Overview
What is Triangle Community Foundation Inc?
Triangle Community Foundation is a North Carolina-based nonprofit organization located in Durham, with a mission to bridge the gap between community needs and philanthropic resources. They inspire giving, leadership, and action by connecting resources with opportunities for enlightened change. With a team of 22 dedicated individuals, Triangle Community Foundation encourages philanthropy as a way of life, striving to make a positive impact on the community.
Official website here: www.trianglecf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Triangle Community Foundation Inc has achieved a perfect score of 100%, reflecting exceptional accountability and financial health. The organization boasts a strong independent board, with all 16 members being independent, and demonstrates rigorous financial oversight through its Audit and Oversight Committee. Key policies regarding conflicts of interest, whistleblower protections, and document retention are all in place and well-documented.
Financially, the foundation shows impressive metrics, including a program expense ratio of nearly 93%, indicating that a significant portion of its budget directly supports its programs. The organization's fundraising efficiency is outstanding, with minimal costs incurred to raise funds, and it maintains a healthy working capital ratio of 8.68 years, suggesting long-term sustainability and financial stability.
Overall, Triangle Community Foundation Inc emerges as a highly accountable and financially responsible organization, committed to transparent operations and effective use of resources. There are no noted limitations in the data, reinforcing its strong reputation as a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Triangle Community Foundation Inc legitimate?
Triangle Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triangle Community Foundation 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: $428,299
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,169,841
For more financial information, click here
Official website here: www.trianglecf.org
What is the mission statement of Triangle Community Foundation Inc?
The Triangle Community Foundation inspires and mobilizes giving, leadership, and action, connecting philanthropic resources with community needs to foster enlightened changes. By encouraging philanthropy as a way of life, this organization bridges the gap between resources and community necessities, paving the way for meaningful transformations. Through its initiatives, the foundation aims to inspire and motivate individuals to make a positive impact on their communities.
Official website here: www.trianglecf.org
Who is the CEO of Triangle Community Foundation Inc?
Lori O'Keefe is the President & Ceo of Triangle Community Foundation Inc. The CEO's salary of Triangle Community Foundation Inc is $205,764 and their total compensation is $232,347.
Official website here: www.trianglecf.org
What is the revenue of Triangle Community Foundation Inc?
Triangle Community Foundation Inc's revenue in 2022 was $54,285,368.
Official website here: www.trianglecf.org
Who are the executives of Triangle Community Foundation Inc and what are their salaries?
The average compensation at Triangle Community Foundation Inc during 2022 was $72,643. There are 22 employees and 26 volunteers at Triangle Community Foundation Inc.
Here are 21 key members and their salaries (Triangle Community Foundation Inc's CEO's salary is $205,764 and their total compensation is $232,347):
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- Compensation: $205,764
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- Compensation: $152,224
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- Other: $23,349
- Compensation: $135,886
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- Other: $9,269
- Compensation: $121,451
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- Other: $13,411
Official website here: www.trianglecf.org
Where can I find the form 990 for Triangle Community Foundation Inc?
Triangle Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trianglecf.org
Learn more at the official website: www.trianglecf.org
Mission Statement of Triangle Community Foundation Inc
Triangle Community Foundation, a leading philanthropic organization, inspires and mobilizes giving, leadership, and action. By connecting philanthropic resources with community needs, this foundation creates opportunities for enlightened change. In simple terms, Triangle Community Foundation serves as a bridge between those who wish to make a difference and the causes that require support. Through its inspiring mission, the organization encourages philanthropy as a way of life.
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Impact
October, 2024
Triangle Community Foundation Inc significantly influences the community by connecting philanthropic resources with pressing local needs. This organization not only fosters a culture of giving but also creates meaningful opportunities for positive change. By inspiring and mobilizing leadership and action, it encourages individuals and groups to engage in philanthropy as a way of life. Its efforts lead to enlightened changes that benefit the Durham, NC area, ultimately enhancing the quality of life for its residents.
This information is meant to be a general summary of Triangle Community Foundation 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: $14,255,419
- Gross Receipts: $151,210,522
Assets and Liabilities:
- Total Assets: $269,635,046
- Total Liabilities: $17,536,794
- Net Assets: $252,098,252
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Organization Details
Founding Year
1983
Phone
(919) 474-8370Principal Officer
Lori O'Keefe
Main Address
PO BOX 12729, DURHAM, NC, 277092729
Website
www.trianglecf.orgNTEE Category
Code: T310 - Philanthropy
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