Overview
What is Eastern West Virginia Community Foundation?
The Eastern West Virginia Community Foundation is a not-for-profit organization situated in Martinsburg, West Virginia. It serves as a platform for individuals, businesses, nonprofits, and other entities to contribute funds, which are then strategically invested for long-term growth. The foundation's primary aim is to award annual scholarships to students and grants to various nonprofits, churches, and government agencies, primarily benefiting the community in the eastern region of West Virginia. The foundation's mission is to operate as a community foundation, accumulating donations and growing them through careful investments, subsequently distributing the earnings as grants annually. The organization currently employs a team of four individuals dedicated to serving this purpose.
Official website here: www.ewvcf.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 99%, Four-Star out of Four Star rating.
The Eastern West Virginia Community Foundation has achieved an impressive Four-Star rating, reflecting its strong accountability and financial practices. With a perfect score of 100 in Accountability & Finance, the organization demonstrates robust governance with an entirely independent board and thorough financial oversight. Notably, the Foundation has a high program expense ratio of 86.81%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs, which enhances its overall effectiveness.
In addition to financial transparency, the Foundation scores highly in Culture & Community, particularly in constituent feedback and usage of feedback for improvement. This suggests that the organization is responsive to the needs and opinions of those it serves, fostering a strong relationship within the community. The high scores across various equity strategies and practices further highlight its commitment to inclusivity and responsiveness.
However, there are some areas for growth, particularly in equity data collection and policy processes, where the Foundation received moderate scores. Addressing these limitations could enhance its equity strategies, enabling the organization to better serve diverse community needs. Overall, the Eastern West Virginia Community Foundation stands out for its strong governance and community engagement, making it a trusted nonprofit in the region.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Eastern West Virginia Community Foundation?
94% of 12 reviewers on Facebook recommend the Eastern West Virginia Community Foundation. Here’s a summary of their reviews:
Many individuals express strong support for the foundation, highlighting the significant positive impact it has on communities throughout Eastern West Virginia. Reviewers appreciate the dedication of the organization to leaving a lasting legacy, indicating a deep sense of trust in its mission and effectiveness.
Overall, the sentiment towards the organization is very positive, with users recognizing its valuable role in community development and support. The foundation appears to deliver on its promise of enhancing lives across the region, fostering a sense of pride among local residents.
This AI summary has been generated from reviews found on Facebook.
Is Eastern West Virginia Community Foundation legitimate?
Eastern West Virginia Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern West Virginia Community Foundation 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: $93,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,749
For more financial information, click here
Official website here: www.ewvcf.org
What is the mission statement of Eastern West Virginia Community Foundation?
The Eastern West Virginia Community Foundation operates with the objective of serving both donors and nonprofit organizations in its community. It achieves this by collecting donations, investing these funds prudently, and subsequently granting a portion of the investment earnings annually to nonprofit organizations. The foundation accepts contributions from various sources, including individuals, businesses, and nonprofit organizations, and primarily benefits the people residing in the eastern region of West Virginia. It awards scholarships to students and provides grants to nonprofit organizations, churches, and government agencies, thereby contributing to the development of the community.
Official website here: www.ewvcf.org
Who is the CEO of Eastern West Virginia Community Foundation?
Michael Whalton is the Director of Eastern West Virginia Community Foundation.
Official website here: www.ewvcf.org
What is the revenue of Eastern West Virginia Community Foundation?
Eastern West Virginia Community Foundation's revenue in 2022 was $4,241,268.
Official website here: www.ewvcf.org
Who are the executives of Eastern West Virginia Community Foundation and what are their salaries?
The average compensation at Eastern West Virginia Community Foundation during 2022 was $59,812. There are 4 employees and 55 volunteers at Eastern West Virginia Community Foundation.
Here are 18 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $93,500
- Related: $0
- Other: $0
Official website here: www.ewvcf.org
Where can I find the form 990 for Eastern West Virginia Community Foundation?
Eastern West Virginia Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ewvcf.org
Learn more at the official website: www.ewvcf.org
Mission Statement of Eastern West Virginia Community Foundation
The Eastern West Virginia Community Foundation, a nonprofit organization, is dedicated to serving both benefactors and local charities in its region. The mission of this community foundation involves two primary objectives. Firstly, it gathers donations from individuals, businesses, and other organizations, and then invests these contributions wisely for long-term growth. Secondly, it distributes annual grants derived from these investment gains to nonprofit organizations, churches, and government agencies, primarily benefiting the people residing in the eastern part of West Virginia. By taking on this role, the Eastern West Virginia Community Foundation plays a crucial part in fostering growth and development within its community.
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
July, 2024
The impact of the Eastern West Virginia Community Foundation is significant in serving the needs of donors and organizations in the Eastern region of West Virginia. By accepting contributions from various sources and investing them for long-term growth, the foundation is able to award annual scholarships to students and grants to organizations, churches, and government agencies in the community. This support primarily benefits the people living in the Eastern region of West Virginia, contributing to the overall betterment and development of the area.
This information is meant to be a general summary of Eastern West Virginia Community Foundation. 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: $2,063,226
- Gross Receipts: $23,978,366
Assets and Liabilities:
- Total Assets: $35,073,526
- Total Liabilities: $2,576,345
- Net Assets: $32,497,181
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1995
Phone
(304) 264-0353Principal Officer
Michael Whalton
Main Address
229 EAST MARTIN STREET 4, MARTINSBURG, WV, 25401
Website
www.ewvcf.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of Eastern West Virginia Community Foundation 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.