Overview
What is Kalamazoo Community Foundation?
The Kalamazoo Community Foundation, located at 402 East Michigan Avenue, Kalamazoo, MI 49007, is a charitable organization dedicated to promoting equity in Kalamazoo County. With a team of 47 employees, the foundation mobilizes people, resources, and expertise to address racial, social, and economic injustices, striving to make Kalamazoo County an equitable place to live. Through unlimited funds, the community foundation is able to tackle the most pressing needs and emergencies, ensuring innovative solutions for community challenges.
Official website here: www.kalfound.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Kalamazoo Community Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance, as well as culture and community. The organization excels particularly in its governance, with a fully independent board and robust financial oversight mechanisms, showcasing a commitment to transparency and ethical practices.
Strengths noted include an impressive program expense ratio of 82.09%, which reflects a high percentage of funds being utilized for direct programs. Additionally, the foundation demonstrates effective feedback collection and usage processes, scoring 100% in these areas, indicating that it actively engages with the community and responds to their needs.
While the foundation showcases numerous strengths, the data does not highlight any significant limitations or areas for improvement. Overall, the Kalamazoo Community Foundation appears to be a well-managed organization with strong governance practices, effectively serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Kalamazoo Community Foundation?
100% of the six reviewers on Facebook recommend the Kalamazoo Community Foundation. Here is a summary of their reviews:
The feedback highlights a profound appreciation for the Kalamazoo Community Foundation's support and belief in local talent and initiatives. One reviewer shared a personal experience of how the foundation empowered their artistic endeavors, crediting it for significant personal and professional success. The reviewers express gratitude for the foundation's unwavering commitment to helping individuals and organizations thrive in the community.
Overall, the sentiment conveyed is one of deep satisfaction and endorsement for the foundation's role in fostering opportunities and supporting local projects. It seems that the Kalamazoo Community Foundation significantly enhances the lives of those it engages with, reinforcing the importance of community connections and support.
This AI summary has been generated from reviews found on Facebook.
Is Kalamazoo Community Foundation legitimate?
Kalamazoo Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kalamazoo 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: $865,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,617,541
For more financial information, click here
Official website here: www.kalfound.org
What is the mission statement of Kalamazoo Community Foundation?
The Kalamazoo Community Foundation is committed to advancing racial, social, and economic justice. They mobilize people, resources, and expertise to address these issues and strive to make their community the most equitable place to live. Unrestricted funds established by donors enable the foundation to respond to the community's most pressing needs, act swiftly during emergencies, and foster innovative solutions to meet the vision of an equitable society.
Official website here: www.kalfound.org
Who is the CEO of Kalamazoo Community Foundation?
Karen Young is the Chair/Trustee of Kalamazoo Community Foundation. The CEO's salary of Kalamazoo Community Foundation is $0 and their total compensation is $0.
Official website here: www.kalfound.org
What is the revenue of Kalamazoo Community Foundation?
Kalamazoo Community Foundation's revenue in 2022 was $41,967,790.
Official website here: www.kalfound.org
Who are the executives of Kalamazoo Community Foundation and what are their salaries?
The average compensation at Kalamazoo Community Foundation during 2022 was $74,107. There are 47 employees and 102 volunteers at Kalamazoo Community Foundation.
Here are 20 key members and their salaries (Kalamazoo Community Foundation's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $162,796
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- Other: $6,600
- Compensation: $154,143
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- Other: $12,420
- Compensation: $132,299
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- Other: $27,024
- Compensation: $135,815
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- Other: $15,787
- Compensation: $124,008
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- Other: $27,024
- Compensation: $122,745
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- Other: $9,337
- Compensation: $106,398
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- Other: $10,502
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Official website here: www.kalfound.org
Where can I find the form 990 for Kalamazoo Community Foundation?
Kalamazoo Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kalfound.org
Learn more at the official website: www.kalfound.org
Mission Statement of Kalamazoo Community Foundation
The Kalamazoo Community Foundation, a mission-driven organization, is dedicated to mobilizing people, resources, and expertise to advance racial, social, and economic justice in order to make Kalamazoo County a more equitable place to live. With a commitment to responding to the most challenging needs in the community, the Foundation is uniquely positioned to act swiftly in emergencies and facilitate innovative solutions to address local challenges.
Capitalizing on the generosity of donors, the Kalamazoo Community Foundation holds unrestricted funds that empower the organization to adapt and address various community needs. This proactive approach ensures that the Foundation remains at the forefront of making a positive impact, aligning with the vision of a fairer, more inclusive Kalamazoo County. By pooling resources and expertise, the Foundation is able to leverage its strengths to create lasting change and improve the quality of life for all its residents.
In essence, the Kalamazoo Community Foundation serves as a catalyst for progress, united in its pursuit of racial, social, and economic justice. Through its unwavering commitment to the community and its strategic use of resources, the Foundation is making a real difference, one step at a time, in the lives of those in need and in the transformation of Kalamazoo County into a more equitable place to call home.
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Impact
October, 2024
The Kalamazoo Community Foundation significantly impacts the community by mobilizing people, resources, and expertise to advance racial, social, and economic justice. Through its mission, it seeks to make Kalamazoo County the most equitable place to live.
By establishing unrestricted funds, the foundation can address the community's most pressing needs, respond to emergencies swiftly, and facilitate innovative solutions for local challenges. This flexibility allows the foundation to react effectively to evolving circumstances, ensuring that resources are allocated where they can make the greatest difference. Through these efforts, the Kalamazoo Community Foundation plays a crucial role in fostering an equitable environment for all residents.
This information is meant to be a general summary of Kalamazoo 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: $28,757,565
- Gross Receipts: $659,790,345
Assets and Liabilities:
- Total Assets: $567,971,966
- Total Liabilities: $5,375,212
- Net Assets: $562,596,754
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Organization Details
Founding Year
1995
Phone
(269) 381-4416Principal Officer
Karen Young
Main Address
402 EAST MICHIGAN AVENUE, KALAMAZOO, MI, 49007
Website
www.kalfound.orgNTEE Category
Code: T310 - Philanthropy
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