Overview
What is Defiance Area Foundation Inc?
Defiance Area Foundation Inc is a nonprofit organization situated in the Defiance County area. Its primary role involves managing multiple restricted endowment funds and assessing grant applications. The organization's mission is to disburse funds to support projects that contribute positively to the Defiance County community. In essence, the Defiance Area Foundation plays a crucial role in channeling resources to initiatives that improve the quality of life in its locality.
Official website here: www.defianceareafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Defiance Area Foundation Inc has received an 81% score from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The rating is based entirely on the organization's financial practices, showcasing a strong emphasis on responsible management. The charity's high marks in categories such as board independence and the absence of material diversion of assets further highlight its commitment to ethical governance.
The foundation has achieved a perfect score for having a majority of independent board members and for maintaining thorough policies regarding conflict of interest, whistleblower protections, and document retention. Additionally, its program expense ratio of 87.65% indicates that a significant portion of its resources is allocated directly to its mission-related activities, which is a positive sign for potential donors.
While the overall score is commendable, it is important to note that the rating is solely based on accountability and finance metrics. This means that aspects such as program impact and effectiveness are not evaluated in this score, which could provide a more comprehensive view of the organization's performance. Nonetheless, the foundation's strong governance and financial practices are promising indicators for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Defiance Area Foundation Inc legitimate?
Defiance Area Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Defiance Area Foundation Inc 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: $68,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,192
For more financial information, click here
Official website here: www.defianceareafoundation.org
What is the mission statement of Defiance Area Foundation Inc?
The Defiance Area Foundation, in its mission, manages various restricted endowment funds, assesses grant applications, and distributes funds to support projects that enhance the well-being of the Defiance County area. Essentially, its role is to fund initiatives that contribute positively to the local community. The foundation serves as a vital resource, evaluating grant proposals and providing financial assistance to projects that align with its goal of improving the Defiance County area.
Official website here: www.defianceareafoundation.org
Who is the CEO of Defiance Area Foundation Inc?
Christine Yoder is the Exec. Dir. of Defiance Area Foundation Inc.
Official website here: www.defianceareafoundation.org
What is the revenue of Defiance Area Foundation Inc?
Defiance Area Foundation Inc's revenue in 2023 was $1,855,304.
Official website here: www.defianceareafoundation.org
Who are the executives of Defiance Area Foundation Inc and what are their salaries?
The average compensation at Defiance Area Foundation Inc during 2023 was $32,397. There are 3 employees and 250 volunteers at Defiance Area Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.defianceareafoundation.org
Where can I find the form 990 for Defiance Area Foundation Inc?
Defiance Area Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.defianceareafoundation.org
Learn more at the official website: www.defianceareafoundation.org
Mission Statement of Defiance Area Foundation Inc
The Defiance Area Foundation, as a nonprofit organization, is dedicated to managing various restricted endowment funds. Its primary mission is to evaluate grant requests and disburse funds to projects that aim to improve the Defiance County area. The foundation plays a crucial role in funding projects that contribute positively to the community, ensuring that the area continues to thrive and develop. By evaluating grant proposals and providing financial support, the Defiance Area Foundation is instrumental in fostering growth and development in the Defiance County community.
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Impact
October, 2024
Defiance Area Foundation Inc significantly enhances the community by funding projects aimed at improving the Defiance County area. By managing various restricted endowment funds, the Foundation carefully evaluates grant requests to ensure that financial support is directed towards initiatives that have a meaningful impact on local residents. Through its strategic disbursement of funds, the Foundation plays a crucial role in fostering community development, supporting local initiatives, and addressing the needs of the region. Its commitment to philanthropy helps to empower individuals and organizations, creating a more vibrant and sustainable community in Defiance, Ohio.
This information is meant to be a general summary of Defiance Area Foundation Inc. 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 2023.
- Investment Income: $286,230
- Gross Receipts: $13,043,926
Assets and Liabilities:
- Total Assets: $14,423,822
- Total Liabilities: $853,137
- Net Assets: $13,570,685
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Organization Details
Founding Year
1979
Phone
(419) 782-3130Principal Officer
Christine Yoder
Main Address
613 WEST THIRD STREET, DEFIANCE, OH, 43512
NTEE Category
Code: T31 - Philanthropy
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