Overview
What is Marion Area Community Foundation?
The Marion Area Community Foundation is a nonprofit organization situated in Marion, Wisconsin, specifically at 230 Mavis Road. Its primary objective is to enhance the local community's quality of life by guiding the allocation of donor-advised funds towards eligible organizations that align with its mission. The foundation's mission is to support community causes and organizations within the Marion-area, aiming to make a positive impact on the lives of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Marion Area Community Foundation has received a 73% rating from Charity Navigator, which indicates a moderate level of accountability and finance management. The organization scores particularly well in areas such as having a majority of independent board members and a favorable liabilities to assets ratio, suggesting sound financial practices. Their program expense ratio is also notably high, indicating that a substantial portion of their expenditures goes directly towards their programs.
However, there are significant concerns regarding governance policies. The foundation lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which all received zero points. Additionally, the absence of their tax forms on the nonprofit's website may hinder transparency and accountability efforts.
While the foundation shows strong financial health, the missing governance policies highlight areas for improvement that could enhance their overall effectiveness and trustworthiness with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Marion Area Community Foundation legitimate?
Marion Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion Area 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Marion Area Community Foundation?
The Marion Area Community Foundation's mission is centered around enhancing the quality of life in its community. It accomplishes this by providing support to various local causes and organizations. The organization's primary objective is to serve as a catalyst, guiding donor-advised funds towards eligible community organizations. By doing so, it aims to contribute positively to the community's well-being and development.
Who is the CEO of Marion Area Community Foundation?
Thomas Pamperin is the Director/Vice President of Marion Area Community Foundation.
What is the revenue of Marion Area Community Foundation?
Marion Area Community Foundation's revenue in 2022 was $66,259.
Who are the executives of Marion Area Community Foundation and what are their salaries?
There 5 volunteers at Marion Area Community Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Marion Area Community Foundation?
Marion Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marion Area Community Foundation
The Marion Area Community Foundation, as an organization, is committed to enriching the quality of life in its community by providing support to various causes and organizations. Its mission is centered around this goal, aiming to uplift the community by channeling donor-advised funds towards eligible organizations. By taking on this role, the Marion Area Community Foundation plays a significant part in shaping the well-being of its community, fostering growth and development through its philanthropic activities.
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Impact
August, 2024
Marion Area Community Foundation's impact is seen in its commitment to enriching the quality of life in the Marion area through the support of community causes and organizations. By facilitating the direction of donor-advised funds towards eligible organizations, the foundation plays a vital role in addressing various needs and driving positive change within the community. Through its philanthropic efforts, the Marion Area Community Foundation has significantly contributed to enhancing the well-being and sustainability of the Marion area, making a tangible difference in the lives of many individuals and organizations.
This information is meant to be a general summary of Marion Area 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: $244
- Gross Receipts: $66,259
Assets and Liabilities:
- Total Assets: $218,735
- Total Liabilities: $0
- Net Assets: $218,735
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Organization Details
Founding Year
2002
Phone
(715) 754-2535Principal Officer
Thomas Pamperin
Main Address
230 Mavis Road, Marion, WI, 54950
NTEE Category
Code: T31 - Philanthropy
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