Overview
What is The Community Foundation Of Sarasota Co Inc?
The Community Foundation of Sarasota County is a charitable organization based in Sarasota, Florida. Their mission is to facilitate philanthropic giving and make a positive impact on the community by collaborating with donors to fulfill their charitable aspirations. Through strategic investments in impactful nonprofits, they aim to enhance the quality of life in the area. Their activities are focused on community impact, ensuring donors' philanthropic goals are achieved and bringing about lasting change.
Official website here: www.cfsarasota.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star Rating)
The Community Foundation of Sarasota County Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity boasts a perfect score for both its Accountability & Finance and Leadership & Adaptability categories, showcasing its commitment to responsible financial practices and effective governance. With a program expense ratio of 86.72%, it demonstrates a focus on utilizing funds for its programs, ensuring that a significant portion of donations is directed toward its mission.
Strengths highlighted include a fully independent board of 16 members, strong financial oversight with no material diversion of assets, and comprehensive policies in place for conflicts of interest and whistleblower protections. The charity's financial health appears robust, with a high working capital ratio and a low liabilities-to-assets ratio, indicating a strong capacity to meet ongoing obligations. The investment in leadership development further underscores its dedication to maintaining effective leadership.
However, the organization received a lower score in the Culture & Community category, which may suggest areas for improvement in its community engagement or organizational culture. While the majority of the ratings are exemplary, there remains an opportunity for growth in fostering stronger connections and collaboration with the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation Of Sarasota Co Inc legitimate?
The Community Foundation Of Sarasota Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of Sarasota Co 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: $1,632,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,412,666
For more financial information, click here
Official website here: www.cfsarasota.org
What is the mission statement of The Community Foundation Of Sarasota Co Inc?
The Community Foundation of Sarasota County focuses on community impact through philanthropy. They collaborate with donors to bring their charitable aspirations to fruition by investing in impactful nonprofit organizations. By doing so, they aim to enhance the overall quality of life within the community. Through strategic partnerships and grants to effective nonprofits, they facilitate meaningful change. The foundation's mission is guided by the belief that community improvement is achievable through the power of charitable giving.
Official website here: www.cfsarasota.org
Who is the CEO of The Community Foundation Of Sarasota Co Inc?
Roxanne G Jerde is the Principal Officer of The Community Foundation Of Sarasota Co Inc. The CEO's salary of The Community Foundation Of Sarasota Co Inc is $322,258 and their total compensation is $358,399.
Official website here: www.cfsarasota.org
What is the revenue of The Community Foundation Of Sarasota Co Inc?
The Community Foundation Of Sarasota Co Inc's revenue in 2022 was $71,031,554.
Official website here: www.cfsarasota.org
Who are the executives of The Community Foundation Of Sarasota Co Inc and what are their salaries?
The average compensation at The Community Foundation Of Sarasota Co Inc during 2022 was $84,602. There are 36 employees and 50 volunteers at The Community Foundation Of Sarasota Co Inc.
Here are 27 key members and their salaries (The Community Foundation Of Sarasota Co Inc's CEO's salary is $322,258 and their total compensation is $358,399):
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- Compensation: $198,289
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- Compensation: $110,090
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- Compensation: $322,258
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- Other: $36,141
- Compensation: $108,612
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- Other: $18,475
- Compensation: $108,277
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- Other: $4,847
Official website here: www.cfsarasota.org
Where can I find the form 990 for The Community Foundation Of Sarasota Co Inc?
The Community Foundation Of Sarasota Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfsarasota.org
Learn more at the official website: www.cfsarasota.org
Mission Statement of The Community Foundation Of Sarasota Co Inc
The Community Foundation of Sarasota Co Inc is a philanthropic organization dedicated to making a positive impact on the community. By partnering with donors, this nonprofit ensures that their charitable giving dreams and intentions are realized, both presently and in the future, through strategic investments in effective local nonprofits. Through their philanthropic efforts, they strive to enhance the overall quality of life in the community.
The Community Foundation of Sarasota Co Inc functions as a bridge between donors and nonprofits, facilitating charitable giving that brings about meaningful change. They are committed to carrying out the philanthropic aspirations of their donors, ensuring that their investments create a lasting and significant impact. The nonprofit's mission centers around community impact, driven by the power of philanthropy.
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Impact
October, 2024
The Community Foundation of Sarasota Co Inc plays a vital role in enhancing the quality of life in the Sarasota area through strategic partnerships and investments in effective nonprofits. By collaborating with donors, the foundation translates philanthropic aspirations into tangible community improvements, ensuring that charitable contributions are utilized effectively both now and in the future. This proactive approach to philanthropy not only fulfills the wishes of donors but also addresses pressing community needs, fostering an environment of growth and support throughout Sarasota. The foundation's commitment to community impact, powered by thoughtful philanthropic engagement, has a lasting positive effect on the region.
This information is meant to be a general summary of The Community Foundation Of Sarasota Co 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: $21,097,794
- Program Service Revenue: $4,287,979
- Gross Receipts: $125,372,524
Assets and Liabilities:
- Total Assets: $386,793,850
- Total Liabilities: $39,915,005
- Net Assets: $346,878,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$4,287,979
Organization Details
Founding Year
1979
Phone
(941) 955-3000Principal Officer
Roxanne G Jerde
Main Address
2635 FRUITVILLE ROAD, SARASOTA, FL, 34237
Website
www.cfsarasota.orgNTEE Category
Code: T310 - Philanthropy
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