Overview
What is Community Foundation Of Western Pennsylvania And Eastern Ohio?
The Community Foundation of Western Pennsylvania and Eastern Ohio is a charitable organization based in Sharon, Pennsylvania. With a team of nine dedicated individuals, the foundation provides a flexible and permanent platform for donors to grant funds to qualified charities. The foundation has the autonomy to determine the most effective use of these funds to address community needs. Its governing board, comprised of knowledgeable volunteers active in civic affairs, is committed to providing leadership on pervasive community challenges, assisting donors in achieving their philanthropic goals, and adhering to a sense of community that supersedes individual interests. The foundation supports community-based charitable purposes in areas including health, education, economic development, human services, historical, cultural, and environmental activities.
Official website here: www.comm-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Stars)
The Community Foundation of Western Pennsylvania and Eastern Ohio has received a remarkable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization's impressive score is largely due to its strong financial management, indicated by a program expense ratio of 81.78%, demonstrating a significant commitment to its mission rather than administrative costs.
Strengths of the foundation include a fully independent board consisting of 17 members, comprehensive audit procedures, and the absence of material asset diversions. The organization has established robust policies for conflict of interest, whistleblowing, and document retention, all of which contribute to its transparency and ethical governance.
While the data highlights the foundation's financial health and operational integrity, the summary does not indicate any notable limitations or challenges faced by the organization. Overall, the Community Foundation appears to be a well-managed nonprofit committed to fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Western Pennsylvania And Eastern Ohio legitimate?
Community Foundation Of Western Pennsylvania And Eastern Ohio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Western Pennsylvania And Eastern Ohio 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: $257,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,214
For more financial information, click here
Official website here: www.comm-foundation.org
What is the mission statement of Community Foundation Of Western Pennsylvania And Eastern Ohio?
The Community Foundation of Western Pennsylvania and Eastern Ohio is a charitable organization dedicated to improving the lives of residents in the region. With a focus on attracting and managing permanent endowment resources, the foundation enhances the community's quality of life by supporting various charitable purposes. These purposes include health, education, economic development, human services, historical, cultural, and environmental activities. The foundation demonstrates leadership, commitment, and compassion in shaping responses to community needs. By adhering to a sense of community that overshadows individual interests, the organization ensures accountability and integrity in the management of its resources.
Official website here: www.comm-foundation.org
Who is the CEO of Community Foundation Of Western Pennsylvania And Eastern Ohio?
Karen Winner-Sed is the Principal Officer of Community Foundation Of Western Pennsylvania And Eastern Ohio.
Official website here: www.comm-foundation.org
What is the revenue of Community Foundation Of Western Pennsylvania And Eastern Ohio?
Community Foundation Of Western Pennsylvania And Eastern Ohio's revenue in 2022 was $18,135,472.
Official website here: www.comm-foundation.org
Who are the executives of Community Foundation Of Western Pennsylvania And Eastern Ohio and what are their salaries?
The average compensation at Community Foundation Of Western Pennsylvania And Eastern Ohio during 2022 was $66,150. There are 9 employees and 200 volunteers at Community Foundation Of Western Pennsylvania And Eastern Ohio.
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Official website here: www.comm-foundation.org
Where can I find the form 990 for Community Foundation Of Western Pennsylvania And Eastern Ohio?
Community Foundation Of Western Pennsylvania And Eastern Ohio's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.comm-foundation.org
Learn more at the official website: www.comm-foundation.org
Mission Statement of Community Foundation Of Western Pennsylvania And Eastern Ohio
The Community Foundation of Western Pennsylvania and Eastern Ohio is a charitable organization committed to enhancing the quality of life for residents of the region. Established to attract and invest permanent endowment resources, this public foundation serves as a philanthropic leader, shaping responses to community needs with compassion and commitment.
The organization's mission is multifaceted. It identifies and supports community-based charitable purposes, focusing on areas such as health, education, economic development, human services, historical, cultural, and environmental activities. By granting funds to various initiatives, the Community Foundation contributes to the betterment of society, aligning with the charitable intentions of its donors.
In fulfilling its mission, the Community Foundation goes beyond grantmaking. It demonstrates accountability and integrity in resource management, ensuring that donor intent is honored. The organization's governing board, composed of knowledgeable volunteers deeply involved in civic affairs, determines the best use of funds to meet community needs. Through philanthropic leadership, the Community Foundation fosters positive change, addressing pressing challenges and creating a lasting legacy for future generations.
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Impact
October, 2024
The Community Foundation of Western Pennsylvania and Eastern Ohio plays a vital role in enhancing the quality of life for residents in the region. By establishing a diverse selection of funds, it provides a flexible framework that allows for effective responses to the community's needs. The foundation makes informed decisions about the best use of these funds, reflecting the insights of its volunteer governing board, which is deeply engaged in local civic affairs.
This organization actively identifies and supports a wide range of charitable purposes, ensuring contributions are directed toward critical areas such as health, education, economic development, human services, historical and cultural initiatives, and environmental efforts. Through this approach, it not only addresses immediate community challenges but also helps to shape long-term philanthropic strategies that align with donors' intentions to make a meaningful impact.
Moreover, the foundation encourages donor involvement in the grant-making process, allowing individuals to participate actively in supporting qualified charities. This engagement fosters a sense of community that transcends individual interests, promoting collaboration and shared values among residents.
In summary, the Community Foundation of Western Pennsylvania and Eastern Ohio significantly enriches the regional landscape by facilitating targeted philanthropic efforts, addressing pressing community issues, and fostering a culture of giving that is rooted in accountability and compassion.
This information is meant to be a general summary of Community Foundation Of Western Pennsylvania And Eastern Ohio. 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: $3,183,056
- Program Service Revenue: $57,283
- Gross Receipts: $54,207,789
Assets and Liabilities:
- Total Assets: $110,760,070
- Total Liabilities: $4,662,284
- Net Assets: $106,097,786
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Organization Details
Founding Year
1981
Phone
(724) 981-5882Principal Officer
Karen Winner-Sed
Main Address
7 WEST STATE ST, SHARON, PA, 16146
Website
www.comm-foundation.orgNTEE Category
Code: T310 - Philanthropy
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