Hancock County Community Foundation Inc
- Assets
- $61.3m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Greenfield, IN
- Founding
- 01/1992
- Data as of
- 12/2021
- EIN
- 35-1837729
Organization Overview
Hancock County Community Foundation Inc is located in Greenfield, IN. 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, Hancock County Community Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hancock County Community Foundation 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 12/2021, Hancock County Community Foundation Inc generated $8.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 0.0% 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 2015, Hancock County Community Foundation Inc has awarded 365 individual grants totaling $6,086,498. 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
THE HANCOCK COUNTY COMMUNITY FOUNDATION PROVIDES PHILANTHROPIC LEADERSHIP BY ENCOURAGING GIVING, LEARNING, COMMUNITY PRIDE, AND CIVIC ENGAGEMENT. WE ENVISION A COUNTY IN WHICH EACH PERSON HAS THE OPPORTUNITY TO PURSUE DREAMS, ENJOY DAILY LIFE, AND INVEST IN MEANINGFUL CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HANCOCK COUNTY COMMUNITY FOUNDATION DISTRIBUTES GRANTS AND SCHOLARSHIPS. ALL GRANTS MADE BY THE COMMUNITY FOUNDATION SHALL BE FOR CHARITABLE PURPOSES. GENERALLY THE DETERMINATION ON WHETHER AN ORGANIZATION'S ACTIVITIES ARE CHARITABLE OR NOT IS MADE BY THE IRS IN ASSIGNING A TAX-EXEMPT STATUS. ORGANIZATIONS WITH A 501(C)3 ARE ENGAGED IN CHARITABLE ACTIVITIES. THE COMMUNITY FOUNDATION MAY ALSO MAKE GRANTS TO NON-501(C)3 ORGANIZATIONS WHEN THE GRANT IS FOR A CHARITABLE PURPOSE. SCHOLARSHIPS ARE PAID DIRECTLY TO THE VENDORS AND NOT TO INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Gibble President | Officer | 40 | $101,481 |
Terry Tillett Treasurer | OfficerTrustee | 1 | $0 |
Sandy Miller Secretary | OfficerTrustee | 1 | $0 |
Jan Viehweg Chairperson | OfficerTrustee | 2 | $0 |
Ryan Hammons Vice Chairpe | OfficerTrustee | 1 | $0 |
Susan Broome Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,742 |
| Related organizations | $1,595,189 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,583,170 |
| Noncash contributions included in lines 1a–1f | $157,637 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,196,101 |
| Total Program Service Revenue | $5,881 |
| Investment income | $2,914,069 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,183,398 |
| Net Income from Fundraising Events | $2,964 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,302,413 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,045,604 |
| Grants and other assistance to domestic individuals. | $323,831 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,481 |
| Compensation of current officers, directors, key employees. | $35,518 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $361,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $82,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,785 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $93,042 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $27,811 |
| Information technology | $72,918 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,920 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,850 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,253 |
| Insurance | $9,501 |
| All other expenses | $19,562 |
| Total functional expenses | $3,314,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,560,415 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $58,320 |
| 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 | $16,299 |
| Net Land, buildings, and equipment | $15,601 |
| Investments—publicly traded securities | $59,611,302 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,331 |
| Total assets | $61,342,268 |
| Accounts payable and accrued expenses | $14,355 |
| Grants payable | $170,947 |
| 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 | $853,606 |
| Total liabilities | $1,038,908 |
| Net assets without donor restrictions | $632,010 |
| Net assets with donor restrictions | $59,671,350 |
| 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 | $61,342,268 |
Grants Awarded
Over the last fiscal year, Hancock County Community Foundation Inc has awarded $1,691,192 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
Greenfield, IN PURPOSE: GENERAL SUPPORT | $760,971 |
Greenfield, IN PURPOSE: OPERATING SUPPORT | $66,329 |
Pigeon Forge, TN PURPOSE: BOOK EXPENSE | $64,095 |
GREENFIELD PARKS DEPARTMENT PURPOSE: OPERATING SUPPORT | $54,516 |
Hoffman Estates, IL PURPOSE: OPERATING SUPPORT | $36,929 |
Greenfield, IN PURPOSE: OPERATING SUPPORT | $36,188 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Hancock County Community Foundation Inc has recieved totaling $428,112.
| Awarding Organization | Amount |
|---|---|
William W Weil Foundation Inc Eustis, FL PURPOSE: PASS THRU SCHOLARSHIPS | $225,000 |
William W Weil Foundation Inc Eustis, FL PURPOSE: SCHOLARSHIPS | $100,000 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT(S) | $69,400 |
William W Weil Foundation Inc Eustis, FL PURPOSE: SCHOLARSHIP | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $6,150 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: PUBLIC ASSISTANCE | $2,000 |
Endowment Analysis
| Beg. Balance | $50,214,934 |
| Earnings | $10,342,153 |
| Admin Expense | $805,200 |
| Net Contributions | $1,224,466 |
| Grants | $1,147,359 |
| Ending Balance | $59,828,994 |
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 |