Overview
What is Kosciusko County Community Foundation Inc?
The Kosciusko County Community Foundation Inc, located in Warsaw, Indiana, functions as a grant-making organization. They have awarded over 800 grants amounting to more than $3.7 million to various nonprofits and charitable projects. Their funding primarily supports initiatives in human services (39%), faith-based/religion (23%), education (13%), health (5%), civic (7%), recreation (6%), environmental projects (3%), and arts & culture (4%). The foundation's mission is to bring caring people and charitable endeavors together, inspiring generosity, and strengthening communities by serving as the vehicle for donors' charitable dreams, awarding grants to charitable projects and organizations, and addressing community needs as a catalyst and convener. The organization currently employs ten individuals.
Official website here: www.kcfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Kosciusko County Community Foundation Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, indicating a perfect score of 100% in Accountability & Finance. This score reflects the organization's commitment to transparency and effective financial management, which are critical for gaining public trust and ensuring that funds are utilized efficiently for community impact.
The foundation demonstrates strong governance with an entirely independent board of 21 members, showcasing their commitment to ethical oversight. Their financial practices are commendable, with no material diversion of assets reported, and exceptional scores in areas such as program expense ratio and fundraising efficiency. This indicates that the majority of their expenditures are directed towards their programs rather than administrative costs.
While the data highlights the organization's strengths, it does not provide specific information regarding its programmatic efficacy or community impact, which could provide a fuller picture of their overall effectiveness. Nonetheless, the foundation’s exemplary financial management and governance practices are clear indicators of its reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kosciusko County Community Foundation Inc legitimate?
Kosciusko County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kosciusko 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: $148,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $543,536
For more financial information, click here
Official website here: www.kcfoundation.org
What is the mission statement of Kosciusko County Community Foundation Inc?
The Kosciusko County Community Foundation Inc aims to bring together caring people and charitable endeavors, inspiring generosity and strengthening communities. They fulfill this mission by serving as a vehicle for donors' charitable dreams, awarding grants to various projects and organizations, and addressing community needs as a catalyst and convener. In the past, they have granted over $3.7 million to nonprofits and charitable projects in the sectors of human services, faith-based/religion, education, health, civic, recreation, environment, and arts & culture.
Official website here: www.kcfoundation.org
Who is the CEO of Kosciusko County Community Foundation Inc?
Stephanie M Overbey is the President of Kosciusko County Community Foundation Inc. The CEO's salary of Kosciusko County Community Foundation Inc is $144,738 and their total compensation is $151,830.
Official website here: www.kcfoundation.org
What is the revenue of Kosciusko County Community Foundation Inc?
Kosciusko County Community Foundation Inc's revenue in 2023 was $12,719,505.
Official website here: www.kcfoundation.org
Who are the executives of Kosciusko County Community Foundation Inc and what are their salaries?
The average compensation at Kosciusko County Community Foundation Inc during 2023 was $69,159. There are 10 employees and 306 volunteers at Kosciusko County Community Foundation Inc.
Here are 22 key members and their salaries (Kosciusko County Community Foundation Inc's CEO's salary is $144,738 and their total compensation is $151,830):
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- Compensation: $144,738
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- Other: $7,092
Official website here: www.kcfoundation.org
Where can I find the form 990 for Kosciusko County Community Foundation Inc?
Kosciusko County Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kcfoundation.org
Learn more at the official website: www.kcfoundation.org
Mission Statement of Kosciusko County Community Foundation Inc
The Kosciusko County Community Foundation Inc, a leading grant-making organization, brings together caring individuals and charitable endeavors with the goal of inspiring generosity and strengthening communities. By serving as a vessel for donors' philanthropic aspirations, the Foundation awards grants to various charitable projects and organizations in several sectors.
The Foundation's mission is threefold. Firstly, it functions as a philanthropic intermediary, turning donors' charitable dreams into reality by managing and distributing funds to eligible projects and organizations. Secondly, it invests in the community by generously granting over 800 awards totaling over $3.7 million annually. These grants primarily support initiatives in the human services sector, which accounts for nearly 40% of the Foundation's grants.
Additionally, the Kosciusko County Community Foundation Inc plays a catalytic role in addressing community needs by acting as a convener. It identifies and addresses emergent issues, bridging the gap between community needs and available resources. The organization's philanthropic activities span across various sectors, including faith-based and religion, education, health, civic, recreation, environmental projects, and arts and culture. By focusing on these key areas, the Foundation strives to create lasting, positive change and foster a thriving, vibrant community.
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Impact
October, 2024
Kosciusko County Community Foundation Inc plays a vital role in enriching the community by granting nearly $5 million to various sectors, including arts and culture, civic engagement, human services, recreation, health, education, the environment, and faith-based projects. In total, over 800 grants amounting to more than $3.7 million have been awarded, which significantly impacts local organizations and initiatives.
The foundation focuses on several key areas, with 39% of its funding directed to human services and 23% to faith-based and religious projects. Education, civic projects, and recreation also receive essential support, ensuring a well-rounded approach to community development. By acting as a catalyst and convener for charitable endeavors, the foundation not only inspires generosity but actively addresses community needs, fostering a sense of collaboration and care among local residents.
With its mission to bring caring individuals together to support charitable projects, the foundation strengthens the fabric of Kosciusko County, shaping a brighter and more resilient community.
This information is meant to be a general summary of Kosciusko 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 2023.
- Investment Income: $3,251,739
- Program Service Revenue: $977,606
- Gross Receipts: $26,973,164
Assets and Liabilities:
- Total Assets: $80,469,040
- Total Liabilities: $4,862,257
- Net Assets: $75,606,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$977,606
Organization Details
Founding Year
1968
Phone
(574) 267-1901Principal Officer
Stephanie M Overbey
Main Address
102 E MARKET ST, WARSAW, IN, 465802806
Website
www.kcfoundation.orgNTEE Category
Code: T31 - Philanthropy
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