Overview
What is Blackford County Community Foundation Inc?
Blackford County Community Foundation Inc is a nonprofit organization based in Hartford City, Indiana. With a small team of five individuals, their primary mission is to gather donations from both private and public sources. These funds are then utilized for various charitable purposes, including grant distributions, scholarships, and promoting philanthropy within Blackford County, Indiana. By doing so, they aim to enhance the community's overall welfare and support various worthy causes.
Official website here: www.blackfordcofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Blackford County Community Foundation Inc has achieved a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. The rating is based entirely on their accountability metrics, emphasizing the organization’s commitment to transparency and responsible financial management. The foundation’s independent board is composed entirely of independent members, which reflects good governance practices.
The foundation demonstrates strong financial health, with an impressive program expense ratio of 83.46%, suggesting that a significant portion of their funds directly supports their charitable activities. Additionally, they have zero material diversion of assets reported, which further underscores their integrity in managing donor funds. The foundation also has comprehensive policies in place, including conflict of interest and whistleblower policies, contributing to its robust operational framework.
Despite these strengths, the summary does not highlight any particular limitations or areas of concern related to the foundation's operations or financial management. Overall, the Blackford County Community Foundation Inc stands out as a well-managed organization committed to its mission and accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Blackford County Community Foundation Inc legitimate?
Blackford County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blackford County Community 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: $65,605
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,103
For more financial information, click here
Official website here: www.blackfordcofoundation.org
What is the mission statement of Blackford County Community Foundation Inc?
The Blackford County Community Foundation Inc's mission is centered around procuring donations from both private and public sources. The primary objective is to utilize the income derived from these donations to grant funds, offer scholarships, and support various charitable endeavors. Moreover, the foundation aims to foster and enhance philanthropy within the community. By doing so, it aims to contribute positively to the local area, promoting generosity and charity among its residents.
Official website here: www.blackfordcofoundation.org
What is the revenue of Blackford County Community Foundation Inc?
Blackford County Community Foundation Inc's revenue in 2023 was $1,355,272.
Official website here: www.blackfordcofoundation.org
Who are the executives of Blackford County Community Foundation Inc and what are their salaries?
The average compensation at Blackford County Community Foundation Inc during 2023 was $43,903. There are 3 employees and 7 volunteers at Blackford County Community Foundation Inc.
Here are 8 key members and their salaries:
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- Compensation: $60,147
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- Other: $1,968
Official website here: www.blackfordcofoundation.org
Where can I find the form 990 for Blackford County Community Foundation Inc?
Blackford County Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.blackfordcofoundation.org
Learn more at the official website: www.blackfordcofoundation.org
Mission Statement of Blackford County Community Foundation Inc
Blackford County Community Foundation Inc is committed to seeking and accepting donations from both private and public sources. Their primary goal is to distribute the income derived from these donations for various charitable purposes, including scholarships. Beyond this, they strive to promote and enhance philanthropy within Blackford County, Indiana. By doing so, they aim to make a significant impact in the community, contributing to a variety of causes and supporting individuals in need.
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Impact
October, 2024
Blackford County Community Foundation Inc significantly enhances the philanthropic landscape in Blackford County, Indiana. By seeking and accepting donations from both private and public sources, the foundation effectively redirects these funds into the community through grants and scholarships. This infusion of resources supports a variety of charitable purposes, fostering educational opportunities and aiding local initiatives.
Through its commitment to promoting philanthropy, the foundation not only addresses immediate community needs but also encourages a culture of giving and civic engagement among residents. By inspiring local individuals and organizations to contribute, Blackford County Community Foundation Inc helps to build a sustainable community environment where residents feel empowered to make a positive impact. The foundation’s efforts also ensure that essential programs and services continue to thrive, thus enriching the lives of those within the community and supporting overall growth and development in the region.
This information is meant to be a general summary of Blackford County Community 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: $369,238
- Program Service Revenue: $214,176
- Gross Receipts: $2,192,002
Assets and Liabilities:
- Total Assets: $10,768,903
- Total Liabilities: $188,696
- Net Assets: $10,580,207
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE INCOME
Revenue
$214,176
Organization Details
Founding Year
1989
Principal Officer
Elizabeth Witt
NTEE Category
Code: T31 - Philanthropy
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