2025-06-10T11:44:16-07:00 2024-12-31 990 2024-01-01 352036110 DEARBORN COMMUNITY FOUNDATION INC DEAR 8125394115 322 Walnut Street Lawrenceburg IN 47025 Fred McCarter Executive Director 8125394115 2025-06-10 1 2024 2025-03-06 01:10:19Z Lisa Moorhead Board President 322 Walnut Street Lawrenceburg IN 47025 7546271 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 3 50 0 0 2127331 3732234 0 0 916861 1982639 55722 63370 3099914 5778243 1192754 1446432 0 0 264665 292104 0 0 114610 182184 195189 1639603 1933725 1460311 3844518 29333321 33385847 9998072 10523855 19335249 22861992 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 1739942 1446432 0 The Dearborn Community Foundation awarded 360 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 1739942 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 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 15 15 1 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 X 112999 0 11139 Mike McLaughlin Chairperson 3 0 X X 0 0 0 Jon Strautman President 3 0 X X 0 0 0 Lisa Moorhead Vice-President 3 0 X X 0 0 0 Dave Lusby Secretary 3 0 X X 0 0 0 Bridget Davidson Treasurer 3 0 X X 0 0 0 Becky Lyons Director 2 0 X 0 0 0 James Stock Director 2 0 X 0 0 0 Jeanne Lehn Director 2 0 X 0 0 0 Michael Hollenbeck Director 2 0 X 0 0 0 Larry Campbell Director 2 0 X 0 0 0 Jan Tyler Director 2 0 X 0 0 0 Linda Gellert Director 2 0 X 0 0 0 Ed Gordon Director 2 0 X 0 0 0 Casey Finnegan Director 2 0 X 0 0 0 Gary Honchell Director 2 0 X 0 0 0 112999 0 11139 1 0 0 0 0 0 0 14385 0 1021727 2696122 9711 3732234 0 1238194 0 0 1238194 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2502584 0 1758139 0 744445 0 744445 0 0 744445 9195 14385 9889 -694 0 -694 0 0 0 0 0 0 0 0 0 0 0 0 Administrative Fee 900099 56685 56685 0 0 Change in Value of Split Interest Agreement 900099 6797 0 0 6797 Miscellaneous 900099 582 582 0 0 0 0 0 0 64064 5778243 57267 0 1988742 1222993 1222993 223439 223439 0 0 0 0 123563 49425 12356 61782 0 0 0 0 134375 90233 29428 14714 0 0 0 0 15131 10736 2874 1521 19035 11421 2855 4759 0 0 0 0 3556 711 1067 1778 11200 0 11200 0 0 0 0 0 0 0 85161 85161 0 0 0 0 0 0 8243 1649 1648 4946 6390 2556 1278 2556 18735 7494 3747 7494 0 0 0 0 16713 6686 5013 5014 0 0 0 0 0 0 0 0 13575 13575 0 0 0 0 0 0 0 0 0 0 4006 1602 1202 1202 4878 1220 2438 1220 Printing 8350 3340 1670 3340 Donor Development 2187 0 0 2187 Scholarship Promotion/Admin 6203 6203 0 0 5992 1498 2397 2097 1933725 1739942 79173 114610 6955 47580 4687987 6559859 0 0 0 0 0 0 0 0 0 0 0 0 0 0 153129 146877 5658 6252 24034496 26213173 0 0 0 0 0 0 598225 558983 29333321 33385847 13225 14545 0 0 60000 6500 0 0 9888766 10475163 0 0 0 0 0 0 36081 27647 9998072 10523855 X 2506553 2975815 16828696 19886177 19335249 22861992 29333321 33385847 X 3844518 373622 0 0 0 -691397 X 0 1 X 1 0 X 1231660 1407990 1476105 2127331 3732234 9975320 0 0 0 0 0 0 0 0 0 0 0 0 1231660 1407990 1476105 2127331 3732234 9975320 1369492 8605828 468522 914412 715783 864825 1238194 4201736 0 0 0 0 0 0 59797 53545 103216 55722 63370 335650 14512706 0 0.59299 0.65228 X Schedule A, Part II, Line 1 Unusual Grants and Contributions not included in Line 1 - 2020 1) $109,000 2) $100,000 2021 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 23 0 120805 0 134114 0 4712062 0 1 1 0 1 X 17222682 2731793 1404508 368485 0 299652 20690846 14591186 961738 2158281 231617 0 256906 17222682 16740256 319605 -1997006 206622 0 265047 14591186 13690026 1059808 2439663 193411 0 255830 16740256 12786875 169434 1105965 164335 0 207913 13690026 0.065 0.935 0 0 0 0 0 0 0 0 0 0 0 112502 107900 4602 0 40627 38977 1650 0 0 0 0 6252 0 Operating Lease Liability 27647 27647 X 4608217 373622 0 0 437714 811336 3796881 85161 1896201 1981362 5778243 1081474 0 0 0 299652 299652 781822 85161 1066742 1151903 1933725 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, 2024 and 2023, 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 Endowment Administrative Fees that are interfund transactions. 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 $1,896,201. 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 IX Line 25 - (Total Functional Expenses) but not on Line 1 of Schedule D Part XII 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 $1,066,742 Annual Golf Scramble 23580 14385 9195 0 1709 5000 2574 0 606 0 0 23580 14385 9195 0 1709 5000 2574 0 606 9889 -694 1 American Legion Post 239 201 Second St Lawrenceburg IN 47025 351117393 19 8571 improvements to the structure that houses Peggy including glass, window tinting to block UV rays, and an HVC system. Aurora Lions Club 110 Second Street P O Box 11 Aurora IN 47001 356063310 4 30000 2024 Aurora's Farmer Fair fair management funds Bright Volunteer Fire Co Inc 23759 Brightwood Dr Lawrenceburg IN 47025 356045472 3 32522 Turnout Gear and Endowment Distribution Cancer Support Community 4918 Cooper Road Cincinnati OH 45242 311287785 3 20000 To help fund Integrated Oncology services for patients of St Elizabeth Healthcare's new Dearborn Cancer Center. City of Aurora 235 Main Street P O Box 158 Aurora IN 47001 356000945 3 100405 Police radios and Endowment Distribution City of Greendale - Fire Department 911 Ridge Avenue Lawrenceburg IN 47025 356001047 3 50000 Fire PPE Dearborn County 4-H Club Association 229 Main Street Aurora IN 47001 351587238 3 10400 Copier, 4-H Program Costs, and Endowment Distribution Dearborn County Clearing House for Emergency Aid Inc P O Box 478 Aurora IN 47001 311158133 3 14636 Equipment, needs of the food pantry, and endowment distribution Dearborn County Girls Softball Inc P O Box 4165 Lawrenceburg IN 47025 264155640 3 8000 Softball program equipment Dearborn County Government 165 Mary St Lawrenceburg IN 47025 356000137 3 159072 EMS Study, Park Walking Path, and Endowment Distribution Dearborn County Parks Foundation Inc 229 Main Street Aurora IN 47001 366000137 3 5680 2024 Endowment Distribution Dearborn County Purdue Extension Service 229 Main Street Aurora IN 47001 356002041 3 5942 Copier Dillsboro Community Food Pantry 12806 North Street P O Box 367 Dillsboro IN 47018 263755654 3 5250 Food pantry needs Dillsboro Summer Recreation Inc P O Box 188 Dillsboro IN 47018 351824897 3 8000 Youth Baseball Program Heart House Inc 6815 US 50 Aurora IN 47001 352036398 3 6000 Needs of the organization Hillforest Historical Foundation 213 Fifth Street P O Box 127 Aurora IN 47001 351078976 3 16929 Needs of the organization and Endowment Distribution Laughery Valley Fraternal Order of Police Lodge 146 P O Box 3763 Lawrenceburg IN 47025 237585573 8 8608 2024 Cops & Kids Program Lawrenceburg Babe Ruth Baseball 3018 Montclair Avenue Cincinnati OH 45211 352130130 3 8000 2024 Youth Baseball Equipment Lawrenceburg Community School Corporation 200 Tiger Blvd Lawrenceburg IN 47025 351147459 3 150510 Educational Needs Lawrenceburg Lions Club 555 Tanner Avenue Lawrenceburg IN 47025 356063756 4 8000 Youth Baseball Program Lawrenceburg Main Street Inc 320 Walnut Street Lawrenceburg IN 47025 200456048 3 21948 Golf cart purchase and 2024 Winter Wonderland Lawrenceburg Pee Wee Football 423 Walnut Street Lawrenceburg IN 47025 352077577 3 8000 Youth Football Equipment LifeTime Resources Inc 13091 Benedict Dr Dillsboro IN 47018 352076514 3 36409 Senior Housing, Catch-A-Ride Program, Endowment Distribution Moores Hill Food Pantry Inc P OBox 215 Moores Hill IN 47032 300655678 3 5250 Needs of the food pantry New Horizons Rehabilitation Inc P O Box 98 Batesville IN 47006 351169221 3 11690 Endowment Distribution North Dearborn Pantry Incorporated 2517 North Dearborn Rd West Harrison IN 47060 364598281 3 40214 Needs of the food pantry, cargo van, endowment distribution Pregnancy Care Center P O Box 4196 62 Doughty Rd Suite 5 Lawrenceburg IN 470254196 351810708 3 8675 Baby care items, needs of the organization, Endowment Distribution Ross Foundation Inc P O Box 457 Dillsboro IN 47018 351796129 3 29740 Endowment Distribution Safe Passage Inc PO Box 235 Batesville IN 47006 352056072 3 15000 Program needs of the Organization South Dearborn Dollars For Scholars P O Box 396 Aurora IN 47001 042296967 3 22986 Endowment Distribution St Elizabeth Foundation 1 Medical Village Drive Edgewood KY 41017 610445850 3 43060 Needs of the Dearborn Cancer Center and Endowment Distribution St John Ev Lutheran Church and School 222 Mechanic Street Aurora IN 47001 351049620 3 9392 Purchase of Handbells set and Endowment Distribution St Lawrence School 524 Walnut Street Lawrenceburg IN 47025 350868041 3 75532 Public address and phone system, technology needs, Endowment Distribution St Vincent de Paul P O Box 22 Aurora IN 47001 310537510 3 6250 Needs of the food pantry Sunman Rural Fire Department Inc PO Box 396 621 N Meridian St Sunman IN 47041 351274555 4 38281 Turnout gear, needs of the organization, Endowment Distribution The Community Project Inc 210 W High Street Lawrenceburg IN 47025 850629494 3 11750 Cargo van and needs of the organization Town of Dillsboro 13030 Executive Drive P O Box 127 Dillsboro IN 47018 356004970 3 16175 ADA Compliant Sidewalk Improvement and Endowment Distribution Youth Encouragement Services Inc 11636 County Farm Rd Aurora IN 47001 310991515 3 75214 Renovation Project, Needs of the organization, endowment distribution 33 5 Scholarships 142 216930 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 A, Line 2 Board member Dave Lusby and Board member Becky Lyons are cousins. 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 themselves 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.