Overview
What is Washington County Community Foundation?
The Washington County Community Foundation is a philanthropic organization situated in Washington County, Pennsylvania. Its primary mission is to enhance the community's quality of life by fostering and facilitating charitable contributions. The foundation operates a broad grants program, extending support to various grantees without limiting its focus to a single cause or constituency. Yearly, it awards grants through a competitive process, addressing the evolving and unmet needs of the area. A significant portion of these grants is allocated for capacity-building, which involves activities enhancing a nonprofit's operational, programmatic, financial, or organizational maturity. In 2022, the foundation issued capacity-building grants for financial process improvements, communications, facility enhancements, program expansion, data management, and technology, primarily prioritizing financial process improvement. The foundation also administers grant-making funds with defined charitable purposes established by donors at the time of fund creation and six permanent pooled grant-making funds, where multiple donors contribute to a common charitable interest. These pooled funds focus on various areas, such as arts education, disadvantaged women and children, vision services, animal welfare, and community development. The most recent of these funds is the African American Community Fund, established in 2022 to promote and support the African American community in Washington County in five areas: culture, community development, education and enrichment, history and preservation, and entrepreneurship.
Official website here: www.wccf.net
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% - Four-Star out of Four Star rating.
The Washington County Community Foundation has achieved an impressive Four-Star rating on Charity Navigator, reflecting its strong focus on accountability and financial health. The foundation scored a perfect 100% in its overall rating, indicating robust practices in financial management and transparency, which are essential for fostering donor trust and ensuring effective stewardship of resources.
The organization demonstrates notable strengths, including a fully independent board and stringent financial oversight mechanisms. With no reported material diversion of assets and a high program expense ratio of 91.01%, the foundation effectively directs the majority of its funds towards its programs. Additionally, excellent fundraising efficiency suggests that it maximizes donor contributions to support its mission.
While the foundation's financial health appears strong, there are no specific limitations or concerns raised in the data. Overall, the Washington County Community Foundation stands out as a well-governed and financially sound nonprofit, making it a reliable choice for potential donors looking to support community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Washington County Community Foundation legitimate?
Washington County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington County 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: $272,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $223,266
For more financial information, click here
Official website here: www.wccf.net
What is the mission statement of Washington County Community Foundation?
The Washington County Community Foundation's mission is centered around improving the quality of life in the community by promoting and facilitating philanthropy. The foundation receives support from businesses and individuals who reside or have a presence within the area. The foundation operates a broad grants program, not limiting itself to a single focus or cause, and aims to address the changing and unmet needs of the community through an open and competitive process. A significant portion of grants are awarded for capacity-building, which includes improving operational, programmatic, financial, and organizational maturity. In 2022, capacity-building grants were issued to various charities for financial process improvements, communications, facility improvements, program expansion, data management, and technology. The foundation also manages several pooled grant-making funds, each with contributions from multiple donors who share a common charitable interest. The newest of these funds, established in 2022, is the African American Community Fund, which aims to promote and support the African American community in five focus areas: culture, community development, education and enrichment, history and preservation, and entrepreneurship.
Official website here: www.wccf.net
Who is the CEO of Washington County Community Foundation?
Betty R Trew is the Trustee of Washington County Community Foundation. The CEO's salary of Washington County Community Foundation is $156,000 and their total compensation is $176,917.
Official website here: www.wccf.net
What is the revenue of Washington County Community Foundation?
Washington County Community Foundation's revenue in 2022 was $4,058,871.
Official website here: www.wccf.net
Who are the executives of Washington County Community Foundation and what are their salaries?
The average compensation at Washington County Community Foundation during 2022 was $49,558. There are 10 employees and 30 volunteers at Washington County Community Foundation.
Here are 25 key members and their salaries (Washington County Community Foundation's CEO's salary is $156,000 and their total compensation is $176,917):
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- Compensation: $156,000
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Official website here: www.wccf.net
Where can I find the form 990 for Washington County Community Foundation?
Washington County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wccf.net
Learn more at the official website: www.wccf.net
Mission Statement of Washington County Community Foundation
The Washington County Community Foundation, a philanthropic organization, is dedicated to improving the quality of life in its community by promoting and facilitating philanthropy. The foundation receives support from businesses and individuals residing or having a presence within Washington County. Its mission is to facilitate philanthropy in various ways, including operating a broad grants program that is not limited to a single focus or cause. Each year, the foundation awards grants through an open and competitive process, aiming to address the changing and unmet needs of the community. A significant portion of these grants is awarded for capacity-building, which includes activities that increase a nonprofit's operational, programmatic, financial, or organizational maturity.
In 2022, the foundation issued capacity-building grants ranging from $5,000 to $100,000 to 25 different charities. These grants were used for financial process improvements, communications, facility improvements, program expansion, data management, and technology. For instance, CASA for Kids received a $100,000 grant to collateralize a line of credit to better manage cash flow issues. The foundation also awarded grants to local first responder organizations, public schools, and post-secondary students. Additionally, scholarships were awarded to financially-needy students attending private K-12 educational institutions in the area.
Besides grant-making, the Washington County Community Foundation manages six permanent pooled grant-making funds, each with contributions received by multiple donors who share a common charitable interest. These funds support various causes, such as arts education, disadvantaged women and children, vision services, animal welfare, and emerging community needs. The newest of these funds, the African American Community Fund, was established in 2022 to promote and support the African American community in five focus areas: culture, community development, education and enrichment, history and preservation, and entrepreneurship. The foundation's other pooled funds include the Arts Fund, the Mother's Fund, the Vision Fund, the Animal Fund, and the Acorn Fund.
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Impact
October, 2024
The Washington County Community Foundation significantly enhances the quality of life in Washington County through its comprehensive grant-making programs. Each year, it addresses the evolving and unmet needs of the community by distributing grants across a broad range of causes, ensuring that support is not restricted to specific constituencies.
In 2022, the Foundation awarded a remarkable total of $715,000 in capacity-building grants to 25 different charities, which facilitated improvements in financial processes, communications, facility enhancements, and technology. Key grants included $100,000 to CASA for Kids, helping them better manage cash flow issues, and over $155,000 to local first responder organizations, aiding critical emergency services.
Education is a focal point of the Foundation’s impact, with scholarships totaling $163,750 awarded to local students for post-secondary education and $155,273 for financially needy K-12 students. In addition, the Foundation actively manages multiple pooled grant-making funds, including the African American Community Fund, which targets support in culture, community development, education, history preservation, and entrepreneurship.
Through these initiatives, the Foundation not only promotes philanthropy but also empowers local organizations and individuals, fostering a vibrant and resilient community in Washington County.
This information is meant to be a general summary of Washington County 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: $845,503
- Gross Receipts: $4,058,871
Assets and Liabilities:
- Total Assets: $47,540,692
- Total Liabilities: $408,173
- Net Assets: $47,132,519
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Organization Details
Founding Year
1993
Phone
(724) 222-6300Principal Officer
Betty R Trew
Main Address
1253 ROUTE 519 PO BOX 308, EIGHTY FOUR, PA, 15330
Website
www.wccf.netNTEE Category
Code: T31 - Philanthropy
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