Overview
What is Community Foundation Of The Chattahoochee Valley Inc?
Community Foundation of the Chattahoochee Valley Inc, located in Columbus, Georgia, serves as a catalyst for philanthropy within the Chattahoochee Valley. With approximately 472 donors contributing a total of $34.6 million during the year, the foundation distributes grants to around 1,711 recipients, amounting to $18.5 million. Their mission is to inspire, facilitate, and foster a vibrant and engaged Chattahoochee Valley by enabling and promoting philanthropy. The foundation's activities focus on improving the community's well-being, employing a team of five individuals.
Official website here: www.cfcv.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Community Foundation Of The Chattahoochee Valley Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial management. With a score of 99% in Accountability & Finance, the organization demonstrates transparency through independent oversight, including a fully independent board and rigorous financial practices. Their high program expense ratio of 93.46% reflects a dedication to channeling resources effectively toward their mission.
Strengths of the foundation include a robust leadership framework, scoring a perfect 100 in Leadership & Adaptability. This suggests that the organization not only has a clear strategic vision but also excels in executing its plans and adapting to changing circumstances. Their policies concerning board governance and conflict of interest demonstrate a proactive approach to maintaining integrity and ethical standards.
However, a noted limitation is the absence of a donor privacy policy, which received a low score. While this does not overshadow their overall strong performance, it highlights an area for improvement in ensuring the confidentiality and trust of their donors. Overall, the foundation stands out as a reliable and well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of The Chattahoochee Valley Inc legitimate?
Community Foundation Of The Chattahoochee Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The Chattahoochee Valley 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: $199,003
Professional Fundraising Fees: $0
Other Salaries and Wages: $421,793
For more financial information, click here
Official website here: www.cfcv.com
What is the mission statement of Community Foundation Of The Chattahoochee Valley Inc?
The Community Foundation of the Chattahoochee Valley inspires and facilitates philanthropy, fostering a vibrant and engaged community. By enabling philanthropic activities, the organization plays a significant role in making a positive impact. During the given year, the foundation received a substantial contribution income of approximately $34.6 million from around 472 donors. The foundation disbursed grants totaling nearly $18.5 million to approximately 1,711 recipients. These grants were instrumental in supporting various initiatives and projects across the community. Through its philanthropic efforts, the Community Foundation of the Chattahoochee Valley continues to inspire and empower individuals and organizations to make a difference.
Official website here: www.cfcv.com
Who is the CEO of Community Foundation Of The Chattahoochee Valley Inc?
Betsy W Covington is the Treasurer/Chair Finance/Investment of Community Foundation Of The Chattahoochee Valley Inc. The CEO's salary of Community Foundation Of The Chattahoochee Valley Inc is $178,912 and their total compensation is $201,673.
Official website here: www.cfcv.com
What is the revenue of Community Foundation Of The Chattahoochee Valley Inc?
Community Foundation Of The Chattahoochee Valley Inc's revenue in 2022 was $43,664,742.
Official website here: www.cfcv.com
Who are the executives of Community Foundation Of The Chattahoochee Valley Inc and what are their salaries?
The average compensation at Community Foundation Of The Chattahoochee Valley Inc during 2022 was $124,159. There are 5 employees and 37 volunteers at Community Foundation Of The Chattahoochee Valley Inc.
Here are 22 key members and their salaries (Community Foundation Of The Chattahoochee Valley Inc's CEO's salary is $178,912 and their total compensation is $201,673):
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- Compensation: $178,912
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- Compensation: $120,254
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- Compensation: $111,402
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- Other: $5,251
Official website here: www.cfcv.com
Where can I find the form 990 for Community Foundation Of The Chattahoochee Valley Inc?
Community Foundation Of The Chattahoochee Valley Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfcv.com
Learn more at the official website: www.cfcv.com
Mission Statement of Community Foundation Of The Chattahoochee Valley Inc
The Community Foundation of the Chattahoochee Valley, a leading philanthropic organization, inspires, facilitates, and fosters a vibrant and engaged community by enabling and promoting charitable giving. This foundation's mission is geared towards inspiring individuals and organizations to make a difference and contribute to various causes that enrich the region. By providing the necessary resources and expertise, the Community Foundation of the Chattahoochee Valley plays a crucial role in catalyzing philanthropy within the community.
During the past year, the foundation received an impressive $34,624,946 in contribution income from approximately 472 donors. This substantial support enabled the foundation to disburse grants to around 1,711 recipient organizations, totaling $18,534,514. These grants have brought about meaningful change, positively impacting various aspects of community life. The foundation's efforts extend beyond financial support, as it also facilitates collaborations, fosters innovative solutions, and advocates for important causes. As a result, the Community Foundation of the Chattahoochee Valley is a driving force for positive change within the community, inspiring generosity and making a significant difference in people's lives.
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Impact
October, 2024
The Community Foundation of the Chattahoochee Valley plays a vital role in enhancing the region through philanthropy. In a recent year, it facilitated an impressive $34,624,946 in contributions from approximately 472 donors, showcasing a strong community commitment to support local initiatives.
This foundation not only collects funds but also ensures that they are effectively utilized for community development. During the same period, over $18.5 million in grants were disbursed to around 1,711 recipients, demonstrating a significant impact across various sectors. By fostering a culture of giving, the foundation inspires and supports projects that engage and uplift the Chattahoochee Valley community, ultimately contributing to a more vibrant and connected society.
This information is meant to be a general summary of Community Foundation Of The Chattahoochee Valley 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: $9,089,416
- Program Service Revenue: -$49,620
- Gross Receipts: $52,075,360
Assets and Liabilities:
- Total Assets: $267,365,768
- Total Liabilities: $5,422,950
- Net Assets: $261,942,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHANGE IN FAIR VALUE OF SPLIT INT
Revenue
-$49,620
Organization Details
Founding Year
1998
Phone
(706) 320-0027Principal Officer
Betsy W Covington
Main Address
1340 13TH STREET, COLUMBUS, GA, 319012345
Website
www.cfcv.comNTEE Category
Code: T31 - Philanthropy
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