Foellinger Foundation Inc

Organization Overview

Foellinger Foundation Inc is located in Fort Wayne, IN. The organization was established in 1960. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foellinger 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 08/2022, Foellinger Foundation Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $11.7m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

HELENE FOELLINGER LEADERSHIP DEVELOPMENT INITIATIVE: THE HELENE FOELLINGER LEADERSHIP DEVELOPMENT INITIATIVE WORKS TO SUPPORT, STRENGTHEN, AND INSPIRE ALLEN COUNTY NONPROFIT LEADERS AS THEY FULFILL THEIR MISSIONS AND ADDRESS KEY COMMUNITY CHALLENGES. THE INITIATIVE IS DESIGNED TO UNLEASH THE POTENTIAL IN THESE LEADERS AND HELP THEM ACQUIRE ADAPTIVE SKILLS NEEDED IN THE FUTURE. THE INITIATIVE INCLUDES THE FOELLINGER LEADERSHIP LAB (CONSISTING OF TWO CUSTOM-TAILORED PROGRAMS FOR NONPROFIT LEADERS), ALUMNI PROGRAMS, THE SONDER FELLOWSHIP, COMMUNITY LEADERSHIP PROGRAMS, AND THE BARBARA BURT INNOVATIVE LEADER FUND. A) LEADERSHIP LAB THE EXECUTIVE LEADER PROGRAM IS A COURSE FOR VISIONARY EXECUTIVE DIRECTORS OF NONPROFIT ORGANIZATIONS. THE CURRICULUM FOCUSES ON AN ADAPTIVE LEADERSHIP COMPETENCY MODEL WITH AN EMPHASIS ON INNOVATION, DECISION-MAKING, UNDERSTANDING CULTURE, INFLUENCE, NEGOTIATION, EMOTIONAL INTELLIGENCE, AND ADDRESSING DIFFICULT CONVERSATIONS. THE RISING LEADER PROGRAM IS A COUR


DAVID A. BOBILYA EXCELLENCE IN NONPROFIT LEADERSHIP AWARD: THE FOUNDATION DEVELOPED THE DAVID A. BOBILYA EXCELLENCE IN NONPROFIT LEADERSHIP AWARD TO RECOGNIZE ONE CURRENT OR RECENTLY RETIRED BOARD MEMBER WHO DEMONSTRATED EXCELLENCE IN NONPROFIT LEADERSHIP. THE AWARD, ESTABLISHED IN HONOR OF FORMER FOELLINGER BOARD MEMBER AND COMMUNITY LEADER DAVID BOBILYA, RECOGNIZES THE IMPORTANCE OF NONPROFIT BOARD MEMBER CONTRIBUTIONS IN FOUR FOCUS AREAS - GOVERNANCE, LEADERSHIP, FINANCIAL SUSTAINABILITY, AND PROGRAM IMPACT. A 25,000 OPERATING GRANT IS AWARDED TO THE RECIPIENT'S NOMINATING ORGANIZATION. THE LUNCHEON EVENT AND ASSOCIATED MEDIA CAMPAIGN SHOWCASED 25 COMMUNITY LEADERS WHO WERE NOMINATED FOR THE AWARD. APPROXIMATELY 285 PEOPLE FROM OVER 100 ORGANIZATIONS ATTENDED THE EVENT. IN A SPEECH TITLED "BEST IN CLASS LEADERSHIP," INTERNATIONALLY ACCLAIMED SPEAKER MARK GOODMAN HELPED THE AUDIENCE UNDERSTAND HOW TO FOCUS ON WHAT WE'RE BEST AT AS LEADERS, SO WE CAN RUN BEST-IN-CLASS ORGANIZATIONS. M


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,510,629
Net Rental Income$0
Net Gain on Sale of Assets $1,817,335
Capital Gain Net Income $1,831,887
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $3,327,964

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