About Us: Vision & Values
Ducky Day in Tipton Park, and youth philanthropy
"We are more than our investments. We are more than the year-to-year or day-by-day changes in our net worth. We are what we do for charity. We are how we treat our family and friends. We are how we treat our dogs and cats. We are what we do for our community and our nation. If you had $100 million or $100,000 a year ago and now you have a lot less, you are still the same person. You are not a balance sheet, at least not one denominated in money." -- Ben Stein
Through philanthropic donor services, strategic grantmaking, and constructive leadership, the Tipton County Foundation, your hometown community foundation, unites the gifts of many to sustain the causes that matter to all— now, and for all generations to come.
Founded and guided by Volunteers since 1986, contributions to TCF are tax-deductible under section 501(c)(3) and the public charity provisions of sections 509 and 170 of the Internal Revenue Code.
Purpose Statement from Articles of Incorporation
Section 3.1. Purposes. The purposes for which
the Corporation is formed are: (a) The Corporation 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. (b) 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 the Act, any other law, and the provisions of the
Articles of Incorporation or By-Laws of the Corporation. (c) In furtherance of
the aforesaid purposes, to transact any and all lawful business for which
corporations may be incorporated under the Act, provided such business is not
inconsistent with the Corporation being organized and operated exclusively for
TCF has an independent governing body broadly representative of the community, and it serves without compensation. TCF's Board is responsible for the mission, strategic direction, and policies of the organization. It must approve all grants, including scholarships. It approves and monitors policies regulating the ethical operations of the community foundation. The Board ensures adequate human resources and policies and holds the chief executive officer accountable for the operations of the Foundation.
TCF's governing body is responsible for the financial health and sustainability of the Foundation, including ensuring adequate revenue, monitoring expenses, and overseeing investment and spending practices. The Board has legal and fiduciary control over all contributions received.
Thirteen Board members are elected or appointed for five-year terms, and may not serve continuously for more than 10 years.
Board Meeting Schedule • 2014
Frank M. Giammarino
Past Chairmen of the Board/Presidents
Past Executive Directors
Volunteer Information • Click this link!
Last modified: Wednesday, October 08, 2014
TCF Grants are Made to Support Community Needs
Tipton County Foundation, Inc.