Overview
What is The Community Foundation Inc?
The Community Foundation Inc, located at 3409 Moore Street, Richmond, Virginia, is a nonprofit organization dedicated to enhancing community health and wellbeing. Their mission is to facilitate informed and inspired philanthropy, bringing people together to transform their community. The foundation focuses on ensuring residents have access to preventive services and quality healthcare. They operate safety net clinics, promote mental health services, and offer trauma-informed care. Additionally, they address basic physical health needs by facilitating access to food and nutrition and encouraging regular physical activity and health education. The foundation supports older adults by improving and sustaining their quality of life. Their strategic efforts include facilitating access to primary healthcare, offering medical-related home visitation, and providing wraparound services to maintain health. With a team of 71 employees, The Community Foundation Inc is dedicated to making a significant impact on the health and wellbeing of their community.
Official website here: www.cfrichmond.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star rating)
The Community Foundation Inc has achieved a remarkable 99% score, reflecting its strong commitment to accountability and financial transparency. This high rating is indicative of its effective governance practices, including a fully independent board and comprehensive financial oversight. The organization has demonstrated best practices across a range of metrics, such as maintaining no material diversions of assets and ensuring all financial documents are accessible on its website.
Strengths highlighted include the foundation's excellent program expense ratio of 85.54%, indicating that a significant majority of its expenditures are directed towards its programs rather than administrative costs. Furthermore, the organization exhibits outstanding fundraising efficiency, with minimal costs relative to the funds raised, which underscores its operational effectiveness. However, it is noted that the foundation does not have a donor privacy policy posted on its website, which may be a consideration for potential donors concerned about confidentiality.
Overall, The Community Foundation Inc stands out for its transparency and governance, making it a trustworthy option for donors. While there are minor areas for improvement, such as the lack of a donor privacy policy, its financial health and programmatic focus showcase a strong organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation Inc legitimate?
The Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 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: $1,233,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,735,391
For more financial information, click here
Official website here: www.cfrichmond.org
What is the mission statement of The Community Foundation Inc?
The Community Foundation Inc is dedicated to bringing people together with the goal of improving their community through informed and inspired philanthropy. Their mission is geared towards enhancing community wellbeing, with a particular focus on ensuring residents have access to comprehensive and coordinated preventative services and quality healthcare. The organization facilitates access to primary healthcare by operating safety net clinics and promoting the use of a medical home. They offer medical-related home visitation and wraparound services to maintain health, as well as mental health services. In addition, they address basic physical health by facilitating access to food and nutrition and promoting regular physical activity and health education. The Community Foundation also engages in targeted interventions, such as offering trauma-informed care and improving the quality of life for older adults.
Official website here: www.cfrichmond.org
Who is the CEO of The Community Foundation Inc?
Sherrie Armstrong is the Chair of The Community Foundation Inc. The CEO's salary of The Community Foundation Inc is $420,179 and their total compensation is $442,135.
Official website here: www.cfrichmond.org
What is the revenue of The Community Foundation Inc?
The Community Foundation Inc's revenue in 2022 was $73,819,755.
Official website here: www.cfrichmond.org
Who are the executives of The Community Foundation Inc and what are their salaries?
The average compensation at The Community Foundation Inc during 2022 was $69,981. There are 71 employees and 12620 volunteers at The Community Foundation Inc.
Here are 31 key members and their salaries (The Community Foundation Inc's CEO's salary is $420,179 and their total compensation is $442,135):
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- Compensation: $420,179
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- Other: $21,956
- Compensation: $187,063
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- Other: $31,842
- Compensation: $213,202
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- Compensation: $177,979
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- Compensation: $153,182
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- Compensation: $146,532
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- Compensation: $144,170
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- Compensation: $148,551
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- Compensation: $112,947
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- Compensation: $102,821
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- Other: $12,543
Official website here: www.cfrichmond.org
Where can I find the form 990 for The Community Foundation Inc?
The Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfrichmond.org
Learn more at the official website: www.cfrichmond.org
Mission Statement of The Community Foundation Inc
The Community Foundation Inc is a philanthropic organization that bridges people together with a shared vision to enhance their community through informed and motivated giving. With a mission centered on informed and inspired philanthropy, the foundation focuses on transforming lives by addressing various aspects of community well-being.
One of the strategic focus areas for The Community Foundation Inc is to ensure that residents have access to comprehensive and coordinated preventive services and quality healthcare. The organization plays a vital role in promoting access to primary healthcare, often operating safety net clinics. They facilitate the use of a medical home and offer medical-related home visits to maintain overall health. Furthermore, they provide wraparound services to maintain health and offer mental health services to address both emotional and psychological needs.
By targeting specific areas of need, The Community Foundation Inc also aims to improve the quality of life for older adults and offers trauma-informed care. Another essential aspect of their mission is addressing the basic physical health requirements of the community. They facilitate access to food and nutrition, promote regular physical activity, and teach health education. The organization's efforts extend to providing targeted interventions and improving the overall well-being of individuals within the community.
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Impact
October, 2024
The Community Foundation Inc. significantly influences the Richmond, VA community by fostering collaboration aimed at enhancing health and wellness. By facilitating access to comprehensive and coordinated preventive services, residents are empowered with the resources needed to maintain their health, nutrition, and safety.
Key initiatives focus on ensuring that individuals have access to primary health care through operations of safety net clinics and support for medical homes. The Foundation plays a crucial role in offering medical-related home visitation and wraparound services that help sustain health, while also addressing the mental health needs of the community.
Moreover, the organization promotes basic physical health by facilitating access to nutritious food, encouraging regular physical activity, and providing health education. Targeted interventions, including trauma-informed care, are also implemented to improve the quality of life for older adults, ensuring that their specific needs are met.
In sum, The Community Foundation Inc. serves as a vital link in transforming lives through informed and inspired philanthropy, ultimately contributing to a healthier and more resilient community.
This information is meant to be a general summary of The 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 2022.
- Investment Income: $20,791,649
- Program Service Revenue: $618,504
- Gross Receipts: $73,819,755
Assets and Liabilities:
- Total Assets: $758,876,612
- Total Liabilities: $60,988,655
- Net Assets: $697,887,957
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CIVIC ENGAGEMENT
Revenue
$527,932
CONNECTVA
Revenue
$62,150
PROGRAM-RELATED INTEREST INCOME
Revenue
$28,422
Organization Details
Founding Year
1968
Phone
(804) 330-7400Principal Officer
Sherrie Armstrong
Main Address
3409 MOORE STREET, RICHMOND, VA, 23230
Website
www.cfrichmond.orgNTEE Category
Code: T310 - Philanthropy
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