The Erie County Community Foundation
- Assets
- $36.7m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Sandusky, OH
- Founding
- 03/1995
- Data as of
- 12/2022
- EIN
- 34-1792862
Organization Overview
The Erie County Community Foundation is located in Sandusky, OH. The organization was established in 1995. 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 12/2022, Erie County Community Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Erie 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 12/2022, Erie County Community Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Erie County Community Foundation has awarded 360 individual grants totaling $7,539,565. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ECCF IS TO PROVIDE FOR THE ENRICHMENT OF THE QUALITY OF LIFE IN THE ERIE COUNTY AND SANDUSKY, OHIO COMMUNITY BY DEVELOPING A PERMANENT ENDOWMENT TO ASSESS AND RESPOND TO CHANGING COMMUNITY NEEDS AND BY SERVING AS A CHARITABLE MECHANISM FOR DONORS OF ALL LEVELS OF CHARITABLE GIVING.
Describe the Organization's Program Activity:
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE A MEANS FOR PEOPLE TO MAKE GIFTS OF ASSETS TO ENHANCE THE QUALITY OF LIFE IN ERIE COUNTY AND SANDUSKY OHIO, BOTH TODAY AND IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Maiden Executive Di | Officer | 40 | $92,600 |
Lee Alexakos Chair | OfficerTrustee | 1 | $0 |
Abbey Bemis Director | Trustee | 1 | $0 |
Jarvis Cole-Caston Director | Trustee | 1 | $0 |
Debralee Divers Director | Trustee | 1 | $0 |
Matthew Ehrhardt Director | Trustee | 1 | $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 | $1,417,137 |
| Noncash contributions included in lines 1a–1f | $72,261 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,417,137 |
| Total Program Service Revenue | $41,737 |
| Investment income | $1,562,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,882 |
| Net Gain/Loss on Asset Sales | -$515,069 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,571,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,611,017 |
| Grants and other assistance to domestic individuals. | $237,234 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,600 |
| Compensation of current officers, directors, key employees. | $27,780 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $195,827 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,221 |
| Payroll taxes | $23,671 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,523 |
| Fees for services: Accounting | $7,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $218,277 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,701 |
| Office expenses | $77,619 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,291 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,009 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,930 |
| Insurance | $5,871 |
| All other expenses | $0 |
| Total functional expenses | $3,726,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $92,236 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,178,890 |
| Investments—publicly traded securities | $35,332,625 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $114,571 |
| Total assets | $36,718,322 |
| Accounts payable and accrued expenses | $16,232 |
| Grants payable | $299,500 |
| Deferred revenue | $5,339 |
| 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 | $441,170 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,520,010 |
| Total liabilities | $4,282,251 |
| Net assets without donor restrictions | $32,335,915 |
| Net assets with donor restrictions | $100,156 |
| 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 | $36,718,322 |
Grants Awarded
Over the last fiscal year, The Erie County Community Foundation has awarded $2,486,330 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: DISASTER PREPAREDNES | $6,332 |
BACK TO THE WILD PURPOSE: PROGRAM AND VARIOUS | $16,294 |
BGSU FIRELANDS PURPOSE: STUDENT SUPPORT | $10,000 |
BOYS AND GIRLS CLUB OF NORTHEAST OH PURPOSE: CAREER READINESS | $10,273 |
CARE AND SHARE OF ERIE COUNTY PURPOSE: FOOD PANTRY | $21,750 |
CATHOLIC CHARITIES DIOCESE OF TOLED PURPOSE: PROGRAM | $9,000 |