Overview
What is Truman Heartland Community Foundation?
The Truman Heartland Community Foundation, established over four decades ago, has been instrumental in promoting private philanthropy for public good in Eastern Jackson County, Missouri, and surrounding communities. With a workforce of over 8 employees, the foundation has a significant impact through various initiatives. Its grant-making activities, including scholarships and community grants, reached an all-time high of $6.3 million in 2022, benefiting numerous nonprofit organizations. The foundation's focus areas include health and welfare, arts and culture, community betterment, education, and Missouri wildlife conservation. Additionally, the foundation supports job skills training programs, collaborating with local organizations, to help individuals secure higher-paying careers. The Truman Heartland Community Foundation also engages young people in philanthropic activities through its Youth Advisory Council, providing hands-on experiences in fundraising, grantmaking, and volunteering.
Official website here: www.thcf.org
What are the reviews and ratings of this charity?
**Rating: 97% (Four-Star out of Four Stars) on Charity Navigator**
The Truman Heartland Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. With a score of 97% in this area, the foundation demonstrates strong financial practices, exemplified by its independent board governance and a significant program expense ratio of 92.58%. These metrics indicate a commitment to maximizing resources for community improvement while maintaining fiscal integrity.
The organization's culture and community engagement also shine through its near-perfect score of 98%, which speaks to its dedication to constituent feedback and responsive practices. The foundation prioritizes inclusion and the effective use of feedback mechanisms, ensuring that it adapts to the needs of the community it serves. Furthermore, the leadership is proactive in promoting development opportunities, indicating a strategic approach toward maintaining a skilled and engaged workforce.
While the overall data paints a positive picture, user review data from GreatNonprofits could not be fetched. Therefore, no additional insights from individual experiences are available at this time. Nevertheless, the foundation's mission and strategic objectives remain clear, aiming to foster private giving for public good and catalyze meaningful changes in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Truman Heartland Community Foundation?
100% of reviewers recommend Truman Heartland Community Foundation, with 11 positive reviews highlighting its impact. Here is a summary of their thoughts:
Reviewers consistently praise the foundation for its exceptional service and generous contributions to the community. Many express gratitude for the support received, noting that numerous individuals and families have benefited from the foundation's initiatives.
Overall, the sentiments shared indicate a strong appreciation for the organization's commitment to helping those in need, showcasing that it successfully fulfills its mission to improve community wellbeing.
This AI summary has been generated from reviews found on Facebook.
Is Truman Heartland Community Foundation legitimate?
Truman Heartland Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Truman Heartland 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: $289,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,985
For more financial information, click here
Official website here: www.thcf.org
What is the mission statement of Truman Heartland Community Foundation?
The Truman Heartland Community Foundation's primary goal is to enhance the lives of individuals in a specific region. Over the past 40 years, the foundation has showcased the impact of private giving for public benefit. Through various funds, including donor-advised funds, scholarships, and community grants, they distributed a record-breaking $6.3 million in 2022. The grants were awarded to nonprofit organizations focusing on health and welfare, arts and culture, community betterment, education, and wildlife conservation. Additionally, scholarships were given to support the education of numerous individuals, totaling over $722,000. The foundation also encourages legacy giving, with members planning for future contributions to benefit charities. The foundation's initiatives, such as the Job Skills for New Careers, aim to improve the economic status of community members. The Truman Heartland Community Foundation also engages youth in philanthropy through its Youth Advisory Council.
Official website here: www.thcf.org
Who is the CEO of Truman Heartland Community Foundation?
Phillip Hanson is the Director of Truman Heartland Community Foundation. The CEO's salary of Truman Heartland Community Foundation is $171,155 and their total compensation is $183,845.
Official website here: www.thcf.org
What is the revenue of Truman Heartland Community Foundation?
Truman Heartland Community Foundation's revenue in 2022 was $10,949,150.
Official website here: www.thcf.org
Who are the executives of Truman Heartland Community Foundation and what are their salaries?
The average compensation at Truman Heartland Community Foundation during 2022 was $80,191. There are 8 employees and 279 volunteers at Truman Heartland Community Foundation.
Here are 30 key members and their salaries (Truman Heartland Community Foundation's CEO's salary is $171,155 and their total compensation is $183,845):
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- Compensation: $102,790
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- Compensation: $171,155
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Official website here: www.thcf.org
Where can I find the form 990 for Truman Heartland Community Foundation?
Truman Heartland Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thcf.org
Learn more at the official website: www.thcf.org
Mission Statement of Truman Heartland Community Foundation
Truman Heartland Community Foundation, with a 40-year history, has dedicated its primary mission to improving the lives of the community in Eastern Jackson County, Missouri. The foundation's efforts demonstrate the impact of private giving for public good in this region. They achieve this mission through various means, including grants from their funds, scholarships, and their annual community grants program. The grants, amounting to an all-time high of $6.3 million in 2022, benefit nonprofit organizations in sectors such as health and welfare, arts and culture, community betterment, education, and Missouri wildlife conservation.
In addition to financial aid, Truman Heartland Community Foundation also focuses on fostering future generations. They offer scholarships to support the continuing education of high school seniors, undergraduate, graduate, and technical students, totaling over $722,000 in 2022. Furthermore, the Heartland Legacy Society, a special group of members, ensures their philanthropic legacy by making provisions in their estate to benefit charity. This approach allows for future contributions to be added to an existing donor-advised fund or to establish a new fund from the legacy gift.
In summary, Truman Heartland Community Foundation's mission is centered around improving the lives of Eastern Jackson County's residents through various means, including financial grants, scholarships, and fostering a legacy of thoughtful philanthropy. The foundation's activities reflect their commitment to the community, demonstrating the power of private giving for public good.
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Impact
July, 2024
Truman Heartland Community Foundation has had a significant impact on Eastern Jackson County and surrounding communities. Through its various programs and initiatives, the foundation has demonstrated the power of private giving for the public good. In 2022, the foundation achieved a milestone by distributing grants totaling $6.3 million from all funds, including donor-advised funds, scholarships, and the annual community grants program.
The grants awarded by the foundation supported a wide range of organizations and projects related to health and welfare, arts and culture, community betterment, education, and Missouri wildlife conservation. Additionally, scholarships totaling $722,767 were awarded to 314 individuals, including high school seniors, undergraduate, graduate, and technical students, to support their continuing education.
Truman Heartland Community Foundation's impact extends beyond financial support. The foundation's initiatives, such as the Job Skills for New Careers program, have helped improve the economic status of 163 participants in Eastern Jackson County by providing them with job skills training, financial coaching, and mentorship for higher-paying, in-demand careers.
Moreover, the foundation's Youth Advisory Council (YAC) has engaged 64 students from 9 local high schools in philanthropy education and hands-on experiences in fundraising, grantmaking, and volunteerism. Through events like the annual fundraiser and food drive, YAC has made a positive impact on local Truman Heartland Community Foundations and organizations serving the community.
Overall, Truman Heartland Community Foundation's dedication to improving the lives of Eastern Jackson County residents and its collaborative efforts with various organizations have made a lasting impact on the community.
This information is meant to be a general summary of Truman Heartland 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: $1,284,566
- Program Service Revenue: $857,549
- Gross Receipts: $11,060,761
Assets and Liabilities:
- Total Assets: $77,423,002
- Total Liabilities: $18,740,673
- Net Assets: $58,682,329
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM SERVICES
Revenue
$857,549
Organization Details
Founding Year
1982
Phone
(816) 836-8189Principal Officer
Phillip Hanson
Main Address
4200 LITTLE BLUE PARKWAY STE 340, INDEPENDENCE, MO, 64131
Website
www.thcf.orgNTEE Category
Code: T31 - Philanthropy
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