2025-05-05T12:47:27-04:00 2024-12-31 272509623 Phillips Salmi & Associates LLC 108 N Main St Washington IL 61571 990 2024-01-01 371159944 GALESBURG COMMUNITY FOUNDATION % JOSHUA GIBB GALE 3093448898 246 E MAIN STREET GALESBURG IL 61401 JOSHUA GIBB CHIEF EXECUTIVE OFFICER 3093448898 2025-05-05 true true LORI SALMI P00712052 3094444909 2025-05-05 2024 2025-03-06 01:10:19Z 6939729 false X HTTPS://YOURGCF.ORG/ X 1984 IL THE GALESBURG COMMUNITY FOUNDATION WORKS TO IMPROVE THE QUALITY AND HEALTH OF OUR COMMUNITIES. WE BELIEVE THAT CONNECTING PEOPLE TO THE CAUSES THEY CARE ABOUT IS A KEY INGREDIENT TO EFFECTIVE PHILANTHROPY. 11 11 10 24 0 0 11334912 3605425 136025 174518 1788404 1688870 338440 303857 13597781 5772670 2619057 3621765 0 733529 759891 0 220735 704017 815943 4056603 5197599 9541178 575071 48105009 50345572 4916107 5422010 43188902 44923562 THE GALESBURG COMMUNITY FOUNDATION WORKS TO IMPROVE THE QUALITY AND HEALTH OF OUR COMMUNITIES. WE BELIEVE THAT CONNECTING PEOPLE TO THE CAUSES THEY CARE ABOUT IS A KEY INGREDIENT TO EFFECTIVE PHILANTHROPY. false false 4180543 3621765 174518 PROVIDE COMPETITIVE GRANT MAKING TO NONPROFITS WHOSE PROGRAMS ENGAGE AND BETTER THE COMMUNITY THEY SERVE. 4180543 true true false false true false false false true true false false true true true false true false false false false false false false false false true true true false false false false false false false false true false false false false true true false false false true 16 0 true 10 true false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false IL X SHAWN HEDDEN 3093448898 246 E MAIN STREET GALESBURG IL 61401 JOSHUA GIBB CHIEF EXECUTIVE OFFICER 40.00 0.00 X 177970 0 26345 SHAWN HEDDEN DIRECTOR OF FINANCE & OPERATIONS 40.00 0.00 X 105008 0 14680 DR SUBBIA JAGANNATHAN BOARD MEMBER 1.00 0.00 X 0 0 0 CYNTHIA STOERZBACH BOARD MEMEBER 1.00 0.00 X 0 0 0 DUSTIN COURSON BOARD MEMBER 1.00 0.00 X 0 0 0 JAMIE YEMM BOARD MEMBER 1.00 0.00 X 0 0 0 CHAD LONG BOARD MEMBER 1.00 0.00 X 0 0 0 DR ADAM WELTY BOARD MEMBER 1.00 0.00 X 0 0 0 CAROL SHAW SECRETARY 1.00 0.00 X X 0 0 0 DR JOHN MCCLEAN PAST CHAIRMAN 1.00 0.00 X X 0 0 0 DAVID ERICKSON CHAIRMAN 1.00 0.00 X X 0 0 0 LISA GAVIN TREASURER 1.00 0.00 X X 0 0 0 DR BRIAN PLATTNER VICE CHAIRMAN 1.00 0.00 X X 0 0 0 282978 0 41025 2 false true false 50000 3555425 659711 3605425 174518 174518 174518 935906 935906 201700 43522 158178 158178 158178 1798709 65000 1028745 82000 769964 -17000 752964 752964 0 157738 12792 144946 144946 733 733 733 5772670 2167245 0 0 3602965 3602965 18800 18800 314764 181678 107132 25954 318382 140684 90970 86728 81844 14640 41271 25933 44901 44901 47856 43070 4786 166195 166195 143174 143174 55639 5565 16691 33383 13038 2608 6519 3911 33592 23514 6719 3359 4315 3021 862 432 16892 8512 5307 3073 50285 19386 28629 2270 33927 33927 TRAINING PROGRAM 65561 65561 EQUIPMENT 88811 75489 13322 DUES & PUBLICATIONS 41437 30446 10991 FUNDRAISING 6593 6593 48628 18262 30366 5197599 4180543 796321 220735 512911 1300553 982606 1139546 9716554 1046072 225544 11865 9228142 868811 1151615 8359331 26610309 29438037 8905470 9050168 48105009 50345572 70025 62460 625805 829140 4220277 4530410 4916107 5422010 X 11177347 11642941 32011555 33280621 43188902 44923562 48105009 50345572 575071 1159589 0 X false true X true false X 4389994 3999624 3474212 3290937 3605429 18760196 4389994 3999624 3474212 3290937 3605429 18760196 4449011 14311185 590276 915850 808257 962746 1137606 4414735 90724 115613 124632 146534 158471 635974 23810905 664106 0.60100 0.57950 X Other income Part II line 10 or Part III line 12 OTHER INCOMEMISCELLANEOUS $93GROSS SALES OF INVENTORY $157,738 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33 37 253252 770192 251977 1483411 811291 1638636 true true 38365541 1876586 2471994 2199908 40514213 29881782 9866893 3394697 4777831 38365541 33645504 3166806 -4042040 2888488 29881782 29460218 3114071 3458330 2387115 33645504 24715742 2822318 2774523 852365 29460218 0.24000 0.22000 0.54000 true false 8226210 10000 8236210 411156 387685 23471 305323 256130 49193 154799 152645 2154 120654 72351 48303 8359331 PERPETUAL TRUSTS 7202000 LEASE RECEIVABLE 1848168 9050168 AGENCY LIABILITIES 4479149 LEASE PAYABLE 51261 4530410 X Part V, Line 4-Intended uses of endowment funds THE FOUNDATIONS ENDOWMENTS CONSIST OF INDIVIDUAL FUNDS ESTABLISHED TO HELP FULFILL THE MISSION OF THE FOUNDATION. Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR SECTIONS OF THE ILLINOIS COMPILED STATUTES. ADDITIONALLY, DURING THE YEAR ENDED DECEMBER 31, 2006, THE FOUNDATION AND CHF WERE GRANTED CHARITABLE COMMUNITY FOUNDATION STATUS UNDER SECTIONS 509(A)(1) AND 509(A)(3), RESPECTIVELY. EACH ENTITY IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. WE HAVE DETERMINED THAT EACH ENTITY IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 FILED BY THE ORGANIZATION ARE NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS 2020 AND PRIOR. true SEE ATTACHMENT OF GRANTS OVER 5000 GALESBURG IL 61401 1987576 TO FINANCIALLY ASSIST ORGS IN COMMUNITY JONES HINCKLEY MONTHLY DISBURSEMENT 8 18800 X true true X false false false false false false JOSHUA GIBB CHIEF EXECUTIVE OFFICER 177970 26345 204315 X 7 651911 FMV X GRAIN 2 7800 FMV false true false Form 990 governing body review Part VI line 11 THE BOARD OF DIRECTORS OF GALESBURG COMMUNITY FOUNDATION WILL PERFORM AN OVERALL REVIEW OF THE 990 PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c EACH BOARD OF DIRECTOR, COMMITTEE AND STAFF MEMBER WILL SUBMIT A WRITTEN STATEMENT RELATED TO CONFLICTS OF INTEREST ON A YEARLY BASIS. THE CHAIRMAN OF THE BOARD SHALL BECOME FAMILAR WITH THE STATEMENTS OF ALL BOARD MEMBERS IN ORDER TO GUIDE HIS/HER CONDUCT SHOULD A CONFLICT ARISE. CEO executive director top management comp Part VI line 15a ANNUALLY THE BOARD OF DIRECTORS OF GALESBURG COMMUNITY FOUNDATION COMPLETES AN EVALUATION FOR THE CEO, COMPENSATION IS THEN COMPARED TO OTHER ILLINOIS COMMUNITY FOUNDATIONS AND THE BOARD THEN DISCUSSES THE PERFORMANCE AND COMPENSATION PACKAGE AND DETERMINES THE CEOS COMPENSATION. Governing documents etc available to public Part VI line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST. COTTAGE HEALTH FOUNDATION 246 E MAIN STREET GALESBURG IL 61401 370661205 SUPPORT GALESBURG COMMUNITY FOUNDATION IL 501C3 12A N/A true true true COTTAGE HEALTH FOUNDATION N COTTAGE HEALTH FOUNDATION O COTTAGE HEALTH FOUNDATION C 50000 FMV