Overview
What is The Community Foundation Of Muncie And Delaware County Inc?
The Community Foundation of Muncie and Delaware County Inc, situated in Muncie, Indiana, serves as a catalyst for philanthropy. It aids in the creation of an enduring source of charitable assets, offering assistance to donors in their philanthropic endeavors. The foundation's primary mission is to improve the quality of life for Muncie and Delaware County residents by directing resources towards various community projects and programs. Specifically, it supports educational opportunities, granting for preschool programming, scholarship programs, mentoring initiatives for high school students to facilitate higher education, and providing essential resources for classrooms in the community. The foundation awarded 118 grants during its operation, demonstrating its commitment to enhancing the educational landscape of the region. With a dedicated workforce of 13 individuals, the Community Foundation of Muncie and Delaware County Inc plays a pivotal role in the community's growth and development.
Official website here: www.cfmdin.org
What are the reviews and ratings of this charity?
The Community Foundation of Muncie and Delaware County Inc holds an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a perfect score of 100% in Accountability & Finance. This high rating indicates a strong commitment to transparency and responsible management of funds, with an entirely independent board and effective oversight mechanisms. Notably, the organization demonstrates exceptional financial health, boasting a low liabilities-to-assets ratio and a significant percentage of its expenses directly supporting programs.
Key strengths highlighted in the rating include a robust financial structure, with efficient fundraising practices and a solid working capital that provides stability for future initiatives. The presence of comprehensive policies regarding conflict of interest, whistleblower protection, and document retention further emphasizes the organization's dedication to maintaining integrity and accountability in its operations.
Unfortunately, no user reviews from GreatNonprofits were available at this time to provide additional insights into community perceptions or experiences associated with the foundation. However, the overall rating suggests a strong reputation within the nonprofit sector, indicative of effective leadership and a commitment to community support.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation Of Muncie And Delaware County Inc legitimate?
The Community Foundation Of Muncie And Delaware County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of Muncie And Delaware County 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: $121,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,411
For more financial information, click here
Official website here: www.cfmdin.org
What is the mission statement of The Community Foundation Of Muncie And Delaware County Inc?
The Community Foundation of Muncie and Delaware County encourages philanthropy and assists donors in establishing a lasting source of charitable assets. They demonstrate leadership by directing resources towards enhancing the quality of life for the community's residents. Their activities primarily focus on supporting organizations, projects, and programs that promote educational opportunities within the community. This includes scholarship programs, preschool programming, mentoring for high school students, and providing equipment and supplies for classrooms. Their goal is to contribute to the community's growth and development by utilizing philanthropic resources effectively.
Official website here: www.cfmdin.org
Who is the CEO of The Community Foundation Of Muncie And Delaware County Inc?
Trent Dowling is the Chair of The Community Foundation Of Muncie And Delaware County Inc.
Official website here: www.cfmdin.org
What is the revenue of The Community Foundation Of Muncie And Delaware County Inc?
The Community Foundation Of Muncie And Delaware County Inc's revenue in 2022 was $10,919,277.
Official website here: www.cfmdin.org
Who are the executives of The Community Foundation Of Muncie And Delaware County Inc and what are their salaries?
The average compensation at The Community Foundation Of Muncie And Delaware County Inc during 2022 was $31,444. There are 13 employees and 65 volunteers at The Community Foundation Of Muncie And Delaware County Inc.
Here are 12 key members and their salaries:
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Official website here: www.cfmdin.org
Where can I find the form 990 for The Community Foundation Of Muncie And Delaware County Inc?
The Community Foundation Of Muncie And Delaware County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfmdin.org
Learn more at the official website: www.cfmdin.org
Mission Statement of The Community Foundation Of Muncie And Delaware County Inc
The Community Foundation of Muncie and Delaware County, Inc., serves as a catalyst for philanthropy, encouraging donors to establish a lasting source of charitable assets. This organization takes a proactive role in directing resources towards enriching the lives of the residents in Muncie and Delaware County. Their mission is multifaceted, involving encouragement of philanthropy, assisting donors in building an enduring source of charitable assets, and exercising leadership in channeling resources to uplift the community's quality of life.
In essence, The Community Foundation of Muncie and Delaware County, Inc., acts as a bridge between philanthropists and community needs. By providing support to various organizations, projects, and programs, the foundation promotes educational opportunities within the community. This includes grant funding for preschool programming, scholarship programs, mentoring initiatives for high school students, and equipping classrooms with necessary supplies in the preschool and K-12 sectors. By investing in education, the foundation aims to empower individuals and contribute to a more prosperous community.
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Impact
October, 2024
The Community Foundation of Muncie and Delaware County Inc. plays a vital role in enhancing the quality of life for residents by fostering philanthropy and directing resources to essential community initiatives. By providing support for educational opportunities, the Foundation awards grants that invest in preschool programming, scholarship programs, and mentoring initiatives. These efforts not only assist high school students in successfully transitioning to post-secondary education but also ensure that preschool and K-12 classrooms are equipped with necessary supplies. In total, the Foundation has awarded 118 grants, significantly impacting the local educational landscape and promoting a culture of learning and growth within the community. Through its leadership, the Foundation builds a sustainable source of charitable assets, ensuring long-term benefits for Muncie and Delaware County.
This information is meant to be a general summary of The Community Foundation Of Muncie And Delaware County 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 2022.
- Investment Income: $1,779,069
- Program Service Revenue: $7,109
- Gross Receipts: $19,290,461
Assets and Liabilities:
- Total Assets: $82,817,991
- Total Liabilities: $7,584,095
- Net Assets: $75,233,896
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES, IMO
Revenue
$7,109
Organization Details
Founding Year
1985
Phone
(765) 747-7181Principal Officer
Trent Dowling
Main Address
PO BOX 807, MUNCIE, IN, 473080807
Website
www.cfmdin.orgNTEE Category
Code: T310 - Philanthropy
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