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Cumberland Community Foundation Inc

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

EIN: 581406831 ✦ Fayetteville, NC ✦ Designated as a 501(c)(3)

Overview

What is Cumberland Community Foundation Inc?

Cumberland Community Foundation Inc, based in Fayetteville, North Carolina, is a dynamic nonprofit organization that fosters philanthropy and enriches community life in Cumberland County. Through grant making, scholarships, endowment building, community leadership, and nonprofit training, they support a diverse range of causes in education, human services, youth, health, environment, historical preservation, arts and culture, economic empowerment, and more. During fiscal year 2022-2023, they awarded $8,389,149 in scholarships and grants to students and programs. By providing training and technical assistance to local nonprofits, organizing community collaborations, and offering donor education events, Cumberland Community Foundation continues its mission to build a vibrant and inclusive community that offers sustainable opportunities for future generations. Their vision is rooted in trustworthy stewardship, collective giving, community engagement, endowment growth, and continuous improvement.


Official website here: www.cumberlandcf.org

Is Cumberland Community Foundation Inc legitimate?

Cumberland Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cumberlandcf.org

What is the mission statement of Cumberland Community Foundation Inc?

The Cumberland Community Foundation Inc is dedicated to enhancing community life by facilitating, encouraging, and growing philanthropy for various causes. Their mission is to bring people together through charitable giving, fostering a vibrant and inclusive community that offers sustainable opportunities for future generations. They believe in accountable stewardship of charitable resources, the power of collective giving to address community needs and opportunities, engaging the diverse community to improve quality of life, building endowments for long-term change, and continuous improvement to achieve excellence in their work.


Official website here: www.cumberlandcf.org

Who is the CEO of Cumberland Community Foundation Inc?

Gail Riddle is the Board Chair of Cumberland Community Foundation Inc. The CEO's salary of Cumberland Community Foundation Inc is $185,104 and their total compensation is $185,104.


Official website here: www.cumberlandcf.org

What is the revenue of Cumberland Community Foundation Inc?

Cumberland Community Foundation Inc's revenue in 2023 was $14,602,785.


Official website here: www.cumberlandcf.org

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

There are 9 employees and 60 volunteers at Cumberland Community Foundation Inc.

Here are 23 key members and their salaries (Cumberland Community Foundation Inc's CEO's salary is $185,104 and their total compensation is $185,104):

    Mary Holmes (President/Ceo)
  • Compensation: $185,104
  • Related: $0
  • Other: $0

    • Mary Anne Brooks (Chief Financial Officer)
  • Compensation: $120,934
  • Related: $0
  • Other: $0

    • Bruce Dantzler (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail A Riddle (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol L Dickey (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank R Lopes Jr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James R Konneker (Asst. Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet M Prewitt (Asst. Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Bass Jr (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vera L Bell (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerial H Bogan (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Libby S Daniel (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Keever (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra W Monroe (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Perko (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wc Powers (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly D Puryear (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Smith (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Myrtle Alston Summers (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lockett Tally (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Vonnegut (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max J Weinstein (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eva C Williams (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cumberlandcf.org

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

    The Cumberland Community Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cumberlandcf.org

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

    Mission Statement of Cumberland Community Foundation Inc

    Cumberland Community Foundation Inc, a philanthropic organization, is dedicated to facilitating, encouraging, and growing charitable giving for various causes in the community. Its mission is geared towards enhancing the quality and spirit of community life. The organization believes in stewardship, collective giving, community engagement, endowments, and continuous improvement as the keys to achieving its objectives.

    In practice, Cumberland Community Foundation Inc places trust and accountability at the heart of its charitable resource management. It harnesses the power of collective giving to address community needs and opportunities. The foundation actively engages its diverse community to create a vibrant and inclusive environment, where sustainable opportunities are available for future generations. Moreover, it builds endowments to preserve donor intent and bring about long-term community change. Lastly, it strives for excellence in all aspects of its work through continuous improvement.

    Cumberland Community Foundation Inc operates under the belief that charitable giving has the power to bring about positive change within its community. By fostering trustworthy stewardship, harnessing collective giving, engaging diverse communities, building endowments, and relentlessly striving for excellence, the organization aims to make a meaningful impact on the lives of people in the community, ensuring a sustainable future for all.

    Impact

    This information is meant to be a general summary of Cumberland Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cumberland Community Foundation Inc's impact includes facilitating, encouraging, and growing philanthropy for diverse causes to improve the quality of life for all in Cumberland County, NC. They have made significant contributions to the community through grants, scholarships, endowment building, and community leadership activities. In fiscal year 2022-2023, they provided scholarships and grants totaling $8,389,149 to support students and programs in education, human services, youth, health, environment, historical preservation, arts and culture, economic empowerment, and other charitable programs.

    Additionally, Cumberland Community Foundation Inc provides community leadership through training and technical assistance for local organizations, fundraising campaigns, convenings to build collaboration and impact, donor education events, and service on community-wide projects that aim to improve the quality of life in various areas. Their mission focuses on giving together to enhance the quality and spirit of community life, with a vision of creating a vibrant, inclusive community that provides sustainable opportunities for generations. Through their core values of trustworthy and accountable stewardship, collective giving, community engagement, endowment building, and continuous improvement, they strive for excellence in all aspects of their work.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,483,766
  • Program Service Revenue: $0
  • Gross Receipts: $14,602,785

    • Assets and Liabilities:
  • Total Assets: $121,252,486
  • Total Liabilities: $13,342,369
  • Net Assets: $107,910,117
  • Organization Details

    Founding Year

    1980

    Principal Officer

    Gail Riddle

    Main Address

    PO BOX 2345, FAYETTEVILLE, NC, 283022345

    NTEE Category

    Code: T31Z - Philanthropy

    If you are a representative of Cumberland Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.