Overview
What is Baltimore Community Foundation Inc?
Baltimore Community Foundation Inc is a nonprofit organization located in Baltimore, Maryland, at 11 E Mount Royal Ave 2nd Floor, with a team of 31 employees. They provide grantmaking services and administer donor-advised funds, enabling individual and corporate donors to recommend grants to their preferred nonprofit organizations. Baltimore Community Foundation currently manages 451 donor-advised funds, ranging in size from $10,000 to $25 million. By offering this convenient vehicle, the foundation fosters philanthropy and collaborates with donors to achieve their charitable objectives. The mission of Baltimore Community Foundation is to inspire donors to attain their charitable goals and enhance the quality of life in the Baltimore region through grantmaking, enlightened civic leadership, and strategic investments.
Official website here: www.bcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star Rating from Charity Navigator)
The Baltimore Community Foundation Inc has received an impressive 99% rating, reflecting a strong commitment to accountability and financial transparency. The foundation boasts a highly independent board, with 96% of its 29 members being independent. The organization excels in areas such as audit oversight, conflict of interest policies, and the public availability of key documents, contributing to its high accountability score.
In terms of impact, the foundation achieved a perfect score of 100 in both impact measurement and evaluation. They reported beneficial outcomes for 355 individuals within a specified timeframe, indicating effective program implementation and a measurable positive influence on the community. Additionally, the foundation demonstrates excellent financial health, with a program expense ratio of 86.09% and a very low fundraising cost.
However, one noted limitation is the absence of a donor privacy policy, which received a score of 0 out of 2 points. While this does not significantly detract from the foundation's overall strong performance, it is an area for potential improvement in terms of safeguarding donor information and enhancing trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Community Foundation Inc legitimate?
Baltimore Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore 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: $913,387
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,839,165
For more financial information, click here
Official website here: www.bcf.org
What is the mission statement of Baltimore Community Foundation Inc?
The Baltimore Community Foundation inspires donors to achieve their charitable goals by offering grantmaking services and administering donor-advised funds. This enabling donors of various sizes to support nonprofit organizations of their choice. The foundation's mission goes beyond grantmaking, with a commitment to enhancing the quality of life in the community through enlightened civic leadership and strategic investments. The Baltimore Community Foundation manages 451 donor-advised funds, providing a convenient platform for donors to fulfill their philanthropic objectives. The organization values partnerships with donors who wish to be actively involved in the grantmaking process.
Official website here: www.bcf.org
Who is the CEO of Baltimore Community Foundation Inc?
Dr Shanaysha Sauls is the Board Member of Baltimore Community Foundation Inc. The CEO's salary of Baltimore Community Foundation Inc is $141,044 and their total compensation is $155,180.
Official website here: www.bcf.org
What is the revenue of Baltimore Community Foundation Inc?
Baltimore Community Foundation Inc's revenue in 2022 was $31,460,841.
Official website here: www.bcf.org
Who are the executives of Baltimore Community Foundation Inc and what are their salaries?
The average compensation at Baltimore Community Foundation Inc during 2022 was $88,792. There are 31 employees and 62 volunteers at Baltimore Community Foundation Inc.
Here are 37 key members and their salaries (Baltimore Community Foundation Inc's CEO's salary is $141,044 and their total compensation is $155,180):
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- Compensation: $175,999
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- Compensation: $187,286
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- Compensation: $139,466
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- Other: $14,451
- Compensation: $135,189
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- Other: $26,882
- Compensation: $141,044
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- Other: $14,136
- Compensation: $128,658
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- Other: $13,829
Official website here: www.bcf.org
Where can I find the form 990 for Baltimore Community Foundation Inc?
Baltimore Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bcf.org
Learn more at the official website: www.bcf.org
Mission Statement of Baltimore Community Foundation Inc
Baltimore Community Foundation Inc, a charitable organization, inspires donors to achieve their philanthropic goals. The mission of this foundation is multi-faceted, focusing on inspiring donors to make a difference in their communities from generation to generation, as well as improving the quality of life in the Baltimore region through grantmaking, enlightened civic leadership, and strategic investments.
The Baltimore Community Foundation offers professional grantmaking services and manages donor-advised funds. These funds allow individual and corporate donors to recommend grants to nonprofit organizations of their choice. With 451 donor-advised funds ranging in size from $10,000 to $25,000,000, the foundation encourages philanthropy by providing a convenient vehicle for donors to reach their charitable objectives. The foundation values partnerships with donors who want to be actively involved in the grantmaking process.
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Impact
October, 2024
Baltimore Community Foundation Inc significantly impacts the Baltimore region by inspiring and facilitating philanthropy among individual and corporate donors. Through its extensive network of 451 donor-advised funds, ranging in size from $10,000 to $25 million, the foundation provides a streamlined approach for donors to achieve their charitable goals. This grantmaking service empowers donors to recommend grants to organizations they care about, enhancing community engagement and support for various causes.
In addition to promoting philanthropy, the foundation plays a crucial role in improving the overall quality of life in Baltimore. Its mission extends beyond mere financial contributions, as it emphasizes enlightened civic leadership and strategic investments in the community. By partnering with donors who seek to be actively involved in the grantmaking process, Baltimore Community Foundation not only addresses immediate needs but also fosters long-term positive changes across the region, ensuring a lasting legacy of generosity and support for future generations.
This information is meant to be a general summary of Baltimore 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: $7,240,314
- Gross Receipts: $74,820,653
Assets and Liabilities:
- Total Assets: $250,868,287
- Total Liabilities: $15,643,450
- Net Assets: $235,224,837
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Organization Details
Founding Year
1972
Phone
(410) 332-4172Principal Officer
Dr Shanaysha Sauls
Main Address
11 E MOUNT ROYAL AVE 2ND FLOOR, BALTIMORE, MD, 21202
Website
www.bcf.orgNTEE Category
Code: T310 - Philanthropy
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