Overview
What is Community Foundation Of Grant County Indiana Inc?
The Community Foundation of Grant County Indiana Inc, situated in Marion, Indiana, is a dedicated nonprofit organization with a mission to foster sustainable development in Grant County. Their primary focus is on education and scholarships, aiming to provide as many students as possible with the opportunity to attend college without incurring excessive financial debt. They calculate the average cost of public school tuition, fees, and books annually to establish scholarship award maximums. This year, an significant change was made to pay out scholarships early, thereby awarding two years' worth of scholarships within one fiscal year, to prevent students from incurring late fees at their college bursar's office. Their overall goal is to improve Grant County by providing its community with access to education in a manner that minimizes financial burdens. The Community Foundation connects people, resources, and causes to promote positive change in Grant County. They currently have a team of 9 employees committed to this noble cause.
Official website here: www.givetogrant.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Star Rating
The Community Foundation of Grant County Indiana Inc has achieved an impressive overall score of 98%, reflecting its strong performance in accountability and finance, where it scored a perfect 100. The foundation demonstrates effective governance with 100% independent board members and robust financial oversight, ensuring transparency and ethical management of resources. The program expense ratio of 78.11% indicates a significant portion of funds is directed toward its programs, highlighting its commitment to fulfilling its mission.
The organization also scored well in culture and community, with an 89, and showcased strong practices in feedback collection and usage, both receiving perfect scores. This illustrates the foundation's dedication to engaging with the community and using input to enhance its services. The investment in leadership development further indicates the foundation's focus on building capacity within its team to better serve the community.
While the foundation has many strengths, including a strong equity strategies score of 83, it is essential for potential donors and stakeholders to consider the context of these ratings. The foundation’s external focus on mobilizing its mission through strategic partnerships suggests a proactive approach to community engagement, although continuous attention to equity strategies will be crucial for long-term impact. Overall, the Community Foundation of Grant County Indiana Inc stands out as a trustworthy organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Grant County Indiana Inc legitimate?
Community Foundation Of Grant County Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Grant County Indiana 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: $206,578
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,523
For more financial information, click here
Official website here: www.givetogrant.org
What is the mission statement of Community Foundation Of Grant County Indiana Inc?
The Community Foundation of Grant County Indiana Inc's mission is centered around connecting people, resources, and causes to promote sustainable impact towards the betterment of the community. Specifically, they focus on education and scholarships, aiming to provide financial assistance to as many students as possible to attend college, thereby eliminating the possibility of student loan debt. This year, they made a significant change by paying out scholarships early, essentially awarding two years of scholarships within one fiscal year, to avoid late fees for students. This proactive approach to education financing is a testament to their commitment to improving the community's future.
Official website here: www.givetogrant.org
Who is the CEO of Community Foundation Of Grant County Indiana Inc?
Dawn Brown is the CEO of Community Foundation Of Grant County Indiana Inc The CEO's salary of Community Foundation Of Grant County Indiana Inc is $100,531 and their total compensation is $106,413.
Official website here: www.givetogrant.org
What is the revenue of Community Foundation Of Grant County Indiana Inc?
Community Foundation Of Grant County Indiana Inc's revenue in 2023 was $1,702,822.
Official website here: www.givetogrant.org
Who are the executives of Community Foundation Of Grant County Indiana Inc and what are their salaries?
The average compensation at Community Foundation Of Grant County Indiana Inc during 2023 was $30,827. There are 11 employees and 10 volunteers at Community Foundation Of Grant County Indiana Inc.
Here are 19 key members and their salaries (Community Foundation Of Grant County Indiana Inc's CEO's salary is $100,531 and their total compensation is $106,413):
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- Compensation: $100,531
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- Other: $5,882
Official website here: www.givetogrant.org
Where can I find the form 990 for Community Foundation Of Grant County Indiana Inc?
Community Foundation Of Grant County Indiana Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.givetogrant.org
Learn more at the official website: www.givetogrant.org
Mission Statement of Community Foundation Of Grant County Indiana Inc
The Community Foundation of Grant County Indiana Inc is dedicated to fostering connections between individuals, resources, and causes, aiming to promote sustainable impact for the betterment of Grant County. Their mission is multifaceted, focusing on bridging gaps and driving positive changes within the community.
One of their primary initiatives is in the realm of education and scholarships. Recognizing the importance of access to higher education, the Community Foundation of Grant County Indiana Inc strives to assist as many students as possible in pursuing their college dreams. By calculating the average cost of public school tuition, fees, and books, they set scholarship award maximums that can significantly impact students' lives, potentially eliminating the need for student loans and debt. A notable change this past year was the decision to pay out scholarships early, awarding two years' worth of scholarships within a single fiscal year, to prevent students from incurring late fees at their college bursar's office.
In summary, the Community Foundation of Grant County Indiana Inc serves as a catalyst for positive change in Grant County, fostering connections and investing in the education of its youth. Their mission is driven by a commitment to promoting sustainable impact and ensuring the community has access to quality education, thereby setting students on a path towards a debt-free future.
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Impact
October, 2024
The Community Foundation of Grant County, Indiana, plays a pivotal role in enhancing the educational landscape of the region. By connecting individuals, resources, and initiatives, it fosters sustainable growth aimed at improving the quality of life for residents.
A key focus of its impact is on education and scholarship, where it strives to provide access to higher education for as many students as possible. The foundation carefully calculates the average costs of public school tuition, fees, and books to determine maximum award amounts that can be offered through scholarships. This thoughtful approach ensures that awards are significant enough to make a real difference in the lives of students, aiming to minimize the burden of student loan debt.
In a notable recent advancement, the foundation adapted its scholarship payout schedule to disburse funds early, effectively providing two years' worth of scholarships within a single fiscal year. This proactive strategy not only helps students cover educational expenses but also alleviates the stress of late payment fees to their colleges, ensuring that financial obstacles do not compromise their educational journey.
Through these efforts, the foundation is actively working toward a vision where educational opportunities are accessible and financially manageable, contributing to the overall betterment of Grant County and its residents.
This information is meant to be a general summary of Community Foundation Of Grant County Indiana 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 2023.
- Investment Income: $1,234,695
- Program Service Revenue: $33,319
- Gross Receipts: $8,373,456
Assets and Liabilities:
- Total Assets: $28,612,372
- Total Liabilities: $1,666,822
- Net Assets: $26,945,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$33,319
Organization Details
Founding Year
1984
Principal Officer
Dawn M Brown
Website
www.givetogrant.orgNTEE Category
Code: T310 - Philanthropy
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