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The Community Foundation Holding Company Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522028247 ✦ Frederick, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Community Foundation Holding Company Inc?

The Community Foundation Holding Company Inc, situated in Frederick, Maryland, serves as a vital supporter for The Community Foundation of Frederick County Maryland, Inc. Its primary role involves managing and investing assets, acting as a trustee for charitable trusts where The Community Foundation of Frederick County Maryland, Inc. is a beneficiary. By doing so, it provides financial backing to enhance the organization's capabilities and initiatives. The company's mission is centered around supporting its sister organization, thereby contributing positively to the local community of Frederick County, Maryland.


Official website here: www.frederickcountygives.org

What do the Facebook reviews say about The Community Foundation Holding Company Inc?

100% of 11 reviewers on Facebook recommend The Community Foundation Holding Company Inc. Here is a summary of their reviews:

Many supporters express their appreciation for the organization's commitment to enhancing the community of Frederick County. They commend the variety of programs and resources offered, viewing their support as an investment in the future of their community. Reviewers typically highlight the foundation's role as a vital resource, emphasizing a positive outlook on future collaborations.

Overall, the sentiment towards the foundation is overwhelmingly positive, with an enthusiasm for its initiatives and the impact it has on local development.


This AI summary has been generated from reviews found on Facebook.

Is The Community Foundation Holding Company Inc legitimate?

The Community Foundation Holding Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Holding Company Inc submitted a form 990EZ, 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.


Official website here: www.frederickcountygives.org

What is the mission statement of The Community Foundation Holding Company Inc?

The Community Foundation Holding Company Inc's mission is to support The Community Foundation of Frederick County Maryland, Inc. by managing and investing its assets and serving as a trustee for charitable trusts where the latter is a beneficiary. The primary objective of this company is to provide financial assistance to The Community Foundation of Frederick County Maryland, Inc., thereby contributing to its mission and initiatives. By carrying out these activities, The Community Foundation Holding Company Inc. plays a crucial role in supporting the charitable work and community development efforts of its affiliated organization.


Official website here: www.frederickcountygives.org

Who is the CEO of The Community Foundation Holding Company Inc?

Gail M Fitzgerald is the Chief Financial Officer of The Community Foundation Holding Company Inc. The CEO's salary of The Community Foundation Holding Company Inc is $0 and their total compensation is $0.


Official website here: www.frederickcountygives.org

What is the revenue of The Community Foundation Holding Company Inc?

The Community Foundation Holding Company Inc's revenue in 2022 was $34,359.


Official website here: www.frederickcountygives.org

Who are the executives of The Community Foundation Holding Company Inc and what are their salaries?


Here are 12 key members and their salaries (The Community Foundation Holding Company Inc's CEO's salary is $0 and their total compensation is $0):


Ashleigh Kiggans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatrice Reaver (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Arze (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Schiffman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryn Naylin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Detric Kemp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Y Day (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail M Fitzgerald (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Cooley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Powell (Past Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Bartman (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Summers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.frederickcountygives.org

Where can I find the form 990EZ for The Community Foundation Holding Company Inc?

The Community Foundation Holding Company Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.frederickcountygives.org

Learn more at the official website: www.frederickcountygives.org

Mission Statement of The Community Foundation Holding Company Inc

The Community Foundation Holding Company, in essence, serves as a backing force for The Community Foundation of Frederick County Maryland, Inc. Its primary role is to manage and invest assets, acting as a trustee in charitable trusts where The Community Foundation of Frederick County Maryland, Inc. is a beneficiary. This organization's mission is centered around providing financial support to enhance the operations and impact of The Community Foundation of Frederick County Maryland, Inc., thereby contributing to its charitable endeavors.

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Impact




October, 2024

The Community Foundation Holding Company Inc. plays a crucial role in enhancing the financial well-being of the Frederick County community by strategically managing and investing assets. By acting as a trustee for charitable trusts where the Community Foundation of Frederick County, Maryland, Inc. is a beneficiary, it ensures the sustainable growth of resources dedicated to community improvement initiatives.

Through its programs focused on providing financial support to the Community Foundation, the Holding Company helps generate vital funding for various local projects and initiatives. This financial stewardship not only strengthens the foundation's capacity to respond to community needs but also fosters a culture of philanthropy, encouraging others to invest in the betterment of Frederick County. Ultimately, the Holding Company’s efforts contribute significantly to the overall vitality and resilience of the community it serves.




This information is meant to be a general summary of The Community Foundation Holding Company 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.

Revenue
$34,359 (2022)
Expenses
$23,454 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Program Service Revenue: $34,343
  • Gross Receipts: $34,359

Assets and Liabilities:

  • Total Assets: $65,411
  • Total Liabilities: $29,050
  • Net Assets: $36,361

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Organization Details

Principal Officer

Gail M Fitzgerald

Main Address

312 EAST CHURCH STREET, FREDERICK, MD, 21701

NTEE Category

Code: S20I - Community improvement

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