Overview
What is Community Foundation Of Howard County?
The Community Foundation of Howard County is a nonprofit organization, situated in Kokomo, Indiana, specifically at 215 W Sycamore St. Their primary mission is to facilitate connections between individuals, resources, and causes, ultimately aiming to foster positive and sustainable change within the communities they serve. A significant part of their work involves managing endowments and distributing grants. One of their key initiatives is providing financial support to students from Howard, Clinton, and Carroll counties, who pursue higher education at accredited institutions. With a team of ten dedicated individuals, the Community Foundation of Howard County plays a pivotal role in strengthening their local community.
Official website here: www.cfhoward.org
What are the reviews and ratings of this charity?
**Community Foundation Of Howard County - Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
The Community Foundation of Howard County receives a commendable Four-Star rating from Charity Navigator, reflecting exceptional performance in accountability and finance. This high score signifies a robust and transparent organization, with a focus on responsible governance as evidenced by their fully independent board and thorough financial oversight mechanisms. Notably, there have been no material diversions of assets, which reinforces the foundation's commitment to ethical practices.
The foundation’s strengths are highlighted in their operational efficiency, with a program expense ratio of nearly 90%, indicating that a significant majority of funds is directly allocated to programs. Their fundraising efficiency marks an impressive ratio, showcasing minimal costs associated with fundraising efforts. Furthermore, the organization has demonstrated a commitment to equity, with the implementation of multiple practices aimed at promoting inclusive community engagement and comprehensive feedback collection.
Unfortunately, there are no user reviews available from GreatNonprofits, which limits the insight into individual experiences and perceptions from the community served. Overall, the Community Foundation of Howard County stands out as a reliable nonprofit with strong governance and community engagement practices.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Howard County legitimate?
Community Foundation Of Howard County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Howard County 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: $213,015
Professional Fundraising Fees: $0
Other Salaries and Wages: $362,703
For more financial information, click here
Official website here: www.cfhoward.org
What is the mission statement of Community Foundation Of Howard County?
The Community Foundation of Howard County's mission is centered around connecting people, resources, and causes to bring about a positive and enduring change in the communities it serves. This organization manages endowments and distributes grants to achieve this goal. One of its key activities is providing scholarships to students from Howard, Clinton, and Carroll counties who are pursuing higher education at accredited institutions. The foundation aims to contribute to the betterment of its communities in a sustainable manner.
Official website here: www.cfhoward.org
What is the revenue of Community Foundation Of Howard County?
Community Foundation Of Howard County's revenue in 2023 was $6,307,635.
Official website here: www.cfhoward.org
Who are the executives of Community Foundation Of Howard County and what are their salaries?
The average compensation at Community Foundation Of Howard County during 2023 was $52,338. There are 11 employees and 135 volunteers at Community Foundation Of Howard County.
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- Other: $9,864
Official website here: www.cfhoward.org
Where can I find the form 990 for Community Foundation Of Howard County?
Community Foundation Of Howard County's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfhoward.org
Learn more at the official website: www.cfhoward.org
Mission Statement of Community Foundation Of Howard County
The Community Foundation of Howard County, an organization dedicated to making a positive and sustainable change in the communities it serves, is committed to linking people and resources with various causes. Its mission, in essence, is to foster connections that lead to substantive improvements in the communities it caters to. The foundation achieves this by managing endowments and dispensing grants, thereby supporting initiatives that align with its vision.
One of the primary ways in which the Community Foundation of Howard County fulfills its mission is by providing scholarships to students hailing from Howard, Clinton, and Carroll counties. These students are pursuing post-high school education at accredited educational institutions. By offering financial assistance, the foundation enables these students to pursue their academic goals, thereby potentially contributing positively to their communities in the future. This scholarship program is a testament to the foundation's commitment to empowering individuals and fostering growth in the communities it serves.
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Impact
October, 2024
The Community Foundation of Howard County plays a vital role in fostering positive and sustainable change in the local community. By managing endowments and distributing grants, it provides essential scholarships to students from Howard, Clinton, and Carroll Counties, enabling them to pursue higher education at accredited institutions. This financial support empowers young individuals to achieve their academic goals, enriches the local workforce, and strengthens the overall community. Through its mission of connecting people, resources, and causes, the foundation not only enhances educational opportunities but also promotes philanthropy, fostering a culture of giving and community engagement that benefits everyone in the area.
This information is meant to be a general summary of Community Foundation Of Howard County. 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: $3,889,025
- Gross Receipts: $19,359,126
Assets and Liabilities:
- Total Assets: $103,058,908
- Total Liabilities: $3,738,494
- Net Assets: $99,320,414
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Organization Details
Founding Year
1991
Principal Officer
Todd Moser
Website
www.cfhoward.orgNTEE Category
Code: T31 - Philanthropy
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