Overview
What is Steuben County Community Foundation?
The Steuben County Community Foundation is a local nonprofit organization based in Angola, Indiana. With a team of eight dedicated individuals, they aim to improve the quality of life in Steuben County by connecting caring individuals with community needs through endowment fund building and grantmaking. Their mission is to make a difference in the community by allocating resources from established funds to charitable causes that resonate with the people of Steuben County.
Official website here: www.steubenfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Steuben County Community Foundation has achieved an impressive 97% score on Charity Navigator, indicating a high level of accountability and financial health. The foundation's strong rating is predominantly attributed to its excellent performance in the Accountability & Finance category, which reflects solid governance practices and financial management.
Strengths of the organization include a fully independent board of directors and strong oversight mechanisms, all contributing to its high scores in various subcategories. The foundation maintains an effective financial structure, with low liabilities relative to assets and a significant portion of its expenses dedicated to programs, demonstrating a commitment to its mission. Additionally, policies regarding conflict of interest and whistleblowing are in place, ensuring transparency and integrity.
However, one area of concern identified is the fundraising efficiency ratio, which is lower than optimal. While the foundation manages its resources well overall, the cost-effectiveness of its fundraising efforts could be improved. This aspect, while not detrimental to the overall rating, may merit attention to enhance its fundraising strategy in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Steuben County Community Foundation legitimate?
Steuben County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steuben County Community Foundation 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: $108,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,589
For more financial information, click here
Official website here: www.steubenfoundation.org
What is the mission statement of Steuben County Community Foundation?
The Steuben County Community Foundation enhances the livability of the community by bridging the gap between compassionate individuals and pressing social needs. Through the construction of endowment funds and grantmaking, this organization plays a significant role in enriching the lives of Steuben County residents. By connecting caring contributors with impactful causes, the Steuben County Community Foundation makes a tangible difference in the community. The foundation's grant disbursements, sourced from the endowments established by local donors, contribute to a diverse range of charitable initiatives aimed at improving the local community's overall quality of life.
Official website here: www.steubenfoundation.org
Who is the CEO of Steuben County Community Foundation?
Jennifer Danic is the President & of Steuben County Community Foundation.
Official website here: www.steubenfoundation.org
What is the revenue of Steuben County Community Foundation?
Steuben County Community Foundation's revenue in 2023 was $16,593,805.
Official website here: www.steubenfoundation.org
Who are the executives of Steuben County Community Foundation and what are their salaries?
The average compensation at Steuben County Community Foundation during 2023 was $37,011. There are 8 employees and 82 volunteers at Steuben County Community Foundation.
Here are 13 key members and their salaries:
- Compensation: $103,441
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- Other: $3,103
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- Other: $0
Official website here: www.steubenfoundation.org
Where can I find the form 990 for Steuben County Community Foundation?
Steuben County Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.steubenfoundation.org
Learn more at the official website: www.steubenfoundation.org
Mission Statement of Steuben County Community Foundation
The Steuben County Community Foundation enhances the livability of the Steuben County community by linking compassionate individuals with pressing community needs through the creation and dispensation of endowment funds. This nonprofit organization plays a significant role in connecting benevolent people with worthy causes, thereby contributing to the betterment of the community as a whole.
By building and managing endowment funds, the Steuben County Community Foundation serves as a bridge, channeling the caring hearts of donors towards initiatives that make a lasting impact on the local community. As a result, the organization consistently awards grants to a range of charitable causes that strive to elevate the quality of life for the residents of Steuben County.
With a deep commitment to the community, the Steuben County Community Foundation fuels the growth and vitality of various charitable initiatives, fostering a healthier, more inclusive, and thriving community for all.
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Impact
October, 2024
The Steuben County Community Foundation significantly enhances the quality of life in Steuben County by connecting compassionate individuals with vital community needs. Through the establishment of endowment funds, it facilitates impactful grantmaking to charitable causes, addressing diverse issues that matter to local residents. By fostering a culture of philanthropy, the foundation not only supports immediate needs but also builds a sustainable future for the community. Its efforts empower donors to make meaningful contributions, ensuring lasting benefits for all.
This information is meant to be a general summary of Steuben County Community Foundation. 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: $858,030
- Program Service Revenue: $23,159
- Gross Receipts: $29,405,249
Assets and Liabilities:
- Total Assets: $49,322,857
- Total Liabilities: $3,138,624
- Net Assets: $46,184,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$23,159
Organization Details
Founding Year
1991
Phone
(260) 665-6656Principal Officer
Jennifer Danic
Main Address
1701 N WAYNE ST, ANGOLA, IN, 46703
Website
www.steubenfoundation.orgNTEE Category
Code: T31Z - Philanthropy
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