Overview
What is The Van Wert County Foundation?
The Van Wert County Foundation is a nonprofit organization situated in Van Wert, Ohio, with the address 138 E MAIN ST. Its primary mission is to collect and invest contributions, aiming to enhance the mental, moral, intellectual, and physical well-being of citizens in Van Wert County, Ohio, and other specified areas, as directed by donors. The foundation seeks to improve the community's quality of life by supporting purposeful endowments, fostering collective growth, and initiating projects for future development. With a workforce of 15 employees, The Van Wert County Foundation plays a crucial role in supporting various welfare and advancement initiatives within its reach.
Official website here: www.vanwertcountyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Van Wert County Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 95, the organization excels in various areas, such as having a fully independent board and maintaining a low liabilities to assets ratio of only 3.17%. These factors contribute to the foundation's overall transparency and responsible management of resources.
The foundation demonstrates a solid commitment to financial integrity, as evidenced by its high program expense ratio of 86.78%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, the organization has implemented crucial policies, like conflict of interest and whistleblower protections, which enhance its operational governance.
However, while the foundation scored impressively in most categories, it received a notably low score in fundraising efficiency, with a ratio of $0.002. This aspect may warrant further attention to improve its fundraising strategies and overall effectiveness in generating resources. Nonetheless, the foundation's overall financial health and governance practices are strong, positioning it well to serve its community effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Van Wert County Foundation?
100% of the 10 reviews on Facebook recommend The Van Wert County Foundation. Here's a summary of their insights:
The Van Wert County Foundation is praised for its significant impact on small communities, with many reviewers highlighting the remarkable level of generosity and support they provide. The foundation's contributions are noted to have positively affected numerous local initiatives and residents.
Overall, the sentiments expressed reflect a deep appreciation for the foundation’s dedication to community enhancement and philanthropy. People feel grateful for the foundation's efforts in making a difference in their lives and supporting local causes.
This AI summary has been generated from reviews found on Facebook.
Is The Van Wert County Foundation legitimate?
The Van Wert County Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Van Wert 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: $159,964
Professional Fundraising Fees: $0
Other Salaries and Wages: $360,804
For more financial information, click here
Official website here: www.vanwertcountyfoundation.org
What is the mission statement of The Van Wert County Foundation?
The Van Wert County Foundation's mission is centered around receiving and investing contributions to enhance the mental, moral, intellectual, or physical well-being and advancement of individuals. The organization directs its efforts to citizens of Van Wert County, Ohio, and other specified areas, as per the instructions of a donor. By doing so, The Van Wert County Foundation aims to improve the quality of life in these communities. They accomplish this through purposeful endowments, fostering collective growth, and initiating projects for the future. The foundation serves as a catalyst for positive change and development in the designated areas.
Official website here: www.vanwertcountyfoundation.org
Who is the CEO of The Van Wert County Foundation?
Seth Baker is the Board Chair of The Van Wert County Foundation. The CEO's salary of The Van Wert County Foundation is $122,212 and their total compensation is $132,464.
Official website here: www.vanwertcountyfoundation.org
What is the revenue of The Van Wert County Foundation?
The Van Wert County Foundation's revenue in 2022 was $4,303,175.
Official website here: www.vanwertcountyfoundation.org
Who are the executives of The Van Wert County Foundation and what are their salaries?
The average compensation at The Van Wert County Foundation during 2022 was $34,718. There are 15 employees and 15 volunteers at The Van Wert County Foundation.
Here are 17 key members and their salaries (The Van Wert County Foundation's CEO's salary is $122,212 and their total compensation is $132,464):
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Official website here: www.vanwertcountyfoundation.org
Where can I find the form 990 for The Van Wert County Foundation?
The Van Wert County Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vanwertcountyfoundation.org
Learn more at the official website: www.vanwertcountyfoundation.org
Mission Statement of The Van Wert County Foundation
The Van Wert County Foundation, as a nonprofit organization, is committed to receiving and investing contributions with the primary objective of enhancing the mental, moral, intellectual, and physical well-being, as well as the advancement, of citizens in various areas. Directed by donors, the foundation plays a crucial role in transforming the quality of life by fostering purposeful endowments, inspiring collective growth, and building initiatives for the future. By undertaking these activities, the Van Wert County Foundation serves as a catalyst for positive change and improvement in the lives of its beneficiaries.
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Impact
October, 2024
The Van Wert County Foundation significantly enhances the quality of life for residents of Van Wert County, Ohio, through its dedicated efforts to advance the mental, moral, intellectual, and physical welfare of the community. By receiving and investing contributions, the foundation creates impactful endowments that support various charitable organizations and governmental units, ensuring that resources are directed where they are needed most.
Through purposeful funding initiatives, the foundation fosters collective growth, empowering local projects that inspire positive change. Its commitment to building a brighter future is evident in the diverse programs and services it supports, all tailored to meet the unique needs of the community. The foundation not only addresses immediate needs but also invests in long-term solutions, creating a sustainable environment for continuous improvement and development in Van Wert County.
This information is meant to be a general summary of The Van Wert 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: $842,341
- Gross Receipts: $20,375,049
Assets and Liabilities:
- Total Assets: $72,768,008
- Total Liabilities: $2,312,063
- Net Assets: $70,455,945
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Organization Details
Founding Year
1925
Phone
(419) 238-1743Principal Officer
Seth Baker
Main Address
138 E MAIN ST, VAN WERT, OH, 45891
NTEE Category
Code: T31 - Philanthropy
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