Tipton County Foundation Inc

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

EIN: 311175045 ✦ Tipton, IN ✦ Designated as a 501(c)(3)

Overview

What is Tipton County Foundation Inc?

Tipton County Foundation Inc is a nonprofit organization located in Tipton, Indiana, specifically at 1020 WEST JEFFERSON. Established with charitable, educational, religious, and scientific purposes in mind, it is empowered to distribute funds to organizations that qualify as exempt under Section 501(C)(3) of the Internal Revenue Code. The foundation's activities primarily involve grant distributions to improve the community, supporting post-secondary institutions, and promoting adult literacy. With a modest workforce of five individuals, the foundation actively seeks to engage in lawful business activities that align with its charitable objectives, ensuring it remains dedicated to its mission.


Official website here: www.tiptoncf.org

Is Tipton County Foundation Inc legitimate?

Tipton County Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tipton County Foundation 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: $121,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,177

For more financial information, click here


Official website here: www.tiptoncf.org

What is the mission statement of Tipton County Foundation Inc?

The Tipton County Foundation Inc is established with a mission to serve charitable, religious, educational, and scientific purposes. It is authorized to administer and distribute property for these purposes, adhering to the terms of any charitable gifts, grants, devises, or bequests. The foundation operates under the guidelines of Section 501(C)(3) of the Internal Revenue Code and any subsequent federal tax code, ensuring that it distributes funds to qualified exempt organizations. Additionally, the foundation has the flexibility to conduct any lawful business that does not contradict its charitable purpose.


Official website here: www.tiptoncf.org

Who is the CEO of Tipton County Foundation Inc?

Jason Hare is the Chairman of Tipton County Foundation Inc.


Official website here: www.tiptoncf.org

What is the revenue of Tipton County Foundation Inc?

Tipton County Foundation Inc's revenue in 2022 was $2,422,266.


Official website here: www.tiptoncf.org

Who are the executives of Tipton County Foundation Inc and what are their salaries?

The average compensation at Tipton County Foundation Inc during 2022 was $56,927. There are 5 employees and 85 volunteers at Tipton County Foundation Inc.

Here are 14 key members and their salaries:

    Mark Baird (Executive Director)
  • Compensation: $121,458
  • Related: $0
  • Other: $0

    • Melissa Cunnyngham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Diamond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abby Hobbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenny Mundell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryce Silvey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Charles Woelfert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Zahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trish Zickmund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Hare (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Zack Conner (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amber Rodibaugh (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tiptoncf.org

    Where can I find the form 990 for Tipton County Foundation Inc?

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


    Official website here: www.tiptoncf.org

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

    Mission Statement of Tipton County Foundation Inc

    Tipton County Foundation Inc is a community-focused organization, established for charitable, religious, educational, and scientific purposes. Its mission is to distribute funds to organizations that fall under the exempt category of Section 501(C)(3) of the Internal Revenue Code, or corresponding sections of any subsequent federal tax code. The foundation is authorized to manage and distribute property in accordance with the terms of any charitable gift, grant, devise, or bequest, subject to any imposed legal limitations or restrictions and the provisions of its articles of incorporation and by-laws.

    In pursuit of its charitable objectives, Tipton County Foundation Inc can engage in any lawful business activities, as long as they do not contradict the foundation being exclusively organized and operated for charitable purposes. The foundation's activities are guided by the purpose of empowering and supporting organizations that share its commitment to improving the community and addressing various social issues. By adhering to these principles, Tipton County Foundation Inc contributes to the betterment of the community, advancing its mission to enrich lives and promote positive change.

    Impact

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




    Thursday, August 15, 2024

    Tipton County Foundation Inc, based in Tipton, Indiana, makes a significant impact by providing grants to organizations that work towards the betterment of the community. They support post-secondary institutions in providing mentors to students of all ages and promote adult literacy. The foundation is dedicated to charitable, religious, educational, and scientific purposes, with a specific focus on distributing funds to organizations that qualify as exempt under Section 501(c)(3) of the Internal Revenue Code. Through their philanthropic efforts, Tipton County Foundation Inc plays a vital role in supporting various community initiatives and educational programs, ultimately contributing to the overall well-being and development of Tipton County and its residents.





    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: $2,118,809
  • Program Service Revenue: $0
  • Gross Receipts: $3,274,923

    • Assets and Liabilities:
  • Total Assets: $46,768,586
  • Total Liabilities: $281,144
  • Net Assets: $46,487,442
  • Organization Details

    Founding Year

    1985

    Principal Officer

    Jason Hare

    Main Address

    1020 WEST JEFFERSON, TIPTON, IN, 46072

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Tipton County Foundation Inc 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.