Indian River Community Foundation

Organization Overview

Indian River Community Foundation is located in Vero Beach, FL. 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 06/2020, Indian River Community Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Indian River Community Foundation generated $11.7m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $9.8m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Indian River Community Foundation has awarded 1,074 individual grants totaling $54,528,435. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE INDIAN RIVER COMMUNITY FOUNDATION'S MISSION IS BUILDING A BETTER COMMUNITY THROUGH DONOR-DRIVEN PHILANTHROPY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ONE WAY WE CARRY OUT OUR MISSION IS BY GROWING, STEWARDING AND DEPLOYING PHILANTHROPIC CAPITAL TO MAKE OUR COMMUNITY BETTER. WE DO THIS TROUGH TWO MAIN PRODUCTS, DONOR ADVISED FUNDS AND ENDOWMENTS, WHICH OUR CLIENTS USE TO GIVE OR LEAVE A LEGACY TO THE CHARITABLE CAUSES THEY LOVE. ANOTHER WAY WE CARRY OUT OUR MISSION IS BY DEVELOPING AND SHARING COMMUNITY KNOWLEDGE ABOUT THE LOCAL NEEDS AND NONPROFIT CHARITABLE ORGANIZATIONS, PROGRAMS AND PROJECTS THAT MERIT PHILANTHROPIC INVESTMENT. WE DO THIS USING INNOVATIVE TOOLS SUCH AS OUR ONLINE NONPROFIT SEARCH AND PUBLICATIONS LIKE OUR GUIDE TO BETTER GIVING, WHICH ARE USED BY CLIENTS AND OTHERS TO MAKE MORE INFORMED GIVING DECISIONS. INDIAN RIVER COMMUNITY FOUNDATION IS GOVERNED AND MANAGED BY ENGAGED AND INVESTED LEADERS WHO BELIEVE THAT OUR ORGANIZATION AND THE GENEROUS PEOPLE WE SERVE CAN HELP BUILD A MORE HEALTHY, PROSPEROUS COMMUNITY. IN DOING SO, WE COMMIT OUR BEST EFFORTS TO DEMONSTRATE THE VALUES OF KNOWLEDGE AND CORE KNOW-HOW, SERVICE EXCELLENCE AND DIVERSITY, EQUITY AND INCLUSION IN ALL THAT WE DO. TOGETHER WITH OUR CLIENTS, IN THE FISCAL YEAR ENDING JUNE 30, 2020, INDIAN RIVER COMMUNTY FOUNDATION AWARDED GRANTS TOTALING $8,148,628 FROM 185 CHARITABLE GIVING ACCOUNTS TO IRS 501 (C)3 PUBLIC CHARITIES IN INDIAN RIVER COUNTY AND ACROSS THE UNITED STATES. ON JUNE 30, 2020, A TOTAL OF 70 INDIVIDUALS WERE RECOGNIZED AS PART OF THE ALMA LEE LOY LEGACY SOCIETY FOR MAKING A PLANNED GIFT FROM THEIR ESTATE TO INDIAN RIVER COMMUNITY FOUNDATION. TOGETHER, WE ARE PART OF SOMETHING BETTER.


ONE WAY WE CARRY OUT OUR MISSION IS BY GROWING, STEWARDING AND DEPLOYING PHILANTHROPIC CAPITAL TO MAKE OUR COMMUNITY BETTER. WE DO THIS TROUGH TWO MAIN PRODUCTS, DONOR ADVISED FUNDS AND ENDOWMENTS, WHICH OUR CLIENTS USE TO GIVE OR LEAVE A LEGACY TO THE CHARITABLE CAUSES THEY LOVE. ANOTHER WAY WE CARRY OUT OUR MISSION IS BY DEVELOPING AND SHARING COMMUNITY KNOWLEDGE ABOUT THE LOCAL NEEDS AND NONPROFIT CHARITABLE ORGANIZATIONS, PROGRAMS AND PROJECTS THAT MERIT PHILANTHROPIC INVESTMENT. WE DO THIS USING INNOVATIVE TOOLS SUCH AS OUR ONLINE NONPROFIT SEARCH AND PUBLICATIONS LIKE OUR GUIDE TO BETTER GIVING, WHICH ARE USED BY CLIENTS AND OTHERS TO MAKE MORE INFORMED GIVING DECISIONS. INDIAN RIVER COMMUNITY FOUNDATION IS GOVERNED AND MANAGED BY ENGAGED AND INVESTED LEADERS WHO BELIEVE THAT OUR ORGANIZATION AND THE GENEROUS PEOPLE WE SERVE CAN HELP BUILD A MORE HEALTHY, PROSPEROUS COMMUNITY. IN DOING SO, WE COMMIT OUR BEST EFFORTS TO DEMONSTRATE THE VALUES OF KNOWLEDGE AND CORE KNOW-HOW, SERVICE EXCELLENCE AND DIVERSITY, EQUITY AND INCLUSION IN ALL THAT WE DO. TOGETHER WITH OUR CLIENTS, IN THE FISCAL YEAR ENDING JUNE 30, 2020, INDIAN RIVER COMMUNTY FOUNDATION AWARDED GRANTS TOTALING $8,148,628 FROM 185 CHARITABLE GIVING ACCOUNTS TO IRS 501 (C)3 PUBLIC CHARITIES IN INDIAN RIVER COUNTY AND ACROSS THE UNITED STATES. ON JUNE 30, 2020, A TOTAL OF 70 INDIVIDUALS WERE RECOGNIZED AS PART OF THE ALMA LEE LOY LEGACY SOCIETY FOR MAKING A PLANNED GIFT FROM THEIR ESTATE TO INDIAN RIVER COMMUNITY FOUNDATION. TOGETHER, WE ARE PART OF SOMETHING BETTER.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey R Pickering
Ceo/president
$195,020
Ronald L Edwards
Vice Chair
$0
Jennifer M Watson
Secretary
$0
Rebecca F Emmons
Chairman
$0
Debra K Lockwood
Treasurer
$0
William F Schlitt
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$9,571,343
Noncash contributions included in lines 1a–1f $3,890,758
Total Revenue from Contributions, Gifts, Grants & Similar$9,571,343
Total Program Service Revenue$0
Investment income $1,352,028
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $309,635
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,686,198

Grants Awarded

Over the last fiscal year, Indian River Community Foundation has awarded $15,614,172 in support to 380 organizations.

Grant RecipientAmount

VERO BEACH ROWING INC

Org PageRecipient Profile

Vero Beach, FL

PURPOSE: GENERAL OPERATING

$2,142,217

VERO BEACH ROWING INC

Org PageRecipient Profile

Vero Beach, FL

PURPOSE: GENERAL OPERATING

$2,142,217

UNITED WAY OF INDIAN RIVER COUNTY

Org PageRecipient Profile

Vero Beach, FL

PURPOSE: GENERAL OPERATING

$511,125

UNITED WAY OF INDIAN RIVER COUNTY

Org PageRecipient Profile

Vero Beach, FL

PURPOSE: GENERAL OPERATING

$511,125

UNITED AGAINST POVERTY INC

Org PageRecipient Profile

Vero Beach, FL

PURPOSE: GENERAL OPERATING

$312,000

UNITED AGAINST POVERTY INC

Org PageRecipient Profile

Vero Beach, FL

PURPOSE: GENERAL OPERATING

$312,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Indian River Community Foundation has recieved totaling $247,430.

Awarding OrganizationAmount
The Angerman Foundation

Housatonic, MA

PURPOSE: GENERAL CHARITABLE PURPOSES

$210,000
Van Der Stricht Foundation

Wilmington, DE

PURPOSE: GENERAL SUPPORT

$20,000
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$15,430
Four-Four Foundation Inc

New York, NY

PURPOSE: GENERAL

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,552,834
Earnings$57,719
Net Contributions$449,006
Other Expense$40,069
Ending Balance$2,019,490

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