Overview
What is Community Foundation Of Cleveland And Bradley County?
The Community Foundation of Cleveland and Bradley County is a locally-based nonprofit organization, situated in Cleveland, Tennessee. Their primary mission is to foster responsible philanthropy by linking charitable contributions with the community's needs in Cleveland and Bradley County. With a team of four dedicated individuals, their role involves facilitating the ethical management of philanthropic resources, thereby bridging the gap between available resources and the community's requirements for improved quality of life. This nonprofit organization plays a vital role in the area by assisting donors in establishing lasting endowments and supporting charitable giving initiatives that contribute positively to their community.
Official website here: www.clevelandbradleyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Community Foundation of Cleveland and Bradley County has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization's overall score stands at 95%, which is entirely based on its robust scores in the Accountability & Finance category, demonstrating an effective and responsible management of funds.
Strengths of the foundation include a fully independent board, with all 16 members meeting the criteria, and a solid financial oversight structure, highlighted by a thorough audit and oversight committee. The foundation has shown no material diversion of assets, a low liabilities-to-assets ratio, and an impressive program expense ratio of 98.73%, indicating that most of its financial resources are directed towards its programs rather than administrative costs.
However, the organization does face a challenge in its fundraising efficiency, with a low score in this area at $0.002. This may indicate that while the foundation is effective in managing its existing funds, there may be opportunities to enhance its fundraising strategies to bolster its financial resource base for future initiatives. Overall, the organization demonstrates a strong foundation of trust and integrity in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Cleveland And Bradley County legitimate?
Community Foundation Of Cleveland And Bradley County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Cleveland And Bradley County 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: $87,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,254
For more financial information, click here
Official website here: www.clevelandbradleyfoundation.org
What is the mission statement of Community Foundation Of Cleveland And Bradley County?
The Community Foundation of Cleveland and Bradley County's mission is to facilitate ethical stewardship of philanthropic resources. This is achieved by connecting these resources with the needs of the community, thereby promoting charitable giving that enhances the quality of life. The foundation assists donors in establishing permanent endowments, thereby enabling ongoing charitable contributions. Their primary objective is to ensure that philanthropic funds are utilized effectively and efficiently to address community needs.
Official website here: www.clevelandbradleyfoundation.org
Who is the CEO of Community Foundation Of Cleveland And Bradley County?
Lisa Geren is the President of Community Foundation Of Cleveland And Bradley County.
Official website here: www.clevelandbradleyfoundation.org
What is the revenue of Community Foundation Of Cleveland And Bradley County?
Community Foundation Of Cleveland And Bradley County's revenue in 2022 was $3,399,548.
Official website here: www.clevelandbradleyfoundation.org
Who are the executives of Community Foundation Of Cleveland And Bradley County and what are their salaries?
The average compensation at Community Foundation Of Cleveland And Bradley County during 2022 was $26,315. There are 4 employees at Community Foundation Of Cleveland And Bradley County.
Here are 18 key members and their salaries:
- Compensation: $77,088
- Related: $0
- Other: $2,449
- Compensation: $9,917
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- Other: $446
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Official website here: www.clevelandbradleyfoundation.org
Where can I find the form 990 for Community Foundation Of Cleveland And Bradley County?
Community Foundation Of Cleveland And Bradley County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clevelandbradleyfoundation.org
Learn more at the official website: www.clevelandbradleyfoundation.org
Mission Statement of Community Foundation Of Cleveland And Bradley County
The Community Foundation of Cleveland and Bradley County, as a philanthropic organization, is committed to fostering ethical stewardship of resources. Its mission lies in connecting these resources with the needs of the community in Cleveland and Bradley County, Tennessee. The foundation assists donors in constructing lasting endowments and executing charitable giving that positively impacts the quality of life within the community. By facilitating this process, the Community Foundation of Cleveland and Bradley County plays a significant role in bridging the gap between philanthropic resources and the community's needs, ultimately contributing to the betterment of the region.
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Impact
October, 2024
The Community Foundation of Cleveland and Bradley County plays a vital role in enhancing the quality of life in the region by effectively connecting philanthropic resources with community needs. By facilitating ethical stewardship of these resources, the foundation assists donors in establishing permanent endowments and executing charitable giving initiatives. This strategic approach not only promotes community improvement but also ensures that the philanthropic contributions directly impact various local needs, fostering a more vibrant and resilient community in Cleveland and Bradley County, Tennessee.
This information is meant to be a general summary of Community Foundation Of Cleveland And Bradley County. 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: $481,304
- Gross Receipts: $3,399,548
Assets and Liabilities:
- Total Assets: $9,305,705
- Total Liabilities: $757,916
- Net Assets: $8,547,789
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Organization Details
Founding Year
2009
Phone
(423) 559-5880Principal Officer
Lisa Geren
Main Address
PO BOX 4474, CLEVELAND, TN, 37320
NTEE Category
Code: S11 - Community improvement
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