The Findlay-Hancock County Community Foundation
- Assets
- $155.2m
- Revenue
- $6.0m
- Investments
- $32.1m
- Employees
- 12
- Location
- Findlay, OH
- Founding
- 08/1992
- Data as of
- 12/2020
- EIN
- 34-1713261
Organization Overview
The Findlay-Hancock County Community Foundation is located in Findlay, OH. The organization was established in 1992. 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, Findlay-Hancock County Community Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Findlay-Hancock County 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, Findlay-Hancock County Community Foundation generated $6.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $5.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Findlay-Hancock County Community Foundation has awarded 470 individual grants totaling $23,662,485. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION WILL IMPROVE THE QUALITY OF LIFE FOR ALL IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING ORGANIZATION:AS A COMMUNITY FOUNDATION FOR THE ENTIRE COUNTY, THE ORGANIZATION FUNDS A WIDE RANGE OF INITIATIVES AND PROJECTS. USING THE ORGANIZATION'S UNRESTRICTED FUNDS, THE ORGANIZATION IS ABLE TO RESPOND TO PROPOSALS SUBMITTED BY ORGANIZATIONS IN THE COUNTY. THE ORGANIZATION ALSO MAKES INVESTMENTS IN LONG-TERM INITIATIVES THAT IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY. A MAJORITY OF THE ORGANIZATION'S GRANTS ARE DETERMINED BY THE CHARITABLE INTERESTS OF THE ORGANIZATION'S DONORS.
THE FAMILY CENTER BUILDING:THE ORGANIZATION HAS A SUPPORTING ORGANIZATION THAT OPERATES A MULTI-TENANT NONPROFIT CENTER. THE BUILDING PROVIDES OFFICE AND MEETING SPACES FOR 12 NONPROFIT TENANTS AT BELOW MARKET RATES RESULTING IN LOWER ADMINISTRATIVE COSTS FOR THE TENANTS AND MORE RESOURCES TO PROVIDE SERVICES TO THEIR CLIENTS. THE ORGANIZATION HAS ASSUMED RESPONSIBILITY FOR THE MORTGAGE ON THE REAL ESTATE.
SYSTEMS FOCUSED GRANTMAKING:SYSTEMS FOCUSED GRANTMAKING IS A STRATEGY FOR ADDRESSING OUR COMMUNITY'S MOST CRITICAL ISSUES (WORKFORCE, HOUSING, TRANSPORTATION, HEALTH/MENTAL HEALTH, FOOD SECURITY, ETC.) WITH VARIOUS COALITIONS WORKING TOGETHER TO ENSURE THEIR EFFORTS ARE ALIGNED AND INTEGRATED FOR GREATEST IMPACT. AWARDED GRANTS FOCUS ON THE ROOT CAUSES OF ISSUES TO CREATE SUSTAINABLE POSITIVE CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Treece President | Officer | 40 | $148,976 |
Richard Brown Chief Financial Officer | Officer | 40 | $139,333 |
Ginger Jones Chairperson | OfficerTrustee | 2 | $0 |
Patty Lucas Secretary | OfficerTrustee | 1 | $0 |
Gary Wilson Vice Chair | OfficerTrustee | 1 | $0 |
Garry L Peiffer Treasurer | OfficerTrustee | 3 | $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 | $3,547,661 |
| Noncash contributions included in lines 1a–1f | $334,135 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,547,661 |
| Total Program Service Revenue | $0 |
| Investment income | $3,110,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$693,715 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,039,680 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,759,875 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $476,352 |
| Compensation of current officers, directors, key employees. | $123,852 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $540,419 |
| Pension plan accruals and contributions | $42,416 |
| Other employee benefits | $20,187 |
| Payroll taxes | $69,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,658 |
| Fees for services: Accounting | $31,244 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $321,104 |
| Fees for services: Other | $158,046 |
| Advertising and promotion | $70,730 |
| Office expenses | $30,848 |
| Information technology | $49,809 |
| Royalties | $0 |
| Occupancy | $61,446 |
| Travel | $338 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $763 |
| Interest | $39,678 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,328 |
| Insurance | $12,726 |
| All other expenses | $0 |
| Total functional expenses | $5,899,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $372,515 |
| Savings and temporary cash investments | $3,096,467 |
| Pledges and grants receivable | $99,070 |
| Accounts receivable, net | $42,641 |
| 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 | $9,074 |
| Net Land, buildings, and equipment | $165,952 |
| Investments—publicly traded securities | $119,233,712 |
| Investments—other securities | $32,148,150 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,463 |
| Total assets | $155,226,044 |
| Accounts payable and accrued expenses | $19,147 |
| Grants payable | $394,000 |
| 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 | $1,483,341 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,298,674 |
| Total liabilities | $10,195,162 |
| Net assets without donor restrictions | $144,314,711 |
| Net assets with donor restrictions | $716,171 |
| 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 | $155,226,044 |
Grants Awarded
Over the last fiscal year, The Findlay-Hancock County Community Foundation has awarded $3,189,172 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
Bowling Green, OH PURPOSE: SUPPORT | $889,065 |
Columbus, OH PURPOSE: SUPPORT | $200,000 |
Findlay, OH PURPOSE: PEDIATRIC PROGRAM | $104,655 |
Findlay, OH PURPOSE: SUPPORT | $89,680 |
FINDLAY CITY SCHOOLS PURPOSE: SUPPORT | $87,796 |
Findlay, OH PURPOSE: SUPPORT | $82,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Findlay-Hancock County Community Foundation has recieved totaling $1,750,160.
| Awarding Organization | Amount |
|---|---|
Cooper Tire Foundation Inc Akron, OH PURPOSE: DONOR-ADVISED FUND | $1,212,562 |
Dechomai Foundation Inc Jacksonville, FL PURPOSE: unrestricted | $491,848 |
Marathon Petroleum Foundation Inc Findlay, OH PURPOSE: COMMUNITY MENTAL HEALTH FUND | $40,000 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $5,750 |
Endowment Analysis
| Beg. Balance | $144,434,447 |
| Earnings | $18,982,703 |
| Net Contributions | $4,311,935 |
| Other Expense | $911,535 |
| Grants | $3,851,616 |
| Ending Balance | $162,965,934 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lancaster County Community Foundation Lancaster, PA | $92,463,036 | $19,491,842 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Stark Community Foundation Inc Canton, OH | $373,666,840 | $68,744,620 |
Muskegon County Community Foundation Muskegon, MI | $247,862,579 | $28,555,582 |
Greater Kanawha Valley Foundation Charleston, WV | $329,426,372 | $27,972,481 |
Community Foundation Of Greater Flint Flint, MI | $212,857,243 | $17,865,297 |
Ann Arbor Area Community Foundation Ann Arbor, MI | $219,428,649 | $31,760,954 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
Community Foundation Of Greater Johnstown Johnstown, PA | $89,313,800 | $19,729,908 |
Fremont Area Community Foundation Fremont, MI | $291,559,908 | $22,142,594 |
Grand Haven Area Community Foundation Inc Grand Haven, MI | $189,481,921 | $23,464,810 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |