Huron County Community Foundation 2023 Annual Report

UNRESTRICTED FUNDS FundForHuronCounty Anonymous • Nicole Jones • Nobil’s Sports & Trophies • Tom Paffenbarger • John & Carol Payne • Paul & Jan Phillips • Karen Sharpnack • Joseph &Michele Skinn • In Memory of Wayne Dalton: Jane Dalton • In Memory of Mary Wilkinson: Roger Wilkinson FIELD OF INTEREST FUNDS Conway,Olak,Molek CompanionAnimalCareFund Kathy Conway-Molek BerthaL.MeadFund Anonymous SCHOLARSHIP FUNDS NorwalkLionsClubScholarshipFund forSt.PaulHighSchool Norwalk Lions Club Payne,Nickles&Co.Accounting ScholarshipFund Payne, Nickles & Co. DONOR ADVISED FUNDS Raymond&MarjorieChapinFamilyFund Infinity Charitable Trust • Lake Erie Construction Company DavisFamilyEndowmentFund Brad & Sarah Davis • Edward Jones WilliamD.KalfsFundforHCCF William D. Kalfs George&MargaretSweetingLegacyFund In Memory of George &Margaret Sweeting: Zach Jones • Roger Sweeting JoshuaWeisenbergerLegacyFund In Memory of Josh Weisenberger: Stephen D. Adams • Bonita Anderson • David Ball • BaŠles Insurance Agency, Inc. • Joseph M. Bibb • BreŠ & Rebecca Conklin • Douglas & Mary Jo Davis • Frank &Miranda Edwards • J. Fannin & Sons Construction • Ray & Ellen Fannin • Elizabeth Jacobson Fox • Mark & Carolyn Gagyi • Susan Kramer • Robert & Karen OŠ • James & Rhonda Palmer • Thomas S. & Kathleen M. Patrick • BriŠany PickeŠ • John &Wendy PickeŠ • Prestige Pools, Inc. • Carol Puder • Will & Kelly Snyder • Michael & Kelly Stoll • Strategic Solutions • Susan Suhanic • James C. Todd • Seth & Tess Todd • Bill & Brenda Toney • Timothy & Peggy Weisenberger • Willow Brook Farms DESIGNATED FUNDS ClothingBankofNorwalk EndowmentFund The Clothing Bank of Norwalk FirstPresbyterianChurchofNorwalkFund Infinity Charitable Trust HuronCountyCommunityFoundation AdministrativeEndowmentFund Denny & Sheila Camp • Raymond & Marjorie Chapin • Infinity Charitable Trust • Missler Financial Services Ltd. • Patrick J. Nolan • John & Carol Payne • Karen Waag Sharpnack HuronCountyHumaneSocietyFund Michael & Georgia A. Bobryk • Darlene Nosack NorwalkAreaContractorsFieldFund Brad & Sarah Davis NorwalkCatholicSchools ThomasR.OlakMemorialScholarship Kathy Conway-Molek • Robert & Karen OŠ • In Memory of Joel Hipp: Kathy Conway-Molek & Family NorwalkCitySchools EndowmentAcademicGrantsFund John & Carol Payne NorwalkCitySchoolsEndowmentFund Anonymous • American Timber & Steel Co., Inc. • Civista Bank • Bradley E. Cooley • Scot & Tina Davidson • Eastman’s Funeral Home • K & J Flickinger Insurance Agency • Geotrac Charitable Foundation • Edward & Dorothy Herman • Patrick Kania • James D. Kasten, M.D., Inc. • Norwalk Concrete In- dustries, Inc. • Paul & Jan Phillips • Norma Schaechterle • Sommers & Loch DDS, Inc. • Sandra Stewart • Don Tester Ford-Lincoln • Tanja J. Thomas NorwalkCitySchoolsEndowmentFund- M.L.Ba‰les IIIMemorialScholarship BaŠles Insurance Agency, Inc. NorwalkCitySchoolsEndowmentFund- Harold&AdeleChristelScholarship In Memory of Harold Christel: Vera Albright • BaŠles Insurance Agency, Inc. • Thomas Christel • Judy Emmons • Kelly Fanning • Kathryn Horgan • Jean I. King • Rebecca Reichardt • MaŠhew Schamroth • James Smothers • Janice Van Ummersen NorwalkCitySchoolsEndowmentFund- Classof1972LegacyScholarship Becky Albright • Ken & Tania Bergstedt • Sharon (Geer) Christie • James & Barbara Ewell • Daniel &Marcia (Downer) Fleming • Deborah Helton • Susan Heyman • James A. Holb • Ann Jones • Lorna Koehn • ScoŠ Kullman • JeffMcDonald • Tom Paffenbarg- er • Marilyn Preston • Suzanne Riley • Celeste Tucker • Michael D. Wilde • John & Jane (Silcox) Williams, Jr. • Susan Yslas • In Memory of Jim Ewell: Michael D. Wilde • In Memory of Michael Simmons: Donald & Wendy Shannon NorwalkCitySchoolsEndowmentFund- DylanFlewMemorialScholarship In Memory of Dylan Flew: Raymond & Marjorie Chapin Family Fund • Northern Ohio Truck Center NorwalkCitySchoolsEndowmentFund- ErnsthausenPerformingArtsCenterFund Oglesby Construction, Inc. NorwalkCitySchoolsEndowmentFund- MikeGordonScholarship In Memory of Mike Gordon: Anonymous • Aundrea Gordon NorwalkCitySchoolsEndowmentFund- RachelHippScholarship In Memory of Joel Hipp: Steven & Sharon Linder NorwalkCitySchoolsEndowmentFund- Alli JoKurdinatMemorialScholarship Heather Armstrong • Alli Jo Kurdinat Memorial Scholarship NorwalkCitySchoolsEndowmentFund- NorwalkLionsClubScholarship Norwalk Lions Club NorwalkCitySchoolsEndowmentFund- OglesbyConstructionScholarship Oglesby Construction, Inc. NorwalkCitySchoolsEndowmentFund- BrentSellersScholarship Mary A. Bauer NorwalkRotaryFund Rotary Club of Norwalk ReachOurYouth (ROY)Fund Ruth Ann Emerick SecondHarvestFoodBank HuronCountyFund In Memory of Bert Fannin: Joseph & Christine Fannin HunterFamilyScholarshipFund ofSouthCentralSchool Gary & Janis Hunter SouthCentralSchoolEndowmentFund- OneyFamiliesScholarship Gerald & Connie Oney • In Memory of Mitchell Oney: Shirley Oney WakemanFriendsoftheLibraryFund Wakeman Friends of the Library • In Memory of Sherrill Seeley: Dr. David &Mary Jo Ockenga WesternReserveSchools EndowmentFund Stephen Adams • Bonita Anderson • Jackie Baum • Timothy Bray • Jennifer Cairns • Jane Dalton • Sandy Dillon • Libby French • Thomas & Brenda Friend • Mark & Carolyn Gagyi • Kathy Gastier • Christine Harper • Debra Henry • Oswald & LieseloŠe Kinat • Shirley Klimczak • Thomas &Marilyn Knechtges • David &Marjorie Knoll • Karen Lane • Zoe McCoy • Elizabeth McKernan • Nobil’s Sports & Trophies • Northern Ohio Truck Center, Inc. • Dr. David &Mary Jo Ockenga • Robert & Karen OŠ • Jeff & Carol Puder • Lee Rowlinson • Albert &Mary Ann Sakacsi • Meaghan Schrader • Toni Slanczka • Marvin Smith • Margaret Stevens • Ann Todd • Roger & Nancy Wallace • Western Reserve Schools Endowment • Rodge Wilson • In Memory of Buggs L. Butler: Michael & Jill Eversole Nolan • I n Memory of Wayne Dalton: Jane Dalton • In Memory of Valerie French • Michael & Jill Eversole Nolan • In Memory of Sandra Klingelsmith: Bonita Anderson • In Memory of Kory Michael Tubbs: Bonita Anderson • Dale & Rita Daniels • Eric & Michelle Wyers WesternReserveSchools VicBarsonTrustScholarshipFund Victor Barson Estate • Paul Brookover • Don & Cheryl Fannin • John Scheerer WesternReserveSchools DianeChairezScholarshipFund Bonita Anderson • James & Rhonda Palmer • Martha Shafer • In Memory of Sandra Klingelsmith: Bonita Anderson WesternReserveSchoolsWayne& Jane DaltonAgriculturalScholarshipFund Jane Dalton • John Scheerer WesternReserveSchools 4-HScholarshipFund G. Fred & Rebecca F. Albright • Don & Cheryl Fannin • Maureen Hunter • Linda Linder • Thomas S. & Kathleen M. Patrick WesternReserveSchoolsLynnK. Johnson DelMedicoMemorialScholarshipFund Don & Cheryl Fannin • Duane & Jackie Johnson • Steven & Kathleen Nošz • Todd &Maureen Ringle • Eric & Lisa Robson • Norman Robson • Nicholas & Katie Stefanski • Heather Lombardi Stewart • In Honor of Vern & Jen Everts: Christina Canfield WesternReserveSchools WilliamL.OmmertScholarshipFund Don & Cheryl Fannin WesternReserveSchoolsStober CommunityServiceScholarshipFund Caroll & Linda Butler • John Scheerer WesternReserveSchools Tom&Be‰yWheelerScholarshipFund Don & Cheryl Fannin • Lee Nagel HCCF Donors from January 1 – December 31, 2023 ASSETS 12/31/2022 12/31/2023 Cash and Cash Equivalents 58,585 94,246 Investments at Fair Value 6,626,483 8,112,295 Total Assets $ 6,685,068 $ 8,206,541 LIABILITIES AND NET ASSETS Grants Payable and Other Liabilities 282 97 Agency Endowments 2,050,786 2,251,090 Total Liabilities 2,051,068 2,251,187 Net Assets 4,634,000 5,955,354 Total Liabilities and Net Assets $ 6,685,068 $ 8,206,541 REVENUES Contributions and Other Support 359,544 994,632 Investment Revenue and Gains/(Losses) (589,463) 982,915 Total Revenue $ (229,919) $ 1,977,547 EXPENSES Grants 253,166 223,497 Program and Other Expenses 92,637 222,391 Total Expenses $ 345,803 $ 455,659 Increase/(Decrease) in Net Assets $ (575,722) $1,521,659 The 2022 information is derived from the financial statements reviewed by Barnes Wendling, CPAs. The 2023 information is derived from the Community Foundation’s internal financial reports. Copies of the most recent IRS Form 990 and the Community Foundation’s reviewed financial statements are available upon request. Statement of Financial Position