Overview
What is Foothills Community Foundation?
Foothills Community Foundation is a nonprofit organization situated in Anderson, South Carolina. Their primary mission is to foster charitable wealth within the local community, ensuring its enduring benefit for the people residing in the surrounding area. They achieve this by distributing donations, both private and corporate, to a diverse range of charitable and nonprofit organizations within their vicinity. With a modest workforce of two individuals, Foothills Community Foundation serves as a crucial link between generous donors and the organizations that require their support, thereby contributing to the betterment of their community.
Official website here: www.foothillscommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Foothills Community Foundation has achieved a remarkable rating of 97%, which reflects its strong performance in Accountability and Finance. This high score is significant as it indicates a commitment to transparency and responsible financial practices. With a Four-Star rating, the foundation demonstrates its dedication to ethical stewardship of donor resources.
The foundation's governance structure is notably robust, with a fully independent board composed of 15 members, earning top scores in all governance-related metrics. This includes perfect ratings for its conflict of interest policy, whistleblower policy, and financial oversight, highlighting the foundation's commitment to ethical management and accountability. Additionally, its low liabilities to assets ratio and high program expense ratio indicate that the majority of its funds are directed towards its charitable programs.
One of the strengths of the Foothills Community Foundation is its impressive fundraising efficiency, which showcases its ability to raise funds with minimal costs. The organization has successfully maintained a high working capital ratio, ensuring financial stability and capacity for future projects. Overall, while the data reflects a strong organization, prospective supporters can feel confident in the foundation's operational integrity and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Foothills Community Foundation legitimate?
Foothills Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foothills Community Foundation 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: $118,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,865
For more financial information, click here
Official website here: www.foothillscommunityfoundation.org
What is the mission statement of Foothills Community Foundation?
The Foothills Community Foundation's mission is to cultivate charitable wealth within its community, ensuring its perpetual benefits for the local population. It accomplishes this by redirecting contributions from private and corporate donors to a diverse array of charitable and nonprofit organizations in the surrounding area. The foundation's primary role involves channeling these gifts to various organizations, thereby contributing to the betterment of the community.
Official website here: www.foothillscommunityfoundation.org
Who is the CEO of Foothills Community Foundation?
R Dean Woods is the President of Foothills Community Foundation.
Official website here: www.foothillscommunityfoundation.org
What is the revenue of Foothills Community Foundation?
Foothills Community Foundation's revenue in 2022 was $1,549,778.
Official website here: www.foothillscommunityfoundation.org
Who are the executives of Foothills Community Foundation and what are their salaries?
The average compensation at Foothills Community Foundation during 2022 was $94,630. There are 2 employees at Foothills Community Foundation.
Here are 17 key members and their salaries:
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Official website here: www.foothillscommunityfoundation.org
Where can I find the form 990 for Foothills Community Foundation?
Foothills Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foothillscommunityfoundation.org
Learn more at the official website: www.foothillscommunityfoundation.org
Mission Statement of Foothills Community Foundation
Foothills Community Foundation, a nonprofit organization, is dedicated to nurturing charitable wealth within its community, with the aim of providing perpetual benefits for the people residing in the surrounding area. The foundation serves as a conduit, channeling generous contributions from private and corporate donors to a diverse array of charitable and nonprofit organizations operating within the community. By doing so, Foothills Community Foundation plays a pivotal role in supporting the noble causes and initiatives of these organizations, ultimately contributing to the betterment of the community as a whole.
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Impact
July, 2024
Foothills Community Foundation plays a vital role in nurturing charitable wealth in the Anderson area of South Carolina. By channeling gifts from private and corporate donors to various charitable organizations in the surrounding community, the foundation contributes to the perpetual benefit of the people in the area. Through grants to a variety of charitable organizations, Foothills Community Foundation helps facilitate positive impact and support within the community.
This information is meant to be a general summary of Foothills Community Foundation. 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: -$2,593,545
- Program Service Revenue: $261,604
- Gross Receipts: $1,549,778
Assets and Liabilities:
- Total Assets: $31,506,778
- Total Liabilities: $1,780,561
- Net Assets: $29,726,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OFFICE BUILDING
Revenue
$261,604
Organization Details
Founding Year
1999
Phone
(864) 222-9096Principal Officer
R Dean Woods
Main Address
PO BOX 1228, ANDERSON, SC, 29622
NTEE Category
Code: T310 - Philanthropy
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