Overview
What is The Scioto County Area Foundation?
The Scioto County Area Foundation, based at 303 Chillicothe Street, Portsmouth, Ohio 45662, is a nonprofit organization dedicated to enhancing the quality of life in southern Ohio and northern Kentucky. Acting as a philanthropic intermediary, it allows donors to contribute charitably to schools, churches, and other exempt organizations. Its primary mission is to invest wisely, fund community needs, promote philanthropy, form collaborative partnerships with local organizations, and monitor the impact of its grant-making activities. The Foundation specifically focuses on offering general and operational support to local fine arts organizations. With a workforce of eight employees, it plays a significant role in enriching the region's community life.
Official website here: www.sciotofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The Scioto County Area Foundation has received a high rating of 96%, reflecting a strong performance in accountability and finance. This score is particularly significant as it is based entirely on their commitment to transparency and responsible financial stewardship. The foundation has demonstrated effective governance, with a fully independent board and robust oversight mechanisms in place.
Key strengths include a 100% score for having independent board members and a solid program expense ratio of 87.67%, indicating a high percentage of funds directed towards their programs. The organization also maintains comprehensive policies covering conflict of interest, whistleblowing, and document retention, enhancing their credibility and operational integrity.
While the rating highlights the foundation’s strengths, there is no specific mention of direct user feedback or program impact assessments. Potential donors and supporters might seek additional information on the foundation's community impact to complement these strong fiscal metrics.
This AI summary has been generated from information found on Charity Navigator.
Is The Scioto County Area Foundation legitimate?
The Scioto County Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Scioto County Area 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: $125,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,079
For more financial information, click here
Official website here: www.sciotofoundation.org
What is the mission statement of The Scioto County Area Foundation?
The Scioto County Area Foundation's mission is centered around bettering the lives of residents in southern Ohio and northern Kentucky. They achieve this by prudently investing their assets, ensuring a consistent income to address community needs and honor their donors' intentions. The foundation encourages philanthropy in the region, demonstrates leadership through collaborative partnerships with local organizations, and meticulously evaluates the outcomes of their grant-making efforts.
Official website here: www.sciotofoundation.org
Who is the CEO of The Scioto County Area Foundation?
Kimberly Cutlip is the Executive Director of The Scioto County Area Foundation.
Official website here: www.sciotofoundation.org
What is the revenue of The Scioto County Area Foundation?
The Scioto County Area Foundation's revenue in 2022 was $3,148,736.
Official website here: www.sciotofoundation.org
Who are the executives of The Scioto County Area Foundation and what are their salaries?
The average compensation at The Scioto County Area Foundation during 2022 was $38,216. There are 8 employees and 5 volunteers at The Scioto County Area Foundation.
Here are 6 key members and their salaries:
- Compensation: $125,650
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sciotofoundation.org
Where can I find the form 990 for The Scioto County Area Foundation?
The Scioto County Area Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sciotofoundation.org
Learn more at the official website: www.sciotofoundation.org
Mission Statement of The Scioto County Area Foundation
The Scioto County Area Foundation, as a philanthropic organization, is dedicated to bettering the lives of residents in southern Ohio and northern Kentucky. It achieves this mission by thoughtfully investing its assets, generating a consistent income stream to address community needs and honor donors' intentions. The foundation promotes philanthropy within the region, fostering a culture of giving among its community members. Moreover, the Scioto County Area Foundation demonstrates leadership through collaborative efforts with local organizations. By partnering with these entities, it works towards monitoring the outcomes of its grant-making initiatives, ensuring that the funds contribute positively to the community.
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Impact
July, 2024
The Scioto County Area Foundation positively impacts the community by providing financial support to schools, churches, fine arts organizations, and other exempt organizations in Portsmouth, Ohio. Through wise investment of assets and promoting philanthropy, the Foundation continuously benefits the quality of life for residents in southern Ohio and northern Kentucky. By fostering collaborative partnerships and monitoring grant outcomes, the Foundation demonstrates leadership in creating a better future for the region.
This information is meant to be a general summary of The Scioto County Area 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: $1,357,190
- Gross Receipts: $3,148,736
Assets and Liabilities:
- Total Assets: $47,068,841
- Total Liabilities: $6,306,381
- Net Assets: $40,762,460
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Organization Details
Founding Year
1974
Phone
(740) 354-4612Principal Officer
Kimberly Cutlip
Main Address
303 Chillicothe Street, Portsmouth, OH, 45662
Website
www.sciotofoundation.orgNTEE Category
Code: T310 - Philanthropy
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