Overview
What is Renton Regional Community Fndn?
The Renton Regional Community Foundation is a nonprofit organization situated in Renton, Washington. They manage various charitable funds established by donors and local agencies, utilizing these resources to grant back to the community, supporting a wide range of charitable purposes. Specifically, their areas of focus include health care, education, youth and families, arts, and pet care, among others. With a small team of two dedicated individuals, the foundation plays a significant role in contributing to the betterment of the Renton community.
Official website here: www.rentonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Renton Regional Community Foundation has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is primarily based on a comprehensive assessment of its financial practices, revealing strong oversight and efficient use of funds, exemplified by an impressive program expense ratio of 97.08%.
Strengths highlighted in the evaluation include a fully independent board of directors, which enhances governance and decision-making. The foundation also demonstrates robust financial management practices, such as the absence of material diversion of assets and effective oversight through an audit committee. The organization has shown a commitment to transparency by ensuring that all relevant documents are accessible, including board meeting minutes and conflict of interest policies.
Despite the excellent score, there are no noted limitations in the available data. The foundation's strong financial ratios, such as its low liabilities to assets ratio and effective fundraising efficiency, further reinforce its capability to fulfill its mission effectively and sustainably. Overall, the Renton Regional Community Foundation stands out as a well-managed and accountable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Renton Regional Community Fndn legitimate?
Renton Regional Community Fndn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renton Regional Community Fndn 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: $117,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,435
For more financial information, click here
Official website here: www.rentonfoundation.org
What is the mission statement of Renton Regional Community Fndn?
The Renton Regional Community Foundation manages various charitable funds established by donors and local agencies. Its primary activity involves granting funds back to the community to support diverse charitable purposes. The foundation's mission, in essence, is to oversee these charitable funds and distribute them to benefit causes such as healthcare, education, youth and family services, arts, pet care, and more within the community. The foundation serves as a bridge between donors, local agencies, and the community, ensuring that charitable contributions are utilized effectively for the betterment of various sectors.
Official website here: www.rentonfoundation.org
Who is the CEO of Renton Regional Community Fndn?
Leanne Moss is the Executive Director of Renton Regional Community Fndn.
Official website here: www.rentonfoundation.org
What is the revenue of Renton Regional Community Fndn?
Renton Regional Community Fndn's revenue in 2022 was $3,109,792.
Official website here: www.rentonfoundation.org
Who are the executives of Renton Regional Community Fndn and what are their salaries?
The average compensation at Renton Regional Community Fndn during 2022 was $77,866. There are 2 employees and 32 volunteers at Renton Regional Community Fndn.
Here are 15 key members and their salaries:
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Official website here: www.rentonfoundation.org
Where can I find the form 990 for Renton Regional Community Fndn?
Renton Regional Community Fndn's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rentonfoundation.org
Learn more at the official website: www.rentonfoundation.org
Mission Statement of Renton Regional Community Fndn
The Renton Regional Community Foundation, often referred to as 'The Foundation,' plays a vital role in managing charitable funds established by both individual donors and local agencies. Its primary mission is to channel these funds back into the community, supporting a myriad of charitable purposes. These causes encompass sectors such as health care, education, youth and families, arts, and pet care, among others. By administering these funds, The Foundation acts as a bridge between generous contributors and the causes that resonate with them, ultimately contributing to the betterment of the community at large.
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Impact
October, 2024
Renton Regional Community Foundation significantly impacts the community by managing charitable funds established by local donors and agencies. Through these funds, it provides grants that support a wide range of causes, including health care, education, youth programs, family services, the arts, and even pet care. This focused approach enables the foundation to respond effectively to the unique needs of the Renton community, fostering a culture of philanthropy that enhances the quality of life for its residents. By bridging the gap between donors and essential services, the foundation plays a vital role in addressing local challenges and promoting community well-being.
This information is meant to be a general summary of Renton Regional Community Fndn. 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: $123,851
- Gross Receipts: $3,123,999
Assets and Liabilities:
- Total Assets: $11,272,345
- Total Liabilities: $1,405,057
- Net Assets: $9,867,288
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Organization Details
Founding Year
1990
Principal Officer
Leanne Moss
Main Address
PO BOX 820, RENTON, WA, 98057
Website
www.rentonfoundation.orgNTEE Category
Code: T31 - Philanthropy
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