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Incourage Community Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391772651 ✦ Wisconsin rapids, WI ✦ Designated as a 501(c)(3)

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Overview

What is Incourage Community Foundation Inc?

Incourage Community Foundation Inc is a values-driven, user-centered, and place-based philanthropic organization based in Central Wisconsin. With a mission rooted in equity, opportunity, shared stewardship, and social justice, Incourage collaborates with local residents, businesses, and civic leaders to cultivate an inclusive, adaptive, and sustainable community that benefits all its people. Established in 1993, the foundation has evolved to address the evolving needs of the region, now functioning as a multifaceted entity in community development, serving as a steward, advocate, convener, moderator, trainer, researcher, grant-maker, investor, and fundraiser. In 2022, Incourage approved 210 grants benefiting 86 tax-exempt organizations, and awarded 176 scholarships totaling $183,750. The foundation supports various community initiatives, such as safety equipment for boxing clubs and art workshops at domestic abuse shelters, aligning its grantmaking strategies with programs that promote collective resources and community involvement.


Official website here: www.incouragecf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91%, Four-Star out of Four Star rating

Incourage Community Foundation Inc has received a strong 91% rating from Charity Navigator, reflecting its commitment to accountability and financial health. The organization has achieved a remarkable 90% in the Accountability & Finance category, showcasing robust governance practices, including a 100% independent board and comprehensive audit oversight. Their financial practices are transparent, with no reported material diversion of assets and an excellent program expense ratio of 84.46%.

In addition to its financial strengths, the foundation scores well in the Culture & Community category with an 83% rating. This indicates a focus on equity strategies, which suggests that the organization is actively working to promote inclusivity and community engagement. The foundation's commitment to ethical standards is apparent through established policies on conflict of interest and whistleblower protections.

However, while the organization excels in financial and governance metrics, the overall focus on culture and community, though commendable, could be an area for potential growth. Enhancing programs that positively impact societal equity could further elevate their standing. Overall, Incourage Community Foundation Inc demonstrates strong fiscal responsibility and a commitment to community values, making it a reputable choice for donors.


This AI summary has been generated from information found on Charity Navigator.

Is Incourage Community Foundation Inc legitimate?

Incourage Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Incourage Community Foundation 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: $149,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,368

For more financial information, click here


Official website here: www.incouragecf.org

What is the mission statement of Incourage Community Foundation Inc?

Incourage Community Foundation Inc, guided by values of equity, opportunity, shared stewardship, and social justice, partners with residents, businesses, and civic leaders in a rural community to co-create an inclusive, adaptive, and sustainable environment that benefits all individuals. Established as a traditional community foundation in 1993, Incourage has evolved into an innovative nonprofit, driven by the community's needs. Over nearly three decades, the organization has adapted its work to address the intricate challenges of a region recovering from disinvestment. Today, Incourage plays various roles in community development, acting as a steward, advocate, convenor, moderator, trainer, researcher, grant-maker, investor, and fundraiser. The foundation operates under the belief that people are its most significant asset, and positive community change occurs when systemic barriers to participation and engagement are eliminated, enabling every person and the community to maximize their potential.


Official website here: www.incouragecf.org

Who is the CEO of Incourage Community Foundation Inc?

Betsy Wood is the Director/Chair of Incourage Community Foundation Inc.


Official website here: www.incouragecf.org

What is the revenue of Incourage Community Foundation Inc?

Incourage Community Foundation Inc's revenue in 2022 was $1,371,965.


Official website here: www.incouragecf.org

Who are the executives of Incourage Community Foundation Inc and what are their salaries?

The average compensation at Incourage Community Foundation Inc during 2022 was $29,609. There are 7 employees and 75 volunteers at Incourage Community Foundation Inc.


Here are 6 key members and their salaries:


Kristopher Gasch (Director/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Bikowski (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Anderson (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Rauter-Egge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Wood (Managing Director)
  • Compensation: $69,850
  • Related: $0
  • Other: $13,482
Dawn Neuman (Chief Financial Officer)
  • Compensation: $49,367
  • Related: $0
  • Other: $22,540


Official website here: www.incouragecf.org

Where can I find the form 990 for Incourage Community Foundation Inc?

Incourage Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.incouragecf.org

Learn more at the official website: www.incouragecf.org

Mission Statement of Incourage Community Foundation Inc

Incourage Community Foundation Inc, guided by values of equity, opportunity, shared stewardship, and social justice, partners with residents, businesses, and civic leaders in rural Central Wisconsin. This values-led, user-centered, place-based philanthropic and community development organization promotes community-led philanthropy, aiming to build an inclusive, adaptive, and sustainable community that works well for all people.

Founded as a traditional community foundation in 1993, Incourage has evolved into an innovative nonprofit, dedicated to and led by the people of Central Wisconsin. Over almost three decades, Incourage has adapted its work to meet the complex needs of a region recovering from significant disinvestment. Today, Incourage plays multiple roles in community development: steward, advocate, convener, moderator, trainer, researcher, grant-maker, investor, and fundraiser. The organization operates from a central belief that people are its most important asset, and that positive community change happens when systematic barriers to participation and engagement are eliminated, enabling every person and the community to realize the power of their full potential.

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Impact




July, 2024

Incourage Community Foundation Inc's impact is guided by values of equity, opportunity, shared stewardship, and social justice. It partners with residents, businesses, and civic leaders in rural Central Wisconsin to co-create an inclusive, adaptive, and sustainable community that works well for all people. Through its strategic philanthropy efforts, Incourage promotes collective and strategic giving in the South Wood County area, benefiting numerous tax-exempt organizations and scholarship recipients. It supports a wide range of community initiatives, from enhancing local facilities to providing educational opportunities and promoting youth leadership training. By aligning its grantmaking strategies with its mission and values, Incourage fosters community-specific frameworks that drive systemic change and increased community engagement.




This information is meant to be a general summary of Incourage Community Foundation 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.

Revenue
$1,371,965 (2022)
Expenses
$1,411,159 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $964,110
  • Program Service Revenue: $300
  • Gross Receipts: $6,857,569

Assets and Liabilities:

  • Total Assets: $28,763,253
  • Total Liabilities: $1,641,534
  • Net Assets: $27,121,719

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM AND FACILITATION SERVICES

Revenue

$300

Organization Details

Founding Year

1993

Principal Officer

Betsy Wood

Main Address

478 E GRAND AVENUE 200, WISCONSIN RAPIDS, WI, 54494

NTEE Category

Code: T31 - Philanthropy

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