Financial Information
As the tenth largest community foundation in the United States, The Columbus Foundation and affiliate’s assets totaled $1.06 billion as of December 31, 2010. These assets are held in 1,835 funds, 30 supporting foundations, and one state-wide affiliate.
In 2010, donors created 94 new funds and the Foundation received 5,036 gifts made to new and existing funds totaling $96.1 million, with an average gift of $27,277.
Grants paid since 1945, the Foundation’s first grantmaking year, totaled more than $1.2 billion, providing support for programs in the arts and humanities, conservation, education, health, community development, and social services. The Foundation distributed $96.1 million in grants in 2010.
Donors continue to include the Foundation in their future charitable giving plans. Planned gifts to the Foundation now total $825.1 million; 44 new planned gifts totaled $65.8 in 2010.
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, 2010, and 2009.
2010 Combined Financial Statements (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.
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