Lancaster County Community Foundation
- Assets
- $92.5m
- Revenue
- $19.5m
- Investments
- $14.8m
- Employees
- 13
- Location
- Lancaster, PA
- Founding
- 10/2004
- Data as of
- 12/2020
- EIN
- 20-0874857
Organization Overview
Lancaster County Community Foundation is located in Lancaster, PA. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Lancaster County Community Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster County Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Lancaster County Community Foundation generated $19.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $19.6m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lancaster County Community Foundation has awarded 2,679 individual grants totaling $96,453,862. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE EMBOLDEN EXTRAORDINARY COMMUNITY BY INVESTING IN PEOPLE AND IDEAS THAT WILL SHAPE THE FUTURE OF LANCASTER COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LANCASTER COUNTY COMMUNITY FOUNDATION SERVED LANCASTER COUNTY RESIDENTS IN 2021 BY PROVIDING FUNDS FOR COMMUNITY BENEFIT ORGANIZATIONS (NOT-FOR-PROFITS) AND PROGRAMS THROUGH ITS "EXTRAORDINARY GIVE" PROGRAM, ITS "ACTIVATE & AMPLIFY" IMPACT STRATEGY, AND ITS OVERALL "GRANTMAKING" PROGRAM. THE COMMUNITY FOUNDATION AWARDED A TOTAL OF $18.3 MILLION IN TOTAL GRANT DOLLARS TO COMMUNITY BENEFIT ORGANIZATIONS IN 2021.APPROXIMATELY 79.2% OF TOTAL GRANT DOLLARS, OR $14.5 MILLION, WERE INVESTED IN THE COMMUNITY THROUGH THE "EXTRAORDINARY GIVE," A ONE DAY ONLINE GIVING CAMPAIGN AIMED AT BOOSTING PHILANTHROPIC GIVING IN LANCASTER COUNTY. THE PROGRAM INCLUDED COMMUNITY DONATIONS OF $13.7 MILLION WITH A STRETCH POOL AND PRIZES OF OVER $950,000 FROM THE COMMUNITY FOUNDATION AND SPONSORS. 515 COMMUNITY BENEFIT ORGANIZATIONS RECEIVED GRANT FUNDING AS A RESULT OF THIS PROGRAM.APPROXIMATELY 1%, OR $160,500, OF TOTAL GRANT DOLLARS (15 GRANTS), ENHANCED BY ADDITIONAL EXPENDITURES IN NON-GRANT ALLOCATIONS AND EXPENSES OF $36,745, WERE INVESTED IN THE COMMUNITY VIA THE "ACTIVATE & AMPLIFY" IMPACT STRATEGY. THIS IMPACT STRATEGY SEEKS TO LEVERAGE MORE COMMUNITY RESOURCES THAN EVER BEFORE IN LANCASTER COUNTY TO CULTIVATE A CULTURE OF EQUITABLE AND INCLUSIVE OPPORTUNITIES FOR ALL.APPROXIMATELY 19.8% OR $4.4 MILLION OF TOTAL GRANT DOLLARS WERE INVESTED THROUGH ITS GRANTMAKING PROGRAM TO COMMUNITY BENEFIT ORGANIZATIONS IN THE FORM OF OVER 500 GRANTS. SUCH GRANTS WERE DERIVED FROM DONOR ADVISED FUNDS, SCHOLARSHIP FUNDS, FIELD OF INTEREST FUNDS, AND DESIGNATED FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Samuel J Bressi President & CEO | Officer | 36 | $226,425 |
Mr Wayne Groff CPA CFO | Officer | 36 | $124,572 |
Ms Kim Shorter COO | 36 | $120,534 | |
Ms Tracy Cutler Exec VP | 36 | $119,904 | |
Ms Alison Van Harskamp Vice Chair | OfficerTrustee | 1.8 | $0 |
Ms Krista Showers Treasurer | OfficerTrustee | 0.9 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sageworth Investment Management Services | 12/30/20 | $103,933 |
Glenmede Investment Management Services | 12/30/20 | $202,067 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,703,836 |
| Investment income | $810,720 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$71,187 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,491,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $48,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $355,169 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $771,114 |
| Pension plan accruals and contributions | $30,448 |
| Other employee benefits | $157,848 |
| Payroll taxes | $76,065 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,491 |
| Fees for services: Accounting | $36,429 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $297,192 |
| Fees for services: Other | $42,418 |
| Advertising and promotion | $88,887 |
| Office expenses | $50,161 |
| Information technology | $79,072 |
| Royalties | $0 |
| Occupancy | $85,279 |
| Travel | $2,409 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,821 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,795 |
| Insurance | $21,006 |
| All other expenses | $0 |
| Total functional expenses | $19,577,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,598,837 |
| Pledges and grants receivable | $245,677 |
| Accounts receivable, net | $3,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $544,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $91,821 |
| Investments—publicly traded securities | $62,841,057 |
| Investments—other securities | $14,819,097 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,220,500 |
| Total assets | $92,463,036 |
| Accounts payable and accrued expenses | $79,826 |
| Grants payable | $12,839,665 |
| Deferred revenue | $16,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,227,908 |
| Total liabilities | $20,163,899 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $72,299,137 |
Grants Awarded
Over the last fiscal year, Lancaster County Community Foundation has awarded $18,001,547 in support to 442 organizations.
| Grant Recipient | Amount |
|---|---|
Lancaster, PA PURPOSE: DESIGNATED FOR GENERAL OPERATING SUPPORT | $563,225 |
Lancaster, PA PURPOSE: DESIGNATED FOR GENERAL OPERATING SUPPORT, CAPITAL CAMPAIGN, LAND PRESERVATION, PASSION GRANT, SPONSOR PROGRAM | $514,940 |
Lancaster, PA PURPOSE: DESIGNATED FOR GENERAL OPERATING SUPPORT | $476,421 |
Mountville, PA PURPOSE: DESIGNATED FOR GENERAL OPERATING SUPPORT | $301,593 |
Lititz, PA PURPOSE: DESIGNATED FOR GENERAL OPERATING SUPPORT, CHURCH MATERIALS | $257,064 |
Lancaster, PA PURPOSE: DESIGNATED FOR GENERAL OPERATING SUPPORT | $248,974 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Lancaster County Community Foundation has recieved totaling $464,328.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $212,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $75,000 |
E E Murry Family Foundation Lexington, KY PURPOSE: CHARITABLE | $50,525 |
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $50,000 |
Alvin S Engle Foundation Mount Joy, PA PURPOSE: UNRESTRICTED CONTRIBUTION | $35,000 |
Anna Verna Howe Tr Uw Amherst, NY PURPOSE: CHARITABLE | $15,193 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation For Greater Buffalo Inc Buffalo, NY | $874,380,305 | $143,802,626 |
Dayton Foundation Dayton, OH | $614,105,736 | $82,530,515 |
Jewish Community Foundation Of Greater Metrowest Nj Whippany, NJ | $441,552,124 | $46,022,571 |
Federation Of Jewish Communities Of The C I S Inc New York, NY | $45,162,356 | $39,631,208 |
Rochester Area Community Foundation Rochester, NY | $452,673,006 | $59,557,190 |
Delaware Community Foundation Wilmington, DE | $375,445,649 | $92,895,086 |
Baltimore Community Foundation Inc Baltimore, MD | $302,066,491 | $73,158,770 |
Catholic Charities Of Buffalo Buffalo, NY | $41,576,335 | $33,263,179 |
Akron Community Foundation Akron, OH | $274,088,705 | $39,277,326 |
New World Foundation New York, NY | $131,879,332 | $14,635,341 |
Dayton Foundation Depository Dayton, OH | $38,449,497 | $25,927,776 |
Central New York Community Foundation Inc Syracuse, NY | $395,864,792 | $49,020,873 |