2025-10-31T08:46:44-05:00 2024-12-31 351476702 BRADY WARE & SCHOENFELD INC 2206 CHESTER BLVD RICHMOND IN 47374 990 2024-01-01 351835950 RUSH COUNTY COMMUNITY FOUNDATION INC RUSH 7659381177 117 N MAIN ST RUSHVILLE IN 46173 CHRIS MAY EXECUTIVE DIRECTOR 7659381177 2025-10-22 1 1 DUSTIN VINCENT CPA P02410436 7659660531 2025-10-22 2024 2025-03-06 01:10:19Z CHRIS MAY 117 N MAIN ST RUSHVILLE IN 46173 7497599 0 X WWW.RUSHCOUNTYFOUNDATION.ORG X 1991 IN THE RUSH COUNTY COMMUNITY FOUNDATION, THE FOUNDATION OF RUSH COUNTY'S FUTURE, IS A NONPROFIT PUBLIC CHARITY ESTABLISHED IN 1991 TO SERVE DONORS, AWARD GRANTS AND SCHOLARSHIPS, AND PROVIDE LEADERSHIP TO CULTIVATE RESOURCES TO ENHANCE LIFE IN RUSH COUNTY, INDIANA. 11 11 4 64 0 0 8805014 6117719 0 0 883912 1356132 0 0 9688926 7473851 3750940 7443083 0 0 258839 277158 0 0 81849 241800 271944 4251579 7992185 5437347 -518334 29893440 29920184 2769070 1873128 27124370 28047056 THE RUSH COUNTY COMMUNITY FOUNDATION, THE FOUNDATION OF RUSH COUNTY'S FUTURE, IS A NONPROFIT PUBLIC CHARITY ESTABLISHED IN 1991 TO SERVE DONORS, AWARD GRANTS AND SCHOLARSHIPS, AND PROVIDE LEADERSHIP TO CULTIVATE RESOURCES TO ENHANCE LIFE IN RUSH COUNTY, INDIANA. 0 0 7669464 7443083 COMMUNITY GRANTS FOR LOCAL SCHOOLS AND ORGANIZATIONS AND COLLEGE SCHOLARSHIPS FOR INDIVIDUALS. 115 SCHOLARSHIPS AND 210 GRANTS WERE DISTRIBUTED. 7669464 1 1 0 0 0 1 0 0 0 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 1 0 0 0 1 4 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X X CHRIS MAY 7659381177 117 N MAIN ST RUSHVILLE IN 46173 BEN WICKER BOARD MEMBER 1.00 X 0 0 0 PHILLIP KUHN PRESIDENT 1.00 X X 0 0 0 DAVE MALSON BOARD MEMBER 1.00 X 0 0 0 KEITH PERIN BOARD MEMBER 1.00 X 0 0 0 DAVID BURKHARDT BOARD MEMBER 1.00 X 0 0 0 DENISE HOEING SECRETARY 1.00 X X 0 0 0 PHIL KING TREASURER 1.00 X X 0 0 0 LAURA ASH VICE PRESIDENT 1.00 X X 0 0 0 TONI SCHULTZ BOARD MEMBER 1.00 X 0 0 0 GINNY FOSTER BOARD MEMBER 1.00 X 0 0 0 KELLY MORGAN BOARD MEMBER 1.00 X 0 0 0 DEVON NIEHOFF BOARD MEMBER 1.00 X 0 0 0 ANGELA BANE ADMINISTRATIVE AND ACCOUNT 35.00 X 49177 0 7047 CHRIS MAY EXECUTIVE DIRECTOR 40.00 X 88989 0 13030 138166 0 20077 0 0 0 0 0 6117719 23748 6117719 754765 754765 625115 23748 601367 601367 601367 7473851 0 0 1356132 7189466 7189466 253617 253617 138166 50349 52222 35595 89088 54032 22903 12153 32606 16303 9782 6521 17298 8649 5189 3460 425 64 361 20951 3143 17808 53148 53148 4802 1921 2881 6934 6934 38218 4044 32826 1348 9147 457 8233 457 3734 2801 373 560 17802 7121 10681 7715 2315 5400 PLANNING GRANT 41000 41000 FIRST5 FUND 27084 23022 2708 1354 DONOR CULTIVATION 16461 16461 RCCF OPERATING FUND 6176 6176 18347 4984 12304 1059 7992185 7669464 240872 81849 12684 11212 4493644 2230426 1343077 906572 514850 259830 262586 255020 23781449 26516954 29893440 29920184 1854019 15128 915051 1858000 2769070 1873128 X 8832391 10156309 18291979 17890747 27124370 28047056 29893440 29920184 X -518334 1341865 99155 X X 0 1 X 1 1 1 X 1193681 1197718 929300 8805014 6117719 18243432 1193681 1197718 929300 8805014 6117719 18243432 8477345 9766087 537770 757421 822854 994136 754765 3866946 28714 28714 22139092 0.44110 0.39480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 78 7400 220197 0 304620 93964 6931865 1 1 19704400 2105189 2249500 600576 28999 23429514 15819158 2230953 2581954 580515 347150 19704400 19267428 242399 -2819027 523853 347789 15819158 17438658 314808 2367917 492538 361417 19267428 15655711 808838 1766138 543849 248180 17438658 0.27090 0.04240 0.68670 0 0 100293 100293 349263 205319 143944 65294 54511 10783 255020 X 8601911 1471618 31981 1503599 7098312 53148 322391 375539 7473851 7827522 0 7827522 53148 111515 164663 7992185 PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT POLICY FOR ENDOWMENT ASSETS THAT ATTEMPT TO PRESERVE THE REAL PURCHASING POWER OF THE ASSETS, AND PROVIDE A GROWING STREAM OF INCOME TO BE MADE AVAILABLE FOR SPENDING, AND KEEPING PACE WITH INFLATION IN ORDER TO SUSTAIN THE OPERATIONS AND GRANT-MAKING CAPACITY OF THE FOUNDATION. THE INVESTMENT POLICY ESTABLISHES A RETURN OBJECTIVE THROUGH DIVERSIFICATION OF ASSET CLASSES. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE FOUNDATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE FOUNDATION TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK PARAMETERS. IN JUNE 2017, THE FOUNDATION ADOPTED A FORMAL SPENDING POLICY TO CALCULATE THE AMOUNT OF MONEY ANNUALLY DISTRIBUTED FROM THE FOUNDATION'S VARIOUS ENDOWED FUNDS. THE CURRENT SPENDING POLICY IS TO DISTRIBUTE AN AMOUNT DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS AND THAT RATE IS MULTIPLIED BY THE PREVIOUS FIVE-YEAR ROLLING AVERAGE OF THE FUND'S FAIR MARKET VALUE. FOR DECEMBER 31, 2024 AND 2023, THE BOARD APPROVED A SPENDING RATE OF 4.2%. THE FOUNDATION'S OBJECTIVE IS TO AVOID INVASION INTO THE HISTORICAL VALUE OR PRINCIPAL OF A FUND TO MEET THE SPENDING POLICY, UNLESS THE TERMS OF A GIFT ALLOWS THE FOUNDATION TO DO SO IN A PRUDENT MANNER. ACCORDINGLY, OVER THE LONG TERM, THE FOUNDATION EXPECTS THE FORMALIZED SPENDING POLICY WILL ALLOW ITS ENDOWMENT ASSETS TO GROW CONSISTENT WITH THE FOUNDATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS, AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS, TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE FOUNDATION'S EXEMPT STATUS IN JEOPARDY, AS OF DECEMBER 31, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: MANGEMENT FEE INCOME 31,981. PART XI, LINE 4B - OTHER ADJUSTMENTS: FAS 136 ADJUSTMENT 322,390. ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: FAS 136 ADJUSTMENT 111,513. ROUNDING 2. 1 BOYS & GIRLS CLUB OF RUSH COUNTY 1590 N SEXTON ST RUSHVILLE IN 46173 237170004 501(C)(3) 42912 0 DEVELOPMENT AND ONGOING WORK GLEANERS FOOD BANK OF INDIANA 3737 WALDEMERE AVE INDIANAPOLIS IN 46241 351483868 501(C)(3) 15000 0 SCHOOL PANTRY MAIN STREET CHRISTIAN CHURCH 615 N MAIN ST RUSHVILLE IN 46173 356000841 501(C)(3) 10453 0 FINANCIAL SUPPORT RUSH COUNTY HUMANE SOCIETY 884 S OLD 3 RUSHVILLE IN 46173 351965311 501(C)(3) 12391 0 FINANCIAL SUPPORT RUSH MEMORIAL HOSPITAL 1300 N MAIN ST RUSHVILLE IN 46173 356004464 GOVERNMENTAL 8919 0 FINANCIAL SUPPORT, FUND PAYOUTS RUSHVILLE LODGE 1307 BPOE OF ELKS PO BOX 81 RUSHVILLE IN 46173 350173269 501(C)(8) 7315 0 FINANCIAL SUPPORT RUSHVILLE PUBLIC LIBRARY 1850 N MAIN ST SUITE A RUSHVILLE IN 46173 356002081 501(C)(3) 23777 0 SUPPLIES AND FINANCIAL SUPPORT ST MARY CATHOLIC SCHOOL FOUNDATION 226 E 5TH ST RUSHVILLE IN 46173 351810106 501(C)(3) 11647 0 FINANCIAL SUPPORT AND FUND PAYOUT ST PAUL'S UNITED METHODIST CHURCH 426 N MORGAN RUSHVILLE IN 46173 356000842 501(C)(3) 32361 0 FINANCIAL SUPPORT RUSH COUNTY SENIOR CITIZENS SERVICES 1850 N MAIN ST SUITE D RUSHVILLE IN 46173 351360401 501(C)(3) 21377 0 FINANCIAL SUPPORT, WHEELCHAIR LIFT AND SERVICES RUSH COUNTY ARC PO BOX 44 RUSHVILLE IN 46173 351343188 501(C)(3) 9072 0 FINANCIAL SUPPORT RUSH COUNTY HISTORICAL SOCIETY PO BOX 302 RUSHVILLE IN 46173 356021791 501(C)(3) 5452 0 FINANCIAL SUPPORT AND FUND PAYOUTS RUSHVILLE ELEMENTRY SCHOOL 400 W 16TH STREET RUSHVILLE IN 46173 351097791 GOVERNMENTAL 18506 0 STUDENT AND SCHOOL SUPPORT FIREFLY CHILDREN & FAMILY ALLIANCE 1575 DR MARTIN LUTHER KING JR STREET INDIANAPOLIS IN 46202 351061264 501(C)(3) 10000 0 SUPPLIES AND EDUCATION MILROY COMMUNITY FOOD PANTRY 300 N WALNUT STREET PO BOX 392 MILROY IN 46156 853351366 501(C)(3) 12500 0 FINANCIAL SUPPORT RCHS ACTIVITIES FUND 1201 LIONS PATH RUSHVILLE IN 46173 351097791 GOVERNMENTAL 44784 0 STUDENT ACTIVITIES AND SPORTS RUSH COUNTY COMMUNITY ASSISTANCE INC 1850 N MAIN ST RUSHVILLE IN 46173 263693804 501(C)(3) 11500 0 FUND PAYOUTS RUSHVILLE PARKS & RECREATION 119 W 16TH STREET RUSHVILLE IN 46713 356001184 GOVERNMENTAL 10636 0 FUND PAYOUTS ST MARY CALVARY CEMETERY 3787 W 415 S RUSHVILLE IN 46173 350876366 501(C)(3) 5501 0 FINANCIAL SUPPORT EAST HILL CEMETERY CO 704 E STATE RD 44 RUSHVILLE IN 46173 350284037 501(C)(13) 19451 0 HISTORIC MONUMENTS AND UPKEEP GIRLS INC OF SHELBYVILLESHELBY COUNTY 904 S MILLER ST SHELBYVILLE IN 46176 351277849 501(C)(3) 10000 0 IN-SCHOOL PROGRAMMING REC BUILDING HOLDING CORP 330 N MAIN ST RUSHVILLE IN 46173 933434223 501(C)(2) 6602772 0 REC CENTER CARTHAGE LIONS CLUB 10760 N CARTHAGE PIKE CARTHAGE IN 46115 356043118 501(C)(8) 10575 0 FUND PAYOUTS AND PARK SUPPORT CLEAN GREEN RUSH 101 E 2ND ST ROOM 108 RUSHVILLE IN 46173 263764916 GOVERNMENTAL 30000 0 CLEANUP AND ADVERTISING CITY OF RUSHVILLE FIRE AND RESCUE 120 N PERKINS ST RUSHVILLE IN 46173 356001184 GOVERNMENTAL 10758 0 EQUIPMENT MILROY ECONOMIC DEVELOPMENT CORPORATION PO BOX 186 MILROY IN 46156 208280022 GOVERNMENTAL 7617 0 CHRISTMAS DECORATIONS RUSH COUNTY 4-H HORSE AND PONY 5359 N 700 W ARLINGTON IN 46104 300224103 501(C)(3) 7989 0 INCREASE SEATING FOR SPECTATORS RUSH COUNTY SCHOOLS 330 W 8TH ST RUSHVILLE IN 46173 351097791 GOVERNMENTAL 9086 0 FUND PAYOUTS FOR STUDENT NEEDS RUSHVILLE AMERICAN LEGION POST 150 LTD PO BOX 276 RUSHVILLE IN 46173 881703964 501(C)(8) 18690 0 HANDICAP ACCESSABILITY RUSHVILLE STREET DEPARTMENT 519 E 9TH ST RUSHVILLE IN 46173 356001184 GOVERNMENTAL 10000 0 COUNTY CLEANUP RUSHVILLE TOWNSHIP VOLUNTEER FIRE DEPARTMENT 215 N WASHINGTON ST RUSHVILLE IN 46713 356003731 GOVERNMENTAL 15750 0 EQUIPMENT VARSITY SCHOLARS 1201 LIONS PATH RUSHVILLE IN 46713 351097791 GOVERNMENTAL 5041 0 FINANCIAL SUPPORT 27 5 SCHOLARSHIPS FOR STUDENTS ATTENDING HIGHER EDUCATION INSTITUTIONS. 81 253617 PART I, LINE 2: THE TERMS OF THE GRANT REQUIRE TWO SIGNATURES FROM THE RECIPIENT ORGANIZATION BEFORE FUNDS ARE RELEASED. THE REQUIREMENTS OF THE RECIPIENT ORGANIZATION INCLUDE REPORTING INFORMATION BACK TO THE FOUNDATION INCLUDING WHETHER THE FUNDS WERE USED ACCORDING TO THE GRANT REQUEST, RECEIPTS FOR GRANT EXPENDITURES, REIMBURESMENT OF UNUSED FUNDS, PHOTOGRAPHS OF ANY ITEMS ACQUIRED WITH GRANT FUNDS, AND COMPLETION OF A QUESTIONNAIRE. THE GRANT RECIPIENT MUST STATE IN THE QUESTIONNAIRE WHETHER FUNDS WERE USED IN ACCORDANCE WITH IRS REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND ADMINISTRATIVE AND ACCOUNTS COORDINATOR BEFORE FILING. THE COMPLETED INFORMATION WILL BE PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD PRESIDENT AND THE EXECUTIVE DIRECTOR ANALYZE POTENTIAL CONFLICTS OF BOARD MEMBERS, AND ANY ACTUAL CONFLICTS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15 PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL - THE EXECUTIVE COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR AND REPORTS TO THE BOARD. THE EXECUTIVE COMMITTEE MAKES RECOMMENDATIONS FOR COMPENSATION LEVELS TO THE GOVERNING BOARD BASED ON VARIOUS INFORMATION INCLUDING COMPARABLE COMPENSATION DATA FOR THE POSITION. THE GOVERNING BOARD VOTES ON THE COMPENSATION AMOUNT OF ALL STAFF. ALL BOARD AND COMMITTEE MEETINGS ARE CONTEMPORANEOUSLY DOCUMENTED. PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS - THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW OF ALL EMPLOYEES AND REPORTS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAKES RECOMENDATIONS FOR COMPENSATION LEVELS TO THE GOVERNING BOARD BASED ON VARIOUS INFORMATION INCLUDING COMPARABLE COMPENSATION DATA FOR THE POSITION. THE GOVERNING BOARD VOTES ON THE COMPENSATION AMOUNT OF ALL STAFF. ALL BOARD AND COMMITTEE MEETINGS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIALS ARE AVAILABLE ON OUR WEBSITE. FORM 990, PART XI, LINE 9: FAS 136 ADJUSTMENT 129,752. TRANSFER OF AGENCY FUND -30,599. ROUNDING 2. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS NOT CHANGED THE SELECTION PROCESS FOR THE AUDITOR OR THE METHOD OF OVERSIGHT. REC BUILDING HOLDING CORPORATION 330 N MAIN ST RUSHVILLE IN 46173 933434223 TITLE HOLDING COMPANY IN 501(C)(2) RUSH COUNTY COMMUNITY FOUNDATION 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 REC BUILDING HOLDING CORP B 6602772 CASH REC BUILDING HOLDING CORP C 990131 CASH