Overview
What is Branch County Community Foundation?
The Branch County Community Foundation is a dedicated nonprofit organization situated in Coldwater, Michigan. Its primary mission is to foster and inspire community generosity and giving by connecting passionate individuals and resources. Through this collective effort, they aim to create a lasting impact in the cherished community they serve. The foundation achieves this goal by issuing grants and scholarships, thereby enhancing the overall well-being of their community. With a modest workforce of 4 employees, the Branch County Community Foundation continues to play a significant role in uplifting their local community.
Official website here: www.brcofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Branch County Community Foundation has achieved a strong 100% score, earning a prestigious Four-Star rating from Charity Navigator. This high score reflects exceptional accountability and financial health, with all metrics in the accountability category receiving full marks. Notably, the foundation has a fully independent board, solid auditing practices, and a clear conflict of interest policy, which are all positive indicators of its governance and operational integrity.
One of the organization's strengths is its impressive program expense ratio of 75.08%, suggesting that a significant portion of its expenditures directly supports its programs and mission. Additionally, the foundation maintains sound financial practices, demonstrated by a low liabilities to assets ratio of 1.69%, indicating good fiscal management and a solid foundation for its future operations.
The data does not indicate any major limitations; however, continuous transparency in financial reporting and governance practices will be essential for maintaining public trust and support. Overall, the Branch County Community Foundation appears to be a well-managed nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Branch County Community Foundation legitimate?
Branch County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Branch County 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: $54,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,801
For more financial information, click here
Official website here: www.brcofoundation.org
What is the mission statement of Branch County Community Foundation?
The Branch County Community Foundation's mission is to stimulate and inspire community generosity and giving, uniting passionate individuals and resources. Their aim is to collectively make a lasting impact in their beloved community. This is achieved through the distribution of grants and scholarships, aiming to enhance and uplift their communities as a whole.
Official website here: www.brcofoundation.org
Who is the CEO of Branch County Community Foundation?
Erica Heminger is the Chair of Branch County Community Foundation.
Official website here: www.brcofoundation.org
What is the revenue of Branch County Community Foundation?
Branch County Community Foundation's revenue in 2022 was $1,129,999.
Official website here: www.brcofoundation.org
Who are the executives of Branch County Community Foundation and what are their salaries?
The average compensation at Branch County Community Foundation during 2022 was $29,138. There are 4 employees and 65 volunteers at Branch County Community Foundation.
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- Compensation: $52,177
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- Other: $1,556
Official website here: www.brcofoundation.org
Where can I find the form 990 for Branch County Community Foundation?
Branch County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brcofoundation.org
Learn more at the official website: www.brcofoundation.org
Mission Statement of Branch County Community Foundation
The Branch County Community Foundation, with a deep sense of love for its community, stimulates and encourages philanthropy and giving. It accomplishes this by bringing together like-minded individuals and resources, collectively working towards making a lasting impact in the community. The mission of this organization is to enhance the local communities by distributing grants and scholarships. This strategic approach allows the foundation to contribute significantly to the betterment of its community, fostering a sense of progress and development.
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Impact
July, 2024
Branch County Community Foundation promotes and inspires community generosity and giving in Coldwater, MI. Through the issuance of grants and scholarships, they enhance their communities and make an enduring difference. Their work brings together passionate people and resources to create a positive impact on the community they love.
This information is meant to be a general summary of Branch County 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: $669,452
- Gross Receipts: $1,642,891
Assets and Liabilities:
- Total Assets: $7,764,626
- Total Liabilities: $133,365
- Net Assets: $7,631,261
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Organization Details
Founding Year
1991
Phone
(517) 278-4517Principal Officer
Erica Heminger
Main Address
2 W CHICAGO ST E-1, COLDWATER, MI, 49036
Website
www.brcofoundation.orgNTEE Category
Code: T31Z - Philanthropy
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