Overview
What is Putnam County Community Foundation Inc?
The Putnam County Community Foundation Inc, established in 1985, serves as a public, tax-exempt philanthropic organization based in Greencastle, Indiana. Their primary mission is to inspire charitable giving that enriches the quality of life in Putnam County. They accomplish this by administering funds, awarding grants, and providing community development. The foundation encourages youth philanthropy to cultivate future leaders and invests in local non-profit organizations, offering workshops to support their growth and capacity building. They also provide matching grants to help non-profits establish and expand their endowments. By fostering strong community partnerships, the Putnam County Community Foundation plays a significant role in enriching the local community.
Official website here: www.pcfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
The Putnam County Community Foundation Inc demonstrates exceptional accountability and financial management, reflected in its impressive 100% score in this category. Key indicators like a fully independent board and thorough audit processes underscore its commitment to transparency and ethical governance. The organization effectively uses its resources, with a program expense ratio of 80.41%, indicating a strong focus on its core mission.
While the foundation excels in accountability, it received a slightly lower score of 77 in the Culture & Community category. This may suggest opportunities for improvement in areas related to community engagement or stakeholder equity strategies. However, overall, the foundation's strong financial practices and governance structure position it well as a trustworthy organization serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Putnam County Community Foundation Inc legitimate?
Putnam County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Putnam 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: $122,336
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,036
For more financial information, click here
Official website here: www.pcfoundation.org
What is the mission statement of Putnam County Community Foundation Inc?
The Putnam County Community Foundation, established in 1985, serves as a nonprofit public charity that administers funds and awards grants. Its mission is to enrich the quality of life and strengthen the community, partnering with those who donate to achieve this goal for present and future generations. The foundation inspires charitable giving, soliciting and developing both endowed and non-endowed funds for not-for-profit organizations serving the county. It offers matching dollars to assist other non-profits in establishing endowments. The foundation also encourages youth philanthropy, aiming to inspire future philanthropists and develop strong, ethical leadership. Furthermore, it provides workshops annually to support local churches, non-profit organizations, and units of government, focusing on topics such as strategic planning, board governance, marketing, development, event planning, and financial accountability.
Official website here: www.pcfoundation.org
Who is the CEO of Putnam County Community Foundation Inc?
Jeff Mccall is the Director of Putnam County Community Foundation Inc.
Official website here: www.pcfoundation.org
What is the revenue of Putnam County Community Foundation Inc?
Putnam County Community Foundation Inc's revenue in 2022 was $3,245,695.
Official website here: www.pcfoundation.org
Who are the executives of Putnam County Community Foundation Inc and what are their salaries?
The average compensation at Putnam County Community Foundation Inc during 2022 was $29,336. There are 13 employees and 75 volunteers at Putnam County Community Foundation Inc.
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- Other: $3,665
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- Other: $813
Official website here: www.pcfoundation.org
Where can I find the form 990 for Putnam County Community Foundation Inc?
Putnam County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pcfoundation.org
Learn more at the official website: www.pcfoundation.org
Mission Statement of Putnam County Community Foundation Inc
Putnam County Community Foundation, established in 1985, serves as a public charity with a mission to enrich the quality of life in the community and strengthen it for future generations. This nonprofit organization partners with donors by administering funds, granting awards, and providing community development. The foundation's objective is to inspire charitable giving, build endowments, and support local not-for-profit organizations serving Putnam County.
In addition, Putnam County Community Foundation encourages youth philanthropy by inspiring future philanthropists and developing strong ethical leadership. They have a Youth Philanthropy Committee that allocates funds from its unrestricted endowment to support grant-making activities. The foundation also offers workshops annually, designed to propel local churches, non-profit organizations, and units of government towards enhanced community service and leadership. The curriculum covers various topics, including strategic planning, board governance, marketing, development, event planning, and financial accountability. Grant-writing and individualized strategic planning sessions are available upon request. The foundation's workshops and initiatives aim to foster vibrant non-profit organizations, which are a hallmark of a successful community.
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Impact
October, 2024
The Putnam County Community Foundation Inc significantly enhances the quality of life in Putnam County by administering funds, awarding grants, and fostering community development since its establishment in 1985. By inspiring charitable giving, it enables individuals and organizations to contribute to local not-for-profit initiatives that benefit the community.
A hallmark of its impact is the support provided to local non-profits through matching dollars, which assist them in building their endowments. This not only ensures financial stability but also encourages organizations to set and achieve specific fundraising goals. Additionally, by promoting youth philanthropy, the foundation cultivates the next generation of leaders and philanthropists, fostering a culture of giving and ethical leadership essential for the community's future.
Workshops aimed at enhancing the skills and capabilities of local churches, non-profits, and governmental units are another critical aspect of its influence. These workshops cover various essential topics, such as strategic planning, governance, marketing, and financial accountability, thereby empowering organizations to serve the community more effectively. The availability of individualized support in grant writing and strategic planning enhances the capacity of local groups to meet their missions and address community needs.
Overall, the Putnam County Community Foundation Inc plays a vital role in strengthening the community, developing a vibrant network of non-profits, and enriching lives through sustained philanthropic efforts.
This information is meant to be a general summary of Putnam 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: $2,213,008
- Gross Receipts: $8,335,056
Assets and Liabilities:
- Total Assets: $37,518,781
- Total Liabilities: $5,642,917
- Net Assets: $31,875,864
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Organization Details
Founding Year
1985
Phone
(765) 653-4978Principal Officer
Jeff Mccall
Main Address
2 S JACKSON STREET, GREENCASTLE, IN, 46135
Website
www.pcfoundation.orgNTEE Category
Code: T31Z - Philanthropy
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