Form 990 for tax year 2024
Filed by BOWLING GREEN COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $478,112
- Total expenses
- $535,207
- Contributions and grants received
- $98,062
- Grants paid
- $408,223
- Program service revenue
- $30,842
- Investment income
- $331,749
- Other revenue
- $17,459
- Total assets, end of year
- $11,200,758
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $11,200,758
- Program services expenses (Part IX)
- $532,063
- Management and general expenses
- $3,144
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $532,063
Program services were 99.4% 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
$675
-
1f · All other contributions, gifts and grants
$97,387
-
2a · Program service revenue: Hometown Heros Banner Program
total $30,842
-
3 · Investment income
total $331,749
-
8a · Fundraising events: gross income
$26,950
-
8a · Fundraising events: contributions included on line 1c
$675
-
8b · Fundraising events: direct expenses
$9,491
-
8c · Net income from fundraising events
total $17,459
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $400,723 · program services $400,723
-
2 · Grants to domestic individuals
total $7,500 · program services $7,500
-
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 $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $975 · management and general $975
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $6,084 · program services $6,084
-
13 · Office expenses
total $2,094 · program services $2,094
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
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 $2,169 · management and general $2,169
-
24a · Other expenses: Administrative Fees
total $77,989 · program services $77,989
-
24b · Other expenses: Labor
total $12,400 · program services $12,400
-
24c · Other expenses: Committees
total $2,961 · program services $2,961
-
24d · Other expenses: Hometown Heros Banner Program
total $22,121 · program services $22,121
-
24e · All other expenses
total $191 · program services $191
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,454 · end of year $10,767
-
2 · Savings and temporary cash investments
beginning of year $76,946 · end of year $85,945
-
10a · Land, buildings and equipment: cost or other basis
$2,821
-
10b · Land, buildings and equipment: accumulated depreciation
$2,821
-
11 · Investments: publicly traded securities
beginning of year $9,989,947 · end of year $11,104,046
-
27 · Net assets without donor restrictions
beginning of year $4,219,851 · end of year $5,348,262
-
28 · Net assets with donor restrictions
beginning of year $5,852,496 · end of year $5,852,496
Mission and programs · 2024
Mission
The Bowling Green Community Foundation, a nonprofit entity, exists to improve the quality of life in the Bowling Green area by providing funding and support for programs that will enhance the health, welfare, and vitality of the Bowling Green community.
Activities or mission (Part I)
Community foundation in support of local not-for-profit organizations and providing college scholarships to local high school graduates.
-
Provided college scholarships to 5 local high school graduates and cash grants to 18 local not-for-profit organizations. In addition, we provided support to downtown events such as July 4th Fireworks and the Holiday Parade.
Expenses $509,942
-
The Bowling Green Hometown Heroes Program is a heartfelt initiative that honors military service members, both past and present, who have ties to the Bowling Green area. The foundation is proud that we honored 164 soldiers with banner in 2024 and 64 soldiers in 2025.
Expenses $22,121 · Revenue $30,842
As filed on the 2024 return.
Listed in Part VII
-
Marcia Latta EdD
President
- Total calculated
- $0
- Hours/week
- 10
-
Joe Edens
President-Elect
- Total calculated
- $0
- Hours/week
- 1
-
Randall J Roberts
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
David Maurer
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Abhishek Bhati PhD
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jim Czerniak
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay Jo Durham
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Nick Hogrefe
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Diane R Huffman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
John T Cuckler
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca C Ferguson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Inge Klopping PhD
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jan Larson McLaughlin
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jason D Miller
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jim Phares
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mike Marsh
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Stacy Poca
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Justin White
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Martha Woelke
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
-
$7,500
-
$6,366
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202511269349302966
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.