Overview
What is Community Foundation Of The Lowcountry Inc?
The Community Foundation of the Lowcountry Inc, located at 4 Northridge Drive STE A in Hilton Head Island, South Carolina, is a nonprofit organization with a team of 15 employees. Their mission is to strengthen the community by connecting people, resources, and needs. By providing grants to various nonprofit organizations in the region, the Community Foundation significantly enhances the quality of life for citizens in the South Carolina Lowcountry. They offer more than just financial support, as they also provide valuable information, organization development, networking opportunities, and convenings to further bolster the nonprofit sector.
Official website here: www.cf-lowcountry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Community Foundation of the Lowcountry Inc has achieved a top-tier Four-Star rating from Charity Navigator, reflecting its exceptional accountability and financial management. With a perfect score of 100% in the Accountability & Finance category, the organization demonstrates a strong commitment to transparency and responsible stewardship of its resources, which is essential for building trust among donors and stakeholders.
Key strengths include a fully independent board, robust oversight mechanisms, and the absence of material asset diversions. The foundation has also implemented comprehensive policies on conflict of interest, whistleblower protection, and document retention, which further reinforce its governance framework. Additionally, the organization maintains a high program expense ratio of 88.39%, indicating that a significant portion of its funds is directed towards its charitable activities.
While the foundation's financial health appears robust, with a low liabilities-to-assets ratio and high working capital ratio, ongoing monitoring of its operational sustainability will be crucial as it continues to meet the needs of the community it serves. Overall, the Community Foundation of the Lowcountry Inc stands out as a well-managed nonprofit with strong ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of The Lowcountry Inc legitimate?
Community Foundation Of The Lowcountry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The Lowcountry 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: $364,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,772
For more financial information, click here
Official website here: www.cf-lowcountry.org
What is the mission statement of Community Foundation Of The Lowcountry Inc?
The Community Foundation of the Lowcountry aims to strengthen communities by bridging the gap between people, resources, and needs. Through its mission, the organization connects various entities to enhance the quality of life for citizens. The foundation goes beyond grantmaking, providing essential support to the nonprofit sector through leadership and development services. It offers information, organization development, networking, and convenings to foster growth in its region. By bringing people and resources together, the Community Foundation of the Lowcountry plays a vital role in addressing community needs and advancing positive change.
Official website here: www.cf-lowcountry.org
Who is the CEO of Community Foundation Of The Lowcountry Inc?
Nicole Charles is the Chair of Community Foundation Of The Lowcountry Inc. The CEO's salary of Community Foundation Of The Lowcountry Inc is $272,334 and their total compensation is $279,455.
Official website here: www.cf-lowcountry.org
What is the revenue of Community Foundation Of The Lowcountry Inc?
Community Foundation Of The Lowcountry Inc's revenue in 2022 was $27,760,510.
Official website here: www.cf-lowcountry.org
Who are the executives of Community Foundation Of The Lowcountry Inc and what are their salaries?
The average compensation at Community Foundation Of The Lowcountry Inc during 2022 was $59,879. There are 15 employees and 140 volunteers at Community Foundation Of The Lowcountry Inc.
Here are 20 key members and their salaries (Community Foundation Of The Lowcountry Inc's CEO's salary is $272,334 and their total compensation is $279,455):
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- Compensation: $272,334
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- Compensation: $92,073
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- Other: $4,604
Official website here: www.cf-lowcountry.org
Where can I find the form 990 for Community Foundation Of The Lowcountry Inc?
Community Foundation Of The Lowcountry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cf-lowcountry.org
Learn more at the official website: www.cf-lowcountry.org
Mission Statement of Community Foundation Of The Lowcountry Inc
The Community Foundation of the Lowcountry plays a pivotal role in strengthening communities by bridging the gap between people, resources, and needs. With a mission deeply rooted in connection, this esteemed organization has made significant strides in enhancing the quality of life for citizens in the South Carolina Lowcountry.
Throughout its operations, the Community Foundation of the Lowcountry has granted generously to various nonprofit organizations, many of which focus on improving the well-being of local residents. By providing essential resources, the foundation fosters a thriving nonprofit sector, thus uplifting the communities it serves.
In addition to financial support, the Community Foundation of the Lowcountry offers community leadership through information dissemination, organization development, networking, and convening initiatives. By fostering strong partnerships and collaborations, the foundation serves as a catalyst for positive change within the nonprofit sector and beyond. In essence, the Community Foundation of the Lowcountry's mission is about cultivating a vibrant, interconnected web of resources and opportunities that enrich the lives of those it serves.
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Impact
October, 2024
The Community Foundation of the Lowcountry Inc plays a vital role in enhancing the quality of life for residents in the South Carolina Lowcountry. By connecting individuals, resources, and community needs, it serves as a catalyst for positive change. This organization provides critical support through various grants aimed at local initiatives, fostering growth and development across the region.
Through its community leadership efforts, the Foundation offers valuable information and resources that empower local organizations and enhance their effectiveness. It encourages collaboration and networking among stakeholders, facilitating convenings that address key issues facing the community. This multi-faceted approach strengthens the region by ensuring that community needs are met and that resources are effectively utilized to create lasting impact. By addressing social challenges and supporting civic engagement, the Community Foundation of the Lowcountry Inc plays a crucial role in building a more vibrant, connected community.
This information is meant to be a general summary of Community Foundation Of The Lowcountry 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: $2,246,267
- Program Service Revenue: $1,373,220
- Gross Receipts: $27,820,863
Assets and Liabilities:
- Total Assets: $75,355,203
- Total Liabilities: $4,628,234
- Net Assets: $70,726,969
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE INCOME
Revenue
$1,007,220
HHIF ADMIN FEE INCOME
Revenue
$280,000
ADMIN FUND INCOME
Revenue
$86,000
Organization Details
Founding Year
1994
Phone
(843) 681-9100Principal Officer
Nicole Charles
Main Address
4 NORTHRIDGE DRIVE STE A, HILTON HEAD ISLAND, SC, 29925
Website
www.cf-lowcountry.orgNTEE Category
Code: T310 - Philanthropy
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