Dearborn Community Foundation INC

Tax-deductible

Lawrenceburg, IN501(c)(3)Since 1997Foundations & GrantmakersEIN 35-2036110Revenue $5.7M in FY2025

On file with the IRSdearborncf.org322 Walnut St, 47025-1842 · Lawrenceburg, INTax-exempt since Apr 1998Publicly supported charity — 170(b)(1)(A)(vi)

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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.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 50 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $2.0M a year · 52% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$117K
to officers and key staff · 5% of spending
Top officer’s pay lower than 56% of similar orgs
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
41 mo
of spending, in cash
Looks good: 40.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $1.5M
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$11.2M
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.7M
-0.5% vs prior year
Spent
$2.2M
To programs
90%
Net assets
$27.9M
By yearFY2020–FY2025
Revenue
$5.7M
FY2025-0.5%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.9M
FY2021$4.0M
FY2022$2.6M
FY2023$3.1M
FY2024$5.8M
FY2025$5.7M
Expenses
$2.2M
FY2025▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$1.7M
FY2022$1.9M
FY2023$1.6M
FY2024$1.9M
FY2025$2.2M
Net assets
$27.9M
FY2025▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$15.0M
FY2021$18.6M
FY2022$16.5M
FY2023$19.3M
FY2024$22.9M
FY2025$27.9M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $2.0M Management & general 5% · $104K Fundraising 6% · $126K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $117K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$116,688Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Fred McCarter’s $117K as Executive Director is at the 44th percentile of top reported officer pay among 1690 $1–10M 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Fred McCarter$116,688$112,999$110,156$104,194$101,190$100,195

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 Dearborn Community Foundation INC executive salaries →

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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

Connects donors with local causes by awarding grants to nonprofits and scholarships to students to improve the quality of life in Dearborn County.

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Provided by the organization

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1 program · $2.0M · in their own filed words · FY2025
01

The Dearborn Community Foundation awarded 370 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.

$2.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 5 funders$1.5M
See all 5 funders →
Grants paid · 221 grants · $7.3M · 2020–2025
Unitemized GrantFY2025$249,125
City of GreendaleFY2025$205,000
Lawrenceburg Community School CorporationFY2025$150,966
Lifetime Resources INCIN · FY2025$122,767
City of AuroraFY2025$73,629
Dearborn County TreasurerFY2025$71,439
Town of DillsboroFY2025$54,328
St John Ev Lutheran ChurchIN · FY2025$32,690
Aurora Lions Club INCIN · FY2025$31,055
Ross Foundation INCIN · FY2025$30,766
South Dearborn Dollars for ScholarsMN · FY2025$25,798
St John Lutheran ChurchIN · FY2025$20,000
Lawrenceburg Main Street INCIN · FY2025$19,000
See all 221 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.7M
Ln 12
Gifts and grantsLn 1h$4.0M
Investment incomeLn 3$1.7M
Other incomeLn 4–11$63K
Money outPt IX
$2.2M
Ln 25
Programscol B$2.0M
Managementcol C$104K
Fundraisingcol D$126K
Owns and owesPt X
$27.9M
net assets · Ln 32
Cash and savingsLn 1–2$7.5M
Total assetsLn 16$39.1M
LiabilitiesLn 26$11.2M
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.0M
Government grantsLn 1e$1.3M
Noncash giftsLn 1g$6K
Fundraising eventsLn 1c$14K
Investment incomeLn 3$1.7M
Other incomeLn 4–11$63K
Gains on assetsLn 7$89K
Total revenueLn 12$5.7M
Assets in detailPt X, end of year
CashLn 1$51K
SavingsLn 2$7.4M
Cash and savings togetherLn 1–2$7.5M
InvestmentsLn 11–13$31.1M
Land, buildings, equipmentLn 10c$6K
Other assetsLn 15$518K
Total assetsLn 16$39.1M
LiabilitiesLn 26$11.2M
Net assetsLn 32$27.9M
OperationsPt I, VI
EmployeesI 54
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$6.6M$7.5M
InvestmentsLn 11–13$26.2M$31.1M
Land, buildings, equipmentLn 10c$6K$6K
Total assetsLn 16$33.4M$39.1M
LiabilitiesLn 26$10.5M$11.2M
Net assetsLn 32$22.9M$27.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.4M$1.4M
Grants to domestic individualsLn 2$239K$239K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$127K$51K$13K$64K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$161K$96K$46K$19K
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$18K$12K$4K$2K
Payroll taxesLn 10$22K$13K$3K$5K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$2K$392$587$979
Accounting feesLn 11c$16K$665$15K$532
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$93K$93K$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$12K$2K$2K$7K
Office expensesLn 13$7K$3K$1K$3K
Information technologyLn 14$20K$8K$4K$8K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$16K$7K$5K$5K
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$6K$6K$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$3K$1K$856$857
InsuranceLn 23$5K$1K$2K$1K
Other expenses (24a–d)Ln 24$16K$8K$2K$6K
All other expensesLn 24e$11K$3K$5K$4K
Total functional expensesLn 25$2.2M$2.0M$104K$126K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.7M$2.2M$3.5M$27.9M 990 PDF
FY2024 $5.8M$1.9M$3.8M$22.9M 990 PDF
FY2023 $3.1M$1.6M$1.5M$19.3M 990 PDF
FY2022 $2.6M$1.9M$787K$16.5M 990 PDF
FY2021 $4.0M$1.7M$2.3M$18.6M 990 PDF
FY2020 $1.9M$1.8M$96K$15.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $5,749,886 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,732,234$4,034,467
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,982,639$1,652,152
I-11 Other revenuePrior year $63,370$63,267
I-12 Total revenuePrior year $5,778,243$5,749,886
I-13 Grants and similar amounts paidPrior year $1,446,432$1,666,718
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $292,104$328,321
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $195,189$207,348
I-18 Total expensesPrior year $1,933,725$2,202,387
I-19 Revenue less expensesPrior year $3,844,518$3,547,499
Part VI · Governance 15 of 15 board members independent, 1 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,749,886 across 15 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$14,239
VIII-1d Related organizations$0
VIII-1e Government grants$1,271,233
VIII-1f All other contributions, gifts and grants$2,748,995
VIII-1g Noncash contributions (included above)$5,799
VIII-1h Total contributions, gifts and grants$4,034,467
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,563,242$1,563,242
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $88,910$88,910
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $90$90
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $56,797 · Unrelated business $0 · Excluded from tax $6,380$63,177
VIII-12 Total revenueRelated to mission $56,797 · Unrelated business $0 · Excluded from tax $1,658,622$5,749,886
Part IX · Statement of functional expenses $2,202,387 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $1,427,895$1,427,895
IX-2 Grants to domestic individualsPrograms $238,823$238,823
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $50,940 · Management $12,735 · Fundraising $63,676$127,351
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $95,734 · Management $46,151 · Fundraising $18,921$160,806
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $12,128 · Management $4,325 · Fundraising $1,982$18,435
IX-10 Payroll taxesPrograms $13,038 · Management $3,259 · Fundraising $5,432$21,729
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $392 · Management $587 · Fundraising $979$1,958
IX-11c Accounting feesPrograms $665 · Management $14,713 · Fundraising $532$15,910
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $92,727 · Management $0 · Fundraising $0$92,727
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $2,329 · Management $2,329 · Fundraising $6,987$11,645
IX-13 Office expensesPrograms $2,968 · Management $1,484 · Fundraising $2,968$7,420
IX-14 Information technologyPrograms $7,944 · Management $3,972 · Fundraising $7,944$19,860
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $6,571 · Management $4,928 · Fundraising $4,928$16,427
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $6,500 · Management $0 · Fundraising $0$6,500
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $1,142 · Management $856 · Fundraising $857$2,855
IX-23 InsurancePrograms $1,221 · Management $2,440 · Fundraising $1,221$4,882
IX-24 Other expenses (24a–d)Programs $8,315 · Management $1,695 · Fundraising $5,679$15,689
IX-24e All other expensesPrograms $2,869 · Management $4,590 · Fundraising $4,016$11,475
IX-25 Total functional expensesPrograms $1,972,201 · Management $104,064 · Fundraising $126,122$2,202,387
Part X · Balance sheet $39,140,835 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $47,580$51,412
X-2 Savings and temporary cash investmentsStart of year $6,559,859$7,443,610
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $6,252$5,520
X-11 Publicly traded securitiesStart of year $26,213,173$31,122,218
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $558,983$518,075
X-16 Total assetsStart of year $33,385,847$39,140,835
X-17 Accounts payable and accrued expensesStart of year $14,545$15,749
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $6,500$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $27,647$21,724
X-26 Total liabilitiesStart of year $10,523,855$11,233,387
X-27 Net assets without donor restrictionsStart of year $2,975,815$3,924,332
X-28 Net assets with donor restrictionsStart of year $19,886,177$23,983,116
X-32 Total net assets or fund balancesStart of year $22,861,992$27,907,448
X-33 Total liabilities and net assetsStart of year $33,385,847$39,140,835
Part XI · Reconciliation of net assets $27,907,448 net assets at year end
XI-1 Total revenue$5,749,886
XI-2 Total expenses$2,202,387
XI-3 Revenue less expenses$3,547,499
XI-4 Net assets at start of year$22,861,992
XI-5 Net unrealized gains (losses) on investments$2,823,708
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$1,325,751
XI-10 Net assets at end of year$27,907,448

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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