Overview
What is Laurens County Community Foundation Inc?
The Laurens County Community Foundation Inc, situated in Clinton, South Carolina, is a public, charitable organization with a mission to establish a publicly-funded endowment aimed at enhancing the well-being of Laurens County. Their primary objective is to accumulate resources through donations and invest them to support various charitable projects and improvements within the community. Their key program, known as Build Community funds, is dedicated to fostering charitable growth in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Laurens County Community Foundation Inc has achieved a high rating of 94%, reflecting a strong performance in accountability and finance. This score is derived entirely from a single beacon score, indicating the organization’s commitment to transparency and responsible management of its resources. The foundation boasts a fully independent board, with 100% of its 11 members meeting this standard, which is a significant strength in governance.
The organization has demonstrated excellent financial health, as evidenced by a low liabilities to assets ratio of 36.65% and a program expense ratio of 90.17%. These figures suggest that the majority of its resources are allocated towards its programs rather than administrative costs, which enhances its effectiveness in fulfilling its mission. Furthermore, Laurens County Community Foundation has robust policies in place, including conflict of interest and whistleblower policies, ensuring accountability and ethical practices.
While the organization shows strengths in management and financial ratios, the data does not provide specific insights into its programmatic impact or community feedback. This lack of detailed narrative about its initiatives or outcomes could be a limitation for potential donors or stakeholders looking for a deeper understanding of its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Laurens County Community Foundation Inc legitimate?
Laurens County Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurens County 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,492
For more financial information, click here
What is the mission statement of Laurens County Community Foundation Inc?
The Laurens County Community Foundation is a public, non-profit organization dedicated to constructing a publicly funded endowment, aiming to enhance the condition of Laurens County. Its primary mission is to accumulate funds for charitable improvements within the community. The foundation's activities encompass the management of Build Community funds, intended for charitable advancements.
Who is the CEO of Laurens County Community Foundation Inc?
Robin Day is the Director of Laurens County Community Foundation Inc.
What is the revenue of Laurens County Community Foundation Inc?
Laurens County Community Foundation Inc's revenue in 2023 was $90,698.
Who are the executives of Laurens County Community Foundation Inc and what are their salaries?
The average compensation at Laurens County Community Foundation Inc during 2023 was $29,492. There is 1 employee at Laurens County Community Foundation Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Laurens County Community Foundation Inc?
Laurens County Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Laurens County Community Foundation Inc
The Laurens County Community Foundation is a dedicated nonprofit organization with a mission to construct a publicly funded endowment for the betterment of Laurens County. This mission is centered around building a substantial financial resource that can be utilized to enhance various aspects of the community. The foundation accomplishes this through its programs, which include the provision of Build Community funds for charitable improvements. By fostering this endowment, the Laurens County Community Foundation aims to contribute to the ongoing improvement and development of its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Laurens County Community Foundation Inc plays a vital role in enhancing the quality of life in Laurens County through its mission to establish a publicly funded endowment dedicated to local improvements. By focusing on building community funds for charitable initiatives, the foundation actively fosters collaboration and investment in various projects that benefit residents and strengthen the community.
Located in Clinton, SC, the foundation dedicates its efforts to addressing the needs of the region, leveraging resources to support initiatives that promote well-being, education, and infrastructure improvements. Through its programs, Laurens County Community Foundation Inc empowers local stakeholders and encourages philanthropic engagement, ultimately contributing to a brighter and more sustainable future for the county.
This information is meant to be a general summary of Laurens County 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 2023.
- Investment Income: $91
- Program Service Revenue: $58,214
- Gross Receipts: $90,698
Assets and Liabilities:
- Total Assets: $6,426,094
- Total Liabilities: $2,356,025
- Net Assets: $4,070,069
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$58,214
Organization Details
Founding Year
2003
Phone
(864) 984-2698Principal Officer
Robin Day
Main Address
211 NORTH BROAD STREET, CLINTON, SC, 29325
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Laurens County 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.