Overview
What is Montgomery County Community Foundation Inc?
Montgomery County Community Foundation Inc, located in Crawfordsville, Indiana, serves as a philanthropic organization with a mission to support the community's needs and various organizations. With a team of 11 dedicated individuals, the foundation manages donations and distributes them to a range of organizations within Montgomery County. Their primary goal is to foster and promote public, charitable, arts, culture, and educational activities by administering funds for grants. The foundation actively contributes to the community's well-being, helping to meet essential needs and drive growth in various sectors.
Official website here: www.mccf-in.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
Montgomery County Community Foundation Inc has achieved a high score of 97% on Charity Navigator, indicating strong accountability and financial management. The organization is recognized for its transparency, with a fully independent board and robust financial oversight practices. The charity showcases excellent fiscal health, with a low liability-to-assets ratio and significant program expense ratios, demonstrating a commitment to utilizing funds effectively for its mission.
The foundation has been praised for its comprehensive governance policies, including conflict of interest and whistleblower policies, which are essential for maintaining integrity and trust. Additionally, the organization's fundraising efficiency is noteworthy, with only $0.05 spent to raise a dollar, highlighting its ability to maximize donor contributions.
While the data is overwhelmingly positive, it's important for potential donors to consider the scope of the foundation's programs and initiatives. However, the current financial indicators suggest that it is well-positioned to continue its impactful work in the community. Overall, Montgomery County Community Foundation Inc exemplifies strong nonprofit practices and a commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery County Community Foundation Inc legitimate?
Montgomery County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery 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: $116,511
Professional Fundraising Fees: $0
Other Salaries and Wages: $294,472
For more financial information, click here
Official website here: www.mccf-in.org
What is the mission statement of Montgomery County Community Foundation Inc?
The Montgomery County Community Foundation Inc's mission is to oversee funds and provide grants to various organizations within the Montgomery County community. Their objective is to support and encourage public, charitable, arts, culture, and educational activities. The foundation plays a role in fostering and promoting these activities, aiming to meet the needs of local citizens and organizations by soliciting, managing, and distributing donations.
Official website here: www.mccf-in.org
Who is the CEO of Montgomery County Community Foundation Inc?
Jim Mcbee is the President of Montgomery County Community Foundation Inc. The CEO's salary of Montgomery County Community Foundation Inc is $116,511 and their total compensation is $116,511.
Official website here: www.mccf-in.org
What is the revenue of Montgomery County Community Foundation Inc?
Montgomery County Community Foundation Inc's revenue in 2022 was $6,103,160.
Official website here: www.mccf-in.org
Who are the executives of Montgomery County Community Foundation Inc and what are their salaries?
The average compensation at Montgomery County Community Foundation Inc during 2022 was $37,362. There are 11 employees and 50 volunteers at Montgomery County Community Foundation Inc.
Here are 13 key members and their salaries (Montgomery County Community Foundation Inc's CEO's salary is $116,511 and their total compensation is $116,511):
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- Compensation: $116,511
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Official website here: www.mccf-in.org
Where can I find the form 990 for Montgomery County Community Foundation Inc?
Montgomery County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mccf-in.org
Learn more at the official website: www.mccf-in.org
Mission Statement of Montgomery County Community Foundation Inc
Montgomery County Community Foundation Inc is committed to fulfilling its mission by administering funds to provide grants to various organizations within the Montgomery County community. This nonprofit organization aims to foster and promote public, charitable, arts, culture, and educational activities. In doing so, Montgomery County Community Foundation Inc plays a crucial role in addressing the needs of local citizens and organizations. The foundation solicits, receives, manages, and distributes gifts to support a wide range of initiatives that align with its mission. By providing grants to various organizations, Montgomery County Community Foundation Inc contributes to the overall well-being and development of the community it serves.
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Impact
October, 2024
Montgomery County Community Foundation Inc enhances the quality of life in Crawfordsville and the surrounding areas by managing and distributing funds for meaningful projects and initiatives. By providing grants to various organizations, it fosters public and charitable activities, supports the arts and culture, and promotes educational opportunities within the community.
Through its commitment to soliciting and managing donations, the foundation addresses the diverse needs of Montgomery County citizens and organizations. Its efforts create a positive impact by encouraging community engagement and strengthening local resources, ultimately enriching the lives of those in the region.
This information is meant to be a general summary of Montgomery 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: $3,230,016
- Program Service Revenue: $41,908
- Gross Receipts: $12,529,051
Assets and Liabilities:
- Total Assets: $60,560,134
- Total Liabilities: $2,767,890
- Net Assets: $57,792,244
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$41,908
Organization Details
Founding Year
1991
Phone
(765) 362-1267Principal Officer
Jim Mcbee
Main Address
119 E MAIN ST, CRAWFORDSVILLE, IN, 47933
Website
www.mccf-in.orgNTEE Category
Code: T31 - Philanthropy
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