Overview
What is Communitygiving?
Communitygiving is a thriving nonprofit organization based in St. Cloud, Minnesota, with a US address at 101 7th Avenue S 100. Their mission is to foster connections within the community and bring people together, while administering over $17 million in grants to more than 1,000 nonprofits from the funds established by donors. With a workforce of 32 dedicated individuals, Communitygiving plays a significant role in engaging people and distributing resources to build a stronger community.
Official website here: www.communitygiving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Communitygiving has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's score is solely based on its strong performance in the Accountability & Finance category, showcasing its commitment to transparency and responsible financial management.
The organization boasts a fully independent board, with 93% of its members being independent, which enhances governance and oversight. Additionally, Communitygiving has demonstrated excellent financial ratios, including a program expense ratio of 90.54%, indicating that a significant majority of its funds are directed toward programs rather than administrative costs. The charity also maintains a very low fundraising efficiency ratio, highlighting its effectiveness in raising funds.
No significant limitations were noted in the feedback, as the charity has robust policies in place, such as conflict of interest and whistleblower policies. The organization also shows no material diversion of assets, further solidifying its reputation for ethical practices. Overall, Communitygiving exemplifies a model nonprofit in terms of accountability, governance, and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Communitygiving legitimate?
Communitygiving is a legitimate nonprofit organization registered as a 501(c)(3) entity. Communitygiving 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: $251,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,715,437
For more financial information, click here
Official website here: www.communitygiving.org
What is the mission statement of Communitygiving?
Communitygiving's mission is centered around engaging people and building community, as well as connecting resources to support various non-profits. Through its grantmaking activities, the foundation distributed over $17 million to more than 1,000 non-profits, all thanks to the 1,105 funds set up by donors. By fostering connections and community involvement, Communitygiving positively impacts numerous organizations and the causes they champion.
Official website here: www.communitygiving.org
Who is the CEO of Communitygiving?
Steven Joul is the President of Communitygiving.
Official website here: www.communitygiving.org
What is the revenue of Communitygiving?
Communitygiving's revenue in 2023 was $19,883,794.
Official website here: www.communitygiving.org
Who are the executives of Communitygiving and what are their salaries?
The average compensation at Communitygiving during 2023 was $61,451. There are 32 employees and 595 volunteers at Communitygiving.
Here are 19 key members and their salaries:
- Compensation: $223,821
- Related: $0
- Other: $20,330
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- Compensation: $109,697
- Related: $0
- Other: $31,377
- Compensation: $134,581
- Related: $0
- Other: $11,450
- Compensation: $115,348
- Related: $0
- Other: $10,973
Official website here: www.communitygiving.org
Where can I find the form 990 for Communitygiving?
Communitygiving's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.communitygiving.org
Learn more at the official website: www.communitygiving.org
Mission Statement of Communitygiving
Communitygiving, a renowned foundation, is committed to engaging people and connecting resources to build vibrant communities. The organization's mission is twofold: it aims to bring together individuals and mobilize resources for the betterment of various non-profits.
In practice, Communitygiving administers the distribution of over $17 million in grants to more than 1,000 non-profit organizations. These grants are sourced from the 1,105 funds established by generous donors. The foundation's grantmaking process enables these funds to reach a wide range of non-profits, making a significant impact on the communities they serve. By facilitating these connections, Communitygiving plays a crucial role in fostering growth and development through the non-profit sector.
Communitygiving's commitment to community-building extends beyond financial support. The foundation's mission is not just about transactions, but about creating lasting relationships between donors, non-profits, and the communities they serve. By engaging people in the giving process and providing opportunities for meaningful connections, Communitygiving helps to build a more compassionate and connected world.
In essence, Communitygiving is a catalyst for change, harnessing the power of people and resources to create positive change in communities across the board. The organization's mission to engage, connect, and build is evident in the transformative impact it has on the lives of those it serves.
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Impact
October, 2024
Communitygiving has a significant impact by engaging individuals, connecting vital resources, and fostering a sense of community. Through its grantmaking efforts, it has facilitated the distribution of over $17 million to more than 1,000 nonprofit organizations, empowering them to pursue their missions and effectively serve their communities. With 1,105 funds established by generous donors, Communitygiving acts as a crucial intermediary that mobilizes philanthropic resources and addresses diverse community needs in St. Cloud, MN. Its mission promotes collaboration and strengthens the social fabric, ultimately enhancing the quality of life for residents by supporting initiatives that have a lasting impact.
This information is meant to be a general summary of Communitygiving. 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: $4,576,144
- Gross Receipts: $25,262,910
Assets and Liabilities:
- Total Assets: $208,628,197
- Total Liabilities: $38,297,319
- Net Assets: $170,330,878
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Organization Details
Founding Year
1985
Phone
(320) 253-4380Principal Officer
Steven Joul
Main Address
101 7TH AVENUE S 100, ST CLOUD, MN, 56301
Website
www.communitygiving.orgNTEE Category
Code: T310 - Philanthropy
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