Overview
What is Altria Companies Employee Community Fund?
The Altria Companies Employee Community Fund (ACECF) is a philanthropic initiative established in 2000 by the company's employees who sought to engage more actively in community support. Employees determine the fund's focus areas and nominate eligible organizations for aid. Beginning in 2019, employee contributions are channeled through the American Online Giving Foundation, a national 501(c)(3) organization. The mission of ACECF is to enhance the lives of people in local communities by responsibly managing employee donations and fostering employee involvement in philanthropy. This comprehensive giving program empowers employees to directly contribute to and select grant recipients, thereby strengthening their connection with their communities.
Is Altria Companies Employee Community Fund legitimate?
Altria Companies Employee Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altria Companies Employee Community Fund 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 Altria Companies Employee Community Fund?
The Altria Companies Employee Community Fund, established in 2000, enhances the lives of people in various communities by effectively managing employees' charitable contributions. This fund empowers employees by involving them in the selection process of grant recipients through a combined charitable campaign. The mission of the Altria Companies Employee Community Fund is to steward employees' contributions effectively and empower them through philanthropy, aiming to make a positive impact in the communities they care about.
Who is the CEO of Altria Companies Employee Community Fund?
Diane Wallace is the Director & Chairperson of Altria Companies Employee Community Fund.
What is the revenue of Altria Companies Employee Community Fund?
Altria Companies Employee Community Fund's revenue in 2020 was $96.
Who are the executives of Altria Companies Employee Community Fund and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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Where can I find the form 990 for Altria Companies Employee Community Fund?
Altria Companies Employee Community Fund's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Altria Companies Employee Community Fund
The Altria Companies Employee Community Fund, established in 2000, is a combined charitable campaign that empowers its employees to directly participate in the selection of grant recipients. The mission of this organization is to enhance the lives of people in their communities by effectively stewarding the employees' contributions and empowering them through philanthropy. By allowing employees to choose the focus areas and nominate organizations for support, and then having an employee committee select the grant recipients, the Altria Companies Employee Community Fund enables its workforce to actively contribute to the betterment of their local communities. Starting in 2019, the employees' funds began to be directly sent to the American Online Giving Foundation, a national 501(c)(3).
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Impact
October, 2024
The Altria Companies Employee Community Fund (ACECF) has made a significant impact by fostering a culture of philanthropy among its employees who actively participate in the charitable giving process. Founded in 2000, the initiative allows employees to take an active role in selecting grant recipients, ensuring that contributions are directed toward causes they are passionate about.
The fund focuses on community needs as identified by employees, empowering them to nominate local organizations for support. This engagement not only strengthens the connection between employees and their communities but also amplifies the fund's effectiveness by addressing specific local issues. Since 2019, the funding process has enhanced further by partnering with a national organization, the American Online Giving Foundation, allowing for streamlined contributions to be maximized for community benefit.
Through these efforts, the ACECF enhances lives by effectively stewarding employee contributions, creating tangible positive changes in local communities, and promoting a sense of agency and involvement among employees in philanthropic activities. This model not only benefits recipients but also strengthens team cohesion and corporate responsibility within Altria.
This information is meant to be a general summary of Altria Companies Employee Community Fund. 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 2020.
- Investment Income: $96
- Gross Receipts: $96
Assets and Liabilities:
- Total Assets: $26,696
- Total Liabilities: $0
- Net Assets: $26,696
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Organization Details
Founding Year
2000
Phone
(804) 484-8181Principal Officer
Diane Wallace
Main Address
6603 WEST BROAD STREET, RICHMOND, VA, 23230
NTEE Category
Code: T30 - Philanthropy
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