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Community Foundation Of Elkhart County Inc

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

EIN: 311255886 ✦ Elkhart, IN ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation Of Elkhart County Inc?

The Community Foundation of Elkhart County (CFEC) is a local philanthropic organization, established in 1988, with a mission to enhance the quality of life in Elkhart County by inspiring charitable giving. Based at 240 East Jackson Blvd 104, Elkhart, IN 46516, CFEC manages both endowed and non-endowed funds, with a primary focus on benefiting local charities and individuals. They issue grants from restricted funds, adhering to the terms established in respective governing fund agreements. Most grants support local tax-exempt organizations, spanning a wide range of charitable causes, including arts and culture, community development, education and youth development, health and human services, religious institutions, and scholarships. CFEC also maintains an unrestricted fund and uses its resources to advance three focus areas: career pathways, kids and family, and placemaking. Furthermore, they serve as the local administrator for the Lilly Endowment Community Scholarship.


Official website here: www.inspiringgood.org

Is Community Foundation Of Elkhart County Inc legitimate?

Community Foundation Of Elkhart County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Elkhart County Inc 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: $433,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,284,204

For more financial information, click here


Official website here: www.inspiringgood.org

What is the mission statement of Community Foundation Of Elkhart County Inc?

The Community Foundation of Elkhart County (CFEC) is a philanthropic organization that aims to enhance the quality of life in local communities by inspiring generosity. Established in 1988, CFEC solicits and develops funds, primarily intended for the benefit of local charities and individuals seeking to achieve their charitable goals. Grants from these funds are issued according to the terms established in the respective governing fund agreements. Recipients of these grants span a wide array of charitable causes, including arts and culture, community development, education and youth development, health and human services, religious institutions, and scholarships. CFEC also maintains a fund for unspecified purposes, which the board uses to support three focus areas: career pathways, kids and family, and placemaking. Additionally, CFEC serves as the local administrator for the Lilly Endowment Community Scholarship.


Official website here: www.inspiringgood.org

Who is the CEO of Community Foundation Of Elkhart County Inc?

Peter Mccown is the Chairperson of Community Foundation Of Elkhart County Inc.


Official website here: www.inspiringgood.org

What is the revenue of Community Foundation Of Elkhart County Inc?

Community Foundation Of Elkhart County Inc's revenue in 2022 was $63,450,759.


Official website here: www.inspiringgood.org

Who are the executives of Community Foundation Of Elkhart County Inc and what are their salaries?

The average compensation at Community Foundation Of Elkhart County Inc during 2022 was $61,350. There are 28 employees and 69 volunteers at Community Foundation Of Elkhart County Inc.

Here are 25 key members and their salaries:

    Peter L Mccown (President)
  • Compensation: $256,721
  • Related: $0
  • Other: $48,425

    • Cole Patuzzi (Cfo)
  • Compensation: $132,404
  • Related: $0
  • Other: $14,711

    • Jodi Spataro (Employee)
  • Compensation: $139,900
  • Related: $0
  • Other: $5,584

    • Candace Yoder (Employee)
  • Compensation: $125,451
  • Related: $0
  • Other: $7,769

    • David Findlay (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • David Weaver (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deb Beaverson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Bontreger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dick Armington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Galen Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isaac Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jan Farron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Liechty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Julian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kerri Ritchie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ola Yoder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raquel Espinosa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Cripe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Liegl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Fidler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Pletcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Cleveland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Gunden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bj Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.inspiringgood.org

    Where can I find the form 990 for Community Foundation Of Elkhart County Inc?

    The Community Foundation Of Elkhart County Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.inspiringgood.org

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

    Mission Statement of Community Foundation Of Elkhart County Inc

    The Community Foundation of Elkhart County, or CFEC, is a philanthropic organization established in 1988 with a mission to enhance the quality of life in Elkhart County by inspiring generosity. As a tax-exempt entity, CFEC collects charitable donations and develops both endowed and non-endowed funds, primarily focusing on benefiting local charities and helping individuals achieve their charitable objectives.

    Grants from the various funds are distributed in accordance with the specified terms outlined in the respective governing fund agreements. Most grants are awarded to local tax-exempt organizations and cover a broad spectrum of charitable causes, which include arts and culture, community development, education and youth development, health and human services, religious institutions, and scholarships. The foundation also maintains an unallocated fund for Elkhart County, which the board utilizes to support three focus areas that positively impact the county: Career Pathways, Kids & Family, and Placemaking. Additionally, CFEC serves as the local administrator for the Lilly Endowment Community Scholarship.

    Impact

    This information is meant to be a general summary of Community Foundation Of Elkhart County Inc. 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 Community Foundation Of Elkhart County Inc is evident in its efforts to improve the quality of life in Elkhart County through inspiring generosity. By soliciting and developing endowed and non-endowed funds, the foundation supports local charities and helps individuals achieve their charitable goals. Grants from these funds benefit a wide array of charitable causes, including arts & culture, community development, education & youth development, health & human services, religious institutions, and scholarships.

    Furthermore, the foundation's board focuses on advancing career pathways, supporting kids & families, and promoting placemaking in the county using unrestricted dollars. The foundation also plays a crucial role as the local administrator for the Lilly Endowment Community Scholarship, providing opportunities for local students to pursue higher education. Overall, the Community Foundation Of Elkhart County Inc's impact is felt across various sectors, contributing to a more vibrant and sustainable community.





    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: $21,643,170
  • Program Service Revenue: $13,854
  • Gross Receipts: $108,445,671

    • Assets and Liabilities:
  • Total Assets: $392,859,381
  • Total Liabilities: $53,128,057
  • Net Assets: $339,731,324
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $13,854

    Organization Details

    Founding Year

    1988

    Principal Officer

    Peter Mccown

    Main Address

    240 EAST JACKSON BLVD 104, ELKHART, IN, 46516

    NTEE Category

    Code: T31 - Philanthropy

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