Overview
What is Door County Community Foundation?
Door County Community Foundation is a charitable organization based in Sturgeon Bay, Wisconsin, with an address at 222 North Third Ave, 54235. The foundation inspires people to give back and support the community they love by administering charitable endowment funds and awarding grants to various social, educational, scientific, religious, and other charitable organizations in Door County, Wisconsin. They employ a team of seven individuals and are dedicated to receiving and distributing funds to enhance the local community.
Official website here: www.givedoorcounty.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating on Charity Navigator)
The Door County Community Foundation has achieved a remarkable rating of 97%, earning a Four-Star designation, which reflects its strong performance in key operational areas. The rating consists primarily of a high Accountability & Finance score of 90% and a perfect Leadership & Adaptability score of 100%. The organization demonstrates exceptional governance practices, with a fully independent board and no material diversion of assets, ensuring transparency and responsible stewardship of funds.
Strengths include a robust program expense ratio of 93.67%, indicating that a significant portion of its expenses is directed toward its charitable programs rather than administrative costs. The organization also showcases strong financial health with a low liabilities to assets ratio and a favorable working capital ratio, suggesting it is well-positioned to meet its obligations and sustain its operations over the long term.
However, it is worth noting that the fundraising efficiency ratio is quite low, at $0.01, which may indicate that the organization faces challenges in generating funds relative to its expenses related to fundraising efforts. Overall, the Door County Community Foundation stands out for its accountability and sound leadership, making it a trusted choice for donors looking to support community-focused initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Door County Community Foundation legitimate?
Door County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Door County 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: $134,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,737
For more financial information, click here
Official website here: www.givedoorcounty.org
What is the mission statement of Door County Community Foundation?
The Door County Community Foundation is dedicated to inspiring people to give back and support the community they cherish. Its primary mission involves managing and distributing charitable endowment funds. The organization grants funds to various 501(C)3 and educational organizations located in Door County, Wisconsin, to help them sustain and advance their social, educational, scientific, religious, and other charitable initiatives. Additionally, the foundation offers scholarships to students, enabling them to pursue their academic goals. By providing financial assistance and resources to these organizations, the Door County Community Foundation plays a significant role in enhancing the local community.
Official website here: www.givedoorcounty.org
Who is the CEO of Door County Community Foundation?
Bret Bicoy is the President & of Door County Community Foundation.
Official website here: www.givedoorcounty.org
What is the revenue of Door County Community Foundation?
Door County Community Foundation's revenue in 2022 was $16,870,849.
Official website here: www.givedoorcounty.org
Who are the executives of Door County Community Foundation and what are their salaries?
The average compensation at Door County Community Foundation during 2022 was $49,962. There are 7 employees and 200 volunteers at Door County Community Foundation.
Here are 16 key members and their salaries:
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Official website here: www.givedoorcounty.org
Where can I find the form 990 for Door County Community Foundation?
Door County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.givedoorcounty.org
Learn more at the official website: www.givedoorcounty.org
Mission Statement of Door County Community Foundation
The Door County Community Foundation is a charitable organization dedicated to inspiring people to give back and sustain the community they cherish. Its mission is to receive and administer charitable endowment funds, and to award grants to a diverse range of social, educational, scientific, religious, and other charitable organizations based in Door County, Wisconsin. Through direct grants, the Foundation supports numerous initiatives aimed at improving the lives of local residents.
In practice, the Door County Community Foundation serves as a crucial connector between donors and the causes they care about. By pooling resources, it amplifies the impact of individual contributions and ensures that they touch the lives of those in need. The Foundation's grantmaking process is meticulous and strategic, focusing on long-term sustainability and community development. Its grants have enabled numerous organizations to flourish and make a difference in the lives of Door County residents.
Moreover, the Door County Community Foundation offers scholarships to deserving students, providing them with opportunities to pursue their education and build a brighter future. This investment in the next generation not only benefits the individuals themselves but also contributes to the overall growth and vitality of the community. In this way, the Foundation's work fosters a virtuous cycle of giving and receiving, creating lasting change and empowering the community to thrive.
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Impact
October, 2024
The Door County Community Foundation plays a pivotal role in enhancing the vibrancy of the Door County area through its commitment to inspire philanthropy and community engagement. By administering charitable endowment funds, it provides direct grants to a variety of 501(c)(3) organizations and educational entities across the region. These grants support social, educational, scientific, and religious initiatives, fostering a well-rounded community landscape.
In addition, the foundation offers scholarships to students, investing in the future generation and encouraging educational advancement. Through these efforts, the foundation not only sustains, but also actively enhances the cultural, social, and economic fabric of Door County, Wisconsin, thereby ensuring that the community continues to thrive and evolve.
This information is meant to be a general summary of Door County 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: $1,383,537
- Gross Receipts: $26,448,668
Assets and Liabilities:
- Total Assets: $41,882,878
- Total Liabilities: $10,222,999
- Net Assets: $31,659,879
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Organization Details
Phone
(920) 746-1786Principal Officer
Bret Bicoy
Main Address
222 NORTH THIRD AVE, STURGEON BAY, WI, 54235
Website
www.givedoorcounty.orgNTEE Category
Code: T31 - Philanthropy
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