Overview
What is Clearfield County Charitable Foundation?
The Clearfield County Charitable Foundation, situated in Clearfield, Pennsylvania, is a nonprofit organization with a single employee. Its primary mission is to assist donors in enhancing charitable giving by establishing and maintaining a perpetual collection of endowment funds, exclusively dedicated to the betterment of Clearfield County for current and future generations. This foundation plays a crucial role in community development, responding proactively to needs and opportunities through leadership initiatives. Specifically, it serves as a trust for the benefit of charitable organizations, providing a platform for sustainable philanthropy within the county.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating from Charity Navigator.
The Clearfield County Charitable Foundation has received a commendable 90% rating, reflecting strong accountability and financial practices. This high score is primarily due to the organization having an entirely independent board, robust financial oversight, and no material diversion of assets, indicating a commitment to transparency and ethical governance.
Strengths highlighted in the evaluation include a perfect score for independent board members, financial statement oversight, and program expense ratio, with 85.95% of funds directed toward programs. Additionally, the foundation shows excellent financial health with zero liabilities and significant working capital, suggesting it is well-managed and capable of sustaining its operations.
However, there are some limitations noted, particularly the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which could enhance accountability further. Despite these gaps, the overall financial metrics demonstrate a strong organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Clearfield County Charitable Foundation legitimate?
Clearfield County Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clearfield County Charitable 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,645
For more financial information, click here
What is the mission statement of Clearfield County Charitable Foundation?
The Clearfield County Charitable Foundation's mission is centered around assisting donors in enhancing charitable giving. They accomplish this by building and maintaining a permanent collection of endowment funds, exclusively for the betterment of Clearfield County. This fund aims to benefit both current and future generations. The foundation also demonstrates leadership and provides effective responses to community needs and opportunities.
Who is the CEO of Clearfield County Charitable Foundation?
George M Weidlein Vp Rel is the Vp Relationship Manager Mi of Clearfield County Charitable Foundation.
What is the revenue of Clearfield County Charitable Foundation?
Clearfield County Charitable Foundation's revenue in 2022 was $2,344,355.
Who are the executives of Clearfield County Charitable Foundation and what are their salaries?
The average compensation at Clearfield County Charitable Foundation during 2022 was $48,645. There is 1 employee at Clearfield County Charitable Foundation.
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Where can I find the form 990 for Clearfield County Charitable Foundation?
Clearfield County Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clearfield County Charitable Foundation
The Clearfield County Charitable Foundation serves as a trusted entity, dedicated to assisting donors in enhancing charitable giving. This is achieved by building and maintaining a permanent collection of endowment funds, exclusively for the betterment of Clearfield County. The foundation's mission extends beyond the present, aiming to benefit future generations as well. With a focus on leadership initiatives and effective responses to community needs and opportunities, the Clearfield County Charitable Foundation plays a significant role in shaping a more charitable and prosperous future for the county.
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Impact
August, 2024
Clearfield County Charitable Foundation's impact lies in assisting donors to enhance charitable giving by building and maintaining a permanent collection of endowment funds exclusively for the betterment of Clearfield County for present and future generations. Through leadership initiatives and effective responses to community needs and opportunities, the foundation plays a crucial role in supporting various charitable organizations and initiatives within the county. Its mission is focused on driving philanthropic endeavors to create a positive and lasting impact on the community's well-being.
This information is meant to be a general summary of Clearfield County Charitable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $216,031
- Gross Receipts: $4,926,650
Assets and Liabilities:
- Total Assets: $10,357,777
- Total Liabilities: $0
- Net Assets: $10,357,777
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Organization Details
Founding Year
2006
Phone
(814) 765-7682Principal Officer
George M Weidlein Vp Rel
Main Address
PO BOX 1442, CLEARFIELD, PA, 16830
NTEE Category
Code: T31 - Philanthropy
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