Overview
What is Schuylkill Area Community Foundation?
The Schuylkill Area Community Foundation is a nonprofit organization situated in Pottsville, Pennsylvania. Its primary mission is to cater to the interests of philanthropic donors and become responsible custodians of financial contributions aimed at bolstering the local community. This foundation serves as a steward for these gifts, supporting various community initiatives. With a team of only four employees, the Schuylkill Area Community Foundation plays an essential role in channeling financial resources towards enriching the local community.
Official website here: www.sacfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Schuylkill Area Community Foundation has achieved an exceptional Four-Star rating from Charity Navigator, reflecting its high standards of accountability and financial management. The organization scored perfectly across various categories, indicating strong governance and transparency. Notably, it maintains a fully independent board, ensuring unbiased decision-making and oversight.
The foundation excels in financial health, with a program expense ratio of 73.50%, which suggests that a significant portion of its funds is directed toward its charitable activities rather than administrative costs. Additionally, it showcases impressive fundraising efficiency, with minimal costs incurred to raise funds, demonstrating effective resource management. This positive financial standing signals a robust capacity to support its mission.
While the data highlights numerous strengths, the reliance on a single beacon score may limit the comprehensive assessment of the foundation’s overall impact. However, the strong governance practices and transparency noted in the evaluation provide confidence in its operations and mission delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Schuylkill Area Community Foundation legitimate?
Schuylkill Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schuylkill Area 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: $77,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,072
For more financial information, click here
Official website here: www.sacfoundation.com
What is the mission statement of Schuylkill Area Community Foundation?
The Schuylkill Area Community Foundation's mission is centered around serving the interests of philanthropic donors and becoming responsible stewards of financial gifts. Their primary objective is to support their community by managing these contributions effectively. The foundation's role is to ensure that the philanthropic donations contribute positively to the community's well-being.
Official website here: www.sacfoundation.com
Who is the CEO of Schuylkill Area Community Foundation?
Mr Gary Glessner is the Executive Director of Schuylkill Area Community Foundation.
Official website here: www.sacfoundation.com
What is the revenue of Schuylkill Area Community Foundation?
Schuylkill Area Community Foundation's revenue in 2022 was $2,823,262.
Official website here: www.sacfoundation.com
Who are the executives of Schuylkill Area Community Foundation and what are their salaries?
The average compensation at Schuylkill Area Community Foundation during 2022 was $31,518. There are 4 employees at Schuylkill Area Community Foundation.
Here are 14 key members and their salaries:
- Compensation: $77,000
- Related: $0
- Other: $9,931
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- Other: $0
Official website here: www.sacfoundation.com
Where can I find the form 990 for Schuylkill Area Community Foundation?
Schuylkill Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sacfoundation.com
Learn more at the official website: www.sacfoundation.com
Mission Statement of Schuylkill Area Community Foundation
The Schuylkill Area Community Foundation, in its mission, serves the interests of philanthropic donors and aims to become the stewards of financial gifts that support their community. This nonprofit organization takes on the responsibility of managing contributions made by generous individuals, ensuring that the funds are allocated to initiatives that benefit the community at large. By acting as stewards, the Schuylkill Area Community Foundation plays a crucial role in fostering positive change and development within the community, aligning donors' philanthropic goals with local needs.
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Impact
October, 2024
The Schuylkill Area Community Foundation plays a vital role in enhancing the quality of life in the region by managing and distributing financial gifts to meet the community's needs. It acts as a steward for philanthropic donors, ensuring that their contributions effectively support local initiatives and organizations. Through its efforts, the foundation fosters a culture of giving, encouraging community members to engage in philanthropy and further invest in the welfare of their neighbors. By focusing on sustainable funding for various community projects, the foundation helps address pressing local issues, ultimately driving positive change and community development. Overall, its impact is reflected in the strengthened social fabric of Pottsville and the surrounding areas.
This information is meant to be a general summary of Schuylkill Area 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 2022.
- Investment Income: $1,029,755
- Gross Receipts: $5,498,156
Assets and Liabilities:
- Total Assets: $31,587,342
- Total Liabilities: $445,500
- Net Assets: $31,141,842
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Organization Details
Founding Year
1967
Phone
(570) 624-7223Principal Officer
Mr Gary Glessner
Main Address
216 SOUTH CENTRE STREET, POTTSVILLE, PA, 17901
Website
www.sacfoundation.comNTEE Category
Code: T90 - Philanthropy
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