Overview
What is Community Foundation Of The Eastern Shor?
The Community Foundation of the Eastern Shore, located at 1324 Belmont Avenue, Salisbury, Maryland, is a local nonprofit organization. With a team of fourteen dedicated employees, the foundation's mission is to inspire community philanthropy and connect individuals with causes that matter. They primarily focus on supporting various educational initiatives, including schools, colleges, universities, and libraries, through financial assistance and scholarships. By doing so, they aim to create thriving communities on Maryland's Eastern Shore, enabling residents to live and prosper together.
Official website here: www.cfes.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 99%, Four-Star out of Four Star rating.
The Community Foundation of the Eastern Shore has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance, as well as culture and community. With a perfect score of 100 in the accountability category, the foundation demonstrates a high level of transparency, effective governance, and sound financial practices, including a remarkable program expense ratio of 87%.
Additionally, the foundation's culture and community score of 94 indicates a robust connection with constituents, with perfect feedback scores across multiple metrics. The organization not only collects feedback effectively but also utilizes it to enhance its practices, which is vital for community engagement and responsiveness.
However, while the scores in equity strategies and data are strong, there is still room for improvement, as reflected in the equity data score. Overall, the Community Foundation of the Eastern Shore shows excellence in its operations, making it a reliable choice for potential donors and community members looking for a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of The Eastern Shor legitimate?
Community Foundation Of The Eastern Shor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The Eastern Shor 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: $131,969
Professional Fundraising Fees: $0
Other Salaries and Wages: $615,065
For more financial information, click here
Official website here: www.cfes.org
What is the mission statement of Community Foundation Of The Eastern Shor?
The Community Foundation of the Eastern Shore inspires community philanthropy and bridges individuals with causes that resonate with them. Its mission is geared towards inspiring and fostering philanthropic efforts in various communities. The foundation's vision extends beyond creating prosperous communities, aiming to enable people to live and thrive together. In the realm of education, the foundation supports various schools, colleges, universities, and libraries by providing financial assistance and scholarships. Additionally, it backs the educational initiatives of numerous non-profits, enabling them to make a more significant impact in their respective communities.
Official website here: www.cfes.org
Who is the CEO of Community Foundation Of The Eastern Shor?
Erica Joseph is the Director of Community Foundation Of The Eastern Shor.
Official website here: www.cfes.org
What is the revenue of Community Foundation Of The Eastern Shor?
Community Foundation Of The Eastern Shor's revenue in 2022 was $16,050,496.
Official website here: www.cfes.org
Who are the executives of Community Foundation Of The Eastern Shor and what are their salaries?
The average compensation at Community Foundation Of The Eastern Shor during 2022 was $53,360. There are 14 employees and 100 volunteers at Community Foundation Of The Eastern Shor.
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- Compensation: $147,595
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- Other: $17,433
Official website here: www.cfes.org
Where can I find the form 990 for Community Foundation Of The Eastern Shor?
Community Foundation Of The Eastern Shor's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfes.org
Learn more at the official website: www.cfes.org
Mission Statement of Community Foundation Of The Eastern Shor
The Community Foundation of the Eastern Shore, inspired by a vision to create thriving communities where people can live and prosper together, strives to foster community philanthropy and connect those with care to causes that matter. By inspiring generosity and encouraging collaboration, the foundation bridges the gap between donors and local initiatives that require financial support.
The nonprofit organization plays a pivotal role in education by providing financial assistance to various schools, colleges, universities, and libraries. It goes beyond mere funding, also supporting numerous educational programs run by non-profit organizations. These efforts aim to promote learning opportunities and empower the next generation to build a better future.
Community Foundation of the Eastern Shore's mission extends beyond financial aid. It connects individuals and organizations, bringing them together to make a significant impact on the causes they care about. Through its efforts, the foundation fosters a culture of giving and collaboration, inspiring positive change within the community.
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Impact
October, 2024
Community Foundation of the Eastern Shore plays a crucial role in fostering philanthropy and strengthening local communities. By connecting individuals and organizations with causes that resonate with their values, the Foundation inspires people to invest in their community’s future.
One significant area of impact is education, where the Foundation provides financial support to schools, colleges, universities, and libraries. This includes scholarships that help students pursue their academic goals and support for various educational initiatives led by nonprofits. Through these efforts, the Foundation not only enhances educational opportunities but also helps cultivate a well-educated workforce.
Additionally, the Foundation's commitment to creating thriving communities on Maryland's Eastern Shore facilitates collaborative efforts that address local needs, promotes sustainability, and encourages civic engagement. By nurturing a culture of giving, it empowers residents to take an active role in shaping their community’s fabric, ultimately fostering a sense of unity and shared purpose.
This information is meant to be a general summary of Community Foundation Of The Eastern Shor. 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: $5,777,625
- Gross Receipts: $36,594,141
Assets and Liabilities:
- Total Assets: $144,509,312
- Total Liabilities: $41,790,322
- Net Assets: $102,718,990
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Organization Details
Founding Year
1984
Phone
(410) 742-9911Principal Officer
Erica Joseph
Main Address
1324 BELMONT AVENUE 401, SALISBURY, MD, 218044558
Website
www.cfes.orgNTEE Category
Code: T310 - Philanthropy
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