Harrison County Community Foundation

What it reported doing in 2025

Harrison county community foundation (hccf) and the harrison county community foundation supporting organization (hccf so) have a unique history. In a riverboat gaming development agreement dated may 15, 1996, rdi/caesars riverboat, llc agreed with the harrison county, Indiana, government to provide $5,000,000 to create the foundation. The agreement also provided for a continuing transfer of contributions from the casino to the community foundation beginning in 2000. To meet the public support test and continue operating as a public foundation, the supporting organization (hccf so) was established. This hccf so is a public benefit corporation organized and operated exclusively to benefit, perform, and carry out the exclusively public, charitable, scientific, educational, and other purposes of the harrison county community foundation, inc. The board of directors of hccf so is comprised of the same sitting board of directors, including officers, as hccf.the mission of the harrison county community foundation is to inspire and assist everyone to experience philanthropy, producing positive and sustainable growth in harrison county. Hccf's vision is to grow harrison county into the best community to live, work, and raise a family. Hccf values generosity, integrity, sustainability, stewardship, innovation, collaboration, inclusion, and excellence.ongoing contributions from the casino are based on a percentage of gaming revenue and are split between two accounts in the supporting organization. The majority, 75%, goes into the harrison county community fund, which the county government uses to support its programs and projects. The remaining 25% is used by the foundation to fund its programs and projects, such as grant-making and matching gifts. Due to the unrestricted contributions from caesars southern Indiana, hccf and hccf so have undertaken several ambitious projects over the years.additional hccf so grants include:-align southern Indiana - $20,000 to support regional work in southern Indiana.-boys & girls club in palmyra - $2,500,000 to support the boys & girls club project in palmyra.-community action of southern Indiana (casi) - $7,250 to expand services for harrison county residents.-harrison county emergency management agency - $260,700 for the installation and one-year subscription cost of centegix safety system in all harrison county schools.-harrison county substance abuse prevention coalition - $37,000 for renovation of a third genesis house location.-lanesville heritage weekend - $75,000 for renovations at the lanesville community center building.-lincoln heritage council, boy scouts of america - $2,500 to purchase camping gear and support an outing for the new cub scout pack in corydon.-rehoboth presbyterian church - $42,000 to restore and replace historic stained-glass windows.-south harrison community development corporation - $77,180 to support repairs to the south harrison community center.-society of st. Vincent de paul archdiocesan council of indianapolis - $26,000 to provide harrison county residents with basic needs assistance.-town of palmyra - $18,000 to support the palmyra water infrastructure utility plan.jump start preschool hccf so awarded $399,685 to fund preschool programs that address kindergarten readiness for children from low-income families. Hccf also coordinates with the state of Indiana's on my way prek program to reach as many eligible families as possible. Multiple sites are available throughout the county. Documented research demonstrates this preschool opportunity is making a positive difference.dual credit hccf so awarded $118,500 to school corporations for harrison county high school students to participate in approved college dual credit classes.scholarshipssince 1998, hccf so has provided funding for scholarships. Graduating high school student scholarship recipients are selected by a universal scholarship committee, which is comprised of community volunteers, past hccf board members, one

Financial Efficiency

• Mission deployment rate: 61.6%; rating input score 62
• Program expense ratio: 100%; rating input score 100
• Fundraising efficiency: $97,039.94 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

• Consistency checks: 91.7%; rating input score 92; 9th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.8%; rating input score 100; 47th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: No; rating input score 0

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 54.1%; rating input score 93; 93rd percentile among comparable filings
• Total-asset coverage ratio: 34.75; rating input score 98; 98th percentile among comparable filings
• Liabilities to assets ratio: 0.69; rating input score 15; 15th percentile among comparable filings
• Officer compensation ratio: 0.4%; rating input score 90; 90th percentile among comparable filings

Growth

• Program expense growth: 2.3% per year; rating input score 100; 19th percentile among comparable filings
• Revenue growth: 1.9% per year; rating input score 100; 14th percentile among comparable filings
• Asset growth: 7.3% per year; rating input score 100; 53rd percentile among comparable filings