← YMCA FOUNDATION OF GREATER INDIANAPOLIS

Form 990 for tax year 2022

Filed by YMCA FOUNDATION OF GREATER INDIANAPOLIS.

Totals

Total revenue: $292,010
Total expenses: $214,597
Contributions and grants received: $15,000
Grants paid: $162,045
Program service revenue: $0
Investment income: $277,010
Other revenue: $0
Total assets, end of year: $21,186,088
Total liabilities, end of year: $16,021,829
Net assets or fund balances, end of year: $5,164,259
Program services expenses (Part IX): $162,045
Management and general expenses: $52,552
Fundraising expenses: $0
Program service expenses (Part III): $162,045

Program services were 75.5% 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.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$0
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$15,000
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $171,048 · excluded $171,048
6c · Rental income or loss

real property $0 · personal property $0
7a · Gross sales of assets other than inventory

securities $4,233,488
7b · Less cost or other basis and sales expenses

securities $4,127,526
7c · Gain or loss

securities $105,962 · other assets $0
7d · Net gain or loss

total $105,962 · excluded $105,962
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $162,045 · program services $162,045
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $0 · program services $0
11c · Fees: accounting

total $5,900 · management and general $5,900
11f · Fees: investment management

total $46,652 · management and general $46,652
11g · Fees: other

total $0 · program services $0 · management and general $0 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $911,566 · end of year $824,182
3 · Pledges and grants receivable

beginning of year $10,000 · end of year $0
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
11 · Investments: publicly traded securities

beginning of year $23,567,618 · end of year $20,336,906
12 · Investments: other securities

beginning of year $0
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $35,125 · end of year $25,000
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $18,327,777 · end of year $16,021,829
27 · Net assets without donor restrictions

beginning of year $5,990,023 · end of year $4,957,750
28 · Net assets with donor restrictions

beginning of year $206,509 · end of year $206,509

Mission and programs · 2022

Mission

The YMCA Foundation of Greater Indianapolis was established in 1965 to provide individuals, corporations, and foundations opportunities to further the mission of the YMCA of Greater Indianapolis through gifts of cash, stocks, bonds, or other property. (continued in Schedule O)

Activities or mission (Part I)

The YMCA Foundation of Greater Indianapolis was established to provide individuals, corporations, and foundations opportunities to further the mission of the YMCA of Greater Indianapolis through contributions.

The gifts from donors to the YMCA Foundation of Greater Indianapolis become assets which generate investment income. Disbursements of earned income, in the form of grants, ensure that the needs of the YMCA can be met now, and in the future as conditions inevitably change. The YMCA Foundation paid a grant of $162,045 to the YMCA of Greater Indianapolis during 2022 to support the urban/inner-city programs for children and teens of the organization.

Expenses $162,045 · Grants $162,045

As filed on the 2022 return.

Listed in Part VII

Teresa S Lubbers

Chair

Total calculated

$0

Hours/week

1
Byron L Myers

Board Member

Total calculated

$0

Hours/week

1
Cheryl E Watson

Board Member

Total calculated

$0

Hours/week

1
Douglas D Church

Board Member

Total calculated

$0

Hours/week

1
James T Morris

Board Member

Total calculated

$0

Hours/week

1
Philip B Roby

Board Member

Total calculated

$0

Hours/week

1
Polly G Nicely MD

Board Member

Total calculated

$0

Hours/week

1
Rhonda Kittle

Board Member

Total calculated

$0

Hours/week

1
Robert C McDonald MD

Board Member

Total calculated

$0

Hours/week

1
Stephen L Corbitt

Board Member

Total calculated

$0

Hours/week

1
Sue Tempero

Board Member

Total calculated

$0

Hours/week

1
Thomas Crouch

Board Member

Total calculated

$0

Hours/week

1
Tom Vanneman

Board Member

Total calculated

$0

Hours/week

1
Gregg A Hiland

President & CEO

Total calculated

$290,058

From this org

$0

From related orgs

$238,241

Other

$51,817

Hours/week

1 + 40 related

Schedule J breakdown matched by us

Base

$0 + $228,945 related

Bonus

$0

Other

$0 + $9,296 related

Deferred

$0 + $29,893 related

Nontaxable benefits

$0 + $21,924 related

Filer's total

$0 + $290,058 related
James Wood

Senior Vice President & CDO (Termed as of 12/30/22)

Total calculated

$188,166

From this org

$0

From related orgs

$160,287

Other

$27,879

Hours/week

1 + 40 related

Schedule J breakdown matched by us

Base

$0 + $159,488 related

Bonus

$0

Other

$0 + $799 related

Deferred

$0 + $19,650 related

Nontaxable benefits

$0 + $8,229 related

Filer's total

$0 + $188,166 related
Randall Bordeau

Senior Vice President & CFO

Total calculated

$209,797

From this org

$0

From related orgs

$165,785

Other

$44,012

Hours/week

1 + 40 related

Schedule J breakdown matched by us

Base

$0 + $165,611 related

Bonus

$0

Other

$0 + $174 related

Deferred

$0 + $21,540 related

Nontaxable benefits

$0 + $22,472 related

Filer's total

$0 + $209,797 related

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

None.

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)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation: YMCA Foundation of Greater Indianapolis relied on an affiliated organization, YMCA of Greater Indianapolis (YMCA), to determine the compensation of the top official. YMCA used a compensation committee, independent compensation consultant, compensation surveys or studies, and approval by the board or compensation committee in its determination of compensation.
Schedule J, Part II COMPENSATION: COMPENSATION TO THE OFFICERS OF THE YMCA FOUNDATION OF GREATER INDIANAPOLIS ARE REPORTED ON A W-2 FROM THE YMCA OF GREATER INDIANAPOLIS, AN AFFILIATED ORGANIZATION.

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

YMCA of Greater Indianapolis

$162,045

Funding YMCA Programs

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 November 2023
IRS schema version: 2022v5.0
Source object: 202333199349311793

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