Overview
What is Heritage Community Foundation Inc?
Heritage Community Foundation Inc, located in McDonough, Georgia, is a nonprofit organization dedicated to supporting various community-related charities. Throughout the year, they distribute funds to 24 different charities, with amounts ranging from $1,000 to $10,000. Their mission is to provide financial and leadership support to qualified nonprofits within their service community, helping them carry out good works and assist those in need. This is achieved through collaborations with individuals, local businesses, and other community leaders, reflecting their commitment to serving with a tradition of excellence. During challenging times, such as disasters, Heritage Community Foundation Inc has shown its compassion by supplying food and shelter to the less fortunate.
Official website here: www.heritagecommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Heritage Community Foundation Inc has achieved an impressive rating of 97%, reflecting its strong commitment to accountability and finance. This rating is based entirely on a single beacon score, which highlights the foundation's focus on maintaining transparency and effective governance practices. The organization boasts a 90% independent board, ensuring sound decision-making free from conflicts of interest.
The foundation's financial health is further underscored by a 0.00% liabilities to assets ratio and a high program expense ratio of 98.85%, indicating that nearly all funds are directed towards its programs rather than administrative costs. Various policies, including those for conflict of interest and whistleblower protections, are effectively in place, which supports its operational integrity and accountability to donors.
While the foundation exhibits commendable strengths in financial management and governance, the data does not highlight specific program outcomes or community impact, which could provide additional insights into its overall effectiveness. Nonetheless, Heritage Community Foundation Inc stands out as a trustworthy choice for potential donors looking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Community Foundation Inc legitimate?
Heritage Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Community Foundation Inc 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:
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For more financial information, click here
Official website here: www.heritagecommunityfoundation.org
What is the mission statement of Heritage Community Foundation Inc?
The Heritage Community Foundation Inc's mission is to offer financial and leadership support to qualified non-profit organizations within their community. This support is facilitated through collaborations with individuals, local businesses, and other community leaders. The foundation's objective is to aid these organizations in delivering good works and assistance to those in need. As advocates for their community, Heritage Community Foundation Inc is committed to serving with a tradition of excellence. During the year, they provide funding for various projects to 24 different community-related charities, ranging in amounts from $1,000 to $10,000.
Official website here: www.heritagecommunityfoundation.org
Who is the CEO of Heritage Community Foundation Inc?
Rod Chavez is the Director of Heritage Community Foundation Inc.
Official website here: www.heritagecommunityfoundation.org
What is the revenue of Heritage Community Foundation Inc?
Heritage Community Foundation Inc's revenue in 2022 was $43,061.
Official website here: www.heritagecommunityfoundation.org
Who are the executives of Heritage Community Foundation Inc and what are their salaries?
There 10 volunteers at Heritage Community Foundation Inc.
Here are 11 key members and their salaries:
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Official website here: www.heritagecommunityfoundation.org
Where can I find the form 990 for Heritage Community Foundation Inc?
Heritage Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heritagecommunityfoundation.org
Learn more at the official website: www.heritagecommunityfoundation.org
Mission Statement of Heritage Community Foundation Inc
Heritage Community Foundation, Inc., a dedicated organization, is committed to offering both financial and leadership support to various charities within its community. This is achieved through the collective efforts of individuals, local businesses, and other community leaders. By doing so, the foundation assists qualified nonprofits that possess effective methods to provide aid and support to those in genuine need. As advocates for the community, Heritage Community Foundation pledges a devotion to serving with a tradition of excellence, demonstrating its commitment to enhancing the lives of its community members.
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Impact
August, 2024
During the year, Heritage Community Foundation Inc made a significant impact by providing funding for various community-related charities in McDonough, GA. Their support ranged from $1,000 to $10,000, contributing to disaster relief efforts by supplying food and shelter to those in need. Through a commitment to community improvement, Heritage Community Foundation Inc demonstrates a dedication to making a positive difference by assisting qualified nonprofits in providing essential support to those facing challenges.
This information is meant to be a general summary of Heritage Community Foundation Inc. 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.
- Gross Receipts: $43,061
Assets and Liabilities:
- Total Assets: $38,761
- Total Liabilities: $0
- Net Assets: $38,761
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Organization Details
Founding Year
2014
Phone
(770) 515-3414Principal Officer
Rod Chavez
Main Address
125 WESTRIDGE INDUSTRIAL BLVD 200, MCDONOUGH, GA, 30253
NTEE Category
Code: S20 - Community improvement
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