Stats and Finances

Community Foundation of Lorain County by the Numbers

The Community Foundation of Lorain County is built on a promise to promote philanthropy, to invest in our community, to wisely protect that investment, to use the fruits of our investment to improve the quality of life, and to provide leadership in our journey toward the future.

$150M
in Assets
Fiscal Year 2023

743
Endowment
Funds

$6.2M
Annual Grants
& Scholarships

6.1%
10 Year Return
on Investment

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Accredited by the National Standards for U.S. Community Foundations

In 2005, the Community Foundation of Lorain County became the first community foundation to be accredited by the National Standards for U.S. Community Foundations. The accreditation seal affirms that we continue to meet and exceed federal and state law requirements in practice and by policy.

National Standards Seal

Financial Reporting

Our finance team and Investment Committee work extremely hard to preserve the portfolio’s purchasing power through asset growth in excess of the spending policy plus the rate of inflation. They continually strategically invest assets in order to maximize long-term growth of capital without undue exposure to risk.

Independent Auditor’s Report and Financial Statement

Foundation Facts Disclosure Sheet and Investment Policy Summary

IRS Form 990 – 2021

 

 

Charitable Solicitation Disclosure

The Community Foundation of Lorain County complies with charitable solicitation laws in the states in which our donors reside.  See below for details as required for specific states.

THE COMMUNITY FOUNDATION OF LORAIN COUNTY MEETS ALL REQUIREMENTS SPECIFIED BY THE FLORIDA SOLICITATION OF CONTRIBUTIONS ACT. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE 800-435-7352 WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. DEPARTMENT OF AGRICULTURE AND CONSUMER SERVICES NUMBER CH793

Financial information about this organization and a copy of its license are available from the State Solicitation Licensing Branch at 919-814-5400. The license is not an endorsement by the State.