Compliance with National Standards for U.S. Community Foundations
information about funds, investments, events, and volunteering
Community Development Officer
Education Program Officer
Ducky Day in Tipton Park, and youth philanthropy
meeting room reservations, donor receipts and
payments to vendors
Board of Directors
1020 W. Jefferson St.
A printable "PDF" of the Foundation's Annual Report of
Financial Progress, Grants, and Scholarships may be downloaded with this
United Community Fund
|Management & General
|TCF Own Endowments
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:
Health Tipton Hospital
Mount Community Center
& Girls Club
Street Christian Church
United Methodist Church
Agricultural Historical Museum.
County Mustard Seed
|Tipton County Council on
Notes to Annual Report
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
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
on the Foundationís website.
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
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.
Management & General Expenses are those categories that
are typical costs of any business. For TCF, they are less than 22% of total
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.
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
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.
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.
Wednesday, March 26, 2014