Overview
What is Central New York Community Foundation Inc?
The Central New York Community Foundation Inc, situated in Syracuse, New York, is a charitable organization dedicated to transforming community funds into impactful change. By receiving and growing donations, the foundation distributes grants to address Central New York's most pressing needs. The foundation's programs encompass various aspects of nonprofit development, from nurturing new organizations to fostering innovative ideas for community betterment. It values diversity and inclusivity while providing leadership and resources that shape a thriving and equitable region. The mission of Central New York Community Foundation is to inspire a culture of giving, celebrate legacies, and steward charitable resources for the present and future. With a team of 31 employees, the foundation's collective impact efforts aim to bring about positive change and address critical issues in the community.
Official website here: www.cnycf.org
What are the reviews and ratings of this charity?
Charity Navigator gives Central New York Community Foundation Inc a Four-Star out of Four Star rating, indicating a strong performance in accountability and finance, with a perfect score of 100%. This rating highlights the organization’s commitment to transparency and responsible governance, as evidenced by its majority independent board and comprehensive policies regarding conflicts of interest and whistleblowing.
The foundation shows exceptional financial management, maintaining a high program expense ratio of 90.97%, which reflects its dedication to utilizing funds for programmatic work rather than administrative costs. Additionally, its fundraising efficiency is commendably low at $0.03, suggesting that the charity is effective in raising funds with minimal expense.
One limitation worth noting is that while the organization excels in many areas, the Culture & Community score at 95% indicates there may still be room for improvement in this aspect. Overall, the Central New York Community Foundation Inc demonstrates strong financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Central New York Community Foundation Inc?
90% of 62 reviewers on Facebook recommend Central New York Community Foundation Inc. Here’s a summary of their thoughts:
Many individuals express high satisfaction with the foundation, often highlighting their positive experiences and commitment to the community. The reviews are overwhelmingly favorable, with one user noting a stellar experience and giving a five-star rating, emphasizing they would recommend the organization to anyone.
Overall, the sentiment towards the Central New York Community Foundation is very positive. Reviewers appreciate its impactful role and dedication, reinforcing the nonprofit's reputation as a valuable and trusted resource within the community.
This AI summary has been generated from reviews found on Facebook.
Is Central New York Community Foundation Inc legitimate?
Central New York Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central New York Community 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: $462,348
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,107,020
For more financial information, click here
Official website here: www.cnycf.org
What is the mission statement of Central New York Community Foundation Inc?
The Central New York Community Foundation functions as a public charity, transforming community funds into impactful change. It receives donations, manages them for growth, and distributes grants to address the region's most pressing needs. Serving as a civic leader, convener, and sponsor of strategic initiatives, the Community Foundation fosters a thriving and equitable Central New York region. Its mission is threefold: inspiring a culture of giving, celebrating legacy, and stewarding charitable resources for both present and future endeavors. By supporting nonprofits across their lifecycle, the Foundation aims to bring about positive change while embracing diversity and fostering inclusivity within and across communities. Through involvement and investments in collective impact efforts, it provides leadership and resources to propel the region forward.
Official website here: www.cnycf.org
Who is the CEO of Central New York Community Foundation Inc?
Kimberly Sadowski is the Board Chair of Central New York Community Foundation Inc. The CEO's salary of Central New York Community Foundation Inc is $341,416 and their total compensation is $372,003.
Official website here: www.cnycf.org
What is the revenue of Central New York Community Foundation Inc?
Central New York Community Foundation Inc's revenue in 2023 was $34,290,952.
Official website here: www.cnycf.org
Who are the executives of Central New York Community Foundation Inc and what are their salaries?
The average compensation at Central New York Community Foundation Inc during 2023 was $82,883. There are 31 employees and 125 volunteers at Central New York Community Foundation Inc.
Here are 26 key members and their salaries (Central New York Community Foundation Inc's CEO's salary is $341,416 and their total compensation is $372,003):
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- Compensation: $341,416
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- Other: $30,587
- Compensation: $185,733
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- Compensation: $149,585
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- Compensation: $139,593
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- Compensation: $125,705
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- Other: $22,351
- Compensation: $144,566
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- Other: $14,353
- Compensation: $109,547
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- Other: $19,687
Official website here: www.cnycf.org
Where can I find the form 990 for Central New York Community Foundation Inc?
Central New York Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cnycf.org
Learn more at the official website: www.cnycf.org
Mission Statement of Central New York Community Foundation Inc
The Central New York Community Foundation is a public charity that transforms community contributions into meaningful change. With a mission to foster a thriving and equitable Central New York region, the Foundation leads and inspires a culture of giving in the community. It manages donated funds, allowing them to grow over time and then distributes grants to address the most pressing needs. Beyond grantmaking, the Foundation serves as a civic leader, convener, and sponsor of strategic initiatives aimed at fostering a vibrant and inclusive community.
Central New York Community Foundation's programs are designed to support nonprofits at various stages of their development. From the birth of new organizations and the launch of innovative ideas, to the professional development of staff and organizational processes, the Foundation's programs bring about positive change while celebrating diversity and fostering inclusion. The Foundation's involvement and investments in collective impact efforts aim to provide leadership and resources that move the region forward. By honoring diversity and building inclusion within and across communities, the Central New York Community Foundation plays a crucial role in shaping a better future for all.
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Impact
October, 2024
Central New York Community Foundation Inc plays a pivotal role in transforming community contributions into meaningful change across the region. By effectively managing and growing funds received from donors, it directs financial support toward the most pressing needs of Central New York. The Foundation stands as a civic leader, convenes important conversations, and sponsors strategic initiatives that foster a thriving and inclusive environment for all residents.
Through its grantmaking programs, the Foundation supports organizations at various stages of their development, addressing community concerns with innovative solutions. Whether it’s nurturing new organizations, launching impactful initiatives, or enhancing the professional capabilities of existing entities, the Foundation's initiatives are designed to create lasting positive outcomes.
Central New York Community Foundation Inc is committed to promoting diversity and inclusion, ensuring that all community voices are honored in the pursuit of equity. By investing in collective impact efforts, the Foundation aims to enhance collaboration among stakeholders, drive progress on critical issues, and ultimately inspire a culture of giving that enriches the community both now and in the future.
This information is meant to be a general summary of Central New York Community 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: $4,687,610
- Gross Receipts: $52,687,574
Assets and Liabilities:
- Total Assets: $389,455,496
- Total Liabilities: $31,756,747
- Net Assets: $357,698,749
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Organization Details
Founding Year
1927
Phone
(315) 422-9538Principal Officer
Kimberly Sadowski
Main Address
431 E FAYETTE STREET 100, SYRACUSE, NY, 13202
Website
www.cnycf.orgNTEE Category
Code: T310 - Philanthropy
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