Overview
What is Jackson Community Foundation?
The Jackson Community Foundation is a nonprofit organization situated in Jackson, Michigan, specifically at 100 S JACKSON ST SUITE 200. Its primary role involves awarding grants to 501(c)(3) nonprofit organizations, school districts, and local government entities serving Jackson County, Michigan. The foundation focuses on six key areas for community needs and priorities, including financial stability, culture of education, healthy people, environmental quality, economic prosperity, and art, culture, and recreation. By establishing permanent endowment funds, the Jackson Community Foundation functions as both a community grantmaker and leader, connecting people and resources to strengthen and build the community, contributing positively to Jackson County for an enduring future. The organization currently employs a team of seven people.
Official website here: www.jacksoncf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Jackson Community Foundation has achieved an exemplary Four-Star rating from Charity Navigator, reflecting a perfect score of 100% in accountability and finance. This rating highlights the organization’s strong commitment to transparency and responsible financial management, making it a trustworthy choice for donors looking to support community initiatives.
Key strengths of the foundation include its majority independent board members and a sizeable board with 20 independent members, indicating a robust governance structure. The foundation has also demonstrated excellent financial health, with a program expense ratio of 84.44% and a remarkably efficient fundraising ratio of just $0.02 for every dollar raised. Such metrics signify effective allocation of resources towards fulfilling its mission.
There are no notable limitations or concerns reflected in the data, as the organization has maintained rigorous financial practices, including the absence of any material diversion of assets and a strong whistleblower policy. Overall, the Jackson Community Foundation stands out as a model of accountability and effective community service.
This AI summary has been generated from information found on Charity Navigator.
Is Jackson Community Foundation legitimate?
Jackson Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jackson 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: $145,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $238,065
For more financial information, click here
Official website here: www.jacksoncf.org
What is the mission statement of Jackson Community Foundation?
The Jackson Community Foundation's mission is centered around connecting people and resources to causes that strengthen and enhance the community. The organization achieves this by establishing permanent endowment funds, acting as a community grantmaker and leader. In doing so, they support various 501(c)(3) nonprofits, schools, and government units serving Jackson County, Michigan. The foundation has six focus areas for community needs, prioritizing grants in the areas of financial stability, education, health, environmental quality, economic prosperity, and art, culture, and recreation.
Official website here: www.jacksoncf.org
Who is the CEO of Jackson Community Foundation?
Monica Moser is the President/Ce of Jackson Community Foundation.
Official website here: www.jacksoncf.org
What is the revenue of Jackson Community Foundation?
Jackson Community Foundation's revenue in 2022 was $5,943,986.
Official website here: www.jacksoncf.org
Who are the executives of Jackson Community Foundation and what are their salaries?
The average compensation at Jackson Community Foundation during 2022 was $54,730. There are 7 employees and 154 volunteers at Jackson Community Foundation.
Here are 19 key members and their salaries:
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Official website here: www.jacksoncf.org
Where can I find the form 990 for Jackson Community Foundation?
Jackson Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jacksoncf.org
Learn more at the official website: www.jacksoncf.org
Mission Statement of Jackson Community Foundation
The Jackson Community Foundation, as a community grantmaker and leader, is committed to connecting people and resources to causes that strengthen and build the community. Their mission is to foster a positive impact in Jackson, ensuring its prosperity for generations to come. By establishing permanent endowment funds, they invest in various nonprofits, schools, and government entities serving Jackson County, Michigan. Their grantmaking priorities encompass six key areas, including financial stability, culture of education, health, environmental quality, economic prosperity, and art, culture, and recreation. The Jackson Community Foundation plays a vital role in fostering a thriving community by supporting initiatives that enhance its overall well-being.
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Impact
July, 2024
Jackson Community Foundation's impact is significant in strengthening and building the community in Jackson, Michigan. By connecting people and resources to causes that address various community needs, the foundation plays a crucial role as a community grantmaker and leader. Through its grantmaking efforts, the foundation supports nonprofit organizations, school districts, and government units serving Jackson County across six focus areas: financial stability, culture of education, healthy people, environmental quality, economic prosperity, and art, culture & recreation. This targeted approach ensures that the foundation's impact is felt in key areas that contribute to the overall well-being and development of the community.
This information is meant to be a general summary of Jackson 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: $2,223,306
- Program Service Revenue: $25,000
- Gross Receipts: $17,080,426
Assets and Liabilities:
- Total Assets: $41,945,959
- Total Liabilities: $292,277
- Net Assets: $41,653,682
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION FEE
Revenue
$25,000
Organization Details
Founding Year
1948
Phone
(517) 787-1321Principal Officer
Monica Moser
Main Address
100 S JACKSON ST SUITE 200, JACKSON, MI, 49201
Website
www.jacksoncf.orgNTEE Category
Code: T31 - Philanthropy
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