Overview
What is Community Foundation For Loudoun And Northern Fauquier Counties?
The Community Foundation for Loudoun and Northern Fauquier Counties is a local nonprofit organization, situated in Leesburg, Virginia. With a focus on the areas surrounding Loudoun and Northern Fauquier Counties, this foundation collaborates with donors to establish endowment funds that cater to charitable needs. Their mission is to boost community giving by encouraging a network of grantmakers, advocating for strategic local leadership, and investing in partnerships, ultimately benefitting their community. The Community Foundation supports charitable, literary, and educational programs within the northern Virginia region, endeavoring to foster growth and development in these areas. With a modest workforce of five employees, they are committed to making a significant impact in their local community.
Official website here: www.communityfoundationlf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
The Community Foundation for Loudoun and Northern Fauquier Counties has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of transparency and accountability. The organization excels in financial management, with a perfect accountability and finance score of 100. Its program expense ratio is notably strong at 94.27%, demonstrating a commitment to using funds effectively for its stated mission.
Strengths also include a strong leadership structure, with 100% of board members being independent, which enhances governance and oversight. The foundation's adaptability and strategic planning are commendable, reflected in high scores across the board for leadership, adaptability, and strategy. Moreover, it has robust policies in place for conflict of interest and whistleblower protections, further solidifying its reputation for ethical practices.
However, while the impact and measurement score is 82, indicating good performance, there is room for improvement in evaluating the effectiveness of its programs. Continuous enhancement in this area would help the foundation better demonstrate its impact on the community it serves. Overall, the organization is well-regarded for its financial health and governance, positioning it as a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation For Loudoun And Northern Fauquier Counties legitimate?
Community Foundation For Loudoun And Northern Fauquier Counties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation For Loudoun And Northern Fauquier Counties 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: $277,676
For more financial information, click here
Official website here: www.communityfoundationlf.org
What is the mission statement of Community Foundation For Loudoun And Northern Fauquier Counties?
The Community Foundation for Loudoun and Northern Fauquier Counties is committed to fostering a community of grantmakers, promoting strategic local leadership, and investing in partnerships for the benefit of its community. Their mission is to grow charitable giving by supporting various programs in the areas of literacy, education, and charity. They accomplish this by working with local donors to establish permanent endowment funds that cater to the charitable needs, with a focus on Loudoun and Northern Fauquier counties and surrounding areas.
Official website here: www.communityfoundationlf.org
Who is the CEO of Community Foundation For Loudoun And Northern Fauquier Counties?
Amy E Owen is the Immediate Past Chair of Community Foundation For Loudoun And Northern Fauquier Counties.
Official website here: www.communityfoundationlf.org
What is the revenue of Community Foundation For Loudoun And Northern Fauquier Counties?
Community Foundation For Loudoun And Northern Fauquier Counties's revenue in 2022 was $3,492,308.
Official website here: www.communityfoundationlf.org
Who are the executives of Community Foundation For Loudoun And Northern Fauquier Counties and what are their salaries?
The average compensation at Community Foundation For Loudoun And Northern Fauquier Counties during 2022 was $55,535. There are 5 employees and 20 volunteers at Community Foundation For Loudoun And Northern Fauquier Counties.
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- Compensation: $109,200
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Official website here: www.communityfoundationlf.org
Where can I find the form 990 for Community Foundation For Loudoun And Northern Fauquier Counties?
Community Foundation For Loudoun And Northern Fauquier Counties's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityfoundationlf.org
Learn more at the official website: www.communityfoundationlf.org
Mission Statement of Community Foundation For Loudoun And Northern Fauquier Counties
The Community Foundation for Loudoun and Northern Fauquier Counties is dedicated to fostering community giving and investing in partnerships that benefit the local community. Their mission is threefold: firstly, they aim to promote strategic local leadership by engaging a community of grantmakers. Secondly, they focus on investing in partnerships that cater to the charitable, literary, and educational needs of the community. Lastly, they emphasize their work in Loudoun and Northern Fauquier counties and surrounding areas, establishing permanent endowment funds to support these needs. By doing so, the Community Foundation for Loudoun and Northern Fauquier Counties seeks to contribute to the betterment of their community, leveraging the power of collective giving and strategic partnerships.
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Impact
July, 2024
Community Foundation For Loudoun And Northern Fauquier Counties supports charitable, literary, and educational programs in the northern region of Virginia. They work with local donors to create permanent endowment funds to support charitable needs, with a focus on Loudoun and Northern Fauquier counties and surrounding areas. The foundation's mission is to grow community giving by fostering a community of grantmakers, promoting strategic local leadership, and investing in partnerships for the benefit of the community of Loudoun and Northern Fauquier.
This information is meant to be a general summary of Community Foundation For Loudoun And Northern Fauquier Counties. 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: $461,981
- Program Service Revenue: $4,000
- Gross Receipts: $3,502,778
Assets and Liabilities:
- Total Assets: $10,569,449
- Total Liabilities: $1,157,596
- Net Assets: $9,411,853
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED SERVICES
Revenue
$4,000
Organization Details
Founding Year
1999
Phone
(703) 779-3505Principal Officer
Amy E Owen
Main Address
PO BOX 342, LEESBURG, VA, 20178
NTEE Category
Code: T31 - Philanthropy
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