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Community Foundation Partnership Inc

Lawrence Martin Co Comm Foundations

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351889139 ✦ Bedford, IN ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Partnership Inc?

Community Foundation Partnership Inc, operating under the name Lawrence Martin Co Com Foundations, is a nonprofit organization based in Bedford, Indiana. Their primary mission is to serve the philanthropic aspirations of donors by providing flexible and tax-efficient means to contribute to community betterment, both presently and in the future. They aim to enhance the quality of life in Lawrence and Martin Counties by fostering philanthropic leadership and building endowments that enable donors to make long-lasting investments. The organization supports various 501(c)3 entities by offering scholarships for students and funding project and program grants. With a team of five dedicated individuals, Community Foundation Partnership Inc plays a crucial role in shaping the future of these counties through charitable giving.


Official website here: www.cfpartner.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 97% - Four-Star out of Four Star rating

The Community Foundation Partnership Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The rating is derived from a complete focus on accountability and finance, with perfect scores in areas such as board independence, financial oversight, and a commendable program expense ratio of 93.64%. This emphasizes the organization's commitment to transparency and effective fund management.

User feedback across various platforms like GreatNonprofits showcases a highly positive sentiment towards the Community Foundation. Many community members have expressed gratitude for the foundation's impact on educational opportunities, local projects, and support for underserved populations. The foundation's efforts in providing scholarships and grants have significantly contributed to the academic and societal growth in Martin County, making it a vital resource for residents.

Some reviews mention the foundation's role in promoting charitable giving and its effectiveness in distributing grants to various local initiatives. However, while most feedback is overwhelmingly positive, a few users noted occasional limitations in communication or administrative processes, indicating an area for potential improvement in stakeholder engagement. Overall, the Community Foundation Partnership Inc is viewed as an invaluable asset to the Martin County community, dedicated to fostering growth and opportunity.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Community Foundation Partnership Inc legitimate?

Community Foundation Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Partnership 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: $110,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $202,726

For more financial information, click here


Official website here: www.cfpartner.org

What is the mission statement of Community Foundation Partnership Inc?

Community Foundation Partnership Inc's mission is to enhance the quality of life by offering philanthropic leadership and establishing permanent endowments. This allows donors to make lasting investments in their communities, both now and in the future. The organization's central purpose is to cater to the needs and charitable aspirations of donors, providing them with efficient and tax-effective methods to ensure their philanthropic contributions have the maximum impact. Community Foundation Partnership Inc fulfills this mission by offering scholarships for students, granting project awards, and dispensing program grants to various 501(c)3 entities.


Official website here: www.cfpartner.org

Who is the CEO of Community Foundation Partnership Inc?

Esperanza Flores is the Ceo of Community Foundation Partnership Inc. The CEO's salary of Community Foundation Partnership Inc is $107,016 and their total compensation is $110,294.


Official website here: www.cfpartner.org

What is the revenue of Community Foundation Partnership Inc?

Community Foundation Partnership Inc's revenue in 2022 was $3,170,654.


Official website here: www.cfpartner.org

Who are the executives of Community Foundation Partnership Inc and what are their salaries?

The average compensation at Community Foundation Partnership Inc during 2022 was $62,604. There are 5 employees and 85 volunteers at Community Foundation Partnership Inc.


Here are 8 key members and their salaries (Community Foundation Partnership Inc's CEO's salary is $107,016 and their total compensation is $110,294):


Esperanza Flores (Ceo)
  • Compensation: $107,016
  • Related: $0
  • Other: $3,278
Annie Bullock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shea Hooten (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Lagree (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Maudlin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Ringwald (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Risacher (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garry Smith (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cfpartner.org

Where can I find the form 990 for Community Foundation Partnership Inc?

Community Foundation Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfpartner.org

Learn more at the official website: www.cfpartner.org

Mission Statement of Community Foundation Partnership Inc

Community Foundation Partnership Inc, a philanthropic organization, is dedicated to enhancing the quality of life in its community. To achieve this goal, the foundation provides philanthropic leadership and constructs endowments that allow donors to make lasting investments. These endowments serve as a means for donors to contribute to their community's betterment, both in the present and for future generations. By offering flexible, efficient, and tax-advantaged giving options, Community Foundation Partnership Inc ensures that charitable contributions yield the greatest possible impact. In addition to this, the foundation awards scholarships to students and grants to various 501(c)3 entities, contributing to various community initiatives and educational programs.

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Impact




October, 2024

Community Foundation Partnership Inc significantly enhances the quality of life in Lawrence and Martin Counties by providing philanthropic leadership and establishing permanent endowments. This organization empowers donors to make lasting investments in their communities through flexible, efficient, and tax-effective charitable giving options.

By facilitating scholarships for students, Community Foundation Partnership Inc opens doors to educational opportunities, fostering the development of a skilled workforce. Additionally, through project and program grants awarded to various 501(c)(3) entities, the foundation supports a diverse range of initiatives that address community needs and drive positive change.

Through its efforts, the organization not only addresses immediate needs but also creates a sustainable model for future philanthropic endeavors, ensuring that the benefits extend for generations to come. In doing so, it cultivates a culture of giving and engagement among donors and the broader community, ultimately enriching lives and strengthening the fabric of Lawrence and Martin Counties.




This information is meant to be a general summary of Community Foundation Partnership 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.

Revenue
$3,170,654 (2022)
Expenses
$2,310,506 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,087,045
  • Program Service Revenue: $473,955
  • Gross Receipts: $3,170,654

Assets and Liabilities:

  • Total Assets: $26,878,351
  • Total Liabilities: $436,971
  • Net Assets: $26,441,380

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$382,343

OTHER

Revenue

$91,612

Organization Details

Founding Year

1993

Principal Officer

Esperanza Flores

Main Address

PO BOX 1235, BEDFORD, IN, 47421

NTEE Category

Code: T31 - Philanthropy

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