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The Cfm Foundation

The Moorman Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 376026254 ✦ Quincy, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Cfm Foundation?

The Cfm Foundation, established in Quincy, Illinois, operates as a public charity. Their primary objective is to extend financial assistance through grants to various eligible public organizations. The foundation's programs are centered around grant provision, contributing to the broader charitable sector. By providing these grants, The Cfm Foundation aims to support and strengthen the work of public charities, ultimately contributing to various social causes.

Is The Cfm Foundation legitimate?

The Cfm Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cfm Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,000

For more financial information, click here

What is the mission statement of The Cfm Foundation?

The Cfm Foundation, as a public charitable organization, is committed to its mission of providing grants to various charitable organizations. This mission is carried out through the organization's programs, which primarily involve the distribution of funds to deserving public charities. The purpose of these grants is to support the initiatives and causes of these charities, thereby contributing to the betterment of society as a whole. The Cfm Foundation's role in providing financial assistance to public charities is instrumental in driving positive change and impact in various communities.

Who is the CEO of The Cfm Foundation?

Delmer R Mitchell is the Director of The Cfm Foundation.

What is the revenue of The Cfm Foundation?

The Cfm Foundation's revenue in 2023 was $5,112,219.

Who are the executives of The Cfm Foundation and what are their salaries?

The average compensation at The Cfm Foundation during 2023 was $60,000. There is 1 employee at The Cfm Foundation.


Here are 7 key members and their salaries:


Robert B Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Hulsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John G Stevenson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delmer R Mitchell (Director - P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold B Oakley (Director - S)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack R Sharkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan K Stokes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Cfm Foundation?

The Cfm Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Cfm Foundation

The Cfm Foundation, as a public charity, is dedicated to fulfilling its mission by granting funds to various organizations. Its primary objective is to support these public charities, providing them with the financial resources necessary to carry out their own missions and initiatives. By offering these grants, The Cfm Foundation plays a significant role in enabling these organizations to continue their work and make a positive impact in their respective communities. The foundation's programs are centered around the provision of grants, demonstrating its commitment to supporting the cause of public charities.

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Impact




October, 2024

The Cfm Foundation significantly impacts the community by providing financial support to various public charities, enabling them to amplify their efforts in serving those in need. By channeling funds to organizations dedicated to various causes, it helps enhance the quality of life for individuals and families within the Quincy, IL area and beyond. These grants enable charities to expand their initiatives, reach more beneficiaries, and implement essential programs that address diverse social, educational, and health-related challenges. Through its commitment to philanthropy, The Cfm Foundation plays a crucial role in fostering positive change and supporting the vital work of charitable organizations.




This information is meant to be a general summary of The Cfm Foundation. 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.

Revenue
$5,112,219 (2023)
Expenses
$4,171,193 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,108,010
  • Gross Receipts: $46,622,555

Assets and Liabilities:

  • Total Assets: $102,180,834
  • Total Liabilities: $655,874
  • Net Assets: $101,524,960

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Organization Details

Founding Year

1942

Principal Officer

Delmer R Mitchell

Main Address

201 SOUTH 5TH STREET SUITE 301, QUINCY, IL, 62301

NTEE Category

Code: T700 - Philanthropy

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