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Heritage Fund - the Community Foundation of Bartholomew County
Heritage Fund - the Community Foundation of Bartholomew County reported $14.7 million in revenue and $8.2 million in expenses for calendar year 2025. Of every $100 it spent, $90.06 went to program services, $5.64 to management and general costs and $4.30 to fundraising. Its largest source of revenue was contributions and grants: 58.7% of the total. The highest compensation it reported for one person was $129,850 (PRESIDENT & CEO - PART YEAR). 4 people received more than $100,000 in reportable compensation. Revenue rose 115% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $8.2MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.1% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.6% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.3% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 58.7% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.4% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $129,850 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.58% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 4 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 162.1 | 56.6 |
| Independent voting board members Part VI 1a–1b | 25 of 26 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseHeritage Fund is the Community Foundation of bartholomew county. The foundation exists solely for the betterment of the community. Its mission is to provide responsible stewardship of gifts donated for broad charitable purposes, to develop leadership to address community issues, to serve as a catalyst for positive change in partnership with others, and to promote philanthropy within the community. Each year, Heritage Fund manages a competitive grants process for over $500,000 in unrestricted dollars from the Community Fund in the areas of opportunity, positive change, community investment…
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO - PART YEAR Officer, 40.00 hrs/week | $122,500 | $0 | $7,350 | $129,850 |
| PRESIDENT & CEO - PART YEAR Officer, 40.00 hrs/week | $120,625 | $0 | $6,338 | $126,963 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $117,520 | $0 | $7,051 | $124,571 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $100,680 | $0 | $6,041 | $106,721 |
4 people received more than $100,000 in reportable compensation from Heritage Fund - the Community Foundation of Bartholomew County (Part VII, line 2). Compensation of current officers, directors and key employees totaled $257K (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b26 · 25 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 511
- Volunteers Part I, line 675
Private foundation grants it received
4 private foundations reported grants to Heritage Fund - the Community Foundation of Bartholomew County totaling $645K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Heritage Fund - the Community Foundation of Bartholomew County's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Heritage Fund - the Community Foundation of Bartholomew County, you can publish a response that is linked from this page.
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Of every $100 Heritage Fund - the Community Foundation of Bartholomew County spent in 2025, $90.06 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Heritage Fund - the Community Foundation of Bartholomew County's spending goes to programs?
In calendar year 2025, Heritage Fund - the Community Foundation of Bartholomew County reported that 90.1% of its $8.2 million in expenses went to program services, 5.6% to management and general and 4.3% to fundraising (Form 990, Part IX).
How much does Heritage Fund - the Community Foundation of Bartholomew County pay its top executive?
The largest total compensation Heritage Fund - the Community Foundation of Bartholomew County reported for one person in calendar year 2025 was $129,850, for the role of PRESIDENT & CEO - PART YEAR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Heritage Fund - the Community Foundation of Bartholomew County get its money?
Of $14.7 million in revenue in calendar year 2025, 58.7% came from contributions and grants and 0.4% from program service revenue (Form 990, Part VIII).
Is Heritage Fund - the Community Foundation of Bartholomew County a registered charity?
The IRS lists EIN 35-1343903 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202602309349302670 · read the filing
- 2024: Form 990 for calendar year 2024, object 202512279349301521 · read the filing
- 2023: Form 990 for calendar year 2023, object 202422269349300312 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322409349301157 · read the filing
- 2021: Form 990 for calendar year 2021, object 202202429349300815 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132399349300513 · read the filing
- 2019: Form 990 for calendar year 2019, object 202032449349301208 · read the filing
All filings for EIN 35-1343903: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.