EIN 31-1255886

Community Foundation of Elkhart County (CFEC)

IRS 501(c) type
501(c)(3)
Num. employees
28
State
Year formed
1988
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The Community Foundation of Elkhart County is dedicated to transforming Elkhart County by advising donors of all types on charitable giving, awarding grants to effective nonprofit organizations and providing leadership to address critical needs.
Also known as...
Elkhart County Community Foundation
Total revenues
$63,450,759
2022
Total expenses
$34,034,208
2022
Total assets
$392,859,381
2022
Num. employees
28
2022

Program areas at CFEC

The Community Foundation of Elkhart County (cfec) was established in 1988 to inspire people to make charitable gifts that improve the quality of life in Elkhart County. As a public, tax-exempt philanthropic organization, cfec solicits and develops both endowed and non-endowed funds with a primary focus on benefiting local charities and helping local individuals achieve their charitable goals. Grants from restricted funds are issued in accordance with the terms established in the respective governing fund agreements. Most of these grants are to local tax-exempt organizations and span a wide array of charitable causes, including arts & culture, Community development, education & youth development, health & human services, religious institutions, and scholarships. Cfec also maintains a fund for Elkhart County that represents unrestricted dollars. Cfec's board is using the unrestricted dollars to advance three focus areas that benefit the County: career pathways, kids & family, and placemaking. Additionally, cfec serves as the local administrator for the lilly endowment Community scholarship.

Grants made by CFEC

GranteeGrant descriptionAmount
Wellfield Botanic Gardens (WBG)To Further the Exempt Purpose of the Organization$4,545,786
Women's Care CenterTo Further the Exempt Purpose of the Organization$1,415,215
Boys and Girls Club of Elkhart CountyTo Further the Exempt Purpose of the Organization$1,049,926
...and 268 more grants made totalling $23,951,322

Who funds Community Foundation of Elkhart County (CFEC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Beverly Sherck Education Charitable CorporationProgram Support$1,898,499
Shoup Family FoundationGift$1,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$750,200
...and 23 more grants received totalling $5,499,892

Personnel at CFEC

NameTitleCompensation
Peter McCownPresident and Chief Executive Officer$256,721
Cole PatuzziChief Financial Officer$132,404
Brian D. CookChief Marketing and Communications Officer
Carrie BerghoffChief Development Officer
Candy YoderChief Program Officer
...and 22 more key personnel

Financials for CFEC

RevenuesFYE 06/2022
Total grants, contributions, etc.$41,793,735
Program services$13,854
Investment income and dividends$13,992,478
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,650,692
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$63,450,759

Form 990s for CFEC

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-05-10990View PDF
2020-062021-05-25990View PDF
2019-062021-01-21990View PDF
2018-062019-10-12990View PDF
...and 10 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 23, 2023
Received grants
Identified 15 new grant, including a grant for $1,898,499 from Beverly Sherck Education Charitable Corporation
August 2, 2023
Updated personnel
Identified 4 new personnel
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsOperates internationallyState / local levelEndowed supportProvides scholarshipsTax deductible donations
General information
Address
240 E Jackson Blvd 104
Elkhart, IN 46516
Metro area
Elkhart-Goshen, IN
Website URL
inspiringgood.org/ 
Phone
(574) 295-8761
IRS details
EIN
31-1255886
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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