Overview
What is Jennings County Community Foundation Inc?
Jennings County Community Foundation Inc, situated in North Vernon, Indiana, is a dedicated nonprofit organization. Its primary mission is to cater to philanthropic and charitable needs within Jennings County. The foundation provides various services, including endowment management, grantmaking, scholarship opportunities, and donor estate and planned gift services. These offerings are extended to both individuals and qualified organizations operating within the county. The organization's goal is to enhance the community by supporting initiatives that align with its philanthropic values and charitable objectives. With a small team of 5 employees, Jennings County Community Foundation Inc works tirelessly to improve the well-being of its local community.
Official website here: www.jenningsfoundation.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Jennings County Community Foundation Inc. has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive 97% score in this category, the foundation demonstrates rigorous financial management and transparency, including 100% independent board members and no material diversion of assets. The organization also meets essential governance standards, such as maintaining a conflict of interest policy and documented board meeting minutes.
Additionally, the foundation's program expense ratio of 74.40% indicates a robust commitment to its programs and services, utilizing a significant portion of its expenditures directly on charitable activities. However, its Culture & Community score of 79 suggests there may be areas for improvement in fostering community engagement and inclusivity.
Overall, Jennings County Community Foundation Inc. exhibits a strong commitment to accountability and effective financial management, making it a reliable choice for potential donors. The organization could benefit from enhancing its community culture strategies to further solidify its impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Jennings County Community Foundation Inc legitimate?
Jennings County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jennings 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: $51,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,733
For more financial information, click here
Official website here: www.jenningsfoundation.net
What is the mission statement of Jennings County Community Foundation Inc?
The Jennings County Community Foundation Inc's mission is centered around serving philanthropic and charitable needs within the community. The organization provides various services, such as endowment management, grantmaking, scholarships, donor estate, and planned gift services, to both individuals and qualified organizations operating within Jennings County. Their goal is to support and address the charitable needs of their community in a comprehensive manner.
Official website here: www.jenningsfoundation.net
Who is the CEO of Jennings County Community Foundation Inc?
Jessi Yarbrough is the Board Member of Jennings County Community Foundation Inc.
Official website here: www.jenningsfoundation.net
What is the revenue of Jennings County Community Foundation Inc?
Jennings County Community Foundation Inc's revenue in 2022 was $484,220.
Official website here: www.jenningsfoundation.net
Who are the executives of Jennings County Community Foundation Inc and what are their salaries?
The average compensation at Jennings County Community Foundation Inc during 2022 was $22,500. There are 5 employees and 35 volunteers at Jennings County Community Foundation Inc.
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- Compensation: $51,768
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- Other: $1,196
Official website here: www.jenningsfoundation.net
Where can I find the form 990 for Jennings County Community Foundation Inc?
Jennings County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jenningsfoundation.net
Learn more at the official website: www.jenningsfoundation.net
Mission Statement of Jennings County Community Foundation Inc
The Jennings County Community Foundation Inc is devoted to addressing philanthropic and charitable requirements within Jennings County, Indiana. This organization offers a variety of services to meet these needs, including endowment services, grantmaking, scholarships, donor estate planning, and planned gifts. By providing these services to both individuals and qualified organizations serving Jennings County, the foundation aims to contribute to the betterment of the community. The organization's mission is to serve as a catalyst for change and improvement in Jennings County, leveraging its resources to support initiatives that align with its mission and benefit the community as a whole.
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Impact
July, 2024
Jennings County Community Foundation Inc plays a pivotal role in addressing philanthropic and charitable needs in Jennings County, Indiana. This organization offers essential services such as endowment management, grant distribution, scholarship programs, and assistance with donor estate planning. Through these initiatives, the foundation positively impacts individuals and qualified organizations within Jennings County, fostering a culture of giving and support within the community.
This information is meant to be a general summary of Jennings 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: $131,648
- Gross Receipts: $4,259,607
Assets and Liabilities:
- Total Assets: $6,711,033
- Total Liabilities: $2,775
- Net Assets: $6,708,258
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Organization Details
Founding Year
1994
Phone
(812) 346-5553Principal Officer
Jessi Yarbrough
Main Address
111 NORTH STATE STREET, NORTH VERNON, IN, 47265
Website
www.jenningsfoundation.netNTEE Category
Code: T31 - Philanthropy
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