Overview
What is Brown County Community Foundation Inc?
Brown County Community Foundation Inc is a nonprofit organization based in Nashville, Indiana, dedicated to enhancing the quality of life in the community through philanthropy. They achieve this by providing scholarship opportunities and financial aid to deserving students for higher education, as well as offering grants to local and out-of-state non-profit agencies. The foundation's scholarship program, which awarded 24 scholarships worth $45,391 in 2022, aims to support the philanthropic endeavors of its donors. The grants program, on the other hand, operates on an annual competitive cycle, providing financial assistance to improve the quality of life issues in the community. Through direct mailings, marketing, and networking, potential grantees are notified of the cycle dates. The foundation's mission is to mobilize people and resources to make a positive impact, and they strictly adhere to all HR4 requirements in their selection processes.
Official website here: www.browncountygives.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Brown County Community Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. With a score of 97%, the organization has demonstrated exceptional governance, as evidenced by its 100% independent board and robust policies such as conflict of interest and whistleblower policies, contributing positively to its overall evaluation.
The foundation has also shown remarkable financial health, with high scores in program expense ratio (88.32%) and fundraising efficiency (just $0.03 spent to raise a dollar). Additionally, the organization maintains a very low liabilities to assets ratio (6.96%), indicating sound financial practices and a stable fiscal environment.
Overall, the Brown County Community Foundation Inc stands out as a well-managed nonprofit, committed to transparency and effectiveness. There are no significant limitations noted, making it a strong candidate for support from donors and stakeholders looking for reliable charitable organizations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Brown County Community Foundation Inc?
100% of 6 reviewers on Facebook recommend the Brown County Community Foundation Inc. Here is a summary of their reviews:
The positive sentiment towards the foundation is clear, with one reviewer expressing gratitude for the organization's ongoing support for numerous initiatives within Brown County. This highlights the foundation's commitment to fostering community development and aiding a diverse array of local organizations.
Overall, the consensus reflects a strong endorsement of the foundation's efforts and impact on the community, suggesting that the nonprofit truly fulfills its mission of enhancing the quality of life in Brown County.
This AI summary has been generated from reviews found on Facebook.
Is Brown County Community Foundation Inc legitimate?
Brown County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brown 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: $87,990
Professional Fundraising Fees: $0
Other Salaries and Wages: $93,737
For more financial information, click here
Official website here: www.browncountygives.org
What is the mission statement of Brown County Community Foundation Inc?
Brown County Community Foundation Inc's mission is to enhance the quality of life of its community members through philanthropy. It achieves this by providing collaborative leadership, mobilizing resources to make a positive impact. The organization's scholarship program aims to enrich the lives of scholarship recipients through higher education opportunities, while also serving the philanthropic endeavors of donors with scholarship endowments. The foundation awards scholarships annually to deserving students, providing financial aid for college, university, or trade school education. The grants program, similar to the scholarship program, financially supports local non-profit agencies by providing annual competitive grant cycles.
The foundation's marketing and networking efforts make potential applicants aware of the selection process. A blind process is followed, with a committee rating and scoring applications based on strict criteria. The foundation's grant projects attract new endowment funds and it awards impact grants to local organizations for various projects. In 2022, several Indiana artists and arts organizations received funding from the foundation.
Official website here: www.browncountygives.org
Who is the CEO of Brown County Community Foundation Inc?
Dwight Thompson is the Trustee of Brown County Community Foundation Inc. The CEO's salary of Brown County Community Foundation Inc is $84,991 and their total compensation is $87,990.
Official website here: www.browncountygives.org
What is the revenue of Brown County Community Foundation Inc?
Brown County Community Foundation Inc's revenue in 2022 was $3,112,590.
Official website here: www.browncountygives.org
Who are the executives of Brown County Community Foundation Inc and what are their salaries?
The average compensation at Brown County Community Foundation Inc during 2022 was $60,576. There are 3 employees and 30 volunteers at Brown County Community Foundation Inc.
Here are 11 key members and their salaries (Brown County Community Foundation Inc's CEO's salary is $84,991 and their total compensation is $87,990):
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- Compensation: $84,991
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- Other: $2,999
Official website here: www.browncountygives.org
Where can I find the form 990 for Brown County Community Foundation Inc?
Brown County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.browncountygives.org
Learn more at the official website: www.browncountygives.org
Mission Statement of Brown County Community Foundation Inc
Brown County Community Foundation Inc, a philanthropic organization, aims to enrich the quality of life for the people of its community. It achieves this by providing collaborative leadership through philanthropy, mobilizing resources and individuals to make a positive impact. The foundation's mission is multifaceted, focusing on scholarship programs and community grants.
The scholarship program, a significant aspect of Brown County Community Foundation Inc's mission, aims to enhance the lives of scholarship recipients through higher education opportunities. By awarding scholarships, the foundation supports deserving students attending or graduating from colleges, universities, or trade schools. The scholarship program also serves the philanthropic endeavors of the foundation's donors by creating scholarship endowments. The foundation utilizes marketing and networking to raise awareness about the scholarship selection process, ensuring a fair and unbiased selection process for all applicants.
In addition to the scholarship program, Brown County Community Foundation Inc also has a grants program. This program aims to financially support local non-profit agencies and a few out-of-state organizations through an annual competitive grant cycle. The grants program enhances the quality of life issues in the community, attracting new endowment funds due to the visibility and success of these grant projects. The grants program operates with a similar selection process to the scholarship program, ensuring adherence to all HR4 requirements.
In summary, Brown County Community Foundation Inc's mission is to enrich the quality of life of its community through private philanthropy. It accomplishes this by providing community-wide collaborative leadership, offering scholarship programs to support higher education, and providing grants to local and out-of-state non-profit organizations. The foundation's programs are designed to make a positive impact on the community while ensuring fairness and adherence to all required regulations.
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Impact
October, 2024
The Brown County Community Foundation Inc. significantly enhances the quality of life in Brown County through targeted philanthropic efforts. In 2022, the foundation awarded 24 scholarships totaling $45,391, providing critical financial aid for students aspiring to further their education in colleges, universities, or trade schools. These scholarship opportunities not only improve individual lives but also reflect the philanthropic goals of the foundation's donors.
Additionally, the foundation supports local non-profit organizations through its competitive grants program, facilitating partnerships that address key community issues. For instance, it awarded an impact grant to Brown County Schools for the seventh consecutive year to fund 25 pre-K scholarships, demonstrating a commitment to early education.
Through effective marketing, networking, and a structured evaluation process, the foundation ensures that deserving applicants are aware of scholarship and grant opportunities, fostering a culture of collaboration and support within the community. By mobilizing resources and encouraging community involvement, the Brown County Community Foundation creates a lasting positive impact that enriches the lives of its residents.
This information is meant to be a general summary of Brown 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: $804,324
- Program Service Revenue: $13,409
- Gross Receipts: $4,211,731
Assets and Liabilities:
- Total Assets: $15,650,548
- Total Liabilities: $1,713,272
- Net Assets: $13,937,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$13,409
Organization Details
Founding Year
1993
Phone
(812) 988-4882Principal Officer
Dwight Thompson
Main Address
PO BOX 191, NASHVILLE, IN, 47448
Website
www.browncountygives.orgNTEE Category
Code: T31 - Philanthropy
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