COMMUNITY FOUNDATION OF JACKSON HOLE

EIN: 830308856 501(c)(3) Philanthropy & Grantmaking

JACKSON, WY

Total Revenue
$53,147,435
Total Expenses
$48,955,919
Total Assets
$132,225,686
Net Assets
$131,886,220
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
WY
Principal Officer
LAURIE ANDREWS
Phone
3077391026
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY FOUNDATION OF JACKSON HOLE, founded in 1994, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $53.1M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $49.0M left a modest 8% surplus.

Mission

TO IMPROVE LIVES THROUGH PHILANTHROPIC LEADERSHIP

Program Service Accomplishments

Program 1
Expenses: $26,156,954 Revenue: $2,674

OLD BILL'S FUN RUN / TIN CUP CHALLENGE - SINCE 1997, THE FOUNDATION HAS PRODUCED OLD BILL'S FUN RUN, AN INNOVATIVE INITIATIVE THAT HAS GENERATED OVER $256 MILLION TO DATE. EACH YEAR, AN ANONYMOUS...

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OLD BILL'S FUN RUN / TIN CUP CHALLENGE - SINCE 1997, THE FOUNDATION HAS PRODUCED OLD BILL'S FUN RUN, AN INNOVATIVE INITIATIVE THAT HAS GENERATED OVER $256 MILLION TO DATE. EACH YEAR, AN ANONYMOUS COUPLE, MR. & MRS. OLD BILL, CREATE A MATCHING GRANT THAT CHALLENGES THE COMMUNITY TO DONATE TO LOCAL NONPROFITS AND FOSTERS THE SPIRIT OF PHILANTHROPY. DONORS MAKE A SINGLE GIFT TO BENEFIT ONE OR MORE NONPROFITS, WHO RECEIVE 100% OF THEIR DESIGNAGTED DONATIONS ALONG WITH A PARTIAL MATCHING GRANT. IN 2008, THE CFTV LAUNCHED THE TIN CUP CHALLENGE, MODELED AFTER OLD BILL'S, WHICH HAS GENERATED OVER $23 MILLION TO DATE. IN 2023, APPROX 4,100 DONORS GAVE $28 MILLION TO SUPPORT 224 ORGS PARTICIPATING IN OLD BIL'S; OVER 1,400 DONORS GAVE $2.8 MILLION TO SUPPORT 60 ORGS PARTICIPATING IN TIN CUP.

Program 2
Expenses: $17,150,711

FUND ADMINISTRATION - THE COMMUNITY FOUNDATION MANAGES APPRX 290 FUNDS DESIGNED TO SIMPLFY PHILANTHROPY FOR LOCAL DONORS AND TO PROVIDE COST EFFECTIVE INVESTMENTS FOR LOCAL NONPROFITS. THE FOUNDATION...

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FUND ADMINISTRATION - THE COMMUNITY FOUNDATION MANAGES APPRX 290 FUNDS DESIGNED TO SIMPLFY PHILANTHROPY FOR LOCAL DONORS AND TO PROVIDE COST EFFECTIVE INVESTMENTS FOR LOCAL NONPROFITS. THE FOUNDATION OFFERS SEVEN FUND TYPES TO MEET SPECIFIC DONOR, NONPROFIT, AND COMMUNITY PHILANTHROPIC NEEDS. EACH FUND CAN BE STRUCTURED IN THREE DIFFERENT WAYS DEPENDING ON THE AMOUNT , EXPECTED DUATION, AND FORECASTED ACTIVITY. IN 2023, THE FOUNDATION RECEIVED APPRX 900 GIFTS, TOTALING $17.9 MILLION, FOR THESE FUNDS AND PROCESSED OVER 2,800 GRANTS, TOTALING $23.3 MILLION, FROM OUR FUNDS TO BENEFIT QUALIFIED CHARITIES WORKING IN A VARIETY OF FIELDS THROUGHOUT THE U.S.

Program 3
Expenses: $2,856,623

DISCRETIONARY GRANTS, SCHOLARSHIPS, & FELLOWSHIPS - 96% OF THE FOUNDATION'S OPERATIONAL EXPENSES ARE PROGRAM SERVICE EXPENSES, WHICH INCLUDES OLD BILL/TIN CUP, FUND ADMINISTRATION, DISCRETIONARY...

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DISCRETIONARY GRANTS, SCHOLARSHIPS, & FELLOWSHIPS - 96% OF THE FOUNDATION'S OPERATIONAL EXPENSES ARE PROGRAM SERVICE EXPENSES, WHICH INCLUDES OLD BILL/TIN CUP, FUND ADMINISTRATION, DISCRETIONARY GRANTS, SCHOLARSHIPS AND OTHER PROGRAM SERVICES. THE FOUNDATION'S DISCRETIONARY GRANT PROGRAMS PROVIDE FINANCIAL SUPPORT TO ORGANIZATIONS THAT ARE EFFECTIVELY ADDRESSING IMPORTANT COMMUNITY NEEDS IN TETON COUNTY, WY. FUNDING DECISIONS FOR THE COMPENTITIVE GRANTS PROGRAM ARE MADE BY A VOLUNTEER GRANTS COMMITTEE COMPRISED OF DEDICATED COMMUNITY MEMBERS WITH DIVERSE INTERESTS AND EXPERIENCE. THE YOUTH PHILANTHROPY PROGRAM INTRODUCES LOCAL HIGH SCHOOL STUDENTS TO STRATEGIC GRANTMAKING. THE MICRO GRANTS PROGRAM IS DESIGNED AS A TIMELY FUNDING MECHANISM. IN 2023, THE FOUNDATION'S GRANT PROGRAMS PROVIDED OVER $2 MILLION TO 86 ORGANIZATIONS WORKING IN JACKSON HOLE AND TETON VALLEY. THE FOUNDATION'S GRANTS PROGRAMS ARE FUNDED BY OLD BILL'S COCHALLENGERS AND TIN CUP CHALLENGERS, INDIVIDUAL DONORS, AND ENDOWED FUNDS HELD AT THE FOUNDATION.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $49,784,881
Program Service Revenue $15,867
Investment Income $3,293,548
Other Revenue $53,139
TOTAL REVENUE $53,147,435

Expense Breakdown

Grants Paid $44,542,164
Salaries & Benefits $2,756,797
Fundraising Expenses $768,801
Program Expenses $47,008,928
Other Expenses $1,656,958
TOTAL EXPENSES $48,955,919

Year-over-Year Comparison

2023 2022 Change
Revenue $53,147,435 $59,674,419 -0.1%
Expenses $48,955,919 $36,826,767 +0.3%
Net Income $4,191,516 $22,847,652 -0.8%
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
23
Independent Members
22
Employees
25
Volunteers
500

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
8
$940,746
Total Directors
23
$92,625
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE O'HALLORAN CHAIR 4.00
Officer Director
$0 $0 $0
DAVID LANDES VICE CHAIR 2.00
Officer Director
$0 $0 $0
BETTY ANDRIKOPOULOS TREASURER 2.00
Officer Director
$0 $0 $0
JANE HOPKINS CAREY SECRETARY 2.00
Officer Director
$0 $0 $0
DEIRDRE GRIFFITH EXECUTIVE COMMITTEE MEMBER 2.00
Director
$0 $0 $0
MARCIA KUNSTEL EXECUTIVE COMMITTEE MEMBER 2.00
Director
$0 $0 $0
JOHN LUMMIS EXECUTIVE COMMITTEE MEMBER 2.00
Director
$0 $0 $0
STACEY MORSE EXECUTIVE COMMITTEE MEMBER 2.00
Director
$0 $0 $0
JIMMY BARTZ DIRECTOR 1.00
Director
$0 $0 $0
VAL BECK DIRECTOR 1.00
Director
$0 $0 $0
LISA CARLIN DIRECTOR 1.00
Director
$0 $0 $0
PEGGY DAVENPORT DIRECTOR 1.00
Director
$0 $0 $0
GREG GRICUS DIRECTOR 1.00
Director
$0 $0 $0
LAURA HARRISON DIRECTOR 1.00
Director
$0 $0 $92,625
VICTOR HERNANDEZ DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN MCCARRAGHER DIRECTOR 1.00
Director
$0 $0 $0
MIRIAM MORILLON DIRECTOR 1.00
Director
$0 $0 $0
DANIELA PETERSON DIRECTOR 1.00
Director
$0 $0 $0
JOEL REVILL DIRECTOR 1.00
Director
$0 $0 $0
ANDY SCHWARTZ DIRECTOR 1.00
Director
$0 $0 $0
TED STARYK DIRECTOR 1.00
Director
$0 $0 $0
JANET WHITMIRE DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PIERSON DIRECTOR 1.00
Director
$0 $0 $0
LAURIE ANDREWS PRESIDENT 50.00
Officer
$372,513 $20,038 $392,551
ERIN LUSINS CHIEF FINANCIAL OFFICER 50.00
Officer
$187,149 $6,903 $194,052
WILL SCHWARTZ CHIEF OPERATING OFFICER 50.00
Officer
$173,317 $18,652 $191,969
ANNE BRADLEY CHIEF MARKETING OFFICER 50.00
Officer
$139,903 $22,271 $162,174
ANNIE RIDDELL DIRECTOR OF GRANTS & NONPROFIT OUTREACH 50.00
Highest
$116,495 $12,567 $129,062
KATE SCHELBE BACKBONE LEADER OF TETON BEHAVIORAL HEALTH 50.00
Highest
$105,412 $12,339 $117,751
KELSEY BREHM FINANCE OFFICER 50.00
Highest
$100,979 $11,607 $112,586
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 $53,147,435 $48,955,919 $132,225,686 $4,191,516
2022 $59,674,419 $36,826,767 $120,284,040 $22,847,652
2021 $47,502,372 $33,363,114 $113,990,661 $14,139,258
2020 $38,196,049 $34,321,080 $96,565,337 $3,874,969
2019 $33,731,724 $28,340,528 $85,390,182 $5,391,196
2018 $38,768,578 $25,172,790 $72,334,938 $13,595,788
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