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Cape Cod Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510140462 ✦ South yarmouth, MA ✦ Designated as a 501(c)(3)

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Overview

What is Cape Cod Foundation Inc?

Cape Cod Foundation Inc, located at 261 Whites Path, South Yarmouth, Massachusetts, is a community-focused nonprofit organization. Their mission is to establish lasting charitable resources for community betterment, achieved through informed grant making and civic leadership. They support various sectors, including social services, arts, humanities, and the environment, by providing financial aid. Additionally, the foundation offers scholarships to local students pursuing higher education at accredited institutions. With a team of 10 dedicated individuals, Cape Cod Foundation Inc works tirelessly to contribute to the betterment of their community.


Official website here: www.capecodfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 100%, Four-Star out of Four Stars

Cape Cod Foundation Inc has achieved an impressive 100% score, earning a Four-Star rating, which indicates exceptional accountability and financial health. The rating is solely based on the organization’s strong performance in accountability and finance, reflecting a well-managed nonprofit with transparent practices and sound financial oversight.

The foundation demonstrates a high level of governance with a fully independent board composed of 14 members, ensuring that decision-making is free from conflicts of interest. Their financial practices are rigorously maintained, evidenced by a perfect score in areas such as audits and oversight, as well as the absence of any material diversions of assets.

Furthermore, Cape Cod Foundation Inc showcases effective resource management with a program expense ratio of 89.41%, indicating that a significant portion of its expenditures is directed towards its mission-related activities. The organization also maintains a strong fundraising efficiency ratio and a healthy working capital ratio, which together suggest that it is well-positioned to continue its impactful work in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Cape Cod Foundation Inc legitimate?

Cape Cod Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Cod 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:

Executive Compensation: $198,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $604,220

For more financial information, click here


Official website here: www.capecodfoundation.org

What is the mission statement of Cape Cod Foundation Inc?

The Cape Cod Foundation is dedicated to enhancing community welfare by establishing lasting charitable resources. They achieve this through thoughtful grant distribution and civic leadership. The organization's mission involves building permanent charitable funds for the betterment of the community, primarily by making informed grant decisions. Moreover, the foundation supports various non-profit organizations in the sectors of social services, arts, humanities, and the environment. In addition, it offers scholarships to local students pursuing higher education at accredited colleges and universities.


Official website here: www.capecodfoundation.org

Who is the CEO of Cape Cod Foundation Inc?

Patricia Meservey is the President An of Cape Cod Foundation Inc.


Official website here: www.capecodfoundation.org

What is the revenue of Cape Cod Foundation Inc?

Cape Cod Foundation Inc's revenue in 2022 was $5,912,787.


Official website here: www.capecodfoundation.org

Who are the executives of Cape Cod Foundation Inc and what are their salaries?

The average compensation at Cape Cod Foundation Inc during 2022 was $80,223. There are 10 employees and 100 volunteers at Cape Cod Foundation Inc.


Here are 15 key members and their salaries:


Kristin O'Malley (President An)
  • Compensation: $187,983
  • Related: $0
  • Other: $5,936
Ramani Ayer (Chair In 202)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Holden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Houlihan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Lam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Patricia Fater Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Meservey (Chair As Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Nunes (Immed. Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Oliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Quinn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Sherman (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Lou Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Trachsel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.capecodfoundation.org

Where can I find the form 990 for Cape Cod Foundation Inc?

Cape Cod Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.capecodfoundation.org

Learn more at the official website: www.capecodfoundation.org

Mission Statement of Cape Cod Foundation Inc

Cape Cod Foundation Inc, as a community foundation, is committed to building permanent charitable resources for community betterment. They achieve this mission through informed grant making and civic leadership. By doing so, the foundation aims to contribute to various sectors, including social services, arts, humanities, and the environment. Furthermore, Cape Cod Foundation Inc takes an active role in supporting local students by providing scholarships for their continued education at accredited colleges and universities. The foundation's work is centered around fostering community development and improving the lives of its residents, making it an essential pillar in the local non-profit landscape.

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Impact




July, 2024

Cape Cod Foundation Inc's impact is seen through its dedication to building permanent charitable resources for community betterment. They provide crucial support to non-profit organizations in areas such as social services, arts, humanities, and the environment. Additionally, the foundation plays a significant role in empowering local students to pursue higher education by offering scholarships to those continuing their studies at accredited colleges and universities. Through informed grant-making and civic leadership, Cape Cod Foundation Inc actively works towards enhancing the well-being and opportunities for individuals and communities in the region.




This information is meant to be a general summary of Cape Cod 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.

Revenue
$5,912,787 (2022)
Expenses
$8,073,723 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$449,503
  • Gross Receipts: $27,680,662

Assets and Liabilities:

  • Total Assets: $76,841,135
  • Total Liabilities: $9,315,787
  • Net Assets: $67,525,348

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Organization Details

Founding Year

1975

Principal Officer

Patricia Meservey

Main Address

261 WHITES PATH, SOUTH YARMOUTH, MA, 02664

NTEE Category

Code: B82Z - Education

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