Overview
What is Community Foundation Of Greater Greensboro Inc?
The Community Foundation of Greater Greensboro Inc, located at 301 North Elm Street 100, Greensboro, NC 27401, is a nonprofit organization specializing in donor-advised and scholarship funds. With a team of 34 employees, the foundation empowers local residents to achieve their charitable goals by managing 389 such funds. During 2022, over 2,800 grants were distributed to various organizations in the areas of faith-based, health & human services, education, and other community services. The foundation's mission is to inspire giving, maximize opportunities, and strengthen communities for future generations, supporting a diverse range of community needs. In essence, the Community Foundation of Greater Greensboro acts as a philanthropic partner, facilitating charitable giving to enhance the lives of those in its community.
Official website here: www.cfgg.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Community Foundation Of Greater Greensboro Inc has achieved a perfect score of 100%, reflecting its strong commitment to accountability and financial health. The organization excels in key metrics, including a robust independent board and effective management of financial resources. Notably, the foundation reports no material diversion of assets and maintains a high program expense ratio, indicating that the majority of its funds are directed towards programs rather than administrative costs.
Additionally, the foundation demonstrates exceptional impact measures, with a perfect impact score of 100. Their program, Guilford Apprenticeship Partners, effectively served 175 beneficiaries within a year, highlighting the organization's dedication to creating tangible community benefits. This high level of effectiveness and accountability positions the foundation as a trustworthy steward of donor contributions.
While the organization shows remarkable strengths, maintaining transparency and a solid governance structure, no specific limitations were mentioned in the available data. Overall, the Community Foundation Of Greater Greensboro Inc stands out as a highly reputable nonprofit committed to impactful community service.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Greater Greensboro Inc legitimate?
Community Foundation Of Greater Greensboro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Greater Greensboro 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: $445,265
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,475,460
For more financial information, click here
Official website here: www.cfgg.org
What is the mission statement of Community Foundation Of Greater Greensboro Inc?
The Community Foundation of Greater Greensboro manages over 600 charitable funds, aiming to strengthen communities by providing support to a wide range of community needs, nonprofit organizations, and educational opportunities. The organization inspires giving, maximizes opportunities, and enhances communities for present and future generations. Specifically, it manages 389 donor-advised and scholarship funds, enabling residents to achieve their individual charitable goals. In the previous year, over 2,800 grants were disbursed to various sectors, including faith-based, health & human service, educational, and community service organizations.
Official website here: www.cfgg.org
Who is the CEO of Community Foundation Of Greater Greensboro Inc?
H Walker Sanders is the President of Community Foundation Of Greater Greensboro Inc.
Official website here: www.cfgg.org
What is the revenue of Community Foundation Of Greater Greensboro Inc?
Community Foundation Of Greater Greensboro Inc's revenue in 2022 was $16,910,759.
Official website here: www.cfgg.org
Who are the executives of Community Foundation Of Greater Greensboro Inc and what are their salaries?
The average compensation at Community Foundation Of Greater Greensboro Inc during 2022 was $56,492. There are 34 employees and 319 volunteers at Community Foundation Of Greater Greensboro Inc.
Here are 36 key members and their salaries:
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Official website here: www.cfgg.org
Where can I find the form 990 for Community Foundation Of Greater Greensboro Inc?
Community Foundation Of Greater Greensboro Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfgg.org
Learn more at the official website: www.cfgg.org
Mission Statement of Community Foundation Of Greater Greensboro Inc
The Community Foundation of Greater Greensboro, a leading philanthropic organization, inspires giving and strengthens communities for present and future generations. With a mission to manage over 600 charitable funds, this institution supports a wide array of community needs, nonprofit organizations, and educational opportunities.
By managing 389 donor-advised and scholarship funds, the Community Foundation enables residents of Greensboro to achieve their individual charitable goals. This organization maximizes opportunities by disbursing more than 2,800 grants annually, primarily to faith-based, health & human service, educational, and other community service organizations. Through its dedicated efforts, the Community Foundation of Greater Greensboro invests in the future of its communities, fostering growth and development for generations to come.
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Impact
October, 2024
The Community Foundation of Greater Greensboro Inc plays a pivotal role in enhancing the quality of life in the Greensboro area by managing over 600 charitable funds. These funds are strategically established to address a wide array of community needs, ensuring that support reaches various organizations and educational opportunities.
In 2022 alone, the foundation facilitated more than 2,800 grants, benefiting faith-based initiatives, health and human services, educational institutions, and other community service organizations. Its commitment to philanthropy through donor-advised and scholarship funds allows residents to pursue their individual charitable goals, fostering a culture of giving and collaboration.
By inspiring generosity and maximizing opportunities for community engagement, the foundation strengthens the fabric of Greensboro, ensuring a lasting impact for both current and future generations.
This information is meant to be a general summary of Community Foundation Of Greater Greensboro 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: $2,358,534
- Program Service Revenue: $250,898
- Gross Receipts: $144,862,809
Assets and Liabilities:
- Total Assets: $230,177,025
- Total Liabilities: $31,177,915
- Net Assets: $198,999,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT INCOME
Revenue
$147,464
ADMIN FEE INCOME
Revenue
$102,002
Organization Details
Founding Year
1983
Phone
(336) 379-9100Principal Officer
H Walker Sanders
Main Address
301 NORTH ELM STREET 100, GREENSBORO, NC, 27401
Website
www.cfgg.orgNTEE Category
Code: T310 - Philanthropy
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