Community Foundation of Elkhart County Inc
92% goes to programs $2 to raise $100 Strong reserves Declining revenue
Community Foundation of Elkhart County Inc is a 501(c)(3) organization based in Elkhart, Indiana, registered in 1989, with $51,294,999 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
240 E Jackson Blvd Ste 104, Elkhart, IN, 46516 EIN 31-1255886 Since 1989
Revenue (FY2024)
$51.3M
▼ 12.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$43.3M
Net assets
$445.8M
Employees
33
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating92% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Community Foundation of Elkhart County Inc: 92% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating123 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Community Foundation of Elkhart County Inc: 123 mo reserves · +15% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Community Foundation of Elkhart County Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Community Foundation of Elkhart County Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To improve the quality of life in elkhart county by inspiring generosity
Contact & location
- Address
- 240 E Jackson Blvd Ste 104, Elkhart, IN, 46516
- City
- Elkhart
- State
- Indiana
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.1M (FY2013) to $51.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $55.9MNet assets $445.8M
Operating margin
15.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$501.7M
Total liabilities
$55.9M
Net assets
$445.8M
Salaries & benefits
$3.2M
7% of expenses
Board members
21
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,294,999▼12.8% | $43,348,557▲32.6% | $445,834,017▲8.1% | $501,709,746▲8.8% | 990 |
| 2023 | $58,848,264▲65.1% | $32,696,199▼20.8% | $412,491,695▲15.0% | $461,316,930▲13.9% | 990 |
| 2022 | $35,651,678▼43.8% | $41,291,217▲21.3% | $358,556,442▲5.5% | $405,087,193▲3.1% | 990 |
| 2021 | $63,450,759▲52.5% | $34,034,208▲54.1% | $339,731,324▼8.7% | $392,859,381▼6.0% | 990 |
| 2020 | $41,619,440▼13.0% | $22,089,808▼42.4% | $372,231,640▲32.6% | $418,149,768▲32.8% | 990 |
| 2019 | $47,812,553▲25.7% | $38,344,667▲28.0% | $280,731,564▲2.2% | $314,805,317▲4.4% | 990 |
| 2018 | $38,036,936▲14.1% | $29,952,789▲1.3% | $274,724,030▲3.2% | $301,659,661▲2.4% | 990 |
| 2017 | $33,324,045▲2.3% | $29,571,942▲71.7% | $266,330,399▲6.4% | $294,618,743▲8.3% | 990 |
| 2016 | $32,566,186▲86.4% | $17,218,338▲2.4% | $250,206,306▲18.4% | $272,074,268▲17.5% | 990 |
| 2015 | $17,468,371▼20.9% | $16,822,779▲121% | $211,251,777▼1.8% | $231,634,260▲1.9% | 990 |
| 2013 | $22,089,426 | $7,621,805▲49.6% | $215,204,284▲14.3% | $227,409,428▲15.2% | 990 |
| 2012 | — | $5,093,817▲33.0% | $188,260,542▲400% | $197,402,382▲330% | 990 |
| 2011 | — | $3,831,006▼9.9% | $37,681,230▼3.4% | $45,951,507▼0.7% | 990 |
| 2010 | — | $4,252,158▲51.9% | $39,007,792▲12.5% | $46,282,666▲12.4% | 990 |
| 2009 | — | $2,798,700 | $34,673,898 | $41,183,570 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Peter L Mccown — $266,843 (0.62% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Peter L Mccown | President | 40 | $266,843 |
| Cole Patuzzi | Cfo | 40 | $166,076 |
| Candace Yoder | Senior Advisor | 40 | $134,193 |
| Brian Cook | Cmo | 40 | $113,623 |
| Carrie Berghoff | Cdo | 40 | $100,075 |
| Amy Brown | Director | 1 | — |
| Angie Eggering | Director | 1 | — |
| Becky Bontreger | Director | 1 | — |
| Bj Thompson | Director | 1 | — |
| Bruce Korenstra | Director | 1 | — |
| Dan Morrison | Director | 1 | — |
| David Weaver | Chairperson | 1 | — |
| Denise Davis | Director | 1 | — |
| Derald Bontrager | Director | 1 | — |
| Eric Ivory | Director | 1 | — |
| Galen Miller | Director | 1 | — |
| Isaac Torres | Director | 1 | — |
| Jan Farron | Director | 1 | — |
| John Liechty | Vice Chair | 1 | — |
| Ken Julian | Secretary | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Mercer | Investment Management Fees | $642,882 |
| Kruse Design | Marketing | $210,950 |
| Stifel | Investment Management Fees | $189,761 |
| Abonmarche Consultants Inc | Engineering and Surveying | $113,800 |
Grants received · $6.6M total
36 grants to Community Foundation of Elkhart County Inc totaling $6.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of St Joseph County Inc | Restricted | 2024 | $1,000,400 |
| American Endowment Foundation | Philanthropy | 2024 | $89,942 |
| The Bessemer Giving Fund | General support | 2024 | $68,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $32,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $650,000 |
| Early Learning Indiana Inc | Early years initiative | 2023 | $400,000 |
| American Endowment Foundation | Philanthropy | 2023 | $83,053 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $23,378 |
| The Bessemer Giving Fund | General support | 2023 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $6,500 |
| Elkhart General Hospital Inc | Sponsor programs | 2023 | $5,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $418,100 |
| The Blackbaud Giving Fund | General support | 2022 | $9,800 |
| Elkhart General Hospital Inc | Sponsor programs | 2022 | $8,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $5,200 |
Grants made · $35.3M in FY2024
301 grants totaling $35.3M in FY2024 — showing the 15 largest. All grants made by Community Foundation of Elkhart County Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Beacon Health Foundation Inc | To further the exempt purpose of the organization | $2,718,258 |
| Baugo Community Schools | To further the exempt purpose of the organization | $2,232,046 |
| Goshen College Inc | To further the exempt purpose of the organization | $2,168,078 |
| Tolson Center Inc | To further the exempt purpose of the organization | $2,040,324 |
| Child and Parent Services Inc | To further the exempt purpose of the organization | $1,498,418 |
| Elkhart Health Fitness and Aquatics Inc | To further the exempt purpose of the organization | $1,261,099 |
| Boys & Girls Clubs of Elkhart County Inc | To further the exempt purpose of the organization | $1,020,586 |
| Wellfield Botanic Gardens Inc | To further the exempt purpose of the organization | $963,795 |
| Reta Inc | To further the exempt purpose of the organization | $851,850 |
| James Whitcomb Riley Memorial Association | To further the exempt purpose of the organization | $773,962 |
| Oaklawn Psychiatric Center Inc | To further the exempt purpose of the organization | $705,900 |
| Elkhart County Health Department | To further the exempt purpose of the organization | $646,000 |
| Ulead Inc | To further the exempt purpose of the organization | $559,750 |
| National Forest Foundation | To further the exempt purpose of the organization | $500,099 |
| Ruthmere Foundation Inc | To further the exempt purpose of the organization | $457,872 |
Similar organizations in Philanthropy
Philanthropy
United Way of Central Indiana Inc
Indianapolis, IN
$51.1M
B+annual revenue
Philanthropy
Central Indiana Community Foundation Inc
Indianapolis, IN
$48.5M
Aannual revenue
Philanthropy
Legacy Foundation Inc
Merrillville, IN
$43.1M
Bannual revenue
Philanthropy
Community Foundation of St Joseph County Inc
South Bend, IN
$61.3M
Aannual revenue
Philanthropy
Foundation For Advanced Philanthrophy
Indianapolis, IN
$39.3M
Bannual revenue
Philanthropy
Community Foundation of Greater Fort Wayne Inc
Fort Wayne, IN
$33.8M
Bannual revenue
Philanthropy
James Whitcomb Riley Memorial Association
Indianapolis, IN
$72.8M
B+annual revenue
Philanthropy
Harrison County Community Foundation Support Organ Inc
Corydon, IN
$27.0M
Bannual revenue
Philanthropy
Community Foundation of Bloomington and Monroe County Inc
Bloomington, IN
$26.2M
Bannual revenue
Philanthropy
Community Foundation of Hancock County Inc
Greenfield, IN
$23.6M
Dannual revenue
Compare Community Foundation of Elkhart County Inc
Frequently asked questions
- Is Community Foundation of Elkhart County Inc a legitimate nonprofit?
- Yes. Community Foundation of Elkhart County Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1255886, based in Elkhart, Indiana. Donations are tax-deductible.
- What is Community Foundation of Elkhart County Inc's EIN?
- Community Foundation of Elkhart County Inc's Employer Identification Number (EIN) is 31-1255886.
- How much revenue does Community Foundation of Elkhart County Inc report?
- Community Foundation of Elkhart County Inc reported $51,294,999 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Community Foundation of Elkhart County Inc's spending goes to programs?
- Community Foundation of Elkhart County Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Community Foundation of Elkhart County Inc have?
- CharityIndex grades Community Foundation of Elkhart County Inc A, based on program efficiency and fundraising cost.
- How much does Community Foundation of Elkhart County Inc's highest-paid employee make?
- The highest reported compensation on Community Foundation of Elkhart County Inc's latest Form 990 is $266,843, paid to Peter L Mccown (President).
More nonprofits in Elkhart
Explore more
Data for Community Foundation of Elkhart County Inc (EIN 31-1255886) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.