Overview
What is Starved Rock Country Community Foundation?
The Starved Rock Country Community Foundation is a grant-making public charity, situated in LaSalle, Illinois. Committed to bettering the lives of residents in LaSalle, Bureau, and Putnam Counties, this nonprofit organization collects financial contributions from individuals, families, and businesses to fund effective local charities and initiatives. Additionally, the foundation creates and manages scholarships for local students and plays a significant role in leading philanthropic efforts in their served communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Starved Rock Country Community Foundation has earned an 84% rating, reflecting solid performance in its accountability and financial practices. This score is derived exclusively from its Accountability & Finance metrics, indicating the charity's focus on maintaining transparency and effective management of funds. The foundation scored particularly well in areas such as independent board composition and financial oversight, highlighting its commitment to ethical governance.
With 88% of its board members being independent and a robust audit committee in place, the organization demonstrates a strong framework for accountability. Furthermore, the lack of material diversion of assets and a well-defined conflict of interest policy showcases its dedication to integrity. The foundation allocates a significant portion of its budget, 71.34%, directly to program expenses, underscoring its focus on impactful initiatives.
Despite its positive attributes, the rating is based solely on financial operations, which means that aspects such as program effectiveness or community impact are not evaluated through this metric. While the organization displays strong financial health and governance practices, potential donors may want to seek additional information regarding the outcomes of its programs to gain a fuller picture of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Starved Rock Country Community Foundation legitimate?
Starved Rock Country Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Starved Rock Country 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,162
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What is the mission statement of Starved Rock Country Community Foundation?
The Starved Rock Country Community Foundation is a grant-making organization with a mission to enhance the lives of people in unspecified communities. Their primary goal is to pool together the financial resources of individuals, families, and businesses to strengthen effective non-profit agencies and other local charitable initiatives. Additionally, the foundation creates and manages scholarships for local students and serves as a leader in philanthropy within the communities they serve. Their objective is to bring about positive change and support local causes.
Who is the CEO of Starved Rock Country Community Foundation?
Pamela Beckett is the President of Starved Rock Country Community Foundation.
What is the revenue of Starved Rock Country Community Foundation?
Starved Rock Country Community Foundation's revenue in 2022 was $472,428.
Who are the executives of Starved Rock Country Community Foundation and what are their salaries?
The average compensation at Starved Rock Country Community Foundation during 2022 was $19,387. There are 3 employees and 25 volunteers at Starved Rock Country Community Foundation.
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Where can I find the form 990 for Starved Rock Country Community Foundation?
Starved Rock Country Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Starved Rock Country Community Foundation
The Starved Rock Country Community Foundation, as a grant-making public charity, is committed to bettering the lives of individuals residing in LaSalle, Bureau, and Putnam Counties. Its primary objective is to unite the financial resources of various entities, including individuals, families, and businesses, to strengthen the impact of effective non-profit organizations and local charitable initiatives. The foundation also focuses on creating and managing scholarships for local students, aiming to foster educational opportunities and empower the future generation. Moreover, the Starved Rock Country Community Foundation serves as a philanthropic leader, providing guidance and support to various communities within its purview. By pooling together resources and promoting charitable initiatives, the foundation works tirelessly to improve the quality of life for those in its community.
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Impact
July, 2024
Starved Rock Country Community Foundation's impact is seen through their dedication to improving the lives of people in LaSalle, Bureau, and Putnam Counties. By bringing together financial resources from individuals, families, and businesses, they support effective nonprofit agencies and other local charitable initiatives. Additionally, their creation and management of scholarships for local students contribute to the betterment of the communities they serve. Through philanthropic leadership, Starved Rock Country Community Foundation plays a vital role in enhancing the quality of life for residents in these counties.
This information is meant to be a general summary of Starved Rock Country 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: -$240,836
- Program Service Revenue: $27,292
- Gross Receipts: $494,664
Assets and Liabilities:
- Total Assets: $1,531,688
- Total Liabilities: $1,408
- Net Assets: $1,530,280
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE INCOME
Revenue
$27,292
Organization Details
Founding Year
2015
Phone
(815) 252-2906Principal Officer
Pamela Beckett
Main Address
241 MARQUETTE STREET, LASALLE, IL, 61301
NTEE Category
Code: T31 - Philanthropy
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