Overview
What is Coweta Community Foundation Inc?
Coweta Community Foundation Inc is a nonprofit organization based in Newnan, Georgia, with a mission to improve the quality of life in Coweta County. They achieve this by encouraging philanthropic engagement from individuals, families, corporations, non-profits, and communities. The foundation accepts contributions of all sizes and distributes grants to a variety of organizations, addressing evolving needs and opportunities in the community. Their approach includes grants, education, donor-advised funds, scholarship funds, and fiscal sponsorship. The foundation supports initiatives such as long-term disaster recovery, the Coweta Sheriff's Fund, Community Service Team, and 100 Women Who Care. Guided by its mission, Coweta Community Foundation Inc aims to serve diverse donor interests, provide leadership in addressing community needs, steward funds responsibly, and promote collaboration among local organizations. The foundation manages individual gifts and bequests as an endowed pool of assets, distributing grants to organizations that enhance and support the quality of life in Coweta County. Word count: 118
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
Coweta Community Foundation Inc has achieved a remarkable 98% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This high score, which earns the organization a Four-Star designation, is particularly noteworthy as it indicates effective management and transparency in its operations, especially in its most recent fiscal year (FY2022).
The foundation demonstrates several organizational strengths, including a fully independent board comprised of 16 members and comprehensive financial oversight mechanisms. It has no material diversion of assets and maintains robust policies regarding conflicts of interest and whistleblower protections. The foundation also excels in its program expenses, directing a substantial 81.90% of its resources towards its programs, which suggests a focus on impactful community initiatives.
While the rating highlights many positive attributes, it is essential for potential donors and stakeholders to consider not just the financial metrics but also the broader impact of the foundation's programs. The limited information on specific program outcomes may leave some interested parties wanting more insight into how effectively the foundation serves its community. Overall, Coweta Community Foundation Inc stands out for its financial integrity and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Coweta Community Foundation Inc legitimate?
Coweta Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coweta 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: $0
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Other Salaries and Wages: $240,002
For more financial information, click here
What is the mission statement of Coweta Community Foundation Inc?
The Coweta Community Foundation Inc's mission is centered around local philanthropy, catering to the shifting needs of its community. It manages individual gifts and bequests, forming an endowed pool of assets, and distributes grants to a wide array of organizations. These organizations work towards enhancing and supporting the quality of life in the community. The foundation encourages participation from individuals, families, corporations, non-profits, and communities, aiming to make a positive impact. It accepts contributions of all sizes, enabling donors to address evolving needs and opportunities within the community. The foundation's approach combines grants, education, donor-advised funds, scholarship funds, and fiscal sponsorship to support non-profits and innovative community programs. Guided by its mission, the foundation has set clear objectives: serving diverse donor interests, providing leadership in addressing community needs, stewarding funds responsibly, and promoting collaboration among local organizations.
Who is the CEO of Coweta Community Foundation Inc?
Cynthia Bennett is the Chairman of Coweta Community Foundation Inc.
What is the revenue of Coweta Community Foundation Inc?
Coweta Community Foundation Inc's revenue in 2022 was $1,201,723.
Who are the executives of Coweta Community Foundation Inc and what are their salaries?
The average compensation at Coweta Community Foundation Inc during 2022 was $13,333. There are 18 employees and 100 volunteers at Coweta Community Foundation Inc.
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Where can I find the form 990 for Coweta Community Foundation Inc?
Coweta Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coweta Community Foundation Inc
The Coweta Community Foundation Inc, with a focus on local philanthropy, addresses the evolving needs of its community. Acting as an endowed pool of assets, the foundation manages individual gifts and bequests, distributing grants to a multitude of organizations that contribute to enhancing and supporting the quality of life in Coweta County. The organization's mission is to foster philanthropic engagement, encouraging individuals, families, corporations, non-profits, and communities to actively participate in making a positive impact. The foundation accepts contributions of all sizes, empowering donors to address evolving needs and opportunities in the community.
Guided by its mission, the Coweta Community Foundation sets clear goals. It aims to serve diverse donor interests, providing leadership in addressing community needs. The foundation is committed to stewarding funds responsibly, ensuring that resources are utilized effectively and ethically. Additionally, the foundation promotes collaboration among local organizations, fostering a cooperative environment that benefits the entire community. Through its grants, education, donor-advised funds, scholarship funds, and fiscal sponsorship, the Coweta Community Foundation supports various non-profits and innovative community programs, including long-term disaster recovery, the Coweta Sheriff's Fund, Community Service Team, and 100 Women Who Care.
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Impact
July, 2024
Coweta Community Foundation Inc has a significant impact on Coweta County, Georgia. Through fostering philanthropic engagement, this organization encourages individuals, families, corporations, nonprofits, and communities to actively participate in making a positive impact in the community. By accepting contributions of all sizes, the Foundation empowers donors to address evolving needs and opportunities in the area. Their approach combines grants, education, donor-advised funds, scholarship funds, and fiscal sponsorship to support nonprofits and innovative community programs. Some of the specific initiatives they support include long-term disaster recovery, the Coweta Sheriff's Fund, the Community Service Team, and 100 Women Who Care. Through these efforts, the Foundation serves diverse donor interests, provides leadership in addressing community needs, steward funds responsibly, and promotes collaboration among local organizations.
This information is meant to be a general summary of Coweta 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $428
- Gross Receipts: $1,201,723
Assets and Liabilities:
- Total Assets: $1,746,731
- Total Liabilities: $30,171
- Net Assets: $1,716,560
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Organization Details
Founding Year
1997
Phone
(770) 253-1833Principal Officer
Cynthia Bennett
Main Address
PO Box 236, Newnan, GA, 30264
NTEE Category
Code: T31 - Philanthropy
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