Overview
What is Lenawee Community Foundation?
Lenawee Community Foundation is a nonprofit organization located in Adrian, Michigan, with a primary mission to enhance the quality of life for Lenawee County citizens. They achieve this by managing and distributing charitable funds through endowments, addressing both current and anticipated community needs. The organization focuses on five key areas: civic, cultural, health, education, and human services. One of their significant activities is providing educational scholarships to eligible students from Lenawee County. With a team of six dedicated individuals, Lenawee Community Foundation works tirelessly to meet the evolving needs of their community, striving to improve the health, happiness, and hope of its citizens.
Official website here: www.lenaweecf.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Lenawee Community Foundation has achieved a prestigious Four-Star rating from Charity Navigator, reflecting exceptional accountability and financial performance. This high score is based entirely on its accountability and finance metrics, signifying that the organization operates with a high level of transparency and efficiency.
Key strengths of the foundation include its fully independent board composed of 18 members, robust financial oversight, and a strong program expense ratio of 93.45%. The foundation also has a clear commitment to ethical practices, demonstrated by the presence of conflict of interest and whistleblower policies, as well as a thorough audit process with no reported material diversions of assets.
While the foundation boasts impressive financial health, with a low liabilities to assets ratio and remarkable fundraising efficiency, the evaluation did not highlight any significant weaknesses or areas for improvement. This indicates that Lenawee Community Foundation is managing its resources effectively and is well-positioned to fulfill its mission in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Lenawee Community Foundation legitimate?
Lenawee Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lenawee 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: $118,924
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,722
For more financial information, click here
Official website here: www.lenaweecf.com
What is the mission statement of Lenawee Community Foundation?
The Lenawee Community Foundation's mission is centered around improving the quality of life for its community's citizens, primarily through the creation and management of endowments. These endowments are used to identify and address both current and anticipated needs, with a focus on areas such as civic, cultural, health, education, and human services. The foundation raises funds for charitable purposes and distributes them in accordance with these areas of focus. The organization's mission also involves enhancing the health, happiness, and hope of its citizens by addressing their needs through permanent endowments. Additionally, the Lenawee Community Foundation provides educational scholarships to eligible students from Lenawee County.
Official website here: www.lenaweecf.com
Who is the CEO of Lenawee Community Foundation?
Bronna Kahle is the Director of Lenawee Community Foundation. The CEO's salary of Lenawee Community Foundation is $118,924 and their total compensation is $142,851.
Official website here: www.lenaweecf.com
What is the revenue of Lenawee Community Foundation?
Lenawee Community Foundation's revenue in 2022 was $4,704,892.
Official website here: www.lenaweecf.com
Who are the executives of Lenawee Community Foundation and what are their salaries?
The average compensation at Lenawee Community Foundation during 2022 was $56,941. There are 6 employees and 93 volunteers at Lenawee Community Foundation.
Here are 17 key members and their salaries (Lenawee Community Foundation's CEO's salary is $118,924 and their total compensation is $142,851):
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- Compensation: $118,924
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- Other: $23,927
Official website here: www.lenaweecf.com
Where can I find the form 990 for Lenawee Community Foundation?
Lenawee Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lenaweecf.com
Learn more at the official website: www.lenaweecf.com
Mission Statement of Lenawee Community Foundation
Lenawee Community Foundation, a prominent organization, is committed to enhancing the quality of life for citizens in its community primarily through endowments. By identifying and addressing both current and anticipated needs, the foundation raises, manages, and distributes funds for charitable purposes in areas such as civic, cultural, health, education, and human services. The organization's mission is to foster the health, happiness, and hope of its citizens by establishing permanent endowments that address the needs of the community. The Lenawee Community Foundation's efforts are focused on raising, managing, and distributing funds to address these community needs, thereby contributing significantly to the betterment of the community as a whole. Additionally, the foundation provides educational scholarships to eligible students from Lenawee County, furthering its commitment to supporting the community's future generations.
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Impact
July, 2024
Lenawee Community Foundation's impact is felt through its efforts to enhance the quality of life for citizens of Lenawee County. By identifying and addressing current and anticipated needs in areas such as civic engagement, cultural enrichment, health initiatives, education support, and human services, the foundation works to create a positive and lasting impact on the community. Additionally, their provision of educational scholarships to eligible students from Lenawee County further contributes to the development and success of individuals within the region. Through their mission to enhance health, happiness, and hope through permanent endowments, Lenawee Community Foundation plays a vital role in supporting the well-being and prosperity of the community.
This information is meant to be a general summary of Lenawee 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: $1,650,201
- Gross Receipts: $18,500,361
Assets and Liabilities:
- Total Assets: $30,931,910
- Total Liabilities: $1,406,439
- Net Assets: $29,525,471
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Organization Details
Founding Year
1959
Phone
(517) 263-4696Principal Officer
Bronna Kahle
Main Address
1440 W MAUMEE STREET, ADRIAN, MI, 49221
Website
www.lenaweecf.comNTEE Category
Code: T31 - Philanthropy
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