Overview
What is Community Foundation Of Carroll County?
The Community Foundation of Carroll County, located at 255 Clifton Boulevard STE 313, Westminster, MD 21157, is a nonprofit organization with a mission to improve the quality of life in Carroll County. They accomplish this through philanthropic means, offering 106 scholarship funds to approximately 200 individuals. The foundation's activities are centered around maintaining and enhancing the community's well-being, demonstrating a strong commitment to its local population. With a workforce of 35 employees, the Community Foundation of Carroll County plays a significant role in supporting the growth and development of its community.
Official website here: www.carrollcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Community Foundation of Carroll County has earned a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. With a score of 90% in this area, the foundation demonstrates strong governance practices, maintaining an independent board and showing no material diversion of assets. Furthermore, it excels in maintaining transparency, with policies in place for conflict of interest, whistleblowing, and document retention.
On the financial side, the foundation shows impressive efficiency with a program expense ratio of 86.69% and an exceptionally low fundraising efficiency ratio of $0.002, indicating that it effectively utilizes funds for its mission rather than for administrative costs. The foundation’s working capital ratio of 2.11 years suggests a stable financial standing, allowing it to sustain its operations over time.
However, the organization received a lower score of 77% in the culture and community category, indicating room for improvement, particularly in its equity strategies. While the foundation is performing well in many areas, addressing community engagement and equity may enhance its overall impact and effectiveness in serving the community it supports.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Carroll County legitimate?
Community Foundation Of Carroll County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Carroll County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $468,290
For more financial information, click here
Official website here: www.carrollcommunityfoundation.org
What is the mission statement of Community Foundation Of Carroll County?
The Community Foundation of Carroll County has a mission to enhance and preserve the quality of life in the community through philanthropic means. This organization strives to achieve this objective by providing scholarships to around 200 individuals through 106 scholarship funds. By doing so, it aims to contribute positively to the community's well-being.
Official website here: www.carrollcommunityfoundation.org
Who is the CEO of Community Foundation Of Carroll County?
Jaclyn Mathias-Jones is the Executive Di of Community Foundation Of Carroll County.
Official website here: www.carrollcommunityfoundation.org
What is the revenue of Community Foundation Of Carroll County?
Community Foundation Of Carroll County's revenue in 2022 was $2,825,004.
Official website here: www.carrollcommunityfoundation.org
Who are the executives of Community Foundation Of Carroll County and what are their salaries?
The average compensation at Community Foundation Of Carroll County during 2022 was $13,380. There are 35 employees at Community Foundation Of Carroll County.
Here are 16 key members and their salaries:
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Official website here: www.carrollcommunityfoundation.org
Where can I find the form 990 for Community Foundation Of Carroll County?
Community Foundation Of Carroll County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carrollcommunityfoundation.org
Learn more at the official website: www.carrollcommunityfoundation.org
Mission Statement of Community Foundation Of Carroll County
The Community Foundation of Carroll County, as a philanthropic organization, is committed to improving and enriching the lives of individuals within its community. Its primary objective is to uphold and elevate the quality of life in Carroll County through charitable means. The foundation manages a substantial number of scholarship funds, offering financial assistance to approximately 200 deserving individuals. This philanthropic endeavor serves as a testament to the foundation's dedication to fostering growth and opportunities within its community.
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Impact
July, 2024
The Community Foundation of Carroll County has a significant impact on the community by maintaining and enhancing the quality of life in Carroll County through philanthropic means. It manages 106 scholarship funds that provide scholarships to approximately 200 individuals, thus supporting education and helping students achieve their academic goals. Through these initiatives, the foundation contributes to the development and success of individuals in the community, ultimately fostering a more prosperous and thriving Carroll County.
This information is meant to be a general summary of Community Foundation Of Carroll County. 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: $140,593
- Program Service Revenue: $31,588
- Gross Receipts: $2,895,082
Assets and Liabilities:
- Total Assets: $5,874,576
- Total Liabilities: $138,122
- Net Assets: $5,736,454
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$31,588
Organization Details
Founding Year
1994
Phone
(410) 876-5505Principal Officer
Jaclyn Mathias-Jones
Main Address
255 CLIFTON BOULEVARD STE 313, WESTMINSTER, MD, 21157
NTEE Category
Code: T31 - Philanthropy
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