Overview
What is Inland Empire Community Foundation?
Inland Empire Community Foundation (IECF) is a Riverside-based nonprofit organization with a workforce of 22 employees. In 2022, they invested over $24 million in grants, with a significant portion going towards scholarships and education. Their grantmaking covers a wide range of categories, including Advocacy, Arts & Culture, Children & Families, Civic & Environmental Benefit, Health and Human Services, and Other. IECF supports various funds for specific issues or locations, such as ADA compliance, city developments, and domestic abuse victims. They have focused on racial, gender, and economic equity since March 2020, ensuring their staff and Board reflect the communities they serve. In 2022, they granted $4,916,884 to nonprofits in partnership with the S.L. Gimbel Foundation trustees. Additionally, the S.L. Gimbel Foundation Scholarship Fund awarded $293,680 to low-income students to attend certain colleges. IECF is committed to enhancing the quality of life in the Inland Empire through philanthropy.
Official website here: www.iegives.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% - Four-Star out of Four Stars
The Inland Empire Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score of 100%, the foundation demonstrates exceptional financial health, transparency, and effective governance, ensuring that donor funds are managed with integrity.
One of the organization's key strengths lies in its independent board structure, which consists of 16 independent members, all of whom fulfill their roles without conflicts of interest. The foundation also excels in its financial oversight, receiving top scores in areas such as program expense ratio and fundraising efficiency, indicating that a significant portion of its funding is directed towards its mission rather than administrative costs.
However, while the financial metrics are robust, the summary does not provide insights into the foundation's programmatic impact or community outreach, which are also essential for understanding the full scope of its effectiveness. Overall, the Inland Empire Community Foundation stands out for its financial accountability, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Inland Empire Community Foundation legitimate?
Inland Empire Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inland Empire 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: $750,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,105,249
For more financial information, click here
Official website here: www.iegives.org
What is the mission statement of Inland Empire Community Foundation?
The Inland Empire Community Foundation is dedicated to enhancing the region through philanthropy. In 2022, they invested over $24 million in grants, with a significant portion going towards scholarships and education. Their grantmaking covers various categories including advocacy, arts and culture, children and families, civic and environmental benefit, health and human services, and other causes. The foundation is committed to addressing racial, gender, and economic inequities and ensuring the voices and power of marginalized communities are heard in decision-making processes. They prioritize equity, inclusion, and diversity in their community work and have awarded grants to organizations that reflect these values. Additionally, they administer the S.L. Gimbel Foundation Fund, which supports causes in the areas of health, environmental protection, education, and human dignity. The S.L. Gimbel Foundation Scholarship Fund provides financial assistance to low-income students attending certain universities.
Official website here: www.iegives.org
Who is the CEO of Inland Empire Community Foundation?
R Michelle Decker is the Board Chair of Inland Empire Community Foundation. The CEO's salary of Inland Empire Community Foundation is $235,533 and their total compensation is $275,917.
Official website here: www.iegives.org
What is the revenue of Inland Empire Community Foundation?
Inland Empire Community Foundation's revenue in 2022 was $38,980,191.
Official website here: www.iegives.org
Who are the executives of Inland Empire Community Foundation and what are their salaries?
The average compensation at Inland Empire Community Foundation during 2022 was $84,358. There are 22 employees and 32 volunteers at Inland Empire Community Foundation.
Here are 23 key members and their salaries (Inland Empire Community Foundation's CEO's salary is $235,533 and their total compensation is $275,917):
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- Compensation: $235,533
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- Other: $40,384
- Compensation: $152,510
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- Compensation: $139,583
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- Compensation: $153,301
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- Other: $30,456
- Compensation: $134,167
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- Other: $11,897
Official website here: www.iegives.org
Where can I find the form 990 for Inland Empire Community Foundation?
Inland Empire Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iegives.org
Learn more at the official website: www.iegives.org
Mission Statement of Inland Empire Community Foundation
The Inland Empire Community Foundation (IECF) is a philanthropic organization dedicated to enhancing the Inland Empire region through grantmaking. With over $24 million invested in grants in 2022, a significant portion of which went towards scholarships and education, the foundation supports a wide range of nonprofits in their 27,000 square miles, two-county region.
IECF's grantmaking encompasses various categories, including Advocacy, Arts & Culture, Children & Families, Civic & Environmental Benefit, Health and Human Services, and Other. Special funds are also set aside for specific issues or places, such as ADA compliance, various cities, the High Desert, victims of domestic abuse, senior pet-owners, and low-income children in Riverside County. The foundation's commitment to long-term investment in the issues and places its donors care about is reflected in its geographic funds, which are seen as crucial investments to strengthen all parts of the Inland Empire.
Since March 2020, IECF's Community Impact Grantmaking has focused on racial, gender, and economic equity. This commitment entails ensuring that the organization's staff and Board reflect the communities they serve, building the voice and power of grantees to transform their communities, and using data to drive grantmaking, programs, and partnerships. In doing so, the foundation aims to better use community philanthropy to create a fairer Inland Empire and prioritizes equity, inclusion, and diversity in its community work. In 2022, CIF grants were awarded to 39 nonprofits that address the critical needs of individuals and communities most impacted by racial, gender, and economic inequity, have culturally and linguistically responsive programs, engage clients in decision-making, and practice and institutionalize equity, diversity, and inclusion.
In addition to its grantmaking program, the Inland Empire Community Foundation partners with the S.L. Gimbel Foundation to award scholarships to low-income students attending various universities in the region. The foundation encourages applications from first-generation college-going students and traditionally underrepresented students in higher education.
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Impact
October, 2024
Inland Empire Community Foundation (IECF) plays a vital role in enhancing the quality of life across a diverse 27,000 square-mile, two-county region. In 2022 alone, IECF distributed over $24 million in grants, with more than $7 million dedicated to scholarships and educational initiatives. The foundation’s general grantmaking totaled over $18 million, supporting a wide array of nonprofit organizations in areas such as advocacy, arts and culture, health and human services, and civic and environmental benefit.
IECF's strategic focus on racial, gender, and economic equity underscores its commitment to addressing systemic disparities. By prioritizing grantmaking that uplifts communities most affected by inequities, IECF works to build a more inclusive and equitable region. In 2022, 39 nonprofits received Community Impact Grants aimed at supporting initiatives aligned with these values, ensuring that those directly impacted by social and economic challenges have a voice in shaping their communities.
Through funds like the S.L. Gimbel Foundation Fund, IECF not only supports healthcare, education, and environmental initiatives but also provides scholarships to low-income students pursuing higher education at local universities. This initiative fosters access to educational opportunities for traditionally underrepresented groups, making a tangible impact on the future of individuals and, by extension, the community.
By listening to and integrating the lived experiences of community members, IECF amplifies the voices of those it serves and seeks long-term solutions for sustainability and growth throughout the Inland Empire. Their commitment to transparency, collaboration, and accountability ensures that philanthropic investments address the specific needs of varied populations, strengthening the region as a whole and creating pathways to enhanced well-being for all residents.
This information is meant to be a general summary of Inland Empire 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: $3,503,358
- Gross Receipts: $39,889,125
Assets and Liabilities:
- Total Assets: $124,985,392
- Total Liabilities: $23,379,159
- Net Assets: $101,606,233
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Organization Details
Founding Year
1997
Phone
(951) 241-7777Principal Officer
R Michelle Decker
Main Address
3700 Sixth Street 200, Riverside, CA, 92501
Website
www.iegives.orgNTEE Category
Code: T310 - Philanthropy
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