Overview
What is The Community Foundation Of Harrisonburg & Rockingham County?
The Community Foundation of Harrisonburg & Rockingham County is a local nonprofit organization based in Harrisonburg, Virginia. Their mission is to make it easy for individuals to give back to their community, granting over $16 million to a range of local charities in the past. These grants support organizations focusing on human services, education, health, arts, animal welfare, environmental preservation, recreation, historic preservation, and faith-based initiatives. One significant grant of $1.3 million was allocated to the Sentara RMH Foundation for addressing unmet healthcare needs in the community. Additionally, the foundation collaborates with local nonprofits to manage and invest their funds, boosting their capacity to focus on delivering essential services.
Official website here: www.tcfhr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Stars
The Community Foundation of Harrisonburg & Rockingham County has achieved an impressive Four-Star rating from Charity Navigator, indicating strong accountability and financial health. With a score of 90% for Accountability & Finance and a remarkable score of 97 in this category, the organization demonstrates a solid commitment to transparency and effective governance. Key strengths include a fully independent board and a robust audit process, ensuring that funds are managed responsibly.
In terms of financial ratios, the foundation excels with a program expense ratio of nearly 94%, signifying that a substantial portion of its funds directly supports its initiatives. Furthermore, its fundraising efficiency is outstanding, with expenditures effectively translated into resources for community projects. The working capital ratio of 6.23 years suggests a stable financial footing, allowing for sustained operational capacity.
While the organization has a commendable score of 77 in Culture & Community, there may be opportunities for improvement in its equity strategies, which are also rated at 77 out of 100. This indicates a recognition of the need for ongoing development in inclusivity and community engagement efforts. Overall, the foundation exhibits strong organizational practices while remaining attentive to its community impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation Of Harrisonburg & Rockingham County legitimate?
The Community Foundation Of Harrisonburg & Rockingham County is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of Harrisonburg & Rockingham 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: $132,911
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,750
For more financial information, click here
Official website here: www.tcfhr.org
What is the mission statement of The Community Foundation Of Harrisonburg & Rockingham County?
The Community Foundation facilitates giving back to the cherished community by granting funds to a diverse range of local organizations. With a total grant amount surpassing $16 million, these contributions have supported entities focusing on human services, education, health, arts, animal welfare, environmental conservation, historic preservation, recreation, and faith-based organizations. A notable grant of $1.3 million was allocated to Sentara RMH Foundation to enhance healthcare services in the community. Additionally, The Community Foundation collaborates with local nonprofits, enabling them to manage and invest funds, thereby amplifying their capacity to deliver mission-driven services, ultimately benefiting the community.
Official website here: www.tcfhr.org
Who is the CEO of The Community Foundation Of Harrisonburg & Rockingham County?
Revlan Hill is the Past Chair of The Community Foundation Of Harrisonburg & Rockingham County.
Official website here: www.tcfhr.org
What is the revenue of The Community Foundation Of Harrisonburg & Rockingham County?
The Community Foundation Of Harrisonburg & Rockingham County's revenue in 2022 was $22,224,437.
Official website here: www.tcfhr.org
Who are the executives of The Community Foundation Of Harrisonburg & Rockingham County and what are their salaries?
The average compensation at The Community Foundation Of Harrisonburg & Rockingham County during 2022 was $63,444. There are 6 employees and 98 volunteers at The Community Foundation Of Harrisonburg & Rockingham County.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $114,083
- Related: $0
- Other: $7,106
Official website here: www.tcfhr.org
Where can I find the form 990 for The Community Foundation Of Harrisonburg & Rockingham County?
The Community Foundation Of Harrisonburg & Rockingham County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tcfhr.org
Learn more at the official website: www.tcfhr.org
Mission Statement of The Community Foundation Of Harrisonburg & Rockingham County
The Community Foundation of Harrisonburg & Rockingham County, a philanthropic organization, is committed to making it easy for individuals to give back to their cherished community. With a mission that resonates deeply, the foundation grants funds to a diverse range of local organizations, totaling over $16 million. These grants have supported various sectors, including human services, education, health, arts, animal-related, environmental, historic preservation, recreation, and faith-based organizations. One significant grant, amounting to $1.3 million, was bestowed upon Sentara RMH Foundation to address unmet healthcare needs in the community. In addition to financial support, the foundation collaborates with local nonprofits to manage and invest funds, thereby enhancing the capacity of these service providers to focus on their mission-critical tasks. The Community Foundation of Harrisonburg & Rockingham County's role in improving the capacity of local nonprofits is instrumental in strengthening the community as a whole.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Community Foundation of Harrisonburg & Rockingham County plays a pivotal role in enhancing the quality of life in the region through its impactful grant-making initiatives. By facilitating over $16 million in grants, the foundation supports a diverse array of local organizations, including those focused on human services, education, health, arts, animal welfare, the environment, historical preservation, recreation, and faith-based initiatives.
One significant contribution includes a $1.3 million grant that facilitated the transfer of the former Free Clinic building to Sentara RMH Foundation, directly addressing unmet healthcare needs in the community. This proactive approach not only strengthens local organizations but also bolsters their capacity to deliver mission-related services effectively.
In addition to direct financial support, the foundation collaborates with local services, helping them manage and invest their funds, ultimately empowering them to focus on improving community outcomes. By streamlining the giving process and enhancing support for local initiatives, the foundation fosters a culture of philanthropy that positively impacts the community.
This information is meant to be a general summary of The Community Foundation Of Harrisonburg & Rockingham 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: $5,417,160
- Program Service Revenue: $55,707
- Gross Receipts: $58,547,507
Assets and Liabilities:
- Total Assets: $68,152,988
- Total Liabilities: $9,473,668
- Net Assets: $58,679,320
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE & MANAGEMENT FEES
Revenue
$55,707
Organization Details
Founding Year
1998
Phone
(540) 432-3863Principal Officer
Revlan Hill
Main Address
PO BOX 1068, HARRISONBURG, VA, 22803
Website
www.tcfhr.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of The Community Foundation Of Harrisonburg & Rockingham County and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.