Overview
What is Illinois Prairie Community Foundation Inc?
Illinois Prairie Community Foundation Inc is a charitable organization situated in Bloomington, Illinois. Their primary mission is to empower individuals and businesses in supporting local initiatives and addressing community issues both now and in the future. Acting as a conduit for contributions, the foundation fosters charitable giving, manages endowment funds for organizations, and serves as a fiscal agent for charitable community projects. Furthermore, Illinois Prairie Community Foundation Inc functions as a catalyst for innovative charitable solutions to meet local needs, ensuring that assets and earnings are exclusively utilized for charitable and educational endeavors. With a small team of four dedicated individuals, this nonprofit plays a significant role in enhancing the welfare of their community.
Official website here: www.ilprairiecf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Illinois Prairie Community Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has achieved a perfect accountability score, demonstrating a commitment to transparency and sound financial practices. This high rating indicates that donors can trust the foundation to manage contributions responsibly and effectively.
The foundation showcases several strengths, including a fully independent board and robust financial oversight mechanisms. The charity has an excellent program expense ratio of 84.19%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. The organization also excels in fundraising efficiency, with a minimal cost of $0.002 for every dollar raised, ensuring that contributions are maximized for impact.
While the data highlights many positive aspects, potential donors might want to stay informed about any evolving challenges or changes within the organization. Overall, the Illinois Prairie Community Foundation Inc demonstrates a solid foundation of accountability and financial health, making it a commendable choice for philanthropic support.
This AI summary has been generated from information found on Charity Navigator.
Is Illinois Prairie Community Foundation Inc legitimate?
Illinois Prairie Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Prairie 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: $102,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,750
For more financial information, click here
Official website here: www.ilprairiecf.org
What is the mission statement of Illinois Prairie Community Foundation Inc?
The Illinois Prairie Community Foundation Inc serves as a platform for charitable giving, assisting both individuals and businesses in their philanthropic endeavors. The organization aids various organizations in establishing endowment funds and acts as a fiscal agent for charitable community projects. Furthermore, it catalyzes innovative charitable solutions to address local needs. The foundation's mission is to provide a conduit for donors to strengthen their community by supporting local solutions to current issues, ensuring these contributions are directed towards charitable and educational pursuits.
Official website here: www.ilprairiecf.org
What is the revenue of Illinois Prairie Community Foundation Inc?
Illinois Prairie Community Foundation Inc's revenue in 2024 was $5,238,310.
Official website here: www.ilprairiecf.org
Who are the executives of Illinois Prairie Community Foundation Inc and what are their salaries?
The average compensation at Illinois Prairie Community Foundation Inc during 2024 was $80,894. There are 3 employees and 40 volunteers at Illinois Prairie Community Foundation Inc.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $102,931
- Related: $0
- Other: $1,962
Official website here: www.ilprairiecf.org
Where can I find the form 990 for Illinois Prairie Community Foundation Inc?
Illinois Prairie Community Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ilprairiecf.org
Learn more at the official website: www.ilprairiecf.org
Mission Statement of Illinois Prairie Community Foundation Inc
Illinois Prairie Community Foundation Inc plays a crucial role in facilitating charitable giving for individuals and businesses in the community. Their mission is twofold: firstly, they help organizations establish endowment funds, acting as a fiscal agent for charitable community projects. Secondly, they serve as a catalyst for innovative charitable solutions to meet local needs, now and in perpetuity.
By receiving contributions as a conduit, the foundation enables donors to build and strengthen their community by supporting local solutions to local problems. All assets and earnings of the foundation are utilized exclusively for and pursuant to charitable and educational endeavors. In essence, Illinois Prairie Community Foundation Inc acts as a bridge between donors and the community, ensuring that charitable contributions are directed towards addressing pressing local issues in an effective and sustainable manner.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Illinois Prairie Community Foundation Inc significantly enhances the social fabric of the Bloomington, IL area by facilitating charitable giving among individuals and businesses. By serving as a conduit for contributions, it strengthens community engagement and empowers donors to support local solutions for local challenges.
The foundation plays a vital role in helping organizations establish and manage endowment funds, ensuring that financial resources are available for long-term community projects. Additionally, it acts as a fiscal agent for charitable initiatives, providing crucial support to various community projects that address pressing needs.
Through its commitment to innovation in philanthropy, Illinois Prairie Community Foundation Inc consistently finds new ways to meet the evolving needs of the community. This multifaceted approach not only addresses immediate issues but also lays the groundwork for sustainable charitable endeavors, benefiting residents now and for generations to come.
This information is meant to be a general summary of Illinois Prairie 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 2024.
- Investment Income: $615,961
- Gross Receipts: $20,360,386
Assets and Liabilities:
- Total Assets: $20,628,180
- Total Liabilities: $5,561
- Net Assets: $20,622,619
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Principal Officer
Laura Kowalczyk
Website
www.ilprairiecf.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of Illinois Prairie Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.