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The Community Foundation For The Greater Capital Region Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141505623 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Community Foundation For The Greater Capital Region Inc?

The Community Foundation for the Greater Capital Region Inc. is a charitable organization located in the region, dedicated to bolstering the community by attracting various-sized charitable endowments. By maximizing donor benefits and making impactful grants, they aim to address community needs effectively. Their mission involves working collaboratively with donors and community partners, sharing a vision for community transformation through the stewardship of charitable endowments, excellent donor services, and leadership in addressing community concerns.


Official website here: www.cfgcr.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99% (Four-Star out of Four Stars)

The Community Foundation For The Greater Capital Region Inc holds an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score of 100 in accountability, the organization demonstrates robust governance, including a fully independent board and strict adherence to financial integrity measures. Additionally, its program expense ratio of over 89% indicates that a significant portion of its funds is directed towards fulfilling its mission.

User reviews point to a divided perception of the organization. Many clients, such as local nonprofit representatives, praise the foundation's dedicated staff and their commitment to supporting community initiatives. These positive experiences highlight the foundation's effectiveness in mobilizing resources and enhancing the capacity of local organizations, making it a valuable ally in the nonprofit sector.

However, some donors have expressed concerns regarding the foundation's visibility and engagement within the community. One review specifically mentions a shift in giving plans due to the perceived lack of activity and presence compared to other local foundations. This feedback suggests that while the organization excels in financial management, there may be opportunities for improvement in community outreach and visibility.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The Community Foundation For The Greater Capital Region Inc legitimate?

The Community Foundation For The Greater Capital Region Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation For The Greater Capital Region 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: $378,639
Professional Fundraising Fees: $0
Other Salaries and Wages: $545,028

For more financial information, click here


Official website here: www.cfgcr.org

What is the mission statement of The Community Foundation For The Greater Capital Region Inc?

The Community Foundation For The Greater Capital Region Inc's mission is centered around strengthening its community through philanthropy. This is achieved in collaboration with donors and community partners who share a vision for community transformation. The foundation fulfills this mission by stewarding charitable endowments, offering superior donor services, making effective grants, and providing leadership to address community needs. In simpler terms, the foundation attracts various-sized charitable endowments, maximizes benefits for donors, distributes grants efficiently, and takes a proactive role in addressing community needs.


Official website here: www.cfgcr.org

Who is the CEO of The Community Foundation For The Greater Capital Region Inc?

John Eberle is the Chair of The Community Foundation For The Greater Capital Region Inc. The CEO's salary of The Community Foundation For The Greater Capital Region Inc is $199,901 and their total compensation is $224,182.


Official website here: www.cfgcr.org

What is the revenue of The Community Foundation For The Greater Capital Region Inc?

The Community Foundation For The Greater Capital Region Inc's revenue in 2022 was $11,740,454.


Official website here: www.cfgcr.org

Who are the executives of The Community Foundation For The Greater Capital Region Inc and what are their salaries?

The average compensation at The Community Foundation For The Greater Capital Region Inc during 2022 was $92,367. There are 10 employees and 50 volunteers at The Community Foundation For The Greater Capital Region Inc.


Here are 25 key members and their salaries (The Community Foundation For The Greater Capital Region Inc's CEO's salary is $199,901 and their total compensation is $224,182):


Alicia Lasch (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Eagan (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert T Hennes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Belinda Hilton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert S Reynolds Esq (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Dorcey Applyrs Drph Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher L Cimijotti Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Bedell Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Christian Bender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldon Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Mcloughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meaghan E Murphy Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murray Carl Massry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chester Opalka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aimee Dake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Knoblauch Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Rodat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert F Audi Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank M Slingerland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Backer Brand Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Frederick Wetzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Thorne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Craft Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John G Eberle (President & Ceo)
  • Compensation: $199,901
  • Related: $0
  • Other: $24,281
Terry D Mariano (Cfo)
  • Compensation: $135,837
  • Related: $0
  • Other: $18,619


Official website here: www.cfgcr.org

Where can I find the form 990 for The Community Foundation For The Greater Capital Region Inc?

The Community Foundation For The Greater Capital Region Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfgcr.org

Learn more at the official website: www.cfgcr.org

Mission Statement of The Community Foundation For The Greater Capital Region Inc

The Community Foundation For The Greater Capital Region Inc is committed to enhancing its community by engaging in philanthropy collaboratively with donors and community partners who share its vision for transformative change. This mission is executed through four key strategies: stewardship of charitable endowments, delivering superior donor services, making impactful grants, and providing leadership to tackle pressing community issues.

By attracting and managing both substantial and modest charitable endowments, The Community Foundation For The Greater Capital Region Inc aims to maximize donor benefits. This strategy not only helps to preserve the donors' intent but also ensures that their contributions continue to support the community long-term.

In addition, the foundation focuses on making grants effectively, directing resources towards initiatives and organizations that will bring about meaningful change in the community. This proactive approach to grant making demonstrates The Community Foundation For The Greater Capital Region Inc's commitment to addressing community needs and fostering a more prosperous and resilient community.

Furthermore, The Community Foundation For The Greater Capital Region Inc plays a pivotal role in providing leadership to tackle pressing community issues. By collaborating with community partners and donors, the foundation leverages its expertise and resources to address complex challenges and drive positive change in the community. This leadership approach is central to The Community Foundation For The Greater Capital Region Inc's mission to strengthen its community through philanthropy.

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Impact




October, 2024

The Community Foundation For The Greater Capital Region Inc significantly impacts the local community by enhancing philanthropy and fostering positive change. By attracting charitable endowments of all sizes, the Foundation strengthens the financial resources available to address various community needs. It maximizes benefits for donors through superior services, ensuring their contributions are effectively utilized.

Through strategic grant-making, the Foundation supports initiatives and projects that promote community well-being, social equity, and economic development. Additionally, its leadership role serves as a catalyst for collaboration among donors and community partners, creating a united effort towards community transformation. Overall, the Foundation’s operations contribute to a more vibrant and resilient Greater Capital Region.




This information is meant to be a general summary of The Community Foundation For The Greater Capital Region 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.

Revenue
$11,740,454 (2022)
Expenses
$8,524,230 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,992,724
  • Program Service Revenue: $137,601
  • Gross Receipts: $23,756,581

Assets and Liabilities:

  • Total Assets: $100,799,889
  • Total Liabilities: $3,733,297
  • Net Assets: $97,066,592

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES FOR SERVICE

Revenue

$137,601

Organization Details

Founding Year

1968

Principal Officer

John Eberle

Main Address

2 TOWER PLACE EXECUTIVE PARK, ALBANY, NY, 12203

NTEE Category

Code: T31 - Philanthropy

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