Overview
What is Arkansas Community Foundation Inc?
Arkansas Community Foundation Inc, located in Little Rock, Arkansas, is a nonprofit organization with a team of 49 employees. Their mission is to bring together people and resources, inspiring community solutions for various aspects of education. They offer scholarships for higher education, support early childhood literacy, provide out-of-school learning opportunities for children, assist in early childhood care, and contribute to K-12 education. By engaging individuals and connecting resources, Arkansas Community Foundation aims to build a stronger community.
Official website here: www.arcf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Arkansas Community Foundation Inc has achieved a high rating of 97% from Charity Navigator, highlighting its strong commitment to accountability and finance. This rating is derived entirely from its exemplary score in this category, reflecting the organization’s transparency and adherence to best practices in financial management. With an independent board and no material diversion of assets, the foundation exemplifies high standards of governance.
User feedback from various sources emphasizes the positive impact of the Arkansas Community Foundation on local communities. Reviewers have praised the foundation for facilitating creative giving and supporting local initiatives, particularly through the establishment of endowment funds. The involvement of local affiliates has also been recognized for effectively distributing grant money to local nonprofits, enhancing community support and engagement.
However, no significant limitations or concerns are noted in the available data. Overall, the Arkansas Community Foundation appears to be a well-managed and impactful nonprofit organization, successfully leveraging resources to benefit communities across Arkansas.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Arkansas Community Foundation Inc legitimate?
Arkansas Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Community 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: $863,093
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,143,717
For more financial information, click here
Official website here: www.arcf.org
What is the mission statement of Arkansas Community Foundation Inc?
The Arkansas Community Foundation inspires solutions by engaging people and connecting resources to build stronger communities. Their mission is multi-faceted, focusing on education as a key area of investment. They offer scholarships for higher education, support for early childhood literacy, and out-of-school learning opportunities for children. Additionally, they contribute to early childhood care and K-12 education to ensure children receive a well-rounded education. By fostering these initiatives, the Arkansas Community Foundation plays a pivotal role in empowering the next generation and strengthening the community as a whole.
Official website here: www.arcf.org
Who is the CEO of Arkansas Community Foundation Inc?
Heather Larkin is the Chair of Arkansas Community Foundation Inc. The CEO's salary of Arkansas Community Foundation Inc is $304,729 and their total compensation is $375,707.
Official website here: www.arcf.org
What is the revenue of Arkansas Community Foundation Inc?
Arkansas Community Foundation Inc's revenue in 2023 was $82,995,729.
Official website here: www.arcf.org
Who are the executives of Arkansas Community Foundation Inc and what are their salaries?
The average compensation at Arkansas Community Foundation Inc during 2023 was $40,955. There are 49 employees and 485 volunteers at Arkansas Community Foundation Inc.
Here are 22 key members and their salaries (Arkansas Community Foundation Inc's CEO's salary is $304,729 and their total compensation is $375,707):
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- Compensation: $304,729
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- Compensation: $121,434
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- Other: $29,892
Official website here: www.arcf.org
Where can I find the form 990 for Arkansas Community Foundation Inc?
Arkansas Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.arcf.org
Learn more at the official website: www.arcf.org
Mission Statement of Arkansas Community Foundation Inc
Arkansas Community Foundation, a renowned organization, is committed to engaging people, connecting resources, and inspiring solutions to build vibrant communities. The foundation's mission is multi-faceted. It focuses on fostering educational programs that cater to various age groups and needs. This encompasses scholarships for higher education, support for early childhood literacy, out-of-school learning opportunities for children, early childhood care, and K-12 education. By providing these resources, Arkansas Community Foundation plays a pivotal role in fostering learning and growth within communities.
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Impact
October, 2024
Arkansas Community Foundation Inc plays a crucial role in enhancing community well-being across the state. By engaging people, connecting resources, and inspiring solutions, it effectively addresses critical local issues. The foundation fosters educational opportunities through diverse programs, including scholarships for higher education, support for early childhood literacy initiatives, and out-of-school learning opportunities for children. Additionally, it contributes to early childhood care and K-12 education, ensuring that the youth of Arkansas have the tools they need to succeed. This multifaceted approach not only enriches individual lives but also strengthens the fabric of communities throughout Arkansas, promoting a culture of philanthropy and shared responsibility for community development.
This information is meant to be a general summary of Arkansas Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $8,318,686
- Gross Receipts: $195,588,479
Assets and Liabilities:
- Total Assets: $638,116,005
- Total Liabilities: $6,446,713
- Net Assets: $631,669,292
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Organization Details
Founding Year
1976
Phone
(501) 372-1116Principal Officer
Heather Larkin
Main Address
5 ALLIED DRIVE 51110, LITTLE ROCK, AR, 72202
Website
www.arcf.orgNTEE Category
Code: T31 - Philanthropy
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