Overview
What is Barbour County Community Foundation?
The Barbour County Community Foundation serves as a vital resource for its local community. Its primary goal is to collect, manage, and invest funds for long-term use. These resources are then channeled towards granting opportunities and scholarships, benefiting the residents of Barbour County directly. As a community foundation, it plays a significant role in fostering local development and empowering individuals through financial support.
Official website here: www.barbourcountycf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Barbour County Community Foundation has earned a Three-Star rating from Charity Navigator, reflecting a score of 77%. This score is based solely on the organization's accountability and finance practices, highlighting their commitment to financial integrity. Notably, the foundation has achieved full marks in several areas, including the independence of its board members and the absence of any material diversion of assets.
The organization demonstrates a strong governance structure, with all eight board members being independent and a complete transparency in their financial practices. They have published their tax forms on their website, ensuring that stakeholders have access to key financial information. However, the foundation has room for improvement, as they lack policies for whistleblower protection and document retention, which are critical for robust organizational governance.
Overall, while Barbour County Community Foundation shows promising accountability and financial management, addressing the missing policies could enhance their governance framework. This dedication to improvement could potentially lead to a higher rating in the future, reinforcing their commitment to transparency and responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Barbour County Community Foundation legitimate?
Barbour County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barbour County Community 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.barbourcountycf.org
What is the mission statement of Barbour County Community Foundation?
The Barbour County Community Foundation serves its purpose by collecting, managing, and investing funds for an enduring impact. These resources are allocated primarily towards providing community grants and scholarships for the local population. By doing so, the foundation plays a significant role in supporting various initiatives and educational opportunities within the community.
Official website here: www.barbourcountycf.org
Who is the CEO of Barbour County Community Foundation?
Roger Bolton is the Director of Barbour County Community Foundation.
Official website here: www.barbourcountycf.org
What is the revenue of Barbour County Community Foundation?
Barbour County Community Foundation's revenue in 2022 was $933,613.
Official website here: www.barbourcountycf.org
Who are the executives of Barbour County Community Foundation and what are their salaries?
There 8 volunteers at Barbour County Community Foundation.
Here are 8 key members and their salaries:
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Official website here: www.barbourcountycf.org
Where can I find the form 990 for Barbour County Community Foundation?
Barbour County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.barbourcountycf.org
Learn more at the official website: www.barbourcountycf.org
Mission Statement of Barbour County Community Foundation
The Barbour County Community Foundation, as a community foundation, fulfills its mission by accepting, investing, and managing funds for long-term use. This organization allocates these resources towards providing community grants and scholarships for local residents. By doing so, the Barbour County Community Foundation seeks to contribute to the betterment of its community, providing opportunities for growth and development for its residents.
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Impact
October, 2024
The Barbour County Community Foundation plays a crucial role in enhancing the quality of life for local residents by managing and investing funds dedicated to community grants and scholarships. By ensuring that these resources are available for perpetual use, it empowers individuals and organizations throughout Barbour County, West Virginia. This foundation helps to support educational opportunities, foster community development, and encourage philanthropic initiatives that address the needs and aspirations of the area. Through its ongoing commitment to funding local projects, it effectively strengthens the community's fabric and promotes a brighter future for all its members.
This information is meant to be a general summary of Barbour County Community 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: $216,143
- Program Service Revenue: $31,494
- Gross Receipts: $1,670,640
Assets and Liabilities:
- Total Assets: $3,597,308
- Total Liabilities: $0
- Net Assets: $3,597,308
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$31,494
Organization Details
Founding Year
1997
Principal Officer
Roger Bolton
Main Address
P O BOX 284, BELINGTON, WV, 26250
Website
www.barbourcountycf.orgNTEE Category
Code: T31 - Philanthropy
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