Overview
What is Wilton Community Foundation?
The Wilton Community Foundation is a nonprofit organization situated in Muscatine, Iowa. Its primary mission is to support various community, educational, religious, and charitable organizations within the Wilton area. One of their significant activities includes providing scholarship funds to Wilton High School students pursuing higher education, achieved through contributions to the school system. Beyond educational support, the foundation extends its reach to numerous community initiatives, demonstrating a strong commitment to the welfare of Wilton's residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Wilton Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial management practices. This high score is derived entirely from a single beacon score, with a perfect rating in several key areas, indicating that the organization operates with transparency and integrity.
Strengths of the foundation include a fully independent board and a solid program expense ratio of 88.23%, suggesting that a significant portion of their funding is directed towards their programs and services. Moreover, the absence of material diversion of assets and the presence of critical policies such as conflict of interest and whistleblower policies further demonstrate the organization’s commitment to ethical governance.
While the foundation has exhibited exemplary performance in financial accountability and governance, specific qualitative feedback from users was not provided. Overall, the strong rating reflects a well-managed organization focused on community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Wilton Community Foundation legitimate?
Wilton Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wilton 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Wilton Community Foundation?
The Wilton Community Foundation's primary mission is dedicated to providing support for various community, educational, religious, and charitable organizations. This support is extended within its specific area of operation. The foundation's activities include providing scholarship funds to students from Wilton High School, who are pursuing their higher education, through contributions to the school system. In essence, the Wilton Community Foundation aims to contribute positively to its community by supporting a wide range of organizations and fostering educational opportunities for its youth.
Who is the CEO of Wilton Community Foundation?
David Carpenter is the Board Member of Wilton Community Foundation.
What is the revenue of Wilton Community Foundation?
Wilton Community Foundation's revenue in 2022 was $80,000.
Who are the executives of Wilton Community Foundation and what are their salaries?
There 7 volunteers at Wilton Community Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Wilton Community Foundation?
Wilton Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wilton Community Foundation
The Wilton Community Foundation, as its primary mission, is committed to providing support for a variety of community, educational, religious, and charitable organizations within its operational sphere. This nonprofit organization seeks to lend a helping hand to these organizations, ensuring they have the necessary resources to thrive and make a positive impact in their respective communities.
One of the key ways the Wilton Community Foundation achieves its mission is by offering scholarship funds to students from Wilton High School who are pursuing their higher education. Through contributions to the school system, the foundation enables deserving students to access higher education, thereby investing in the future leaders and innovators of society. By providing this financial assistance, the Wilton Community Foundation plays a vital role in empowering young individuals and contributing to the development of a well-educated community.
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Impact
August, 2024
The Wilton Community Foundation's impact can be seen in its support for various community, educational, religious, and charitable organizations in the Wilton area. One significant way it has made a difference is by providing scholarship funds to Wilton High School students attending college through contributions to the school system. This support helps students further their education and pursue their goals, ultimately benefiting both the individuals and the community as a whole.
This information is meant to be a general summary of Wilton 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: -$68,379
- Gross Receipts: $464,828
Assets and Liabilities:
- Total Assets: $644,198
- Total Liabilities: $0
- Net Assets: $644,198
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Organization Details
Founding Year
1975
Phone
(563) 263-1122Principal Officer
David Carpenter
Main Address
C/O COMMUNITY BANK TR PO BOX 500, MUSCATINE, IA, 52761
NTEE Category
Code: T31 - Philanthropy
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