Tipton County Foundation
Thank You For Helping Us Do Good!
 
PO Box 412 ē Tipton, IN 46072

tcf@tiptoncf.org

Welcome! Latest Annual Report Donor Info! Grants! Scholarships! Raising Money!


2011 Activities

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Accredited in Compliance with National Standards for U.S. Community Foundations


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President
Frank Giammarino
 for information about funds, investments, events, and volunteering
675-1940

Community Development Officer
Lori Tragesser
for Grants
Women's Fund
675-1941

Education Program Officer
Chad Huff

for Scholarships Ducky Day in Tipton Park, and youth philanthropy
675-1943

Bookkeeper
Grace Leininger
meeting room reservations, donor receipts and payments to vendors

675-1942


Auto Attendant
765-675-8480

Board of Directors


Conference Center

1020 W. Jefferson St.
Tipton

(Please send all mail to PO Box 412.)
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Summary Report

A printable "PDF" of the Foundation's Annual Report of Financial Progress, Grants, and Scholarships may be downloaded with this link: 2011 Report

Total Assets  $22,929,766
Contributions $ 382,447

Major Gifts/Bequests

1,000,000

Memorials

29,010

Sponsorships

16,600

United Community Fund

16,545

Fees/Other

102,073
Investments (Net)  28,529
Total Revenue  $1,575,234
Community Benefits $ 851,391
Management & General  340,177
Fundraising  25,581
TCF Own Endowments 282,875
Total Expenses $1,500,024

Chief Beneficiary Organizations

ALL Grants are listed in the printed Annual Report that you can view or print. Certain worthy causes particularly benefited from various TCF grants in 2011:

IU Health Tipton Hospital $ 297,897
C.W. Mount Community Center  55,424
Boys & Girls Club  39,578
West Street Christian Church  36,391
Kemp United Methodist Church  30,570
Kelley Agricultural Historical Museum. 30,396
Tipton County Mustard Seed 26,238
Tri-Central Community Schools 17,940
Tipton County Council on Aging  16,783

Notes to Annual Report

  1. Fee Income: 1/2 of 1% of the total value of each component fund managed by TCF is paid toward the cost of sustainability of the Foundation

  2. The Grantmaking Committee recommends to the Board of Directors approval of proposals from community organizations for projects that seek Foundation support. Although funds are limited, groups engaged in charitable projects are invited to review the guidelines for grant proposals found at www.tiptoncf.org/grants.htm on the Foundationís website.

  3. The scholarship information listed in the printed report include only payments actually made from funds managed by the Foundation. Tipton and Tri-Central students (and alumni) receive hundreds of thousands in annual and financial aid dollars not reported here. For information on the TCF's role visit www.tiptoncf.org/scholarships.htm.

  4. Component Funds are all the endowed and non-endowed funds that are established with a particular purpose, including our General Endowment and others that help underwrite the costs of doing business as a community foundation. TCF holds Agency Funds established to produce consistent support for certain incorporated non-profit organizations (including churches), Field of Interest Funds that can make grants for particular kinds of projects rather than any particular agency, and donor-advised or designated funds, set up by and usually named for their principal contributor to benefit a particular group of causes each year.

  5. Management & General Expenses are those categories that are typical costs of any business. For TCF, they are less than 22% of total expenditures.

  6. Fundraising Expenses are those they help underwrite the costs of telling the Foundation's story and seeking the broad public support that is necessary for fulfilling its charitable mission. Although these vary, depending on campaigns and initiatives underway in any given year, they average less than 3% of our total expenses.

  7. Total assets include our investments in marketable securities (about $23.5 million on December 31, 2012), cash, and the value of the Foundation Office & Conference Center and the land where it is located.


IRS Federal Income Tax Forms 990

Since 2004, each year's official report to the IRS, Form 990, has been posted on our website in PDF format, and may be viewed online or printed in September, after it is filed. Click on the links in the column on the right side of this page to open a PDF of the IRS report.


Annual Reports

Click on the links in the column on the right side of this page to see a webpage summary of each year's progress and grantmaking activities.

 


Contact Us    Last modified: Thursday, December 18, 2014

2011 Annual Report.pdf
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