Galion Community Foundation 021-006
- Assets
- $3.1m
- Revenue
- $298.8k
- Investments
- $3.0m
- Employees
- 0
- Location
- Galion, OH
- Founding
- 01/1964
- Data as of
- 06/2021
- EIN
- 31-6023104
Organization Overview
Galion Community Foundation 021-006 is located in Galion, OH. The organization was established in 1964. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galion Community Foundation 021-006 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 06/2021, Galion Community Foundation 021-006 generated $298.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $129.0k during the year ending 06/2021. While expenses have increased by 1.6% per year over the past 6 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, Galion Community Foundation 021-006 has awarded 364 individual grants totaling $682,414. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Jones Trustee | 0 | $31,469 | |
Cathy Moneysmith Treasurer | 0 | $4,000 | |
Dan Shealy Chairman | 0 | $0 | |
David Spraw Secretary | 0 | $0 | |
Bruce Angell Trustee | 0 | $0 | |
Tyler K Huggins Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $103,986 |
| Interest on Savings | $7,893 |
| Dividends & Interest | $60,507 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $126,396 |
| Capital Gain Net Income | $126,396 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $298,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,469 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,700 |
| Depreciation | $0 |
| Occupancy | $900 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,266 |
| Total operating and administrative expenses | $43,645 |
| Contributions, gifts, grants paid | $85,362 |
| Total expenses and disbursements | $129,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,433 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,010,205 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,094,638 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Galion Community Foundation 021-006 has awarded $85,360 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
Galion, OH PURPOSE: GENERAL FUND | $30,000 |
GABRIELLE KAPLE CO WAYNE STATE UNI PURPOSE: FREESE-BURGESS SCHOLARSHIP | $6,000 |
ANNA COURT CO OHIO WESLEYAN UNIV PURPOSE: UNCKRICH SCHOLARSHIP | $4,000 |
GALION PUBLIC LIBRARY PURPOSE: DONATION | $3,888 |
JULIA RODERICK CO NORTH CENTRAL ST PURPOSE: WAGNER SCHOLARSHIP | $3,333 |
ANISSA SMITH-SUBLETT CO NORTH CENT PURPOSE: WAGNER SCHOLARSHIP | $3,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Johnson Charitable Gift Fund Cincinnati, OH | $240,192,248 | $106,272,377 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $89,901,831 | $29,563,808 |
Independent Charitable Gift Fund Hudson, OH | $203,452,465 | $150,370,213 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
Communtiy Foundation Of The Holland Zeeland Area Holland, MI | $102,848,837 | $16,439,772 |
Pittsburgh Promise Foundation Pittsburgh, PA | $59,585,111 | $15,082,951 |
Pennsylvania Ems Provider Foundation Harrisburg, PA | $55,116 | $0 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |