Overview
What is Dekalb County Community Foundation Inc?
Dekalb County Community Foundation Inc, based in Auburn, Indiana, serves as a catalyst for community philanthropy in DeKalb County. Primarily functioning as an asset builder and grant maker, the organization aims to enhance the quality of life in the area. It achieves this goal by distributing funds from various charitable endowments and temporary funds to local nonprofit organizations that serve DeKalb County. In 2022, the foundation awarded over 120 grants. By offering local citizens the opportunity to create a lasting charitable legacy, Dekalb County Community Foundation Inc plays a significant role in sustaining and improving the community. With a workforce of 10 dedicated individuals, it actively promotes community philanthropy and empowers local organizations to make a positive impact.
Official website here: www.cfdekalb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Dekalb County Community Foundation Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance, particularly in accountability and finance, where it scored 90%. The foundation demonstrates a high level of governance with a fully independent board and has effective financial oversight mechanisms in place, contributing to its overall financial health.
While the organization excels in many financial metrics, its program expense ratio sits at 56.97%, which suggests that a smaller portion of its budget is allocated directly to programs compared to other charities. However, it maintains an impressive fundraising efficiency with a low cost of fundraising, indicating effective use of resources.
The foundation also shows commitment to culture and community with a score of 75%, reflecting positive engagement practices. Nonetheless, there may be room for improvement in its programming effectiveness, as some feedback suggests a need for greater impact in community initiatives. Overall, Dekalb County Community Foundation Inc is recognized for its strong governance and financial health, even as it seeks to enhance its program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Dekalb County Community Foundation Inc legitimate?
Dekalb County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dekalb 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: $78,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,301
For more financial information, click here
Official website here: www.cfdekalb.org
What is the mission statement of Dekalb County Community Foundation Inc?
The Dekalb County Community Foundation Inc promotes community philanthropy by providing local citizens with the opportunity to establish a charitable legacy that will sustain and enhance life in their community. The foundation primarily serves as an asset builder and grant maker, with its granting program aiming to improve the quality of life in DeKalb County, Indiana. Funds are disbursed from various charitable endowment funds held by the foundation to nonprofit organizations that serve DeKalb County. In addition, the foundation grants from several nonpermanent funds to various nonprofit organizations serving the county. In 2022, over 120 grants were awarded. The foundation encourages community philanthropy and contributes to the betterment of the community through its granting program.
Official website here: www.cfdekalb.org
Who is the CEO of Dekalb County Community Foundation Inc?
Barbara Olenyik Morrow is the President of Dekalb County Community Foundation Inc.
Official website here: www.cfdekalb.org
What is the revenue of Dekalb County Community Foundation Inc?
Dekalb County Community Foundation Inc's revenue in 2022 was $2,506,599.
Official website here: www.cfdekalb.org
Who are the executives of Dekalb County Community Foundation Inc and what are their salaries?
The average compensation at Dekalb County Community Foundation Inc during 2022 was $24,683. There are 10 employees and 150 volunteers at Dekalb County Community Foundation Inc.
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- Compensation: $78,526
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- Other: $7,853
Official website here: www.cfdekalb.org
Where can I find the form 990 for Dekalb County Community Foundation Inc?
Dekalb County Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfdekalb.org
Learn more at the official website: www.cfdekalb.org
Mission Statement of Dekalb County Community Foundation Inc
The Dekalb County Community Foundation Inc promotes community philanthropy by offering local citizens the opportunity to establish a lasting charitable legacy that contributes to enhancing life in their community. This nonprofit organization's mission is centered around fostering a sense of philanthropy among its community members, enabling them to create enduring legacies that contribute to the betterment of their shared environment. The foundation serves as an asset builder and grant maker, channeling funds from various charitable endowment funds it manages to numerous nonprofit organizations operating within Dekalb County. In 2022, over 120 grants were awarded through this process, furthering the foundation's mission to improve the quality of life in the region.
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Impact
October, 2024
Dekalb County Community Foundation Inc makes a significant impact by fostering a culture of philanthropy within the community. It offers local citizens the opportunity to create charitable legacies, empowering them to contribute to the long-term enhancement of life in Dekalb County, Indiana. The foundation's primary role is as an asset builder and grant maker, ensuring that funds are effectively directed to initiatives that improve the quality of life for county residents.
Through its robust granting program, it allocates resources from various charitable endowment funds to support a wide array of organizations serving the community. In 2022 alone, over 120 grants were awarded, disseminating vital financial support to those in need and driving numerous local projects. This not only addresses immediate community challenges but also promotes sustainable development and long-term well-being across Dekalb County. By engaging citizens in philanthropy, the foundation cultivates a sense of shared responsibility and investment in the county’s future.
This information is meant to be a general summary of Dekalb 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: $997,881
- Program Service Revenue: $316,875
- Gross Receipts: $8,542,058
Assets and Liabilities:
- Total Assets: $22,778,629
- Total Liabilities: $2,314,382
- Net Assets: $20,464,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION FEES
Revenue
$316,875
Organization Details
Founding Year
1996
Phone
(260) 925-0311Principal Officer
Barbara Olenyik Morrow
Main Address
PO BOX 111 700 S MAIN STREET, AUBURN, IN, 467060111
Website
www.cfdekalb.orgNTEE Category
Code: T31 - Philanthropy
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