Noble County Community Foundation Inc
- Assets
- $39.5m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 7
- Location
- Ligonier, IN
- Founding
- 08/1991
- Data as of
- 12/2021
- EIN
- 35-1827247
Organization Overview
Noble County Community Foundation Inc, operating under the name See Schedule O, is located in Ligonier, IN. The organization was established in 1991. 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, See Schedule O employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O 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 12/2021, See Schedule O generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 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, See Schedule O has awarded 215 individual grants totaling $5,859,403. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE IN NOBLE COUNTY BY SERVING AS A CATALYST FOR POSITIVE CHANGE, ENABLING DONORS TO CARRY OUT CHARITABLE INTENT, AND MAKING GRANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PAID TO OUTSIDE ORGANIZATIONS THROUGH A GRANT PROCESS. GRANTS ARE MADE PRIMARILY TO 501(C)(3) ORGANIZATIONS, SCHOOLS, AND OTHER GOVERNMENTAL ORGANIZATIONS. THEY ARE MADE FOR ITEMS SUCH AS, BUT NOT LIMITED TO: FOOD PANTRIES; HOMELESS SHELTERS; SCHOOL PROGRAMS; PHYSICAL FITNESS PROGRAMS; VICTIM AID; READING PROGRAMS; ANIMAL SHELTERS; DISASTER RELIEF; AND MUCH MORE. THERE WERE APPROXIMATELY 190 GRANTS MADE. EVALUATIONS OF GRANTS ARE MADE PRIOR TO CLOSURE TO ASCERTAIN THAT ALL GOALS AND OBJECTIVES ARE MET ACCORDING TO GRANT PROPOSALS OR FUND AGREEMENTS. GRANT RECIPIENTS ARE MAINLY NOBLE COUNTY RECIPIENTS, OR THEIR PROJECT IS TO BENEFIT NOBLE COUNTY RESIDENTS. THE GRANTS ALSO INCLUDE DONOR ADVISED AND DESIGNATED GRANTS. DONOR ADVISED GRANTS MUST BE AWARDED TO 501(C)(3) ORGANIZATIONS OR CHARITABLE PROJECTS.
GRANTS PAID TO OR ON BEHALF OF INDIVIDUALS. THE MAJORITY OF THIS IS SCHOLARSHIP FUNDS, WHICH ARE A LARGE PART OF THE FOUNDATION'S FUNDS HELD, AND OF THEIR 2021 PROGRAMS. NCCF PAID APPROXIMATELY 85 GRANTS HELPING 50 INDIVIDUALS FURTHER THEIR EDUCATION. THIS IS MOSTLY MADE UP OF HIGH SCHOOL SENIORS AND ADULTS. TWO OF THESE SCHOLARSHIPS WERE CHOSEN BY THE PULSE GROUP LISTED IN 4C.
PULSE (PHILANTHROPISTS UTILIZING LIFELONG SERVICES AND EDUCATION) CONSISTS OF 15 MEMBERS, 8TH THROUGH 12TH GRADE, FROM THE THREE SCHOOL CORPORATIONS IN NOBLE COUNTY. THEY CONDUCT MONTHLY SERVICE PROJECTS THROUGHOUT THE COUNTY. THEY PROVIDE AN OPPORTUNITY FOR NON-PROFITS TO APPLY FOR GRANTS TWICE PER YEAR, NOT TO EXCEED 1,000 EACH. THEY CONDUCT FUNDRAISING EVENTS TO HELP WITH THE COST OF THIS PROGRAM AND EACH MEMBER CONTRIBUTES TO THEIR OWN ENDOWMENT. THEY CONDUCT EDUCATION/TRAINING TO NOBLE COUNTY'S YOUNG PHILANTHROPISTS; BY TEACHING PHILANTHROPY TO ELEMENTARY GRADES ANNUALLY. THEY ORGANIZE AND PAY FOR A SENIOR CITIZEN'S PROM. THE PURPOSE OF THIS PROM IS TO BRIDGE GENERATIONAL GAPS. THERE WERE APPROXIMATELY 150 ATTENDEES.
EXPENSES RELATED TO THE PROJECTS SERVICED BY THE DIVORCING FAMILIES PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Graden Executive Di | Officer | 40 | $79,885 |
Chris Mershman Secretary | OfficerTrustee | 1 | $0 |
Frank Tijerina Vice Preside | OfficerTrustee | 2 | $0 |
Dick Owen President | OfficerTrustee | 2 | $0 |
Denise Lemmon Treasurer | OfficerTrustee | 1 | $0 |
Lori Jansen 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 | $1,324,580 |
| Noncash contributions included in lines 1a–1f | $21,541 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,324,580 |
| Total Program Service Revenue | $475,791 |
| Investment income | $677,908 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,806,912 |
| Net Income from Fundraising Events | -$2,422 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,285,505 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $798,453 |
| Grants and other assistance to domestic individuals. | $171,038 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,885 |
| Compensation of current officers, directors, key employees. | $39,943 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,848 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,479 |
| Payroll taxes | $19,138 |
| Fees for services: Management | $425,013 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,517 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $107,598 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,295 |
| Office expenses | $7,179 |
| Information technology | $37,326 |
| Royalties | $0 |
| Occupancy | $21,976 |
| Travel | $2,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,028 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,816 |
| Insurance | $1,851 |
| All other expenses | $0 |
| Total functional expenses | $1,967,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,650 |
| Savings and temporary cash investments | $3,849,292 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,544 |
| 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 | $15,071 |
| Net Land, buildings, and equipment | $571,258 |
| Investments—publicly traded securities | $35,073,684 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $39,519,499 |
| Accounts payable and accrued expenses | $75,828 |
| Grants payable | $87,215 |
| 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 | $6,528,573 |
| Total liabilities | $6,691,616 |
| Net assets without donor restrictions | $1,548,992 |
| Net assets with donor restrictions | $31,278,891 |
| 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 | $39,519,499 |
Grants Awarded
Over the last fiscal year, Noble County Community Foundation Inc has awarded $711,950 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Kendallville, IN PURPOSE: OPERATING | $184,047 |
Goshen, IN PURPOSE: MERRY LEA ENV. LC | $55,534 |
WEST NOBLE PRIMARY PURPOSE: LITTLE LEAPS PROGRAM | $31,197 |
Albion, IN PURPOSE: OPERATING SUPPORT | $30,840 |
ST PATRICKS CHURCH PURPOSE: SOUND SYSTEM | $29,500 |
Kendallville, IN PURPOSE: OPERATIONS/PROJECT | $27,157 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Noble County Community Foundation Inc has recieved totaling $17,943.
| Awarding Organization | Amount |
|---|---|
Olive B Cole Foundation Inc Fort Wayne, IN PURPOSE: LIGONIER MARSHMALLOW FESTIVAL | $10,000 |
Indiana Philanthropy Alliance Foundation Inc Indianapolis, IN PURPOSE: Intern Program | $7,913 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Endowment Analysis
| Beg. Balance | $26,532,580 |
| Earnings | $3,347,426 |
| Admin Expense | $952,080 |
| Net Contributions | $197,996 |
| Other Expense | $60,939 |
| Grants | $70,750 |
| Ending Balance | $28,994,233 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
St Louis Community Foundation St Louis, MO | $112,098,850 | $20,148,169 |
Dupage Community Foundation Downers Grove, IL | $125,703,251 | $14,295,087 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN | $181,936,459 | $11,602,152 |
Community Foundation Of Northern Illinois Rockford, IL | $141,924,845 | $12,064,778 |
Community Foundation Of Southern Indiana Inc New Albany, IN | $128,848,099 | $8,060,969 |
Waukesha County Community Foundation Inc Waukesha, WI | $76,894,981 | $24,718,378 |
Community Foundation Alliance Inc Evansville, IN | $117,500,760 | $8,724,196 |
Hamilton County Community Foundation Inc Fishers, IN | $98,701,430 | $28,985,245 |