Overview
What is Berks County Community Foundation Inc?
Berks County Community Foundation Inc, situated in Reading, Pennsylvania, serves as a hub for charitable giving, managing over 370 distinct funds. Each fund has a specific purpose, as set by its original donor, reflecting a wide range of community needs. Some donors prefer to leave the allocation of funds to the discretion of the foundation's board, ensuring its flexibility and responsiveness to the local community's evolving requirements. With a mission to foster philanthropy and enhance the quality of life for Berks County residents, the foundation strives to make a positive impact in the area, employing a team of 16 individuals to accomplish its goals.
Official website here: www.bccf.org
What are the reviews and ratings of this charity?
The Berks County Community Foundation Inc has achieved an exceptional score of 100% on Charity Navigator, earning a prestigious Four-Star out of Four Star rating. This perfect score demonstrates the organization’s adherence to high standards in accountably managing finances and cultivating a positive organizational culture. Their performance is particularly commendable in key areas of financial responsibility and transparency.
With an Accountability & Finance Score of 100, the foundation showcases remarkable financial stewardship, meeting all evaluated criteria, such as having an independent board, conflict of interest policies, and thorough documentation practices. It stands out with impressive program and fundraising efficiency, denoting effective allocation and management of resources, as well as a healthy working capital ratio.
In terms of culture and community impact, the organization receives a flawless score, indicating a strong commitment to feedback and innovation. However, no user reviews from GreatNonprofits are available to provide insight into individual experiences or community perceptions. Overall, its high ratings position it as a model nonprofit in governance and community-driven initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Berks County Community Foundation Inc legitimate?
Berks County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berks County 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: $527,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $713,276
For more financial information, click here
Official website here: www.bccf.org
What is the mission statement of Berks County Community Foundation Inc?
The Berks County Community Foundation Inc's mission is to foster philanthropy and enhance the living standards for the community's residents. This organization promotes philanthropy as a means to better the community's quality of life. They manage over 370 different funds, each established with a specific purpose determined by the original donor. Some donors choose to leave the use of the funds to the discretion of the foundation's board, allowing the foundation to remain adaptable and responsive to the community's evolving needs.
Official website here: www.bccf.org
Who is the CEO of Berks County Community Foundation Inc?
Kevin K Murphy is the Chair of Berks County Community Foundation Inc.
Official website here: www.bccf.org
What is the revenue of Berks County Community Foundation Inc?
Berks County Community Foundation Inc's revenue in 2023 was $11,644,962.
Official website here: www.bccf.org
Who are the executives of Berks County Community Foundation Inc and what are their salaries?
The average compensation at Berks County Community Foundation Inc during 2023 was $77,572. There are 16 employees and 200 volunteers at Berks County Community Foundation Inc.
Here are 15 key members and their salaries:
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- Compensation: $180,956
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- Other: $16,497
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- Compensation: $140,349
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- Other: $5,962
Official website here: www.bccf.org
Where can I find the form 990 for Berks County Community Foundation Inc?
Berks County Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bccf.org
Learn more at the official website: www.bccf.org
Mission Statement of Berks County Community Foundation Inc
Berks County Community Foundation Inc is dedicated to fostering philanthropy and enhancing the livelihood of the residents in Berks County, Pennsylvania. Their primary mission is to promote philanthropy, serving as a platform for individuals looking to make charitable contributions that support their community. The foundation manages over 370 distinct funds, each established with a specific purpose determined by the original donor. Some donors entrust the foundation with the discretion to allocate the funds, allowing the organization to remain flexible and responsive to the changing needs of the community. In this manner, Berks County Community Foundation Inc can effectively allocate resources to areas where they are most needed and contribute to improving the overall quality of life for the community's residents.
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Impact
October, 2024
Berks County Community Foundation Inc has a significant impact on the quality of life for residents of Berks County, Pennsylvania. By promoting philanthropy and connecting individuals with charitable giving opportunities, the foundation plays a crucial role in addressing the community's diverse needs.
Managing over 370 funds, each with specific purposes dictated by original donors, the foundation ensures that contributions are directed effectively to support various causes. This approach not only allows for targeted assistance but also provides the flexibility to respond to emerging community challenges.
Through its efforts, Berks County Community Foundation empowers individuals to make meaningful contributions, fostering a culture of giving that enhances community well-being and strengthens local initiatives. By acting as a steward of these funds, it directly contributes to the development and sustainability of vital programs and services within the area.
This information is meant to be a general summary of Berks County 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 2023.
- Investment Income: $6,074,664
- Gross Receipts: $37,428,324
Assets and Liabilities:
- Total Assets: $123,855,597
- Total Liabilities: $7,299,711
- Net Assets: $116,555,886
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Organization Details
Founding Year
1994
Phone
(610) 685-2223Principal Officer
Kevin K Murphy
Main Address
237 COURT STREET, READING, PA, 19601
Website
www.bccf.orgNTEE Category
Code: T31 - Philanthropy
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