Overview
What is Central Pennsylvania Community Foundation?
Central Pennsylvania Community Foundation is a nonprofit organization situated in Altoona, Pennsylvania. Established with the objective of fostering charitable giving, it achieves its mission by building permanent endowments for the community's benefit. Contributions, primarily from individuals, corporations, and non-profit agencies, are collected and channeled towards various organizations promoting educational, cultural, health, social, and civic development in the region. The foundation's primary focus is on managing these charitable funds effectively, thereby aiding numerous civic and charitable projects in the community. With a team of six dedicated employees, Central Pennsylvania Community Foundation continues to play a significant role in enriching the region's social landscape.
Official website here: www.centralpacf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Central Pennsylvania Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in key areas such as the independence of its board members and financial oversight, the foundation demonstrates a commitment to transparency and responsible management of its resources.
The foundation excels in maintaining a low liabilities-to-assets ratio and a high program expense ratio, indicating that most of its funding is directed toward its programs rather than administrative costs. Furthermore, its fundraising efficiency is commendably low, showcasing effective financial stewardship with minimal overhead costs when raising funds.
While the organization scores exceptionally well across various metrics, it is important for potential donors to consider the specific programs and initiatives supported by the foundation. Overall, the Central Pennsylvania Community Foundation stands out as a well-managed organization dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Central Pennsylvania Community Foundation legitimate?
Central Pennsylvania Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Pennsylvania 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:
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Other Salaries and Wages: $203,893
For more financial information, click here
Official website here: www.centralpacf.org
What is the mission statement of Central Pennsylvania Community Foundation?
The Central Pennsylvania Community Foundation encourages and effectively manages charitable giving. Their mission is to inspire philanthropy and contribute to the betterment of the community by establishing and managing permanent endowments. These endowments, funded by individuals, corporations, and non-profit agencies, support a diverse range of organizations that promote education, culture, health, social, and civic development in the region. The foundation achieves this by granting funds to various organizations that contribute to the overall development of the community.
Official website here: www.centralpacf.org
Who is the CEO of Central Pennsylvania Community Foundation?
Jodi Cessna is the Chairperson of Central Pennsylvania Community Foundation.
Official website here: www.centralpacf.org
What is the revenue of Central Pennsylvania Community Foundation?
Central Pennsylvania Community Foundation's revenue in 2022 was $3,921,841.
Official website here: www.centralpacf.org
Who are the executives of Central Pennsylvania Community Foundation and what are their salaries?
The average compensation at Central Pennsylvania Community Foundation during 2022 was $33,982. There are 6 employees at Central Pennsylvania Community Foundation.
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Official website here: www.centralpacf.org
Where can I find the form 990 for Central Pennsylvania Community Foundation?
Central Pennsylvania Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centralpacf.org
Learn more at the official website: www.centralpacf.org
Mission Statement of Central Pennsylvania Community Foundation
The Central Pennsylvania Community Foundation encourages and effectively manages charitable giving, serving as a perpetual community fund. Their mission is to motivate individuals, corporations, and non-profit agencies to contribute to endowments that benefit the community in various aspects. This foundation has supported a multitude of organizations that contribute to the educational, cultural, health, social, and civic development of the region. By building and maintaining these endowments, the Central Pennsylvania Community Foundation plays a pivotal role in channeling resources towards initiatives that promote the overall betterment of the community.
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Impact
October, 2024
Central Pennsylvania Community Foundation plays a crucial role in enhancing the quality of life in the region by building and managing permanent endowments aimed at supporting civic and charitable projects. It facilitates significant contributions from individuals, corporations, and nonprofit agencies, which are then allocated through grants to various organizations. These grants focus on educational, cultural, health, social, and civic development, thereby addressing diverse community needs and fostering growth in Altoona and the surrounding areas. By encouraging and effectively managing charitable giving, the foundation ensures that resources are utilized for the long-term benefit of the community, enabling ongoing support for vital initiatives and projects that uplift and empower residents.
This information is meant to be a general summary of Central Pennsylvania 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: $1,158,514
- Gross Receipts: $17,047,423
Assets and Liabilities:
- Total Assets: $25,672,060
- Total Liabilities: $2,925,986
- Net Assets: $22,746,074
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Organization Details
Founding Year
1995
Phone
(814) 944-6102Principal Officer
Jodi Cessna
Main Address
1616 E PLEASANT VALLEY BLVD, ALTOONA, PA, 16602
Website
www.centralpacf.orgNTEE Category
Code: T310 - Philanthropy
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