The Greenville Area Community Foundation
- Assets
- $50.2m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 4
- Location
- Greenville, MI
- Founding
- 12/1989
- Data as of
- 12/2021
- EIN
- 38-2899657
Organization Overview
The Greenville Area Community Foundation is located in Greenville, MI. The organization was established in 1989. 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, Greenville Area Community Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenville Area Community Foundation 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, Greenville Area Community Foundation generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Greenville Area Community Foundation has awarded 172 individual grants totaling $4,939,686. 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 MISSION OF THE GREENVILLE AREA COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE GREATER GREENVILLE AREA. TO DO THIS IT WILL ATTRACT AND HOLD PERMANENT ENDOWMENT FUNDS FROM A WIDE RANGE OF DONORS, IT WILL MANAGE THESE FUNDS TO ASSURE SAFETY AND GROWTH, IT WILL MAKE GRANTS DIRECTED TO THE COMMUNITY'S CULTURAL, EDUCATIONAL, SOCIAL, ENVIRONMENTAL, RECREATIONAL, AND HEALTH RELATED CONCERNS AND IT WILL FUNCTION AS A COMMUNITY LEADER AND CATALYST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS CHARITABLE, PHILANTHROPIC, EDUCATIONAL, LITERARY, ARTISTIC OR SCIENTIFIC UNDERTAKINGS IN THE GREENVILLE, MICHIGAN AREA. THE FOUNDATION IS SUPPORTED PRIMARILY THROUGH DONOR CONTRIBUTIONS AND GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Barberi President/ce | Officer | 40 | $104,332 |
Pete Blinkilde Chair | OfficerTrustee | 1 | $0 |
Amy Homich Secretary/tr | OfficerTrustee | 1 | $0 |
Byron Cook Chair-Emerit | OfficerTrustee | 1 | $0 |
Eric Januzelli Vice Chair | OfficerTrustee | 1 | $0 |
Phil Tower Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $859,174 |
| Noncash contributions included in lines 1a–1f | $250,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $865,174 |
| Total Program Service Revenue | $7,375 |
| Investment income | $950,190 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,069,115 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,898,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $658,336 |
| Grants and other assistance to domestic individuals. | $317,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,461 |
| Compensation of current officers, directors, key employees. | $80,596 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $119,612 |
| Pension plan accruals and contributions | $3,305 |
| Other employee benefits | $0 |
| Payroll taxes | $17,033 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,491 |
| Fees for services: Other | $13,305 |
| Advertising and promotion | $0 |
| Office expenses | $12,350 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,732 |
| Travel | $552 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,156 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,084 |
| Insurance | $3,350 |
| All other expenses | $0 |
| Total functional expenses | $1,339,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,868 |
| Savings and temporary cash investments | $44,710 |
| Pledges and grants receivable | $50,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $410,107 |
| Investments—publicly traded securities | $49,126,343 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $462,883 |
| Total assets | $50,186,911 |
| Accounts payable and accrued expenses | $224,973 |
| Grants payable | $1,334,510 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $908,591 |
| 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 | $1,914 |
| Total liabilities | $2,469,988 |
| Net assets without donor restrictions | $47,514,571 |
| Net assets with donor restrictions | $202,352 |
| 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 | $50,186,911 |
Grants Awarded
Over the last fiscal year, The Greenville Area Community Foundation has awarded $437,669 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
GREENVILLE PUBLIC SCHOOLS PURPOSE: VARIOUS | $118,967 |
Grand Rapids, MI PURPOSE: VARIOUS | $70,000 |
BELDING AREA SCHOOLS PURPOSE: VARIOUS | $49,555 |
EDUCATION FOUNDATION OF GREENVILLE PURPOSE: ACADEMIC PROGRAMS | $43,377 |
Greenville, MI PURPOSE: HOUSE EXPENSES | $36,019 |
Greenville, MI PURPOSE: VARIOUS | $35,984 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Greenville Area Community Foundation has recieved totaling $8,597.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Endowment Analysis
| Beg. Balance | $42,169,730 |
| Earnings | $6,292,549 |
| Net Contributions | $685,989 |
| Other Expense | $452,004 |
| Grants | $1,009,870 |
| Ending Balance | $47,686,394 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stark Community Foundation Inc Canton, OH | $373,666,840 | $68,744,620 |
Muskegon County Community Foundation Muskegon, MI | $247,862,579 | $28,555,582 |
Community Foundation Of Greater Flint Flint, MI | $212,857,243 | $17,865,297 |
Ann Arbor Area Community Foundation Ann Arbor, MI | $219,428,649 | $31,760,954 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
Fremont Area Community Foundation Fremont, MI | $291,559,908 | $22,142,594 |
Grand Haven Area Community Foundation Inc Grand Haven, MI | $189,481,921 | $23,464,810 |
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 |
Midland Area Community Foundation Midland, MI | $121,202,704 | $11,959,875 |
Community Foundation Of Lorain County Elyria, OH | $163,012,004 | $27,165,624 |
Wayne County Community Foundation Wooster, OH | $110,981,023 | $15,756,594 |