Overview
What is The Community Foundation Of The New River Valley Inc?
The Community Foundation of the New River Valley Inc, abbreviated as CFNRV, is a compassionate nonprofit organization situated in Christiansburg, Virginia. Their primary mission is to enrich the community by managing charitable donations, awarding grants, and scholarships to local charities, churches, schools, and individuals. They strive to enhance the quality of life for residents within the New River Valley region of South Virginia. Beyond grant-making, CFNRV offers workshops and training for various non-profit organizations and individuals, fostering collaboration among local leaders. The organization, with a team of four dedicated employees, is committed to improving the well-being of its community.
Official website here: www.cfnrv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Community Foundation of the New River Valley Inc received a perfect score of 100%, indicating strong performance in accountability and finance. This high rating reflects the organization's commitment to transparency and responsible financial management, showcasing a majority independent board and robust financial oversight mechanisms.
User feedback highlights the foundation's grassroots approach and its effectiveness in uniting community members around common goals. A review from a community member commended the foundation for its leadership in collaborative projects that address real needs, further emphasizing its positive impact on the local community.
No significant limitations were noted in the available data, reinforcing the foundation's reputation as a well-managed and impactful nonprofit organization.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Community Foundation Of The New River Valley Inc legitimate?
The Community Foundation Of The New River Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of The New River Valley 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: $88,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,321
For more financial information, click here
Official website here: www.cfnrv.org
What is the mission statement of The Community Foundation Of The New River Valley Inc?
The Community Foundation of the New River Valley has a mission to enrich its community by offering professional management services for donors' charitable causes, awarding grants and scholarships, and fostering collaborations. Their grants and scholarships are given to local charities, churches, schools, and individuals working to enhance the quality of life for residents in the area. Additionally, the foundation provides workshops and training for various non-profit organizations and individuals, and engages in collaborative initiatives with local leaders. In essence, the Community Foundation of the New River Valley aims to improve the community's well-being through charitable giving, educational programs, and community partnerships.
Official website here: www.cfnrv.org
Who is the CEO of The Community Foundation Of The New River Valley Inc?
Patricia B Hyer is the President of The Community Foundation Of The New River Valley Inc. The CEO's salary of The Community Foundation Of The New River Valley Inc is $0 and their total compensation is $0.
Official website here: www.cfnrv.org
What is the revenue of The Community Foundation Of The New River Valley Inc?
The Community Foundation Of The New River Valley Inc's revenue in 2022 was $1,353,005.
Official website here: www.cfnrv.org
Who are the executives of The Community Foundation Of The New River Valley Inc and what are their salaries?
The average compensation at The Community Foundation Of The New River Valley Inc during 2022 was $48,680. There are 4 employees and 30 volunteers at The Community Foundation Of The New River Valley Inc.
Here are 18 key members and their salaries (The Community Foundation Of The New River Valley Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.cfnrv.org
Where can I find the form 990 for The Community Foundation Of The New River Valley Inc?
The Community Foundation Of The New River Valley Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfnrv.org
Learn more at the official website: www.cfnrv.org
Mission Statement of The Community Foundation Of The New River Valley Inc
The Community Foundation of the New River Valley, a renowned organization, is dedicated to enriching the community's quality of life. Its mission is threefold: firstly, it offers professional management services to donors for their charitable causes. By doing so, it enables these individuals to contribute effectively to causes they care about in their local community.
Secondly, the foundation awards visionary grants and scholarships to a variety of recipients, including charities, churches, schools, and individuals. These grants and scholarships are designed to improve the lives of residents in the New River Valley of South Virginia.
Lastly, the Community Foundation of the New River Valley fosters collaborations within the community. It achieves this by organizing workshops and providing training for various non-profit organizations and individuals. Additionally, it engages in collaborative initiatives with other local leaders, working together to address community needs and foster a sense of unity.
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Impact
July, 2024
The impact of The Community Foundation Of The New River Valley Inc is significant in enhancing the quality of life in the New River Valley, Virginia. Through the awards of grants and scholarships to local charities, churches, schools, and individuals, the foundation plays a crucial role in improving the well-being of the residents in the region. Additionally, the foundation provides valuable workshops and training for nonprofit organizations and individuals, fostering skill development and capacity building within the community. Through collaborative initiatives with other local leaders, The Community Foundation Of The New River Valley Inc helps in creating a more cohesive and supportive community environment, ultimately enriching the lives of those in the New River Valley.
This information is meant to be a general summary of The Community Foundation Of The New River Valley 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 2022.
- Investment Income: $250,034
- Gross Receipts: $4,476,038
Assets and Liabilities:
- Total Assets: $14,334,385
- Total Liabilities: $58,908
- Net Assets: $14,275,477
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Organization Details
Founding Year
1994
Phone
(540) 381-8999Principal Officer
Patricia B Hyer
Main Address
PO Box 6009, Christiansburg, VA, 24068
Website
www.cfnrv.orgNTEE Category
Code: T31 - Philanthropy
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