Overview
What is Skokie Community Foundation?
Based in Skokie, Illinois, the Skokie Community Foundation is a dedicated nonprofit organization. Their primary mission revolves around raising funds to foster growth and development in the Skokie community. They achieve this goal through meaningful giving, collaboration, and community programming. The foundation's activities are centered on investing in the future of Skokie, aiming to uplift the local population and contribute to its progress.
Official website here: www.skokiecommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Skokie Community Foundation has achieved a high rating of 97% from Charity Navigator, reflecting strong performance in accountability and finance. This stellar score is derived from a comprehensive evaluation of various operational indicators, showcasing the foundation's commitment to transparency and effective management of resources. The entirety of the score is built on a single beacon focused on accountability and finance.
The foundation boasts a fully independent board with 100% of its members being independent, which emphasizes its governance strength. With no material diversions of assets reported and high ratings across various governance aspects, such as conflict of interest and whistleblower policies, the foundation demonstrates robust organizational practices. Additionally, a program expense ratio of 96.71% indicates that a significant majority of its funds are directed towards its programs, enhancing its impact within the community.
However, while the foundation's financial practices are commendable, potential supporters and donors may want to consider the broader impact and outreach of its programs, which are not detailed in the financial metrics. Overall, the Skokie Community Foundation exemplifies a well-managed nonprofit with strong accountability measures in place.
This AI summary has been generated from information found on Charity Navigator.
Is Skokie Community Foundation legitimate?
Skokie Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skokie 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: $19,644
For more financial information, click here
Official website here: www.skokiecommunityfoundation.org
What is the mission statement of Skokie Community Foundation?
The Skokie Community Foundation's mission involves raising funds to invest in the future, fostering meaningful giving, promoting collaboration, and facilitating community programming. By doing so, they aim to contribute positively to various initiatives, ultimately benefiting the community at large. Their activities encompass raising funds, collaborating with local entities, and organizing community events, all with the goal of investing in the future and bettering the community.
Official website here: www.skokiecommunityfoundation.org
Who is the CEO of Skokie Community Foundation?
Ann Tennes is the Board Chair of Skokie Community Foundation.
Official website here: www.skokiecommunityfoundation.org
What is the revenue of Skokie Community Foundation?
Skokie Community Foundation's revenue in 2023 was $127,820.
Official website here: www.skokiecommunityfoundation.org
Who are the executives of Skokie Community Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.skokiecommunityfoundation.org
Where can I find the form 990 for Skokie Community Foundation?
Skokie Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.skokiecommunityfoundation.org
Learn more at the official website: www.skokiecommunityfoundation.org
Mission Statement of Skokie Community Foundation
The Skokie Community Foundation is committed to elevating funds for the betterment of the future in a meaningful way. Through their efforts, they invest in the community by fostering collaboration and engaging in community programming. Their mission is multifaceted, encompassing the collection of resources and the strategic deployment of those funds towards initiatives that positively impact the community. By fostering collaboration, the foundation encourages collective action and leverages the collective strength of various stakeholders to drive change. Their community programming aims to engage local residents and organizations, ensuring that the needs and aspirations of the community are at the heart of their investments. In essence, the Skokie Community Foundation serves as a catalyst for positive change, utilizing their resources to create a brighter future for all.
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Impact
October, 2024
The Skokie Community Foundation plays a pivotal role in enhancing the future of Skokie, IL, through its commitment to meaningful giving and community collaboration. By raising funds strategically, the foundation invests in various initiatives that create lasting impact within the community. These investments focus on key areas such as education, fostering a culture of learning and support for local programs. Through collaborative efforts, the foundation brings together residents, organizations, and resources to address the needs of the community, ensuring that the benefits reach diverse populations. Overall, the Skokie Community Foundation is a crucial partner in shaping a vibrant, engaged, and resilient community.
This information is meant to be a general summary of Skokie 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 2023.
- Investment Income: $12,234
- Gross Receipts: $210,788
Assets and Liabilities:
- Total Assets: $699,724
- Total Liabilities: $7,430
- Net Assets: $692,294
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Organization Details
Founding Year
2017
Phone
(224) 935-5950Principal Officer
Ann Tennes
Main Address
8022 LINCOLN AVE, SKOKIE, IL, 60077
NTEE Category
Code: B99 - Education
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