Form 990 for tax year 2024
Filed by COMMUNITY FOUNDATION OF THE EASTERN SHORE INC.
Totals
- Total revenue
- $17,564,499
- Total expenses
- $10,370,247
- Contributions and grants received
- $9,678,965
- Grants paid
- $8,590,280
- Program service revenue
- $0
- Investment income
- $7,403,359
- Other revenue
- $482,175
- Total assets, end of year
- $198,762,465
- Total liabilities, end of year
- $60,385,465
- Net assets or fund balances, end of year
- $138,377,000
- Program services expenses (Part IX)
- $9,156,763
- Management and general expenses
- $586,280
- Fundraising expenses
- $627,204
- Program service expenses (Part III)
- $9,156,763
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.
-
1f · All other contributions, gifts and grants
$9,678,965
-
1g · Noncash contributions included above
$1,095,703
-
3 · Investment income
total $7,294,748 · related or exempt $7,294,748
-
7a · Gross sales of assets other than inventory
securities $5,739,348
-
7b · Less cost or other basis and sales expenses
securities $5,630,737
-
7c · Gain or loss
securities $108,611
-
7d · Net gain or loss
total $108,611 · related or exempt $108,611
-
11a · Other revenue: ADMINISTRATIVE FEES
total $466,950 · related or exempt $466,950
-
11b · Other revenue: MISCELLANEOUS REVENUE
total $16,880 · related or exempt $16,880
-
11c · Other revenue: SHARED FACILITIES REIMBURSEMENT
total -$1,655 · related or exempt -$1,655
-
11e · Other revenue, total
$482,175
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $8,043,860 · program services $8,043,860
-
2 · Grants to domestic individuals
total $546,420 · program services $546,420
-
5 · Compensation of officers, directors and key employees
total $165,000 · program services $49,500 · management and general $33,000 · fundraising $82,500
-
7 · Other salaries and wages
total $792,054 · program services $285,469 · management and general $273,257 · fundraising $233,328
-
8 · Pension plan contributions
total $54,726 · program services $19,154 · management and general $17,512 · fundraising $18,060
-
9 · Other employee benefits
total $103,132 · program services $36,096 · management and general $33,002 · fundraising $34,034
-
10 · Payroll taxes
total $71,186 · program services $24,915 · management and general $22,780 · fundraising $23,491
-
11c · Fees: accounting
total $24,375 · management and general $24,373 · fundraising $2
-
11g · Fees: other
total $33,733 · program services $32,669 · management and general $1,064
-
12 · Advertising and promotion
total $79,923 · program services $5,256 · management and general $10,021 · fundraising $64,646
-
13 · Office expenses
total $23,574 · program services $202 · management and general $22,366 · fundraising $1,006
-
14 · Information technology
total $119,539 · program services $34,042 · management and general $60,235 · fundraising $25,262
-
16 · Occupancy
total $76,618 · program services $26,816 · management and general $24,518 · fundraising $25,284
-
19 · Conferences, conventions and meetings
total $34,029 · program services $830 · management and general $6,690 · fundraising $26,509
-
22 · Depreciation, depletion and amortization
total $51,597 · program services $18,575 · management and general $19,091 · fundraising $13,931
-
24a · Other expenses: SPONSORSHIPS
total $51,723 · management and general $750 · fundraising $50,973
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $36,080 · program services $8,015 · management and general $22,700 · fundraising $5,365
-
24c · Other expenses: EDUCATION AND TRAVEL
total $24,261 · program services $5,512 · management and general $8,195 · fundraising $10,554
-
24d · Other expenses: PROGRAM EVENTS
total $19,432 · program services $19,432
-
24e · All other expenses
total $18,985 · management and general $6,726 · fundraising $12,259
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $157,812 · end of year $80,604
-
2 · Savings and temporary cash investments
beginning of year $427,636 · end of year $544,889
-
9 · Prepaid expenses and deferred charges
beginning of year $111,798 · end of year $161,251
-
10a · Land, buildings and equipment: cost or other basis
$1,792,570
-
10b · Land, buildings and equipment: accumulated depreciation
$755,037
-
10c · Land, buildings and equipment, net
beginning of year $1,057,465 · end of year $1,037,533
-
11 · Investments: publicly traded securities
beginning of year $175,785,450 · end of year $194,065,570
-
15 · Other assets
beginning of year $2,222,560 · end of year $2,872,618
-
17 · Accounts payable and accrued expenses
beginning of year $174,390 · end of year $162,691
-
19 · Deferred revenue
beginning of year $12,333 · end of year $40,200
-
25 · Other liabilities
beginning of year $54,544,564 · end of year $60,182,574
-
27 · Net assets without donor restrictions
beginning of year $9,709,235 · end of year $9,979,492
-
28 · Net assets with donor restrictions
beginning of year $115,322,199 · end of year $128,397,508
Mission and programs · 2024
Mission
INSPIRING COMMUNITY PHILANTHROPY AND CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER.
Activities or mission (Part I)
INSPIRING COMMUNITY PHILANTHROPY AND CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER. THE FOUNDATION'S VISION IS TO CREATE THRIVING COMMUNITIES ON MARYLAND'S EASTERN SHORE WHERE WE CAN LIVE AND PROSPER TOGETHER.
-
EDUCATION - TO ASSIST VARIOUS SCHOOLS, COLLEGES, UNIVERSITIES AND LIBRARIES WITH FINANCIAL SUPPORT AND SCHOLARSHIPS AS WELL AS SUPPORT FOR VARIOUS NON-PROFIT'S EDUCATIONAL INITIATIVES.
Expenses $2,695,201 · Grants $2,695,201
-
HUMAN SERVICES - TO ASSIST VARIOUS ORGANIZATIONS IN PROVIDING EMERGENCY AND SOCIAL SERVICES TO THE COMMUNITY
Expenses $2,318,988 · Grants $2,318,988
-
HEALTH BASED PROGRAMS - TO ASSIST VARIOUS ORGANIZATIONS IN PROVIDING PROGRAMS AND SERVICES TO THE COMMUNITY.
Expenses $951,124 · Grants $951,124
-
ANIMAL-RELATED, ARTS, CULTURE & HUMANITIES, COMMUNITY DEVELOPMENT, ENVIRONMENTAL QUALITY, PROTECTION & BEAUTIFICATION, FAITH BASED, & YOUTH.
Expenses $3,191,450 · Grants $2,624,967
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ed BarberED BARBER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dean LewisDEAN LEWIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dr Richard Warren JrDR RICHARD WARREN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gregory TawesGREGORY TAWES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Allen Brown SrALLEN BROWN SR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robin EvansROBIN EVANS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Tyrone MillsTYRONE MILLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William McCainWILLIAM MCCAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ginnie MaloneGINNIE MALONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janice PerdueJANICE PERDUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melody NelsonMELODY NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lu Ann GoldsboroughLU ANN GOLDSBOROUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andy KimANDY KIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Annette E WallaceDR ANNETTE E WALLACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John PhoebusJOHN PHOEBUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gail FoltzGAIL FOLTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr George I Whitehead IIIDR GEORGE I WHITEHEAD III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sonya WhitedSONYA WHITED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Velda HenryVELDA HENRY
CHAIRWOMAN
- Total calculated
- $0
- Hours/week
- 1
-
Gayle WiddowsonGAYLE WIDDOWSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel O'Connell IIDANIEL O'CONNELL II
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Sharone GrantSHARONE GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim JonesJIM JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael MathersMICHAEL MATHERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phyllis MitchellPHYLLIS MITCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erica JosephERICA JOSEPH
PRESIDENT
- Total calculated
- $175,310
- From this org
- $153,991
- From related orgs
- $0
- Other
- $21,319
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $153,991
- Bonus
- $0
- Other
- $0
- Deferred
- $9,386
- Nontaxable benefits
- $11,933
- Filer's total
- $175,310
-
Veronique DirikerVERONIQUE DIRIKER
CHIEF STRATEGY OFFICER
- Total calculated
- $113,745
- From this org
- $105,898
- From related orgs
- $0
- Other
- $7,847
- Hours/week
- 37.5
-
Sharon DicksonSHARON DICKSON
VICE - PRESIDENT
- Total calculated
- $110,527
- From this org
- $102,883
- From related orgs
- $0
- Other
- $7,644
- Hours/week
- 37.5
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. 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
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
-
EDUCATION
-
$375,540
EDUCATION
-
WICOMICO PRESBYTERIAN CHURCH
$348,300
FAITH BASED PROGRAMS
-
$260,597
HEALTH
-
COMMUNITY DEVELOPMENT
-
HUMAN SERVICES
-
HUMAN SERVICES
-
HUMAN SERVICES
-
OCEAN CITY PARAMEDICS FOUNDATION INC
$150,000
HEALTH
-
HEALTH
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621199349300537
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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