Overview
What is Canton Community Foundation Inc?
Canton Community Foundation Inc, operating under the name Local Impact Alliance (LIA), serves the Canton, Plymouth, Westland, and surrounding communities. This nonprofit organization recognizes the unique needs and interests of each initiative it supports, with the Community Foundation of Plymouth and the Westland Community Foundations focusing on their respective community's needs. The Giving Hope Women's Giving Circle educates women about philanthropy while addressing the needs of women and families in the region. Eagles for Children focuses on children's charities in the area. LIA acts as a convenor for community discussions, identifies grant-making opportunities, assists small, regional nonprofits in their mission, and hosts nonprofit agency funds to ensure continued sources of income for those agencies, with a total of 3 employees. LIA's mission is to help individuals achieve their philanthropic goals that reflect the values and interests that enhance their community.
Official website here: www.cantonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
Canton Community Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in its accountability and finance practices. With a score of 96 in this category, the foundation demonstrates impressive financial health and transparency, supported by an entirely independent board and robust oversight protocols. Important policies regarding conflict of interest, whistleblower protections, and document retention further enhance its governance structure.
The foundation excels in its program expense ratio, allocating approximately 85.74% of its budget directly to programs. This commitment to effective program implementation indicates a strong focus on its mission and community impact. Additionally, the foundation maintains a low liabilities to assets ratio of 3.51%, suggesting prudent financial management and stability.
While the accountability and finance scores are particularly strong, the culture and community score of 79 points indicates room for improvement in these areas. Enhancing engagement and equity strategies could further bolster the foundation's overall effectiveness and community presence. Overall, Canton Community Foundation Inc demonstrates a solid foundation for trust and reliability in its operations and mission.
This AI summary has been generated from information found on Charity Navigator.
Is Canton Community Foundation Inc legitimate?
Canton Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canton 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: $96,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,462
For more financial information, click here
Official website here: www.cantonfoundation.org
What is the mission statement of Canton Community Foundation Inc?
The Canton Community Foundation Inc's mission is centered around assisting individuals in achieving their philanthropic goals, aligning with their personal values and interests, thereby positively impacting their community. Acting as the Local Impact Alliance (LIA) in Canton, Plymouth, Westland, and surrounding areas, the foundation recognizes the distinct roles of various initiatives and prominently highlights their unique interests.
The Community Foundation of Plymouth and the Westland Community Foundations focus on addressing the specific needs within their respective communities. Furthermore, the Giving Hope Women's Giving Circle endeavors to educate women about philanthropy, with a focus on addressing the needs of women and families in the region. Lastly, Eagles for Children concentrates on supporting children's charities within the region. In addition to these roles, LIA serves as a platform for community discussions, identifies grant-making opportunities, supports small, regional nonprofits in their missions, and manages nonprofit agency funds to ensure continued sources of income for these organizations.
Official website here: www.cantonfoundation.org
Who is the CEO of Canton Community Foundation Inc?
Beth Meade is the President & of Canton Community Foundation Inc.
Official website here: www.cantonfoundation.org
What is the revenue of Canton Community Foundation Inc?
Canton Community Foundation Inc's revenue in 2022 was $1,312,348.
Official website here: www.cantonfoundation.org
Who are the executives of Canton Community Foundation Inc and what are their salaries?
The average compensation at Canton Community Foundation Inc during 2022 was $40,025. There are 3 employees and 48 volunteers at Canton Community Foundation Inc.
Here are 17 key members and their salaries:
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Official website here: www.cantonfoundation.org
Where can I find the form 990 for Canton Community Foundation Inc?
Canton Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cantonfoundation.org
Learn more at the official website: www.cantonfoundation.org
Mission Statement of Canton Community Foundation Inc
The Canton Community Foundation Inc, operating under the name of the Local Impact Alliance (LIA), is dedicated to helping individuals achieve their philanthropic goals that align with the values and interests that positively impact their community. This nonprofit organization recognizes the unique functions of each initiative, ensuring that each project's interests are highlighted. The Community Foundation of Plymouth and the Westland Community Foundations focus on addressing the needs within their respective communities. Moreover, the Giving Hope, Women's Giving Circle, aims to educate women about philanthropy while addressing the needs of women and families in the region. Lastly, Eagles for Children focuses on children's charities in the region. In addition to these initiatives, the Canton Community Foundation Inc serves as a convener for community discussions, identifies grant-making opportunities, assists small, regional nonprofits in their missions, and hosts nonprofit agency funds to ensure continued sources of income for those organizations.
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Impact
July, 2024
Canton Community Foundation Inc, operating as the Local Impact Alliance (LIA), plays a crucial role in fostering philanthropy and community development in the Canton, Plymouth, Westland, and surrounding areas. Through various initiatives such as the Community Foundation of Plymouth, the Westland Community Foundation, the Giving Hope Women's Giving Circle, and Eagles for Children, the organization addresses a wide range of needs within these communities.
By serving as a convener for community discussions, identifying grant-making opportunities, supporting regional organizations in their missions, and hosting agency funds to ensure ongoing financial support, Canton Community Foundation Inc has a significant impact on the region's social and economic well-being. It empowers individuals and groups to make a difference by aligning their philanthropic goals with the values and interests that enhance their communities.
This information is meant to be a general summary of Canton 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 2022.
- Investment Income: $403,729
- Program Service Revenue: $6,205
- Gross Receipts: $1,943,109
Assets and Liabilities:
- Total Assets: $5,174,364
- Total Liabilities: $224,267
- Net Assets: $4,950,097
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$6,205
Organization Details
Founding Year
1989
Phone
(734) 495-1200Principal Officer
Beth Meade
Main Address
50430 SCHOOL HOUSE ROAD STE 200, CANTON, MI, 48187
Website
www.cantonfoundation.orgNTEE Category
Code: Z99Z - Unknown
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