Community Foundation Of Greater Johnstown
- Assets
- $89.3m
- Revenue
- $19.7m
- Investments
- $0.0
- Employees
- 25
- Location
- Johnstown, PA
- Founding
- 01/1991
- Data as of
- 06/2022
- EIN
- 25-1637373
Organization Overview
Community Foundation Of Greater Johnstown is located in Johnstown, PA. The organization was established in 1991. 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 06/2022, Community Foundation Of Greater Johnstown employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Greater Johnstown 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 06/2022, Community Foundation Of Greater Johnstown generated $19.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $11.7m during the year ending 06/2022. While expenses have increased by 8.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Of Greater Johnstown has awarded 1,024 individual grants totaling $34,538,927. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE BEST INTEREST OF OUR DONORS IN PERPETUATING THEIR PHILANTHROPIC INTEREST IN FINANCIALLY SUPPORTING OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS ESTABLISHED TO PROMOTE THE BETTERMENT OF WESTERN PENNSYLVANIA BY ATTRACTING CHARITABLE FUNDS, MAINLY IN THE FORM OF ENDOWMENTS, AND TO DISTRIBUTE THE INCOME GENERATED FOR THE BENEFIT OF VARIOUS ORGANIZATIONS AND INDIVIDUALS IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kane Executive Di | Officer | 34 | $166,494 |
Barb Charney Accounting A | Officer | 19 | $56,195 |
Mark E Pasquerilla Chairman | OfficerTrustee | 2 | $0 |
Michael Sahlaney ESQ Secretary | OfficerTrustee | 2 | $0 |
Terry K Dunkle Treasurer | OfficerTrustee | 2 | $0 |
Allan Cashaw Director | Trustee | 0.2 | $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 | $15,404,632 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,404,632 |
| Total Program Service Revenue | $217,792 |
| Investment income | $1,515,358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $110,753 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,448,381 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,729,908 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,386,156 |
| Grants and other assistance to domestic individuals. | $625,343 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $222,689 |
| Compensation of current officers, directors, key employees. | $61,396 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $371,974 |
| Pension plan accruals and contributions | $76,975 |
| Other employee benefits | $81,249 |
| Payroll taxes | $48,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,520 |
| Fees for services: Accounting | $58,918 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $433,356 |
| Fees for services: Other | $13,321 |
| Advertising and promotion | $75,086 |
| Office expenses | $66,297 |
| Information technology | $40,178 |
| Royalties | $0 |
| Occupancy | $10,192 |
| Travel | $1,105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,817 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,558 |
| Insurance | $24,740 |
| All other expenses | $176,722 |
| Total functional expenses | $11,682,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,119,289 |
| Savings and temporary cash investments | $1,246,020 |
| Pledges and grants receivable | $256,902 |
| Accounts receivable, net | $7,654 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $401,669 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $66,675 |
| Net Land, buildings, and equipment | $97,583 |
| Investments—publicly traded securities | $79,936,216 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $181,792 |
| Total assets | $89,313,800 |
| Accounts payable and accrued expenses | $632,002 |
| Grants payable | $1,913,339 |
| Deferred revenue | $259,024 |
| 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 | $9,096,324 |
| Total liabilities | $11,900,689 |
| Net assets without donor restrictions | $2,550,940 |
| Net assets with donor restrictions | $74,862,171 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $89,313,800 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Greater Johnstown has awarded $4,188,793 in support to 138 organizations.
| Grant Recipient | Amount |
|---|---|
Erie, PA PURPOSE: ADAPTIVE VIRTUAL FAU | $240,000 |
Pittsburgh, PA PURPOSE: SOLAR POWERED BUILDI | $230,000 |
Altoona, PA PURPOSE: GENERAL SUPPORT | $176,423 |
Johnstown, PA PURPOSE: DONOR REQUESTED DIST | $167,535 |
FLOOD CITY BOXING ACADEMY INC PURPOSE: ROOF AND HVAC | $164,000 |
New York, NY PURPOSE: ANNUAL DESIGNATED DI | $154,200 |
Grants Recieved
Over the last fiscal year, we have identified 42 grants that Community Foundation Of Greater Johnstown has recieved totaling $4,794,411.
| Awarding Organization | Amount |
|---|---|
The Heinz Endowments Pittsburgh, PA PURPOSE: TO SUPPORT SUSTAINABLE ECONOMIC INITIATIVES IN THE OHIO RIVER VALLEY REGION | $800,000 |
The Heinz Endowments Pittsburgh, PA PURPOSE: TO ADVANCE SUSTAINABILITY IN THE REGION THROUGH PROTECTION OF ENVIRONMENT, HEALTH AND CLIMATE | $500,000 |
The Heinz Endowments Pittsburgh, PA PURPOSE: TO SUPPORT SUSTAINABLE ECONOMIC INITIATIVES IN THE OHIO RIVER VALLEY | $400,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TOWARD A JOINT GRANTMAKING PROGRAM TO SUPPORT ORGANIZATIONS WITHIN THE RICHARD KING MELLON FOUNDATION'S FIELDS OF INTEREST IN THE JOHNSTOWN AREA AND SURROUNDING COUNTIES | $250,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TOWARD A JOINT GRANTMAKING PROGRAM TO SUPPORT ORGANIZATIONS WITHIN THE RICHARD KING MELLON FOUNDATION'S FIELDS OF INTEREST IN THE JOHNSTOWN AREA AND SURROUNDING COUNTIES | $250,000 |
Climateworks Foundation San Francisco, CA PURPOSE: PROJECT SUPPORT | $200,000 |
Endowment Analysis
| Beg. Balance | $55,492,294 |
| Earnings | -$7,493,338 |
| Admin Expense | $903,613 |
| Net Contributions | $5,054,398 |
| Grants | $2,295,915 |
| Ending Balance | $49,853,826 |
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 |