PLATINUM2022

Horizon Community Funds of Northern Kentucky Corp

Uncommon Advocates for the Commonwealth

COVINGTON, KY   |  https://www.horizonfunds.org

Mission

Our mission is to unite resources to raise the quality of life for all people in the Northern Kentucky community.

Ruling year info

2017

President

Nancy Grayson

Main address

50 E RIVERCENTER BLVD STE 431

COVINGTON, KY 41011 USA

Show more contact info

EIN

82-1388190

NTEE code info

Public Foundations (T30)

Fund Raising and/or Fund Distribution (S12)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Northern Kentucky comprises roughly 20% of the population in the Greater Cincinnati area, however we do not have the same level of financial support for the many deep issues that our communities face, including: Half of Northern Kentucky children are not prepared for kindergarten Less than ¼ adults in Northern Kentucky have a bachelor’s degree or higher Although teen birth rates are declining, infant mortality is increasing The heroin epidemic has dramatically increased rates of unintentional deaths Nearly 1 in 5 Northern Kentuckians experience poverty Horizon Community Funds of Northern Kentucky was formed to unite resources to raise the quality of life for all people in the Northern Kentucky community. Established in 2017, we are a public charity who strives to foster a giving community through increased philanthropic participation among Northern Kentucky residents, build the resource base to support charitable projects and organizations, and promote trust and ownership in how resou

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Community Impact Fund

Horizon Community Funds of Northern Kentucky is the community-wide foundation that provides a way to pool our resources, large and small, in order to give back, to make a lasting difference, and to improve life for generations. We have options for the full spectrum of donors, from those who want to give to a general community fund to those who want to choose what charities benefit from their gifts.

We all want to do more, we want to be more, we want to serve the needs of the less hopeful, enhance quality of life, and pave the future for our children, and theirs. Horizon Community Funds of Northern Kentucky is an answer to the call!

Population(s) Served
Adults

Where we work

Accreditations

Council on Foundations Accredited

The National Standards for U.S. Community Foundations® 2019

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total dollars received in contributions

This metric is no longer tracked.
Totals By Year
Related Program

Community Impact Fund

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of people on the organization's email list

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Horizon Community Funds of Northern Kentucky was created to increase philanthropic giving among Northern Kentucky individuals, corporations and organizations and to assure Northern Kentucky’s citizens’ input into how such monies are distributed among qualified community-based public charities and projects benefitting the public good. Horizon Community Funds of Northern Kentucky’s specific goals include:

FOSTER A GIVING COMMUNITY
We will drive philanthropic participation by increasing awareness among Northern Kentucky residents, corporations and organizations about the benefits of tax advantaged giving, community needs, and the impact that philanthropy can have to enhance the quality of life in Northern Kentucky.

BUILD THE RESOURCE BASE
We will consistently increase the philanthropic resources available to qualified projects, enterprises and not-for-profit organizations serving our community, through areas such as social services, urban revitalization, education, health and wellness, community unity, and the arts.

PROMOTE TRUST & OWNERSHIP
Our Council of Trustees includes fellow Northern Kentucky residents who possess an in-depth understanding of Northern Kentucky’s unique qualities, assets, opportunities, and challenges, who are trusted to direct how Horizon Community Fund’s grants are distributed in the Northern Kentucky community.

Our strategies to meet our goals:

Strategy 1: Further develop donor database and donor cultivation
Strategy 2: Develop strategy to engage key partners
Strategy 3: Develop specific strategic messaging and outreach plan
Strategy 4: Monitor investments and manage fund growth
Strategy 5: Ensure effective organizational performance
Strategy 6: Increase community impact and engagement

We are a local organization with deep roots in the community.

Our leadership has a unique understanding of the needs and possibilities for the Northern Kentucky community.

We deliver streamlined donor experience, providing personalized service that addresses our donors’ charitable and financial interests.

We can multiply the impact of gift dollars by pooling them with other gifts and grants.

We have the expertise to help people invest in the causes they care about most—regardless of location.

We can facilitate the most complicated forms of giving and we accept a wide variety of assets.

Our relationships with professional advisors make charitable giving highly effective for donors who wish to make a lasting impact.

Donors benefit from maximum tax advantages for most gifts under federal law as well as from

Kentucky state programs.

We build endowment funds designed to benefit the Northern Kentucky community forever, helping our donors create personal legacies.

We are part of Northern Kentucky, a community leader, coordinating resources to create positive, lasting change.

Accomplishments:

$20 million in assets under management by the end of 2018, a 157 percent increase from 2017

Contributions grew by 62 percent in 2018; more than $12 million raised in 2018

22 component funds by the end of 2018

Granted more than $2 million in 2018

67 percent of 2018 donations were $100 or less, showing to community that every gift makes an impact

Low functional expenses, 89.26% of operational funds going to program services, 7.35% going to fund development, and 3.39% going to administrative expenses

Over 40 community leaders engaged in innovative Horizon Community Accelerator, a grassroots volunteer group focused on supporting Northern Kentucky needs through time, talent, and treasure

Successful launch of local funders pitch competition (“NKY Funders Grants Competition”), philanthropic convening for the community related to the transfer of wealth (“Power in Numbers” event), and local education on community foundation with community groups

Up next:

Launch of two giving circles: a speed philanthropy giving circle (“Give Where You Live NKY”) and a young professional giving circle (“The 410”)

Continued offerings of philanthropic community gatherings focused on giving trends and charitable giving tax updates

Continued partnerships with local professional advisors to serve their clients

Promotion of student philanthropy in region through identified nonprofit partners

Rebrand of organization to further engage community in social aspect of giving back to Northern Kentucky

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

Financials

Horizon Community Funds of Northern Kentucky Corp
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Horizon Community Funds of Northern Kentucky Corp

Board of directors
as of 08/11/2022
SOURCE: Self-reported by organization
Board chair

William Butler

Corporex

Term: 2017 -

Kit Andrews

Divisions

Rich Boehne

William Butler

Corporex

Garren Colvin

St. Elizabeth Hospital

Crystal Faulkner

MCM CPAs & Advisors

Bob Kohlhepp

Xamass Partners LLC

Kris Knochelmann

Kenton County Judge Executive

Valerie Newell

Mariner Wealth Advisors

Roger Peterman

Dinsmore & Shohl

Paul Sartori

Legacy Financial

Chuck Scheper

Bexion Pharmaceuticals

Mike Schlotman

The Kroger Co.

Chuck Session

Duke Energy Kentucky

Paul Verst

Verst Group Logistics

Jim Votruba

Mary Zalla

Landor

Bob Zapp

Barbara Drees Jones

Drees Homes

Donna Salyers

Salyers Fabulous-Furs

Bob Sathe

MCF Advisors

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 8/11/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data