EIN 92-0139183

Homer Foundation

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Homer
State
Year formed
1991
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Homer Foundation aims to enhance the quality of life for citizens in the greater Homer area by promoting philanthropic and charitable activities. It operates a community chest that benefits the Homer community food pantry's emergency non-food aid for individuals in need, as well as a grants program designed to support tax-exempt organizations providing programs and services within the city of Homer. The foundation is located in Homer, AK.
Total revenues
$1,174,483
2023
Total expenses
$680,341
2023
Total assets
$5,932,058
2023
Num. employees
4
2023

Program areas at Homer Foundation

Quick response grants: year round grants program to support charitable activities in the community. 86 grants were awarded to 43 different nonprofits in our area.
Scholarships: 23 scholarships to support area students in their post- secondary education. These scholarships varied between 1,000-8,000
City of Homer grants program: the city of Homer and the Homer Foundation have an agreement to allocate general operating dollars to area nonprofits through a competitive grants rpocess. This year, 13 organizations received support through this program with grants between 3,500 and 1,000.
All other programs.

Grants made by Homer Foundation

GranteeGrant descriptionAmount
The SPARCFlooring$36,000
Homer Community Food PantryEmergency Aid$32,086
Kenai Peninsula Fair AssociationSound Upgrade$10,000
...and 9 more grants made

Who funds Homer Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Arthur M James Family FoundationUnrestricted Charitable Purposes$131,000
Alaska Community Foundation (ACF)Operational Support$41,076
M J Murdock Charitable TrustNew Development Staff$34,000
...and 6 more grants received

Personnel at Homer Foundation

NameTitleCompensation
Stacey SchultzExecutive Director
Jennifer GibbinsDirector of Development and Marketing
Lauren SeatonOffice and Program Manager
Michael MillerPast Executive Director$64,160
Denise PitzmanPresident$0
...and 7 more key personnel

Financials for Homer Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,056,538
Program services$0
Investment income and dividends$120,314
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,981
Net income from fundraising events$-1,075
Net income from gaming activities$0
Net income from sales of inventory$687
Miscellaneous revenues$0
Total revenues$1,174,483

Form 990s for Homer Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-15990View PDF
2021-062022-03-29990View PDF
2020-062021-05-20990View PDF
2019-062020-09-22990View PDF
...and 9 more Form 990s
Data update history
July 21, 2024
Updated personnel
Identified 3 new personnel
July 16, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2024
Received grants
Identified 3 new grant, including a grant for $19,031 from Rasmuson Foundation
December 26, 2023
Received grants
Identified 3 new grant, including a grant for $41,076 from Alaska Community Foundation (ACF)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Human servicesChildrenCommunity improvementHunger
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
PO Box 2600
Homer, AK 99603
County
Kenai Peninsula Borough, AK
Website URL
homerfoundation.org/ 
Phone
(907) 235-0541
IRS details
EIN
92-0139183
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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