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Nonprofiteer
← COMMUNITY FOUNDATIONS INC

Form 990 for tax year 2022

Filed by COMMUNITY FOUNDATIONS INC.

Totals

Total revenue
$5,767,634
Total expenses
$5,200,547
Contributions and grants received
$2,367,135
Grants paid
$4,598,096
Program service revenue
$0
Investment income
$3,400,485
Other revenue
$14
Total assets, end of year
$67,171,680
Total liabilities, end of year
$608,869
Net assets or fund balances, end of year
$66,562,811
Program services expenses (Part IX)
$4,826,907
Management and general expenses
$229,353
Fundraising expenses
$144,287
Program service expenses (Part III)
$4,826,907

Program services were 92.8% 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

    $2,367,135

  • 1g · Noncash contributions included above

    $210,283

  • 3 · Investment income

    total $1,468,382 · excluded $1,468,382

  • 5 · Royalties

    total $14 · excluded $14

  • 7a · Gross sales of assets other than inventory

    securities $11,314,135

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

    securities $9,382,032

  • 7c · Gain or loss

    securities $1,932,103

  • 7d · Net gain or loss

    total $1,932,103 · excluded $1,932,103

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,598,096 · program services $4,598,096

  • 11a · Fees: management

    total $405,942 · program services $154,177 · management and general $154,542 · fundraising $97,223

  • 11f · Fees: investment management

    total $196,280 · program services $74,547 · management and general $74,724 · fundraising $47,009

  • 24a · Other expenses: OTHER EXPENSES

    total $229 · program services $87 · management and general $87 · fundraising $55

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $5,076,672 · end of year $4,158,780

  • 4 · Accounts receivable

    beginning of year $14,489 · end of year $14,965

  • 11 · Investments: publicly traded securities

    beginning of year $74,094,060 · end of year $60,643,617

  • 12 · Investments: other securities

    beginning of year $2,879,898 · end of year $2,354,318

  • 18 · Grants payable

    beginning of year $582,250 · end of year $608,869

  • 27 · Net assets without donor restrictions

    beginning of year $81,482,869 · end of year $66,562,811

Mission and programs · 2022

Mission

SEE SCHEDULE O.

Activities or mission (Part I)

THIS FOUNDATION ASSISTS OTHERS IN IMPROVING THE COMMUNITY FOR THE BENEFIT OF ALL ITS CITIZENS.

  • ADVANCING PHILANTHROPY

    Expenses $1,662,373 · Grants $1,583,571

  • EDUCATION

    Expenses $1,133,253 · Grants $1,079,533

  • SOCIAL SERVICES

    Expenses $664,605 · Grants $633,100

  • ARTS AND HUMANITIES

    Expenses $419,567 · Grants $399,679

  • HEALTH

    Expenses $329,634 · Grants $314,008

  • RELIGION

    Expenses $285,067 · Grants $271,553

  • URBAN AFFAIRS

    Expenses $271,523 · Grants $258,652

  • CONSERVATION

    Expenses $60,885 · Grants $58,000

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

Listed in Part VII

  • Nancy Kramer

    CHAIRPERSON/TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Clark Kellogg

    VICE CHAIR/TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey W Edwards

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • George S Barrett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lisa Ingram

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael P Glimcher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Katie Wolfe Lloyd

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Marchelle E Moore

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Matthew A Scantland

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Douglas F Kridler

    PRESIDENT & CEO

    Total calculated
    $707,277
    From this org
    $0
    From related orgs
    $605,659
    Other
    $101,618
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $504,162 related
    Bonus
    $0 + $101,497 related
    Other
    $0
    Deferred
    $0 + $80,500 related
    Nontaxable benefits
    $0 + $21,118 related
    Filer's total
    $0 + $707,277 related

  • Scott G Heitkamp CPA

    VICE PRESIDENT & CFO

    Total calculated
    $414,206
    From this org
    $0
    From related orgs
    $355,752
    Other
    $58,454
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $316,461 related
    Bonus
    $0 + $39,291 related
    Other
    $0
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $27,954 related
    Filer's total
    $0 + $414,206 related

  • Angela G Parsons

    VICE PRESIDENT OF DSD

    Total calculated
    $351,114
    From this org
    $0
    From related orgs
    $293,063
    Other
    $58,051
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,360 related
    Bonus
    $0 + $41,703 related
    Other
    $0
    Deferred
    $0 + $30,098 related
    Nontaxable benefits
    $0 + $27,953 related
    Filer's total
    $0 + $351,114 related

  • Dan A Sharpe

    VICE PRESIDENT OF CRGM

    Total calculated
    $293,479
    From this org
    $0
    From related orgs
    $257,572
    Other
    $35,907
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $214,688 related
    Bonus
    $0 + $42,884 related
    Other
    $0
    Deferred
    $0 + $25,971 related
    Nontaxable benefits
    $0 + $9,936 related
    Filer's total
    $0 + $293,479 related

  • Gregg Oosterbaan

    VICE PRESIDENT - INFORMATI

    Total calculated
    $222,414
    From this org
    $0
    From related orgs
    $176,178
    Other
    $46,236
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $176,178 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $18,282 related
    Nontaxable benefits
    $0 + $27,954 related
    Filer's total
    $0 + $222,414 related

  • Tamara J Durrence

    VICE PRESIDENT - SUPPORTIN

    Total calculated
    $214,397
    From this org
    $0
    From related orgs
    $174,899
    Other
    $39,498
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $174,899 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $18,321 related
    Nontaxable benefits
    $0 + $21,177 related
    Filer's total
    $0 + $214,397 related

  • Amy Vick

    VICE PRESIDENT - COMMUNICA

    Total calculated
    $188,297
    From this org
    $0
    From related orgs
    $144,957
    Other
    $43,340
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $144,957 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $15,410 related
    Nontaxable benefits
    $0 + $27,930 related
    Filer's total
    $0 + $188,297 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. 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

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.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202313199349306391

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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