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Truman Heartland Community Foundation

Independence, MO · EIN 43-1482136 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Truman Heartland Community Foundation reported $15.0 million in revenue and $8.7 million in expenses for calendar year 2024. Of every $100 it spent, $91.27 went to program services, $6.28 to management and general costs and $2.45 to fundraising. Its largest source of revenue was contributions and grants: 71.0% of the total. The highest compensation it reported for one person was $187,609 (PRESIDENT/CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 37% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $8.7M

For 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 2024 · Form 990, Part VIII · total revenue $15M

Other revenue was negative: −$2,822. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.3%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
6.3%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.4%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
71.0%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
7.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$187,609$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.14%1.56%
People paid over $100,000
Part VII, line 2
23
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
113.756.6
Independent voting board members
Part VI 1a–1b
27 of 27100.0%

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

2024 · Form 990, Part III · the three largest programs by expense
$8.0M expenses · 100.0% of program spending · grants $6.8M · revenue $1.0M

Truman Heartland Community Foundation (thcf), with $104.7 million in assets, has been a key player in promoting private giving for the public good in suburban eastern jackson, cass, and lafayette county communities for more than 40 years. Once again the foundation saw a record amount of generosity through donor advised fund (daf) grants, competitive grants, and scholarship funds. In 2024, the total grants and scholarship payments from all funds totaled nearly $9 million, marking a $1.6 million increase from the previous year. In 2024, thcf achieved a new record in scholarships with awards of…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Officer, 40.00 hrs/week
$174,402$0$13,207$187,609
CFO
Officer, 40.00 hrs/week
$110,900$0$5,717$116,617

2 people received more than $100,000 in reportable compensation from Truman Heartland Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $318K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$15M$8.7M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$15M$8.7M91.3%$83M$187,609
2023 ⓘ$14M$7.6M89.3%$72M$171,541
2022 ⓘ$11M$12M94.1%$59M$183,845
2021 ⓘ$26M$6.8M91.2%$71M$164,840
2020 ⓘ$11M$6.8M91.4%$49M$164,027
2019 ⓘ$11M$6.2M90.2%$42M$158,043

Governance answers, as filed

2024 · 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–1b27 · 27 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 4Yes
  • 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 59
  • Volunteers Part I, line 6434

Private foundation grants it received

5 private foundations reported grants to Truman Heartland Community Foundation totaling $195K 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 Truman Heartland Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Truman Heartland Community Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Truman Heartland Community Foundation's spending goes to programs?

In calendar year 2024, Truman Heartland Community Foundation reported that 91.3% of its $8.7 million in expenses went to program services, 6.3% to management and general and 2.4% to fundraising (Form 990, Part IX).

How much does Truman Heartland Community Foundation pay its top executive?

The largest total compensation Truman Heartland Community Foundation reported for one person in calendar year 2024 was $187,609, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Truman Heartland Community Foundation get its money?

Of $15.0 million in revenue in calendar year 2024, 71.0% came from contributions and grants and 7.0% from program service revenue (Form 990, Part VIII).

Is Truman Heartland Community Foundation a registered charity?

The IRS lists EIN 43-1482136 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. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503169349309125 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403189349304525 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349320210 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223199349325732 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349309942 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003219349321865 · read the filing

All filings for EIN 43-1482136: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.