Overview
What is Noble County Community Foundation Inc?
Noble County Community Foundation Inc is a nonprofit organization based in Ligonier, Indiana. With a team of eight dedicated professionals, its primary mission is to enhance the quality of life in Noble County by serving as a catalyst for positive change and enabling donors to carry out their charitable intentions. The foundation achieves this by making grants primarily to 501(c)(3) organizations, schools, and governmental entities. These grants, totaling approximately 100, are used for various purposes, such as food pantries, homeless shelters, school programs, physical fitness initiatives, victim aid, reading programs, animal shelters, disaster relief, and more. The grant recipients, mainly from Noble County, benefit from these initiatives, which focus on improving community welfare in various sectors. The foundation also manages donor-advised and designated grants, ensuring that the funds are allocated to worthy causes in accordance with the donors' intentions.
Official website here: www.cfnoble.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star Rating
The Noble County Community Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial management. With a score of 95%, this charity demonstrates strong governance practices, including a fully independent board, comprehensive financial oversight, and transparent policies regarding conflict of interest and whistleblower protections.
The foundation's financial practices show a healthy balance, with no material diversion of assets and a favorable liabilities to assets ratio of 16.98%. However, its program expense ratio is at 62.45%, which may indicate room for improvement in directing more funds towards its programs and initiatives. Despite this, the organization excels in fundraising efficiency, boasting a cost of only $0.04 to raise each dollar.
Overall, the Noble County Community Foundation Inc illustrates a solid commitment to accountability and transparency, making it a trustworthy option for potential donors looking to support a reputable nonprofit organization. The high scores in various governance aspects highlight its dedication to responsible stewardship of funds, although there is potential for increasing program expenditures.
This AI summary has been generated from information found on Charity Navigator.
Is Noble County Community Foundation Inc legitimate?
Noble County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noble 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: $64,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,728
For more financial information, click here
Official website here: www.cfnoble.org
What is the mission statement of Noble County Community Foundation Inc?
The Noble County Community Foundation Inc's mission is centered around improving the quality of life in the community. They serve as a catalyst for positive change, enabling donors to carry out their charitable intentions, and make grants accordingly. The primary recipients of these grants are 501(C)(3) organizations, schools, and governmental entities, often for initiatives such as food pantries, homeless shelters, school programs, and disaster relief. The foundation ensures that the objectives of the granted funds are met before closing the grants, primarily benefiting the residents of Noble County. Additionally, they manage donor-advised grants to support 501(C)(3) organizations or charitable projects.
Official website here: www.cfnoble.org
Who is the CEO of Noble County Community Foundation Inc?
Frank Tijerina is the President of Noble County Community Foundation Inc.
Official website here: www.cfnoble.org
What is the revenue of Noble County Community Foundation Inc?
Noble County Community Foundation Inc's revenue in 2022 was $2,962,093.
Official website here: www.cfnoble.org
Who are the executives of Noble County Community Foundation Inc and what are their salaries?
The average compensation at Noble County Community Foundation Inc during 2022 was $27,318. There are 8 employees and 50 volunteers at Noble County Community Foundation Inc.
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Official website here: www.cfnoble.org
Where can I find the form 990 for Noble County Community Foundation Inc?
Noble County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfnoble.org
Learn more at the official website: www.cfnoble.org
Mission Statement of Noble County Community Foundation Inc
Noble County Community Foundation Inc is dedicated to enhancing the quality of life in the community by acting as a catalyst for positive change. It achieves this mission by enabling donors to carry out their charitable intentions and making grants to various organizations. The foundation primarily provides grants to 501(c)(3) organizations, schools, and governmental bodies for a wide range of initiatives. These projects can include but are not limited to food pantries, homeless shelters, educational programs, physical fitness programs, victim aid, reading programs, animal shelters, disaster relief, and numerous others. In total, around 100 grants are distributed annually.
The foundation meticulously evaluates these grants before their closure, ensuring that all objectives and goals, as outlined in the grant proposals or fund agreements, have been achieved. The majority of grant recipients are organizations based within Noble County or projects that directly benefit Noble County residents. Additionally, the foundation offers donor-advised and designated grants, which must be awarded to 501(c)(3) organizations or charitable projects. Through these grants, Noble County Community Foundation Inc plays a pivotal role in improving the lives of its community members by addressing various societal needs.
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Impact
October, 2024
The Noble County Community Foundation Inc plays a vital role in enhancing the quality of life in Noble County by acting as a catalyst for positive change. By empowering donors to fulfill their charitable intentions, the foundation facilitates a wide array of impactful initiatives through its grant-making process.
Over the years, the foundation has awarded approximately 100 grants to various organizations, primarily targeting 501(c)(3) nonprofits, schools, and governmental entities. These grants support essential services such as food pantries, homeless shelters, school programs, physical fitness initiatives, victim aid, reading programs, animal shelters, and disaster relief efforts, among others.
The foundation ensures that the grants are carefully evaluated before completion to confirm that all goals and objectives have been met in accordance with the proposals or funding agreements. Typically, the beneficiaries of these grants are organizations focused on serving the residents of Noble County, fostering community development and resilience.
By channeling resources where they are most needed, the Noble County Community Foundation Inc significantly contributes to the overall welfare and improvement of the community, addressing a diverse range of challenges and enhancing support for those in need.
This information is meant to be a general summary of Noble 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 2022.
- Investment Income: $1,157,795
- Program Service Revenue: $429,451
- Gross Receipts: $17,247,882
Assets and Liabilities:
- Total Assets: $33,904,166
- Total Liabilities: $5,758,886
- Net Assets: $28,145,280
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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
$429,451
Organization Details
Founding Year
1991
Phone
(260) 894-3335Principal Officer
Frank Tijerina
Main Address
103 W 3RD ST, LIGONIER, IN, 467671903
Website
www.cfnoble.orgNTEE Category
Code: T31Z - Philanthropy
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