Overview
What is Community Foundation Trust?
Community Foundation Trust is a nonprofit organization situated in Fort Collins, Colorado, with the primary objective of supporting the Community Foundation of Northern Colorado. By serving as a trusted, local platform, the organization encourages individuals to contribute more effectively and think critically about their community's future. To facilitate this purpose, Community Foundation Trust manages special asset donations as required, allowing the Community Foundation of Northern Colorado to fulfill the donor's obligations. The nonprofit's role is instrumental in empowering the larger organization to make a positive impact on their shared community.
Official website here: www. nocofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Community Foundation Trust has achieved a perfect score of 100%, indicating a high level of accountability and financial health. This rating is derived solely from its performance in the Accountability & Finance beacon, demonstrating the organization’s commitment to transparency and responsible financial management. The Foundation has an independent board comprised entirely of independent members, further enhancing its governance credibility.
Financially, the organization exhibits strong metrics, with a program expense ratio of 98.27%, suggesting that the majority of its funds are directed towards its charitable programs rather than administrative costs. The low liabilities to assets ratio of 6.11% indicates a solid financial position, minimizing risk and showcasing effective asset management. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, highlights its commitment to ethical standards and operational integrity.
Overall, the Community Foundation Trust stands out as a well-managed nonprofit with excellent oversight practices and a strong focus on programmatic spending. The absence of material diversions of assets and the thorough documentation of board activities contribute positively to its reputation and reliability as a charitable organization.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Trust legitimate?
Community Foundation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www. nocofoundation.org
What is the mission statement of Community Foundation Trust?
The Community Foundation Trust's mission is centered around assisting the Community Foundation of Northern Colorado. This organization serves as a reliable, local platform, enabling individuals to give more efficiently and to strategically consider the future of their community. To achieve this objective, the Community Foundation Trust manages special asset donations as required, allowing the Community Foundation of Northern Colorado to fulfill the donor's obligations.
Official website here: www. nocofoundation.org
Who is the CEO of Community Foundation Trust?
Kristin Todd is the Trustee of Community Foundation Trust. The CEO's salary of Community Foundation Trust is $0 and their total compensation is $201,217.
Official website here: www. nocofoundation.org
What is the revenue of Community Foundation Trust?
Community Foundation Trust's revenue in 2022 was -$130,441.
Official website here: www. nocofoundation.org
Who are the executives of Community Foundation Trust and what are their salaries?
There 12 volunteers at Community Foundation Trust.
Here are 15 key members and their salaries (Community Foundation Trust's CEO's salary is $0 and their total compensation is $201,217):
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- Related: $189,078
- Other: $12,139
- Compensation: $0
- Related: $146,045
- Other: $18,217
- Compensation: $0
- Related: $140,845
- Other: $18,090
Official website here: www. nocofoundation.org
Where can I find the form 990 for Community Foundation Trust?
Community Foundation Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www. nocofoundation.org
Learn more at the official website: www. nocofoundation.org
Mission Statement of Community Foundation Trust
Community Foundation Trust is an organization dedicated to aiding the Community Foundation of Northern Colorado. Its mission is to establish a reliable, local platform that empowers individuals to donate more effectively and encourages strategic and innovative thinking about the future of their community. To achieve this goal, Community Foundation Trust manages special asset donations as required, allowing the Community Foundation of Northern Colorado to fulfill the donor's obligations. By doing so, the organization plays a significant role in supporting the community's growth and development.
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Impact
October, 2024
Community Foundation Trust plays a vital role in enhancing philanthropic efforts in Northern Colorado by providing a trusted, local platform for effective giving. It aids the Community Foundation of Northern Colorado in enabling individuals and organizations to strategically engage with their community's needs.
Through the management of special asset donations, the foundation ensures that donor intentions are honored while maximizing the impact of contributions. This thoughtful approach encourages community members to think creatively and strategically about addressing local challenges and building a better future. The ongoing support helps foster a culture of philanthropy, resulting in more effective allocation of resources where they are needed most in Fort Collins and surrounding areas.
Ultimately, Community Foundation Trust's impact is reflected in its ability to strengthen community ties, empower local initiatives, and enhance the philanthropic landscape, ensuring that the collective efforts of donors and organizations translate into meaningful change.
This information is meant to be a general summary of Community Foundation Trust. 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: -$160,000
- Gross Receipts: $3,069,559
Assets and Liabilities:
- Total Assets: $718,049
- Total Liabilities: $62,751
- Net Assets: $655,298
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Organization Details
Founding Year
2008
Phone
(970) 829-5500Principal Officer
Kristin Todd
Main Address
4745 WHEATON DRIVE, FORT COLLINS, CO, 80525
Website
www. nocofoundation.orgNTEE Category
Code: T190 - Philanthropy
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