Overview
What is South Haven Community Foundation?
The South Haven Area Community Foundation is a nonprofit organization located in South Haven, Michigan. They are committed to strengthening the area's future by establishing endowments. Their primary role involves providing grants to various non-profit organizations and programs, aligning with the wishes of their donors. This support extends to charitable, cultural, educational, and economic development initiatives within the greater South Haven community. Their mission is to enhance the quality of life for all residents, respecting the area's heritage while nurturing its present and ensuring its future prosperity.
Official website here: www.southhavencf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The South Haven Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high score of 96% in this category, the organization demonstrates a commitment to transparency and responsible financial management, which is crucial for building donor trust.
Strengths of the foundation include its fully independent board, which comprises 17 members, ensuring that decisions are made without conflicts of interest. Additionally, the organization has robust financial oversight mechanisms in place, with no reported material diversion of assets and a strong program expense ratio of 79.17%, indicating that a significant portion of funds is directed towards its programs and initiatives.
While the rating highlights many strengths, it is important for potential donors to consider the entirety of the foundation's activities and the impact of its programs. Overall, the South Haven Community Foundation's strong financial practices and governance structures suggest it is well-equipped to effectively carry out its mission.
This AI summary has been generated from information found on Charity Navigator.
Is South Haven Community Foundation legitimate?
South Haven Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Haven 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.
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Official website here: www.southhavencf.org
What is the mission statement of South Haven Community Foundation?
The South Haven Community Foundation is committed to enhancing the quality of life in its region by securing its future through endowments. Their mission, stated in the third person, is to promote and enrich the lives of all residents in the greater South Haven area by honoring its heritage, nurturing its present, and endowing its future. The organization provides grants to non-profit organizations or programs based on donors' wishes, supporting charitable, cultural, educational, and economic development in the area.
Official website here: www.southhavencf.org
Who is the CEO of South Haven Community Foundation?
Roger Beglin is the President of South Haven Community Foundation.
Official website here: www.southhavencf.org
What is the revenue of South Haven Community Foundation?
South Haven Community Foundation's revenue in 2023 was $1,506,261.
Official website here: www.southhavencf.org
Who are the executives of South Haven Community Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.southhavencf.org
Where can I find the form 990 for South Haven Community Foundation?
South Haven Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.southhavencf.org
Learn more at the official website: www.southhavencf.org
Mission Statement of South Haven Community Foundation
The South Haven Community Foundation is committed to enhancing the quality of life in its community by ensuring its future prosperity through endowments. This mission-driven organization seeks to promote and enrich the quality of life for all residents in the greater South Haven area. It honors the area's heritage, nurtures its present, and endows its future. In pursuit of this mission, the foundation provides grants to non-profit organizations and programs, aligning with the wishes of its donors. These grants support charitable, cultural, educational, and economic development initiatives within the greater South Haven area. By engaging in these activities, the South Haven Community Foundation aims to contribute to the betterment and sustainable growth of the community it serves.
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Impact
October, 2024
The South Haven Community Foundation significantly enhances the quality of life for residents in the greater South Haven area through its commitment to securing the community's future via endowments. By providing grants to various nonprofit organizations and programs, it aligns financial support with the wishes of its donors, enabling vital contributions to charitable, cultural, educational, and economic development initiatives. This strategic approach not only honors the area's heritage but also nurtures its present while ensuring a thriving future for all community members. Through its philanthropic efforts, the foundation fosters a stronger, more vibrant South Haven.
This information is meant to be a general summary of South Haven 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $301,495
- Gross Receipts: $1,506,261
Assets and Liabilities:
- Total Assets: $5,502,878
- Total Liabilities: $272,353
- Net Assets: $5,230,525
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Organization Details
Founding Year
2005
Phone
(269) 815-4223Principal Officer
Roger Beglin
Main Address
PO BOX 507, SOUTH HAVEN, MI, 490900507
Website
www.southhavencf.orgNTEE Category
Code: T31 - Philanthropy
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