Overview
What is Fond Du Lac Area Foundation?
The Fond Du Lac Area Foundation is a 501(c)(3) nonprofit organization, situated in Fond Du Lac, Wisconsin. Committed to fostering a better community, they actively promote philanthropy, grant effective funds to eligible organizations, and offer leadership on significant community issues, both presently and in the future. Their primary focus includes awarding scholarships to individuals, in compliance with the HR4-Pension Protection Act of 2006. With a team of nine dedicated individuals, the Fond Du Lac Area Foundation plays a vital role in improving the local community's welfare.
Official website here: www.fdlareafoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
The Fond Du Lac Area Foundation has achieved a high level of accountability and financial health, as indicated by its impressive 97% score from Charity Navigator. This rating reflects the organization’s commitment to transparency, with a fully independent board and comprehensive financial oversight measures in place. Such strong governance practices enhance donor trust and demonstrate effective management of resources.
The foundation excels in its financial ratios, with an 84.5% program expense ratio, indicating that a significant majority of funds are directed towards its programs rather than administrative costs. Additionally, its fundraising efficiency is remarkable, with only $0.01 spent to raise each dollar, showcasing its ability to maximize contributions. The long working capital ratio of 28.91 years further illustrates its solid financial stability.
No significant limitations were highlighted in the data, reinforcing the foundation’s robust operational practices. Overall, the Fond Du Lac Area Foundation stands out as a well-managed organization dedicated to its mission, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Fond Du Lac Area Foundation legitimate?
Fond Du Lac Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fond Du Lac 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: $215,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,371
For more financial information, click here
Official website here: www.fdlareafoundation.com
What is the mission statement of Fond Du Lac Area Foundation?
The Fond Du Lac Area Foundation's mission is centered around improving the community. They achieve this by fostering philanthropy, granting funds effectively to eligible organizations under IRC Sec 501(C)(3), and providing leadership on critical community issues. This commitment is aimed at making a positive impact now and for future generations. Furthermore, the foundation also offers scholarships to individuals, adhering to the guidelines set by the HR4-Pension Protection Act of 2006.
Official website here: www.fdlareafoundation.com
Who is the CEO of Fond Du Lac Area Foundation?
Aaron Sadoff is the Exec Dir Thr of Fond Du Lac Area Foundation.
Official website here: www.fdlareafoundation.com
What is the revenue of Fond Du Lac Area Foundation?
Fond Du Lac Area Foundation's revenue in 2022 was $3,058,243.
Official website here: www.fdlareafoundation.com
Who are the executives of Fond Du Lac Area Foundation and what are their salaries?
The average compensation at Fond Du Lac Area Foundation during 2022 was $50,961. There are 9 employees and 72 volunteers at Fond Du Lac Area Foundation.
Here are 13 key members and their salaries:
- Compensation: $124,274
- Related: $0
- Other: $10,401
- Compensation: $58,462
- Related: $0
- Other: $8,138
- Compensation: $14,000
- 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
- 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.fdlareafoundation.com
Where can I find the form 990 for Fond Du Lac Area Foundation?
Fond Du Lac Area Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fdlareafoundation.com
Learn more at the official website: www.fdlareafoundation.com
Mission Statement of Fond Du Lac Area Foundation
The Fond Du Lac Area Foundation is a dedicated organization that strives to enhance the community by fostering philanthropy, granting funds to deserving entities, and serving as a leader in addressing critical community issues. This nonprofit's mission is multifaceted, aimed at creating a better community for all. By promoting philanthropy, the foundation encourages individuals and organizations to contribute to causes they care about, thereby strengthening the community as a whole.
In addition to this, the Fond Du Lac Area Foundation awards effective grants to organizations that meet the criteria under IRC Sec 501(C)(3). This process ensures that the funds are directed towards worthy causes that can make a significant impact in the community. Furthermore, the foundation provides leadership on important community issues, taking a proactive role in addressing critical challenges and working towards long-term solutions.
In summary, the Fond Du Lac Area Foundation acts as a catalyst for positive change in the community. By promoting philanthropy, granting funds to deserving organizations, and providing leadership on critical issues, the foundation strives to create a better community for present and future generations. Its mission is a testament to its commitment to making a meaningful difference in the lives of its community members.
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Impact
July, 2024
Fond Du Lac Area Foundation is creating a better community by promoting philanthropy, awarding effective grants, and providing leadership on important community issues today and forever. Through their impactful work, they are making a difference by supporting organizations that qualify under IRC Sec 501(c)(3) and awarding scholarships to individuals in compliance with HR4-Pension Protection Act of 2006. Based in Fond Du Lac, WI, their mission is dedicated to fostering a culture of giving and addressing critical community needs. Their tagline, "Philanthropy," encapsulates their commitment to building a stronger, more vibrant community for all.
This information is meant to be a general summary of Fond Du Lac 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: $23,001
- Gross Receipts: $6,623,759
Assets and Liabilities:
- Total Assets: $60,163,927
- Total Liabilities: $6,049,355
- Net Assets: $54,114,572
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Organization Details
Founding Year
1975
Phone
(920) 921-2215Principal Officer
Aaron Sadoff
Main Address
1020 S MAIN ST SUITE E, FOND DU LAC, WI, 54935
Website
www.fdlareafoundation.comNTEE Category
Code: T31 - Philanthropy
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