Overview
What is Indian River Community Foundation Inc?
The Indian River Community Foundation is a nonprofit organization headquartered in Vero Beach, Florida. Their mission revolves around philanthropy, with a primary focus on growing, managing, and distributing charitable capital from donors. This is achieved through Donor Advised Funds and Endowments, which enable donors to support their preferred charitable causes. Additionally, the foundation shares community knowledge about local needs and worthy nonprofit organizations using innovative tools such as an online nonprofit search, Indian River Indicators, and publications like the Annual Guide to Better Giving. Engaged and committed leaders oversee the organization, adhering to values of knowledge and expertise, service excellence, and diversity, equity, and inclusion. In the fiscal year ending June 30, 2022, they awarded $10,668,070 in grants from 202 charitable giving accounts to charities in Indian River County and beyond. Moreover, 79 individuals were recognized as part of the Alma Lee Loy Legacy Society for making planned gifts to the foundation. Together, the foundation and its clients work towards building a healthier, more prosperous community.
Official website here: www.ircommunityfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Indian River Community Foundation Inc has achieved a perfect score of 100%, indicating exemplary performance in accountability and finance. This rating reflects the organization's commitment to transparency and strong governance practices, as evidenced by its fully independent board and comprehensive financial oversight mechanisms.
Strengths include an impressive program expense ratio of 93.74%, indicating that the majority of its funds directly support programs rather than administrative costs. Additionally, the foundation maintains a high level of financial health, highlighted by a low liabilities-to-assets ratio of 6.46% and an exceptional fundraising efficiency ratio of $0.02, which speaks to its effective resource management.
There are no noted limitations or areas of concern in the available feedback. The organization adheres to best practices in governance, including a conflict of interest policy and whistleblower protections, further enhancing its credibility and trustworthiness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Indian River Community Foundation Inc legitimate?
Indian River Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indian River 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: $268,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,236
For more financial information, click here
Official website here: www.ircommunityfoundation.org
What is the mission statement of Indian River Community Foundation Inc?
The Indian River Community Foundation's mission revolves around building a better community through donor-driven philanthropy. They achieve this by growing, managing, and distributing philanthropic capital to enhance their community. The foundation offers two main products, donor-advised funds, and endowments, enabling donors to support their favorite charitable causes. Additionally, they gather and share community knowledge about local needs and deserving nonprofit organizations, programs, and projects, using innovative tools such as an online nonprofit search and publications. The foundation's leadership is committed to demonstrating values such as knowledge, service excellence, diversity, equity, and inclusion in their work. In the fiscal year ending June 30, 2022, they granted $10,668,070 from 202 charitable giving accounts to charities across the United States. Nearly 80 individuals were recognized as part of the Alma Lee Loy Legacy Society for their planned gifts to the foundation. Together, they work towards making their community healthier and more prosperous.
Official website here: www.ircommunityfoundation.org
Who is the CEO of Indian River Community Foundation Inc?
Jeffrey R Pickering is the Chairman of Indian River Community Foundation Inc. The CEO's salary of Indian River Community Foundation Inc is $219,301 and their total compensation is $234,774.
Official website here: www.ircommunityfoundation.org
What is the revenue of Indian River Community Foundation Inc?
Indian River Community Foundation Inc's revenue in 2022 was $17,472,868.
Official website here: www.ircommunityfoundation.org
Who are the executives of Indian River Community Foundation Inc and what are their salaries?
The average compensation at Indian River Community Foundation Inc during 2022 was $84,777. There are 5 employees and 20 volunteers at Indian River Community Foundation Inc.
Here are 20 key members and their salaries (Indian River Community Foundation Inc's CEO's salary is $219,301 and their total compensation is $234,774):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $219,301
- Related: $0
- Other: $15,473
Official website here: www.ircommunityfoundation.org
Where can I find the form 990 for Indian River Community Foundation Inc?
Indian River Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ircommunityfoundation.org
Learn more at the official website: www.ircommunityfoundation.org
Mission Statement of Indian River Community Foundation Inc
Indian River Community Foundation, a leading philanthropic organization, is dedicated to improving communities through donor-driven philanthropy. By growing, stewarding, and deploying philanthropic capital, this nonprofit enables its clients to make a lasting impact on charitable causes they care about. Indian River Community Foundation achieves this mission in two main ways: Donor Advised Funds and Endowments. These financial products offer donors the opportunity to give or leave a legacy to their preferred charities.
Beyond financial support, Indian River Community Foundation also plays a crucial role in sharing community knowledge about local needs and nonprofit organizations. The foundation employs innovative tools such as an online nonprofit search, Indian River Indicators, and publications like the Annual Guide to Better Giving to help individuals make more informed giving decisions. Indian River Community Foundation's leadership is actively engaged and invested in making a difference, demonstrating values of knowledge and core know-how, service excellence, and diversity, equity, and inclusion in their work.
Collaborating with its clients, Indian River Community Foundation awarded grants totaling $10,668,070 from 202 charitable giving accounts in the fiscal year ending June 30, 2022. Additionally, as of June 30, 2022, 79 individuals were recognized as part of the Alma Lee Loy Legacy Society for making a planned gift from their estate to the foundation. Together, Indian River Community Foundation and its clients are part of a collective effort to build a more healthy, prosperous community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Indian River Community Foundation Inc plays a significant role in enhancing the quality of life in Indian River County and beyond through its focus on donor-driven philanthropy. By effectively growing, stewarding, and deploying philanthropic capital, the foundation directs funds to various charitable causes that resonate with the community's needs.
In the fiscal year ending June 30, 2022, the foundation awarded over $10.6 million in grants from 202 charitable giving accounts, significantly impacting local and national charities. This financial support not only addresses immediate needs but fosters long-term sustainability for important initiatives.
The foundation also emphasizes knowledge sharing about local needs and effective charitable organizations, equipping donors with tools to make informed decisions through resources like the online search platform and the annual guide to better giving. This commitment to transparency and education helps cultivate a more engaged philanthropic community.
Furthermore, the foundation is guided by a diverse group of dedicated leaders who prioritize service excellence and inclusive practices. Their work exemplifies a collaborative spirit that motivates both individual philanthropy and community-driven projects, creating a legacy of positive change for all involved.
In fostering this culture of giving, Indian River Community Foundation Inc not only helps individuals leave a lasting impact through donor-advised funds and endowments but also encourages future generations of philanthropists to contribute to a healthier and more prosperous community.
This information is meant to be a general summary of Indian River 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 2022.
- Investment Income: $6,680,062
- Gross Receipts: $42,019,207
Assets and Liabilities:
- Total Assets: $78,791,488
- Total Liabilities: $4,816,290
- Net Assets: $73,975,198
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Phone
(772) 492-1407Principal Officer
Jeffrey R Pickering
Main Address
PO BOX 643968, VERO BEACH, FL, 32964
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Indian River Community Foundation Inc 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.