Overview
What is Greater Manhattan Community Foundation?
The Greater Manhattan Community Foundation is a charitable organization based in Manhattan, Kansas. In 2022, they granted a total of $14.3 million (including grants from custodial liability funds) to Manhattan-area nonprofits through their grant programs and supporting organizations. The foundation serves more than just Manhattan, also catering to fourteen other communities through their regional affiliated program. They coordinate Match Day events in five of these communities. The foundation's core mission is to strengthen the connection between donors and community needs in the Greater Manhattan, Kansas area. By enabling donors to fulfill their charitable desires, the foundation builds a permanent endowment, manages funds prudently, and grants awards and scholarships to meet various needs.
Official website here: www.mcfks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star rating
The Greater Manhattan Community Foundation has achieved a remarkable 99% score, earning a Four-Star rating from Charity Navigator. This high score reflects strong performance in accountability and finance, particularly with a perfect score of 100 in this category. The organization boasts a fully independent board and excellent financial practices, showcasing transparency and responsible management of resources.
The foundation demonstrates its commitment to community engagement with a solid score of 89 in culture and community. Their strategic goals focus on enhancing their role as a charitable resource and increasing philanthropic efforts in the area, indicating a proactive approach to community development. Additionally, the foundation has shown adaptability, especially during the pandemic, by implementing initiatives to support local businesses and engage community members.
While the foundation excels in many areas, a noted limitation is its fundraising efficiency, which has room for improvement, scoring quite low at $0.002. However, its overall strong program expense ratio and solid working capital ratio suggest that funds are being utilized effectively for community benefit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Greater Manhattan Community Foundation?
100% of 9 reviewers on Facebook recommend the Greater Manhattan Community Foundation. Here is a summary of their reviews:
The organization is praised for its strong advocacy on behalf of community needs, highlighting its commitment to making a positive impact in the local area. Reviewers appreciate the Foundation's efforts to address various issues and support diverse initiatives.
Overall, the sentiment is overwhelmingly positive, indicating that the Greater Manhattan Community Foundation effectively fulfills its mission and earns the trust of its community members.
This AI summary has been generated from reviews found on Facebook.
Is Greater Manhattan Community Foundation legitimate?
Greater Manhattan Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Manhattan 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: $133,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,848
For more financial information, click here
Official website here: www.mcfks.org
What is the mission statement of Greater Manhattan Community Foundation?
The Greater Manhattan Community Foundation aims to enhance the quality of life in various communities by enabling donors to fulfill their charitable desires. The organization's mission is to build a permanent endowment, facilitate prudent management and care of funds, and meet needs through grants, awards, and scholarships. In 2022, the foundation granted a total of $14.3 million to nonprofit organizations, surpassing Manhattan, Kansas, to serve fourteen other communities through their regional affiliated program. The foundation's grant programs and support for organizations help address essential community needs.
Official website here: www.mcfks.org
Who is the CEO of Greater Manhattan Community Foundation?
Vernon J Henricks is the Chair of Greater Manhattan Community Foundation. The CEO's salary of Greater Manhattan Community Foundation is $163,500 and their total compensation is $163,500.
Official website here: www.mcfks.org
What is the revenue of Greater Manhattan Community Foundation?
Greater Manhattan Community Foundation's revenue in 2022 was $20,506,767.
Official website here: www.mcfks.org
Who are the executives of Greater Manhattan Community Foundation and what are their salaries?
The average compensation at Greater Manhattan Community Foundation during 2022 was $39,332. There are 13 employees and 149 volunteers at Greater Manhattan Community Foundation.
Here are 13 key members and their salaries (Greater Manhattan Community Foundation's CEO's salary is $163,500 and their total compensation is $163,500):
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- Compensation: $163,500
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Official website here: www.mcfks.org
Where can I find the form 990 for Greater Manhattan Community Foundation?
Greater Manhattan Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcfks.org
Learn more at the official website: www.mcfks.org
Mission Statement of Greater Manhattan Community Foundation
Greater Manhattan Community Foundation, a charitable organization, strives to enrich the quality of life in various communities by facilitating donor-community connections and granting funds for worthy causes. The Foundation's mission is geared towards enabling donors to fulfill their charitable aspirations, while also establishing a permanent endowment, ensuring prudent fund management, and addressing needs through strategic grants, awards, and scholarships.
In 2022, Greater Manhattan Community Foundation awarded a significant $14.3 million (comprising grants from custodial liability funds) to nonprofit organizations in the Manhattan area, marking a substantial impact on the local community. Beyond Manhattan, the Foundation expanded its reach to fourteen other communities through its Regional Affiliated Program. By coordinating Match Day events in five of these regions, the organization fostered increased philanthropic involvement and resources for these areas.
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Impact
October, 2024
The Greater Manhattan Community Foundation significantly impacts the local community by fostering relationships between donors and community needs. In 2022, it awarded a remarkable $14.3 million to organizations within the Manhattan area, which includes grants from custodial liability funds. This substantial funding supports a range of initiatives aimed at enhancing the quality of life in the region.
Beyond Manhattan, the Foundation extends its influence to fourteen other communities through a regional affiliated program, further amplifying its reach and effectiveness. By coordinating match day events in five of these communities, the Foundation facilitates additional support for local initiatives. Its mission focuses not only on addressing immediate needs but also on building a permanent endowment, thereby ensuring ongoing support for community development and charitable initiatives well into the future. Through grants, awards, and scholarships, the Greater Manhattan Community Foundation plays a crucial role in enhancing the overall well-being of the Greater Manhattan, Kansas area.
This information is meant to be a general summary of Greater Manhattan 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: -$985,688
- Program Service Revenue: $691,267
- Gross Receipts: $23,609,831
Assets and Liabilities:
- Total Assets: $125,733,456
- Total Liabilities: $8,662,389
- Net Assets: $117,071,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGENCY FUND ADMINISTRATION
Revenue
$690,747
OTHER
Revenue
$520
Organization Details
Founding Year
1999
Phone
(785) 587-8995Principal Officer
Vernon J Henricks
Main Address
PO BOX 1127, MANHATTAN, KS, 665051127
Website
www.mcfks.orgNTEE Category
Code: T31 - Philanthropy
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