PLATINUM2023

THE FOUNDATION FOR ENHANCING COMMUNITIES

Alone, we have ideas. Together we take action.

Harrisburg, PA   |  www.tfec.org
GuideStar Charity Check

THE FOUNDATION FOR ENHANCING COMMUNITIES

EIN: 01-0564355


Mission

Inspire giving by partnering with donors to achieve their charitable goals, and strengthen our local communities by investing in them now and for future generations.

Ruling year info

2002

President & Chief Executive Officer

Ms. Janice R. Black

Main address

200 N. 3rd Street, 8th Floor

Harrisburg, PA 17101 USA

Show more contact info

EIN

01-0564355

Subject area info

Foundations

Population served info

Children and youth

Adults

NTEE code info

Community Foundations (T31)

What we aim to solve

SOURCE: Self-reported by organization

To develop a method for tracking and sharing the meaningful impact that our grant making & scholarships have in the communities we serve

To deepen relationships with current donors, increasing assets in current funds, promoting co-funding opportunities and planned giving

To continually build strength through governance in the Board of Directors & Regional Advisory Boards by recruiting and engaging strong leaders and advocates for the Foundation's mission

To continue our focus on the Early Childhood Initiative with our Discretionary grant making funds

To build relationships with new donors, seeking innovative strategies using technology to reach a younger and more diverse group

To develop and implement a Strategic Communications Plan emphasizing the use of Technology in all possible facets

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?

Competitive Grantmaking

The Foundation for Enhancing Communities offers various opportunities to nonprofit organizations within its service area to apply for grant funding.

Population(s) Served
Adults
Children and youth

Where we work

Accreditations

Council on Foundations Accredited

Our results

SOURCE: Self-reported by organization

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

Competitive Grantmaking: Funds Awarded

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

Adults

Related Program

Competitive Grantmaking

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

We offer a range of annual grant opportunities to meet area needs and in 2022, TFEC was pleased to award 1957 grants totaling $5,690,459 in grant funds.

Finance & Investment: Organization Assets

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

Adults

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

As the 18th oldest community foundation in the United States, we have provided personalized products and services to help donors and communities achieve their charitable goals for nearly 100 years.

College & Higher Education: Number of Scholarships Awarded

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

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Our scholarship recipients demonstrate financial need as well as individual excellence in areas such as community service, leadership, sports, music, academics, and other unique characteristics.

College & Higher Education Scholarships: Available Opportunities

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

Context Notes

Our scholarship opportunities are made available through numerous individual scholarship funds established by generous donors in our community.

Stewardship: Fiscal Sponsorship Projects

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

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Through fiscal sponsorships, we enable charitable projects to operate as a 501(c)(3) organization, raise tax-deductible contributions and utilize funds for what they do best—achieving their mission!

Community Leadership: Emerging Philanthropist Program Graduates

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

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

A joint project of The Foundation for Enhancing Communities and Harrisburg Young Professionals, The Emerging Philanthropist Program, engages emerging community leaders in the power of philanthropy.

Initiatives: The Fund for Women & Girls Endowment Assets

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

Input - describing resources we use

Direction of Success

Increasing

Context Notes

The mission of The Fund for Women & Girls, a special initiative of TFEC, is to broaden the awareness of and response to issues affecting women and girls through collective philanthropy.

Community Leadership: The Fund for Women & Girls Dream Team Membership

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

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Empowered by collective philanthropy, a primary goal of The Fund for Women & Girls Dream Team is the establishment of a $1,000,000 endowment fueled by the charitable donations of 1,000 individuals.

College & Higher Education Scholarships: Funds Awarded

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

Context Notes

Established by generous donors, corporations or organizations to assist students with their educational pursuits, our scholarship opportunities express a deep belief in the power of education.

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.

Our main goal is to educate the community about philanthropy and to offer the services we provide that can assist them in doing so. Whether it is an individual donor, family, corporation, or nonprofit organization, we can provide services to assist them in meeting their charitable goals. We also provide services to other foundations, banks and nonprofit organizations that assist in building their capacity such as managing their investments or scholarship or grant programs for them for a fee.

We meet with donor prospects to share information and continue to follow up with them to ensure their questions are answered appropriately. We cultivate relationships to share the charitable services we offer. We also meet and educate professional advisors (attorneys, wealth managers and accountants) on our products as they are referral sources for new donors. We have collateral material that is specifically for the capacity building services that is shared with potential clients as well.

We have been providing philanthropic services to the community for almost 100 years, we always have a stellar audit, are fully transparent and our investment returns are very good. The additional capacity building services have been provided for over 10 years, with a proven effective track record for those we are in partnership with. We provide excellent customer service, have highly qualified and knowledgeable staff, and referrals from existing customers show that they are pleased with our services.

We continue to evaluate our strategic plan progress and revise it as necessary. We have developed new strategies to engage current donors and strengthen those relationships. There is still much to do, as always, there are new and improved ways to communicate with individuals. We have started a young professionals program to begin to engage a younger audience to educate the next generation on philanthropy. We have re-established our Professional Advisors Council as a way to deepen and strengthen relationships with advisors.

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 2022 info

SOURCE: IRS Form 990

13.35

Average of 12.68 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

2.4

Average of 3.2 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

20%

Average of 20% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

THE FOUNDATION FOR ENHANCING COMMUNITIES

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

THE FOUNDATION FOR ENHANCING COMMUNITIES

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

THE FOUNDATION FOR ENHANCING COMMUNITIES

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of THE FOUNDATION FOR ENHANCING COMMUNITIES’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 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$2,943,882 $16,679,251 $13,693,859 $19,055,291 -$24,959,817
As % of expenses -40.6% 139.3% 164.5% 223.4% -244.3%
Unrestricted surplus (deficit) after depreciation -$2,972,759 $16,650,005 $13,663,755 $19,026,396 -$24,988,615
As % of expenses -40.8% 138.7% 163.6% 222.3% -243.9%
Revenue composition info
Total revenue (unrestricted & restricted) $15,406,380 $13,112,815 $10,527,158 $15,909,729 $47,434,480
Total revenue, % change over prior year 19.0% -14.9% -19.7% 51.1% 198.1%
Program services revenue 3.5% 3.9% 5.1% 3.6% 1.3%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 13.1% 16.4% 15.0% 10.1% 3.9%
Government grants 0.0% 0.0% 0.0% 4.9% 0.0%
All other grants and contributions 55.4% 63.6% 78.9% 41.6% 10.9%
Other revenue 27.9% 16.2% 0.9% 39.7% 83.9%
Expense composition info
Total expenses before depreciation $7,250,300 $11,975,338 $8,323,778 $8,529,677 $10,215,451
Total expenses, % change over prior year -7.8% 65.2% -30.5% 2.5% 19.8%
Personnel 18.1% 12.2% 18.6% 19.2% 17.2%
Professional fees 2.2% 1.4% 1.7% 2.2% 1.6%
Occupancy 1.7% 1.0% 2.3% 1.7% 0.3%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 46.8% 65.5% 50.6% 49.7% 54.2%
All other expenses 31.2% 20.0% 26.8% 27.3% 26.7%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $7,279,177 $12,004,584 $8,353,882 $8,558,572 $10,244,249
One month of savings $604,192 $997,945 $693,648 $710,806 $851,288
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $29,099 $0 $55,571 $33,954 $0
Total full costs (estimated) $7,912,468 $13,002,529 $9,103,101 $9,303,332 $11,095,537

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 4.5 2.3 1.7 3.1 2.4
Months of cash and investments 133.4 97.8 161.2 188.2 125.2
Months of estimated liquid unrestricted net assets 121.3 90.1 149.3 172.5 114.7
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $2,740,174 $2,308,345 $1,162,815 $2,228,958 $2,063,146
Investments $77,882,644 $95,251,491 $110,625,853 $131,511,936 $104,495,417
Receivables $675,836 $1,170,083 $700,151 $206,525 $175,559
Gross land, buildings, equipment (LBE) $332,789 $345,535 $401,105 $435,060 $441,414
Accumulated depreciation (as a % of LBE) 84.6% 90.0% 85.0% 85.0% 90.3%
Liabilities (as a % of assets) 8.0% 7.2% 6.4% 6.6% 7.4%
Unrestricted net assets $73,310,598 $89,960,603 $103,624,358 $122,650,754 $97,662,139
Temporarily restricted net assets $1,564,863 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $1,564,863 $1,766,512 $1,715,042 $2,520,289 $1,988,162
Total net assets $74,875,461 $91,727,115 $105,339,400 $125,171,043 $99,650,301

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

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

Documents
Form 1023/1024 is not available for this organization

President & Chief Executive Officer

Ms. Janice R. Black

Ms. Black joined The Foundation in September of 1994. Prior to joining The Foundation, Ms. Black worked as executive director of Edgewater Psychiatric Center. Ms. Black holds a Bachelor of Science in nursing from George Mason University. Ms. Black has served on many boards within the community including the American Cancer Society, Leadership Harrisburg, Goodwill Industries, Rotary Club of Harrisburg and Delta Dental of PA. Additionally, she served as district governor of rotary district 7390 in 2006-2007. When Ms. Black arrived at The Foundation, the assets totaled approximately $5 million. At the end of 2016, The Foundation assets were approximately $81 million.

Number of employees

Source: IRS Form 990

THE FOUNDATION FOR ENHANCING COMMUNITIES

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.

THE FOUNDATION FOR ENHANCING COMMUNITIES

Board of directors
as of 04/24/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Dr. Carolyn Dumaresq

Community Volunteer

Term: 2018 - 2023


Board co-chair

Mr. Robert Caplan

River Wealth Advisors

Term: 2018 - 2023

Dr. Carolyn Dumaresq, Ed. D.

Community Volunteer

Robert E Caplan

River Wealth Advisors

L. Renee Lieux

McNees Wallace & Nurick, LLC

David D Klopp

Hershey Entertainment & Resorts

Esmeralda Y Hetrick

Community Volunteer

Susan Simms Marsh

PA American Water

Dave Kutz

Community Volunteer

David J Manbeck, CPA

Boyer and Ritter, LLC

Judy S Blust

Community Volunteer

Robert C Grubic

Herbert Rowland & Grubic, Inc.

Amanda M Owens

Capital Blue Cross

Beth Ann Hancock

Deep Water Point

Romeo Azondekon

Central Pennsylvania College

Cydnee Cohen

Marlene Kanuck

Todd Snovel

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? Yes

Organizational demographics

SOURCE: Self-reported; last updated 3/15/2022

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

Gender identity

 

Sexual orientation

Disability

Equity strategies

Last updated: 03/15/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.