Arkansas Community Foundation Inc

Organization Overview

Arkansas Community Foundation Inc is located in Little Rock, AR. The organization was established in 1976. 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 06/2020, Arkansas Community Foundation Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Arkansas Community Foundation Inc generated $36.6m 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 (7.4%) each year. All expenses for the organization totaled $57.0m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Arkansas Community Foundation Inc has awarded 8,619 individual grants totaling $170,903,798. 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

ARKANSAS COMMUNITY FOUNDATION ENGAGES PEOPLE, CONNECTS RESOURCES AND INSPIRES SOLUTIONS TO BUILD COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMS - INCLUDES SCHOLARSHIPS FOR HIGHER EDUCATION, SUPPORT FOR EARLY CHILDHOOD LITERACY, OUT-OF-SCHOOL LEARNING OPPORTUNITIES FOR CHILDREN, EARLY CHILDHOOD CARE, AND K-12 EDUCATION.


COMMUNITY PROGRAMS - INCLUDES PROGRAMS THAT SUPPORT QUALITY OF LIFE AND CIVIC ENGAGEMENT, SUCH AS ARTS AND HUMANITIES, ENVIRONMENTAL CAUSES, COMMUNITY DEVELOPMENT AND VOLUNTEERISM.


FAMILY PROGRAMS - INCLUDES HUMAN SERVICE PROGRAMS, SUPPORT FOR FAMILY FINANCIAL STABILITY AND EMPLOYMENT, HUNGER, AND HOMELESSNESS.


HEALTH PROGRAMS - INCLUDES SUPPORT FOR HEALTHCARE INSTITUTIONS, PUBLIC HEALTH INITIATIVES, AND CHARITABLE CLINICS.


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Board, Officers & Key Employees

Name (title)Compensation
Heather Larkin
President/ceo
$239,150
Ashley Coldiron
Chief Development Officer
$176,558
Corey Moline
Treasurer/cfo
$151,120
Sarah Kinser
Chief Program Officer
$109,411
Eric Hutchinson
Finance Chair
$0
Philip Tappan
Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Converge Consulting Llc
Consulting Fees
$345,025
Laf 5 Allied Llc
Office Space Lease Payments
$240,020
Mary Angela Duran Dba Duran And Associa
Consulting Fees
$141,671
Vines Media Llc
Advertisement
$111,177
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$30,226,000
Investment income $9,551,218
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$3,184,268
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,585,354

Grants Awarded

Over the last fiscal year, Arkansas Community Foundation Inc has awarded $49,744,502 in support to 2,119 organizations.

Grant RecipientAmount

THADEN SCHOOL410 SE STAGGERWING LANE BENTONVILLE AR 72712

Org PageRecipient Profile

Bentonville, AR

PURPOSE: CONSTRUCTION

$9,949,000

THADEN SCHOOL410 SE STAGGERWING LANE BENTONVILLE AR 72712

Org PageRecipient Profile

Bentonville, AR

PURPOSE: OPERATING GRANT

$5,011,684

THADEN SCHOOL410 SE STAGGERWING LANE BENTONVILLE AR 72712

Org PageRecipient Profile

Bentonville, AR

PURPOSE: CONSTRUCTION SUPPORT

$4,783,000

THADEN SCHOOL410 SE STAGGERWING LANE BENTONVILLE AR 72712

Org PageRecipient Profile

Bentonville, AR

PURPOSE: SUPPLEMENTAL GRANT

$4,100,000

THADEN SCHOOL410 SE STAGGERWING LANE BENTONVILLE AR 72712

Org PageRecipient Profile

Bentonville, AR

PURPOSE: OPERATING SUPPORT

$2,698,599

ARKANSAS SINGLE PARENT SCHOLARSHIP FUND614 EAST EMMA AVENUE SUITE 119 SPRI

Org PageRecipient Profile

Springdale, AR

PURPOSE: TO SUPPORT OPERATIONS FOR ASPSF AND PROVIDE RESOURCES FOR AFFILIATE MATCHING GRANT PROGRAM. GRANT IS PURSUANT TO GRANT AGREEMENT DATED OCTOBER 25, 2017

$1,661,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Arkansas Community Foundation Inc has recieved totaling $86,196.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$28,338
Organization Name not Listed

PURPOSE: GENERAL SUPPORT

|

$18,500
Organization Name not Listed

PURPOSE: GENERAL SUPPORT

|

$18,500
Mary Anna Chop Charitable Trust

Pine Bluff, AR

PURPOSE: SCHOLARSHIPS

$10,235
Mary Anna Chop Charitable Trust

Pine Bluff, AR

PURPOSE: SCHOLARSHIPS

$10,235
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$75
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$206,628,081
Earnings$4,804,939
Admin Expense$2,085,709
Net Contributions$10,338,673
Other Expense$122,437
Grants$8,609,320
Ending Balance$210,954,227

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