Overview
What is Adams County Community Foundation Inc?
Adams County Community Foundation Inc is a nonprofit organization established in Decatur, Indiana, with a specific focus on providing grants and scholarships. They support community charitable organizations that serve the residents of Adams County, Indiana. This philanthropic work is made possible through designated and scholarship funds within the foundation. Their mission is to foster partnerships between donors and the community, ultimately enriching and enhancing the quality of life in Adams County. With a small team of four employees, they strive to make a significant impact in their local community.
Official website here: www.adamscountyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Adams County Community Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score reflects the foundation's strong governance, with a fully independent board of directors and robust oversight measures in place. The charity's commitment to transparency is evidenced by its comprehensive conflict of interest and whistleblower policies, as well as detailed board meeting minutes.
The foundation demonstrates excellent financial management, with a low liability-to-assets ratio and a significant portion of expenses directed toward programs. Specifically, 68.93% of expenditures are allocated to program services, which is commendable. Additionally, the organization exhibits exceptional fundraising efficiency, raising considerable funds relative to its costs.
While the foundation's performance is commendable, continued vigilance in maintaining these high standards will be essential to uphold donor trust and support. Overall, the Adams County Community Foundation Inc stands out as a well-managed nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Adams County Community Foundation Inc legitimate?
Adams County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adams 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: $95,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,166
For more financial information, click here
Official website here: www.adamscountyfoundation.org
What is the mission statement of Adams County Community Foundation Inc?
The Adams County Community Foundation Inc's mission is centered around establishing partnerships between donors and the local community. Their primary goal is to enrich and enhance the quality of life for individuals living in Adams County, Indiana. They accomplish this by providing grants to charitable organizations serving the community's residents and offering scholarships to college-bound students from Adams County. These initiatives are supported by designated and scholarship funds within the Adams County Community Foundation.
Official website here: www.adamscountyfoundation.org
Who is the CEO of Adams County Community Foundation Inc?
Coni Mayer is the President of Adams County Community Foundation Inc.
Official website here: www.adamscountyfoundation.org
What is the revenue of Adams County Community Foundation Inc?
Adams County Community Foundation Inc's revenue in 2022 was $2,981,888.
Official website here: www.adamscountyfoundation.org
Who are the executives of Adams County Community Foundation Inc and what are their salaries?
The average compensation at Adams County Community Foundation Inc during 2022 was $40,994. There are 4 employees and 100 volunteers at Adams County Community Foundation Inc.
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Official website here: www.adamscountyfoundation.org
Where can I find the form 990 for Adams County Community Foundation Inc?
Adams County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adamscountyfoundation.org
Learn more at the official website: www.adamscountyfoundation.org
Mission Statement of Adams County Community Foundation Inc
Adams County Community Foundation Inc, as a mission-driven organization, strives to foster connections between philanthropists and the community. Their primary objective is to enhance and enrich the lives of residents in Adams County, Indiana, by providing financial support. They accomplish this through grant distributions to local charitable organizations and scholarships for college-bound students from Adams County. This mission is backed by designated and scholarship funds managed within the Adams County Community Foundation, demonstrating their commitment to uplifting the community and investing in its future generations.
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Impact
October, 2024
Adams County Community Foundation Inc significantly enhances the quality of life in Adams County, Indiana, by building meaningful partnerships between donors and local community initiatives. Through strategic grants, it supports charitable organizations that serve the residents of Adams County, empowering them to address various local needs, such as health, education, and community development.
Additionally, the foundation facilitates scholarships for college-bound students, investing in the future of its youth and encouraging higher education. By managing designated and scholarship funds, it ensures that both immediate community projects and long-term educational goals are met, ultimately enriching the lives of individuals and the community as a whole. The foundation's efforts foster a culture of philanthropy, inspiring donors to contribute toward impactful change and strengthening the community's social fabric.
This information is meant to be a general summary of Adams 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: $854,828
- Program Service Revenue: $197,684
- Gross Receipts: $9,613,171
Assets and Liabilities:
- Total Assets: $21,611,000
- Total Liabilities: $186,648
- Net Assets: $21,424,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$197,684
Organization Details
Founding Year
1991
Phone
(260) 724-3939Principal Officer
Coni Mayer
Main Address
102 N 2ND ST, DECATUR, IN, 467331609
NTEE Category
Code: T31 - Philanthropy
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