Overview
What is Community Foundation Of Central Georgia Inc?
The Community Foundation of Central Georgia Inc is a Macon, Georgia-based nonprofit organization with a mission to improve the lives of Central Georgia residents. By establishing and managing charitable funds on behalf of donors, this foundation enables individuals to leave a lasting legacy and support their preferred causes. The organization primarily focuses on the twenty-one counties in the Central Georgia region, granting funds to local nonprofits and providing scholarships to area students. Their assets are exclusively utilized for charitable purposes, with the goal of enhancing the overall quality of life for the region's population. The organization currently employs a team of seven people.
Official website here: www.cfcga.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Stars .ating.
The Community Foundation of Central Georgia Inc has achieved a perfect score of 100%, reflecting its strong commitment to accountability and financial management. This top rating is based solely on its beacon score for Accountability & Finance, underscoring the organization's transparency and responsible stewardship of funds. With 96% of its board members being independent, the foundation demonstrates a robust governance structure that promotes impartial oversight.
The foundation excels in financial health, with a program expense ratio of 86.22%, indicating that a significant portion of its expenditures directly supports its mission. Additionally, the organization has an impressive fundraising efficiency ratio of just $0.03, meaning it spends minimal resources on fundraising while maximizing contributions to its programs. Its liabilities to assets ratio of 17.64% further indicates strong financial stability.
Moreover, the Community Foundation has established comprehensive policies, including those for conflict of interest, whistleblower protection, and document retention. These measures, alongside the transparent availability of financial documents and board minutes, enhance its credibility and trustworthiness among donors and stakeholders. Overall, the organization's exemplary practices contribute to its reputation as a responsible and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Community Foundation Of Central Georgia Inc?
96% of 25 reviewers on Facebook recommend the Community Foundation of Central Georgia Inc. Here is a summary of their reviews: Many users express gratitude for the foundation's effective management of scholarship funds, highlighting the organization's dedication to supporting education in the community. One reviewer, Sheryl Wilkinson, who serves as president of Macon Music Teachers Association, specifically commended their efforts.
Overall, it seems the foundation is well-regarded for its commitment to serving local needs and fostering educational opportunities. The positive sentiment reflects a strong appreciation for their services and impact within the community. The organization appears to deliver on its promises, making a significant difference in the lives of those it supports.
This AI summary has been generated from reviews found on Facebook.
Is Community Foundation Of Central Georgia Inc legitimate?
Community Foundation Of Central Georgia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Central Georgia 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: $394,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $336,036
For more financial information, click here
Official website here: www.cfcga.org
What is the mission statement of Community Foundation Of Central Georgia Inc?
The Community Foundation of Central Georgia Inc is dedicated to enhancing the quality of life for people in their community. As a community foundation, it provides donors with the opportunity to create a lasting legacy by establishing their own charitable funds. The foundation's assets are administered exclusively for charitable purposes, primarily benefiting the twenty-one counties that make up the Central Georgia region. Through its nonprofit grant program, the foundation supports local charities, and through its scholarship programs, it assists students in their educational pursuits.
Official website here: www.cfcga.org
Who is the CEO of Community Foundation Of Central Georgia Inc?
Kathryn H Dennis is the Pres & Bd Me of Community Foundation Of Central Georgia Inc.
Official website here: www.cfcga.org
What is the revenue of Community Foundation Of Central Georgia Inc?
Community Foundation Of Central Georgia Inc's revenue in 2023 was $18,403,199.
Official website here: www.cfcga.org
Who are the executives of Community Foundation Of Central Georgia Inc and what are their salaries?
The average compensation at Community Foundation Of Central Georgia Inc during 2023 was $104,362. There are 7 employees at Community Foundation Of Central Georgia Inc.
Here are 29 key members and their salaries:
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Official website here: www.cfcga.org
Where can I find the form 990 for Community Foundation Of Central Georgia Inc?
Community Foundation Of Central Georgia Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfcga.org
Learn more at the official website: www.cfcga.org
Mission Statement of Community Foundation Of Central Georgia Inc
The Community Foundation of Central Georgia, a community-focused organization, strives to enhance the quality of life for the people residing in Central Georgia. By establishing charitable funds, donors have the opportunity to create a lasting legacy and support the causes they hold dear. The Community Foundation of Central Georgia manages and administers these assets exclusively for charitable purposes, primarily benefiting the 21 counties constituting the Central Georgia region.
Through its Nonprofit Grant Program, the organization extends financial support to local nonprofits, enabling them to carry out their missions effectively. Furthermore, the Community Foundation of Central Georgia offers Scholarship Programs, providing educational opportunities for students in the area. Together, these initiatives contribute significantly to the well-being of Central Georgia's residents and foster sustainable growth within the community.
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Impact
October, 2024
The Community Foundation of Central Georgia Inc significantly enhances the quality of life for residents in the Central Georgia region. By providing a platform for donors to establish charitable funds, it fosters a culture of giving that directly supports local initiatives and causes that matter most to the community.
With a focus on the twenty-one counties in Central Georgia, the foundation administers assets exclusively for charitable purposes, ensuring that funds are directed towards impactful programs and services. Through their grant program, they allocate resources to various area charities, which in turn uplift the community and address pressing needs.
Additionally, the foundation plays a vital role in supporting education through scholarship programs aimed at local students. This commitment to fostering educational opportunities not only helps individuals but also strengthens the community as a whole, promoting a brighter future for Central Georgia. The collective efforts of the foundation and its donors create a lasting legacy, enabling significant positive change throughout the region.
This information is meant to be a general summary of Community Foundation Of Central Georgia 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 2023.
- Investment Income: $6,770,604
- Gross Receipts: $38,986,904
Assets and Liabilities:
- Total Assets: $167,630,484
- Total Liabilities: $29,585,621
- Net Assets: $138,044,863
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Organization Details
Founding Year
1993
Phone
(478) 750-9338Principal Officer
Kathryn H Dennis
Main Address
577 MULBERRY STREET SUITE 1600, MACON, GA, 31201
Website
www.cfcga.orgNTEE Category
Code: T310 - Philanthropy
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