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Nonprofiteer
← HAMILTON COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by HAMILTON COMMUNITY FOUNDATION INC.

Totals

Total revenue
$17,995,385
Total expenses
$8,363,574
Contributions and grants received
$13,542,767
Grants paid
$6,508,159
Program service revenue
$1,324,185
Investment income
$3,128,433
Other revenue
$0
Total assets, end of year
$133,764,433
Total liabilities, end of year
$14,214,764
Net assets or fund balances, end of year
$119,549,669
Program services expenses (Part IX)
$7,384,392
Management and general expenses
$815,669
Fundraising expenses
$163,513
Program service expenses (Part III)
$7,384,392

Program services were 88.3% 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

    $981

  • 1e · Government grants (contributions)

    $139,281

  • 1f · All other contributions, gifts and grants

    $13,402,505

  • 1g · Noncash contributions included above

    $986,581

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $1,034,034 · related or exempt $1,034,034

  • 2b · Program service revenue: OTHER ADMINISTRATIVE SERVICES

    total $290,151 · related or exempt $290,151

  • 3 · Investment income

    total $1,565,323 · unrelated business $6,011 · excluded $1,559,312

  • 7a · Gross sales of assets other than inventory

    securities $4,512,549

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

    securities $2,949,439

  • 7c · Gain or loss

    securities $1,563,110

  • 7d · Net gain or loss

    total $1,563,110 · excluded $1,563,110

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,084,235 · program services $5,084,235

  • 2 · Grants to domestic individuals

    total $1,313,954 · program services $1,313,954

  • 3 · Grants to foreign organizations and individuals

    total $109,970 · program services $109,970

  • 5 · Compensation of officers, directors and key employees

    total $404,411 · program services $202,206 · management and general $121,323 · fundraising $80,882

  • 7 · Other salaries and wages

    total $145,131 · program services $72,565 · management and general $43,540 · fundraising $29,026

  • 8 · Pension plan contributions

    total $9,890 · program services $4,945 · management and general $2,967 · fundraising $1,978

  • 10 · Payroll taxes

    total $40,361 · program services $20,181 · management and general $12,108 · fundraising $8,072

  • 11c · Fees: accounting

    total $35,965 · program services $7,193 · management and general $25,176 · fundraising $3,596

  • 11f · Fees: investment management

    total $271,504 · management and general $271,504

  • 11g · Fees: other

    total $3,234 · program services $647 · management and general $2,264 · fundraising $323

  • 12 · Advertising and promotion

    total $51,898 · program services $15,569 · management and general $5,190 · fundraising $31,139

  • 13 · Office expenses

    total $47,788 · program services $14,816 · management and general $32,972

  • 14 · Information technology

    total $48,432 · program services $9,686 · management and general $33,903 · fundraising $4,843

  • 16 · Occupancy

    total $87,842 · program services $68,391 · management and general $19,451

  • 17 · Travel

    total $873 · program services $437 · management and general $262 · fundraising $174

  • 20 · Interest

    total $301,608 · program services $301,608

  • 22 · Depreciation, depletion and amortization

    total $214,069 · management and general $214,069

  • 23 · Insurance

    total $9,561 · management and general $9,561

  • 24a · Other expenses: PROGRAM EXPENSE

    total $160,929 · program services $151,753 · management and general $6,882 · fundraising $2,294

  • 24b · Other expenses: MISCELLANEOUS

    total $14,141 · program services $0 · management and general $14,141 · fundraising $0

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $3,940 · program services $3,349 · management and general $197 · fundraising $394

  • 24d · Other expenses: BOARD DEVELOPMENT AND D

    total $2,253 · program services $2,253 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $1,585 · program services $634 · management and general $159 · fundraising $792

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,982,352 · end of year $5,739,954

  • 2 · Savings and temporary cash investments

    beginning of year $1,326,933 · end of year $154,645

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $1,500

  • 7 · Other notes and loans receivable

    beginning of year $18,878,394 · end of year $19,098,669

  • 9 · Prepaid expenses and deferred charges

    beginning of year $456 · end of year $868

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

    $8,953,348

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

    $5,599,240

  • 10c · Land, buildings and equipment, net

    beginning of year $3,567,267 · end of year $3,354,108

  • 11 · Investments: publicly traded securities

    beginning of year $105,945,557 · end of year $92,247,588

  • 12 · Investments: other securities

    beginning of year $13,728,657 · end of year $12,686,275

  • 15 · Other assets

    beginning of year $475,967 · end of year $480,826

  • 17 · Accounts payable and accrued expenses

    beginning of year $157,381 · end of year $695,301

  • 18 · Grants payable

    beginning of year $1,627,105 · end of year $1,174,702

  • 21 · Escrow or custodial account liability

    beginning of year $1,711,755 · end of year $1,844,761

  • 23 · Secured mortgages and notes payable

    beginning of year $10,241,518 · end of year $10,500,000

  • 27 · Net assets without donor restrictions

    beginning of year $31,634,616 · end of year $27,224,479

  • 28 · Net assets with donor restrictions

    beginning of year $100,533,208 · end of year $92,325,190

Mission and programs · 2022

Mission

THE FOUNDATION RECEIVES CONTRIBUTIONS FROM DONORS IN THE COMMUNITY AND THEN THROUGH THE ABOVE GIFTS AND GRANTS ENRICH THE COMMUNITY THROUGH STRATEGIC GRANT MAKING IN THE FIELDS OF THE ARTS, EDUCATION, HOUSING, SOCIAL SERVICES, CIVIC BEAUTIFICATION, COMMUNITY DEVELOPMENT AND RECREATION.

Activities or mission (Part I)

BUILDING A BETTER COMMUNITY THROUGH CREATIVE PHILANTHROPY, VISION, AND LEADERSHIP.

  • THE FOUNDATION RECEIVES CONTRIBUTIONS FROM DONORS IN THE COMMUNITY AND THEN THROUGH THE ABOVE GIFTS AND GRANTS ENRICHES THE COMMUNITY THROUGH STRATEGIC GRANT MAKING IN THE FIELDS OF THE ARTS, EDUCATION, HOUSING, SOCIAL SERVICES, CIVIC BEAUTIFICATION, COMMUNITY DEVELOPMENT AND RECREATION.

    Expenses $7,384,392 · Grants $6,508,159 · Revenue $1,324,185

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Herman Sandy Sanders

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jason Crank

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Chamina Curtis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Scott Kruger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Helen Niki Motley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Cynthia V Parrish

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Susan Vaughn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Kirsch

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Cynamon Trokhan

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Robert Long

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Andrew Schuster

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • John Guidugli

    CEO

    Total calculated
    $191,787
    From this org
    $182,700
    From related orgs
    $0
    Other
    $9,087
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,700
    Bonus
    $0
    Other
    $0
    Deferred
    $9,087
    Nontaxable benefits
    $0
    Filer's total
    $191,787

  • Karen Braswell

    VICE PRESIDENT

    Total calculated
    $116,283
    From this org
    $110,781
    From related orgs
    $0
    Other
    $5,502
    Hours/week
    40

  • Dan Sander

    VP OF FINANCE (END DATE 4/7/22)

    Total calculated
    $41,394
    From this org
    $39,696
    From related orgs
    $0
    Other
    $1,698
    Hours/week
    40

  • Crystal Reece

    FINANCE DIRECTOR (START DATE 5/16/22)

    Total calculated
    $54,947
    From this org
    $54,947
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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 1A
THE ORGANIZATION DOES NOT REIMBURSE OR ALLOW EXPENSES INCURRED BY ANY DIRECTOR, TRUSTEE, OR OFFICER.

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202303149349302740

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.