Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $27,296,923

• 1g · Noncash contributions included above

  $75,696

• 2a · Program service revenue: RELATED ORGANIZATION MANAGEMENT F

  total $52,545 · related or exempt $52,545

• 3 · Investment income

  total $2,922,962 · unrelated business -$77,285 · excluded $3,000,247

• 7a · Gross sales of assets other than inventory

  securities $46,868,209

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

  securities $44,249,789

• 7c · Gain or loss

  securities $2,618,420

• 7d · Net gain or loss

  total $2,618,420 · unrelated business $2,349 · excluded $2,616,071

• 11a · Other revenue: OTHER REVENUE

  total $35 · excluded $35

• 11e · Other revenue, total

  $35

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,276,665 · program services $7,276,665

• 5 · Compensation of officers, directors and key employees

  total $447,993 · program services $125,697 · management and general $211,224 · fundraising $111,072

• 7 · Other salaries and wages

  total $1,643,037 · program services $813,079 · management and general $317,388 · fundraising $512,570

• 8 · Pension plan contributions

  total $76,201 · program services $39,316 · management and general $14,664 · fundraising $22,221

• 9 · Other employee benefits

  total $203,027 · program services $98,293 · management and general $46,510 · fundraising $58,224

• 10 · Payroll taxes

  total $144,920 · program services $65,287 · management and general $36,079 · fundraising $43,554

• 11b · Fees: legal

  total $20,588 · management and general $20,098 · fundraising $490

• 11c · Fees: accounting

  total $55,481 · program services $1,143 · management and general $54,338

• 11d · Fees: lobbying

  total $33,000 · program services $33,000

• 11f · Fees: investment management

  total $165,907 · management and general $165,907

• 11g · Fees: other

  total $1,430,037 · program services $1,413,825 · management and general $10,452 · fundraising $5,760

• 12 · Advertising and promotion

  total $86,186 · program services $21,000 · fundraising $65,186

• 13 · Office expenses

  total $130,347 · program services $37,713 · management and general $84,556 · fundraising $8,078

• 14 · Information technology

  total $182,089 · program services $56,550 · management and general $90,800 · fundraising $34,739

• 16 · Occupancy

  total $150,286 · program services $145 · management and general $150,141

• 17 · Travel

  total $73,648 · program services $42,694 · management and general $17,419 · fundraising $13,535

• 19 · Conferences, conventions and meetings

  total $89,338 · program services $68,762 · management and general $8,566 · fundraising $12,010

• 22 · Depreciation, depletion and amortization

  total $62,906 · management and general $62,906

• 23 · Insurance

  total $21,481 · program services $4,514 · management and general $16,967

• 24a · Other expenses: DONOR DEVELOPMENT

  total $303,191 · program services $215,067 · management and general $79 · fundraising $88,045

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $90,749 · program services $2,244 · management and general $78,576 · fundraising $9,929

• 24e · All other expenses

  total $54,844 · program services $43,745 · management and general $10,910 · fundraising $189

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,925,073 · end of year $1,466,411

• 3 · Pledges and grants receivable

  beginning of year $785,851 · end of year $739,458

• 4 · Accounts receivable

  end of year $90,608

• 9 · Prepaid expenses and deferred charges

  beginning of year $101,958 · end of year $59,397

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

  $887,545

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

  $757,231

• 10c · Land, buildings and equipment, net

  beginning of year $188,123 · end of year $130,314

• 11 · Investments: publicly traded securities

  beginning of year $93,496,430 · end of year $64,798,208

• 12 · Investments: other securities

  beginning of year $134,583,650 · end of year $149,414,589

• 17 · Accounts payable and accrued expenses

  beginning of year $439,803 · end of year $518,780

• 18 · Grants payable

  beginning of year $114,938 · end of year $89,848

• 25 · Other liabilities

  beginning of year $89,454 · end of year $72,318

• 27 · Net assets without donor restrictions

  beginning of year $24,136,202 · end of year $21,905,505

• 28 · Net assets with donor restrictions

  beginning of year $206,300,688 · end of year $194,112,534

The filer's explanations (Part III)

PART I, LINE 1A

THE COMMUNITY FOUNDATION WILL NOT PAY OR REIMBURSE FOR ANY HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES. SHOULD THE COMMUNITY FOUNDATION HAVE A GOLF COURSE OR OTHER TYPE OF DINING ROOM MEMBERSHIP, IT IS INTENDED TO BE USED FOR BUSINESS RELATED MEETINGS. ANY PERSONAL, NON-BUSINESS RELATED USE OF SUCH DINING MEMBERSHIP MUST BE APPROVED IN ADVANCE BY THE PRESIDENT, AND THE EMPLOYEE MUST REIMBURSE THE COMMUNITY FOUNDATION FOR SUCH USE NO LATER THAN FIVE (5) BUSINESS DAYS AFTER RECEIPT OF THE BILL. THE COMMUNITY FOUNDATION DOES HAVE A DINING MEMBERSHIP AT A GOLF CLUB; HOWEVER, THE MEMBERSHIP IS IN THE PRESIDENT'S NAME DUE TO THE FACT THE GOLF CLUB DOES NOT ALLOW BUSINESSES TO HAVE A MEMBERSHIP. THE MEMBERSHIP IS NOT INCLUDED ON THE PRESIDENT'S W-2 AS IT IS NOT FOR HIS PERSONAL USE OR BENEFIT, IT IS STRICTLY BUSINESS USE. THE POLICY NOTED ABOVE IS FOLLOWED AND CLOSELY MONITORED.