Overview
What is Community Foundation Of The Fox River Valley?
The Community Foundation of the Fox River Valley, located at 111 WEST DOWNER PLACE STE 312 in Aurora, Illinois (60506), is a public community foundation dedicated to enhancing and supporting the quality of life in the Fox River Valley area of northeastern Illinois. Through individual charitable funds, the foundation distributes grants and scholarships to benefit the citizens of Greater Aurora, Kane County, and Kendall County. By administering these funds, the Community Foundation plays a vital role in the local community, addressing various social needs and contributing to the overall development of the region. Their mission encompasses distributing grants and scholarships to foster community growth and support a range of initiatives in the Fox River Valley area.
Official website here: www.cffrv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Community Foundation of the Fox River Valley has achieved a remarkable 97% rating from Charity Navigator, signifying strong performance in accountability and finance. This high score reflects a commitment to transparency and responsible management, earning a Four-Star rating based on their excellent financial practices and oversight. The organization has an independent board with full compliance on all reviewed policies, which enhances their credibility in the nonprofit sector.
Strengths highlighted include a perfect score for board independence and a robust financial oversight committee. Their financial metrics are impressive, with a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of funds directly supports their programs. Additionally, the organization shows exceptional fundraising efficiency, ensuring that donations are maximized for impact.
While the charity has received high marks across various financial indicators, continued vigilance in maintaining these standards will be crucial for sustaining its reputation and effectiveness. Overall, the Community Foundation of the Fox River Valley exemplifies strong governance and financial health, making it a trustworthy choice for donors looking to support community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of The Fox River Valley legitimate?
Community Foundation Of The Fox River Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The Fox River Valley 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: $156,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,849
For more financial information, click here
Official website here: www.cffrv.org
What is the mission statement of Community Foundation Of The Fox River Valley?
The Community Foundation of the Fox River Valley serves as a public organization dedicated to enhancing and supporting the quality of life in a region of northeastern Illinois. They manage individual charitable funds and distribute grants and scholarships to benefit the citizens of the greater Aurora area, Kane County, and Kendall County. The foundation administers donated property according to the terms of gifts, bequests, or other devises. The funds are utilized to provide grants, scholarships to area students, and contribute to various programs and initiatives that enrich the community. In collaboration with partners such as Joseph Corporation, Fox Valley Habitat for Humanity, and Habitat for Humanity of Northern Fox Valley, among others, they have launched a project aimed at redeveloping and stabilizing priority neighborhood blocks from foreclosures and vacant properties.
Official website here: www.cffrv.org
Who is the CEO of Community Foundation Of The Fox River Valley?
Julie Christman is the President And Ceo of Community Foundation Of The Fox River Valley. The CEO's salary of Community Foundation Of The Fox River Valley is $147,128 and their total compensation is $156,242.
Official website here: www.cffrv.org
What is the revenue of Community Foundation Of The Fox River Valley?
Community Foundation Of The Fox River Valley's revenue in 2022 was $13,247,168.
Official website here: www.cffrv.org
Who are the executives of Community Foundation Of The Fox River Valley and what are their salaries?
The average compensation at Community Foundation Of The Fox River Valley during 2022 was $63,636. There are 8 employees and 45 volunteers at Community Foundation Of The Fox River Valley.
Here are 19 key members and their salaries (Community Foundation Of The Fox River Valley's CEO's salary is $147,128 and their total compensation is $156,242):
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Official website here: www.cffrv.org
Where can I find the form 990 for Community Foundation Of The Fox River Valley?
Community Foundation Of The Fox River Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cffrv.org
Learn more at the official website: www.cffrv.org
Mission Statement of Community Foundation Of The Fox River Valley
The Community Foundation of the Fox River Valley, a public community foundation, is dedicated to enhancing and supporting the quality of life in the Fox River Valley area of northeastern Illinois. This esteemed organization administers individual charitable funds and distributes grants and scholarships to benefit the citizens of the greater Aurora area, Kane County, and Kendall County, Illinois.
Through the wise stewardship of donated property, the Community Foundation provides grants, scholarships to area students, and supports various initiatives to enrich the community. In a significant endeavor, the Illinois Attorney General, in partnership with Joseph Corporation, Fox Valley Habitat for Humanity, Habitat for Humanity of Northern Fox Valley, Kane County Office of Community Reinvestment, and Neighborhood Housing Services of Chicago, was awarded a grant by the Community Foundation to undertake a geographically-targeted effort. This ambitious project aims to redevelop and stabilize priority neighborhood blocks in various communities along the Fox River Valley from foreclosures and vacant properties.
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Impact
October, 2024
The Community Foundation of the Fox River Valley plays a vital role in enhancing and supporting the quality of life in the Fox River Valley area of northeastern Illinois. By managing and distributing donated property, the foundation ensures that gifts, bequests, and other contributions are effectively utilized to benefit the community.
Its impact is seen through various grants and scholarships awarded to local residents, particularly students, enabling educational advancement and community growth. The foundation undertakes significant initiatives, such as partnering with organizations like Habitat for Humanity and local government agencies to address pressing issues, including neighborhood revitalization and stabilization efforts aimed at combating foreclosures and vacant properties.
Through these collaborative efforts, the foundation not only fosters a sense of community but also stimulates economic development and social cohesion, ensuring that the greater Aurora area and its surrounding counties thrive.
This information is meant to be a general summary of Community Foundation Of The Fox River Valley. 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: $3,059,535
- Gross Receipts: $36,218,541
Assets and Liabilities:
- Total Assets: $112,792,367
- Total Liabilities: $62,439
- Net Assets: $112,729,928
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Organization Details
Founding Year
1948
Phone
(630) 896-7800Principal Officer
Julie Christman
Main Address
111 WEST DOWNER PLACE STE 312, AURORA, IL, 60506
Website
www.cffrv.orgNTEE Category
Code: T310 - Philanthropy
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