Overview
What is Cadillac Area Community Foundation?
The Cadillac Area Community Foundation, based in Cadillac, Michigan, serves as a platform for civic-minded individuals to contribute financially, establishing permanent endowments for the community. These endowments, in turn, grant funds to cater to the charitable aspirations of the donors, ultimately aiming to enhance the overall quality of life in the area. A significant part of their mission involves partnering with the Dollywood Foundation to provide monthly books for children, fostering literacy and educational opportunities for the younger generation. With a small team of two dedicated employees, the Cadillac Area Community Foundation plays a vital role in driving community development and empowerment in its locality.
Official website here: www.cadillacfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
The Cadillac Area Community Foundation (CACF) has achieved a strong rating of 96% on Charity Navigator, reflecting its commitment to high standards in accountability and finance. The organization boasts a fully independent board and has received maximum points in various categories, such as financial oversight, conflict of interest policies, and program expense ratios. This strong governance structure indicates effective management and transparency.
User reviews from GreatNonprofits highlight CACF's significant impact on local programs and initiatives, particularly in the areas of education, health, and social services. Many users express gratitude for the foundation's support, noting that without its funding, essential community events and programs would not have been possible. The foundation's ability to connect with diverse needs in the Cadillac area, such as supporting disability resources and arts education, underscores its role as a vital community asset.
Despite the overwhelmingly positive feedback, there are no noted limitations in the available data. The reviews reflect a consistent satisfaction with the foundation’s responsiveness and effectiveness in meeting community needs. The Cadillac Area Community Foundation's strong financial health and community engagement position it as a trusted organization that continues to make a meaningful difference in the lives of local residents.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Cadillac Area Community Foundation legitimate?
Cadillac Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cadillac Area 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: $47,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,525
For more financial information, click here
Official website here: www.cadillacfoundation.org
What is the mission statement of Cadillac Area Community Foundation?
The Cadillac Area Community Foundation serves as a platform for civic-minded individuals to donate funds, building permanent endowments for the community. These endowments are utilized to grant funds, enabling them to carry out the charitable wishes of the donors. The ultimate goal of the foundation is to enhance the quality of life in the community by awarding these grants. Additionally, the foundation supports the Dollywood Foundation, providing monthly books for children as part of its initiatives to benefit the local community.
Official website here: www.cadillacfoundation.org
Who is the CEO of Cadillac Area Community Foundation?
Megan Santangelo is the Executive Di of Cadillac Area Community Foundation.
Official website here: www.cadillacfoundation.org
What is the revenue of Cadillac Area Community Foundation?
Cadillac Area Community Foundation's revenue in 2022 was $1,958,338.
Official website here: www.cadillacfoundation.org
Who are the executives of Cadillac Area Community Foundation and what are their salaries?
The average compensation at Cadillac Area Community Foundation during 2022 was $29,912. There are 2 employees and 20 volunteers at Cadillac Area Community Foundation.
Here are 13 key members and their salaries:
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Official website here: www.cadillacfoundation.org
Where can I find the form 990 for Cadillac Area Community Foundation?
Cadillac Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cadillacfoundation.org
Learn more at the official website: www.cadillacfoundation.org
Mission Statement of Cadillac Area Community Foundation
The Cadillac Area Community Foundation serves as a platform for civic-minded individuals to contribute donations, aiming to establish perpetual endowments for the betterment of the community. These endowments facilitate the granting of funds to carry out the charitable intentions of the donors, ultimately striving to enhance the overall quality of life in the area. The foundation's primary objective is to provide a means through which the charitable desires of its contributors can be realized, thereby contributing to the well-being of the community.
In simple terms, the Cadillac Area Community Foundation acts as a bridge between generous individuals and the community, utilizing donations to build endowments that empower the foundation to reward grants aligned with the donors' benevolent visions. By doing so, the organization seeks to uphold a higher standard of living in the community, demonstrating its commitment to improving the lives of its residents.
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Impact
July, 2024
The Cadillac Area Community Foundation plays a vital role in improving the quality of life in the Cadillac area through its philanthropic efforts. By providing a platform for civic-minded citizens to contribute donations, the foundation builds permanent endowments that benefit the community. Through grants awarded to carry out the charitable wishes of donors, the foundation makes a tangible impact on various aspects of community life. One such example is the grants provided for the Dollywood Foundation, which aims to provide monthly books for children. Through these initiatives, the Cadillac Area Community Foundation actively works towards enhancing the well-being of the community and fostering a positive future for its residents.
This information is meant to be a general summary of Cadillac Area 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: $1,282,367
- Gross Receipts: $2,978,197
Assets and Liabilities:
- Total Assets: $13,876,411
- Total Liabilities: $26,073
- Net Assets: $13,850,338
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Organization Details
Founding Year
1988
Phone
(231) 775-9911Principal Officer
Megan Santangelo
Main Address
201 N MITCHELL ST 101, CADILLAC, MI, 49601
Website
www.cadillacfoundation.orgNTEE Category
Code: T31Z - Philanthropy
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