Overview
What is Warren County Foundation?
Warren County Foundation is a nonprofit organization situated in Lebanon, Ohio. Its primary mission is to enrich the community by encouraging and facilitating charitable giving. The foundation administers multiple charitable funds, distributing income from endowment funds to award scholarships and grants to various organizations. This year, it has created various funds, including the Flying Neutrons Scholarship, the Jorge Gonzalez Memorial Scholarship, and the Warren County Environmental fund, among others. In total, the foundation has created funds worth $388,551 this fiscal year, demonstrating its commitment to supporting various causes in Warren County.
Official website here: www.warrencountyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Warren County Foundation has achieved an 87% rating on Charity Navigator, which indicates strong performance in accountability and finance. This score is derived solely from a comprehensive assessment of its financial practices, showcasing the organization’s commitment to transparency and responsible management of its resources.
One of the foundation's notable strengths is its governance structure, with a fully independent board and a robust framework of policies in place, including conflict of interest and whistleblower policies. Additionally, the foundation excels in financial metrics, including a high program expense ratio of 90.53%, which demonstrates effective allocation of funds towards its mission-related activities.
While the foundation has received a solid score, it is important for potential donors to consider that the rating is based exclusively on financial accountability. There may be additional aspects of organizational impact or community engagement that are not reflected in this score, which could be relevant for stakeholders interested in the overall effectiveness of the foundation's initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Warren County Foundation legitimate?
Warren County Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warren County 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: $160,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,120
For more financial information, click here
Official website here: www.warrencountyfoundation.org
What is the mission statement of Warren County Foundation?
The Warren County Foundation's mission is to enhance the quality of life in various communities by encouraging and facilitating charitable giving. They make charitable giving convenient, flexible, and effective by administering a variety of charitable funds. The income generated from these endowment funds is then distributed as scholarships and grants to charitable organizations. Their activities include creating various funds such as the Flying Neutrons Scholarship Fund, the Jorge Gonzalez Memorial Scholarship Endowment, and the Warren County Environmental Designated Fund, among others. The total funds created this fiscal year amount to $388,551.00.
Official website here: www.warrencountyfoundation.org
Who is the CEO of Warren County Foundation?
Michael Mansbridge is the Chair of Warren County Foundation. The CEO's salary of Warren County Foundation is $85,190 and their total compensation is $85,190.
Official website here: www.warrencountyfoundation.org
What is the revenue of Warren County Foundation?
Warren County Foundation's revenue in 2022 was $2,518,590.
Official website here: www.warrencountyfoundation.org
Who are the executives of Warren County Foundation and what are their salaries?
The average compensation at Warren County Foundation during 2022 was $67,603. There are 3 employees and 20 volunteers at Warren County Foundation.
Here are 22 key members and their salaries (Warren County Foundation's CEO's salary is $85,190 and their total compensation is $85,190):
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Official website here: www.warrencountyfoundation.org
Where can I find the form 990 for Warren County Foundation?
Warren County Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.warrencountyfoundation.org
Learn more at the official website: www.warrencountyfoundation.org
Mission Statement of Warren County Foundation
The Warren County Foundation, an organization dedicated to charitable giving, aims to enhance the quality of life in its community. It accomplishes this by encouraging and facilitating philanthropic activities, making charitable giving convenient, flexible, and effective. The foundation manages a variety of charitable funds, including endowments and designated funds, which it distributes to support local organizations and initiatives.
One of the significant funds managed by the Warren County Foundation is the Flying Neutrons designated fund, which provides scholarships. Another notable fund is the Pleasant Quarter Community Center designated fund, which is used to construct a community center for a local congregation. The foundation also manages the Springboro Community Assistance Scholarships designated fund, the Jorge Gonzalez Memorial Scholarship endowment, the Neff-Weir Nature Preserve Education endowment, the Patriots at the Heatherwood designated fund for fallen soldiers, the Franklin (Ohio) Area Historical Society endowment, the Warren County Environmental designated fund for green initiatives, and the WC Veterans Suicide Prevention designated fund, among others. In total, the foundation created over $388,000 worth of funds in the current fiscal year.
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Impact
October, 2024
The Warren County Foundation significantly enhances the quality of life in Warren County through the management and distribution of various charitable funds. By administering endowment funds, the Foundation supports scholarships and grants that empower individuals and strengthen communities.
In recent efforts, several designated funds have been established, exemplifying the Foundation’s impact. The Flying Neutrons fund, for example, provides scholarships for aspiring pilots, totaling $4,538. The Pleasant Quarter Community Center fund, with a substantial allocation of $298,785, facilitates the construction of a community center to serve its congregation. The Springboro Community Assistance Scholarships have allocated $20,000 to support local students in their educational pursuits.
In addition to education-focused initiatives, several funds are aimed at preserving the environment and promoting health. The Warren County Environmental fund promotes green initiatives, while the Neff Weir Nature Preserve Education endowment of $19,000 supports educational programming related to conservation.
The Foundation also addresses pressing social issues, with designated funds like the WC Veterans Suicide Prevention fund, which allocates $20,000 to support vital mental health resources for veterans. The Patriots at the Heatherwood fund honors fallen soldiers with a contribution of $4,778, showcasing the community's commitment to those who have served.
Overall, the Warren County Foundation plays a crucial role in mobilizing resources and promoting philanthropy, creating lasting benefits for individuals and organizations throughout the region. With a total of $388,551 raised in the recent fiscal year, the Foundation continues to foster a culture of giving that directly impacts the welfare and development of the community.
This information is meant to be a general summary of Warren County 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: $657,104
- Program Service Revenue: $157,535
- Gross Receipts: $2,518,590
Assets and Liabilities:
- Total Assets: $17,730,849
- Total Liabilities: $3,690,257
- Net Assets: $14,040,592
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT FEE INCOME
Revenue
$157,535
Organization Details
Founding Year
1996
Phone
(513) 934-1001Principal Officer
Michael Mansbridge
Main Address
118 EAST MAIN STREET, LEBANON, OH, 450362228
NTEE Category
Code: T70 - Philanthropy
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