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Capital Community Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561942969 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Capital Community Foundation Inc?

Capital Community Foundation Inc, based in Raleigh, North Carolina, is a nonprofit organization committed to supporting various 501(c)(3) public charities both domestically and internationally. Their primary function is to raise funds and facilitate contributions for these charities. With a modest workforce of three individuals, they have a mission to extend their reach and impact across the United States and beyond, benefiting numerous nonprofit organizations in their mission to serve the community. The foundation grants to these charities, as outlined in the attached list.


Official website here: www.capitalcf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Capital Community Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. The organization scores 81% in its Accountability & Finance metrics, indicating a strong performance in these areas, particularly in having a majority independent board and no material diversion of assets.

Strengths of the foundation include a high level of transparency and governance, demonstrated by policies on conflicts of interest and whistleblower protections. Additionally, the foundation's program expense ratio is impressive at 89.60%, meaning that a significant portion of its funds are directed towards its programs rather than administrative costs.

While the organization shows robust performance metrics, the overall score is based solely on financial accountability, which may limit the assessment of its overall impact and effectiveness in achieving its mission. Potential donors may want to consider looking beyond the financials to understand the foundation's broader contributions to the community.


This AI summary has been generated from information found on Charity Navigator.

Is Capital Community Foundation Inc legitimate?

Capital Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,500

For more financial information, click here


Official website here: www.capitalcf.org

What is the mission statement of Capital Community Foundation Inc?

Capital Community Foundation Inc's mission involves raising funds and facilitating contributions to support various 501(c)(3) public charities, extending its reach both within the United States and internationally. The foundation's primary objective is to donate funds to these charities, as outlined in an attached list. By doing so, it aims to contribute positively to various social causes and communities in need, globally.


Official website here: www.capitalcf.org

Who is the CEO of Capital Community Foundation Inc?

Jennifer S Munford is the President & Ceo of Capital Community Foundation Inc. The CEO's salary of Capital Community Foundation Inc is $120,000 and their total compensation is $120,000.


Official website here: www.capitalcf.org

What is the revenue of Capital Community Foundation Inc?

Capital Community Foundation Inc's revenue in 2022 was $554,041.


Official website here: www.capitalcf.org

Who are the executives of Capital Community Foundation Inc and what are their salaries?

The average compensation at Capital Community Foundation Inc during 2022 was $69,833. There are 3 employees at Capital Community Foundation Inc.


Here are 10 key members and their salaries (Capital Community Foundation Inc's CEO's salary is $120,000 and their total compensation is $120,000):


Jennifer S Munford (President & Ceo)
  • Compensation: $120,000
  • Related: $0
  • Other: $0
Bailey M Williams (Cfo)
  • Compensation: $21,000
  • Related: $0
  • Other: $0
J Stephenson Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Y Coble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard A Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas H Fetzer Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara P King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Clark Sprunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Donavon Munford Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian N Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.capitalcf.org

Where can I find the form 990 for Capital Community Foundation Inc?

Capital Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.capitalcf.org

Learn more at the official website: www.capitalcf.org

Mission Statement of Capital Community Foundation Inc

Capital Community Foundation Inc is dedicated to raising funds and facilitating contributions for various 501(c)(3) public charities, extending its reach both domestically and internationally. Its mission, in simple terms, is to serve as a catalyst for charitable giving, channeling resources to a diverse array of nonprofit organizations that share its commitment to enhancing communities and making a positive impact on people's lives. The foundation's grants are exclusively directed towards 501(c)(3) charities, as outlined in the attached list, demonstrating its unwavering support for these organizations and their noble causes.

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Impact




July, 2024

Capital Community Foundation Inc's impact can be seen in the funds raised and contributions facilitated to benefit various 501(c)(3) public charities in the United States and abroad. This philanthropic organization has aided numerous nonprofits in their missions to create positive change and support communities in need. Through their fundraising efforts, they have helped address pressing social issues and improve the lives of individuals and communities.




This information is meant to be a general summary of Capital 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.

Revenue
$554,041 (2022)
Expenses
$1,236,093 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $149,504
  • Gross Receipts: $604,452

Assets and Liabilities:

  • Total Assets: $19,849,960
  • Total Liabilities: $0
  • Net Assets: $19,849,960

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Organization Details

Founding Year

1995

Principal Officer

Jennifer S Munford

Main Address

PO Box 18902, Raleigh, NC, 276198902

NTEE Category

Code: T31 - Philanthropy

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