2025-10-10T11:17:36-05:00 2024-12-31 562353893 AGRESTA STORMS & O'LEARY PC 5140 COMMERCE CIRCLE INDIANAPOLIS IN 46237 990 2024-01-01 351956929 COMMUNITY FOUNDATION OF MORGAN COUNTY COMM 7658130003 PO BOX 1413 MARTINSVILLE IN 46151 CHRISTINE ARNOLD FINANCE MANAGER 7658130003 2025-10-10 1 1 MICHELLE A CLOUSE EA P01218056 3177809850 2025-10-07 2024 2025-03-06 01:10:19Z CHRISTINE ARNOLD PO BOX 1413 MARTINSVILLE IN 46151 3657652 0 X WWW.CFMCONLINE.ORG X 1995 IN COMMUNITY SERVICE AND PUBLIC CHARITY INCLUDING GRANTS AND SCHOLARSHIPS. 6 6 7 0 0 0 261327 2156729 248038 282265 575675 907735 0 0 1085040 3346729 257632 479751 0 0 289533 296267 0 0 82877 669468 671843 1216633 1447861 -131593 1898868 11170606 13499689 1325129 1285949 9845477 12213740 THE COMMUNITY FOUNDATION OF MORGAN COUNTY, INC. WORKS WITH OUR CITIZENS TO ENHANCE THE QUALITY OF LIFE FOR CURRENT AND FUTURE GENERATIONS OF MORGAN COUNTY, INDIANA. WE ACCEPT GIFTS, MANAGE FINANCIAL RESOURCES, MAKE GRANTS, AND PROVIDE SCHOLARSHIPS. 0 0 910794 342551 PART OF OUR ROLE IN HELPING CHARITIES AND NON-PROFIT GROUPS IN MORGAN COUNTY IS TO MANAGE NON-PERMANENT FUNDS TO AID THEM IN THEIR WORK. HELPING OTHER CHARITIES HELPS FURTHER THE MISSION OF THE COMMUNITY FOUNDATION OF MORGAN COUNTY. 139950 137200 SINCE OUR FOUNDING, THE COMMUNITY FOUNDATION HAS PROVIDED SCHOLARSHIPS FOR MORGAN COUNTY STUDENTS AS PART OF OUR CORE MISSION. WE WORK HARD TO ENSURE THAT ALL STUDENTS WHO MIGHT QUALIFY LEARN OF THE AVAILABILITY AND ARE AIDED IN APPLYING FOR AVAILABLE SCHOLARSHIPS. N/A 1050744 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X X THE ORGANIZATION 7658130003 PO BOX 1413 MARTINSVILLE IN 46151 X JULIE CARMICHAEL PAST CHAIR 0.50 X X 0 0 0 HOLLY FRYE DIRECTOR 0.50 X X 0 0 0 TANA LOBB TREASURER 0.50 X X 0 0 0 RICH MYERS DIRECTOR 0.50 X X 0 0 0 JASON MAXWELL DIRECTOR 0.50 X X 0 0 0 JULIE FRED CHAIR 0.50 X X 0 0 0 0 0 0 0 0 0 0 0 2156729 6835 2156729 ADMINISTRATIVE FEES 900099 282265 282265 282265 288405 288405 930253 310923 619330 619330 619330 3346729 901595 0 288405 342551 342551 137200 137200 259400 108948 85602 64850 16798 7055 5543 4200 20069 8429 6623 5017 24870 24870 64436 64436 2205 2205 4296 4296 10491 10491 2753 2753 6225 6225 6774 6774 ADMINISTRATIVE FEES 246369 246369 PROGRAM EXPENSE 200192 200192 REPAIRS AND MAINTENANCE 57836 57836 COMPUTER, SOFTWARE, AND 24471 24471 20925 12115 8810 1447861 1050744 314240 82877 1859522 3118036 500 30639 29297 7567 1342 9303517 10379811 11170606 13499689 18959 14080 1306170 1271869 1325129 1285949 X 9845477 12213740 9845477 12213740 11170606 13499689 1898868 469395 0 X X 0 1 X 1 0 X 717500 903363 576340 261327 2149894 4608424 717500 903363 576340 261327 2149894 4608424 4608424 168876 200090 185417 237768 288405 1080556 1152 1152 5690132 0.80990 0.78820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 X 8447109 700593 1244501 513554 9878649 7620906 140983 1202220 517001 8447109 9046779 368681 -1223205 571349 7620906 7657072 653799 1316148 580240 9046779 6843658 420587 785282 228485 163970 7657072 1.00000 0.00000 0.00000 0 0 30639 29297 1342 1342 X 3751688 469395 469395 3282293 64436 64436 3346729 1383425 0 1383425 64436 64436 1447861 PART IV, LINE 2B: CUSTODIAL FUNDS REPRESENT FUNDS PLACED ON DEPOSIT WITH THE FOUNDATION BY OTHER ORGANIZATIONS BASED ON THEIR INDIVIDUAL BOARD RESOLUTIONS. INCOME IS ADDED TO THESE FUNDS PERIODICALLY IN ACCORDANCE WITH THE INVESTMENT ALLOCATION POLICIES. PART X, LINE 2: THE FOUNDATION IS SUBJECT TO AUDIT BY FEDERAL, STATE OR LOCAL AUTHORITIES IN THE AREA OF INCOME TAXES. ALONG WITH A FEDERAL TAX FILING, THE FOUNDATION FILES IN THE STATE OF INDIANA. THE FOUNDATION'S FEDERAL AND STATE INCOME TAX RETURNS FOR 2021 THROUGH 2024 ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. THESE AUDITS COULD INCLUDE QUESTIONING THE FOUNDATION'S TAX-EXEMPT STATUS AND COMPLIANCE WITH FEDERAL, STATE, AND LOCAL TAX LAWS. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT TWELVE MONTHS OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. THEREFORE, THERE IS NO EFFECT RECORDED IN THESE FINANCIAL STATEMENTS FOR ASSETS OR LIABILITIES RESULTING FROM UNRECOGNIZED TAX BENEFITS. THE FOUNDATION'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS, WHICH TOTALED $-0- FOR EACH OF THE YEARS ENDED DECEMBER 31, 2024 AND 2023. PART V, LINE 4 FUNDS ARE TO BE USED AS PER THE RELATED FUND AGREEMENTS. 1 MONROE-GREGG SCHOOL DISTRICT 135 S CHESTNUT STREET MONROVIA IN 46157 351147057 7034 0 DISTRIBUTION GRANT MOORESVILLE CONSOLIDATED SCHOOL CORP 11 W CARLISLE ST MOORESVILLE IN 46158 356006862 10000 0 DISTRIBUTION GRANT MARTINSVILLE YOUTH DEVELOPMENT CENTER 165 MORTON AVE MARTINSVILLE IN 46151 461624483 5835 0 DISTRIBUTION GRANT TOWN OF MORGANTOWN 120 W WASHINGTON STREET MORGANTOWN IN 46160 191223896 6000 0 DISTRIBUTION GRANT EMINENCE COMMUNITY SCHOOLS 6764 NORTH STATE RD 42 EMINENCE IN 46125 356004957 6000 0 DISTRIBUTION GRANT SCHOLARSHIPS FOR STUDENTS ATTENDING BALL STATE UNIVERSITY 4 9900 SCHOLARSHIPS FOR STUDENTS ATTENDING BUTLER UNIVERSITY 1 4000 SCHOLARSHIPS FOR STUDENTS ATTENDING DEPAUW UNIVERSITY 2 5650 SCHOLARSHIPS FOR STUDENTS ATTENDING FRANKIN COLLEGE 2 7500 SCHOLARSHIPS FOR STUDENTS ATTENDING HANOVER COLLEGE 1 3000 SCHOLARSHIPS FOR STUDENTS ATTENDING INDIANA STATE UNIVERSITY 3 11600 SCHOLARSHIPS FOR STUDENTS ATTENDING INDIANA UNIVERSITY 4 4900 SCHOLARSHIPS FOR STUDENTS ATTENDING INDIANA UNIVERSITY BLOOMINGTON 5 9300 SCHOLARSHIPS FOR STUDENTS ATTENDING INDIANA TECH 1 1000 SCHOLARSHIPS FOR STUDENTS ATTENDING MARION UNIVERSITY 1 3000 SCHOLARSHIPS FOR STUDENTS ATTENDING PURDUE UNIVERSITY 6 28400 SCHOLARSHIPS FOR STUDENTS ATTENDING UNIVERSITY OF INDIANAPOLIS 2 9500 SCHOLARSHIPS FOR STUDENTS ATTENDING UNIVERSITY OF SOUTHERN INDIANA 2 10500 SCHOLARSHIPS FOR STUDENTS ATTENDING ANDERSON UNIVERSITY 1 6000 SCHOLARSHIPS FOR STUDENTS ATTENDING BETHEL COLLEGE 1 500 SCHOLARSHIPS FOR STUDENTS ATTENDING INDIANA UNIVERSITY INDIANAPOLIS 1 2000 SCHOLARSHIPS FOR STUDENTS ATTENDING INDIANA WESLEYAN UNIVERSITY 1 3500 SCHOLARSHIPS FOR STUDENTS ATTENDING IU INDIANAPOLIS BURSAR 1 2000 SCHOLARSHIPS FOR STUDENTS ATTENDING PENNWEST UNIVERSITY 1 7500 SCHOLARSHIPS FOR STUDENTS ATTENDING UNIVERSITY OF NORTHWESTER OHIO 1 1600 SCHOLARSHIPS FOR STUDENTS ATTENDING VALPARAISO UNIVERSITY 1 4850 SCHOLARSHIPS FOR STUDENTS ATTENDING XAVIER UNIVERSITY 1 1000 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS APPLICATIONS FOR GRANTS REQUIRE WRITTEN DOCUMENTATION ACCORDING TO OUR WRITTEN PROCEDURES PLUS FINANCIAL DATA AND PROOF OF TAX EXEMPT STATUS. AT THE COMPLETION, FINAL REPORTS ARE REQUIRED WITH BOTH A NARRATIVE REPORT AND A FINANCIAL REPORT WITH RECEIPTS AND DOCUMENTATION REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE/AUDIT COMMITTEE REVIEWS THE DRAFT AND THE FINAL FORM IS REVIEWED BY THE FULL BOARD OF DIRECTORS BEFORE THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C FORMS ARE DISTRIBUTED AND LOGGED AS RETURNED. OMMISSIONS ARE PURSUED SO COMPLIANCE IS 100%. ISSUES RAISED BY ANY INDIVIDUAL'S ANSWERS ARE RESOLVED IMMEDIATELY AND MONITORED THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMMITTEE REVIEWS SALARY HISTORY, DATA AND COMPARABLE POSITIONS WITHIN THE AREA AND STATE-WIDE ORGANIZATIONS. INFORMATION IS REVIEWED TWICE DURING THE YEAR AND RATIFIED BY THE BOARD. DOCUMENTATION IS CONTAINED IN PRESIDENT'S NOTES OF EXECUTIVE SESSIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE CONTAINED IN THE PUBLIC INSPECTION FILE IN THE OFFICE AND ONLINE AT THE FOUNDATION'S PUBLIC WEB SITE. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR.