Overview
What is Shallow Ford Foundation Inc?
Shallow Ford Foundation Inc is a nonprofit organization situated in Clemmons, North Carolina. With a team of five individuals, its primary mission is to harness philanthropic resources and connect them with local community needs. This is achieved through community-driven grantmaking and scholarship awards. The foundation identifies and supports programs where there is a recognized need, and it also offers guidance to donor advisors in their community research and grant recommendation processes. The ultimate goal of Shallow Ford Foundation Inc is to unlock the full philanthropic potential of its communities in Clemmons, Lewisville, and Yadkin County, addressing needs and interests with charitable resources to foster transformational solutions.
Official website here: www.shallowfordfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
The Shallow Ford Foundation Inc has achieved a high rating of 96% from Charity Navigator, indicating strong performance in Accountability and Finance. This rating reflects the foundation's commitment to transparency and responsible financial management, with a perfect score in several key areas, including an entirely independent board and an excellent program expense ratio.
The foundation's governance is robust, featuring a board consisting solely of independent members, which enhances its accountability. Additional strengths include meticulous financial oversight, highlighted by the absence of any material diversion of assets and sound policies in place for conflict of interest, whistleblowing, and document retention.
While the foundation has demonstrated impressive financial health, with a very low liabilities-to-assets ratio, there are no significant limitations noted in the data. Overall, the Shallow Ford Foundation Inc exemplifies effective management and a strong commitment to its mission, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Shallow Ford Foundation Inc legitimate?
Shallow Ford Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shallow Ford Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $260,282
For more financial information, click here
Official website here: www.shallowfordfoundation.org
What is the mission statement of Shallow Ford Foundation Inc?
The Shallow Ford Foundation Inc's mission is centered around unlocking the philanthropic potential of communities, specifically in Clemmons, Lewisville, and Yadkin County. Their objective is to address the needs and interests of these communities through charitable resources, aiming for transformational solutions. They connect philanthropic individuals and resources with community needs through community-engaged grantmaking and scholarship awards. The foundation initiates and supports programs where needs are identified and provides guidance to donor advisors in community research and grant recommendation. They also follow up on granted funds and scholarships to ensure their effective utilization.
Official website here: www.shallowfordfoundation.org
Who is the CEO of Shallow Ford Foundation Inc?
Tim W Bell is the Chairman of Shallow Ford Foundation Inc. The CEO's salary of Shallow Ford Foundation Inc is $129,013 and their total compensation is $132,883.
Official website here: www.shallowfordfoundation.org
What is the revenue of Shallow Ford Foundation Inc?
Shallow Ford Foundation Inc's revenue in 2023 was $1,405,261.
Official website here: www.shallowfordfoundation.org
Who are the executives of Shallow Ford Foundation Inc and what are their salaries?
The average compensation at Shallow Ford Foundation Inc during 2023 was $52,056. There are 5 employees and 122 volunteers at Shallow Ford Foundation Inc.
Here are 16 key members and their salaries (Shallow Ford Foundation Inc's CEO's salary is $129,013 and their total compensation is $132,883):
- Compensation: $129,013
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- Other: $3,870
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Official website here: www.shallowfordfoundation.org
Where can I find the form 990 for Shallow Ford Foundation Inc?
Shallow Ford Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.shallowfordfoundation.org
Learn more at the official website: www.shallowfordfoundation.org
Mission Statement of Shallow Ford Foundation Inc
Shallow Ford Foundation Inc is dedicated to unlocking the full philanthropic potential of its communities in Clemmons, Lewisville, and Yadkin County. The organization aims to address the needs and interests of these communities using charitable resources, striving for transformational solutions. Shallow Ford Foundation Inc connects philanthropic individuals and resources with community needs through community-engaged grantmaking and scholarship awards. The foundation initiates and supports programs where needs are identified, providing guidance to donor advisors in their community research and grant recommendations. Shallow Ford Foundation Inc also follows up on grants and scholarships to ensure their impact is being effectively realized.
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Impact
July, 2024
Shallow Ford Foundation Inc's impact can be seen in the transformative solutions it brings to the communities of Clemmons, Lewisville, and Yadkin County. By connecting philanthropic individuals and resources with community needs through grantmaking and scholarship awards, the organization addresses critical needs and interests in these areas. Through initiated and supported programs, Shallow Ford Foundation Inc has made a tangible difference in the lives of those it serves. The foundation's focus on disease-related issues underscores its commitment to enhancing community well-being and health outcomes.
This information is meant to be a general summary of Shallow Ford Foundation Inc. 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 2023.
- Investment Income: $618,650
- Gross Receipts: $1,485,205
Assets and Liabilities:
- Total Assets: $16,204,086
- Total Liabilities: $11,483
- Net Assets: $16,192,603
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Organization Details
Founding Year
2004
Phone
(336) 663-6794Principal Officer
Tim W Bell
Main Address
PO BOX 567, CLEMMONS, NC, 270120567
NTEE Category
Code: G12 - Disease
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