Overview
What is Greater Grand Island Community Foundation?
The Greater Grand Island Community Foundation is a dedicated nonprofit organization situated in Grand Island, Nebraska. With a team of 11 individuals, its primary mission is to link the generosity of donors with the community's needs through grant-making and scholarship programs. The organization encourages individuals to transform their passions into lasting impacts, ultimately strengthening the future of the served communities. Committee members thoroughly review grant and scholarship applications, making recommendations to the Board of Directors for approval. This proactive approach allows the foundation to support various community initiatives and foster growth within its locality.
Official website here: www.gicf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Greater Grand Island Community Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The organization excels in maintaining a fully independent board and adheres to rigorous financial oversight practices, showcasing transparency in its operations.
Strengths highlighted in the evaluation include a strong commitment to financial integrity, with no material diversion of assets reported. The foundation demonstrates exceptional financial ratios, including a program expense ratio of nearly 87%, which indicates a significant portion of funds is allocated directly to its programs. Additionally, fundraising efficiency is impressive, with only $0.02 spent to raise each dollar.
While the rating reflects a robust financial standing and governance structure, ongoing transparency and adherence to best practices will be crucial for maintaining trust with donors and stakeholders. Overall, the Greater Grand Island Community Foundation is positioned as a responsible steward of charitable resources, prioritizing its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Greater Grand Island Community Foundation?
100% of reviewers on Facebook recommend the Greater Grand Island Community Foundation. Here is a summary of their reviews:
The feedback reflects a strong appreciation for the foundation’s efforts in addressing critical needs within the community. Reviewers express satisfaction with the organization's ability to connect donors with those in dire situations, emphasizing its importance as a resource for improving lives in the area.
Overall, the sentiment surrounding the Greater Grand Island Community Foundation is overwhelmingly positive, demonstrating a solid commitment to philanthropy and community support. The foundation appears to not only meet but exceed the expectations of its supporters, making a significant impact in the local community.
This AI summary has been generated from reviews found on Facebook.
Is Greater Grand Island Community Foundation legitimate?
Greater Grand Island Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Grand Island 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: $148,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,238
For more financial information, click here
Official website here: www.gicf.org
What is the mission statement of Greater Grand Island Community Foundation?
The Greater Grand Island Community Foundation's mission is to encourage individuals to channel their passions into meaningful contributions, thereby strengthening the future of the communities they serve. This is achieved by creating lasting legacies through its grant-making and scholarship programs. By bringing together the generosity of donors and the needs of the community, the foundation serves as a bridge, with individual committees reviewing grant and scholarship applications and making recommendations for approval.
Official website here: www.gicf.org
Who is the CEO of Greater Grand Island Community Foundation?
Melissa Delaet is the CEO of Greater Grand Island Community Foundation The CEO's salary of Greater Grand Island Community Foundation is $99,731 and their total compensation is $104,688.
Official website here: www.gicf.org
What is the revenue of Greater Grand Island Community Foundation?
Greater Grand Island Community Foundation's revenue in 2023 was $3,744,119.
Official website here: www.gicf.org
Who are the executives of Greater Grand Island Community Foundation and what are their salaries?
The average compensation at Greater Grand Island Community Foundation during 2023 was $39,410. There are 7 employees and 115 volunteers at Greater Grand Island Community Foundation.
Here are 20 key members and their salaries (Greater Grand Island Community Foundation's CEO's salary is $99,731 and their total compensation is $104,688):
- Compensation: $99,731
- Related: $0
- Other: $4,957
- Compensation: $48,904
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- Other: $2,427
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Official website here: www.gicf.org
Where can I find the form 990 for Greater Grand Island Community Foundation?
Greater Grand Island Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gicf.org
Learn more at the official website: www.gicf.org
Mission Statement of Greater Grand Island Community Foundation
The Greater Grand Island Community Foundation's mission is centered around empowering individuals to translate their passions into meaningful legacies that contribute to the betterment of their communities. By fostering a sense of purpose, this organization aims to create enduring impacts that strengthen the social fabric of the communities it serves. The foundation accomplishes this objective by bridging the gap between generous donors and community needs, channeling resources through its grant-making and scholarship programs. Committees of individuals review applications for grants and scholarships, providing recommendations to the board of directors for approval, thereby ensuring that the community's needs are met effectively.
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Impact
July, 2024
The Greater Grand Island Community Foundation empowers individuals to transform their passion into purpose by fostering legacies that enhance the future of the communities it serves. Through its grant-making and scholarship programs, the foundation bridges the gap between donors' generosity and the community's needs. Grant and scholarship applications are carefully reviewed by dedicated committees, whose recommendations are then presented to the board of directors for approval. This process ensures that the foundation's impact is targeted and meaningful, making a lasting difference in Grand Island, Nebraska.
This information is meant to be a general summary of Greater Grand Island 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 2023.
- Investment Income: $726,986
- Program Service Revenue: $31,068
- Gross Receipts: $27,783,699
Assets and Liabilities:
- Total Assets: $26,301,211
- Total Liabilities: $3,663,519
- Net Assets: $22,637,692
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$31,068
Organization Details
Founding Year
1960
Principal Officer
Bart Qualsett
Website
www.gicf.orgNTEE Category
Code: T31 - Philanthropy
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