Overview
What is The Foundation For Enhancing Communities?
The Foundation For Enhancing Communities (TFEC) is a nonprofit organization dedicated to inspiring giving and achieving charitable goals while strengthening local communities. Their mission involves accumulating, managing, and disbursing financial assets, acting as a catalyst, and neutral convener to meet various community needs. TFEC values inclusion, promoting equity and embracing diversity in individuals, ideas, and expressions, and stewardship by being prudent and grateful stewards of entrusted assets, time, and talent. They believe in creating permanent legacies for lasting community change and upholding the highest standards of honesty, mutual respect, confidentiality, and transparency.
Official website here: www.tfec.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 99%, Four-Star out of Four Star rating.
The Foundation for Enhancing Communities (TFEC) has achieved an impressive 99% rating on Charity Navigator, reflecting its strong financial health and transparency. With a perfect score in Accountability & Finance, TFEC demonstrates robust governance practices, including an entirely independent board and effective oversight of financial activities. This high level of accountability is significant for donors and stakeholders, ensuring that funds are managed wisely and ethically.
User feedback from Great Nonprofits consistently highlights the organization's collaborative culture and dedicated staff. Board members and clients alike praise the supportive environment and the foundation's effectiveness in addressing community needs, particularly through initiatives like the Women's Fund. TFEC's resourcefulness in providing funding opportunities and guidance to local nonprofits has left a positive impression on many, indicating its strong role in enhancing community services.
While overall feedback is overwhelmingly positive, some reviews mention that economic downturns have impacted investment successes. However, the commitment of the board and staff to strategic planning and addressing unmet community needs remains a core strength of the organization. TFEC's focus on healthcare access and workforce initiatives underscores its dedication to making a meaningful difference in Central Pennsylvania.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Foundation For Enhancing Communities legitimate?
The Foundation For Enhancing Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Enhancing Communities submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $643,786
Professional Fundraising Fees: $0
Other Salaries and Wages: $816,959
For more financial information, click here
Official website here: www.tfec.org
What is the mission statement of The Foundation For Enhancing Communities?
The Foundation For Enhancing Communities is dedicated to inspiring giving and partnering with donors to help them achieve their charitable goals. They believe in the importance of all voices and promote equity, embracing the diversity of individuals, ideas, and expressions. Stewardship is a core value, as they prudently manage the assets, time, and talent entrusted to them. Endurance is another value, as they focus on creating permanent legacies that support lasting community change. Integrity is of the utmost importance, with a commitment to upholding the highest standards of honesty, mutual respect, confidentiality, and transparency.
Official website here: www.tfec.org
Who is the CEO of The Foundation For Enhancing Communities?
Janice Black is the Chairman of The Foundation For Enhancing Communities. The CEO's salary of The Foundation For Enhancing Communities is $223,446 and their total compensation is $244,512.
Official website here: www.tfec.org
What is the revenue of The Foundation For Enhancing Communities?
The Foundation For Enhancing Communities's revenue in 2022 was $47,434,480.
Official website here: www.tfec.org
Who are the executives of The Foundation For Enhancing Communities and what are their salaries?
The average compensation at The Foundation For Enhancing Communities during 2022 was $60,864. There are 24 employees and 187 volunteers at The Foundation For Enhancing Communities.
Here are 19 key members and their salaries (The Foundation For Enhancing Communities's CEO's salary is $223,446 and their total compensation is $244,512):
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- Other: $41,066
- Compensation: $157,600
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- Other: $15,023
Official website here: www.tfec.org
Where can I find the form 990 for The Foundation For Enhancing Communities?
The Foundation For Enhancing Communities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tfec.org
Learn more at the official website: www.tfec.org
Mission Statement of The Foundation For Enhancing Communities
The Foundation For Enhancing Communities, a leading charitable organization, is dedicated to inspiring giving and partnering with donors to help them achieve their philanthropic objectives. This mission is rooted in the belief that investing in local communities now and for future generations can bring about profound change. The Foundation values equity and inclusivity, recognizing that diverse voices are essential for the region's future. They promote mutual respect and embrace the richness of individual ideas, expressions, and experiences.
Stewardship is another core value that The Foundation embodies. As prudent trustees of the assets, time, and talent entrusted to them, they manage these resources with great care and gratitude. Their commitment to endurance means they build lasting legacies that support sustainable community change. Lastly, the Foundation holds integrity in the highest regard, adhering to the strictest standards of honesty, confidentiality, and transparency.
By fostering a culture of giving and championing charitable goals, The Foundation For Enhancing Communities empowers individuals and communities to thrive. Their values of inclusion, stewardship, endurance, and integrity serve as the foundation on which they build strong, vibrant, and resilient communities.
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Impact
August, 2024
The Foundation for Enhancing Communities has a significant impact on the community by inspiring giving and partnering with donors to achieve their charitable goals. They also focus on strengthening local communities by investing in them now and for future generations. The organization values inclusion, equity, stewardship, endurance, and integrity, all of which guide their work in creating lasting community change. Through their mission of philanthropy stimulation and community quality enhancement, they serve as a catalyst and neutral convener to meet a wide range of community needs, particularly in the area of human services.
This information is meant to be a general summary of The Foundation For Enhancing Communities. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $41,662,251
- Program Service Revenue: $620,634
- Gross Receipts: $94,614,032
Assets and Liabilities:
- Total Assets: $107,592,484
- Total Liabilities: $7,942,183
- Net Assets: $99,650,301
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$620,634
Organization Details
Founding Year
1920
Phone
(717) 236-5040Principal Officer
Janice Black
Main Address
200 NORTH 3RD STREET 8TH FLOOR, HARRISBURG, PA, 17101
Website
www.tfec.orgNTEE Category
Code: P12 - Human services
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