Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1997.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
24 people listed on the 990; $236K paid to officers and key staff.
William a Higbie’s $178K as President/CEO is at the 25th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| William a Higbie | $178,500 | $155,470 | $144,215 | $137,296 | $131,470 |
| Jeri Pat Gabbert | $170,650 | $156,875 | — | — | — |
| Mary Jane Eisenhauer | $149,428 | $124,396 | $114,417 | — | — |
| Brenda Sheetz | — | $103,150 | $115,215 | $110,125 | $104,300 |
| Caroline Schrenker | $114,955 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Porter County Community Foundation INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Awards grants to local nonprofits for community development and provides scholarships to Porter County residents to support their educational goals.
Questions for Porter County Community Foundation INC
Your first name shows with your question. Porter County Community Foundation INC answers here, for everyone.
The organization disburses grants to charitable organizations for projects that promote the community and help meet the changing needs of the community. The organization also disburses grants to porter county residents in accordance with the requests of donors who establish scholarship funds.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|
| End of yearLn 1g | $58.9M | $50.8M | $39.3M | $52.8M | $46.0M |
| Given inLn 1b | $4.2M | $3.1M | $2.4M | $5.7M | $2.8M |
| SpentLn 1d–1f | $1.6M | $1.3M | $1.2M | $3.2M | $3.4M |
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.8M | $4.2M |
| InvestmentsLn 11–13 | $54.6M | $64.2M |
| Land, buildings, equipmentLn 10c | $2.4M | $2.3M |
| Total assetsLn 16 | $62.9M | $71.8M |
| LiabilitiesLn 26 | $14.6M | $19.4M |
| Net assetsLn 32 | $48.3M | $52.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2.6M | $2.6M | ||
| Grants to domestic individualsLn 2 | $114K | $114K | ||
| Pay of current officers, directors and key staffLn 5 | $268K | $60K | $80K | $128K |
| Other salaries and wagesLn 7 | $185K | $41K | $55K | $88K |
| Pension plan contributionsLn 8 | $4K | $885 | $1K | $2K |
| Other employee benefitsLn 9 | $11K | $2K | $3K | $5K |
| Payroll taxesLn 10 | $31K | $7K | $9K | $15K |
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $34K | $34K | ||
| Investment management feesLn 11f | $158K | $158K | ||
| Other fees for servicesLn 11g | $16K | $16K | ||
| Advertising and promotionLn 12 | $30K | $30K | ||
| Office expensesLn 13 | $55K | $15K | $18K | $22K |
| Information technologyLn 14 | $37K | $12K | $12K | $12K |
| OccupancyLn 16 | $53K | $18K | $17K | $17K |
| Conferences, conventions and meetingsLn 19 | $4K | $1K | $1K | $1K |
| Depreciation, depletion and amortizationLn 22 | $127K | $43K | $42K | $42K |
| InsuranceLn 23 | $9K | $9K | ||
| Other expenses (24a–d)Ln 24 | $55K | $7K | $48K | |
| Total functional expensesLn 25 | $3.8M | $3.1M | $308K | $410K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Sep 23, 2025 | $18.1M | $6.8M | $11.3M | $83.6M | 990 PDF |
| FY2023Filed with the IRS Sep 10, 2024 | $7.1M | $5.4M | $1.6M | $71.1M | 990 PDF |
| FY2022Filed with the IRS Aug 25, 2023 | $22.0M | $6.0M | $16.0M | $63.4M | 990 PDF |
| FY2021Filed with the IRS Jun 30, 2022 | $5.7M | $4.5M | $1.2M | $60.9M | 990 PDF |
| FY2020 ViewingFiled with the IRS May 3, 2021 | $7.4M | $3.8M | $3.6M | $52.4M | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $7,378,940 revenue, 12 lines filed
Part VI · Governance 22 of 22 board members independent, 1 to look at
Part VIII · Statement of revenue $7,378,940 across 7 lines filed
Part IX · Statement of functional expenses $3,822,119 across 19 lines filed
Part X · Balance sheet $71,838,230 assets, 15 lines filed
Part XI · Reconciliation of net assets $52,404,916 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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