Financial Information

The assets of The Columbus Foundation are held in more than 2,000 charitable funds and 29 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 2012, assets totaled $1.52 billion.

GIFTS
In 2012, donors made $326.4 million in contributions to new and existing funds and Supporting Foundations. This was the highest year in the Foundation’s history for outright gifts. Nearly 5,600 individuals, families, and businesses made gifts to the Foundation and 142 new funds were created, each with a unique philanthropic focus.

GRANTS
In 2012, grants paid to nonprofit organizations from the Foundation and its donors totaled $96.6 million. This included more than $1.65 million in scholarships to 734 students. Since its first grantmaking year in 1945, the Foundation and its donors have made nearly a half a million grants totaling more than $1.37 billion to a wide range of nonprofit organizations.

PLANNED GIVING
Future planned gifts known to the Foundation on December 31, 2012, totaled $843.7 million. Last year, the Foundation was informed by donors of 35 new planned gifts with projected value of $23.2 million.


FINANCIAL STATEMENTS
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, 2012, and 2011 (PDF)

NATIONAL STANDARDS
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.

 

National Standards

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