Form 990 for tax year 2023
Filed by THE NORTHERN CINCINNATI FOUNDATION.
Totals
- Total revenue
- $3,431,511
- Total expenses
- $2,072,078
- Contributions and grants received
- $2,454,391
- Grants paid
- $1,449,240
- Program service revenue
- $208,318
- Investment income
- $768,802
- Other revenue
- $0
- Total assets, end of year
- $24,900,377
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $24,900,377
- Program services expenses (Part IX)
- $1,573,754
- Management and general expenses
- $233,155
- Fundraising expenses
- $265,169
- Program service expenses (Part III)
- $1,573,754
Program services were 76.0% 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
$2,454,391
-
1g · Noncash contributions included above
$653,885
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $208,318 · related or exempt $208,318
-
3 · Investment income
total $658,278 · excluded $658,278
-
7a · Gross sales of assets other than inventory
securities $9,308,302
-
7b · Less cost or other basis and sales expenses
securities $9,197,778
-
7c · Gain or loss
securities $110,524
-
7d · Net gain or loss
total $110,524 · excluded $110,524
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,307,987 · program services $1,307,987
-
2 · Grants to domestic individuals
total $141,253 · program services $141,253
-
5 · Compensation of officers, directors and key employees
total $257,967 · program services $90,289 · management and general $51,594 · fundraising $116,084
-
10 · Payroll taxes
total $19,648 · program services $6,877 · management and general $3,929 · fundraising $8,842
-
11c · Fees: accounting
total $13,375 · management and general $13,375
-
11f · Fees: investment management
total $110,771 · management and general $110,771
-
11g · Fees: other
total $21,168 · program services $574 · management and general $5,731 · fundraising $14,863
-
12 · Advertising and promotion
total $18,068 · fundraising $18,068
-
13 · Office expenses
total $10,186 · program services $3,351 · management and general $3,484 · fundraising $3,351
-
14 · Information technology
total $9,250 · management and general $9,250
-
16 · Occupancy
total $25,121 · program services $8,246 · management and general $8,246 · fundraising $8,629
-
17 · Travel
total $3,890 · fundraising $3,890
-
22 · Depreciation, depletion and amortization
total $7,177 · program services $1,435 · management and general $5,024 · fundraising $718
-
23 · Insurance
total $10,223 · program services $3,579 · management and general $2,045 · fundraising $4,599
-
24a · Other expenses: DEVELOPMENT/FUNDRAISING
total $70,029 · fundraising $70,029
-
24b · Other expenses: EQUIPMENT RENTAL & MAIN
total $33,877 · program services $10,163 · management and general $10,163 · fundraising $13,551
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $9,543 · management and general $9,543
-
24d · Other expenses: ORGANIZATIONAL DUES
total $2,545 · fundraising $2,545
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,561,641 · end of year $3,026,389
-
10a · Land, buildings and equipment: cost or other basis
$254,590
-
10b · Land, buildings and equipment: accumulated depreciation
$22,414
-
10c · Land, buildings and equipment, net
beginning of year $239,353 · end of year $232,176
-
11 · Investments: publicly traded securities
beginning of year $19,587,650 · end of year $21,641,812
-
27 · Net assets without donor restrictions
beginning of year $21,388,644 · end of year $24,900,377
Mission and programs · 2023
Mission
TRANSFORMING GENEROSITY INTO IMPACT BY ENCOURAGING, SUPPORTING, AND FACILITATING PHILANTHROPY TO CREATE MORE VIBRANT COMMUNITIES IN NORTHERN CINCINNATI.
Activities or mission (Part I)
TRANSFORMING GENEROSITY INTO IMPACT BY ENCOURAGING, SUPPORT AND FACILITATING PHILANTHROPY TO CREATE MORE VIBRANT COMMUNITIES IN NORTHERN CINCINNNATI.
-
THE NORTHERN CINCINNATI FOUNDATION GRANTS OVER $1M ANNUALLY THROUGH SCHOLARSHIPS AND DONOR FUNDS TO SUPPORT LOCAL AND NATIONAL CHARITABLE CAUSES.
Expenses $1,513,504 · Grants $1,389,240 · Revenue $208,318
-
THE NORTHERN CINCINNATI FOUNDATION GRANTS OVER $50,000 ANNUALLY THROUGH THE COMMUNITY GRANTS AND COMMUNITY SCHOLARSHIPS PROGRAMS. THE GRANT DOLLARS ARE RAISED THROUGH ANNUAL FUNDRAISING EFFORTS BY THE FOUNDATION. 100% OF THE PROCEEDS ARE USED FOR GRANTING PURPOSES IN OUR COMMUNITIES.
Expenses $50,000 · Grants $50,000
-
THE POWER OF THE PURSE (POP) FUND IS A WOMEN'S GIVING CIRCLE DEDICATED TO STRENGTHENING THE COMMUNITY BY PROVIDING GRANT FUNDS TO NON-PROFIT ORGANIZATIONS SERVING THE INTERESTS OF WOMEN & CHILDREN. MEMBERS OF POP WORK TO EDUCATE AND INSPIRE OTHERS, AND PROMOTE PHILANTHROPY AMONG WOMEN IN OUR COMMUNITY. POWER OF THE PURSE ACCEPTS GRANT REQUESTS FOR NEW OR EXISTING PROJECTS THAT FOCUS ON MEETING THE BASIC NEEDS OF FOOD, SHELTER, OR HEALTH CARE FOR WOMEN OR CHILDREN IN OUR COMMUNITIES.
Expenses $10,250 · Grants $10,000
As filed on the 2023 return.
Listed in Part VII
-
Erin SatzgerERIN SATZGER
PRESIDENT & CEO
- Total calculated
- $136,900
- From this org
- $133,000
- From related orgs
- $0
- Other
- $3,900
- Hours/week
- 40
-
Karen GibbsKAREN GIBBS
VICE PRESIDENT
- Total calculated
- $69,950
- From this org
- $68,000
- From related orgs
- $0
- Other
- $1,950
- Hours/week
- 40
-
Nancy FisterNANCY FISTER
VICE PRESIDENT OF FINANCE
- Total calculated
- $50,380
- From this org
- $49,000
- From related orgs
- $0
- Other
- $1,380
- Hours/week
- 20
-
Jeanne BraunsJEANNE BRAUNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Ben HelwigBEN HELWIG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kris TitkoKRIS TITKO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Gail Jackson-MillerGAIL JACKSON-MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Ray MurrayRAY MURRAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
William SchumackerWILLIAM SCHUMACKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Carol RussellCAROL RUSSELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Seth PriestleSETH PRIESTLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Dan BenhaseDAN BENHASE
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dave BrunoDAVE BRUNO
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nick EngerNICK ENGER
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Ian MurrayIAN MURRAY
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
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
-
OPERATING SUPPORT
-
ST SUSANNA CATHOLIC CHURCH
$63,586
GYMNASIUM/CHURCH PROGRAMMING
-
OPERATING SUPPORT
-
OPERATING SUPPORT
-
$49,600
OPERATING SUPPORT
-
WEST CHESTER TOWNSHIP
$42,718
COMMUNITY EVENTS
-
METROPARKS OF BUTLER COUNTY
$40,587
PARK MAINTENANCE & IMPROVEMENTS
-
$37,727
DONATION IN MEMORY OF ZACH SMITH
-
$30,000
OPERATING SUPPORT
-
$30,000
OPERATING SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413169349304321
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