WHITLEY COUNTY COMMUNITY FOUNDATION INC

EIN: 351860518 501(c)(3) Philanthropy & Grantmaking

COLUMBIA CITY, IN

Total Revenue
$7,806,623
Total Expenses
$4,170,481
Total Assets
$42,077,042
Net Assets
$41,138,207
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IN
Principal Officer
SEPTEMBER MCCONNELL
Phone
2602445224
Tax Period
2024-01-01 to 2024-12-31

WHITLEY COUNTY COMMUNITY FOUNDATION INC, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 145% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.6M, a strong 47% operating margin.

Mission

IT IS THE MISSION OF THE COMMUNITY FOUNDATION OF WHITLEY COUNTY TO INSPIRE PHILANTHROPY, ENRICH COMMUNITY, AND SERVE DONORS BY CREATING AN ENDURING SOURCE OF CHARITABLE ASSETS.

Program Service Accomplishments

Program 1
Expenses: $532,102 Revenue: $91,506

SCHOLARSHIPS: WE PROVIDE SCHOLARSHIPS TO STUDENTS WANTING TO PURSUE POST SECONDARY EDUCATION. THESE SCHOLARSHIPS ARE TO HELP WITH EXPENSES RELATING TO TUITION, FEES AND BOOKS. AS A COMMUNITY, WE HOPE...

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SCHOLARSHIPS: WE PROVIDE SCHOLARSHIPS TO STUDENTS WANTING TO PURSUE POST SECONDARY EDUCATION. THESE SCHOLARSHIPS ARE TO HELP WITH EXPENSES RELATING TO TUITION, FEES AND BOOKS. AS A COMMUNITY, WE HOPE TO BE ABLE TO FINANCIALLY HELP OUR CITIZENS OBTAIN EDUCATION PAST A HIGH SCHOOL DEGREE. ONLY 13.3% OF ADULTS OVER TWENTY-FIVE YEARS OF AGE IN WHITLEY COUNTY HAVE A FOUR YEAR DEGREE. IT IS THE HOPE THAT SCHOLARSHIPS WILL IMPROVE THAT PERCENTAGE OVER TIME.

Program 2
Expenses: $2,647,357 Revenue: $372,029

GRANTS: THE WHITLEY COUNTY COMMUNITY FOUNDATION'S UNRESTRICTED ENDOWMENT FUNDS RESPOND TO THE EVER-CHANGING ISSUES FACING WHITLEY COUNTY. TWICE A YEAR, THE FOUNDATION'S VOLUNTEER GRANTS COMMITTEE...

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GRANTS: THE WHITLEY COUNTY COMMUNITY FOUNDATION'S UNRESTRICTED ENDOWMENT FUNDS RESPOND TO THE EVER-CHANGING ISSUES FACING WHITLEY COUNTY. TWICE A YEAR, THE FOUNDATION'S VOLUNTEER GRANTS COMMITTEE REVIEWS APPLICATIONS AND MAKES FUNDING RECOMMENDATIONS TO THE BOARD OF DIRECTORS. GRANTS ARE MADE POSSIBLE BY DONORS WHO HAVE INSTRUCTED THE FOUNDATION TO DIRECT THEIR GIFTS WHERE EVER THE NEED IS THE GREATEST. THE COMMUNITY FOUNDATION DIRECTS GRANTS TO CHARITABLE PROJECTS THAT WILL MAKE A POSITIVE IMPACT ON WHITLEY COUNTY AND ITS PEOPLE, WITH PARTICULAR INTEREST IN PROJECTS THAT SHED NEW LIGHT ON LOCAL NEEDS AND PROVIDE INNOVATIVE, LONG-TERM SOLUTIONS. CATEGORIES OF SUPPORT INCLUDE: ARTS & CULTURE, HEALTH, CIVIC AFFAIRS, RECREATION, COMMUNITY DEVELOPMENT, WELFARE, AND EDUCATION.

Program 3

CONVENING COMMUNITY LEADERS: THE WHITLEY COUNTY COMMUNITY FOUNDATION WILL BE THE CATALYST FOR CHANGE IN THE COMMUNITY. WHENEVER NEEDS ARISE, THE FOUNDATION ACTS AS THE CONVENER TO THE INTERESTED...

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CONVENING COMMUNITY LEADERS: THE WHITLEY COUNTY COMMUNITY FOUNDATION WILL BE THE CATALYST FOR CHANGE IN THE COMMUNITY. WHENEVER NEEDS ARISE, THE FOUNDATION ACTS AS THE CONVENER TO THE INTERESTED PARTIES TO HELP FACILITATE CHANGE. SINCE THE FOUNDATION IS NOT POLITICAL, IT CAN STAY NEUTRAL IN MANY SITUATIONS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,072,583
Program Service Revenue $463,535
Investment Income $4,270,505
Other Revenue $0
TOTAL REVENUE $7,806,623

Expense Breakdown

Grants Paid $2,936,013
Salaries & Benefits $374,886
Fundraising Expenses $97,116
Program Expenses $3,179,459
Other Expenses $859,582
TOTAL EXPENSES $4,170,481

Year-over-Year Comparison

2024 2023 Change
Revenue $7,806,623 $3,192,739 +1.4%
Expenses $4,170,481 $4,007,084 +0.0%
Net Income $3,636,142 $-814,345 -5.5%
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
12
Independent Members
12
Employees
7
Volunteers
50

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
4
$115,128
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM ST CLAIR PRESIDENT 0.50
Officer Director
$0 $0 $0
KATHY HEUER VICE PRESIDE 0.50
Officer Director
$0 $0 $0
JOE KESSIE SECRETARY 0.50
Officer Director
$0 $0 $0
DONALD ARMSTRONG DIRECTOR 0.50
Director
$0 $0 $0
MICHELLE BURCH DIRECTOR 0.50
Director
$0 $0 $0
MATT DAHMS DIRECTOR 0.50
Director
$0 $0 $0
DR GARY DILLON DIRECTOR 0.50
Director
$0 $0 $0
ROB MARR DIRECTOR 0.50
Director
$0 $0 $0
MARCIA MCNAGNY DIRECTOR 0.50
Director
$0 $0 $0
GLORIA SMITH DIRECTOR 0.50
Director
$0 $0 $0
PAULA WORDEN DIRECTOR 0.50
Director
$0 $0 $0
JACQUELINE WORRICK DIRECTOR 0.50
Director
$0 $0 $0
SEPTEMBER MCCONNELL EXECUTIVE DI 40.00
Officer
$115,128 $0 $115,128
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 $7,806,623 $4,170,481 $42,077,042 $3,636,142
2023 $3,192,739 $4,007,084 $38,187,145 $-814,345
2022 $4,410,402 $3,871,383 $35,049,716 $539,019
2021 $4,464,023 $3,130,421 $40,059,245 $1,333,602
2020 $7,103,371 $2,841,920 $36,764,502 $4,261,451
2019 $3,725,042 $2,577,802 $29,617,195 $1,147,240
2018 $4,730,075 $2,940,720 $25,099,346 $1,789,355
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