Topeka Community Foundation
- Assets
- $83.9m
- Revenue
- $10.3m
- Investments
- $5.8m
- Employees
- 5
- Location
- Topeka, KS
- Founding
- 05/1984
- Data as of
- 12/2020
- EIN
- 48-0972106
Organization Overview
Topeka Community Foundation is located in Topeka, KS. The organization was established in 1984. 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, Topeka Community Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Topeka 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 12/2020, Topeka Community Foundation generated $10.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $8.4m during the year ending 12/2020. While expenses have increased by 12.1% per year over the past 6 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 2014, Topeka Community Foundation has awarded 885 individual grants totaling $32,431,156. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE TOPEKA COMMUNITY FOUNDATION WORKS TO IMPROVE THE QUALITY OF LIFE IN THE TOPEKA REGION THROUGH AN ACTIVE PARTNERSHIP WITH DONORS AND OTHERS WHO WISH TO BRING POSITIVE CHANGE THROUGH CHARITABLE GIVING. THE FOUNDATION MANAGES 405 CHARITABLE FUNDS STARTED BY INDIVIDUALS, FAMILIES, BUSINESSES AND NONPROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND SCHOLARSHIPS ARE MADE FOR CHARITABLE, SCIENTIFIC, RELIGIOUS, & EDUCATION PURPOSES FROM FUNDS CONTRIBUTED AND ENDOWMENTS ESTABLISHED. INFORMATION AND APPLICATIONS FOR THE NUMEROUS SCHOLARSHIPS AND VARIOUS GRANT APPLICATIONS ARE AVAILABLE AT THE FOUNDATION'S WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha L Pope President | Officer | 40 | $154,548 |
Chris Mcgee Immd Past-Chair | OfficerTrustee | 2 | $0 |
Shelley Buhler Secretary | OfficerTrustee | 2 | $0 |
Pam Alexander Chair | OfficerTrustee | 2 | $0 |
Brad Owen Treasurer | OfficerTrustee | 2 | $0 |
Tara Dimick Vice-Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,706,002 |
| Investment income | $1,275,446 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,168,117 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,296,252 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $134,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,174 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $214,585 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,497 |
| Payroll taxes | $27,591 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,736 |
| Advertising and promotion | $0 |
| Office expenses | $6,102 |
| Information technology | $10,497 |
| Royalties | $0 |
| Occupancy | $69,259 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $945 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,226 |
| Insurance | $11,592 |
| All other expenses | $0 |
| Total functional expenses | $8,374,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,680,660 |
| Pledges and grants receivable | $0 |
| 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 |
| Investments—publicly traded securities | $72,753,381 |
| Investments—other securities | $5,785,905 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $678,575 |
| Total assets | $83,907,223 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $20,126,737 |
| Total liabilities | $20,126,737 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $63,780,486 |
Grants Awarded
Over the last fiscal year, Topeka Community Foundation has awarded $5,669,628 in support to 129 organizations.
| Grant Recipient | Amount |
|---|---|
Manhattan, KS PURPOSE: EDUCATION | $719,394 |
Topeka, KS PURPOSE: COMMUNITY DEVELOPMENT | $307,937 |
St Louis, MO PURPOSE: FOOD, NUTRITION | $250,000 |
CITY OF TOPEKA PURPOSE: COMMUNITY DEVELOPMENT | $217,875 |
FIRST UNITED METHODIST CHURCH PURPOSE: RELIGION | $180,500 |
New York, NY PURPOSE: COMMUNITY DEVELOPMENT | $177,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Topeka Community Foundation has recieved totaling $3,584,384.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $3,209,339 |
Sabatini Family Foundation Topeka, KS PURPOSE: CHARITABLE DONOR ADVISED FUND | $246,828 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $70,000 |
Policylink Oakland, CA PURPOSE: CORE SUPPORT | $25,000 |
Kansas Health Foundation Wichita, KS PURPOSE: Convergence Partnership: Regional investments to advance racial justice and health equity | $12,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,500 |
Endowment Analysis
| Beg. Balance | $30,852,610 |
| Earnings | $5,094,124 |
| Net Contributions | $56,458 |
| Other Expense | $131,963 |
| Grants | $813,930 |
| Ending Balance | $35,057,299 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |
Jewish Community Foundation Of Greater Kansas City Overland Park, KS | $291,884,746 | $15,071,209 |
Impact Charitable Denver, CO | $10,724,494 | $21,202,015 |
Greater Salina Community Foundation Salina, KS | $322,187,245 | $17,442,186 |
Greater Manhattan Community Foundation Manhattan, KS | $138,440,801 | $66,806,194 |
Jewishcolorado Denver, CO | $81,767,824 | $13,645,129 |
The Community Foundation Boulder, CO | $79,799,287 | $19,282,047 |
St Louis Community Foundation St Louis, MO | $112,098,850 | $20,148,169 |
Community Foundation Of Northern Colorado Fort Collins, CO | $185,330,639 | $37,336,720 |
Yampa Valley Community Foundation Steamboat Springs, CO | $51,851,485 | $30,806,242 |
Pikes Peak Community Foundation Colorado Springs, CO | $84,096,256 | $22,173,927 |
Hutchinson Community Foundation Hutchinson, KS | $99,932,573 | $30,609,087 |