Columbus Foundation
- Assets
- $2.0b
- Revenue
- $304.5m
- Investments
- $145.3m
- Employees
- 67
- Location
- Columbus, OH
- Founding
- 10/1937
- Data as of
- 12/2019
- EIN
- 31-6044264
Organization Overview
Columbus Foundation is located in Columbus, OH. The organization was established in 1937. 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 12/2019, Columbus Foundation employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Columbus Foundation generated $304.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $151.9m during the year ending 12/2019. While expenses have increased by 1.2% 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 2014, Columbus Foundation has awarded 31,618 individual grants totaling $704,200,055. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE COLUMBUS FOUNDATION IS ENTRUSTED TO IMPROVE THE QUALITY OF LIFE FOR ALL ITS RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION
SOCIAL SERVICES
HEALTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas F Kridler President & CEO | Officer | 40 | $553,945 |
Scott G Heitkamp Vice President & CFO | Officer | 40 | $223,497 |
John B Britton Dir. Of Planned Gvg. & Gnl | 40 | $200,078 | |
Angela G Parsons Vice President Of Dsd | Officer | 40 | $190,004 |
Dan Sharpe Vice President Crgm | Officer | 40 | $179,728 |
Emily H Savors Director Of Grants Managem | 40 | $153,231 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thinkcsc Technology | 12/30/19 | $140,139 |
Milo's Catering Catering | 12/30/19 | $121,881 |
Fort Ventures Llc Website Development | 12/30/19 | $116,347 |
Allen Williams & Hughes Co Website Development | 12/30/19 | $253,322 |
Scioto Services Llc Cleaning And Maintenance | 12/30/19 | $107,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,303,990 |
| Government grants | $1,055,261 |
| All other contributions, gifts, grants, and similar amounts not included above | $214,248,104 |
| Noncash contributions included in lines 1a–1f | $89,965,569 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,607,355 |
| Total Program Service Revenue | $0 |
| Investment income | $35,018,053 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $24,481 |
| Net Rental Income | $188,783 |
| Net Gain/Loss on Asset Sales | $43,746,849 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $304,494,598 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $141,261,546 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $600 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,371,057 |
| Compensation of current officers, directors, key employees. | $487,274 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,084,795 |
| Pension plan accruals and contributions | $361,837 |
| Other employee benefits | $656,637 |
| Payroll taxes | $348,613 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,983 |
| Fees for services: Accounting | $103,793 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $350,650 |
| Advertising and promotion | $320,638 |
| Office expenses | $224,324 |
| Information technology | $431,166 |
| Royalties | $0 |
| Occupancy | $631,210 |
| Travel | $15,241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $349,108 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $823,912 |
| Insurance | $45,477 |
| All other expenses | $0 |
| Total functional expenses | $151,859,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $135,955,782 |
| Pledges and grants receivable | $6,253,974 |
| Accounts receivable, net | $772,136 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $115,328 |
| Net Land, buildings, and equipment | $9,462,986 |
| Investments—publicly traded securities | $1,699,112,501 |
| Investments—other securities | $145,341,757 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $411,880 |
| Total assets | $1,997,426,344 |
| Accounts payable and accrued expenses | $2,520,513 |
| Grants payable | $6,803,597 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $9,324,110 |
| Net assets without donor restrictions | $1,988,102,234 |
| Net assets with donor restrictions | $0 |
| 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 | $1,997,426,344 |
Grants Awarded
Over the last fiscal year, Columbus Foundation has awarded $131,008,946 in support to 3,642 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: CONSERVATION | $4,000,000 |
Columbus, OH PURPOSE: CONSERVATION | $2,500,000 |
Dubuque, IA PURPOSE: EDUCATION | $1,970,000 |
Washington, DC PURPOSE: SOCIAL SERVICES | $1,650,000 |
Columbus, OH PURPOSE: EDUCATION | $1,510,000 |
Columbus, OH PURPOSE: ARTS AND HUMANITIES | $1,500,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Columbus Foundation has recieved totaling $487,696.
| Awarding Organization | Amount |
|---|---|
Davey Company Foundation Kent, OH PURPOSE: ESTABLISHED A DONOR ADVISED FUND TO PROVIDE FOR CHARITABLE AND EDUCATIONAL GRANTS AND EMERGENCY EMPLOYEE ASSISTANCE | $150,000 |
Davey Company Foundation Kent, OH PURPOSE: ESTABLISHED A DONOR ADVISED FUND TO PROVIDE FOR CHARITABLE AND EDUCATIONAL GRANTS AND EMERGENCY EMPLOYEE ASSISTANCE | $150,000 |
Build-A-Bear Foundation Inc St Louis, MO PURPOSE: General Support | $50,000 |
Dennis M & Lois A Doyle Family Fdn Cincinnati, OH PURPOSE: CHARITABLE - OPERATING | $25,000 |
Bridge Alliance Education Fund State College, PA PURPOSE: COMMUNITY SUPPORT | $20,000 |
Christian Healthcare Ministries Inc Barberton, OH PURPOSE: GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Endowment Foundation Hudson, OH | $3,480,736,124 | $959,495,885 |
Cleveland Foundation Cleveland, OH | $2,266,165,971 | $120,009,767 |
Columbus Foundation Columbus, OH | $1,997,426,344 | $304,494,598 |
Greater Cincinnati Foundation Cincinnati, OH | $736,269,474 | $137,413,135 |
Pittsburgh Foundation Pittsburgh, PA | $1,226,779,411 | $88,473,154 |
Dayton Foundation Dayton, OH | $476,689,140 | $65,647,739 |
The Community Foundation Of Louisville Inc Louisville, KY | $509,922,111 | $119,319,181 |
Community Foundation Of Elkhart County Inc Elkhart, IN | $314,805,317 | $47,812,553 |
Central Indiana Community Foundation Inc Indianapolis, IN | $447,971,651 | $78,063,459 |
Philadelphia Foundation Philadelphia, PA | $414,429,037 | $79,448,283 |
Dayton Foundation Depository Dayton, OH | $35,280,214 | $30,358,874 |
Erie Community Foundation Erie, PA | $259,123,488 | $27,775,400 |