What Henry County Community Foundation does

Henry County Community Foundation (HCCF) is a 501(c)(3) public charity incorporated on March 15, 1985, and headquartered in New Castle, Indiana. Originally founded as the New Castle/Henry County Community Foundation and renamed in 1993, the organization serves as the sole community foundation of scale for Henry County, Indiana. Its mission is to address the most substantial community needs through grantmaking, scholarships, donor services, and community leadership. HCCF manages nearly $62 million in charitable assets across 603 individual funds and has awarded over $33 million in grants and scholarships to date. It is accredited under the National Standards for U.S. Community Foundations, a credential held by only a subset of community foundations nationwide.

HCCF's core product suite comprises six charitable fund types (Choose Henry Flex Fund, Field of Interest, Designated, Donor Advised, Scholarship, and Agency) with minimums ranging from $5,000 to $25,000, plus structured giving programs including the Seeds of Hope monthly giving plan and full planned-giving services (bequests, gift annuities, charitable remainder and lead trusts). Grantmaking is operated through biannual Spring and Fall Choose Henry cycles, supplemented by TASC youth grants (up to $2,500), Women's Circle of Friends grants, Caine Memorial holiday grants, Teacher Excellence Awards, and a Summer Internship Grant Program (15 hrs/week at $15/hr minimum in 2026). The scholarship ecosystem exceeds 130 distinct opportunities, anchored by the Lilly Endowment Community Scholarship providing full tuition plus $900/year for books and equipment. Technology is minimal: Foundant Technologies provides online grant and scholarship application management; investment management is outsourced to Edward Jones and Prime Buchholz; no proprietary AI or software product exists.

The business model is donation- and investment-driven rather than revenue-generating. Revenue streams consist of donor contributions (cash, appreciated securities, real estate, life insurance, bequests, retirement assets) and investment returns on endowed funds, governed by a 4% annual spending policy. Distribution is purely regional (Henry County, Indiana), with a 7-person full-time staff executing fundraising, donor stewardship, grant administration, and scholarship operations. Customer segments comprise individual donors, nonprofit organizations, students/families, and corporate partners, with no disclosed reliance on a single donor or grantee.

Name

Henry County Community Foundation

Legal name

Henry County Community Foundation, Inc.

Website

https://henrycountycf.org

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Short description

Henry County Community Foundation is a New Castle, Indiana-based 501(c)(3) community foundation managing ~$62 million across 603 charitable funds and awarding grants and 130+ scholarships to address local needs. It serves Henry County donors, nonprofits, and students.

Ownership category

akta.pro rank

Product category

Community Foundation and Philanthropic Services

NAICS

Grantmaking and Giving Services (81321), Grantmaking Foundations (813211), Other Grantmaking and Giving Services (813219)

SIC

Services-Social Services (8300)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industries

College Access, Scholarships & Student Success Nonprofits (BPAGADAE), Family Offices & Philanthropic Advisors (Grantmaking) (BPAGAKAD), Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• Community foundation
• Charitable fund management
• Grantmaking services
• Scholarship administration
• Donor advised funds

Headquarters

HQ city

New Castle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Donor Contributions and Gifts: Receives charitable donations from individuals, families, corporations, and organizations. Contributions support various funds including the Choose Henry Flex Fund, named funds, scholarship funds, and agency endowments. Accepts cash, appreciated securities, real estate, life insurance, bequests, retirement plan assets, and other gift types.
2. Investment Returns on Endowed Funds: Endowed funds are invested and generate returns that support grantmaking and scholarships. Currently, four percent (4%) of the fund balance can be spent annually for the charitable purpose stated in the fund agreement.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

The Henry County Community Foundation manages nearly $62 million in charitable assets across 603 individual donor funds and operates competitive community grant programs twice yearly. It administers more than 130 scholarship opportunities for local students, provides donor services for establishing charitable funds (Choose Henry Flex Fund, Field of Interest, Designated, Donor Advised, Scholarship, and Agency Funds), and offers planned giving and legacy services for individuals, families, and corporate donors supporting Henry County, Indiana.

Product overview

The Henry County Community Foundation operates as a community foundation platform offering a portfolio of charitable fund products and community programs. The core offering includes six types of charitable funds: Choose Henry Flex Fund (unrestricted endowment), Field of Interest Fund, Designated Fund, Donor Advised Fund, Scholarship Fund, and Agency Fund. The foundation also manages multiple grant programs including Community Grants, TASC Youth Grants, Women's Circle of Friends Grants, Caine Memorial Grants, and the Teacher Excellence Award. Its scholarship ecosystem encompasses over 130 scholarship opportunities plus the Lilly Endowment Community Scholarship Program. The foundation supports planned giving through various estate planning instruments and publishes regular reports and newsletters for transparency.

Differentiator

Problem solved

Functional benefit

Products and services

• Choose Henry Flex Fund Unrestricted endowment fund providing flexible grantmaking to address the most critical and evolving needs in Henry County. Minimum $5,000 to establish, with five years to reach the minimum.
• Field of Interest Fund

Quantifiable outcome

• $62 million in charitable assets managed for the community
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Ivy Tech Community College - Henry County CampuscoreStrategic or Co-development PartnerPartnership to support Henry County Ivy Tech campus including $300,000 grant for the Medical Wing and ongoing support through Henry County Education Fund for technical certificate completion. The Foundation partnered with Henry County Hospital Foundation and 6 couples to grant the Medical Wing.
• Henry County Hospital FoundationcoreStrategic or Co-development PartnerJoint partnership to establish the Medical Wing at the new Henry County Ivy Tech campus. Combined resources with 6 couples to support healthcare education infrastructure.
• mkw+co (Molly Whitehead)minorImplementation/ SI/ Consulting PartnerBoutique consulting firm led by Molly Whitehead providing Nonprofit Learning Series programming. Specializes in strategic planning, executive coaching, marketing, and custom solutions for nonprofits.
• Foundant TechnologiescoreTechnology or IntegrationOnline grant and scholarship application management platform used for all HCCF grant applications and scholarship processes.
• Indiana Office of Community and Rural AffairsminorStrategic or Co-development PartnerState agency overseeing the Stellar Community designation program. New Castle, Knightstown and Henry County were named regional finalists for Stellar Community status in 2019.

Scale indicators11 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• Blackford County Community Foundation: Smaller Indiana community foundation providing DAF and scholarship administration in a rural county — a useful down-market peer for understanding the lower bound of AUM and program scale in the Indiana community-foundation peer group.
• Madison County Community Foundation: Indiana-based community foundation serving a comparable rural geography with parallel fund types, scholarship programs, and GIFT participation. Strong regional peer for benchmarking grantmaking and donor services execution.
• Hendricks County Community Foundation: Indiana community foundation operating parallel fund and scholarship programs under the same National Standards framework. Comparable in staff size, AUM tier, and program breadth to HCCF.
• Hamilton County Community Foundation: Indiana county-based community foundation operating a structurally identical model: donor-advised funds, scholarship administration, Lilly Endowment GIFT partnership, and National Standards certification. Most directly comparable Indiana peer due to same regulatory environment, Lilly Endowment access, and community foundation structure.
• Wayne County Foundation: East-central Indiana community foundation with similar donor services, scholarship administration, and Lilly Endowment participation. Direct geographic and operational peer for Henry County, Indiana.
• The Indianapolis Foundation: Central-Indiana community foundation managing DAFs, endowments, scholarships, and discretionary grantmaking in partnership with Lilly Endowment. Same structure and granting model as HCCF, with a different (urban) geographic base but serving as a benchmark for peer scale and program sophistication.
• Johnson County Community Foundation: Indiana community foundation providing DAFs, scholarships, and community grantmaking in a comparable suburban-rural Indiana county. Closely matched in scale and product mix to HCCF, useful for headcount and grantmaking benchmarks.
• Hancock County Community Foundation: Indiana community foundation delivering the same core services (DAFs, scholarships, agency endowments) with National Standards accreditation in a similar demographic and geographic setting east of Indianapolis.
• Community Foundation of Grant County Indiana: Indiana county-based community foundation serving a similar mid-size rural community with DAFs, scholarships, and community grants. Provides a directly comparable benchmark for asset size and grantmaking throughput.
• Delaware County Community Foundation: Indiana community foundation with similar AUM tier, scholarship portfolio, and National Standards certification status. Direct competitor for donor relationships in adjacent east-central Indiana geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Henry_County_CF
• Facebookfacebook.com/hccommunityfoundation
• LinkedInlinkedin.com/company/henry-county-community-foundation
• Instagraminstagram.com/henrycountycf

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Henry County Community Foundation