Overview
What is Peninsula Community Foundation Of Virginia Inc?
Peninsula Community Foundation of Virginia Inc, located at 48 W Queens Way, Hampton, VA 23669, is a nonprofit organization dedicated to fostering philanthropy within the Virginia Peninsula community. They accomplish this by providing donors with versatile charitable fund options, with a long-term objective of establishing permanent endowment funds primarily for the broad-based charitable benefit of the Peninsula's residents. The foundation grants funds from both unrestricted and donor-advised sources to various nonprofit organizations in the area, aiming to improve the lives of local residents. With a team of five employees, Peninsula Community Foundation of Virginia Inc serves as a significant resource for philanthropic endeavors in the community.
Official website here: www.pcfvirginia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Peninsula Community Foundation of Virginia Inc has achieved a remarkable 97% rating from Charity Navigator, signifying its high performance in accountability and finance. This rating is solely based on its strong financial practices, ensuring transparency and responsible management of resources. The organization has a majority of independent board members and maintains robust policies for auditing, conflict of interest, and asset management.
Strengths highlighted include an impressive program expense ratio of 89.29%, indicating that a significant portion of its funds is directed towards its mission-driven programs. Furthermore, the foundation demonstrates exceptional fundraising efficiency, with just $0.03 spent to raise each dollar. The organization’s low liabilities to assets ratio of 0.17% reflects its solid financial health and prudent fiscal management.
There are no notable limitations or weaknesses reported in the data, reinforcing the foundation's reputation as a well-managed nonprofit organization. Overall, the Peninsula Community Foundation of Virginia Inc stands out for its commitment to accountability, effective use of funds, and strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Peninsula Community Foundation Of Virginia Inc?
100% of 19 reviewers on Facebook recommend Peninsula Community Foundation Of Virginia Inc. Here is a summary of their reviews:
Support for the various organizations endorsed by the foundation is highly praised, with users highlighting the effective way it helps raise essential funds. Reviewers appreciate the foundation's commitment to making a positive impact in the community.
Overall, the sentiment is overwhelmingly positive, showcasing a strong belief in the organization's mission and its role in supporting worthwhile causes within the region.
This AI summary has been generated from reviews found on Facebook.
Is Peninsula Community Foundation Of Virginia Inc legitimate?
Peninsula Community Foundation Of Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Community Foundation Of Virginia 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: $122,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,647
For more financial information, click here
Official website here: www.pcfvirginia.org
What is the mission statement of Peninsula Community Foundation Of Virginia Inc?
The Peninsula Community Foundation of Virginia Inc. is committed to inspiring philanthropy by providing donors with flexible charitable fund options, with a long-term aim of establishing permanent endowment funds primarily for the broad-based charitable benefit of the community. Their mission is to build these endowment funds, ultimately benefiting the residents of the region. The foundation accomplishes this by making grants to nonprofit organizations from both unrestricted and donor-advised funds, primarily focusing on the charitable needs of the Virginia Peninsula.
Official website here: www.pcfvirginia.org
Who is the CEO of Peninsula Community Foundation Of Virginia Inc?
Michael A Monteith is the Chief Exec O of Peninsula Community Foundation Of Virginia Inc.
Official website here: www.pcfvirginia.org
What is the revenue of Peninsula Community Foundation Of Virginia Inc?
Peninsula Community Foundation Of Virginia Inc's revenue in 2022 was $2,572,824.
Official website here: www.pcfvirginia.org
Who are the executives of Peninsula Community Foundation Of Virginia Inc and what are their salaries?
The average compensation at Peninsula Community Foundation Of Virginia Inc during 2022 was $65,449. There are 5 employees and 13 volunteers at Peninsula Community Foundation Of Virginia Inc.
Here are 16 key members and their salaries:
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Official website here: www.pcfvirginia.org
Where can I find the form 990 for Peninsula Community Foundation Of Virginia Inc?
Peninsula Community Foundation Of Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pcfvirginia.org
Learn more at the official website: www.pcfvirginia.org
Mission Statement of Peninsula Community Foundation Of Virginia Inc
Peninsula Community Foundation of Virginia, Inc. is an organization dedicated to inspiring philanthropy. It achieves this by providing donors with flexible charitable fund options, with a long-term goal of establishing permanent endowment funds primarily for the broader charitable benefit of the residents in its jurisdiction. The foundation's mission is to create an environment where donors can contribute to various causes, with the aim of building a sustainable source of funds to support the community's needs over time. By offering diverse charitable fund options, the Peninsula Community Foundation of Virginia, Inc. enables donors to support a wide range of causes that align with their values and interests, thereby fostering a culture of giving and community development.
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Impact
July, 2024
Peninsula Community Foundation Of Virginia Inc inspires philanthropy by offering donors flexible charitable fund options with a long-term goal of building permanent endowment funds primarily for the broad-based charitable benefit of the residents of the Virginia Peninsula. The foundation makes grants to organizations from unrestricted and donor-advised funds, focusing on benefiting the residents of the Peninsula. Through its work, the foundation plays a crucial role in supporting and enhancing the well-being of the community by facilitating charitable giving and creating lasting impact for the area's residents.
This information is meant to be a general summary of Peninsula Community Foundation Of Virginia 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: -$62,549
- Program Service Revenue: $207,785
- Gross Receipts: $12,765,189
Assets and Liabilities:
- Total Assets: $15,686,909
- Total Liabilities: $14,696
- Net Assets: $15,672,213
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$184,649
GIVE LOCAL 757 REG FEES
Revenue
$23,136
Organization Details
Founding Year
2002
Phone
(757) 327-0862Principal Officer
Michael A Monteith
Main Address
48 W QUEENS WAY, HAMPTON, VA, 23669
Website
www.pcfvirginia.orgNTEE Category
Code: T31 - Philanthropy
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