Annual Report 2023

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2023 Annual Report

Fun for All at Arlington Pool Fun for All at 50 North Boy Scouts Adventure Day Camp Ribbon Cutting for Renovated Foundation Office Fun for All at MCPA 2023
Lilly School Class Graduates

Letter From The President & CEO

At The Community Foundation, our mission is to improve the quality of life for all in the community. In 2023, the Foundation worked with many donors to establish funds and create planned gifts. Because of the generosity of those donors, and the thousands before them, the Foundation awarded $4.7 million to deserving nonprofits and students last year.

The Community Foundation can rise to the challenges in Hancock County because of those donors, grant recipients and partners who join us in addressing the changing needs in our community. These challenges are not issues we can address alone, and we are at our best when all of us come together to make a difference.

One way we’re working to ensure we can continue to address these needs is through our Funding Forever initiative. The Foundation is working with professional advisors to educate the community on the importance of estate planning and how planned giving can play a role. By creating a plan now, generous donors are ensuring Hancock County will have Funding Forever. We look forward to partnering to use that funding to create a lasting impact in the community.

Sincerely,

717 Donors

$4.7M Amount Awarded

$1.6M Responsive grants

883 Number of Grants $85M Grants Since Inception

Total Assets (in millions) 0 50 100 150 200 2023 2019 2020 2021 2022 $162M $142M $159M $178M $145M 2023 By the Numbers Responsive Grants by Program Area 11% Education 30% Housing + Human Services 11% Health/Disease 10% Recreation/Sports/Leisure 10% Safety 7% Nonprofit Capacity Building 5% Workforce 5% Mental Health/Substance Use 4% Youth 2% Diversity 2% Environment 1% Food/Nutrition 1% Childcare 1% Art/Culture/Humanities
$3M Gifts Received 505 Funds $162M Assets
Funds Grants

The Community’s Endowment

Comprised of Common Good and Field of Interest funds, this pool is used by the Foundation board and staff to award responsive grants based on the community’s emerging needs like access to pre-k, coronavirus response, The Family Center and more.

Statement Of Financial Position

Donor-Directed Funds

Donor-directed funds include agency, designated, scholarship and donor advised funds. Donors instruct the Foundation to use these dollars for a specific purpose.

Good Field of Interest Funds $291K Awarded through the Responsive Grants program $7.5M in assets
$1.3M Awarded through the Responsive Grants program $47.7M in assets Funds For The Common
Donor Advised Funds $1.2M
259 grants Scholarship Funds 139 scholarship funds $423K awarded 275 scholarships 210 student recipients Designated Funds $1.7M awarded 70 grants Assets Cash and Cash Equivalents Investments Other Assets Total Assets $5,388,156 $152,336,085 $4,673,281 $162,397,522 Liabilities Accounts Payable Grants Payable Funds Held for Agencies Other Liabilities Total Liabilities $108,448 $695,941 $6,184,798 $483,065 $7,472,252
awarded
Net Assets $154,925,270 Total Liabilities and Net Assets $162,397,522 Revenue Contributions Investment Income Other Revenue Total Revenue $3,083,548 $20,055,899 $772,935 $23,912,382 Expenses Grants Program Services Management and General Fundraising and Development Total Expenses $4,733,188 $1,477,717 $354,038 $615,716 $7,180,659 Statement Of Activity Change in Net Assets Net Assets, Beginning of Year $16,646,572 Net Assets, End of Year $154,925,270 $138,278,698

2023 Board of Trustees

Patty

John

Beverly

Kelly

Bill

Frank

Don

Ginger

Alissa

Ed

Christina

Gary

The Findlay-Hancock County Community Foundation 101 W. Sandusky St., Ste. 207 | Findlay, OH 45840 (419) 425-1100 community-foundation.com
Lucas – Chair
Livingston – Vice Chair
Dowling – Treasurer
Shroll – Secretary
Conlisk
Cosiano
Essex
Jones
Preston
Reading
Rodriguez
Wilson

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