Community Foundation Of Elkhart County Inc

Community Foundation Of Elkhart County Inc Overview

Community Foundation Of Elkhart County Inc is located in Elkhart, IN. The organization was established in 1989. 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, Community Foundation Of Elkhart County Inc employed 21 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, Community Foundation Of Elkhart County Inc generated $47.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $38.3m during the year ending 06/2020. While expenses have increased by 17.9% per year over the past 5 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 2016, Community Foundation Of Elkhart County Inc has awarded 923 individual grants totaling $101,532,427. 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

TO IMPROVE THE QUALITY OF LIFE IN ELKHART COUNTY BY INSPIRING GENEROSITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COMMUNITY FOUNDATION OF ELKHART COUNTY (CFEC) WAS ESTABLISHED IN 1988 TO INSPIRE PEOPLE TO MAKE CHARITABLE GIFTS THAT IMPROVE THE QUALITY OF LIFE IN ELKHART COUNTY. AS A PUBLIC, TAX-EXEMPT, PHILANTHROPIC ORGANIZATION, CFEC SOLICITS AND DEVELOPS ENDOWED AND NON-ENDOWED FUNDS BENEFITING NOT-FOR-PROFIT ORGANIZATIONS SERVING THE COUNTY.PROGRAM GRANTS ARE MADE TO OUR NONPROFIT PARTNERS IN THE AREAS OF ARTS & CULTURE, COMMUNITY DEVELOPMENT, EDUCATION, HEALTH & HUMAN SERVICES, RELIGION AND YOUTH DEVELOPMENT, PLUS SPECIAL PROGRAM GRANTS FROM THE FUND FOR ELKHART COUNTY. OUR DONORS AND THE COMMUNITY ALSO SUPPORT OUR THRIVING SCHOLARSHIP PROGRAMS, INCLUDING THE LILLY ENDOWMENT COMMUNITY SCHOLARSHIP. THROUGH THE SCOPE OF THESE SERVICES, THE CFEC CONTINUES TO BE THE PHILANTHROPIC CONDUIT IN ELKHART COUNTY.


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Community Foundation Of Elkhart County Inc Board, Officers & Key Employees

Name (title)Compensation
Peter L Mccown
President/ceo
$181,522
Candace Yoder
Employee
$111,450
Cole Patuzzi
CFO
$104,915
David Findlay
Vice Chair
$0
Dave Weaver
Treasurer
$0
Cien Asoera
Secretary
$0

Community Foundation Of Elkhart County Inc Vendors

Vendor Name (Service)Compensation
Cranegrey
Marketing
$173,897
Martin Capital Management
Rent
$111,839
Mercer
Management Fees
$384,653
Keybank
Management Fees
$125,537
Stifel
Management Fees
$258,945
View All Vendors

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$35,994,449
Noncash contributions included in lines 1a–1f $15,408,641
Total Revenue from Contributions, Gifts, Grants & Similar$35,994,449
Total Program Service Revenue$16,887
Investment income $6,135,180
Tax Exempt Bond Proceeds $0
Royalties $25,886
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,640,151
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $47,812,553

Community Foundation Of Elkhart County Inc Grants Awarded

Over the last fiscal year, Community Foundation Of Elkhart County Inc has awarded $29,594,854 in support to 220 organizations.

Grant RecipientAmount

ELKHART HEALTH FITNESS AND AQUATICS INC

Org PageRecipient Profile

South Bend, IN

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$8,345,523

ELKHART COMMUNITY SCHOOLS

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$3,749,700

BOYS & GIRLS CLUBS OF ELKHART COUNTY INC

Org PageRecipient Profile

Goshen, IN

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$1,375,975

BASHOR HOME OF THE UNITED METHODIST CHURCH INC

Org PageRecipient Profile

Goshen, IN

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$923,320

GOSHEN THEATER INC

Org PageRecipient Profile

Goshen, IN

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$820,520

HORIZON EDUCATION ALLIANCE

Org PageRecipient Profile

Goshen, IN

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$791,760
View Grant Profile

Community Foundation Of Elkhart County Inc Grants Recieved

Over the last fiscal year, we have identified 10 grants that Community Foundation Of Elkhart County Inc has recieved totaling $1,396,427.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$473,504
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$473,504
Rex And Alice A Martin Foundation Inc

Elkhart, IN

PURPOSE: EXEMPT PURPOSE OF ORGANIZATION

$155,000
Bill Deputy Foundation

Elkhart, IN

PURPOSE: EXEMPT PURPOSE OF THE ORGANIZATION

$150,000
Welter Foundation Inc

Bristol, IN

PURPOSE: EXEMPT PURPOSE OF ORGANIZATION

$75,000
Irions Foundation Inc

Elkhart, IN

PURPOSE: CHARITABLE

$33,613
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$269,200,350
Earnings$10,787,477
Admin Expense$2,176,593
Net Contributions$27,105,712
Grants$29,326,176
Ending Balance$275,590,770

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