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Truman Heartland Community Foundation

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

EIN: 431482136 ✦ Independence, MO ✦ Designated as a 501(c)(3)

Overview

What is Truman Heartland Community Foundation?

The Truman Heartland Community Foundation, established over four decades ago, has been instrumental in promoting private philanthropy for public good in Eastern Jackson County, Missouri, and surrounding communities. With a workforce of over 8 employees, the foundation has a significant impact through various initiatives. Its grant-making activities, including scholarships and community grants, reached an all-time high of $6.3 million in 2022, benefiting numerous nonprofit organizations. The foundation's focus areas include health and welfare, arts and culture, community betterment, education, and Missouri wildlife conservation. Additionally, the foundation supports job skills training programs, collaborating with local organizations, to help individuals secure higher-paying careers. The Truman Heartland Community Foundation also engages young people in philanthropic activities through its Youth Advisory Council, providing hands-on experiences in fundraising, grantmaking, and volunteering.


Official website here: www.thcf.org

Is Truman Heartland Community Foundation legitimate?

Truman Heartland Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Truman Heartland 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: $289,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,985

For more financial information, click here


Official website here: www.thcf.org

What is the mission statement of Truman Heartland Community Foundation?

The Truman Heartland Community Foundation's primary goal is to enhance the lives of individuals in a specific region. Over the past 40 years, the foundation has showcased the impact of private giving for public benefit. Through various funds, including donor-advised funds, scholarships, and community grants, they distributed a record-breaking $6.3 million in 2022. The grants were awarded to nonprofit organizations focusing on health and welfare, arts and culture, community betterment, education, and wildlife conservation. Additionally, scholarships were given to support the education of numerous individuals, totaling over $722,000. The foundation also encourages legacy giving, with members planning for future contributions to benefit charities. The foundation's initiatives, such as the Job Skills for New Careers, aim to improve the economic status of community members. The Truman Heartland Community Foundation also engages youth in philanthropy through its Youth Advisory Council.


Official website here: www.thcf.org

Who is the CEO of Truman Heartland Community Foundation?

Phillip Hanson is the Director of Truman Heartland Community Foundation. The CEO's salary of Truman Heartland Community Foundation is $171,155 and their total compensation is $183,845.


Official website here: www.thcf.org

What is the revenue of Truman Heartland Community Foundation?

Truman Heartland Community Foundation's revenue in 2022 was $10,949,150.


Official website here: www.thcf.org

Who are the executives of Truman Heartland Community Foundation and what are their salaries?

The average compensation at Truman Heartland Community Foundation during 2022 was $80,191. There are 8 employees and 279 volunteers at Truman Heartland Community Foundation.

Here are 30 key members and their salaries (Truman Heartland Community Foundation's CEO's salary is $171,155 and their total compensation is $183,845):

    Phillip J Hanson (President/Ceo)
  • Compensation: $171,155
  • Related: $0
  • Other: $12,690

    • Bridget Stoppelman (Cfo)
  • Compensation: $102,790
  • Related: $0
  • Other: $4,715

    • Terri Steele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Stan Salva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosalie Newkirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rochelle Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Rhoads (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Dyan Zimmerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Montie Tripp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Crumbaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Merideth Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Moentmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Gerding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liesl Hays (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Mullins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glen Nash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Thomas Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Jason Snodgrass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Beth Rosemergey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Mayta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clifford D Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Silverstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Lynette Wheeler (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bret Kolman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Karen Schuler (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thcf.org

    Where can I find the form 990 for Truman Heartland Community Foundation?

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


    Official website here: www.thcf.org

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

    Mission Statement of Truman Heartland Community Foundation

    Truman Heartland Community Foundation, with a 40-year history, has dedicated its primary mission to improving the lives of the community in Eastern Jackson County, Missouri. The foundation's efforts demonstrate the impact of private giving for public good in this region. They achieve this mission through various means, including grants from their funds, scholarships, and their annual community grants program. The grants, amounting to an all-time high of $6.3 million in 2022, benefit nonprofit organizations in sectors such as health and welfare, arts and culture, community betterment, education, and Missouri wildlife conservation.

    In addition to financial aid, Truman Heartland Community Foundation also focuses on fostering future generations. They offer scholarships to support the continuing education of high school seniors, undergraduate, graduate, and technical students, totaling over $722,000 in 2022. Furthermore, the Heartland Legacy Society, a special group of members, ensures their philanthropic legacy by making provisions in their estate to benefit charity. This approach allows for future contributions to be added to an existing donor-advised fund or to establish a new fund from the legacy gift.

    In summary, Truman Heartland Community Foundation's mission is centered around improving the lives of Eastern Jackson County's residents through various means, including financial grants, scholarships, and fostering a legacy of thoughtful philanthropy. The foundation's activities reflect their commitment to the community, demonstrating the power of private giving for public good.

    Impact

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




    Saturday, July 20, 2024

    Truman Heartland Community Foundation has had a significant impact on Eastern Jackson County and surrounding communities. Through its various programs and initiatives, the foundation has demonstrated the power of private giving for the public good. In 2022, the foundation achieved a milestone by distributing grants totaling $6.3 million from all funds, including donor-advised funds, scholarships, and the annual community grants program.

    The grants awarded by the foundation supported a wide range of organizations and projects related to health and welfare, arts and culture, community betterment, education, and Missouri wildlife conservation. Additionally, scholarships totaling $722,767 were awarded to 314 individuals, including high school seniors, undergraduate, graduate, and technical students, to support their continuing education.

    Truman Heartland Community Foundation's impact extends beyond financial support. The foundation's initiatives, such as the Job Skills for New Careers program, have helped improve the economic status of 163 participants in Eastern Jackson County by providing them with job skills training, financial coaching, and mentorship for higher-paying, in-demand careers.

    Moreover, the foundation's Youth Advisory Council (YAC) has engaged 64 students from 9 local high schools in philanthropy education and hands-on experiences in fundraising, grantmaking, and volunteerism. Through events like the annual fundraiser and food drive, YAC has made a positive impact on local Truman Heartland Community Foundations and organizations serving the community.

    Overall, Truman Heartland Community Foundation's dedication to improving the lives of Eastern Jackson County residents and its collaborative efforts with various organizations have made a lasting impact on the 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: $1,284,566
  • Program Service Revenue: $857,549
  • Gross Receipts: $11,060,761

    • Assets and Liabilities:
  • Total Assets: $77,423,002
  • Total Liabilities: $18,740,673
  • Net Assets: $58,682,329
  • Programs

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

    INCOME FROM SERVICES

    Revenue

    $857,549

    Organization Details

    Founding Year

    1982

    Principal Officer

    Phillip Hanson

    Main Address

    4200 LITTLE BLUE PARKWAY STE 340, INDEPENDENCE, MO, 64131

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Truman Heartland 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.