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Placer Community Foundation

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

EIN: 201485011 ✦ Auburn, CA ✦ Designated as a 501(c)(3)

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Overview

What is Placer Community Foundation?

Placer Community Foundation is a nonprofit organization situated in Auburn, California. With a team of eight dedicated individuals, it focuses on community development by distributing grants in various sectors such as education, health and human services, animal welfare, senior programs, and preserving historical landmarks and open spaces. Notably, they contributed $314,000 to aid those affected by the Mosquito Fire. The Placer Collaborative Network is another initiative that brings together multiple entities, including nonprofits, government entities, healthcare providers, and educational institutions, to collaboratively address issues facing Placer County's residents. Overall, the foundation's mission is to foster local giving and bolster the community's strength.


Official website here: www.placercf.org

What are the reviews and ratings of this charity?

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

Placer Community Foundation has achieved an impressive rating of 99% from Charity Navigator, highlighting its strong commitment to accountability and financial health. With a perfect score in Accountability & Finance, the organization demonstrates robust governance practices, including a fully independent board and effective oversight mechanisms. The foundation has shown exceptional financial management, reflected in a high program expense ratio and low fundraising costs, indicating a strong focus on maximizing resources for its charitable activities.

The organization also excels in its culture and community engagement, earning a score of 95%. Placer Community Foundation actively solicits and utilizes constituent feedback, ensuring that the voices of the community are heard and integrated into its strategies. The foundation's commitment to equity is notable, although there is room for improvement in its policies and processes.

While the foundation's overall performance is commendable, the data reveals a few areas where it could enhance its equity strategies. Despite this, the overwhelming positive feedback underscores the foundation's effectiveness and dedication to serving the Placer community.


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

Is Placer Community Foundation legitimate?

Placer Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Placer Community Foundation 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: $184,547
Professional Fundraising Fees: $0
Other Salaries and Wages: $330,197

For more financial information, click here


Official website here: www.placercf.org

What is the mission statement of Placer Community Foundation?

The Placer Community Foundation's mission, as stated, is to stimulate local philanthropy with the aim of enhancing the community's well-being. By growing local giving, they strive to create a more robust impact in key sectors such as education, health and human services, animal welfare, senior programs, preserving historical landmarks, and maintaining open spaces. Recently, they distributed $314,000 to aid those affected by the Mosquito Fire. Furthermore, the Placer Collaborative Network, an initiative led by the foundation, brings together various entities including nonprofits, government bodies, healthcare providers, faith-based organizations, educational institutions, and municipal entities, to collaboratively address pressing issues affecting the community's children, adults, and families in Placer County.


Official website here: www.placercf.org

Who is the CEO of Placer Community Foundation?

Sue Thompson is the Chairman of Placer Community Foundation. The CEO's salary of Placer Community Foundation is $184,547 and their total compensation is $209,542.


Official website here: www.placercf.org

What is the revenue of Placer Community Foundation?

Placer Community Foundation's revenue in 2022 was $2,435,295.


Official website here: www.placercf.org

Who are the executives of Placer Community Foundation and what are their salaries?

The average compensation at Placer Community Foundation during 2022 was $64,343. There are 8 employees and 30 volunteers at Placer Community Foundation.


Here are 13 key members and their salaries (Placer Community Foundation's CEO's salary is $184,547 and their total compensation is $209,542):


Veronica Blake (Ceo)
  • Compensation: $184,547
  • Related: $0
  • Other: $24,995
Carol Holliman (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James T Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Azevedo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Cardno (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Kramer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Fulton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Spannagel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Saletta (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Constantino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Martinez (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Thompson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.placercf.org

Where can I find the form 990 for Placer Community Foundation?

Placer Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.placercf.org

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

Mission Statement of Placer Community Foundation

The Placer Community Foundation, as its name suggests, is committed to fostering local philanthropy with the aim of enhancing the community at large. Its mission is focused on stimulating community giving, which in turn contributes to substantial community improvement across various sectors. This encompasses education, health and human services, animal welfare, senior programs, and the preservation of historical landmarks and open spaces.

The Placer Community Foundation serves as a catalyst for collaboration, bringing together a diverse array of entities such as nonprofits, government bodies, healthcare providers, faith-based organizations, educational institutions, and municipal entities. This collaborative network, named the Placer Collaborative Network, works collectively to address pressing issues affecting children, adults, and families residing in Placer County.

By distributing grants, the Placer Community Foundation provides a platform for amplifying community impact. This was evident in their response to the Mosquito Fire, where they distributed $314,000 to aid affected individuals and communities. This proactive approach to community support demonstrates the foundation's commitment to strengthening its community in tangible ways.

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Impact




August, 2024

Placer Community Foundation's impact can be seen in the significant grants it provides to address various community needs in areas such as education, health and human services, animal welfare, senior programs, and the preservation of historical landmarks and open space. For example, the foundation distributed $314,000 to support victims of the Mosquito Fire. Additionally, the Placer Collaborative Network, which consists of 40 nonprofit, government, health care, faith-based, educational, and municipal entities, works together to tackle collaborative issues affecting the children, adults, and families of Placer County. Overall, Placer Community Foundation's efforts contribute to the overall growth and strength of the community through local giving.




This information is meant to be a general summary of Placer Community Foundation. 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
$2,435,295 (2022)
Expenses
$2,669,921 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $259,226
  • Program Service Revenue: $85,901
  • Gross Receipts: $2,477,688

Assets and Liabilities:

  • Total Assets: $16,321,586
  • Total Liabilities: $90,091
  • Net Assets: $16,231,495

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Programs

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

Membership Dues

Revenue

$31,425

Program Fees

Revenue

$54,476

Organization Details

Founding Year

2004

Principal Officer

Sue Thompson

Main Address

POBox 9207, Auburn, CA, 95604

NTEE Category

Code: T31 - Philanthropy

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