Overview
What is Community Foundation Of Grundy County?
The Community Foundation of Grundy County is a nonprofit organization situated in Morris, Illinois. Its primary mission is to foster a thriving community by providing leadership, grantmaking, partnerships, and fund management. By identifying crucial needs, concerns, and opportunities, the foundation aims to leverage its grantmaking capabilities to effect change. It collaborates with local not-for-profit organizations, strengthening their capacity to serve citizens effectively. Moreover, the foundation partners with donors to manage funds, ensuring the community's support for generations to come. In 2021, the organization distributed grants and scholarships to over 70 recipients through its donors, contributing to various community recreation, cultural, and social programs. With a team of three dedicated individuals, the Community Foundation of Grundy County plays a vital role in preserving and enhancing the quality of life in its surrounding area.
Official website here: www.cfgrundycounty.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The Community Foundation of Grundy County has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an overall score of 96%, the organization demonstrates strong governance practices, including a majority independent board and comprehensive oversight measures for financial statements. They have received perfect scores in several categories, such as their conflict of interest policy and whistleblower policy, which highlight their commitment to transparency and ethical practices.
The foundation's financial management is notably robust, with a very low liabilities to assets ratio of 0.02% and a program expense ratio of 75.78%. This suggests that a significant portion of their funds is directed towards programs and services, ensuring that resources are effectively utilized for their mission. Such metrics reflect positively on the foundation's sustainability and its ability to deliver on its objectives.
While the ratings and reviews are overwhelmingly positive, it is important for potential donors and stakeholders to remain informed about the foundation's ongoing initiatives and any changes in governance or financial practices. Continuous monitoring of the organization's performance will aid in maintaining trust and support from the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Grundy County legitimate?
Community Foundation Of Grundy County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Grundy County 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: $96,685
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,842
For more financial information, click here
Official website here: www.cfgrundycounty.com
What is the mission statement of Community Foundation Of Grundy County?
The Community Foundation of Grundy County aims to provide a vision for its community and surrounding areas, striving to preserve and enhance the quality of life. To achieve this, the foundation offers leadership to identify important needs, concerns, and opportunities. It utilizes its grantmaking to respond to these needs and bring about change. Additionally, the foundation partners with local non-profit organizations to strengthen their abilities to serve the community's citizens. Lastly, it collaborates with donors to receive and manage funds that will support the community for generations to come.
Official website here: www.cfgrundycounty.com
Who is the CEO of Community Foundation Of Grundy County?
Stephen Kezerle is the Trustee of Community Foundation Of Grundy County.
Official website here: www.cfgrundycounty.com
What is the revenue of Community Foundation Of Grundy County?
Community Foundation Of Grundy County's revenue in 2022 was $4,007,746.
Official website here: www.cfgrundycounty.com
Who are the executives of Community Foundation Of Grundy County and what are their salaries?
The average compensation at Community Foundation Of Grundy County during 2022 was $55,509. There are 3 employees at Community Foundation Of Grundy County.
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- Compensation: $96,685
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- Other: $4,932
Official website here: www.cfgrundycounty.com
Where can I find the form 990 for Community Foundation Of Grundy County?
Community Foundation Of Grundy County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfgrundycounty.com
Learn more at the official website: www.cfgrundycounty.com
Mission Statement of Community Foundation Of Grundy County
The Community Foundation of Grundy County is committed to shaping a vision for the region, aiming to preserve and enhance its quality of life. To achieve this, the foundation assumes a leadership role in identifying crucial needs, concerns, and opportunities within the community. Leveraging its grantmaking capabilities, the organization responds to these needs and works towards bringing about change.
In addition, the Community Foundation of Grundy County forges partnerships with local not-for-profit organizations. These collaborations serve to strengthen the capabilities of these organizations, enabling them to better serve the community's citizens. Furthermore, the foundation partners with donors to manage funds that will support the community for generations to come. By taking on these roles, the Community Foundation of Grundy County plays a pivotal part in shaping a thriving and resilient community for the future.
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Impact
October, 2024
The Community Foundation of Grundy County plays a vital role in enhancing the quality of life for residents in Grundy County and its surrounding areas. Through effective leadership, the foundation identifies critical needs and opportunities within the community, enabling it to respond proactively to local concerns.
By utilizing grantmaking, the foundation impacts various sectors, providing funding for community recreation, cultural initiatives, and social programs. In 2021 alone, it awarded grants and scholarships to over 70 recipients, helping individuals and organizations thrive. The foundation also strengthens local nonprofits, empowering them to better serve the community's needs while facilitating partnerships with donors to ensure a sustainable funding source for future generations. This collaborative approach fosters a supportive environment that nurtures growth, opportunity, and community well-being.
This information is meant to be a general summary of Community Foundation Of Grundy County. 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: $470,916
- Gross Receipts: $4,044,891
Assets and Liabilities:
- Total Assets: $15,145,745
- Total Liabilities: $998
- Net Assets: $15,144,747
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Organization Details
Founding Year
1999
Phone
(815) 941-0852Principal Officer
Stephen Kezerle
Main Address
520 W ILLINOIS AVE, MORRIS, IL, 60450
Website
www.cfgrundycounty.comNTEE Category
Code: T31 - Philanthropy
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