Overview
What is The Community Foundation For South Central New York Inc?
The Community Foundation For South Central New York Inc, located at 520 Columbia Drive 100, Johnson City, NY 13790, is a nonprofit organization dedicated to charitable grantmaking and scholarships in Broome, Chenango, Delaware, Otsego, and Tioga counties. By providing an effective avenue for caring individuals to endow their community responsibly, this foundation establishes and maintains various endowed and unrestricted funds, such as donor-advised, field-of-interest, designated, pass-through, agency, scholarship, and unrestricted funds. In 2022, the foundation awarded 438 grants and 91 scholarships to support the community. With a staff of 5 individuals, The Community Foundation for South Central New York Inc plays a significant role in enhancing the well-being of its local area.
Official website here: www.cfscny.org, www.donorswhocare.org
What are the reviews and ratings of this charity?
Charity Navigator has rated The Community Foundation For South Central New York Inc with an impressive score of 98%, which corresponds to a Four-Star out of Four Star rating. This high rating reflects the charity's strong performance in accountability and financial practices, where it scored 90%. The organization benefits from a fully independent board comprising 14 members, which enhances its governance and oversight capabilities.
Strengths of the organization include a robust financial management framework, with no material diversion of assets reported and a solid program expense ratio of 81.14%. Additionally, the charity demonstrates strong operational practices, highlighted by its effective conflict of interest and whistleblower policies. The ability to maintain a low liabilities-to-assets ratio of 4.15% and a working capital ratio of over ten years signifies financial health and sustainability.
However, the fundraising efficiency ratio is notably low at $0.012, indicating that the organization may need to review its fundraising strategies. Despite this, the overall culture and community score of 79 points suggests a commitment to equity strategies, which could be an area for further development. Overall, The Community Foundation For South Central New York Inc showcases a strong commitment to accountability and effective program delivery, while also recognizing areas for potential improvement.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation For South Central New York Inc legitimate?
The Community Foundation For South Central New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation For South Central New York 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: $159,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $217,697
For more financial information, click here
Official website here: www.cfscny.org, www.donorswhocare.org
What is the mission statement of The Community Foundation For South Central New York Inc?
The Community Foundation For South Central New York Inc provides a responsible, responsive, and lasting means for individuals to contribute to their community's welfare. Through the establishment and maintenance of charitable endowed and non-endowed funds, such as donor-advised, field of interest, designated, pass-through, agency, scholarship, and unrestricted funds, the foundation facilitates charitable grantmaking. This organization serves Broome, Chenango, Delaware, Otsego, and Tioga counties, contributing to their community development by providing charitable grants and scholarships. In 2022, the foundation awarded 438 grants and 91 scholarships.
Official website here: www.cfscny.org, www.donorswhocare.org
Who is the CEO of The Community Foundation For South Central New York Inc?
Tina Barber is the Vice-Chair of The Community Foundation For South Central New York Inc.
Official website here: www.cfscny.org, www.donorswhocare.org
What is the revenue of The Community Foundation For South Central New York Inc?
The Community Foundation For South Central New York Inc's revenue in 2022 was $3,449,622.
Official website here: www.cfscny.org, www.donorswhocare.org
Who are the executives of The Community Foundation For South Central New York Inc and what are their salaries?
The average compensation at The Community Foundation For South Central New York Inc during 2022 was $75,356. There are 5 employees and 62 volunteers at The Community Foundation For South Central New York Inc.
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- Compensation: $140,268
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- Other: $18,813
Official website here: www.cfscny.org, www.donorswhocare.org
Where can I find the form 990 for The Community Foundation For South Central New York Inc?
The Community Foundation For South Central New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfscny.org, www.donorswhocare.org
Learn more at the official website: www.cfscny.org, www.donorswhocare.org
Mission Statement of The Community Foundation For South Central New York Inc
The Community Foundation For South Central New York Inc serves as an effective platform for compassionate individuals who wish to contribute to their community in a sustainable, responsible, and responsive manner. This organization facilitates the establishment and maintenance of both endowed and non-endowed charitable funds, including donor-advised, field-of-interest, designated, pass-through, agency, scholarship, and unrestricted funds. By doing so, it enables charitable grantmaking in Broome, Chenango, Delaware, Otsego, and Tioga counties. The Community Foundation For South Central New York Inc's mission is to offer caring individuals a means to invest in their community's future in a responsible and lasting manner, thereby contributing to its overall development.
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Impact
October, 2024
The Community Foundation for South Central New York Inc significantly enhances the quality of life in Broome, Chenango, Delaware, Otsego, and Tioga counties through its dedicated philanthropic efforts. By establishing and maintaining a variety of charitable funds—including donor advised, field of interest, designated, pass-through, agency, scholarship, and unrestricted funds—the foundation ensures that resources are available for meaningful community impact.
In 2022 alone, the foundation awarded 438 grants and 91 scholarships, demonstrating a commitment to supporting local initiatives, educational opportunities, and essential services. This approach not only addresses immediate community needs but also fosters long-term growth and responsibility towards the welfare of the region. Through these efforts, the foundation creates a lasting legacy of philanthropy, empowering individuals to contribute to the betterment of their communities in a substantial and sustainable way.
This information is meant to be a general summary of The Community Foundation For South Central New York 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 2022.
- Investment Income: $1,253,586
- Gross Receipts: $11,886,746
Assets and Liabilities:
- Total Assets: $34,655,769
- Total Liabilities: $1,439,169
- Net Assets: $33,216,600
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Organization Details
Founding Year
1996
Phone
(607) 772-6773Principal Officer
Tina Barber
Main Address
520 COLUMBIA DRIVE 100, JOHNSON CITY, NY, 13790
NTEE Category
Code: T31 - Philanthropy
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