Overview
What is Community Foundation Of Southern Wisconsin Inc?
The Community Foundation of Southern Wisconsin Inc, based in Janesville, Wisconsin, is a tax-exempt not-for-profit philanthropic granting organization. With 821 component funds, they support a range of charitable interests, including arts, education, the environment, health and human services, and historic preservation. During the year, they grant funds to over 300 nonprofit organizations to further their charitable initiatives. The Community Foundation of Southern Wisconsin has been recognized for meeting the highest standards for community foundations nationwide by the Community Foundations National Standards Board. Their mission involves matching personal philanthropy with community needs through grants and scholarships from both endowed and non-endowed funds. The foundation currently employs 13 individuals.
Official website here: www.cfsw.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
The Community Foundation of Southern Wisconsin Inc has demonstrated exceptional accountability and financial management, earning a remarkable 100% score in this area. Key strengths include a fully independent board of directors and a strong commitment to transparency, as evidenced by their comprehensive policies on conflict of interest and whistleblowing. The organization maintains a solid financial health profile with low liabilities and high program expense ratios, indicating efficient allocation of resources towards its mission.
While the foundation excels in financial metrics, its culture and community score of 75 reflects some areas for improvement. This rating suggests that while the organization is doing well in terms of equity strategies, there may still be opportunities to enhance community engagement and internal culture. Overall, the foundation is well-regarded for its financial integrity and governance, but it could further strengthen its impact by focusing more on community-oriented practices.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Southern Wisconsin Inc legitimate?
Community Foundation Of Southern Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Southern Wisconsin 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: $125,129
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,304
For more financial information, click here
Official website here: www.cfsw.org
What is the mission statement of Community Foundation Of Southern Wisconsin Inc?
The Community Foundation of Southern Wisconsin, Inc. is a tax-exempt, not-for-profit organization dedicated to philanthropy. It bridges personal giving with community needs through grants and scholarships from both endowed and non-endowed funds. The foundation has been recognized for meeting the highest standards in community foundation operations by the Community Foundations National Standards Board. This accreditation evaluates mission, structure, and governance; resource development; stewardship and accountability; grant making and community leadership; donor relations; and communications. The Community Foundation of Southern Wisconsin has been reaccredited until 2026.
Official website here: www.cfsw.org
Who is the CEO of Community Foundation Of Southern Wisconsin Inc?
Wyatt Jackson is the Chair of Community Foundation Of Southern Wisconsin Inc. The CEO's salary of Community Foundation Of Southern Wisconsin Inc is $105,142 and their total compensation is $116,673.
Official website here: www.cfsw.org
What is the revenue of Community Foundation Of Southern Wisconsin Inc?
Community Foundation Of Southern Wisconsin Inc's revenue in 2022 was $12,866,517.
Official website here: www.cfsw.org
Who are the executives of Community Foundation Of Southern Wisconsin Inc and what are their salaries?
The average compensation at Community Foundation Of Southern Wisconsin Inc during 2022 was $37,803. There are 13 employees and 459 volunteers at Community Foundation Of Southern Wisconsin Inc.
Here are 17 key members and their salaries (Community Foundation Of Southern Wisconsin Inc's CEO's salary is $105,142 and their total compensation is $116,673):
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- Compensation: $105,142
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Official website here: www.cfsw.org
Where can I find the form 990 for Community Foundation Of Southern Wisconsin Inc?
Community Foundation Of Southern Wisconsin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfsw.org
Learn more at the official website: www.cfsw.org
Mission Statement of Community Foundation Of Southern Wisconsin Inc
The Community Foundation of Southern Wisconsin, Inc. serves as a philanthropic granting organization, bridging the gap between personal generosity and community requirements. This tax-exempt not-for-profit entity is dedicated to allocating resources from both endowed and non-endowed funds towards local needs through grants and scholarships.
The Community Foundation of Southern Wisconsin, Inc. has gained recognition for its adherence to the highest standards in community foundation operations. This distinction, bestowed by the Community Foundations National Standards Board, evaluates an organization's mission, structure, governance, resource development, stewardship and accountability, grant making and community leadership, donor relations, and communications. With its reaccreditation until 2026, the Community Foundation of Southern Wisconsin, Inc. continues to demonstrate its commitment to transparency, integrity, and accountability within the philanthropic sector.
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Impact
October, 2024
The Community Foundation of Southern Wisconsin Inc plays an essential role in enhancing the quality of life in the region by strategically addressing community needs through philanthropy. With 821 component funds, it supports a diverse range of charitable interests, including arts, education, health, environment, and historic preservation.
In the past year, the foundation has provided grants to over 309 organizations, enabling them to carry out vital programs and services that benefit the community. By matching individual philanthropy with local needs, it fosters a culture of giving and collaboration among residents and organizations in Janesville and beyond.
The foundation has also achieved national recognition for its operational excellence, having met the highest standards set by the Community Foundations National Standards Board. This accreditation highlights its commitment to quality, integrity, and accountability in grant making and community leadership. Through its efforts, the Community Foundation of Southern Wisconsin Inc not only addresses immediate needs but also invests in the long-term well-being and sustainability of the community.
This information is meant to be a general summary of Community Foundation Of Southern Wisconsin 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: $5,296,548
- Program Service Revenue: $807,788
- Gross Receipts: $45,668,019
Assets and Liabilities:
- Total Assets: $72,404,533
- Total Liabilities: $6,055,097
- Net Assets: $66,349,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$807,788
Organization Details
Founding Year
1991
Phone
(608) 758-0883Principal Officer
Wyatt Jackson
Main Address
121 N PARKER DR, JANESVILLE, WI, 53545
Website
www.cfsw.orgNTEE Category
Code: T31 - Philanthropy
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