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Nonprofiteer
← COMMUNITY FOUNDATION OF GRANT COUNTY INDIANA INC

Form 990 for tax year 2022

Filed by COMMUNITY FOUNDATION OF GRANT COUNTY INDIANA INC.

Totals

Total revenue
$1,702,822
Total expenses
$2,081,769
Contributions and grants received
$724,889
Grants paid
$1,336,089
Program service revenue
$33,319
Investment income
$944,614
Other revenue
$0
Total assets, end of year
$30,134,390
Total liabilities, end of year
$2,166,426
Net assets or fund balances, end of year
$27,967,964
Program services expenses (Part IX)
$1,583,351
Management and general expenses
$334,740
Fundraising expenses
$163,678
Program service expenses (Part III)
$1,583,351

Program services were 76.1% 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

    $724,889

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $33,319 · related or exempt $33,319

  • 3 · Investment income

    total $1,234,695 · excluded $1,234,695

  • 7a · Gross sales of assets other than inventory

    securities $6,380,553

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

    securities $6,666,068 · other assets $4,566

  • 7c · Gain or loss

    securities -$285,515 · other assets -$4,566

  • 7d · Net gain or loss

    total -$290,081 · excluded -$290,081

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $921,244 · program services $921,244

  • 2 · Grants to domestic individuals

    total $414,845 · program services $414,845

  • 5 · Compensation of officers, directors and key employees

    total $206,578 · program services $38,916 · management and general $144,792 · fundraising $22,870

  • 7 · Other salaries and wages

    total $132,523 · program services $63,669 · management and general $5,675 · fundraising $63,179

  • 9 · Other employee benefits

    total $35,509 · program services $13,795 · management and general $9,418 · fundraising $12,296

  • 10 · Payroll taxes

    total $25,178 · program services $7,805 · management and general $10,827 · fundraising $6,546

  • 11c · Fees: accounting

    total $11,260 · management and general $11,260

  • 11f · Fees: investment management

    total $47,514 · program services $47,514

  • 12 · Advertising and promotion

    total $21,151 · fundraising $21,151

  • 13 · Office expenses

    total $14,368 · program services $4,284 · management and general $3,464 · fundraising $6,620

  • 14 · Information technology

    total $65,513 · program services $19,654 · management and general $26,205 · fundraising $19,654

  • 16 · Occupancy

    total $7,528 · program services $2,484 · management and general $2,560 · fundraising $2,484

  • 17 · Travel

    total $9,940 · program services $3,976 · management and general $1,988 · fundraising $3,976

  • 22 · Depreciation, depletion and amortization

    total $31,273 · management and general $31,273

  • 23 · Insurance

    total $4,191 · management and general $4,191

  • 24a · Other expenses: MISCELLANEOUS

    total $61,154 · management and general $61,154

  • 24b · Other expenses: PROGRAM SERVICE EXPENSE

    total $45,165 · program services $45,165

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $16,627 · management and general $16,627

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $5,306 · management and general $5,306

  • 24e · All other expenses

    total $4,902 · fundraising $4,902

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $386,984 · end of year $462,545

  • 2 · Savings and temporary cash investments

    beginning of year $2,104,593 · end of year $1,891,456

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,338 · end of year $13,158

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

    $756,981

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

    $378,730

  • 10c · Land, buildings and equipment, net

    beginning of year $395,778 · end of year $378,251

  • 11 · Investments: publicly traded securities

    beginning of year $25,697,918 · end of year $25,501,057

  • 12 · Investments: other securities

    end of year $1,872,135

  • 15 · Other assets

    beginning of year $14,761 · end of year $15,788

  • 17 · Accounts payable and accrued expenses

    beginning of year $251 · end of year $40,183

  • 18 · Grants payable

    beginning of year $164,114 · end of year $408,793

  • 19 · Deferred revenue

    beginning of year $9,000 · end of year $4,500

  • 21 · Escrow or custodial account liability

    beginning of year $1,390,595 · end of year $1,622,429

  • 25 · Other liabilities

    beginning of year $102,862 · end of year $90,521

  • 27 · Net assets without donor restrictions

    beginning of year $997,830 · end of year $951,501

  • 28 · Net assets with donor restrictions

    beginning of year $25,947,720 · end of year $27,016,463

Mission and programs · 2022

Mission

THE MISSION OF THE COMMUNITY FOUNDATION OF GRANT COUNTY INDIANA, INC. IS TO CONNECT PEOPLE, RESOURCES, AND CAUSES TO PROMOTE SUSTAINABLE IMPACT TOWARDS THE BETTERMENT OF GRANT COUNTY.

  • EDUCATION AND SCHOLARSHIP: ACCESS TO ATTAINING AN EDUCATION HAS ALWAYS BEEN IMPORTANT IN GRANT COUNTY. OUR GOAL WITH SCHOLARSHIP AWARDS IS TO HELP AS MANY STUDENTS AS POSSIBLE ATTEND COLLEGE. YEARLY, WE CALCULATE THE AVERAGE COST OF PUBLIC SCHOOL TUITION/FEES/BOOKS TO DEFINE AWARD MAXIMUMS. WE HAVE BEEN DILIGENT WITH SCHOLARSHIPS TO AWARD AMOUNTS THAT WILL BE IMPACTFUL FOR THE STUDENT AND ELIMINATE THE POSSIBILITY OF STUDENT LOAN DEBT. GRANT COUNTY IS AND WILL BE A BETTER PLACE IF WE CAN GIVE OUR COMMUNITY ACCESS TO AN EDUCATION IN A WAY THAT ELIMINATES FINANCIAL DEBT.

    Expenses $1,076,150 · Grants $908,094 · Revenue $22,646

  • COMMUNITY DEVELOPMENT: THE COMMUNITY FOUNDATION USES ITS KNOWLEDGE, CONNECTIONS, INFLUENCE, AND RESOURCES TO BUILD POSITIVE CHANGE IN OUR COMMUNITY. ON A REGULAR BASIS WE BRING TOGETHER OTHER NONPROFITS TO SHARE WITH ONE ANOTHER WHAT THEY ARE DOING IN THE COMMUNITY AND BRIDGE THE GAP TO ALLOW FOR FURTHER COLLABORATIONS. WE CURRENTLY HAVE 418 FUNDS THAT WE MANAGE, WE HAVE GRANTED OVER $27 MILLION BACK INTO OUR COMMUNITY TO MAKE GRANT COUNTY A BETTER PLACE TO LIVE, WORK, PLAY, AND PRAY. THOUSANDS OF DONORS FROM ACROSS THE COUNTY, IN A VARIETY OF SOCIO-ECONOMIC SITUATIONS, HAVE CONTRIBUTED TO FUNDS AT THE COMMUNITY FOUNDATION TO SUPPORT PROJECTS OR PROGRAMS THAT CREATE A BETTER QUALITY OF LIFE FOR ALL WHO LIVE HERE.

    Expenses $372,532 · Grants $314,356 · Revenue $7,839

  • HEALTH AND HUMAN SERVICES: EMPOWERING THE HUMAN SERVICES NONPROFIT SECTOR IN GRANT COUNTY IS SOMETHING THE COMMUNITY FOUNDATION IS PROUD TO DO ANNUALLY. OUR LOCAL AGENCIES PROVIDE NECESSARY SERVICES TO THOUSANDS OF PEOPLE IN GRANT COUNTY, AND WITHOUT US, IT WOULD BE DIFFICULT TO HELP SO MANY FULLY ACHIEVE THEIR ORGANIZATIONAL MISSIONS. OVER THIS PAST YEAR, WE HAVE GRANTED TO MULTIPLE HEALTH AND HUMAN SERVICE ORGANIZATIONS. THESE ORGANIZATIONS ARE COMMITTED TO WORKING CLOSELY WITH INDIVIDUALS IN OUR COUNTY TO HELP IMPROVE THEIR OVERALL WELL-BEING. THEY SERVE ON THE FRONT LINES TO HOLISTICALLY MONITOR THE HEALTH OF OUR CITIZENS AND FAMILIES AND WE WERE PROUD TO STEP UP OUR GRANTMAKING DURING THIS CRITICAL TIME IN OUR HISTORY.

    Expenses $134,669 · Grants $113,639 · Revenue $2,834

As filed on the 2022 return.

Listed in Part VII

  • Brittany Howey

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dan Carey

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dru McCoy

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Eric Marshall

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Heath Crouch

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeanette Hoeksema

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Keith Puffer

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Atkinson

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michelle Bunker

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mylon Logan

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Miller

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Shelby Schuh

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Valerie McHarry

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kyle Speakman

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Marty Harker

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Cory Powell

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Lee

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Sherri Rush

    CHIEF FINANCIAL OFFICER

    Total calculated
    $83,942
    From this org
    $72,002
    From related orgs
    $0
    Other
    $11,940
    Hours/week
    40 + 2 related
  • Dawn Brown

    PRESIDENT/CEO

    Total calculated
    $106,413
    From this org
    $100,531
    From related orgs
    $0
    Other
    $5,882
    Hours/week
    40 + 10 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.

Grants on this return

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.

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.

  • CF PROPERTIES ONE (1) LLC

    HOLD TITLE TO AND ACCEPT GIFTS OF REAL ESTATE · IN

Provenance

Return type
form_990
Tax year
2022
Filed
28 March 2024
IRS schema version
2022v5.0
Source object
202430949349300803

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