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Columbus Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 316044264 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Columbus Foundation?

The Columbus Foundation is a committed nonprofit organization based in Columbus, Ohio. With a mission to enhance the community's quality of life for all residents, they take on the responsibility of assisting donors and others in making a positive impact. Their reach extends beyond just donor services, as they also run programs in the arts and humanities. By embracing their role, the Columbus Foundation works tirelessly to improve community life for its residents.


Official website here: www.columbusfoundation.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

The Columbus Foundation has achieved an impressive score of 96%, reflecting a strong commitment to accountability and financial transparency. This high rating is based entirely on its accountability and finance metrics, which showcase a well-managed organization with no reported material diversions of assets and a robust oversight structure.

Strengths of the foundation include a fully independent board, comprehensive financial reporting practices, and a commitment to ethical governance, indicated by the presence of several important policies such as conflict of interest and whistleblower protections. Additionally, the foundation maintains a high program expense ratio, ensuring that a significant majority of its funds are directed towards its charitable activities.

While the data does not highlight specific areas for improvement, the strong performance across various financial indicators suggests the Columbus Foundation operates effectively. The foundation's operational transparency and governance practices contribute positively to its credibility and trustworthiness in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Columbus Foundation legitimate?

Columbus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbus 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: $1,766,076
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,088,753

For more financial information, click here


Official website here: www.columbusfoundation.org

What is the mission statement of Columbus Foundation?

The Columbus Foundation is dedicated to enhancing the quality of life for all community members. Acting upon this responsibility, the foundation assists donors and various entities in making a positive impact on the community. Beyond this role, the Columbus Foundation also engages in initiatives within the arts and humanities sector. By embracing its mission to strengthen the community, the foundation plays a crucial role in fostering a thriving and vibrant local environment.


Official website here: www.columbusfoundation.org

Who is the CEO of Columbus Foundation?

Scott Heitkamp is the Chairperson/Trustee of Columbus Foundation. The CEO's salary of Columbus Foundation is $605,659 and their total compensation is $707,277.


Official website here: www.columbusfoundation.org

What is the revenue of Columbus Foundation?

Columbus Foundation's revenue in 2022 was $287,508,310.


Official website here: www.columbusfoundation.org

Who are the executives of Columbus Foundation and what are their salaries?

The average compensation at Columbus Foundation during 2022 was $124,680. There are 63 employees and 648 volunteers at Columbus Foundation.


Here are 18 key members and their salaries (Columbus Foundation's CEO's salary is $605,659 and their total compensation is $707,277):


Nancy Kramer (Chairperson/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Kellogg (Vice Chairperson/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George S Barrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Ingram (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey W Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Wolfe Lloyd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael P Glimcher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marchelle E Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew A Scantland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas F Kridler (President & Ceo)
  • Compensation: $605,659
  • Related: $0
  • Other: $101,618
Scott G Heitkamp (Vice President & Cfo)
  • Compensation: $355,752
  • Related: $0
  • Other: $58,454
Angela G Parsons (Vice President Of Dsd)
  • Compensation: $293,063
  • Related: $0
  • Other: $58,051
Dan Sharpe (Vice President Crgm)
  • Compensation: $257,572
  • Related: $0
  • Other: $35,907
John B Britton (Dir. Of Planned Gvg. & Gnl)
  • Compensation: $247,761
  • Related: $0
  • Other: $53,678
Steven Moore (Chief Of Staff)
  • Compensation: $204,005
  • Related: $0
  • Other: $23,247
Gregg Oosterbaan (Vice President Of Informat)
  • Compensation: $176,178
  • Related: $0
  • Other: $46,236
Tamara J Durrence (Vice President Supporting)
  • Compensation: $174,899
  • Related: $0
  • Other: $39,498
Nikki Scarpitti (E.D. Of The Walter Foundation)
  • Compensation: $170,777
  • Related: $0
  • Other: $9,936


Official website here: www.columbusfoundation.org

Where can I find the form 990 for Columbus Foundation?

Columbus Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.columbusfoundation.org

Learn more at the official website: www.columbusfoundation.org

Mission Statement of Columbus Foundation

The Columbus Foundation is a philanthropic organization with a mission to enhance the community's quality of life for all its residents. In line with this responsibility, the Foundation assists donors and other stakeholders in strengthening and improving the community. By embracing this role, the Columbus Foundation plays a significant part in making the community a better place for everyone.

Beyond its commitment to community betterment, the Columbus Foundation is also involved in the arts and humanities sector. It supports various initiatives and programs in this area, further contributing to the overall improvement of the community's quality of life. The Foundation's dedication to its mission goes beyond just words; it actively engages with donors and partners to bring about tangible changes that benefit the community as a whole.

In essence, the Columbus Foundation serves as a catalyst for positive change in the community by working closely with donors and other stakeholders. Its mission is grounded in the belief that a stronger community leads to better lives for all its residents. Through its various initiatives and programs, the Columbus Foundation continues to strive for a more vibrant and prosperous community for everyone.

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Impact




October, 2024

The Columbus Foundation significantly enhances the quality of life for all residents in Columbus, Ohio, by advancing philanthropy and fostering community development. Through its initiatives, it plays a critical role in assisting donors and local organizations to implement projects that benefit the broader community. The foundation runs programs aimed at enriching the arts and humanities, thereby contributing to cultural vibrancy. By embracing its mission to strengthen and improve community well-being, the Columbus Foundation actively engages various stakeholders in collaborative efforts to address local needs and aspirations. This multifaceted approach not only empowers individual and collective action but also promotes a more resilient and inclusive community for everyone.




This information is meant to be a general summary of Columbus 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.

Revenue
$287,508,310 (2022)
Expenses
$299,743,646 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $81,194,190
  • Gross Receipts: $753,762,206

Assets and Liabilities:

  • Total Assets: $2,369,457,379
  • Total Liabilities: $15,828,352
  • Net Assets: $2,353,629,027

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Organization Details

Founding Year

1945

Principal Officer

Scott Heitkamp

Main Address

1234 EAST BROAD STREET, COLUMBUS, OH, 432051453

NTEE Category

Code: T310 - Philanthropy

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