Overview
What is Community Foundation For Rockbridge Bath And Allegheny?
The Community Foundation for Rockbridge Bath and Allegheny is a nonprofit organization situated in Lexington, Virginia. With a single employee, their primary mission is to improve the quality of life in their service area. They achieve this by building endowments and providing philanthropic leadership. The administration and distribution of these funds are aimed at fostering community development. The foundation's work is focused on creating a lasting impact in their local community.
Official website here: www.cfrba.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating.
The Community Foundation for Rockbridge Bath and Allegheny has received a solid Three-Star rating from Charity Navigator, indicating a decent level of accountability and transparency. The organization scored particularly well in Accountability & Finance with 83%, reflecting strong governance practices, including a fully independent board and no issues related to the diversion of assets. However, the charity did fall short on some important policies, such as having a whistleblower policy and proper documentation of board meeting minutes.
Additionally, the charity excelled in its Culture & Community score, achieving a perfect 100%. This highlights their effective feedback collection and usage strategies, as well as robust equity initiatives. The organization demonstrates a commitment to engaging with the community and ensuring inclusivity, which is a significant strength in their operational approach.
Despite its overall strong performance, the lack of certain policies could raise concern for potential donors about the organization’s governance practices. Improvements in these areas could enhance their accountability and further strengthen public trust in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation For Rockbridge Bath And Allegheny legitimate?
Community Foundation For Rockbridge Bath And Allegheny is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation For Rockbridge Bath And Allegheny 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: $43,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cfrba.org
What is the mission statement of Community Foundation For Rockbridge Bath And Allegheny?
The Community Foundation For Rockbridge Bath And Allegheny is committed to improving the quality of life in its service area. They achieve this by building permanent endowments and serving as philanthropic leaders. Their primary goal is to provide financial support and guidance to advance community development. They administer and distribute funds to various initiatives aimed at enhancing the overall well-being of their community.
Official website here: www.cfrba.org
Who is the CEO of Community Foundation For Rockbridge Bath And Allegheny?
Warren Bryan is the Chairman of Community Foundation For Rockbridge Bath And Allegheny.
Official website here: www.cfrba.org
What is the revenue of Community Foundation For Rockbridge Bath And Allegheny?
Community Foundation For Rockbridge Bath And Allegheny's revenue in 2023 was $1,876,167.
Official website here: www.cfrba.org
Who are the executives of Community Foundation For Rockbridge Bath And Allegheny and what are their salaries?
The average compensation at Community Foundation For Rockbridge Bath And Allegheny during 2023 was $43,394. There is 1 employee at Community Foundation For Rockbridge Bath And Allegheny.
Here are 13 key members and their salaries:
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Official website here: www.cfrba.org
Where can I find the form 990 for Community Foundation For Rockbridge Bath And Allegheny?
Community Foundation For Rockbridge Bath And Allegheny's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfrba.org
Learn more at the official website: www.cfrba.org
Mission Statement of Community Foundation For Rockbridge Bath And Allegheny
The Community Foundation for Rockbridge, Bath, and Allegheny is committed to enhancing the quality of life in its service area. It achieves this mission by building permanent endowments and providing philanthropic leadership. This nonprofit organization plays a crucial role in community development by administering and distributing funds to various initiatives that contribute to the betterment of the community. By taking a proactive approach to philanthropy, the Community Foundation for Rockbridge, Bath, and Allegheny acts as a catalyst for positive change and improvement in the lives of its community members.
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Impact
October, 2024
Community Foundation For Rockbridge Bath And Allegheny significantly enhances the quality of life in its service area through strategic philanthropy and community development initiatives. By building permanent endowments, it ensures a sustainable financial foundation that supports various local projects and programs. The initiative focuses on distributing funds effectively, addressing the specific needs of the communities in Rockbridge, Bath, and Allegheny counties. This philanthropic leadership not only strengthens local resources but also fosters a collaborative spirit among community members, encouraging engagement and investment in the area's future. The foundation plays a pivotal role in driving community improvement, empowering residents, and making a lasting impact on the overall well-being of the region.
This information is meant to be a general summary of Community Foundation For Rockbridge Bath And Allegheny. 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: $146,560
- Gross Receipts: $1,876,167
Assets and Liabilities:
- Total Assets: $8,553,499
- Total Liabilities: $15,687
- Net Assets: $8,537,812
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Organization Details
Founding Year
2010
Phone
(540) 463-0943Principal Officer
Warren Bryan
Main Address
PO BOX 20, Lexington, VA, 24450
Website
www.cfrba.orgNTEE Category
Code: S20 - Community improvement
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