Community Foundation of Howard County

KOKOMO, IN EIN: 35-1844891 Website

The Community Foundation of Howard County (CFHC) is a 501(c)(3) nonprofit public charity established in 1991 in Kokomo, Indiana. The foundation serves as a grantmaking organization and steward of charitable assets, functioning as the largest single grant-maker in Howard County. CFHC operates as a community foundation housing more than 600 funds representing a broad range of donor and community interests. The organization was founded with $10,000 in startup funding from the United Way of Howard County in 1989 and was officially incorporated on March 6, 1991.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$122.9M

+8.6% YoY

Annual Giving

$3.5M

+18.6% YoY

Grant Count

+11.4% YoY

Avg Grant Size

$35K

+6.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: Inspiring lifelong giving and connecting people, places and organizations to worthy causes across Howard County and beyond.

The foundation's core purpose is to improve the quality of life in Howard County primarily through endowment building and coordinated grant-making services. CFHC is committed to building a vibrant, compassionate and engaged Howard County community by encouraging local philanthropy and offering individuals, families and businesses tax-efficient ways to impact their community through charitable giving.

Primary Focus Areas:

Social Services (support of human service organizations, programs for children and youth, and services to the aged)
Scholarship Funds (administering various scholarships with specific eligibility criteria established by donors)
Arts and Culture
Youth Development
Community Development

Grantmaking

CFHC operates a donor-advised fund structure, allowing donors to direct the distribution or investment of funds. The foundation invests contributions from donors and uses part of the earnings to make grants to 501(c)(3) nonprofit organizations improving quality of life in the communities served.

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Geographic Focus

Where this funder awards grants

The Community Foundation serves Howard, Carroll, and Clinton Counties in Indiana. The foundation maintains separate entities for Carroll County Community Foundation and Clinton County Community Foundation to serve those areas.

Grant Distribution by State

Indiana $9.7M (99%)

California $75K (1%)

Missouri $15K (0%)

Arizona $7K (0%)

Georgia $6K (0%)

States

Arizona California Florida Georgia Indiana Minnesota Missouri Tennessee

Cities

BloomingtonBrentwoodBrookstonBurlingtonCamdenColfaxConverseDelphiElkhartEvansvilleFishersFloraForestFrankfortGarrettGreentownIndianapolisKennesawKirklinKokomo

Financial History

Multi-year comparison from IRS filings

As of December 2023:

Total Assets: $113 million
Annual Revenue: $6.31 million
Annual Expenses: $5.26 million
Total Liabilities: $3.24 million

The foundation maintains a four-star rating with a 97% overall score based on accountability, finance, culture, and community metrics.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$122,899,959	$113,126,854	$103,058,908
Revenue	$10,777,861	$6,307,635	$8,113,696
Expenses	$5,876,529	$5,263,763	$4,090,286
Qualifying Distributions	—	—	—
Net Investment Income	$6,254,081	$3,077,309	$3,635,049
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

250 grants across all recorded years

Open Grants

4 open opportunities from Community Foundation of Howard County

Show all 4 →

Foundation

Collaborative Impact Grant Program

COMMUNITY FOUNDATION OF HOWARD COUNTY

Amount

Varies; examples include $150,000 over three years and $50,000 one-time

Deadline

Rolling / Open

One-time

Foundation

Community Impact Grants

COMMUNITY FOUNDATION OF HOWARD COUNTY

Amount

Varies by project

Deadline

Rolling / Open

Foundation

General Grants

COMMUNITY FOUNDATION OF HOWARD COUNTY

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

President: Todd Moser
Chief Financial Officer: Sherry Hayes

The organization is governed by a local volunteer Board of Trustees and operated by professionals with expertise in assessing community needs, working with donors, and managing charitable assets.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TODD MOSER	PRESIDENT	40	$103,732
AL JACKSON	DIRECTOR	1	—
ARNOLD STONE	DIRECTOR	1	—
BOB HICKMAN	DIRECTOR	1	—
CELESTINE JOHNSON	DIRECTOR	1	—
IRENE ROLLAND	DIRECTOR	1	—
ISABELLA CHISM	DIRECTOR	1	—
JACK HINGST	DIRECTOR	1	—
JOE DUNBAR	DIRECTOR	1	—
LAURA O'DONNELL	DIRECTOR	1	—
LINDA FERRIES	DIRECTOR	1	—
MARY BAKER	DIRECTOR	1	—
MEGAN SHEETS	DIRECTOR	1	—
MIKE SARGENT	DIRECTOR	1	—
STEVE CURRENS	DIRECTOR	1	—
TOM MIKLIK	DIRECTOR	1	—
TERESA DEVAUL	CHAIR	2	—
AMY PATE	VICE CHAIR	2	—
AARON SMITH	SECRETARY/TREASURER	2	—
DAVID OWEN	PAST CHAIR	2	—

Recent News & Activity

Recent developments and announcements

2025

The foundation has announced 2025 Community Grants, with recipients and award amounts to be determined. Recent grant announcements include awards for collaborative impact initiatives totaling nearly half a million dollars. The foundation conducted 2024 Community Conversations to assess community needs and priorities.

CFHC Announces 2025 Community Grants

The organization operates as a proud member of the National Standards for Community Foundation and continues to grow its grant-making capacity and donor base.

Community Foundation of Howard County Announces Recipients of ...