Community Foundation Of Southern Indiana Inc

Organization Overview

Community Foundation Of Southern Indiana Inc is located in New Albany, 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 06/2022, Community Foundation Of Southern Indiana Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Southern Indiana Inc 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 06/2022, Community Foundation Of Southern Indiana Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $8.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation Of Southern Indiana Inc has awarded 529 individual grants totaling $38,433,674. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD ENDURING CHARITABLE RESOURCES USED TO POSITIVELY IMPACT OUR COMMUNITY BY: SERVING AS A PARTNER AND RESOURCE FOR DONORS, THEIR ADVISORS, AND NOT-FOR-PROFIT ORGANIZATIONS; MAKING IT SIMPLE FOR DONORS TO FULFILL THEIR INDIVIDUAL GOALS IN GIVING BACK; PROVIDING STEWARDSHIP OF DONOR GIFTS AND CHARITABLE INTENT FOR GENERATIONS TO COME; FULFILLING A LEADERSHIP ROLE ON IMPORTANT COMMUNITY ISSUES

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS USED TO ASSIST AND BENEFIT PEOPLE IN CLARK AND FLOYD COUNTIES THROUGH FUNDING OF HEALTH, EDUCATION, CULTURAL, CIVIC AND RECREATIONAL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Linda Speed
President/ceo
$182,998
Melany Wessels
CFO
$102,503
Damon Massey
Vice Chair
$0
Sharon Handy
Chair
$0
S Butch Shaw
Secretary
$0
Adam Naville
Treasurer
$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$1,298,170
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,298,170
Total Program Service Revenue$0
Investment income $2,489,096
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,160,714
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,060,969

Grants Awarded

Over the last fiscal year, Community Foundation Of Southern Indiana Inc has awarded $5,395,114 in support to 55 organizations.

Grant RecipientAmount

FLOYD COUNTY TREASURER

PURPOSE: ANNUAL DISTRIBUTION

$3,550,753

COMMUNITY FOUNDATION PARTNERSHIP INC

Org PageRecipient Profile

Bedford, IN

PURPOSE: DESIGNATED FUND DISTRIBUTION FOR MARTIN COUNTY, INDIANA

$551,420

FLOYD COUNTY DEPARTMENT OF PARKS & RECREATION

PURPOSE: ACCESSIBLE PLAYGROUND KEVIN HAMMERSMITH MEM PARK

$220,000

FAMILY SCHOLAR HOUSE INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: SELLERSBURG SCHOLARHOUSE PROJECT

$114,000

INDIANA UNIVERSITY SOUTHEAST

PURPOSE: CHANCELLOR'S MEDALLION GALA SCHOLARSHIP FUND

$94,105

OHIO STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Columbus, OH

PURPOSE: WATERMAN FACILITIES FUND (#316494)

$90,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Community Foundation Of Southern Indiana Inc has recieved totaling $16,930.

Awarding OrganizationAmount
Floyd County Legacy Foundation

New Albany, IN

PURPOSE: SUPPORT

$11,000
Saint Michael Archangel Charities Inc

Houston, TX

PURPOSE: ECONOMIC DEVELOPMENT

$4,400
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$1,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$30
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$151,623,660
Earnings-$21,884,053
Admin Expense$1,164,127
Net Contributions$546,736
Grants$6,485,871
Ending Balance$122,636,345

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