Hendricks County Community Foundation Inc

Organization Overview

Hendricks County Community Foundation Inc is located in Avon, IN. The organization was established in 1993. 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 12/2020, Hendricks County Community Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hendricks 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 12/2020, Hendricks County Community Foundation Inc generated $2.3m 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 (7.0%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Hendricks County Community Foundation Inc has awarded 109 individual grants totaling $3,053,080. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE HENDRICKS COUNTY COMMUNITY FOUNDATION PARTNERS WITH GENEROUS PEOPLE TO REALIZE THEIR CHARITABLE GOALS WHILE ADDRESSING COMMUNITY NEEDS IN MEANINGFUL AND LASTING WAYS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION DISTRIBUTED GRANTS TO VARIOUS CHARITABLE ORGANIZATIONS WITHIN HENDRICKS COUNTY THROUGH THE DEEDEE DANIEL OPPORTUNITY FUND AND OTHER UNRESTRICTED FUNDS.


THE FOUNDATION DISTRIBUTED SCHOLARSHIPS TO GRADUATING SENIORS FROM HENDRICKS COUNTY HIGH SCHOOLS AND PROVIDED GRANTS PER AN APPROVED APPLICATION PROCESS FOR VARIOUS FUNDS ESTABLISHED FOR VARIOUS CHARITABLE CAUSES FOR INDIVIDUALS AND FAMILIES IN NEED. PAYMENTS ARE MADE DIRECTLY TO VENDORS TO FULFILL THE NEED. NO PAYMENTS ARE MADE DIRECTLY TO THE APPLICANTS.


THE FOUNDATION DISTRIBUTED FUNDS ACCORDING TO THE TERMS OF VARIOUS COMMUNITY-ESTABLISHED FUNDS.


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Board, Officers & Key Employees

Name (title)Compensation
William A Rhodehamel
President &
$79,055
Denise Robinson
Secretary
$0
Max Hank
Board Chair
$0
Ryan Tanselle
Board Vice C
$0
Sherri Reagin
Treasurer
$0
Kim Baver
Director
$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$1,520,529
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,520,529
Total Program Service Revenue$312,989
Investment income $512,472
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$41,245
Net Income from Fundraising Events $9,485
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,314,230

Grants Awarded

Over the last fiscal year, Hendricks County Community Foundation Inc has awarded $1,228,229 in support to 37 organizations.

Grant RecipientAmount

INDIANA UNIVERSITY FOUNDATION

Org PageRecipient Profile

Bloomington, IN

PURPOSE: GOLF COURSE

$250,045

FAMILY PROMISE OF HENDRICKS COUNTY

Org PageRecipient Profile

Plainfield, IN

PURPOSE: OPERATING/COVID

$165,495

HENDRICKS COUNTY FOOD PANTRYCOALITION

Org PageRecipient Profile

Avon, IN

PURPOSE: FOOD PURCHASES

$113,719

Indianapolis, IN

PURPOSE: STAFF DEVELOPMENT

$72,960

COVENANT CHRISTIAN HIGH SCHOOL

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: ANNUAL FUNDRAISER

$50,750

PARKS FOUNDATION OF HENDRICKSCOUNTY

Org PageRecipient Profile

Danville, IN

PURPOSE: SUPPORT PARKS

$38,615
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hendricks County Community Foundation Inc has recieved totaling $250.

Awarding OrganizationAmount
Mckee Foundation Inc

Indianapolis, IN

PURPOSE: CHARITABLE

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$17,603,985
Earnings$1,716,208
Admin Expense$302,920
Net Contributions$790,819
Grants$1,353,002
Ending Balance$18,455,090

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