Overview
What is Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn?
The Community Foundation of Greater Des Moines, formerly known as Greater Des Moines Community Foundation, is a local nonprofit dedicated to bringing together individuals, families, businesses, and organizations to establish charitable funds that benefit causes and communities indefinitely. They aim to enhance the quality of life for all by fostering charitable giving, bridging donors with causes they care about, and offering leadership on critical community issues. With a team of 38 employees, the foundation is recognized for its compliance with national community foundation standards. Through expert advice, charitable giving tools, professional investment management, and tax advantages, the Community Foundation of Greater Des Moines managed over 2,400 charitable component funds and granted over $64 million to charitable causes in 2022.
Official website here: www.desmoinesfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Community Foundation of Greater Des Moines has earned a perfect rating of 100%, reflecting its strong commitment to accountability and transparency. With a program expense ratio of 99.42%, the organization demonstrates efficient use of funds directed towards its programs. Additionally, it boasts a fully independent board, which enhances its governance and decision-making processes.
The organization excels in various operational metrics such as a working capital ratio of 11.30 years and a fundraising efficiency ratio indicating no fundraising costs, which suggests a high level of operational effectiveness. Furthermore, the foundation has a comprehensive range of policies in place, including conflict of interest and whistleblower policies, ensuring robust oversight and ethical conduct.
Despite its many strengths, the available data does not highlight any notable limitations or areas for improvement. The foundation's impact is significant, having reached 1,392 beneficiaries in the past operational year, which underscores its effectiveness in serving the community. Overall, the Community Foundation of Greater Des Moines stands out as a highly effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn legitimate?
Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn 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: $650,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,303,008
For more financial information, click here
Official website here: www.desmoinesfoundation.org
What is the mission statement of Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn?
The Community Foundation of Greater Des Moines enhances community welfare by fostering charitable giving and bridging donors with causes they are passionate about. By providing leadership on significant community issues, the organization aims to bring about positive change for all. The Community Foundation facilitates the creation of charitable funds for long-term benefits, offering expert advice, giving tools, professional investment management, and maximum tax advantages. With over 2,400 charitable component funds under its administration, the organization granted over $64 million to charitable causes in 2022 through its grantmaking programs and donor funds.
Official website here: www.desmoinesfoundation.org
What is the revenue of Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn?
Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn's revenue in 2023 was $109,094,031.
Official website here: www.desmoinesfoundation.org
Who are the executives of Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn and what are their salaries?
The average compensation at Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn during 2023 was $73,837. There are 40 employees and 651 volunteers at Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn.
Here are 37 key members and their salaries:
- Compensation: $325,069
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- Other: $74,328
- Compensation: $212,402
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- Other: $38,679
- Compensation: $161,443
- Related: $0
- Other: $31,041
- Compensation: $157,949
- Related: $0
- Other: $23,858
- Compensation: $146,244
- Related: $0
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Official website here: www.desmoinesfoundation.org
Where can I find the form 990 for Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn?
Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.desmoinesfoundation.org
Learn more at the official website: www.desmoinesfoundation.org
Mission Statement of Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn
The Community Foundation of Greater Des Moines, a leading charitable organization, is dedicated to enhancing the quality of life for all by promoting charitable giving, connecting donors with causes they care about, and providing leadership on important community issues. This mission statement encapsulates the organization's commitment to fostering a better future for everyone within its reach.
By establishing charitable giving funds, the Community Foundation of Greater Des Moines bridges the gap between generous donors and worthy causes. It not only facilitates philanthropy but also provides expert advice, charitable giving tools, professional investment management, and maximum tax advantages to help donors achieve their giving goals. With over 2,400 charitable component funds under its administration, this organization has become a catalyst for positive change within the community.
Through its grantmaking programs and donor funds, the Community Foundation of Greater Des Moines channeled over $64 million towards charitable causes in 2022. This significant investment speaks volumes about the organization's impact on the community and its unwavering dedication to improving lives. By serving as a bridge between donors and causes, the Community Foundation of Greater Des Moines is making a difference, one grant at a time.
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Impact
October, 2024
The Community Foundation of Greater Des Moines makes a significant impact by enhancing the quality of life for individuals and families in the region. It promotes charitable giving, effectively linking generous donors with the causes they are passionate about, ensuring that their contributions make a meaningful difference.
By managing over 2,400 charitable component funds, the foundation serves as a steward for community funds, advocating for various charitable initiatives. In 2022 alone, more than $64 million was granted to support diverse causes through its grantmaking programs, which underscores its commitment to addressing pressing community issues.
The foundation provides expert guidance and tools for charitable giving, helping individuals, families, and businesses achieve their philanthropic goals while maximizing tax advantages. This strategic approach not only encourages a culture of giving but also ensures that charitable funds are invested wisely, ultimately benefiting the community forever.
Through its leadership on important community matters, the foundation fosters collaboration among donors, organizations, and local communities, reinforcing the belief that collective efforts lead to stronger outcomes. The Community Foundation of Greater Des Moines exemplifies how philanthropic initiatives can create lasting change and advance the well-being of the entire community.
This information is meant to be a general summary of Community Fdn Of Greater Des Moines F/K/A Greater Des Moines Community Fdn. 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: $18,629,771
- Program Service Revenue: $560,252
- Gross Receipts: $276,737,519
Assets and Liabilities:
- Total Assets: $706,043,341
- Total Liabilities: $21,652,650
- Net Assets: $684,390,691
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$560,252
Organization Details
Founding Year
1969
Principal Officer
Kristine Knous
Website
www.desmoinesfoundation.orgNTEE Category
Code: T310 - Philanthropy
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