Overview
What is Parkersburg Area Community Foundation Inc (Previously Pacf Inc)?
Parkersburg Area Community Foundation Inc, formerly known as Pacf Inc, is a publicly charitable community organization headquartered in Parkersburg, West Virginia. With a team of seven dedicated individuals, the foundation distributes grants from its unallocated funds and field-of-interest funds through a competitive grant-making process. The primary focus of these grants is to support educational, welfare enhancement, civic projects, and community betterment initiatives in the Mid-Ohio Valley and surrounding areas. By doing so, the foundation plays a crucial role in inspiring community development and fostering permanent resources for local betterment, embodying a vision of supporting collaborative efforts for a better present and future.
Official website here: www.pacfwv.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
The Parkersburg Area Community Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, demonstrating a strong commitment to accountability and financial health. With a perfect score in Accountability & Finance, the organization has effectively maintained an independent board and has rigorous oversight measures in place. This indicates that donors can trust the organization to manage funds responsibly while maximizing program expenses.
In addition to its financial strengths, the foundation also scores well in Culture & Community, reflecting a strong connection with its constituents. The organization excels in collecting and utilizing feedback, which is essential for adapting its strategies and improving its services. This responsiveness to community needs highlights its dedication to fostering a supportive environment.
However, while the foundation's equity strategies score is slightly lower at 75, it still signifies a commitment to addressing equity within its programs. Overall, the Parkersburg Area Community Foundation Inc stands out for its robust financial practices and community engagement, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Parkersburg Area Community Foundation Inc (Previously Pacf Inc) legitimate?
Parkersburg Area Community Foundation Inc (Previously Pacf Inc) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkersburg Area Community Foundation Inc (Previously Pacf 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: $169,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,884
For more financial information, click here
Official website here: www.pacfwv.com
What is the mission statement of Parkersburg Area Community Foundation Inc (Previously Pacf Inc)?
The Parkersburg Area Community Foundation Inc, formerly known as Pacf Inc, serves its community by providing leadership and inspiring individuals to establish permanent resources for the betterment of their communities through the foundation. Their vision is to maintain a significant role in the region, supporting collaborative efforts that build resources and apply leadership, ultimately creating a improved living environment for citizens today and tomorrow. The organization distributes grants, awards competitive scholarships, and provides financial assistance to charitable and non-profit organizations focusing on education, welfare enhancement, civic projects, and community betterment in the greater Mid-Ohio Valley and surrounding area.
Official website here: www.pacfwv.com
Who is the CEO of Parkersburg Area Community Foundation Inc (Previously Pacf Inc)?
Fred Rader is the Board Member of Parkersburg Area Community Foundation Inc (Previously Pacf Inc).
Official website here: www.pacfwv.com
What is the revenue of Parkersburg Area Community Foundation Inc (Previously Pacf Inc)?
Parkersburg Area Community Foundation Inc (Previously Pacf Inc)'s revenue in 2023 was $5,344,767.
Official website here: www.pacfwv.com
Who are the executives of Parkersburg Area Community Foundation Inc (Previously Pacf Inc) and what are their salaries?
The average compensation at Parkersburg Area Community Foundation Inc (Previously Pacf Inc) during 2023 was $54,045. There are 7 employees and 200 volunteers at Parkersburg Area Community Foundation Inc (Previously Pacf Inc).
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Official website here: www.pacfwv.com
Where can I find the form 990 for Parkersburg Area Community Foundation Inc (Previously Pacf Inc)?
Parkersburg Area Community Foundation Inc (Previously Pacf Inc)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pacfwv.com
Learn more at the official website: www.pacfwv.com
Mission Statement of Parkersburg Area Community Foundation Inc (Previously Pacf Inc)
The Parkersburg Area Community Foundation Inc, formerly known as Pacf Inc, serves its community by providing leadership and inspiring individuals to establish enduring resources for the betterment of their communities. Their vision is for the foundation to play a significant role in the region, supporting people who collaborate to create resources and apply leadership, thereby fostering a better environment for citizens today and tomorrow. The organization distributes grants to charitable or non-profit organizations, awards competitive grants, distributions, and scholarships through an application and review process. The focus of these awards is primarily on education, welfare enhancement, civic projects, and community betterment, benefiting qualified organizations and competitive scholarship recipients within the greater Mid-Ohio Valley and surrounding area.
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Impact
July, 2024
Parkersburg Area Community Foundation Inc (Previously PACF Inc) has a significant impact on the community by distributing grants to charitable and non-profit organizations. They also award competitive grants, distributions, and scholarships through an application and review process. The focus of their awards is towards education, welfare enhancement, civic projects, and community betterment. By providing leadership and inspiring people to build permanent resources for the betterment of their communities, PACF plays a vital role in supporting individuals and organizations working together to create a better place for citizens today and tomorrow in the greater Mid-Ohio Valley and surrounding area.
This information is meant to be a general summary of Parkersburg Area Community Foundation Inc (Previously Pacf 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 2023.
- Investment Income: $1,862,850
- Gross Receipts: $5,397,471
Assets and Liabilities:
- Total Assets: $79,687,402
- Total Liabilities: $3,600,826
- Net Assets: $76,086,576
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Organization Details
Founding Year
1996
Phone
(304) 428-4438Principal Officer
Fred Rader
Main Address
1620 PARK AVENUE, PARKERSBURG, WV, 261021762
Website
www.pacfwv.comNTEE Category
Code: T31 - Philanthropy
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