THE COMMUNITY FOUNDATION OF MUNCIE AND DELAWARE COUNTY INC

EIN: 351640051 501(c)(3) Philanthropy & Grantmaking

MUNCIE, IN

Total Revenue
$3,602,949
Total Expenses
$5,369,534
Total Assets
$89,872,102
Net Assets
$81,580,214
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IN
Principal Officer
SARA SHADE HAMILTON
Phone
7657477181
Tax Period
2023-01-01 to 2023-12-31

THE COMMUNITY FOUNDATION OF MUNCIE AND DELAWARE COUNTY INC, founded in 1985, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.6M in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $5.4M exceeded revenue, resulting in a 49% operating deficit.

Mission

THE COMMUNITY FOUNDATION OF MUNCIE AND DELAWARE COUNTY, INC. ENCOURAGES PHILANTHROPY, ASSISTS DONORS IN BUILDING AN ENDURING SOURCE OF CHARITABLE ASSETS, AND EXERCISES LEADERSHIP IN DIRECTING RESOURCES TO ENHANCE THE QUALITY OF LIFE FOR THE RESIDENTS OF MUNCIE AND DELAWARE COUNTY.

Program Service Accomplishments

Program 1
Expenses: $1,465,632

EDUCATION AND SCHOLARSHIPS - THE FOUNDATION PROVIDES SUPPORT FOR ORGANIZATIONS, PROJECTS AND PROGRAMS WHICH PROMOTE EDUCATIONAL OPPORTUNITIES WITHIN THE COMMUNITY, INCLUDING SCHOLARSHIP PROGRAMS. THE...

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EDUCATION AND SCHOLARSHIPS - THE FOUNDATION PROVIDES SUPPORT FOR ORGANIZATIONS, PROJECTS AND PROGRAMS WHICH PROMOTE EDUCATIONAL OPPORTUNITIES WITHIN THE COMMUNITY, INCLUDING SCHOLARSHIP PROGRAMS. THE FOUNDATION AWARDED 127 GRANTS TO SUPPORT PRESCHOOL PROGRAMMING, SCHOLARSHIP PROGRAMS, MENTORING PROGRAMS FOR HIGH SCHOOL STUDENTS TO SUCCESSFULLY GRADUATE AND MATRICULATE TO POST-SECONDARY EDUCATION, AND EQUIPMENT AND SUPPLIES FOR PRESCHOOL AND K-12 CLASSROOMS IN THE COMMUNITY.

Program 2
Expenses: $689,951

HUMAN SERVICES - FOUNDATION GRANTS PROVIDE SUPPORT FOR ORGANIZATIONS, PROJECTS, AND PROGRAMS THAT PROVIDE HEALTH RELATED SERVICES AND/OR BASIC HUMAN NEEDS TO INDIVIDUALS. THE FOUNDATION AWARDED 24...

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HUMAN SERVICES - FOUNDATION GRANTS PROVIDE SUPPORT FOR ORGANIZATIONS, PROJECTS, AND PROGRAMS THAT PROVIDE HEALTH RELATED SERVICES AND/OR BASIC HUMAN NEEDS TO INDIVIDUALS. THE FOUNDATION AWARDED 24 GRANTS TO SUPPORT HOME BUILDING AND IMPROVEMENT PROGRAMS, DOMESTIC VIOLENCE PROGRAMMING, YOUTH CENTER PROGRAMS, SCHOOL FOOD PANTRY PROGRAMS, AND EMERGENCY SHELTERS. IN ADDITION, THE FOUNDATION AWARDED STRATEGIC GRANTS FOR COMMUNITY EDUCATION PROGRAMS AND A FUNDERS FORUM COLLABORATIVE GRANT RELATED TO SUBSTANCE ABUSE AWARENESS AND TREATMENT.

Program 3
Expenses: $1,722,658

COMMUNITY BETTERMENT - FOUNDATION GRANTS SUPPORT ORGANIZATIONS, PROJECTS, AND PROGRAMS RELATED TO THE IMPROVEMENT OF PUBLIC PROPERTIES, PUBLIC SAFETY, COMMUNITY WELLNESS, AND OTHER GENERAL COMMUNITY...

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COMMUNITY BETTERMENT - FOUNDATION GRANTS SUPPORT ORGANIZATIONS, PROJECTS, AND PROGRAMS RELATED TO THE IMPROVEMENT OF PUBLIC PROPERTIES, PUBLIC SAFETY, COMMUNITY WELLNESS, AND OTHER GENERAL COMMUNITY ACTIVITIES. THE FOUNDATION PROVIDED 43 GRANTS SUPPORTING LOCAL TRAIL SYSTEMS, LAND PRESERVATION FOR PUBLIC USE, SPAY AND NEUTER ASSISTANCE FOR RESCUED ANIMALS, COMMUNITY ACTION PLANS, AND COMMUNITY CENTER PROGRAMMING.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,403,053
Program Service Revenue $7,461
Investment Income $1,205,854
Other Revenue $-13,419
TOTAL REVENUE $3,602,949

Expense Breakdown

Grants Paid $4,196,138
Salaries & Benefits $633,401
Fundraising Expenses $189,745
Program Expenses $4,660,872
Other Expenses $539,995
TOTAL EXPENSES $5,369,534

Year-over-Year Comparison

2023 2022 Change
Revenue $3,602,949 $10,919,277 -0.7%
Expenses $5,369,534 $4,547,359 +0.2%
Net Income $-1,766,585 $6,371,918 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
11
Volunteers
65

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$114,183
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA SHADE HAMILTON CHAIR 4.00
Officer Director
$0 $0 $0
CASEY STANLEY VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAVE HEETER TREASURER 1.00
Officer Director
$0 $0 $0
MAGI KIRKPATRICK SIKORA SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
DERRON BISHOP DIRECTOR 1.00
Director
$0 $0 $0
JAIME FAULKNER DIRECTOR 1.00
Director
$0 $0 $0
MIA JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
DANIEL STALLINGS DIRECTOR 1.00
Director
$0 $0 $0
TRENT DOWLING EX OFFICIO 1.00
Director
$0 $0 $0
MARCY MINTON PRESIDENT & 40.00
Officer
$105,783 $8,400 $114,183
STEVE MURPHY LEGAL COUNSE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,602,949 $5,369,534 $89,872,102 $-1,766,585
2022 $10,919,277 $4,547,359 $82,817,991 $6,371,918
2021 $10,725,630 $4,387,326 $89,438,891 $6,338,304
2020 $6,563,504 $4,140,494 $75,897,466 $2,423,010
2019 $6,005,863 $3,651,011 $66,783,885 $2,354,852
2018 $6,178,182 $3,658,683 $58,529,858 $2,519,499
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