Overview
What is The Village Club Foundation?
The Village Club Foundation is a nonprofit organization situated in Bloomfield Hills, Michigan. Its primary mission is to provide financial assistance to eligible nonprofit organizations within Wayne, Oakland, and Macomb counties. The foundation's grant programs aim to support various aspects of community life, including basic human needs and services, educational enhancement, and cultural enrichment. By offering these grants, The Village Club Foundation aims to contribute positively to its local communities, promoting overall well-being and development.
Official website here: www.thevillageclub.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
The Village Club Foundation has achieved a remarkable 97% score, reflecting its strong performance in accountability and finance. This rating is particularly significant as it indicates a high level of transparency and effective management of resources. The foundation has no material diversion of assets, which reinforces its credibility and reliability as a nonprofit organization.
Strengths of The Village Club Foundation include a fully independent board, with all 10 members maintaining independence, which is a key factor in ensuring unbiased governance. The organization also excels in its financial management, with an impressive program expense ratio of 83.06%, suggesting that a substantial portion of its funding is directed toward its programs and mission rather than administrative costs.
While the overall data points to a well-managed and accountable organization, no significant limitations are noted in the provided information. The foundation's robust policies regarding conflict of interest, whistleblower protections, and document retention further enhance its reputation and commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Village Club Foundation legitimate?
The Village Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Village Club 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.
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Official website here: www.thevillageclub.org/foundation
What is the mission statement of The Village Club Foundation?
The Village Club Foundation's mission is centered around providing financial aid through grants to eligible non-profit organizations. This support is primarily focused on enhancing various interconnected aspects of community life, ensuring basic human needs and services, improving educational opportunities, and promoting cultural enrichment. The foundation's grants aim to make a significant impact in these areas, thereby contributing to the betterment of the community as a whole.
Official website here: www.thevillageclub.org/foundation
Who is the CEO of The Village Club Foundation?
Susan Sweeney is the President of The Village Club Foundation.
Official website here: www.thevillageclub.org/foundation
What is the revenue of The Village Club Foundation?
The Village Club Foundation's revenue in 2022 was $471,719.
Official website here: www.thevillageclub.org/foundation
Who are the executives of The Village Club Foundation and what are their salaries?
There 45 volunteers at The Village Club Foundation.
Here are 9 key members and their salaries:
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Official website here: www.thevillageclub.org/foundation
Where can I find the form 990 for The Village Club Foundation?
The Village Club Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thevillageclub.org/foundation
Learn more at the official website: www.thevillageclub.org/foundation
Mission Statement of The Village Club Foundation
The Village Club Foundation, a renowned organization, is dedicated to providing financial assistance in the form of grants to eligible nonprofit organizations situated in Wayne, Oakland, and Macomb counties. Their mission is multifaceted, focusing on fostering the interconnected aspects of community life, addressing basic human needs and services, enhancing educational opportunities, and enriching cultural experiences. By offering these grants, The Village Club Foundation aims to contribute positively to various sectors within these communities, ensuring that they thrive and prosper.
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Impact
July, 2024
The Village Club Foundation's impact is felt through the financial support it provides to qualified organizations throughout Wayne, Oakland, and Macomb Counties. By offering grants that focus on community life, basic human needs and services, educational enhancement, and cultural enrichment, the foundation plays a vital role in enhancing the well-being and prosperity of the communities it serves. Through its philanthropic efforts, The Village Club Foundation contributes to the overall betterment of society by supporting initiatives that address a wide range of needs and promote positive social change.
This information is meant to be a general summary of The Village Club 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $346,748
- Gross Receipts: $1,123,843
Assets and Liabilities:
- Total Assets: $4,970,977
- Total Liabilities: $3,120
- Net Assets: $4,967,857
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Organization Details
Founding Year
1983
Phone
(248) 644-3450Principal Officer
Susan Sweeney
Main Address
190 E LONG LAKE ROAD, BLOOMFIELD HILLS, MI, 483042325
NTEE Category
Code: T70Z - Philanthropy
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