2023-06-29T12:29:21-07:00 2022-12-31 990 2022-01-01 352036110 DEARBORN COMMUNITY FOUNDATION INC DEAR 8125394115 322 Walnut Street Lawrenceburg IN 47025 Fred McCarter Executive Director 8125394115 2023-06-28 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Mike McLaughlin President 322 Walnut Street Lawrenceburg IN 47025 3391194 0 X www.dearborncf.org X 1997 IN The Dearborn Community Foundation, Inc. is a catalyst to connect people who care with causes that improve the quality of life in our community by advancing cultural, educational and social opportunities, while preserving our community's heritage and helping donors to create a permanent legacy in Dearborn County. 15 15 4 50 0 0 2568408 1476105 0 0 1367898 1057963 53545 103216 3989851 2637284 1303615 1446079 0 0 218919 236534 0 0 119494 173937 167941 1696471 1850554 2293380 786730 28709986 25543905 10124612 9000219 18585374 16543686 The Dearborn Community Foundation, Inc. is a catalyst to connect people who care with causes that improve the quality of life in our community by advancing cultural, educational and social opportunities, while preserving our community's heritage and helping donors to create a permanent legacy in Dearborn County. 0 0 1652231 1446079 0 The Dearborn Community Foundation awarded 315 grants and scholarships. Grants were awarded to non-profit organizations for the purpose of enhancing the Dearborn County Community and scholarships were awarded to local students for the purpose of furthering their education. 0 0 0 1652231 1 1 0 0 0 1 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X Dearborn Community Foundation 8125394115 322 Walnut Street Lawrenceburg IN 47025 Fred McCarter Executive Director 40 0 X 104194 0 10058 James Stock Secretary 3.00 X X 0 0 0 Elise Smith Chairperson 3 X X 0 0 0 Ed Gordon President 3 X X 0 0 0 Lisa Moorhead Director 2 X 0 0 0 Mark Neff Treasurer 3 X X 0 0 0 Michael Hollenbeck Director 2 X 0 0 0 Becky Lyons Director 2 X 0 0 0 Michael McLaughlin Vice-President 3 X X 0 0 0 Jeanne Lehn Director 2 X 0 0 0 Jon Strautman Director 2 X 0 0 0 Fayla Nanz Director 2 X 0 0 0 Ramzi Nuseibeh Director 2 X 0 0 0 Larry Campbell Director 2 X 0 0 0 Bridget Davidson Director 2 X 0 0 0 Jan Tyler Director 2 X 0 0 0 104194 0 10058 0 0 0 0 0 0 0 14765 0 1044479 416861 5805 1476105 0 715783 0 0 715783 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1086644 0 744464 0 342180 0 342180 0 0 342180 6550 14765 9446 -2896 0 -2896 0 0 0 0 0 0 0 0 0 0 0 0 Administrative Fee 900099 57013 57013 0 0 Change in value of Split-interest agreements 900099 49099 0 0 49099 0 0 0 0 106112 2637284 57013 0 1104166 1223863 1223863 222216 222216 0 0 113052 45220 11306 56526 0 0 0 0 95401 42101 29602 23698 0 0 0 0 12670 5573 3594 3503 15411 6470 3087 5854 0 0 0 0 2610 522 783 1305 10950 0 10950 0 0 0 0 0 0 0 76855 76855 0 0 0 0 0 0 9520 1904 1904 5712 5951 2380 1191 2380 15551 6220 3111 6220 0 0 0 0 16201 6481 4860 4860 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3846 1538 1154 1154 4623 1156 2311 1156 Printing 7883 3153 1577 3153 Donor Development Marketing 1022 0 0 1022 12929 6579 3399 2951 1850554 1652231 78829 119494 3523 4984 3817738 4088504 0 0 0 0 0 0 0 0 0 0 0 0 0 0 165447 154291 8403 11156 24245785 20803141 0 0 0 0 0 0 634537 636120 28709986 25543905 10385 10876 0 0 0 0 0 0 10110113 8949595 0 0 4114 39748 10124612 9000219 X 2083782 2159634 16501592 14384052 18585374 16543686 28709986 25543905 X 786730 -3883937 0 0 0 1055519 X 0 1 X 1 0 X 2015304 2150499 1231660 1407990 1476105 8281558 0 0 0 0 0 0 0 0 0 0 0 0 2015304 2150499 1231660 1407990 1476105 8281558 8281558 701648 674173 468522 914412 715783 3474538 0 0 0 0 0 0 73088 89610 59797 53545 103216 379256 12135352 0 0.68243 0.70923 X Schedule A, Part II, Line 1 Unusual Grants and Contributions not included in Line 1 - 2018 - 1) $100,000 2) $88,243 2019 - 1)$100,000 2) $455,066 3) $290,763 2020 1) $109,000 2) $100,000 2022 1) $421,057 2) $74,824 3) $30,000 4) $634,537 Schedule A, Part II, Line 10 Other Income - This line includes primarily administrative fees received, fundraiser net, and Change in Value of Split Interest Agreements. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22 0 187003 0 88296 0 4000863 0 1 1 0 1 X 16740256 319605 -1997006 206622 0 265047 14591186 13690026 1059808 2439663 193411 0 255830 16740256 12786875 169434 1105965 164335 0 207913 13690026 10301590 804440 2042454 171194 0 190415 12786875 11211263 427740 -959264 177705 0 200444 10301590 0.055 0.945 0 0 0 0 0 0 0 0 0 0 107902 0 105883 2019 41052 0 31915 9137 16493 0 16493 0 11156 0 Charitable Gift Annuity Payable 4114 Operating Lease Liability 35634 39748 X -1244251 -3883937 0 0 397880 -3486057 2241806 76855 318623 395478 2637284 797437 0 0 0 397880 397880 399557 76855 1374142 1450997 1850554 Schedule D, Part IV, Line 2b The organization's amount on Form 990 Part X Line 21 consists of two components. The first is the liability for funds held as agency endowments which represent funds placed on deposit with the Organization by other organizations based on their individual board resolutions. The second component is custodial funds that represent non-permanent grant programs. The Organization accounts for these transfers as a liability in accordance with applicable accounting standards. Schedule D, Part V, Line 4 The Organization's endowment funds are used to support charitable organizations that promote improvement in the quality of life in Dearborn County. Schedule D, Part X, Line 2 FIN 48 (ASC 740) The Organization is organized as a not-for-profit corporation under Section 501(c)(3) of the United States Internal Revenue Code. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Organization and recognize a tax liability if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the Organization, and has concluded that as of December 31, 2022 and 2021, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. As such, the Organization is generally exempt from income taxes. However, the Organization is required to file Federal Form 990 - Return of Organization Exempt from Income Tax which is an informational return only. Schedule D, Part XI, Line 2d Other amounts included on Line 1 but not on Form 990, Part IX Statement of Functional Expenses - Endowment administrative fee which are all interfund. Schedule D, Part XI, Line 4b Other amounts included in Form 990 Part VIII Line 12 but not on Line 1 of Schedule D Part XI - 1) FASB Accounting Standards Codification (ASC) Not for Profits 958-605-55 Agency and Custodial Transactions that are reflected as adjustments to the liability and are not reflected in the Statement of Activities in the audited financial statements in accordance with accounting standards $328,069 and 2) Direct Fundraising expenses from Form 990 Part VIII Line 8 that are subtracted from revenues on Form 990 but are recorded as an expense and not netted against revenues in the audited financial statements $9,446. Schedule D, Part XII, Line 2d Other amounts included on Line 1 but not on Form 990, Part IX Statement of Functional Expenses - Endowment administrative fee which are all interfund. Schedule D, Part XII, Line 4b Other amounts included in Form 990 Part VIII Line 12 but not on Line 1 of Schedule D Part XI - 1) FASB Accounting Standards Codification (ASC) Not for Profits 958-605-55 Agency and Custodial Transactions that are reflected as adjustments to the liability and are not reflected in the Statement of Activities in the audited financial statements in accordance with accounting standards $1,364,696 and 2) Direct Fundraising expenses from line Form 990 Part VIII Line 8 subtracted from revues in Form 990 that are recorded as an expense and not netted against revenues in the audited financial statements $9446. Annual Golf Scramble 21315 14765 6550 0 1815 0 2130 0 5501 0 0 21315 14765 6550 0 1815 0 2130 0 5501 9446 -2896 1 Archaeological Research Institute 424 Walnut Street Lawrenceburg IN 470258444 842053906 3 46000 Vehicle purchases and needs of org Aurora Lions Club 110 Second Street Aurora IN 47001 356063310 4 30000 113th Annual Farmer's Fair Children's Advocacy Center of Southeastern Indiana Inc 12211 Rullman Drive Dillsboro IN 47018 412275163 3 5900 Needs of the Organization City of Aurora 233 Main Street Aurora IN 47001 356000945 3 98266 Police Body Cams and Endowment Distribution City of Greendale - Police Department 480 Ludlow Street Greendale IN 47025 356001047 3 35200 Police Body Cams and Computer Community Mental Health Center Inc 285 Bielby Road Lawrenceburg IN 47025 351129339 3 103753 Care Hub Building and Endowment Distribution Dearborn Adult Center Inc 311 West Tate Street Lawrenceburg IN 47025 351861737 3 7540 Needs of the Organization and Endowment Distribution Dearborn County Clearing House for Emergency Aid Inc PO Box 478 Aurora IN 47001 311158133 3 10860 Needs of the Organization, Awning and Endowment Distribution Dearborn County Girls Softball Inc PO Box 4165 Lawrenceburg IN 47025 264155640 3 8000 Uniforms and softball equipment Dearborn County Govt 165 Mary Street Lawrenceburg IN 47025 356000137 3 67412 Endowment Distribution Dearborn County Parks Foundation 229 Main Street Aurora IN 47025 366000137 3 5500 Endowment Distribution Dillsboro Summer Recreation Inc PO Box 188 Dillsboro IN 47018 351824897 3 8000 Uniforms and baseball/softball equipment Greendale Emergency Rescue 911 Ridge Avenue Lawrenceburg IN 470251322 351767470 3 75000 Ambulance purchase Hillforest Historical Foundation 213 Fifth Street Aurora IN 47001 351078976 3 35976 Building restoration and endowment distribution Hogan Township Volunteer Fire Company 1 Inc 12900 Water St Aurora IN 47001 310942567 4 75000 SCBAs and PPE Laughery Valley Fraternal Order of Police Lodge 146 PO Box 3763 Lawrenceburg IN 47025 237585573 8 9000 FOP Cops and Kids Program Lawrenceburg Babe Ruth Baseball PO Box 3781 Lawrenceburg IN 47025 352130130 3 8000 Uniforms and Equipment Lawrenceburg Community Schools 300 Tiger Blvd Lawrenceburg IN 47025 351147459 3 149666 Educational Needs Lawrenceburg Greendale Soccer Club 1161 Carroll Ave Greendale IN 47025 352131447 3 7519 Soccer equipment Lawrenceburg Lions Club 555 Tanner Avenue Lawrenceburg IN 47025 356063756 4 8000 Baseball uniforms and equipment Lawrenceburg Pee Wee Football 423 Walnut Street Lawrenceburg IN 47025 352077577 3 8000 Football equipmment LifeTime Resources Inc 13091 Benedict Dr Dillsboro IN 47018 352076514 3 6331 Catch A Ride Program and Endowment Distribution New Horizons Rehabilation Center PO Box 98 Batesville IN 47006 351169221 3 6377 Endowment Distribution North Dearborn Pantry Inc 2517 North Dearborn Rd West Harrison IN 47060 364598281 3 7271 Needs of the Organization and Endowment Distribution Pregnancy Care Center PO Box 4196 Lawrenceburg IN 470254196 351810708 3 9108 Needs of the organization, baby supplies and Endowment Distribution Ross Foundation 11869 Old US 50 Dillsboro IN 47018 351796129 3 29001 Endowment Distribution South Dearborn Dollars for Scholars PO Box 396 Aurora IN 47001 042296967 3 17893 Endowment Distribution Southeastern Indiana Economic Opportunity Corporation PO Box 240 Aurora IN 47001 351118476 3 6000 Covering Kids and Families Program and Needs of the Organization Southeastern Indiana Honor Guard 119 Bridgeway Street Aurora IN 47001 882372618 3 20000 Vehicle purchase St Lawrence School 524 Walnut Street Lawrenceburg IN 47025 350868041 3 12846 Technology needs Sunman Rural Fire Department PO Box 396 Sunman IN 47041 351274555 4 17726 Thermal imaging cameras, fire hoses and Endowment Distribution Trojan Young Life 24480 Jeb Ln Lawrenceburg IN 47025 840385934 3 7795 Laptop and digital equipment Trojans Youth Football Inc PO Box 40 Guilford IN 47022 351993885 3 8000 Football helmets Youth Encouragement Services Inc 11636 County Farm Rd Aurora IN 47001 310991515 3 8665 Needs of the Organization, Christmas Project and Endowment Distribution 29 5 Scholarships 138 222216 0 Schedule I, Part I, Line 2 Dearborn Community Foundation requires recipients to provide a final grant report within 6 months of the grant award date. The final grant report includes all necessary documentation to ascertain the proper use of grant funds in accordance with the grant agreement. The grant agreement is signed by an authorized representative of the organization as well as an authorized representative of the Dearborn Community Foundation before funds are released to the grantee organization. The grant agreement specifically and clearly expresses the purpose of the grant. All unused grant funds must be returned to the Foundation by the grantee. Form 990, Part VI, Section B, Line 11b The Foundation's Executive Director, Treasurer and Accountant review the 990 and then they review and explain the 990 with the entire Board of Directors prior to filing the return. Form 990, Part VI, Section B, Line 12c Each year the policy is distributed to each employee, Board and committee member. Everyone must then review the policy and disclose any conflicts of interest. If there are none then they must state that. Everyone also signs the form and submits the signed form back to the Foundation where is reviewed by staff and kept on file. At meetings, everyone is reminded to abstain from voting when there is a conflict of interest. If the conflict is interest is due to a family member, for example with a scholarship, the Board member leaves during the voting process. Additionally, grant committee members excuse their self from the meeting when there is a grant in which a conflict of interest exists. DCF legal counsel provides a verbal explanation of conflict of interest and the parties that must be disclosed on the form at a Board meeting early in the year. Form 990, Part VI, Section B, Line 15 Line 15 a - The Executive Director determines the compensation for all employees except for himself. Employees are reviewed annually and at that time compensation is also discussed. The. Executive Director's compensation is first determined by the Executive Committee subject to review and approval by the entire DCF Board at a subsequent meeting. The Executive Committee reviews the Executive Director's performance annually. Compensation is determined based on performance in relation to goals that were set in the prior year evaluation by the Executive Committee, experience of the Executive Director, and compensation data for similar organizations and and those with a comparable scope of responsibility at a regional, state and national level. Once compensation is determined by the Executive Committee, it is brought before the entire Board of Directors and voted on in a executive session of the Board. The review and decision are recorded in executive session minutes of both the Executive Committee and Board of Director's Board meetings. Form 990, Part VI, Section C, Line 19 The Organization makes its governing documents, conflict of interest policy and audited financial statements available to the public upon request. Form 990, Part XI, Line 9 Other changes in net assets consist of ASC 958 adjustments for agency endowments and custodial liabilities. Agency and Custodial activity is recorded in revenues (line 1 of Part XI), expenses (line 2 Part XI) and unrealized gains (losses) (Line 5 of Part XI) on Form 990 but in the financial statements are reflected as adjustments to the liability accounts and are not reflected as revenue and expenses in the Statement of activities in accordance with accounting standards. However, there was an interfund custodial grant that was included in the change in the liability account but the corresponding interfund revenue was not included in the 990 since it was not new revenue and overall, for the organization has zero impact on net assets as it was more of a movement of assets within the organization.