Overview
What is Nebraska Community Foundation?
The Nebraska Community Foundation (NCF) is a statewide organization that empowers communities in Nebraska to create a better future for themselves. With a network of 1,500 volunteer leaders and 245 affiliated funds, NCF fosters local leadership while providing centralized technical support and education. The decentralized system enables local communities to raise funds and make grants based on their development priorities. NCF offers training, strategy development, and gift planning assistance, while professional staff members handle financial and investment management, receipting, disbursements, and tax compliance. By unleashing local assets, inspiring charitable giving, and connecting ambitious people, the Nebraska Community Foundation aims to build stronger communities and contribute to a greater Nebraska.
Official website here: www.nebcommfound.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star rating)
The Nebraska Community Foundation has received a high rating of 99% from Charity Navigator, reflecting its strong performance in accountability and finance. Particularly noteworthy is its perfect score of 100 for accountability, indicating robust governance practices, ethical standards, and a commitment to transparency. The organization boasts a fully independent board and has established comprehensive policies covering conflict of interest, whistleblowing, and document retention, which further enhance its credibility.
Financially, the foundation exhibits excellent health with a program expense ratio of 87.49%, indicating that a significant portion of its funds is directed towards its mission-related activities. The organization maintains a low liabilities-to-assets ratio of 0.26%, showcasing its financial stability. Additionally, its fundraising efficiency is impressive, costing only $0.022 to raise a dollar, which signifies effective use of resources.
While the overall score is strong, the Culture & Community score of 87 suggests areas for improvement in fostering a more inclusive and supportive environment. The foundation's equity strategies are commendable but indicate potential for growth in community engagement and outreach efforts. Overall, the Nebraska Community Foundation stands out as a well-managed nonprofit with a clear focus on its mission and fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Nebraska Community Foundation legitimate?
Nebraska Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska 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: $685,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,158,455
For more financial information, click here
Official website here: www.nebcommfound.org
What is the mission statement of Nebraska Community Foundation?
The Nebraska Community Foundation empowers local assets and inspires charitable giving, connecting ambitious individuals to build stronger communities and a greater Nebraska. As a decentralized system, it enables local leadership while providing centralized technical support and education. The foundation teaches local leaders how to raise funds and make grants based on their development priorities. It offers training, strategy development, and gift planning assistance. The foundation handles all financial and investment management responsibilities, freeing up local leaders from overwhelming administrative tasks.
Official website here: www.nebcommfound.org
Who is the CEO of Nebraska Community Foundation?
Jeffrey G Yost is the CEO of Nebraska Community Foundation The CEO's salary of Nebraska Community Foundation is $333,045 and their total compensation is $396,050.
Official website here: www.nebcommfound.org
What is the revenue of Nebraska Community Foundation?
Nebraska Community Foundation's revenue in 2024 was $66,506,049.
Official website here: www.nebcommfound.org
Who are the executives of Nebraska Community Foundation and what are their salaries?
The average compensation at Nebraska Community Foundation during 2024 was $52,659. There are 54 employees and 1500 volunteers at Nebraska Community Foundation.
Here are 30 key members and their salaries (Nebraska Community Foundation's CEO's salary is $333,045 and their total compensation is $396,050):
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- Compensation: $333,045
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- Other: $18,369
Official website here: www.nebcommfound.org
Where can I find the form 990 for Nebraska Community Foundation?
Nebraska Community Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nebcommfound.org
Learn more at the official website: www.nebcommfound.org
Mission Statement of Nebraska Community Foundation
The Nebraska Community Foundation, a statewide organization, empowers communities to envision and create a better future for themselves. With a decentralized system, it connects ambitious people and inspires charitable giving, unleashing abundant local assets. The foundation works in partnership with over 1,500 volunteer leaders of 245 affiliated funds in various Nebraska communities.
By providing centralized technical support and education, Nebraska Community Foundation teaches local leaders how to raise funds and make grants based on their development priorities. The foundation offers training, strategy development, and gift planning assistance, while its professional staff members handle financial and investment management, receipting, disbursements, and tax compliance. These responsibilities would otherwise overwhelm the leaders of small communities and organizations served by the foundation.
In essence, the Nebraska Community Foundation acts as a catalyst for community-led development, enabling local leaders to create sustainable and impactful initiatives. Through its work, the foundation fosters a culture of giving, connects people to build stronger communities, and contributes to a greater Nebraska.
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Impact
October, 2024
Nebraska Community Foundation plays a vital role in fostering community development throughout the state. By empowering local leadership and harnessing local assets, it inspires charitable giving and encourages communities to envision and create better futures for themselves.
Through its decentralized approach, Nebraska Community Foundation connects over 1,500 volunteer leaders across 245 affiliated funds, providing essential support that enables communities to tailor their development priorities effectively. The organization offers training, strategic development, and assistance with fundraising and grant-making, ensuring that local leaders are equipped to address their unique challenges and opportunities.
Additionally, the professional staff at Nebraska Community Foundation manages critical aspects like financial oversight and tax compliance, alleviating potential burdens on smaller communities and organizations. This comprehensive support system fosters a culture of philanthropy and strengthens community bonds, ultimately contributing to a greater Nebraska.
This information is meant to be a general summary of Nebraska 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 2024.
- Investment Income: $2,401,856
- Program Service Revenue: $2,438,671
- Gross Receipts: $66,753,398
Assets and Liabilities:
- Total Assets: $226,685,574
- Total Liabilities: $1,802,521
- Net Assets: $224,883,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICS FOR AFFIL. FUNDS
Revenue
$2,438,671
Organization Details
Founding Year
1993
Principal Officer
Jeffrey G Yost
Website
www.nebcommfound.orgNTEE Category
Code: T31 - Philanthropy
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