Overview
What is Community Foundation Of Greenville Inc?
Community Foundation of Greenville is a Greenville-area grant maker with a mission to enhance community welfare. They actively collaborate with local organizations to tackle community challenges, manage and dispense funds, and directly support targeted programs. Through their grant-making activities, they contribute significant financial resources to improve the overall quality of life in the Greenville community.
Official website here: www.cfgreenville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Community Foundation of Greenville Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. With a perfect score in multiple areas, including independent board membership and financial oversight, the foundation demonstrates strong governance practices and transparency in its operations.
One of the organization's key strengths is its efficient allocation of resources, with a program expense ratio of nearly 93%. This indicates that a significant portion of funds is directed toward its mission-driven programs rather than administrative or fundraising costs. Additionally, the foundation has a commendable fundraising efficiency ratio, which highlights its ability to generate support without incurring excessive expenses.
While the foundation's financial health appears robust, with low liabilities relative to its assets, the salaries of key personnel may raise questions for some stakeholders. The President and CFO/COO are compensated at high levels, which could prompt discussions about executive pay in relation to the organization's overall mission. However, the foundation's strong performance metrics and policies in place suggest a dedication to ethical practices and sound financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Greenville Inc legitimate?
Community Foundation Of Greenville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Greenville 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: $380,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $328,917
For more financial information, click here
Official website here: www.cfgreenville.org
What is the mission statement of Community Foundation Of Greenville Inc?
The Community Foundation of Greenville is a grant-making organization committed to enhancing community welfare. It fosters partnerships among various groups to address common issues and improve social conditions. By managing and distributing funds, the foundation directly supports targeted programs aimed at promoting community well-being. The foundation's mission encompasses encouraging collaboration, facilitating the allocation of resources, and investing in initiatives that positively impact the community.
Official website here: www.cfgreenville.org
Who is the CEO of Community Foundation Of Greenville Inc?
Robert Morris is the President of Community Foundation Of Greenville Inc.
Official website here: www.cfgreenville.org
What is the revenue of Community Foundation Of Greenville Inc?
Community Foundation Of Greenville Inc's revenue in 2022 was $33,639,494.
Official website here: www.cfgreenville.org
Who are the executives of Community Foundation Of Greenville Inc and what are their salaries?
The average compensation at Community Foundation Of Greenville Inc during 2022 was $101,416. There are 7 employees at Community Foundation Of Greenville Inc.
Here are 32 key members and their salaries:
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Official website here: www.cfgreenville.org
Where can I find the form 990 for Community Foundation Of Greenville Inc?
Community Foundation Of Greenville Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfgreenville.org
Learn more at the official website: www.cfgreenville.org
Mission Statement of Community Foundation Of Greenville Inc
Community Foundation of Greenville, a grant-making organization, is committed to enhancing community welfare by distributing funds. With a focus on collaboration, this foundation brings together various groups to address common issues and find collective solutions. Not only does it manage and allocate resources, but it also directly supports targeted programs in the Greenville area. Through its grant-making efforts, Community Foundation of Greenville takes a proactive role in improving community well-being.
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Impact
October, 2024
The Community Foundation of Greenville Inc significantly enhances the well-being of the Greenville community by strategically distributing funds to address local needs. By fostering collaboration among various organizations, it effectively mobilizes resources to solve pressing community issues. The foundation not only manages and allocates financial support but also directly invests in targeted programs that uplift residents and strengthen communal ties. Its commitment to philanthropy ensures that diverse initiatives can thrive, creating a more vibrant and resilient Greenville. Through its efforts, the foundation plays a crucial role in driving positive change and supporting the overall health of the community.
This information is meant to be a general summary of Community Foundation Of Greenville 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: $2,625,782
- Program Service Revenue: $143,186
- Gross Receipts: $50,187,492
Assets and Liabilities:
- Total Assets: $102,998,465
- Total Liabilities: $10,097,655
- Net Assets: $92,900,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$143,186
Organization Details
Founding Year
1956
Phone
(864) 233-5925Principal Officer
Robert Morris
Main Address
630 E WASHINGTON STREET RM/STE A, GREENVILLE, SC, 29601
Website
www.cfgreenville.orgNTEE Category
Code: T310 - Philanthropy
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