Overview
What is Woodbine Community Foundation?
Woodbine Community Foundation is a nonprofit organization based in Woodbine, Iowa. Its primary mission is to provide funding for educational and charitable purposes, primarily within Woodbine and its surrounding area. This includes supporting various programs, institutions, and initiatives that align with its objectives, as decided by its Board of Directors. The foundation also solicits, receives, manages, invests, and uses contributions, donations, grants, and bequests, along with their income, for these support purposes. To achieve its goals, the foundation engages in diverse legal activities, ensuring the successful realization of its objectives.
Is Woodbine Community Foundation legitimate?
Woodbine Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodbine 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
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What is the mission statement of Woodbine Community Foundation?
The Woodbine Community Foundation's mission is centered around providing funding for educational and charitable purposes, programs, and institutions. This support primarily extends to the local area, including Woodbine, Iowa, but may also extend to other appropriate causes as deemed suitable by the Board of Directors. The foundation's activities involve soliciting, receiving, managing, investing, and using contributions, donations, grants, and bequests, along with their income, for these support purposes. The organization engages in various lawful activities that may be necessary, useful, suitable, desirable, or proper for the furtherance, accomplishment, fostering, and attainment of its purposes.
Who is the CEO of Woodbine Community Foundation?
Paul Fouts is the President of Woodbine Community Foundation.
What is the revenue of Woodbine Community Foundation?
Woodbine Community Foundation's revenue in 2022 was $289.
Who are the executives of Woodbine Community Foundation and what are their salaries?
There 15 volunteers at Woodbine Community Foundation.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Woodbine Community Foundation?
Woodbine Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Woodbine Community Foundation
The Woodbine Community Foundation, as a philanthropic organization, is dedicated to providing funding for educational and charitable purposes, programs, and institutions. Its primary focus is on supporting initiatives within Woodbine, Iowa, and its surrounding area. However, the foundation is also open to funding other educational and charitable purposes, programs, and institutions when deemed appropriate by its Board of Directors, except for any restrictions that may be in place.
The foundation's mission involves soliciting, receiving, managing, investing, and using contributions, donations, grants, and bequests, along with their income, for these support purposes. Additionally, the foundation engages in various lawful activities that are necessary, useful, suitable, desirable, or proper for furthering, accomplishing, fostering, and attaining its purposes. This versatile approach allows the Woodbine Community Foundation to make a significant impact in the community and beyond, depending on the needs and opportunities it encounters.
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Impact
October, 2024
The Woodbine Community Foundation significantly enhances the educational and charitable landscape in Woodbine, Iowa, and its surrounding areas. By providing essential funding for a variety of programs and institutions, it helps to address local needs and uplift the community. The foundation actively solicits, manages, and invests contributions—ranging from donations to grants—ensuring that these resources are effectively utilized for impactful initiatives.
Through its focused dedication to educational advancement and charitable activities, the foundation plays a pivotal role in fostering community growth. It supports various programs that equip individuals with knowledge and skills, thereby contributing to the overall development of the region. Additionally, the foundation’s commitment to funding diverse purposes, as determined by its board, allows for flexibility and responsiveness to emerging community needs.
The revenue generated from donor-advised funds and real estate donations amplifies the foundation's capacity to support its mission. By investing in local programs and institutions, the Woodbine Community Foundation not only enriches the lives of individuals but also strengthens the fabric of the community as a whole, promoting a culture of philanthropy and collective well-being.
This information is meant to be a general summary of Woodbine 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: $289
- Gross Receipts: $289
Assets and Liabilities:
- Total Assets: $405,872
- Total Liabilities: $29,654
- Net Assets: $376,218
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Organization Details
Founding Year
1997
Phone
(712) 647-2390Principal Officer
Paul Fouts
Main Address
501 NORMAL ST PO BOX 139, WOODBINE, IA, 51579
NTEE Category
Code: T31 - Philanthropy
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