GREATER LAFAYETTE COMMUNITY FOUNDATION Charity Report

Public IRS 990 nonprofit record

GREATER LAFAYETTE COMMUNITY FOUNDATION

EIN 23-7147996 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

THE MISSION of THE COMMUNITY FOUNDATION of GREATER LAFAYETTE is to INSPIRE, NUTURE, and PRACTICE PHILANTHROPY, STEWARDSHIP, and LEADERSHIP IN THE COMMUNITIES WE SERVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

34.31%of revenue went to mission work85.1% of expenses · Program services

3.01%of revenue went to fundraising7.5% of expenses

$40.30spent for every $100 of revenueRevenue covered expenses this year.

2.97%of revenue went to management and office costs7.4% of expenses

$21.02in assets for every $1 spent this yearSome assets cannot be spent right away.

49.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $225,619 for WILLIAM DAVID LASATER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,176,108

Mission workProgram services$4,177,63034.31% of revenue85.1% of expenses

ManagementOffice and general costs$362,1192.97% of revenue7.4% of expenses

FundraisingAsking for donations$367,0523.01% of revenue7.5% of expenses

Total expenses$4,906,80140.30% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202485.1% mission

202382.9% mission

202282.2% mission

202177.3% mission

202079.3% mission

201979.6% mission

201877.9% mission

201777.6% mission

Money in and money out

Revenue$12,176,108

Expenses$4,906,801

Annual surplus $7,269,307 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,177,630 · 85.1% of expenses

Management and office costs$362,119 · 7.4% of expenses

Fundraising$367,052 · 7.5% of expenses

See all reported dollar amounts

Revenue$12,176,108

Expenses$4,906,801

Assets$103,140,840

Income$16,180,914

Contributions$6,042,179

Mission work (program services)$4,177,630

Fundraising$367,052

Grants given$15,577,448

Average grant$27,620

Management and general$362,119

Executive compensation (total)$181,308

Stocks and bonds$99,371,430

Accounting fees$23,456

Investing fees$204,123

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WILLIAM DAVID LASATERPRESIDENT · 40 hrs/week $225,619Base $201,017 · Other $24,602

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

WILLIAM DAVID LASATERPRESIDENT

BRENDA CLAPPERVICE CHAIR

CASEY SPENCERDIRECTOR

GREG SMITHDIRECTOR

JAMES KEENEDIRECTOR

JASON WAREDIRECTOR

JEANNE GERNHARDTDIRECTOR

JIM GOTHARDTREASURER

KARISSA MOONEYDIRECTOR

SHAWN GREINERDIRECTOR

SHEILA COCHRANSECRETARY

STEVE SCHULTZCHAIR

UMESH PATELDIRECTOR

About this charity

Recognized since: January 1972
Location: 300 MAIN STREET SUITE 100, LAFAYETTE, IN 479011327
County: Tippecanoe
In care of: WILLIAM DAVID LASATER
Primary officer: WILLIAM DAVID LASATER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinfo@inspiringgreater.org Phone(765) 742-9078

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: HUTH THOMPSON LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes