NonprofitsTipton County Foundation Inc

Tipton County Foundation Inc

TIPTON, IN

Total revenue

$6.8M

Total expenses

$2.7M

Net assets

$57.2M

Grants received

$742K

15 grants

EIN

311175045

Tax year

2024

Mission

The foundation is organized exclusively for charitable, religious, educational and scientific purposes including the making of distributions to organizations that qualify as exempt organizations under section 501(c) (3) of the internal revenue code of 1986, or corresponding sections of any subsequent federal tax code. It is empowered to administer and distribute property for the aforesaid purposes in accordance with the terms of any such charitable gift, grant, devise or bequest, subject to any limitation or restriction imposed by any law, and the provisions of the articles of incorporation and by-laws of the foundation. In furtherance of the aforesaid purposes, the foundation may transact any and all lawful business, provided such business is not inconsistent with the foundation being organized and operated exclusively for charitable purposes.

Programs

2 programs

The foundation provided scholarships to approximately 100 local individuals for college education expenses.

Expenses: $329KGrants: $210K

The foundation conducted business consistent with and in furtherance of its charitable, religious, educational and scientific purposes.

Expenses: $393K

Financials

FY 2024

Revenue

Contributions & grants$3.1M
Program service revenue$734K
Investment income$3.0M
Other revenue$5K
Total revenue$6.8M

Expenses

Grants paid$1.1M
Salaries & benefits$372K
Fundraising$111K
Other expenses$1.2M
Total expenses$2.7M
Total assets$59.4M
Net assets$57.2M

People

13 listed

NameRoleCompensation

MARK BAIRD

EXECUTIVE DI

Board

$122K

40 hrs/wk

SUSAN POWELL

VICE CHAIR

Board

1.5 hrs/wk

ROBERT ZAHN

TREASURER

Board

1.5 hrs/wk

MELISSA CUNNYNGHAM

SECRETARY

Board

1.5 hrs/wk

TRISH ZICKMUND

GRANTMAKING

Board

1.5 hrs/wk

CHARLES WOELFERT

DIRECTOR

Board

1 hrs/wk

ABBY HOBBS

CHAIRMAN

Board

1.5 hrs/wk

BRYCE SILVEY

DIRECTOR

Board

1 hrs/wk

JENNY MUNDELL

DIRECTOR

Board

1 hrs/wk

HARRY DIAMOND

DIRECTOR

Board

1 hrs/wk

MATT LAMBERT

DIRECTOR

Board

1 hrs/wk

ZACK CONNER

DIRECTOR

Board

1 hrs/wk

AMBER RODIBAUGH

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$7K
COMMUNITY DEVELOPMENT
2024
$445K
OPERATIONS
2023
$50K
INDIANA COMMUNITY FDN INITIATIVE
2023
$1K
TIPTON HIGH SCHOOL SCHOLARSHIP PROGRAM
2023
$4K
MEMBER CO-OP MATCHES
2022
$1K
TIPTON HIGH SCHOOL SCHOLARSHIP PROGRAM
2022
$4K
CHARITABLE
2021
$1K
TIPTON HIGH SCHOOL SCHOLARSHIP PROGRAM
2021
$100K
INDIANA COMMUNITY FDN INITIATIVE
2020
$100K
INDIANA COMMUNITY FDN INITIATIVE
2020
$17K
INTERACTIVE, ONLINE MATH AND LANGUAGE ARTS LEARNING, THROUGH THE IXL PROGRAM, FOR ALL K-12 STUDENTS IN THE TRI-CENTRAL SCHOOL DISTRICT, AS WELL AS SUPPORTING AN AFTER-SCHOOL MENTORING PROGRAM
2020
$3K
CHARITABLE
2020

Funded by

$742K from 9 funders · 15 grants · 2019–2024

Kahm Inc

$445K · 1 grant · 2023

Lilly Endowment Inc

$250K · 3 grants · 2020–2023

Fca Foundation

$17K · 1 grant · 2020

Haskett Family Foundation

$7K · 2 grants · 2020–2021

Natl Christian Charitable Fdn Inc

$7K · 1 grant · 2024

George E Shortle And Catherine H

$5K · 2 grants · 2022–2023

Land O'lakes Foundation

$4K · 1 grant · 2022

Details

EIN311175045
Subsection03
Ruling date1986-07
Formed1985
Employees5
Volunteers85
TIPTON COUNTY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo