Overview
What is St Louis Community Foundation?
The St. Louis Community Foundation, located in St. Louis, Missouri, is a charitable organization that administers funds for the betterment of the community. They served 177 funds and granted a total of 1,514 contributions to various not-for-profit organizations in the 2022 fiscal year, ranging from small donations to substantial grants. The foundation assists individuals and businesses in making charitable contributions efficiently and effectively by maximizing financial and tax advantages, honoring donor intent, and strategically making an impact in the community. Their mission is to promote the possibilities of charitable giving, enabling citizens to provide for their beloved community and causes they deeply care about. With a team of 41 employees, the St. Louis Community Foundation plays a significant role in responsibly stewarding charitable assets and fostering collaboration in community issues.
Official website here: www.stlgives.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The St Louis Community Foundation has received a high rating of 96%, indicating strong performance in both accountability and finance as well as culture and community. The foundation excels in key areas such as having a fully independent board and effective financial oversight, which highlights its commitment to transparency and governance. Its high program expense ratio of 95.79% suggests that a significant portion of its funding is directed towards its charitable activities.
Strengths include a comprehensive approach to collecting and utilizing constituent feedback, scoring a perfect 100% in these categories. This shows a dedication to community engagement and responsiveness to the needs of those it serves. Additionally, the foundation demonstrates solid equity strategies and policies, which are crucial for promoting inclusivity and addressing disparities within its community.
However, while the foundation performs well in many areas, there is room for improvement in its equity data collection, scoring slightly lower in that aspect. This indicates that further enhancements could be made to its data practices to better inform its equity strategies and ensure comprehensive representation of community needs. Overall, the St Louis Community Foundation is positioned as a reliable and impactful nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is St Louis Community Foundation legitimate?
St Louis Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Louis 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: $609,488
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,312,660
For more financial information, click here
Official website here: www.stlgives.org
What is the mission statement of St Louis Community Foundation?
The St. Louis Community Foundation works to facilitate charitable giving and promote the potential of philanthropic contributions. They help individuals and businesses effectively support their chosen causes and communities. In the previous year, the foundation managed 177 funds and granted funds to 1,514 organizations, ranging from small to large donations. The foundation simplifies charitable giving by maximizing financial and tax advantages, making the process efficient, and honoring donor intent. They also connect donors with their causes and each other, as well as strategize ways to make a significant impact. The St. Louis Community Foundation plays a key role in community issues, promoting collaboration, and responsibly stewarding charitable assets.
Official website here: www.stlgives.org
Who is the CEO of St Louis Community Foundation?
Dr Kelvin Adams is the Principal Officer of St Louis Community Foundation. The CEO's salary of St Louis Community Foundation is $347,954 and their total compensation is $370,517.
Official website here: www.stlgives.org
What is the revenue of St Louis Community Foundation?
St Louis Community Foundation's revenue in 2022 was $12,607,465.
Official website here: www.stlgives.org
Who are the executives of St Louis Community Foundation and what are their salaries?
The average compensation at St Louis Community Foundation during 2022 was $46,882. There are 41 employees and 25 volunteers at St Louis Community Foundation.
Here are 33 key members and their salaries (St Louis Community Foundation's CEO's salary is $347,954 and their total compensation is $370,517):
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- Compensation: $347,954
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- Other: $22,563
- Compensation: $216,181
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- Compensation: $126,061
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- Other: $8,190
Official website here: www.stlgives.org
Where can I find the form 990 for St Louis Community Foundation?
St Louis Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stlgives.org
Learn more at the official website: www.stlgives.org
Mission Statement of St Louis Community Foundation
The St. Louis Community Foundation, a leading philanthropic organization, is dedicated to promoting charitable giving and making a positive impact on the St. Louis community. With a mission to help charitable citizens effectively provide for the causes they care deeply about, the Foundation serves as a vital connector between donors and local nonprofits.
In the fiscal year ending on December 31, 2022, the St. Louis Community Foundation administered 177 funds and granted funds totaling between $9.68 and $1,880,140.79 to various not-for-profit organizations. By maximizing financial and tax advantages of giving, making the process simple and efficient, honoring donor intent, and strategizing ways to create an impact, the Foundation plays a crucial role in enabling individuals and businesses to make a difference in their community.
The St. Louis Community Foundation is committed to responsible stewardship of charitable assets and takes a proactive role in community issues, promoting collaboration and collaboration to address pressing challenges. The organization's expertise and leadership in philanthropy have facilitated meaningful grants and investments, enabling nonprofits to make a significant impact in the lives of St. Louis residents.
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Impact
October, 2024
St. Louis Community Foundation enhances the charitable landscape of St. Louis by administering a diverse array of 177 funds and facilitating significant philanthropic contributions. In the year ending December 31, 2022, the Foundation issued 1,514 grants, ranging from approximately $9.68 to nearly $1.88 million, benefiting various nonprofit organizations.
By helping individuals and businesses navigate their philanthropic endeavors, the Foundation maximizes the potential of financial and tax-advantaged giving. It simplifies the giving process, ensuring that donor intent is honored and connecting them with causes that resonate with their values. Through strategic leadership on community issues, St. Louis Community Foundation fosters collaboration and effectively stewards charitable assets. This approach not only promotes impactful giving but also empowers citizens to contribute meaningfully to the community they cherish.
This information is meant to be a general summary of St Louis 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: $3,446,514
- Program Service Revenue: $3,485,655
- Gross Receipts: $24,815,125
Assets and Liabilities:
- Total Assets: $90,419,909
- Total Liabilities: $1,706,798
- Net Assets: $88,713,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION SERVICE
Revenue
$3,273,269
GRANT REVIEW FEES
Revenue
$212,386
Organization Details
Founding Year
1915
Phone
(314) 588-8200Principal Officer
Dr Kelvin Adams
Main Address
2 OAK KNOLL PARK, ST LOUIS, MO, 63105
Website
www.stlgives.orgNTEE Category
Code: T310 - Philanthropy
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