Overview
What is Sanilac County Community Foundation?
The Sanilac County Community Foundation is a nonprofit organization situated in Sandusky, Michigan, specifically at 42 Austin Street, 48471. Their primary objective is to support and advance educational, scientific, literary, cultural, and charitable causes, primarily benefiting the residents of Sanilac County. In line with this purpose, they offer grants to organizations seeking financial aid to improve the quality of life in the county. Notably, they have addressed the needs identified in the county high school's needs assessment. The Sanilac County Community Foundation plays a significant role in the local community by providing financial assistance and promoting various beneficial initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
The Sanilac County Community Foundation has received a commendable 86% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score reflects the organization's commitment to transparency and effective governance, highlighted by its fully independent board and exemplary financial oversight practices.
Strengths of the foundation include a high program expense ratio of 81.06%, demonstrating that a significant portion of its budget is allocated directly to programs rather than administrative costs. Additionally, the foundation has no material diversion of assets and maintains a low liabilities-to-assets ratio of 5.70%, which suggests prudent financial management and stability.
While the foundation exhibits strong governance and financial practices, the Three-Star rating suggests there may be areas for improvement to achieve even higher performance levels. However, overall, the organization appears to be a reliable choice for donors looking to support community development initiatives in Sanilac County.
This AI summary has been generated from information found on Charity Navigator.
Is Sanilac County Community Foundation legitimate?
Sanilac County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sanilac 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.
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What is the mission statement of Sanilac County Community Foundation?
The Sanilac County Community Foundation's primary mission is to support and promote educational, scientific, literary, cultural, and charitable purposes, primarily for the benefit of the residents in Sanilac County. This organization seeks to achieve this goal by providing grants to organizations that aim to enhance the quality of life in the area. Specifically, they have granted funds to address the needs identified in the county high school needs assessment.
Who is the CEO of Sanilac County Community Foundation?
Jennifer Kursinsky is the Co-Chair of Sanilac County Community Foundation.
What is the revenue of Sanilac County Community Foundation?
Sanilac County Community Foundation's revenue in 2022 was $863,020.
Who are the executives of Sanilac County Community Foundation and what are their salaries?
Here are 23 key members and their salaries:
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Where can I find the form 990 for Sanilac County Community Foundation?
Sanilac County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sanilac County Community Foundation
The Sanilac County Community Foundation, as outlined in its mission statement, is primarily dedicated to supporting and promoting educational, scientific, literary, cultural, and charitable purposes. This nonprofit organization aims to positively impact the lives of residents within Sanilac County. One of its key initiatives involves providing grants to organizations that seek financial assistance in improving the quality of life in the county. These grants were specifically designed to address the needs identified in the county high school needs assessment. By supporting these various sectors, the Sanilac County Community Foundation plays a significant role in fostering growth and development within the community.
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Impact
July, 2024
Sanilac County Community Foundation has a significant impact in supporting and promoting educational, scientific, literary, cultural, and charitable purposes primarily for the residents of Sanilac County. The foundation provides youth grants to organizations seeking financial assistance to enhance the quality of life in the county, addressing the needs identified in the county high school needs assessment. This support directly benefits the community by investing in education, cultural enrichment, and charitable initiatives, ultimately contributing to the advancement and well-being of Sanilac County residents.
This information is meant to be a general summary of Sanilac 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: $300,942
- Gross Receipts: $863,020
Assets and Liabilities:
- Total Assets: $8,785,706
- Total Liabilities: $501,311
- Net Assets: $8,284,395
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Organization Details
Phone
(810) 648-3634Principal Officer
Jennifer Kursinsky
Main Address
42 AUSTIN STREET, SANDUSKY, MI, 48471
NTEE Category
Code: T31 - Philanthropy
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