Overview
What is Treasure Cay Community Foundation Inc?
Treasure Cay Community Foundation Inc is a nonprofit organization situated in Sarasota, Florida. Its primary purpose is to support charitable initiatives within Treasure Cay, Abaco, Bahamas. The foundation aids in fundraising efforts for various causes, such as the library, church, fire rescue, and medical clinic, by offering donors an efficient platform. It also accepts donations and distributes grants to bolster disaster relief efforts for Bahamian residents impacted by natural calamities like hurricanes and fires. Additionally, the foundation plays a vital role in maintaining the Treasure Cay Community Centre, which houses a church, library, and serves as a shelter during hurricane season. The centre undergoes repairs, with funds provided by the foundation, following natural disasters.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Treasure Cay Community Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in terms of accountability and finance. With a score of 94% in this category, the foundation demonstrates a high level of transparency and effective financial management, ensuring that the majority of its resources are directed towards its programs and services.
The organization boasts a fully independent board, which is crucial for maintaining governance integrity. All ten members of the board are independent, and there is no indication of material diversion of assets. Additionally, the foundation has established several important policies, such as a conflict of interest policy and a whistleblower policy, which further reinforce its commitment to ethical operations.
Despite these strengths, it is important for potential donors and supporters to consider the overall context of the foundation's work and its impact on the community it serves. While the financial metrics are strong, ongoing engagement and communication about its programs and outcomes will be essential for building trust and ensuring long-term support.
This AI summary has been generated from information found on Charity Navigator.
Is Treasure Cay Community Foundation Inc legitimate?
Treasure Cay Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Treasure Cay 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Treasure Cay Community Foundation Inc?
The Treasure Cay Community Foundation Inc's mission is to foster philanthropy within its vicinity by offering donors an efficient and productive means to support their preferred charitable causes. The foundation supports various charitable organizations in their fundraising efforts, providing financial assistance to causes such as libraries, churches, fire rescue services, and medical clinics. In times of disaster, the foundation also offers aid to those impacted by events like fires and hurricanes, providing relief efforts and grants. The foundation's activities are aimed at enhancing community life and supporting the well-being of its residents.
Who is the CEO of Treasure Cay Community Foundation Inc?
Pamela J Martinson is the Principal Officer of Treasure Cay Community Foundation Inc.
What is the revenue of Treasure Cay Community Foundation Inc?
Treasure Cay Community Foundation Inc's revenue in 2023 was $53,669.
Who are the executives of Treasure Cay Community Foundation Inc and what are their salaries?
There 10 volunteers at Treasure Cay Community Foundation Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Treasure Cay Community Foundation Inc?
Treasure Cay Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Treasure Cay Community Foundation Inc
Treasure Cay Community Foundation Inc, a nonprofit organization, is committed to fostering philanthropy in its vicinity. By offering an efficient and productive platform, it enables donors to support their preferred charitable causes, such as libraries, churches, fire rescue services, medical clinics, and more. Moreover, the Foundation proactively extends aid during times of disaster, providing relief to Bahamian residents affected by calamities like hurricanes and fires. The Foundation's overall aim is to strengthen the community by channeling resources effectively towards various causes that require support.
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Impact
August, 2024
The Treasure Cay Community Foundation Inc supports various charitable organizations in Treasure Cay by facilitating donors to provide efficient support for causes like the library, church, fire rescue, and medical clinic. It also offers grants for disaster relief efforts for Bahamian residents affected by disasters such as fires and hurricanes. The Foundation's impact is evident in its support of the Treasure Cay Community Centre, which serves as a hub for community activities and a shelter during hurricane season. Its mission of promoting philanthropy in the Treasure Cay area contributes to the well-being and resilience of the community.
This information is meant to be a general summary of Treasure Cay 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: $51,494
- Gross Receipts: $53,669
Assets and Liabilities:
- Total Assets: $1,688,520
- Total Liabilities: $57,688
- Net Assets: $1,630,832
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Organization Details
Founding Year
2004
Phone
(650) 867-4987Principal Officer
Pamela J Martinson
Main Address
4179 CORTE LA VISTA, SARASOTA, FL, 34238
NTEE Category
Code: T31 - Philanthropy
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