Erie Community Foundation

Organization Overview

Erie Community Foundation is located in Erie, PA. The organization was established in 1959. 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, Erie Community Foundation employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Erie 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, Erie Community Foundation generated $26.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $20.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Erie Community Foundation has awarded 1,917 individual grants totaling $126,132,118. 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 ERIE COMMUNITY FOUNDATION WORKS TO IMPROVE THE QUALITY OF LIFE FOR ALL IN OUR REGION BY EVALUATING AND ADDRESSING COMMUNITY ISSUES, BUILDING PERMANENT CHARITABLE ENDOWMENTS, AND BY PROMOTING PHILANTHROPIC AND COMMUNITY LEADERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ERIE COMMUNITY FOUNDATION (FOUNDATION) IS A PUBLIC CHARITY PRIMARILY SERVING DONORS AND THE NONPROFIT SECTOR IN ERIE COUNTY, PENNSYLVANIA. THE FOUNDATION ENCOURAGES THE ESTABLISHMENT OF NEW CHARITABLE ENDOWMENT FUNDS AND PROVIDES COMPETITIVE, DONOR-ADVISED DESIGNATED AND SCHOLARSHIP GRANTS TO ARTS AND CULTURE, COMMUNITY DEVELOPMENT, EDUCATION, HEALTH, NEIGHBORHOOD REVITALIZATION AND HUMAN SERVICE ORGANIZATIONS. THE FOUNDATION ALSO PROVIDES A DONOR EDUCATION PROGRAM. SUBSTANTIALLY ALL CONTRIBUTIONS RECEIVED ARE FROM INDIVIDUALS WITH TIES TO ERIE COUNTY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kidder Architects Llc
453 W. 6th Building Renovation
$185,625
Cambridge Associates Llc
Investment Consulting
$181,500
Kidder Jefferys Construction Llc
453 W. 6th Building Renovation
$420,495
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$22,511,894
Investment income $2,883,383
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $998,910
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,731,197

Grants Awarded

Over the last fiscal year, Erie Community Foundation has awarded $23,938,565 in support to 318 organizations.

Grant RecipientAmount

ERIE COUNTY COMMUNITY COLLEGE OF PA

PURPOSE: VARIOUS PROJECTS

$3,067,256

EXPERIENCE CHILDREN'S MUSEUM

Org PageRecipient Profile

Erie, PA

PURPOSE: VARIOUS PROJECTS

$3,065,027

ERIE REGIONAL CHAMBER & GROWTH PARTNERSHIP

Org PageRecipient Profile

Erie, PA

PURPOSE: VARIOUS PROJECTS

$1,296,580

CARNEGIE MELLON UNIVERSITY

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: VARIOUS PROJECTS

$1,217,421

UNITED WAY OF ERIE COUNTY

Org PageRecipient Profile

Erie, PA

PURPOSE: VARIOUS PROJECTS

$993,775

ERIE COUNTY CONVENTION CENTER AUTHORITY

PURPOSE: VARIOUS PROJECTS

$600,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Erie Community Foundation has recieved totaling $224,946.

Awarding OrganizationAmount
Mary M Nelson Charitable Trust

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$203,544
James And Amy Bennett Foundation

Stamford, CT

PURPOSE: CORRY YMCA 7TH GRADE INITIATIVE

$20,000
Elias J & Blanche K Jones Memorial Tr

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$902
Jordan Family Foundation

Erie, PA

PURPOSE: DESMOND MCDONALD MEMORIAL

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$277,932,504
Earnings$50,898,777
Admin Expense$2,160,737
Net Contributions$12,293,891
Other Expense$2,872,483
Grants$20,165,567
Ending Balance$315,926,385

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