Overview
What is The Landfall Foundation Inc?
The Landfall Foundation Inc, situated in Wilmington, North Carolina, serves as a grant-giving entity. With a primary focus on the local community, this nonprofit organization extends financial support to various nonprofit organizations in the region. Their mission is to bolster initiatives that enhance the arts, education, and overall welfare for the greater Wilmington community. They channel their resources towards programs and projects that align with these areas, as per the details outlined in their schedule. The foundation's US address is 1924 Pembroke Jones Drive, Wilmington, North Carolina, 28405.
Official website here: www.landfallfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Landfall Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored 77%, primarily based on its Accountability & Finance metrics, which reflects a strong commitment to operational transparency and integrity.
The foundation demonstrates exemplary governance with a fully independent board, achieving full scores in board independence and size. It also maintains no material diversion of assets, indicating effective management of resources. Additionally, the organization showcases robust practices regarding conflict of interest policies and document retention, assuring stakeholders of its commitment to ethical operations.
While the overall score is commendable, it is solely based on the Accountability & Finance beacon, which may not provide a comprehensive view of the foundation's impact and effectiveness in program delivery. Future assessments could benefit from incorporating additional performance indicators to give a fuller picture of the organization's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Landfall Foundation Inc legitimate?
The Landfall Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Landfall 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.
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Official website here: www.landfallfoundation.org
What is the mission statement of The Landfall Foundation Inc?
The Landfall Foundation Inc's mission is centered around providing financial aid to local nonprofit organizations. This support is primarily intended for initiatives that foster the arts, education, and enhance the health and welfare of communities. By offering grants, the foundation aims to contribute significantly to these sectors, thereby making a positive impact on the lives of those within its purview. The specifics of the grants can be found in Schedule I.
Official website here: www.landfallfoundation.org
Who is the CEO of The Landfall Foundation Inc?
Donis Smith is the President of The Landfall Foundation Inc.
Official website here: www.landfallfoundation.org
What is the revenue of The Landfall Foundation Inc?
The Landfall Foundation Inc's revenue in 2022 was $680,233.
Official website here: www.landfallfoundation.org
Who are the executives of The Landfall Foundation Inc and what are their salaries?
There 75 volunteers at The Landfall Foundation Inc.
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Official website here: www.landfallfoundation.org
Where can I find the form 990 for The Landfall Foundation Inc?
The Landfall Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.landfallfoundation.org
Learn more at the official website: www.landfallfoundation.org
Mission Statement of The Landfall Foundation Inc
The Landfall Foundation Inc is committed to supporting local nonprofit organizations in their endeavors. Its mission is centered around providing financial assistance for programs and projects that contribute to the arts, education, and the health and welfare of the community in Wilmington, North Carolina. The foundation aims to make a significant impact in these key areas, recognizing their importance in fostering a well-rounded and thriving community. By offering grants, The Landfall Foundation Inc empowers these organizations to carry out their initiatives and make a difference in the lives of those they serve.
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Impact
July, 2024
The Landfall Foundation Inc has a significant impact on the greater Wilmington, North Carolina area by providing funds to local nonprofit organizations for programs and projects in the areas of arts, education, and health and welfare. Through their philanthropic activities, they support initiatives that enhance the quality of life for the community and contribute to its overall well-being. Their grants to organizations play a crucial role in fostering growth and development in these important sectors, ultimately making a tangible difference in the lives of residents in Wilmington and its surrounding areas.
This information is meant to be a general summary of The Landfall 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: $20,596
- Gross Receipts: $873,081
Assets and Liabilities:
- Total Assets: $830,541
- Total Liabilities: $1,664
- Net Assets: $828,877
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Organization Details
Founding Year
1995
Phone
(910) 470-4741Principal Officer
Donis Smith
Main Address
1924 Pembroke Jones Drive, Wilmington, NC, 28405
Website
www.landfallfoundation.orgNTEE Category
Code: T70 - Philanthropy
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