Overview
What is Community Foundation Of Fayette County Pa?
The Community Foundation of Fayette County Pa is a nonprofit organization committed to fostering philanthropy and enhancing the community. Their primary role is to attract, manage, and distribute charitable resources. This involves providing cash grants to various charitable organizations, thereby contributing to community improvement. Their mission is centered around promoting philanthropy, demonstrating their dedication to bettering the local area through charitable contributions.
Official website here: www.cffayettepa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Community Foundation of Fayette County PA has achieved a remarkable rating of 97%, indicating strong performance in accountability and finance. This high score is entirely derived from its accountability metrics, highlighting the organization’s commitment to transparency and responsible management of resources. The fact that they have a fully independent board of 17 members and no material diversion of assets underscores their governance strength.
Strengths noted include the organization’s exceptional financial oversight demonstrated by a well-structured audit and oversight committee, as well as a favorable liabilities to assets ratio. Their program expense ratio of 79.45% and impressive fundraising efficiency of $0.04 illustrate the foundation's effectiveness in utilizing funds for its mission while maintaining low operational costs.
No significant limitations were identified in the feedback or ratings, reflecting a stable and trustworthy organization. Overall, the Community Foundation of Fayette County PA is recognized for its strong governance, effective financial management, and transparent practices, making it a reliable choice for donors and community stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Fayette County Pa legitimate?
Community Foundation Of Fayette County Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Fayette County Pa 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: $94,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,520
For more financial information, click here
Official website here: www.cffayettepa.org
What is the mission statement of Community Foundation Of Fayette County Pa?
The Community Foundation of Fayette County PA has a mission to foster philanthropy and contribute to community enhancement. They accomplish this by attracting, managing, and distributing charitable resources. Their primary objective is to promote philanthropy and improve communities by allocating funds to numerous charitable organizations. This organization serves as a platform for channeling charitable contributions towards various causes, thereby contributing to community development.
Official website here: www.cffayettepa.org
What is the revenue of Community Foundation Of Fayette County Pa?
Community Foundation Of Fayette County Pa's revenue in 2023 was $2,753,802.
Official website here: www.cffayettepa.org
Who are the executives of Community Foundation Of Fayette County Pa and what are their salaries?
The average compensation at Community Foundation Of Fayette County Pa during 2023 was $42,927. There are 5 employees and 18 volunteers at Community Foundation Of Fayette County Pa.
Here are 19 key members and their salaries:
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Official website here: www.cffayettepa.org
Where can I find the form 990 for Community Foundation Of Fayette County Pa?
Community Foundation Of Fayette County Pa's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cffayettepa.org
Learn more at the official website: www.cffayettepa.org
Mission Statement of Community Foundation Of Fayette County Pa
The Community Foundation of Fayette County Pa is dedicated to fostering philanthropy and community enhancement by drawing in, managing, and dispensing charitable resources. By taking on this mission, the organization seeks to contribute to the betterment of various charitable organizations within its scope. The primary objective of the Community Foundation of Fayette County Pa is to leverage charitable contributions to address pressing community needs, thereby promoting improvement and growth in the respective community. This is achieved through the strategic allocation of funds to deserving organizations, thereby enabling them to carry out their missions more effectively.
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Impact
October, 2024
The Community Foundation of Fayette County, PA plays a significant role in enhancing the quality of life in the region by promoting philanthropy and community improvement. By attracting, managing, and distributing charitable resources, it provides cash grants to various charitable organizations, effectively addressing diverse community needs.
Through these grants, the foundation supports initiatives that foster education, health, arts, and social services, ensuring that local organizations have the necessary funds to carry out their missions. This approach not only empowers nonprofits but also strengthens community bonds and encourages civic engagement. The foundation's commitment to fostering a culture of giving and collaboration has a lasting impact, driving positive change and paving the way for a vibrant future for Fayette County.
This information is meant to be a general summary of Community Foundation Of Fayette County Pa. 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 2023.
- Investment Income: $546,596
- Program Service Revenue: $40,308
- Gross Receipts: $13,072,286
Assets and Liabilities:
- Total Assets: $21,669,815
- Total Liabilities: $3,993,521
- Net Assets: $17,676,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE REVENUE
Revenue
$40,308
Organization Details
Founding Year
1999
Principal Officer
Angela Braun
Website
www.cffayettepa.orgNTEE Category
Code: T31 - Philanthropy
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