PLATINUM2023

HIGHLAND PARK COMMUNITY FOUNDATION

Give Where You Live

Highland Park, IL   |  www.hpcfil.org
GuideStar Charity Check

HIGHLAND PARK COMMUNITY FOUNDATION

EIN: 36-3819818


Mission

To address the unmet needs of our community and expand opportunities for all Highland Park and Highwood residents.

Ruling year info

1992

Chairman

Betsy Brint

Main address

P.O. Box 398

Highland Park, IL 60035 USA

Show more contact info

EIN

36-3819818

Subject area info

Education

Philanthropy

Foundations

Community improvement

Human services

Population served info

Children and youth

Adults

Social and economic status

Health

NTEE code info

Fund Raising and/or Fund Distribution (T12)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

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

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

There are needs in our community that are not being addressed because of decreased government funding and insufficient funding needed by the organizations and agencies that can best address them. There are also innovative programs that would benefit everyone in our community that need funding in order to be effectuated.

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?

Grant Giving

We provide grants to local agencies and fund programs that meet the unmet needs of our community and expand opportunities for all Highland Park and Highwood residents.

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

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

Number of organizations applying for grants

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

Children and youth, Adults, Seniors, Health, Social and economic status

Related Program

Grant Giving

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Average number of non-monetary support contacts per grantee

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

Children and youth, Adults, Seniors, Social and economic status, Health

Related Program

Grant Giving

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Median grant amount

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

Children and youth, Adults, Seniors, Social and economic status, Health

Related Program

Grant Giving

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

Metric pertains to the annual grants we award each year to address needs of the community

Average grant amount

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

Children and youth, Adults, Seniors, Social and economic status, Health

Related Program

Grant Giving

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

Metric pertains to the annual grants we award each year to address needs of the community

Total dollar amount of grants awarded

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

Children and youth, Adults, Seniors, Social and economic status, Health

Related Program

Grant Giving

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

in 2020 and 2021 combined, we also distributed $240,000 in grants to address needs stemming from the pandemic

Total number of grants awarded

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

Children and youth, Adults, Seniors, Social and economic status, Health

Related Program

Grant Giving

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

Metric pertains to the annual grants we award each year to address needs of the community

Number of endowments

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

Adults, Children and youth, Multiracial people

Related Program

Grant Giving

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

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.

We strive to support the agencies and organizations in our community that meet the unmet needs of the people who reside in Highland Park and Highwood. We also aim to expand opportunities for all Highland Park and Highwood residents.

We have an annual grant program whereby we accept funding applications from organizations and agencies that provide educational, child care, cultural/arts, senior service, social service, and enrichment programs. We have an investment committee that meets regularly to monitor our investment policies and endowment, and recommends the amount of grant funding to provide each year. We also have a grants committee that evaluates the funding applications and allocates the grant funds based on the number and quality of the applications that are submitted and the amount of available funds. Beyond this, our Board and Executive Director are actively engaged in fundraising to increase our endowment so we can provide more grant funding to expand opportunities and address the ever-growing needs in our community.

In 2016, the Board created a multi-year strategic plan that we are in the process of implementing to ensure our continued growth in board and leadership development, fundraising, our grant program, communications, and overall operations. We are also embarking upon the creation of a multi-year fundraising plan, with the goal of doubling our endowment in the next 3-5 years. We have a very engaged Board and also recently hired a part-time Executive Director to help guide and move us forward.

We have identified a new committee structure and new committee members to implement our strategic plan; we have retained the services of a consultant to help us develop a fundraising plan; we have added new members to our Board; we have a leadership succession plan in place to ensure continuity in leadership for the next 4-8 years; and, we have hired a part-time Executive Director and Administrative Assistant. We have also increased our grant allocations each year for the past decade as well as the number and variety of agencies and organizations we fund. We have further continuously evaluated our investment strategies and policies. What's next is to reach out to residents, businesses, and foundations to increase our funding base and endowment, and to network with other community foundations to learn and implement best practices.

Financials

HIGHLAND PARK COMMUNITY FOUNDATION
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

0.00

Average of 171.66 over 10 years

Months of cash in 2020 info

SOURCE: IRS Form 990

4.9

Average of 4.7 over 10 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

HIGHLAND PARK COMMUNITY FOUNDATION

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

HIGHLAND PARK COMMUNITY FOUNDATION

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

HIGHLAND PARK COMMUNITY FOUNDATION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of HIGHLAND PARK COMMUNITY FOUNDATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2016 2017 2018 2019 2020
Unrestricted surplus (deficit) before depreciation $248,998 $445,519 -$161,873 $879,557 $606,744
As % of expenses 106.7% 176.1% -49.9% 133.7% 76.1%
Unrestricted surplus (deficit) after depreciation $248,998 $445,519 -$161,873 $879,557 $606,744
As % of expenses 106.7% 176.1% -49.9% 133.7% 76.1%
Revenue composition info
Total revenue (unrestricted & restricted) $355,231 $363,264 $439,008 $978,185 $1,004,363
Total revenue, % change over prior year 36.9% 2.3% 20.9% 122.8% 2.7%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 20.1% 20.8% 19.9% 10.6% 8.9%
Government grants 0.0% 0.0% 0.0% 30.7% 5.0%
All other grants and contributions 60.6% 61.3% 79.5% 58.7% 86.2%
Other revenue 19.3% 17.9% 0.6% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $233,454 $252,956 $324,298 $657,904 $797,097
Total expenses, % change over prior year -22.5% 8.4% 28.2% 102.9% 21.2%
Personnel 0.0% 0.0% 0.0% 0.0% 0.0%
Professional fees 0.0% 0.0% 0.0% 0.0% 0.0%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 77.6% 76.5% 67.3% 82.5% 83.0%
All other expenses 22.4% 23.5% 32.7% 17.5% 17.0%
Full cost components (estimated) info 2016 2017 2018 2019 2020
Total expenses (after depreciation) $233,454 $252,956 $324,298 $657,904 $797,097
One month of savings $19,455 $21,080 $27,025 $54,825 $66,425
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $252,909 $274,036 $351,323 $712,729 $863,522

Capital structure indicators

Liquidity info 2016 2017 2018 2019 2020
Months of cash 5.1 6.7 6.6 3.3 4.9
Months of cash and investments 181.4 188.4 140.6 85.5 79.8
Months of estimated liquid unrestricted net assets 179.3 186.6 139.6 84.9 79.2
Balance sheet composition info 2016 2017 2018 2019 2020
Cash $99,184 $141,696 $178,682 $182,047 $322,905
Investments $3,429,634 $3,830,511 $3,621,256 $4,503,269 $4,977,130
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.0% 0.1% 0.0% 0.0% 0.0%
Unrestricted net assets $3,488,905 $3,934,424 $3,772,551 $4,652,108 $5,258,852
Temporarily restricted net assets $18,089 $20,041 $27,387 N/A N/A
Permanently restricted net assets $22,069 $15,428 $0 N/A N/A
Total restricted net assets $40,158 $35,469 $27,387 $33,208 $41,183
Total net assets $3,529,063 $3,969,893 $3,799,938 $4,685,316 $5,300,035

Key data checks

Key data checks info 2016 2017 2018 2019 2020
Material data errors No No No No No

Operations

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

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Chairman

Betsy Brint

Number of employees

Source: IRS Form 990

HIGHLAND PARK COMMUNITY FOUNDATION

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

HIGHLAND PARK COMMUNITY FOUNDATION

Board of directors
as of 02/18/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Betsy Brint

Jonathan Plotkin

Cristina Mota

Caroline Mead

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? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • 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? No

Organizational demographics

SOURCE: Self-reported; last updated 2/2/2022

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 (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data