Overview
What is Greenwood County Community Foundation Inc?
Greenwood County Community Foundation Inc is a nonprofit organization situated in Greenwood, South Carolina, specifically at 110 Phoenix Street. Their primary goal is to encourage and foster philanthropy, aiming to enhance the lives of current and future residents in Greenwood County. Throughout the year, they distribute grants to various organizations, with more than half being local, a third being regional, and the remainder being national or international. These grants originate from donor-advised funds, designated funds, field-of-interest funds, or unrestricted funds. The organization, with a modest workforce of two individuals, plays a significant role in promoting development and growth within Greenwood County's community.
Official website here: www.greenwoodcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
The Greenwood County Community Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, which signifies exceptional performance in accountability and finance. The organization boasts a strong commitment to governance, demonstrated by having a fully independent board of 14 members and rigorous financial oversight mechanisms in place. With a program expense ratio of over 86%, most funds are directed towards their charitable missions, reflecting a commitment to their goals and efficiency in operations.
Despite the high rating, there are noted limitations regarding the evaluation of their impact, culture, community involvement, and leadership adaptability, as there is insufficient data available. While the financial standing of the organization is commendable, the lack of information in these areas could leave potential donors and stakeholders seeking further insight into the foundation's overall effectiveness and community engagement.
User reviews from GreatNonprofits could not be retrieved, leaving a gap in personal experiences shared by community members or service recipients. Overall, the Greenwood County Community Foundation Inc presents as a fiscally responsible organization with strong governance practices, but further details on their broader impact and community ties would provide a more comprehensive view of their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Greenwood County Community Foundation Inc legitimate?
Greenwood County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwood County Community Foundation Inc 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: $94,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,200
For more financial information, click here
Official website here: www.greenwoodcf.org
What is the mission statement of Greenwood County Community Foundation Inc?
The Greenwood County Community Foundation Inc's mission is to motivate and encourage philanthropy, aiming to enhance the lives of both current and future residents. By doing so, they inspire charitable giving that contributes to community improvement. Throughout the year, they distribute grants to various organizations, with over half being local, a third being regional, and the remainder national or international. Funding comes from donor-advised funds, designated funds, field-of-interest funds, and unrestricted funds.
Official website here: www.greenwoodcf.org
Who is the CEO of Greenwood County Community Foundation Inc?
Jeff Smith is the Executive Di of Greenwood County Community Foundation Inc.
Official website here: www.greenwoodcf.org
What is the revenue of Greenwood County Community Foundation Inc?
Greenwood County Community Foundation Inc's revenue in 2022 was $10,418,572.
Official website here: www.greenwoodcf.org
Who are the executives of Greenwood County Community Foundation Inc and what are their salaries?
The average compensation at Greenwood County Community Foundation Inc during 2022 was $67,725. There are 2 employees and 25 volunteers at Greenwood County Community Foundation Inc.
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Official website here: www.greenwoodcf.org
Where can I find the form 990 for Greenwood County Community Foundation Inc?
Greenwood County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greenwoodcf.org
Learn more at the official website: www.greenwoodcf.org
Mission Statement of Greenwood County Community Foundation Inc
Greenwood County Community Foundation Inc is an organization dedicated to inspiring and encouraging philanthropy. Their mission is to positively impact the lives of current and future residents in Greenwood County. By providing grants to various organizations, they aim to foster a sense of community and promote growth and development for the county's residents. The foundation supports a wide range of organizations, with over half being local, a third being regional, and the remainder national or international. The grants are sourced from various funds, including donor advised funds, designated funds, field of interest funds, and unresticted funds. The foundation's grants play a significant role in supporting the community's well-being and development, demonstrating their commitment to improving the lives of Greenwood County's residents.
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Impact
October, 2024
Greenwood County Community Foundation Inc inspires and encourages philanthropy that significantly enhances the lives of current and future residents of Greenwood County. By providing grants to over 50 organizations within a year, it plays a vital role in supporting various local, regional, national, and international initiatives. More than half of the recipients were local organizations, demonstrating a strong commitment to community improvement. The foundation channels funds from donor advised funds, designated funds, field of interest funds, and unrestricted funds, ensuring that a diverse range of projects and needs are addressed. Through these efforts, it cultivates a culture of giving that fosters enduring positive change in the community.
This information is meant to be a general summary of Greenwood County Community Foundation Inc. 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: $262,175
- Program Service Revenue: $83,925
- Gross Receipts: $24,625,024
Assets and Liabilities:
- Total Assets: $19,013,930
- Total Liabilities: $543,000
- Net Assets: $18,470,930
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GREENWOOD WOMEN CARE
Revenue
$82,605
MAYS ENDOWMENT
Revenue
$1,320
Organization Details
Founding Year
2009
Phone
(864) 223-1524Principal Officer
Jeff Smith
Main Address
110 PHOENIX STREET, GREENWOOD, SC, 29649
Website
www.greenwoodcf.orgNTEE Category
Code: S20 - Community improvement
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