The assets of The Columbus Foundation are held in more than 2,000 charitable funds, 28 Supporting Foundations, and one statewide affiliate. Among more than 750 community foundations in the United States, The Columbus Foundation ranks seventh in market value of assets. In 2013, assets totaled $1.7 billion.
In 2013, donors made $107.3 million in contributions to new and existing funds and Supporting Foundations. Nearly 14,400 gifts from individuals, families, and businesses were made to the Foundation and 152 new funds were created, each with a unique philanthropic focus.
In 2013, grants paid to nonprofit organizations from the Foundation and its donors reached an historic all-time high, totaling $160.6 million. This included more than $1.7 million in scholarships to 759 students. Since its first grantmaking year in 1944, the Foundation and its donors have awarded more than half a million grants totaling $1.53 billion to a wide range of nonprofit organizations.
Future planned gifts known to the Foundation on December 31, 2013, totaled $878.8 million. Last year, the Foundation was informed by donors of 39 new planned gifts with projected value of more than $41.9 million.
As a public charity, The Columbus Foundation takes its obligation to operate in the public view and the public interest very seriously. Accordingly, we make available our federal tax return (IRS Form 990 and Form 990-T, if applicable) and our audited financial statements. IRS Form 990 (and Form 990-T, if applicable) are available for public inspection at The Columbus Foundation, 1234 East Broad Street, Columbus, Ohio. The Foundation’s IRS Form 990 may also be viewed at www.guidestar.org. View The Columbus Foundation Combined Financial Statements Independent Auditor’s Report December 31, 2013 and 2012 (PDF).
The Columbus Foundation is in compliance with The Council on Foundation’s National Standards for legal, ethical, and effective operational practices that demonstrate transparency and financial transparency and accountability.