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Finger Lakes Area Community Endowment

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

EIN: 161467675 ✦ Canandaigua, NY ✦ Designated as a 501(c)(3)

Overview

What is Finger Lakes Area Community Endowment?

The Finger Lakes Area Community Endowment is a charitable organization situated in Canandaigua, New York, specifically at 72 South Main Street. Its primary mission is to contribute to the philanthropic sector within the area by raising funds from various sources and distributing them to eligible charitable organizations or individuals, as per the Internal Revenue Code of 1986 or any future United States internal revenue law. The organization's activities are focused on providing area philanthropic support, and it is committed to allocating funds to organizations that have been exempted under section 501(c)(3) of the Internal Revenue Code or to suitable individuals. The Finger Lakes Area Community Endowment serves as a bridge between donors and local charities, ensuring that resources are effectively utilized to benefit the community.


Is Finger Lakes Area Community Endowment legitimate?

Finger Lakes Area Community Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finger Lakes Area Community Endowment 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Finger Lakes Area Community Endowment?
Who is the CEO of Finger Lakes Area Community Endowment?
What is the revenue of Finger Lakes Area Community Endowment?
Who are the executives of Finger Lakes Area Community Endowment and what are their salaries?
Where can I find the form 990 for Finger Lakes Area Community Endowment?

Mission Statement of Finger Lakes Area Community Endowment

The Finger Lakes Area Community Endowment, as an organization, was established with a primary objective to raise funds from both private and public sources for philanthropic purposes within the area. Its mission is to collect and distribute these funds to qualified charitable organizations that fall under the category of exempt organizations under Section 501(C)(3) of the Internal Revenue Code of 1986 or to suitable beneficiaries as per the law. In essence, the Finger Lakes Area Community Endowment serves as a conduit for channeling philanthropic support towards deserving causes within the community.

Impact

This information is meant to be a general summary of Finger Lakes Area Community Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Finger Lakes Area Community Endowment's impact is felt through its philanthropic support for local charitable organizations in the Canandaigua area. By raising funds from private and public sources, the Community Endowment is able to allocate and distribute these funds to organizations that qualify as exempt under the law. This support helps these organizations make a positive difference in the community and benefits individuals who are suitable beneficiaries under the law. The endowment's mission of promoting philanthropy and providing vital support to charitable causes contributes to the overall well-being and development of the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $1,004,107
  • Program Service Revenue: $0
  • Gross Receipts: $9,440,542

    • Assets and Liabilities:
  • Total Assets: $20,437,572
  • Total Liabilities: $0
  • Net Assets: $20,437,572
  • Organization Details

    Founding Year

    1994

    Principal Officer

    George W Hamlin Iv

    Main Address

    72 SOUTH MAIN STREET, CANANDAIGUA, NY, 14424

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Finger Lakes Area Community Endowment and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.