Overview
What is Greater Cedar Rapids Community Foundation?
The Greater Cedar Rapids Community Foundation is a charitable organization based in Cedar Rapids, Iowa. With a team of 24 dedicated professionals, they invest in the future of Linn County by collaborating with donors and providing grants and support to local nonprofits. As a trusted philanthropic partner, they offer expert advice, professional fund management, substantial tax savings, and comprehensive knowledge of numerous Linn County nonprofits. Through their grant programs, the Community Foundation invests in innovation, sustainability, and capacity-building within the nonprofit sector. Their mission is to strengthen the community by fostering philanthropy, supporting local nonprofits addressing community needs, and convening individuals to learn, share ideas, and develop solutions for the future.
Official website here: www.gcrcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star Rating
The Greater Cedar Rapids Community Foundation has received an impressive 99% score, indicating robust performance in accountability and financial management. With a perfect score of 100 in accountability and finance, the organization demonstrates strong governance practices, including a fully independent board and comprehensive financial oversight. The foundation's program expense ratio of 87.1% shows a commitment to direct impact, while their fundraising efficiency highlights effective resource utilization.
Additionally, the foundation excels in culture and community engagement, scoring 95% in this area. Notably, it has achieved a perfect score in collecting and utilizing constituent feedback, indicating that it truly values the voices of those it serves. This engagement is further supported by its equity strategies score of 93%, reflecting a commitment to inclusive practices and policies.
While the foundation shows outstanding performance across numerous metrics, the equity data and policies have minor areas for improvement, as indicated by scores of 6 out of 7 and 5 out of 7 respectively. Overall, the Greater Cedar Rapids Community Foundation stands out as a well-managed organization dedicated to making a positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Cedar Rapids Community Foundation legitimate?
Greater Cedar Rapids Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Cedar Rapids 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: $432,795
Professional Fundraising Fees: $521
Other Salaries and Wages: $1,362,900
For more financial information, click here
Official website here: www.gcrcf.org
What is the mission statement of Greater Cedar Rapids Community Foundation?
The Greater Cedar Rapids Community Foundation plays a pivotal role in strengthening the community through philanthropy. It collaborates with donors, funders, and community partners to achieve high-impact giving. The organization supports local nonprofits by providing grants and resources to address community needs and opportunities. The Community Foundation offers expert advice, professional fund management, and tax savings to donors, while maintaining extensive knowledge of hundreds of local nonprofit organizations. Its grant programs prioritize innovation, sustainability, and capacity-building within the nonprofit sector.
Official website here: www.gcrcf.org
Who is the CEO of Greater Cedar Rapids Community Foundation?
Karla Twedt-Ball is the Senior Vp Of Programs of Greater Cedar Rapids Community Foundation. The CEO's salary of Greater Cedar Rapids Community Foundation is $223,042 and their total compensation is $254,917.
Official website here: www.gcrcf.org
What is the revenue of Greater Cedar Rapids Community Foundation?
Greater Cedar Rapids Community Foundation's revenue in 2022 was $13,077,105.
Official website here: www.gcrcf.org
Who are the executives of Greater Cedar Rapids Community Foundation and what are their salaries?
The average compensation at Greater Cedar Rapids Community Foundation during 2022 was $74,821. There are 24 employees and 218 volunteers at Greater Cedar Rapids Community Foundation.
Here are 26 key members and their salaries (Greater Cedar Rapids Community Foundation's CEO's salary is $223,042 and their total compensation is $254,917):
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- Compensation: $104,536
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- Other: $21,685
Official website here: www.gcrcf.org
Where can I find the form 990 for Greater Cedar Rapids Community Foundation?
Greater Cedar Rapids Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gcrcf.org
Learn more at the official website: www.gcrcf.org
Mission Statement of Greater Cedar Rapids Community Foundation
The Greater Cedar Rapids Community Foundation, a philanthropic organization, is dedicated to enhancing their community through charitable giving. By collaborating with donors, funders, and community partners, the Community Foundation achieves impactful philanthropy. They support local nonprofit organizations, addressing the community's needs and opportunities, and facilitate learning and idea-sharing among individuals to develop solutions for the future.
The Community Foundation serves as a key investor in the future of Linn County, Iowa. Working alongside donors, they provide grants and resources to nonprofits, ensuring the highest level of philanthropic services. These services include expert advice, professional fund management, significant tax savings, and extensive knowledge of hundreds of local nonprofit organizations. The Community Foundation's grant programs prioritize innovation, sustainability, and capacity-building within these nonprofits, ensuring they can continue making a difference in the community.
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Impact
October, 2024
Greater Cedar Rapids Community Foundation has a significant impact on the Linn County community by fostering philanthropy and funding various initiatives that enhance local organizations. By collaborating with donors and providing essential support through grants, the foundation strengthens community organizations focused on innovation, sustainability, and capacity-building.
With its commitment to high-impact philanthropy, the foundation offers expert advice and professional fund management, ensuring that donations have the maximum possible effect. Its extensive knowledge of local needs and opportunities drives meaningful partnerships that not only address immediate concerns but also invest in the future of Cedar Rapids.
Through convening discussions and facilitating the sharing of ideas among community members, the Greater Cedar Rapids Community Foundation creates a collaborative environment that empowers organizations and individuals alike to develop solutions for a thriving community.
This information is meant to be a general summary of Greater Cedar Rapids 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: $2,269,015
- Gross Receipts: $33,544,715
Assets and Liabilities:
- Total Assets: $190,014,997
- Total Liabilities: $36,843,469
- Net Assets: $153,171,528
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Organization Details
Founding Year
1987
Phone
(319) 366-2862Principal Officer
Karla Twedt-Ball
Main Address
324 3RD ST SE, CEDAR RAPIDS, IA, 524011841
Website
www.gcrcf.orgNTEE Category
Code: T31 - Philanthropy
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