Overview
What is Grace Commons Foundation?
Grace Commons Foundation, based in Boulder, Colorado, is a nonprofit organization with a primary purpose of promoting charitable giving and stewardship. They aim to provide a platform for planned charitable donations and support Christian ministries worldwide while disseminating the Christian gospel. In partnership with Grace Commons Church, the foundation's mission is to build an endowment, serving God's kingdom and advancing the gospel and work of Jesus Christ. Their vision is to encourage, support, and facilitate the growth of the Christian faith locally and globally through the thoughtful generosity of God's people.
Official website here: www.gracecommonsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Grace Commons Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid score of 83%. This rating primarily highlights the organization's accountability and financial health. The foundation benefits from a fully independent board, showing strong governance practices. Notably, it has no material diversion of assets and maintains a high program expense ratio, indicating that a significant portion of its resources is directed toward its mission.
Strengths of the foundation include a well-structured governance model with an entirely independent board and transparent financial practices. The organization also scores well on several accountability measures, such as conflict of interest policies and documentation of board meeting minutes. These aspects contribute to a positive overall assessment of its operational integrity and commitment to transparency.
However, there are areas for improvement, specifically in policy documentation. The absence of a whistleblower policy and a document retention and destruction policy are noted weaknesses, which could affect the foundation's risk management and accountability practices. Additionally, the tax form is not posted on the nonprofit's website, which may limit transparency for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Commons Foundation legitimate?
Grace Commons Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Commons 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gracecommonsfoundation.org
What is the mission statement of Grace Commons Foundation?
The Grace Commons Foundation's mission is centered around building an endowment in collaboration with Grace Commons Church, aiming to serve God's kingdom and advance the gospel and the work of Jesus Christ. Their vision is to foster, encourage, and facilitate the growth of the Christian faith both locally and globally, leveraging the purposeful generosity of God's people. The foundation encourages and promotes stewardship and charitable giving, serving as a platform for planned charitable contributions. Additionally, they provide financial support for Christian ministries and dissemination of the Christian gospel.
Official website here: www.gracecommonsfoundation.org
Who is the CEO of Grace Commons Foundation?
Terri Evans is the Treasurer of Grace Commons Foundation.
Official website here: www.gracecommonsfoundation.org
What is the revenue of Grace Commons Foundation?
Grace Commons Foundation's revenue in 2022 was $825,957.
Official website here: www.gracecommonsfoundation.org
Who are the executives of Grace Commons Foundation and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gracecommonsfoundation.org
Where can I find the form 990 for Grace Commons Foundation?
Grace Commons Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gracecommonsfoundation.org
Learn more at the official website: www.gracecommonsfoundation.org
Mission Statement of Grace Commons Foundation
Grace Commons Foundation, a nonprofit organization, is dedicated to building an endowment in collaboration with Grace Commons Church. Their mission is twofold: firstly, to serve God's kingdom and advance the gospel and the work of Jesus Christ. Secondly, they aim to encourage, support, and facilitate the growth of the Christian faith locally and globally, all through the purposeful generosity of God's people.
In essence, Grace Commons Foundation serves as a platform to promote stewardship and charitable giving. They provide a means for planned charitable donations and allocate funds for various Christian ministries and the dissemination of the Christian gospel. By doing so, they contribute to the expansion of the Christian faith and the betterment of communities worldwide.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Grace Commons Foundation significantly impacts the community and beyond by fostering a culture of stewardship and charitable giving. It builds an endowment in collaboration with Grace Commons Church, enhancing resources dedicated to advancing the Gospel and supporting Christian ministries. Through intentional philanthropy, the foundation encourages individuals to contribute to the growth of the Christian faith both locally and globally.
By promoting planned charitable giving, it provides a structured avenue for supporters to invest in the spiritual and practical needs of their communities, ensuring that funds effectively contribute to the dissemination of the Christian message. This empowerment of believers not only cultivates generosity but also strengthens the broader mission of serving God’s Kingdom. Overall, Grace Commons Foundation plays a crucial role in creating a sustainable framework that enables further growth of the Christian faith.
This information is meant to be a general summary of Grace Commons 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: $42,205
- Gross Receipts: $825,957
Assets and Liabilities:
- Total Assets: $1,833,763
- Total Liabilities: $145,495
- Net Assets: $1,688,268
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2008
Phone
(720) 295-3651Principal Officer
Terri Evans
Main Address
PO BOX 1572, BOULDER, CO, 80306
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Grace Commons Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.