Overview
What is Community Foundation Of Southern Indiana Inc?
Community Foundation of Southern Indiana Inc, situated in New Albany, Indiana, is a nonprofit organization dedicated to positively impacting the community. With a team of nine individuals, it serves as a collaborative partner and resource for donors, their advisors, and local not-for-profit organizations. The foundation simplifies the giving process for donors, ensuring their individual philanthropic goals are fulfilled, while also providing stewardship for donor gifts and charitable intentions for future generations. The organization takes an active role in addressing significant community issues by funding health, education, cultural, civic, and recreational programs in Clark and Floyd counties. The Community Foundation of Southern Indiana Inc aims to build enduring charitable resources that contribute to the community's overall well-being.
Official website here: www.cfsouthernindiana.com
What are the reviews and ratings of this charity?
**Community Foundation of Southern Indiana Inc**
**Charity Navigator Rating: 86% (Three-Star out of Four Stars)**
The Community Foundation of Southern Indiana Inc has achieved an 86% rating on Charity Navigator, reflecting a strong accountability and financial performance. With an emphasis on transparency, the organization has demonstrated good governance practices, including a fully independent board and established policies to manage conflicts of interest and whistleblower protections. Notably, the foundation showcases a high program expense ratio, indicating that a significant portion of its resources is directed towards its programs.
The foundation's financial oversight appears robust, with an audit and oversight committee in place and no reported material diversions of assets. While its rating lacks scores in impact and community engagement, the governance structures in place promote trust among stakeholders. However, the absence of scoring in areas like community impact raises questions about the measurable outcomes of its initiatives.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, limiting insights into direct community experiences and sentiments related to the organization. Overall, while the financial indicators are positive, further information on its operational effectiveness and community impact would be beneficial for a more comprehensive assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Southern Indiana Inc legitimate?
Community Foundation Of Southern Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Southern Indiana 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: $325,856
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,922
For more financial information, click here
Official website here: www.cfsouthernindiana.com
What is the mission statement of Community Foundation Of Southern Indiana Inc?
The Community Foundation of Southern Indiana Inc's mission is centered around building lasting charitable resources that positively impact their community. They serve as a partner and resource for donors, their advisors, and non-profit organizations. The foundation simplifies the process for donors to achieve their individual charitable goals. Additionally, they provide stewardship of donor gifts and charitable intentions for future generations. Furthermore, the Community Foundation of Southern Indiana Inc takes on a leadership role in addressing important community issues.
Official website here: www.cfsouthernindiana.com
Who is the CEO of Community Foundation Of Southern Indiana Inc?
Linda Speed is the Board Member of Community Foundation Of Southern Indiana Inc. The CEO's salary of Community Foundation Of Southern Indiana Inc is $182,998 and their total compensation is $201,539.
Official website here: www.cfsouthernindiana.com
What is the revenue of Community Foundation Of Southern Indiana Inc?
Community Foundation Of Southern Indiana Inc's revenue in 2022 was $8,060,969.
Official website here: www.cfsouthernindiana.com
Who are the executives of Community Foundation Of Southern Indiana Inc and what are their salaries?
The average compensation at Community Foundation Of Southern Indiana Inc during 2022 was $68,086. There are 9 employees and 55 volunteers at Community Foundation Of Southern Indiana Inc.
Here are 20 key members and their salaries (Community Foundation Of Southern Indiana Inc's CEO's salary is $182,998 and their total compensation is $201,539):
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- Compensation: $182,998
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- Compensation: $102,503
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- Other: $9,120
Official website here: www.cfsouthernindiana.com
Where can I find the form 990 for Community Foundation Of Southern Indiana Inc?
Community Foundation Of Southern Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfsouthernindiana.com
Learn more at the official website: www.cfsouthernindiana.com
Mission Statement of Community Foundation Of Southern Indiana Inc
The Community Foundation of Southern Indiana Inc is committed to constructing lasting charitable resources that positively influence its community. In fulfilling this mission, the organization acts as a partner and resource for donors, their advisors, and not-for-profit organizations. It simplifies the process for donors to achieve their individual charitable goals and offers stewardship of donor gifts and charitable intentions for future generations. Furthermore, the Community Foundation of Southern Indiana Inc plays a leadership role in addressing significant community issues.
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Impact
October, 2024
Community Foundation Of Southern Indiana Inc plays a vital role in enriching the lives of individuals and families in Clark and Floyd Counties by building lasting charitable resources. It serves as a crucial partner and resource for donors and their advisors, making the process of giving back straightforward and fulfilling.
Through its commitment to stewarding donor gifts and charitable intentions, the foundation ensures that contributions have a lasting impact, benefiting future generations. By actively addressing key community issues, it fulfills a leadership role that enhances health, education, culture, civic engagement, and recreational opportunities in the region. This collaborative approach not only empowers donors to achieve their philanthropic goals but also strengthens the community as a whole, demonstrating a profound commitment to positive change.
This information is meant to be a general summary of Community Foundation Of Southern Indiana 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: $6,649,810
- Gross Receipts: $44,658,658
Assets and Liabilities:
- Total Assets: $128,848,099
- Total Liabilities: $88,405,427
- Net Assets: $40,442,672
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Organization Details
Founding Year
1991
Phone
(812) 948-4662Principal Officer
Linda Speed
Main Address
4108 CHARLESTOWN ROAD, NEW ALBANY, IN, 471509538
Website
www.cfsouthernindiana.comNTEE Category
Code: T310 - Philanthropy
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