Overview
What is The Community Foundation Of The Holland/Zeeland Area Inc?
The Community Foundation of Holland/Zeeland Area Inc, located in Holland, Michigan, is a nonprofit organization dedicated to building a thriving community now and in the future. They achieve this goal by managing charitable contributions on behalf of donors, as well as making strategic grants through their competitive grantmaking program. This program supports high-impact projects implemented by organizations with the capacity to deliver on project goals. In 2022, some of the key projects they supported included the Holland/Zeeland Promise Scholarship, Housing Next, Strengthening the Nonprofit Sector Programming, Community Stabilization Fund, Line of Credit Guarantee Program, and NNICE Equitable Vaccine Access Program. The Community Foundation's mission is to ensure the community prospers by growing the community's endowment for high-impact charitable projects, helping donors achieve their charitable objectives, and leading and partnering in community-level initiatives. The organization has a team of 12 employees.
Official website here: www.cfhz.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
The Community Foundation of the Holland/Zeeland Area Inc has achieved a remarkable 97% score from Charity Navigator, highlighting its strong accountability and financial practices. With a perfect score in key areas such as board independence, financial oversight, and efficient use of funds, the organization demonstrates a commitment to transparency and responsible management of resources. Its high program expense ratio and minimal liabilities further emphasize its financial health and capacity to support community initiatives effectively.
User feedback from GreatNonprofits reinforces the foundation's positive impact on the local community, with donors appreciating its comprehensive philanthropic services and personalized approach. One donor particularly praised the organization's role in funding significant local projects and noted its long-standing presence since 1951. This historical background adds credibility to its operations, showcasing the foundation's dedication to addressing community needs over the decades.
While the organization enjoys a strong reputation and positive reviews, ongoing community engagement and the expansion of its initiatives could enhance its impact even further. Continued support and visibility will help ensure that The Community Foundation of the Holland/Zeeland Area remains a vital resource in promoting philanthropy and addressing community challenges.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Community Foundation Of The Holland/Zeeland Area Inc legitimate?
The Community Foundation Of The Holland/Zeeland Area Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of The Holland/Zeeland Area Inc 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: $162,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $664,109
For more financial information, click here
Official website here: www.cfhz.org
What is the mission statement of The Community Foundation Of The Holland/Zeeland Area Inc?
The Community Foundation of the Holland/Zeeland Area strives to ensure the prosperity of communities today, tomorrow, and beyond. It achieves this by growing the community's endowment to fund charitable initiatives, assisting donors in achieving their philanthropic objectives, and leading and collaborating in community-focused endeavors. The organization manages charitable contributions on behalf of donors and makes strategic grants through a competitive grantmaking program to support high-impact projects. In 2022, some of the key projects it supported included the Holland/Zeeland Promise Scholarship, Housing Next, Strengthening the Nonprofit Sector Programming, Community Stabilization Fund, Line of Credit Guarantee Program, and NNICE Equitable Vaccine Access Program.
Official website here: www.cfhz.org
Who is the CEO of The Community Foundation Of The Holland/Zeeland Area Inc?
Diane Kooiker is the Board Chair of The Community Foundation Of The Holland/Zeeland Area Inc. The CEO's salary of The Community Foundation Of The Holland/Zeeland Area Inc is $162,750 and their total compensation is $162,750.
Official website here: www.cfhz.org
What is the revenue of The Community Foundation Of The Holland/Zeeland Area Inc?
The Community Foundation Of The Holland/Zeeland Area Inc's revenue in 2022 was $25,887,154.
Official website here: www.cfhz.org
Who are the executives of The Community Foundation Of The Holland/Zeeland Area Inc and what are their salaries?
The average compensation at The Community Foundation Of The Holland/Zeeland Area Inc during 2022 was $68,905. There are 12 employees and 200 volunteers at The Community Foundation Of The Holland/Zeeland Area Inc.
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Official website here: www.cfhz.org
Where can I find the form 990 for The Community Foundation Of The Holland/Zeeland Area Inc?
The Community Foundation Of The Holland/Zeeland Area Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfhz.org
Learn more at the official website: www.cfhz.org
Mission Statement of The Community Foundation Of The Holland/Zeeland Area Inc
The Community Foundation of the Holland/Zeeland Area is a philanthropic organization dedicated to ensuring the continued prosperity of the community, now and in the future. Through building the community's endowment, the foundation supports high-impact charitable projects and helps donors achieve their charitable goals. Beyond managing charitable contributions on behalf of donors, the foundation also makes strategic grants through its competitive grantmaking program. The foundation focuses on projects implemented by organizations with the capacity to successfully deliver on their goals. In 2022, some of the key projects the foundation supported included the Holland/Zeeland Promise Scholarship, Housing Next, Strengthening the Nonprofit Sector Programming, Community Stabilization Fund, Line of Credit Guarantee Program, and the NNICE Equitable Vaccine Access Program. These grants aim to make a significant impact on the community.
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Impact
October, 2024
The Community Foundation of the Holland/Zeeland Area plays a vital role in enhancing the quality of life for residents in the region. By building and managing a robust community endowment, it ensures the ongoing support of impactful charitable projects that address the needs of the community both now and into the future.
Through a competitive grantmaking program, the foundation strategically invests in initiatives that show promise and capacity for significant results. In 2022, it supported key projects such as the Holland/Zeeland Promise Scholarship, which aims to make education accessible to local students, and the Housing Next initiative, focused on addressing housing challenges in the area. Additionally, programs like the Community Stabilization Fund and the Line of Credit Guarantee Program contribute to the region’s economic resilience, while the NNICE Equitable Vaccine Access Program has improved health equity in response to community needs.
By partnering with local organizations and providing strategic oversight, the foundation amplifies the impact of community initiatives, ensuring that charitable efforts align with the community's goals and challenges. In essence, it fosters a thriving environment where charitable giving can lead to meaningful, sustainable change.
This information is meant to be a general summary of The Community Foundation Of The Holland/Zeeland Area Inc. 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: $3,908,875
- Gross Receipts: $56,083,794
Assets and Liabilities:
- Total Assets: $112,781,656
- Total Liabilities: $652,404
- Net Assets: $112,129,252
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Organization Details
Founding Year
1951
Phone
(616) 396-6590Principal Officer
Diane Kooiker
Main Address
85 EAST 8TH STREET SUITE 110, HOLLAND, MI, 49423
Website
www.cfhz.orgNTEE Category
Code: T30 - Philanthropy
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