nonprofit logo

Heritage Fund - The Community Foundation Of Bartholomew County Inc

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

EIN: 351343903 ✦ Columbus, IN ✦ Designated as a 501(c)(3)

Overview

What is Heritage Fund - The Community Foundation Of Bartholomew County Inc?

Heritage Fund, established as The Community Foundation of Bartholomew County Inc, is a local nonprofit organization based in Columbus, Indiana. With a mission to better the community, the foundation is dedicated to the responsible stewardship of charitable donations. It functions as a catalyst for positive change by promoting leadership and addressing community issues. The Foundation serves as a hub for philanthropy within Bartholomew County, managing grants totaling over $500,000 annually in the areas of opportunity, positive change, community investment, and organizational excellence. The organization also administers scholarships for high school seniors and acts as a fiscal sponsor for various community projects. The Heritage Fund's board consists of 28 community leaders, and its staff of six professionals is supported by over 50 volunteers.


Official website here: www.heritagefundbc.org

Is Heritage Fund - The Community Foundation Of Bartholomew County Inc legitimate?

Heritage Fund - The Community Foundation Of Bartholomew County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Fund - The Community Foundation Of Bartholomew 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: $193,325
Professional Fundraising Fees: $0
Other Salaries and Wages: $428,536

For more financial information, click here


Official website here: www.heritagefundbc.org

What is the mission statement of Heritage Fund - The Community Foundation Of Bartholomew County Inc?

The Heritage Fund, established as a community foundation, is dedicated to several key objectives. Primarily, it aims to responsibly manage donated funds for charitable purposes. The organization also focuses on developing community leaders to address local issues. As a catalyst for positive change, it collaborates with partners to bring about improvement. Moreover, the Heritage Fund promotes philanthropy within the community, encouraging the spirit of giving. Each year, the foundation manages over $500,000 in unresticted grants in various areas such as opportunity, positive change, community investment, and organizational excellence. The Heritage Fund is the primary administrator for high school seniors' scholarships and acts as a fiscal sponsor for essential community projects. The board consists of 28 community leaders, and the foundation employs six professionals with the support of over 50 volunteers.


Official website here: www.heritagefundbc.org

Who is the CEO of Heritage Fund - The Community Foundation Of Bartholomew County Inc?

Tracy Souza is the Director of Heritage Fund - The Community Foundation Of Bartholomew County Inc. The CEO's salary of Heritage Fund - The Community Foundation Of Bartholomew County Inc is $185,000 and their total compensation is $193,325.


Official website here: www.heritagefundbc.org

What is the revenue of Heritage Fund - The Community Foundation Of Bartholomew County Inc?

Heritage Fund - The Community Foundation Of Bartholomew County Inc's revenue in 2022 was $14,883,686.


Official website here: www.heritagefundbc.org

Who are the executives of Heritage Fund - The Community Foundation Of Bartholomew County Inc and what are their salaries?

The average compensation at Heritage Fund - The Community Foundation Of Bartholomew County Inc during 2022 was $62,186. There are 10 employees and 75 volunteers at Heritage Fund - The Community Foundation Of Bartholomew County Inc.

Here are 28 key members and their salaries (Heritage Fund - The Community Foundation Of Bartholomew County Inc's CEO's salary is $185,000 and their total compensation is $193,325):

    Tracy Souza (President & Ceo)
  • Compensation: $185,000
  • Related: $0
  • Other: $8,325

    • Kristin Munn (Employee)
  • Compensation: $102,005
  • Related: $0
  • Other: $5,480

    • Aida Ramirez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anuja Mazgaonkar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Lienhoop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Felipe Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

    • Johnnie Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnny Tsai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Glick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lora Mount (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Mark Levett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Sprague (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reinhold Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarla Kalsi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Harmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Haddad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Johnson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • John Elwood (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Schaefer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.heritagefundbc.org

    Where can I find the form 990 for Heritage Fund - The Community Foundation Of Bartholomew County Inc?

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


    Official website here: www.heritagefundbc.org

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

    Mission Statement of Heritage Fund - The Community Foundation Of Bartholomew County Inc

    Heritage Fund - The Community Foundation of Bartholomew County is a nonprofit organization dedicated to bettering the community through various charitable initiatives. The foundation exists to provide responsible stewardship of donated funds, develop leadership to address community issues, serve as a catalyst for positive change, and promote philanthropy within the community.

    In practice, Heritage Fund manages over $500,000 in unresticted grants annually in areas such as opportunity, positive change, community investment, and organizational excellence. They are also the key administrator of scholarships for high school seniors in the county and conduct the annual selection process for two Lilly Scholarships. Additionally, they serve as fiscal sponsor for important community projects and support a broad variety of charitable purposes through various funds.

    The Heritage Fund Board, composed of 28 community leaders, oversees the foundation's operations. Six professionals and over 50 volunteers contribute their expertise to development, grants, outreach, finance and audit, investment, and scholarship committees. By providing essential resources and support, Heritage Fund plays a vital role in fostering positive change and building a stronger community.

    Impact

    This information is meant to be a general summary of Heritage Fund - The Community Foundation Of Bartholomew County Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Heritage Fund - The Community Foundation of Bartholomew County Inc plays a crucial role in driving positive change and fostering community development in Bartholomew County. By providing responsible stewardship of donated gifts for broad charitable purposes, the foundation effectively supports a variety of initiatives that benefit the community. Additionally, through its promotion of leadership to address pressing community issues, Heritage Fund serves as a catalyst for positive change, working in collaboration with other organizations to achieve meaningful outcomes.

    One significant impact of Heritage Fund is its management of a competitive grants process that distributes over $500,000 in unrestricted funds annually across different areas such as opportunity, positive change, community investment, and organizational excellence. Furthermore, the foundation's administration of scholarships for high school seniors and its support for various community projects underscore its commitment to fostering education, cultural development, and community well-being.

    Overall, Heritage Fund's tireless dedication to promoting philanthropy within the community, coupled with its strategic initiatives and collaborative approach, makes it a pivotal player in driving sustainable impact and positive change in Bartholomew County.





    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: $3,919,678
  • Program Service Revenue: $0
  • Gross Receipts: $22,736,665

    • Assets and Liabilities:
  • Total Assets: $88,643,891
  • Total Liabilities: $11,257,288
  • Net Assets: $77,386,603
  • Organization Details

    Founding Year

    1976

    Principal Officer

    Tracy Souza

    Main Address

    538 FRANKLIN ST, COLUMBUS, IN, 472021547

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Heritage Fund - The Community Foundation Of Bartholomew County 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.