NonprofitsCommunity Foundation Of Frederick County Maryland Incorporated

Community Foundations

Community Foundation Of Frederick County Maryland Incorporated

FREDERICK, MD

Total revenue

$21.9M

Total expenses

$11.2M

Net assets

$180.2M

Grants received

$1.6M

52 grants

EIN

521488711

Tax year

2023

Mission

Generous donors create positive impact in the lives of frederick county citizens through grants and scholarships. In fy2024, grants totaling $6,310,590 benefited 331 nonprofits serving the community, supporting their critical programs and providing services to thousands of residents. Scholarships for post-secondary study (including career training) totaling $2,136,556 were awarded to 373 students. As a result, the well-being, growth, and success of frederick county citzens and our community -at-large were improved, and community members were motivated to participate in community foundation initiatives.

Programs

2 programs

Scholarships-the community foundation is one of the largest providers of scholarships in frederick county, and administers the trumpower scholarships for carroll county residents. Scholarships are awarded to individuals pursuing education past high school, including two and four-year colleges and universities, trade and technical schools, masters and doctoral programs, and certifications. Students may apply for scholarships during any year of their academic careers, including non-traditional students who did not begin their post-secondary studies immediately following high school. The community foundation's volunteer scholarship committee reviews all applications and selects recipients that best match the criteria set forth by the donor when the scholarship fund was established. Scholarships are available for almost any area of study, some do not consider financial need as criteria, and some are renewable for one or more years. Additionally, some scholarships are offered for students ages 6 to 17 for music, instrumental, dance and vocal instruction and some are offered for youth ages 11 to 18 for athletic programs.

Expenses: $2.5MGrants: $2.1M

Impact and other grants - the community foundation administers grants from field of interest, donor-advised and designated funds established by donors who want to create impact and support their favorite causes. Field of interest fund founders specify general areas for the community foundation to direct its grantmaking, but not specific nonprofits. Donor-advised fund founders recommend grants from their funds, with the community foundation board of trustees having final approval. Grants from designated funds support the community causes identified in the agreement executed when the donor established the fund with the community foundation. All grantees must be in good standing with all state and federal registrations and some must provide descriptions of the impact of their programs and reports to ensure accountability.

Expenses: $6.0MGrants: $5.8M

Financials

FY 2023

Revenue

Contributions & grants$9.1M
Program service revenue
Investment income$12.8M
Other revenue
Total revenue$21.9M

Expenses

Grants paid$8.4M
Salaries & benefits$1.6M
Fundraising$568K
Other expenses$1.1M
Total expenses$11.2M
Total assets$193.3M
Net assets$180.2M

People

29 listed

NameRoleCompensation

ELIZABETH Y DAY

PRESIDENT & CEO

Board

$229K

50 hrs/wk

GAIL M FITZGERALD

CHIEF FINANCIAL OFFICER

Board

$179K

50 hrs/wk

DETRIC KEMP

FIRST VICE PRESIDENT

Board

1 hrs/wk

ABBIE RICKETTS

TRUSTEE

Board

1 hrs/wk

ALEJANDRO CANADAS

TRUSTEE

Board

1 hrs/wk

ANGELA DREDDEN

TRUSTEE

Board

1 hrs/wk

ASHLEIGH ROSSI

TRUSTEE

Board

1 hrs/wk

CARMEN HERNANDEZ

TRUSTEE

Board

1 hrs/wk

CHRISTOPHER HESSEN

TRUSTEE

Board

1 hrs/wk

DARRYN NAYLIN

TRUSTEE

Board

1 hrs/wk

DAVID WEIGELT

TRUSTEE

Board

1 hrs/wk

BEATRICE REAVER

CHAIRMAN

Board

1 hrs/wk

JEAN JOYCE

TRUSTEE

Board

1 hrs/wk

JENNIFER CLINGAN

TRUSTEE

Board

1 hrs/wk

JOSHUA DONOFRY

TRUSTEE

Board

1 hrs/wk

LINDA MORGAN

TRUSTEE

Board

1 hrs/wk

LOUANNE WELGOSS

TRUSTEE

Board

1 hrs/wk

PATTI MALUCHNIK

TRUSTEE

Board

1 hrs/wk

RAEANN BUTLER

TRUSTEE

Board

1 hrs/wk

RICHARD PEARRELL

TRUSTEE

Board

1 hrs/wk

SHAWN WOLF

TRUSTEE

Board

1 hrs/wk

GORDON COOLEY

TRUSTEE

Board

1 hrs/wk

IAN BARTMAN

PAST CHAIRMAN

Board

1 hrs/wk

KIMBERLY CHANEY

TREASURER

Board

1 hrs/wk

VERONICA D LOWE

SECRETARY

Board

1 hrs/wk

PAUL ROSE

SECOND VICE PRESIDENT

Board

1 hrs/wk

LAURA MCCULLOUGH

DIRECTOR PHILANTHROPIC SER

Staff

$129K

40 hrs/wk

DIANA FULCHIRON

DIRECTOR OF COMMUNITY IMPA

Staff

$114K

40 hrs/wk

KIMBERLY LIDDICK - BYRNES

DIRECTOR OF MARKETING & CO

Staff

$102K

40 hrs/wk

Independent contractors

ASSET STRATEGY CONSULTANTS

INVESTMENT ADVISORY CONSULTANT

$126K

Grants received

Showing 52 of 52

FromAmountPurposeYear
$100K
THE FUTURE YOUTH CENTER: EMPOWERING YOUNG AND EMERGING ADULTS IN FREDERICK
2024
$50K
COMMUNITY & HUMAN SERVICES
2024
$41K
FOR PROGRAM SERVICES
2024
$25K
FOR PROGRAM SERVICES
2024
$10K
RFSP SUB-GRANT PAYMENT
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$50K
COMMUNITY & HUMAN SERVICES
2023
$45K
To supplement grants awarded to non-profit organizations in Frederick County, Maryland.
2023
$35K
PUBLIC, SOCIETAL BENEFIT
2023
$20K
UNRESTRICTED GENERAL SUPPORT
2023
$18K
FOR PROGRAM SERVICES
2023
$17K
PUBLIC, SOCIETAL BENEFIT
2023
$14K
For grant recipient's exempt purposes
2023
$9K
TRAUMA RESPONSIVE FREDERICK, EMERGENCY FUND
2023
$7K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$54K
PUBLIC, SOCIETAL BENEFIT
2022
$25K
VETERAN GRANTS
2022
$20K
OPERATIONS
2022
$18K
FOR PROGRAM SERVICES
2022
$15K
GENERAL SUPPORT
2022
$15K
For grant recipient's exempt purposes
2022
$1K
GENERAL OPERATING SUPPORT
2022
$104K
PUBLIC, SOCIETAL BENEFIT
2021
$17K
FOR PROGRAM SERVICES
2021
$10K
GENERAL SUPPORT
2021
$7K
For grant recipient's exempt purposes
2021
$7K
For grant recipient's exempt purposes
2021
$100K
1 GRANT(S) FOR VARYING PURPOSES
2020
$33K
FOR PROGRAM SERVICES
2020
$23K
GENERAL SUPPORT
2020
$12K
UNRESTRICTED GENERAL SUPPORT
2020
$11K
DESTINATION DEVELOPMENTS
2020
$10K
For grant recipient's exempt purposes
2020
$7K
PUBLIC, SOCIETAL BENEFIT
2020
$258K
GENERAL SUPPORT
2019
$31K
PUBLIC, SOCIETAL BENEFIT
2019
$24K
GENERAL SUPPORT
2019
$14K
For grant recipient's exempt purposes
2019
$9K
PUBLIC, SOCIETAL BENEFIT
2019
$12K
GENERAL SUPPORT
2018
$12K
GENERAL SUPPORT
2017
$10K
PUBLIC, SOCIETAL BENEFIT
2017

Funded by

$1.6M from 21 funders · 52 grants · 2017–2024

Ausherman Family Trust

$267K · 2 grants · 2019–2023

Donor Advised Charitable Giving Inc

$231K · 5 grants · 2019–2023

Greater Washington Community Foundation

$190K · 6 grants · 2019–2023

William E Cross Foundation Inc

$126K · 5 grants · 2020–2024

The Winston-Salem Foundation

$100K · 1 grant · 2020

The Kahlert Foundation Inc

$100K · 1 grant · 2024

Gs Donor Advised Philanthropy Fund

$100K · 2 grants · 2023–2024

The Community Foundation Of

$96K · 6 grants · 2017–2022

Details

EIN521488711
NTEE codeT31
Subsection03
Ruling date1987-05
Formed1986
Employees20
Volunteers174
COMMUNITY FOUNDATION OF FREDERICK COUNTY MARYLAND INCORPORATED — Mission, Financials & Grants Received | Grantivo