Overview
What is Bowling Green Community Foundation?
The Bowling Green Community Foundation is a vital nonprofit entity situated in Bowling Green, Ohio. Its primary mission involves providing financial aid in the form of cash grants to eighteen local charitable organizations. Additionally, the foundation extends its support to five deserving local high school graduates by offering college scholarships. As a community foundation, its role is to foster and strengthen the local community by backing not-for-profit organizations and investing in the future of its youth.
Official website here: www.bgohcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Bowling Green Community Foundation has achieved a commendable score of 90%, reflecting its strong performance in accountability and finance, which is essential for ensuring donor trust and effective use of funds. This rating is particularly significant as it underscores the foundation's commitment to maintaining a high level of transparency and integrity in financial management.
The organization boasts a fully independent board, with 100% of its 19 members being independent, which enhances its governance quality. Additionally, the foundation has demonstrated fiscal responsibility, evidenced by a low liabilities to assets ratio and an impressive program expense ratio of 99.35%, indicating that nearly all funds are directed toward its programs. The presence of critical policies, such as a conflict of interest policy and proper document retention practices, further supports its operational integrity.
However, the lack of a whistleblower policy is a noted limitation, as such a policy is an essential component of a comprehensive governance framework. While this gap does not detract significantly from the overall positive assessment, it is an area for potential improvement. Overall, the Bowling Green Community Foundation stands out for its strong financial health and governance practices while leaving room for enhancements in its policy framework.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bowling Green Community Foundation?
Bowling Green Community Foundation has garnered positive remarks from its users, reflecting a strong sense of community support. With three reviews noted, one user specifically highlighted the organization's impactful role in making a significant difference for the entire Bowling Green community.
The enthusiasm surrounding this foundation suggests that it resonates well with local residents who appreciate its contributions. The positive sentiment indicates that the foundation's efforts are valued and recognized in fostering community development and support.
Overall, it appears that Bowling Green Community Foundation has successfully established itself as a vital entity in the area, with its initiatives being well-regarded and appreciated by those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Bowling Green Community Foundation legitimate?
Bowling Green Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowling Green 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.
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Official website here: www.bgohcf.org
What is the mission statement of Bowling Green Community Foundation?
The Bowling Green Community Foundation's mission is centered around supporting local not-for-profit organizations and offering college scholarships to high school graduates from the community. This foundation serves as a catalyst for philanthropy, providing financial assistance to various local charities and aiding deserving students in furthering their education. By offering these scholarships, the foundation enables talented individuals to pursue their academic goals, potentially contributing positively to their communities in the future. The foundation's activities include grant distribution to local organizations and scholarship provision, thereby fostering community development and educational advancement.
Official website here: www.bgohcf.org
Who is the CEO of Bowling Green Community Foundation?
Randall J Roberts is the Trustee of Bowling Green Community Foundation.
Official website here: www.bgohcf.org
What is the revenue of Bowling Green Community Foundation?
Bowling Green Community Foundation's revenue in 2022 was $929,894.
Official website here: www.bgohcf.org
Who are the executives of Bowling Green Community Foundation and what are their salaries?
Here are 24 key members and their salaries:
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Official website here: www.bgohcf.org
Where can I find the form 990 for Bowling Green Community Foundation?
Bowling Green Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bgohcf.org
Learn more at the official website: www.bgohcf.org
Mission Statement of Bowling Green Community Foundation
The Bowling Green Community Foundation is committed to supporting local not-for-profit organizations and providing educational opportunities for high school graduates in the form of college scholarships. This community-based organization works tirelessly to contribute cash grants to various local charities, aiming to enhance the overall well-being and development of the community. Additionally, the foundation plays a significant role in awarding college scholarships to deserving high school graduates, thereby empowering them to pursue higher education and contribute positively to society.
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Impact
October, 2024
Bowling Green Community Foundation significantly enhances the local community by providing vital financial support to not-for-profit organizations and fostering educational opportunities for high school graduates. In a recent initiative, the foundation awarded cash grants to 19 local not-for-profits, empowering them to continue their essential services and initiatives within Bowling Green. Additionally, the foundation facilitated college scholarships for 5 local high school graduates, promoting higher education and supporting the ambitions of young people in the area. Through these efforts, Bowling Green Community Foundation plays a crucial role in strengthening the fabric of the community, encouraging philanthropy, and investing in the future of its residents.
This information is meant to be a general summary of Bowling Green 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: $231,095
- Gross Receipts: $935,359
Assets and Liabilities:
- Total Assets: $8,764,497
- Total Liabilities: $0
- Net Assets: $8,764,497
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Organization Details
Founding Year
1994
Phone
(419) 352-0281Principal Officer
Randall J Roberts
Main Address
PO Box 1175, Bowling Green, OH, 43402
Website
www.bgohcf.orgNTEE Category
Code: T310 - Philanthropy
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