Overview
What is Hutchinson Community Foundation?
Hutchinson Community Foundation is a nonprofit organization situated in Hutchinson, Kansas. With a team of nine dedicated individuals, their primary mission is to foster philanthropy, collaboration, and innovative leadership within their communities. They achieve this by granting and allocating funds to charitable organizations. By doing so, they aim to strengthen their communities and inspire positive change, contributing to a more prosperous and supportive local environment.
Official website here: www.hutchcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Hutchinson Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an overall score of 97%, this organization demonstrates effective management practices, particularly in maintaining an independent board and transparent financial operations.
One of the significant strengths of the foundation is its high percentage of independent board members, which stands at 93%. Additionally, the organization boasts exceptional scores in various accountability measures, including complete financial oversight, a robust conflict of interest policy, and effective document retention practices. The foundation also showcases an impressive program expense ratio of 88.18%, indicating a strong focus on funding its initiatives rather than administrative costs.
While the data highlights numerous strengths, the foundation scored zero on loans to/from officers, which might suggest a conservative approach to financial management. However, the overall financial metrics, including a low liabilities to assets ratio and outstanding fundraising efficiency, portray the Hutchinson Community Foundation as a reliable and effective nonprofit in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Hutchinson Community Foundation legitimate?
Hutchinson Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hutchinson 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: $273,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $359,382
For more financial information, click here
Official website here: www.hutchcf.org
What is the mission statement of Hutchinson Community Foundation?
The Hutchinson Community Foundation's mission is centered around inspiring philanthropy, fostering collaboration, and promoting innovative leadership with the goal of enhancing local communities. Through their activities, they aim to inspire individuals and organizations to contribute to charitable causes, thereby strengthening the communities they serve. The foundation focuses on making grants and allocations to various charitable organizations to support their initiatives.
Official website here: www.hutchcf.org
Who is the CEO of Hutchinson Community Foundation?
Aubrey Abbott Patterson is the Director of Hutchinson Community Foundation.
Official website here: www.hutchcf.org
What is the revenue of Hutchinson Community Foundation?
Hutchinson Community Foundation's revenue in 2022 was $6,908,012.
Official website here: www.hutchcf.org
Who are the executives of Hutchinson Community Foundation and what are their salaries?
The average compensation at Hutchinson Community Foundation during 2022 was $70,283. There are 9 employees and 46 volunteers at Hutchinson Community Foundation.
Here are 18 key members and their salaries:
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- Compensation: $139,724
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- Other: $23,736
- Compensation: $94,300
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- Other: $15,404
Official website here: www.hutchcf.org
Where can I find the form 990 for Hutchinson Community Foundation?
Hutchinson Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hutchcf.org
Learn more at the official website: www.hutchcf.org
Mission Statement of Hutchinson Community Foundation
The Hutchinson Community Foundation is committed to inspiring philanthropy, fostering collaboration, and promoting innovative leadership with the ultimate goal of enhancing the strength of their communities. By adopting this mission, the organization seeks to invest in charitable organizations, thereby contributing to the betterment of various societal sectors. The foundation's role in this endeavor is multifaceted, encompassing the allocation of grants to eligible organizations that align with their mission. By doing so, the Hutchinson Community Foundation plays a pivotal role in driving change and improvement within their communities, thereby making a lasting impact.
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Impact
July, 2024
Hutchinson Community Foundation's impact is significant in strengthening communities through inspiring philanthropy, collaboration, and innovative leadership. Through grants and allocations to charitable organizations, the foundation plays a crucial role in supporting various community initiatives and addressing important needs. By fostering a culture of giving and cooperation, Hutchinson Community Foundation actively works towards creating positive change and improving the quality of life for individuals and families in the Hutchinson area.
This information is meant to be a general summary of Hutchinson 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: $1,519,922
- Gross Receipts: $28,876,347
Assets and Liabilities:
- Total Assets: $86,187,314
- Total Liabilities: $408,815
- Net Assets: $85,778,499
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Organization Details
Founding Year
1989
Phone
(620) 663-5293Principal Officer
Aubrey Abbott Patterson
Main Address
PO BOX 298, HUTCHINSON, KS, 675040298
Website
www.hutchcf.orgNTEE Category
Code: T310 - Philanthropy
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