $1,954,836 · Revenue $504,941
-
ENHANCING THE QUALITY OF LIFE OF THE CITIZENS OF MADISON COUNTY BY ATTRACTING CHARITABLE GIFTS, SEEKING GRANTS, MAKING PHILANTHROPIC GRANTS IN RESPONSE TO COMMUNITY NEEDS AND PROVIDING RESPONSIBLE FINANCIAL STEWARDSHIP AND COMMUNITY LEADERSHIP.
Expenses $444,021
-
ENHANCING THE QUALITY OF LIFE OF THE CITIZEN'S OF MADISON COUNTY BY ATTRACTING CHARITABLE GIFTS, SEEKING GRANTS, MAKING PHILANTHROPIC GRANTS IN RESPONSE TO COMMUNITY NEEDS AND PROVIDING RESPONSIBLE FINANCIAL STEWARDSHIP AND COMMUNITY LEADERSHIP.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Koty McDoleKOTY MCDOLE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jill McKinneyJILL MCKINNEY
SECRETARY/VI
- Total calculated
- $0
- Hours/week
- 1
-
Brian DonahueBRIAN DONAHUE
EXEC COMM. M
- Total calculated
- $0
- Hours/week
- 1
-
Eric DavisERIC DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gina BriscoGINA BRISCO
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Libby ManningLIBBY MANNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lj MechemLJ MECHEM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim TownsendKIM TOWNSEND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terri AustinTERRI AUSTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry TruittTERRY TRUITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Suahil HousholderSUAHIL HOUSHOLDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ben DavisBEN DAVIS
PRESIDENT
- Total calculated
- $116,188
- From this org
- $116,188
- 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
-
SOUTH MADISON COMMUNITY FOUNDATION
$506,250
GENERAL SUPPORT
-
$170,718
ARTS, CULTURE, HIST.
-
$129,578
ARTS, CULTURE, HIST.
-
$86,600
HUMAN SERVICE
-
INSTITUTES OF ORALITY STRATEGIES
$58,866
LIFELONG LEARNING
-
TOWN OF LAPEL
$50,000
GENERAL SUPPORT
-
HUMAN SERVICE
-
SECOND HARVEST FOOD BANK OF ECI
$40,000
GENERAL SUPPORT
-
HUMAN SERVICE
-
$22,000
HUMAN SERVICE
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 11 August 2026
- IRS schema version
- 2025v4.0
- Source object
- 202602269349302510
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.