Overview
What is Keweenaw Community Foundation?
The Keweenaw Community Foundation is a charitable organization situated in the Keweenaw Peninsula. Their primary objective is to foster philanthropy and establish long-term endowments, drawing support from a diverse group of donors. By managing these endowments effectively, the foundation aims to grant funds for projects that contribute positively to the local community's overall wellbeing and quality of life. The Keweenaw Community Foundation serves as a vital catalyst for philanthropic activities that ultimately uplift and enrich the lives of its residents.
Official website here: www.keweenawcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
The Keweenaw Community Foundation has earned a Three-Star rating from Charity Navigator, reflecting a solid overall score of 85%. This rating indicates a strong performance in accountability and finance, with an impressive score of 84 in this category. The organization boasts a fully independent board and has established thorough policies for conflict of interest, whistleblowing, and document retention, which enhances its credibility and governance.
In terms of financial health, the foundation has a favorable liabilities to assets ratio of 42.22%. However, its program expense ratio of 59.59% suggests that while the foundation is active in fulfilling its mission, there may be room for improvement in allocating expenses directly towards programs. The organization's commitment to transparency and responsible management is noteworthy.
On the cultural and community engagement front, the foundation excels with a perfect score of 100. This reflects its effective feedback collection and usage practices, indicating a strong connection with its community stakeholders. Overall, the Keweenaw Community Foundation demonstrates a commendable balance of accountability and community responsiveness, though enhancements in program funding could further bolster its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Keweenaw Community Foundation legitimate?
Keweenaw Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keweenaw 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.keweenawcommunityfoundation.org
What is the mission statement of Keweenaw Community Foundation?
The Keweenaw Community Foundation's mission is centered around fostering philanthropy and managing permanent endowments from various donors. Their primary objective is to grant charitable funds that aim to improve the overall quality of life within their community. By doing so, they contribute to making significant strides in enhancing the well-being of the people in the Keweenaw Peninsula. The foundation's activities consist of promoting philanthropy, establishing and managing endowments, and distributing grants that contribute to community development and betterment.
Official website here: www.keweenawcommunityfoundation.org
Who is the CEO of Keweenaw Community Foundation?
Andy Costic is the Board Chair of Keweenaw Community Foundation.
Official website here: www.keweenawcommunityfoundation.org
What is the revenue of Keweenaw Community Foundation?
Keweenaw Community Foundation's revenue in 2023 was $62,812.
Official website here: www.keweenawcommunityfoundation.org
Who are the executives of Keweenaw Community Foundation and what are their salaries?
There 11 volunteers at Keweenaw Community Foundation.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.keweenawcommunityfoundation.org
Where can I find the form 990 for Keweenaw Community Foundation?
Keweenaw Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.keweenawcommunityfoundation.org
Learn more at the official website: www.keweenawcommunityfoundation.org
Mission Statement of Keweenaw Community Foundation
The Keweenaw Community Foundation, a philanthropic organization, is committed to fostering a culture of giving and managing perpetual endowments sourced from a diverse array of contributors. Its primary objective is to grant charitable funds that contribute to improving the overall quality of life within the Keweenaw Peninsula. By fulfilling this mission, the foundation serves as a catalyst for community development and enhancement, empowering various sectors to thrive and prosper.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Keweenaw Community Foundation's impact is significant in enhancing the quality of life in the Keweenaw Peninsula through promoting philanthropy, managing endowments, and awarding charitable grants.
This information is meant to be a general summary of Keweenaw 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 2023.
- Investment Income: $53,752
- Gross Receipts: $117,798
Assets and Liabilities:
- Total Assets: $836,542
- Total Liabilities: $353,230
- Net Assets: $483,312
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Phone
(906) 482-9673Principal Officer
Andy Costic
Main Address
PO Box 265, Hancock, MI, 49930
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Keweenaw Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.