Overview
What is Saginaw Community Foundation?
The Saginaw Community Foundation serves as a vital grant-making organization, philanthropic vehicle, community leader, and volunteer hub in Saginaw, Michigan. With a mission to fulfill donor wishes and foster community initiatives, it provides essential support to charitable agencies and activities within the local community. Acting as a philanthropic vehicle, the foundation enables individuals to contribute back to the community in a broad or specific manner. As a community leader, it collaborates with organizations such as the United Way of Saginaw County to conduct surveys, ensuring the community's needs are well-understood. Moreover, the foundation serves as a volunteer organization, gathering diverse groups of people to contribute to various foundation efforts. With a team of 10 dedicated employees, the Saginaw Community Foundation plays a crucial role in enhancing the well-being of its community.
Official website here: www.saginawfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
The Saginaw Community Foundation has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. With an overall score of 87%, the foundation excels in several areas, including having a fully independent board and robust policies regarding conflicts of interest and whistleblowing. These factors contribute to its strong governance framework.
Despite its strengths, the foundation's fundraising efficiency ratio poses a concern, scoring zero out of 25. This indicates that the organization may face challenges in raising funds relative to its expenses. While it maintains a healthy balance in other financial areas, this particular aspect could impact its overall sustainability.
In summary, the Saginaw Community Foundation demonstrates responsible management and transparency, reflected in its high scores for governance and financial practices. However, improving its fundraising efficiency could enhance its capacity to fulfill its mission and serve the community more effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Saginaw Community Foundation legitimate?
Saginaw Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saginaw Community 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: $144,924
Professional Fundraising Fees: $0
Other Salaries and Wages: $620,302
For more financial information, click here
Official website here: www.saginawfoundation.org
What is the mission statement of Saginaw Community Foundation?
The Saginaw Community Foundation's mission is centered around fulfilling donor wishes and facilitating the realization of community initiatives, both presently and indefinitely. Acting as a grantmaker, the foundation supports charitable agencies and activities that provide essential services to the community. As a philanthropic vehicle, it provides a platform for individuals to contribute to the community in a broad or specific manner. The foundation also serves as a community leader, collaborating with organizations like the United Way of Saginaw County to conduct community surveys. Additionally, it operates as a volunteer organization, gathering diverse groups of people to assist with various foundation endeavors.
Official website here: www.saginawfoundation.org
Who is the CEO of Saginaw Community Foundation?
Renee Johnston is the President & of Saginaw Community Foundation.
Official website here: www.saginawfoundation.org
What is the revenue of Saginaw Community Foundation?
Saginaw Community Foundation's revenue in 2022 was $2,917,093.
Official website here: www.saginawfoundation.org
Who are the executives of Saginaw Community Foundation and what are their salaries?
The average compensation at Saginaw Community Foundation during 2022 was $76,523. There are 10 employees and 277 volunteers at Saginaw Community Foundation.
Here are 20 key members and their salaries:
- Compensation: $136,997
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- Other: $7,927
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Official website here: www.saginawfoundation.org
Where can I find the form 990 for Saginaw Community Foundation?
Saginaw Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saginawfoundation.org
Learn more at the official website: www.saginawfoundation.org
Mission Statement of Saginaw Community Foundation
The Saginaw Community Foundation, serving as a grantmaker, philanthropic vehicle, community leader, and volunteer organization, is committed to fulfilling the wishes of its donors and enabling community initiatives to flourish now and for generations to come. By acting as a grant-making organization, the foundation provides essential support to charitable agencies and activities within the community that cater to specific needs. As a philanthropic vehicle, it collaborates with individuals who seek to contribute back to the community, either in a broad or targeted manner. In its role as a community leader, the foundation works alongside organizations such as the United Way of Saginaw County to conduct comprehensive community surveys. Lastly, as a volunteer organization, the Saginaw Community Foundation brings together diverse groups of people to contribute to various foundation initiatives.
In essence, the Saginaw Community Foundation's mission is to serve as a bridge between donors and the community, ensuring that charitable contributions are channeled towards addressing the community's specific needs. By acting as a grant-making organization, it provides the necessary resources for charitable agencies and activities to thrive. As a philanthropic vehicle, it empowers individuals to contribute to their community in a meaningful way. And, by working alongside community leaders and volunteers, the foundation is able to identify and address the community's needs more effectively.
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Impact
July, 2024
Saginaw Community Foundation plays a crucial role in fulfilling donor wishes and enabling community initiatives to thrive in Saginaw, Michigan. As a grantmaker, the foundation provides support to charitable agencies and activities that offer essential services to the community. Additionally, as a philanthropic vehicle, it partners with individuals who seek to give back to the community in various ways. The foundation's leadership is evident in collaborating with organizations like the United Way of Saginaw County to conduct community surveys and identify areas of need. Through its volunteer efforts, Saginaw Community Foundation mobilizes diverse groups of people to contribute to its mission of creating a lasting impact on the community.
This information is meant to be a general summary of Saginaw Community 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: -$1,217,342
- Gross Receipts: $8,643,503
Assets and Liabilities:
- Total Assets: $84,067,700
- Total Liabilities: $217,690
- Net Assets: $83,850,010
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Organization Details
Founding Year
1984
Phone
(989) 755-0545Principal Officer
Renee Johnston
Main Address
1 TUSCOLA ST RM/STE 100, SAGINAW, MI, 48607
Website
www.saginawfoundation.orgNTEE Category
Code: T310 - Philanthropy
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