Overview
What is Wayne County Community Foundation?
The Wayne County Community Foundation, located at 918 Church Street Suite SUITE F, Honesdale, PA 18431, is a dedicated nonprofit organization. Its primary mission is to enhance and preserve the quality of life for all residents in Wayne County, Pennsylvania. The foundation achieves this by investing in the community, growing its endowment, fostering philanthropy and innovation, supporting charitable activities, and assessing and addressing community needs. Through grants and awards, the foundation backs a diverse range of programs and initiatives within the community. With a modest workforce of two employees, this nonprofit plays a significant role in enhancing the welfare of Wayne County's people.
Official website here: www.waynefoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Wayne County Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's score is derived purely from its accountability metrics, highlighting its commitment to transparency and responsible financial practices.
Key strengths include a fully independent board of 21 members and robust policies in place for conflict of interest, whistleblower protections, and document retention. The foundation demonstrates excellent financial health, with a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its funds directly support its mission.
While the organization showcases outstanding fundraising efficiency, it maintains a healthy working capital ratio, ensuring long-term stability and the capacity to fulfill its objectives. Overall, the Wayne County Community Foundation is recognized for its dedication to effective governance and impactful community support.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wayne County Community Foundation?
Though the Wayne County Community Foundation currently has not received a formal rating, the comments indicate a strong appreciation for its support. One user expressed gratitude for assistance with funding for improvements and repairs at the Damascus Historical site, highlighting the foundation’s role in fostering community projects.
The sentiment conveyed suggests that the foundation is viewed positively by those it helps. Users seem to recognize and value the foundation's efforts to provide financial assistance to local initiatives, which can enhance community facilities and historical preservation.
Overall, it seems the Wayne County Community Foundation is perceived as a valuable resource for community development, illustrating its commitment to supporting local needs and initiatives.
This AI summary has been generated from reviews found on Facebook.
Is Wayne County Community Foundation legitimate?
Wayne County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayne County 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: $84,843
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,514
For more financial information, click here
Official website here: www.waynefoundation.org
What is the mission statement of Wayne County Community Foundation?
The Wayne County Community Foundation's mission is centered around enhancing the quality of life for all individuals. They achieve this by investing in their community, growing their endowment, encouraging philanthropy and innovation, supporting charitable activities, and assessing and addressing community needs. The foundation supports a diverse range of programs and initiatives in the community through grants and awards, aiming to make a positive impact on the local population.
Official website here: www.waynefoundation.org
Who is the CEO of Wayne County Community Foundation?
Jay Starnes is the First Vice President of Wayne County Community Foundation. The CEO's salary of Wayne County Community Foundation is $77,689 and their total compensation is $77,689.
Official website here: www.waynefoundation.org
What is the revenue of Wayne County Community Foundation?
Wayne County Community Foundation's revenue in 2023 was $2,993,787.
Official website here: www.waynefoundation.org
Who are the executives of Wayne County Community Foundation and what are their salaries?
The average compensation at Wayne County Community Foundation during 2023 was $81,678. There are 2 employees and 1 volunteer at Wayne County Community Foundation.
Here are 23 key members and their salaries (Wayne County Community Foundation's CEO's salary is $77,689 and their total compensation is $77,689):
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Official website here: www.waynefoundation.org
Where can I find the form 990 for Wayne County Community Foundation?
Wayne County Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.waynefoundation.org
Learn more at the official website: www.waynefoundation.org
Mission Statement of Wayne County Community Foundation
The Wayne County Community Foundation is devoted to improving the quality of life for all individuals residing in Wayne County. To achieve this mission, the foundation takes several strategic steps. Firstly, it invests in the community by continuously growing its endowment, fostering philanthropy, and encouraging innovation. Secondly, it supports charitable activities by providing grants and awards to various programs and initiatives within the community. Lastly, the foundation assesses and addresses community needs, ensuring that its contributions align with the most pressing concerns of the region. By carrying out these activities, the Wayne County Community Foundation is making a significant impact on the well-being of its community members.
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Impact
October, 2024
Wayne County Community Foundation has a profound impact on the quality of life for residents in Wayne County, PA. By acting as a catalyst for positive change, the Foundation focuses on preserving and enhancing the community's well-being through various initiatives and programs. It achieves this by offering grants and awards that support a wide array of charitable activities tailored to the community's needs.
The Foundation’s commitment to growing its endowment and encouraging philanthropy fosters a culture of giving and innovation in the area. By assessing and addressing the community's needs, it ensures that resources are directed towards impactful projects, ultimately enriching the lives of all individuals in Wayne County. Through its dedicated efforts, the Foundation plays a crucial role in building a stronger, more resilient community.
This information is meant to be a general summary of Wayne County 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: $365,343
- Gross Receipts: $3,907,682
Assets and Liabilities:
- Total Assets: $12,099,954
- Total Liabilities: $98,248
- Net Assets: $12,001,706
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Organization Details
Founding Year
1991
Phone
(570) 251-9993Principal Officer
Jay Starnes
Main Address
918 CHURCH STREET Ste SUITE F, Honesdale, PA, 18431
Website
www.waynefoundation.orgNTEE Category
Code: T31 - Philanthropy
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