Lancaster County Community Foundation

What it reported doing in 2024

The lancaster county community foundation served lancaster county residents in 2024 by providing funds for community benefit organizations (not-for-profits) and programs through its "extragive" program, its discretionary impact strategies, and its overall "grantmaking" program. The community foundation awarded a total of $15.0 million in total grant dollars to community benefit organizations in 2024.approximately 56.7% of total grant dollars, or $8.5 million, were invested in the community through the "extragive," a one day online giving campaign aimed at boosting philanthropic giving in lancaster county. The program included community donations of $8.0 million with a stretch pool and prizes of over $526,000 from the community foundation and sponsors. 444 community benefit organizations received grant funding as a result of this program.approximately 10.2%, or $1,500,000, of total grant dollars (71 grants), enhanced by additional expenditures in non-grant allocations and expenses of $330,000, were invested in the community via the discretionary impact strategies. These include the "building bridges and "building equity" strategies that seek to enhance equity and inspire connection within our community, and the 100th anniversary strategy that focused on health and well being, creative expression, the next generation and our planet.approximately 33.3% or $5.0 million of total grant dollars were invested through its grantmaking program to community benefit organizations in the form of over 500 grants. Such grants were derived from donor advised funds, scholarship funds, field of interest funds, and designated funds.

Financial Efficiency

• Mission deployment rate: 92.1%; rating input score 92
• Program expense ratio: 94.2%; rating input score 94
• Fundraising efficiency: $45.13 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 98.9%; rating input score 99; 31st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 18.6%; rating input score 81; 81st percentile among comparable filings
• Total-asset coverage ratio: 9.47; rating input score 91; 91st percentile among comparable filings
• Liabilities to assets ratio: 0.11; rating input score 72; 72nd percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 7% per year; rating input score 100; 55th percentile among comparable filings
• Revenue growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings
• Asset growth: 12.7% per year; rating input score 100; 75th percentile among comparable filings