Overview
What is The Edina Community Foundation?
The Edina Community Foundation serves as a charitable and educational entity, primarily benefiting the city of Edina and various local civic groups. Established with a mission to unite individuals for the betterment of the community, the foundation operates from an address in Edina, Minnesota. It functions as a centralized platform for accepting donations and distributing grants, aiming to strengthen and support the local community. The foundation employs a team of six dedicated individuals, who work towards achieving this mission through various charitable activities.
Official website here: www.edinacommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Edina Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation scored 96% in its Accountability & Finance, reflecting strong governance practices and financial management. Notably, 92% of its board members are independent, which enhances its organizational integrity and commitment to serving the community.
The foundation's fiscal responsibility is evident, with a program expense ratio of 82.82%, meaning a substantial portion of its funds directly supports its initiatives. Additionally, its liabilities to assets ratio stands at a low 1.54%, demonstrating sound financial stability. The foundation has robust policies in place, including conflict of interest, whistleblower protections, and document retention guidelines, contributing to transparency and trustworthiness.
While the foundation excels in many areas, it is essential for potential donors to remain engaged and informed about its ongoing projects and community impact. Overall, The Edina Community Foundation showcases exemplary practices that foster confidence among supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Edina Community Foundation?
The Edina Community Foundation has received positive input from its reviewers, highlighting the meaningful impact it has on the Edina community. Although there are only two reviews available, both suggest a strong endorsement of the foundation's initiatives.
One reviewer emphasized the foundation's role in creating opportunities and positive changes within Edina, underlining a sense of community service and celebration that resonates with local residents. This sentiment reflects an appreciation for the foundation's mission and the outcomes it facilitates.
Overall, while the rating count is still developing, the existing reviews convey a dedication to fostering growth and connectivity in Edina, showcasing the foundation as a valuable community resource.
This AI summary has been generated from reviews found on Facebook.
Is The Edina Community Foundation legitimate?
The Edina Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Edina 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: $50,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,979
For more financial information, click here
Official website here: www.edinacommunityfoundation.org
What is the mission statement of The Edina Community Foundation?
The Edina Community Foundation, established with charitable and educational objectives in mind, is dedicated to serving, strengthening, and supporting its community. Its mission is to facilitate the convergence of individuals, aiming to contribute positively to the community's well-being. The foundation operates as a central hub for accepting donations and distributing grants, benefiting the city of Edina and various local civic groups.
Official website here: www.edinacommunityfoundation.org
Who is the CEO of The Edina Community Foundation?
Alison Briggs is the Board Member of The Edina Community Foundation.
Official website here: www.edinacommunityfoundation.org
What is the revenue of The Edina Community Foundation?
The Edina Community Foundation's revenue in 2023 was $773,546.
Official website here: www.edinacommunityfoundation.org
Who are the executives of The Edina Community Foundation and what are their salaries?
The average compensation at The Edina Community Foundation during 2023 was $18,610. There are 6 employees at The Edina Community Foundation.
Here are 14 key members and their salaries:
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Official website here: www.edinacommunityfoundation.org
Where can I find the form 990 for The Edina Community Foundation?
The Edina Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.edinacommunityfoundation.org
Learn more at the official website: www.edinacommunityfoundation.org
Mission Statement of The Edina Community Foundation
The Edina Community Foundation, with its mission statement, aims to foster unity among its community members to serve, strengthen, and support the local area. This organization serves as a central hub, receiving charitable contributions and distributing grants for the benefit of the city of Edina and various local civic groups. Their mission is geared towards bringing people together, fostering a sense of community, and providing resources that uplift and enhance the quality of life for its residents.
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Impact
July, 2024
The Edina Community Foundation plays a crucial role in enhancing and supporting the Edina community. It serves as a central hub for receiving donations and distributing grants to benefit the city of Edina and other local civic groups. By bringing people together to serve and strengthen the community, the foundation's impact is felt in various charitable and educational initiatives aimed at improving the quality of life in Edina. Its philanthropic efforts contribute to the overall well-being and development of the community, making it a vital resource for fostering positive change and growth in Edina.
This information is meant to be a general summary of The Edina 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 2023.
- Investment Income: $24,692
- Program Service Revenue: $63,241
- Gross Receipts: $773,546
Assets and Liabilities:
- Total Assets: $1,119,520
- Total Liabilities: $17,322
- Net Assets: $1,102,198
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
4TH JULY PARADE
Revenue
$53,910
CONNECTING WITH KIDS
Revenue
$8,320
FOUNDERS CLUB
Revenue
$511
DIVERSITY, EQUITY, INC
Revenue
$500
Organization Details
Founding Year
1977
Phone
(952) 300-2378Principal Officer
Alison Briggs
Main Address
6750 FRANCE AVENUE 220, EDINA, MN, 55435
NTEE Category
Code: T31 - Philanthropy
If you are a representative of The Edina Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.