nonprofit logo

Greater Lafayette Community Foundation

See Schedule O

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237147996 ✦ Lafayette, IN ✦ Designated as a 501(c)(3)

Overview

What is Greater Lafayette Community Foundation?

Greater Lafayette Community Foundation is a nonprofit organization situated in Lafayette, Indiana. Their primary objective is to foster philanthropy, stewardship, and leadership within the communities they serve. They accomplish this by educating potential donors, meticulously investing and managing funds raised, and providing grants to numerous local not-for-profit organizations. These grants primarily focus on capital and capacity building, while those from designated, donor-advised, and field of interest funds can be utilized at the recipients' discretion. The foundation's mission, in essence, is to inspire, nurture, and practice philanthropy and leadership in their community. With a workforce of 8 individuals, they make a significant impact in their local area.


Official website here: www.inspiringgreater.org

Is Greater Lafayette Community Foundation legitimate?

Greater Lafayette Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Lafayette Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $193,414
Professional Fundraising Fees: $0
Other Salaries and Wages: $369,711

For more financial information, click here


Official website here: www.inspiringgreater.org

What is the mission statement of Greater Lafayette Community Foundation?

The Greater Lafayette Community Foundation's mission is centered around inspiring, cultivating, and fostering philanthropy, stewardship, and leadership within the communities it serves. The organization accomplishes this by educating potential donors, diligently managing and overseeing funds raised, and providing grants to various local non-profit organizations. These grants primarily focus on capital and capacity building projects, although those from designated, donor-advised, and field of interest funds can be used at the agencies' discretion.


Official website here: www.inspiringgreater.org

Who is the CEO of Greater Lafayette Community Foundation?

William David Lasater is the President of Greater Lafayette Community Foundation.


Official website here: www.inspiringgreater.org

What is the revenue of Greater Lafayette Community Foundation?

Greater Lafayette Community Foundation's revenue in 2022 was $8,187,498.


Official website here: www.inspiringgreater.org

Who are the executives of Greater Lafayette Community Foundation and what are their salaries?

The average compensation at Greater Lafayette Community Foundation during 2022 was $70,391. There are 8 employees and 40 volunteers at Greater Lafayette Community Foundation.

Here are 16 key members and their salaries:

    William David Lasater (President) [Trustee/Director]
  • Compensation: $178,272
  • Related: $0
  • Other: $15,141

    • Brenda Mithoefer Clapper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanne Gernhardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Gothard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Gutwein (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Henriott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Les Huddle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mcgaughey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Rohrman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Russell (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Schultz (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie Standiford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Art Vasquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.inspiringgreater.org

    Where can I find the form 990 for Greater Lafayette Community Foundation?

    The Greater Lafayette Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.inspiringgreater.org

    Learn more at the official website: www.inspiringgreater.org

    Mission Statement of Greater Lafayette Community Foundation

    The Greater Lafayette Community Foundation's mission is centered around inspiring, nurturing, and practicing philanthropy, stewardship, and leadership within the communities it serves. This organization plays a significant role in the community by educating potential donors, meticulously investing and managing funds raised, and offering support to various local not-for-profit organizations through grants. Grants issued from discretionary funds are primarily used for capital and capacity building purposes. On the other hand, grants derived from designated, donor-advised, and field of interest funds can be utilized at the discretion of the recipient agencies. In essence, the Greater Lafayette Community Foundation serves as a catalyst for community development, fostering a culture of philanthropy and empowerment.

    Impact

    This information is meant to be a general summary of Greater Lafayette Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Greater Lafayette Community Foundation is significant in inspiring, nurturing, and practicing philanthropy, stewardship, and leadership in the communities it serves. The organization supports the community by educating potential donors, carefully investing and stewarding funds raised, and supporting numerous local not-for-profit organizations through grants. Grants made from discretionary funds are generally for capital and capacity building purposes, while grants from designated, donor-advised, and field of interest funds may be used at the agencies' discretion. Overall, the Foundation plays a vital role in enhancing the well-being of the Greater Lafayette community through strategic philanthropic initiatives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,152,736
  • Program Service Revenue: $13,511
  • Gross Receipts: $16,273,653

    • Assets and Liabilities:
  • Total Assets: $79,056,945
  • Total Liabilities: $12,741,633
  • Net Assets: $66,315,312
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GEN. SUPPORT REVENUE

    Revenue

    $13,511

    Organization Details

    Founding Year

    1970

    Principal Officer

    William David Lasater

    Main Address

    300 MAIN STREET SUITE 100, LAFAYETTE, IN, 479011327

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Greater Lafayette Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.