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Nonprofiteer
← COLUMBUS CAPITAL FOUNDATION INC

Form 990 for tax year 2024

Filed by COLUMBUS CAPITAL FOUNDATION INC.

Totals

Total revenue
$1,454,759
Total expenses
$1,938,292
Contributions and grants received
$961,745
Grants paid
$1,533,973
Program service revenue
$2,855
Investment income
$27,552
Other revenue
$462,607
Total assets, end of year
$2,900,512
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,900,512
Program services expenses (Part IX)
$1,894,237
Management and general expenses
$44,055
Fundraising expenses
$0
Program service expenses (Part III)
$1,894,237

Program services were 97.7% 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.

  • 1d · Related organizations

    $667,299

  • 1f · All other contributions, gifts and grants

    $294,446

  • 2a · Program service revenue: CRUMP PROGRAM INCOME

    total $2,855 · related or exempt $2,855

  • 3 · Investment income

    total $27,552 · excluded $27,552

  • 6a · Gross rents

    real property $60,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $60,000

  • 6d · Net rental income or loss

    total $60,000 · related or exempt $60,000

  • 8a · Fundraising events: gross income

    $29,434

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $29,434 · excluded $29,434

  • 11a · Other revenue: COMMONS OFFICE PARTNER

    total $374,798 · excluded $374,798

  • 11b · Other revenue: VISION HOTEL PARTNERS,

    total -$1,625 · excluded -$1,625

  • 11e · Other revenue, total

    $373,173

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,533,973 · program services $1,533,973

  • 7 · Other salaries and wages

    total $20,800 · program services $20,800

  • 11a · Fees: management

    total $70,000 · program services $70,000

  • 11b · Fees: legal

    total $27,848 · management and general $27,848

  • 11c · Fees: accounting

    total $16,122 · management and general $16,122

  • 11g · Fees: other

    total $23,662 · program services $23,577 · management and general $85

  • 12 · Advertising and promotion

    total $19,160 · program services $19,160

  • 13 · Office expenses

    total $643 · program services $643

  • 16 · Occupancy

    total $56,541 · program services $56,541

  • 17 · Travel

    total $451 · program services $451

  • 22 · Depreciation, depletion and amortization

    total $9,557 · program services $9,557

  • 23 · Insurance

    total $12,689 · program services $12,689

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $46,860 · program services $46,860

  • 24b · Other expenses: LAWN CARE

    total $40,051 · program services $40,051

  • 24c · Other expenses: SUPPLIES

    total $35,176 · program services $35,176

  • 24d · Other expenses: TAXES

    total $8,818 · program services $8,818

  • 24e · All other expenses

    total $15,941 · program services $15,941

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $40,216 · end of year $135,379

  • 2 · Savings and temporary cash investments

    beginning of year $879,609 · end of year $0

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

    $2,567,341

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

    $108,430

  • 10c · Land, buildings and equipment, net

    beginning of year $2,371,169 · end of year $2,458,911

  • 15 · Other assets

    beginning of year $93,051 · end of year $306,222

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $3,384,045 · end of year $2,900,512

Mission and programs · 2024

Mission

THE ORGANIZATION WAS ESTABLISHED TO SUPPORT THE HERITAGE FUND - THE COMMUNITY FOUNDATION OF BARTHOLOMEW COUNTY, INC., THE CITY OF COLUMBUS AND BARTHOLOMEW COUNTY IN INDIANA BY PRESERVING AND MAINTAINING LAND AND BUILDINGS OF HISTORIC OR ARCHITECTURAL SIGNFICANCE TO THE COMMUNITY.

  • PRESERVATION OF LAND AND BUILDINGS OF HISTORIC AND/OR ARCHITECTURAL SIGNIFICANCE TO THE COMMUNITY

    Expenses $1,894,237 · Grants $1,533,973 · Revenue $62,855

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Russell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Carl Lienhoop

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Burnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mary Ferdon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Hutch Schumaker

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Tracy Souza

    SECRETARY

    Total calculated
    $214,204
    From this org
    $0
    From related orgs
    $202,000
    Other
    $12,204
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0 + $202,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,120 related
    Nontaxable benefits
    $0 + $84 related
    Filer's total
    $0 + $214,204 related

  • Jim Lienhoop

    TREASURER

    Total calculated
    $0
    Hours/week
    2

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)

PART I, LINE 3
HERITAGE FUND OF BARTHOLOMEW COUNTY, INC. UTILIZES COMPENSATION BENCHMARKING AND APPROVAL OF THE BOARD AND/OR COMPENSATION COMMITTEE TO DETERMINE THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR.

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

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.

  • COLUMBUS COMMONS WEST LLC

    FACILITY MANAGEMENT · IN · income $373,171 · assets $305,722

  • 450 JACKSON LLC

    FACILITY MANAGEMENT · IN · income $60,000 · assets $1,169,025

  • COLUMBUS CRUMP LLC

    FACILITY MANAGEMENT · IN · income $296,735 · assets $366,552

  • 850 TIPTON LLC

    FACILITY MANAGEMENT · IN · income $127,552 · assets $0

  • 1034 WASHINGTON STREET LLC

    FACILITY MANAGEMENT · IN · income $0 · assets $406,033

  • IRWIN BLOCK LLC

    FACILITY MANAGEMENT · IN · income $0 · assets $597,299

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202533189349301843

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