Overview
What is Givewell Community Foundation Inc?
Givewell Community Foundation Inc, based in Lakeland, Florida, acts as an umbrella organization for improving the quality of life in Polk, Hardee, and Highlands Counties. The foundation caters to three main constituencies - donors, local non-profit charities, and the community at large. For donors, it offers qualified advice, guidance, and stewardship to help them reach their charitable goals. For non-profits, it distributes funds according to donor desires and supports specific programs, managing individual endowment funds. The foundation serves as a catalyst for the community, addressing needs through grant making in various sectors, including arts, youth, education, health, and social services. Its mission is to champion charitable giving for current and future generations. With a team of eight employees, Givewell Community Foundation works towards enhancing the well-being of its community.
Official website here: www.givecf.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
The Givewell Community Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. With a perfect score of 100 in accountability, the organization demonstrates strong governance practices, including an entirely independent board and robust financial oversight. The foundation's transparency is underscored by its effective policies on conflicts of interest, whistleblower protections, and the retention of important documents.
In addition to its financial strengths, Givewell Community Foundation shows a solid performance in cultural and community aspects, achieving an 87% score. The organization prioritizes constituent feedback, demonstrating a commitment to listening and responding to the needs of those it serves. Feedback collection and usage are noteworthy, with perfect scores indicating the foundation's active engagement with the community.
However, there are some challenges regarding equity strategies, as indicated by an equity strategies score of 81 out of 100. The foundation's equity data and policies could benefit from further development, as reflected in the lower scores in those specific areas. Overall, the Givewell Community Foundation stands out for its financial health and community engagement, while also recognizing areas for improvement in equity practices.
This AI summary has been generated from information found on Charity Navigator.
Is Givewell Community Foundation Inc legitimate?
Givewell Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Givewell 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: $270,410
Professional Fundraising Fees: $0
Other Salaries and Wages: $399,206
For more financial information, click here
Official website here: www.givecf.org
What is the mission statement of Givewell Community Foundation Inc?
The Givewell Community Foundation aims to enhance the quality of life in the communities it serves, both presently and for future generations. It serves as a hub for charitable giving, championing the causes of donors and distributing funds to local non-profit organizations. The foundation's role extends beyond financial support, as it also provides guidance and stewardship to donors and offers assistance in managing endowment funds. As a catalyst for positive change, the foundation collaborates with the community at large to address various needs, reaching out to sectors including the arts, youth, education, health, and social services.
Official website here: www.givecf.org
What is the revenue of Givewell Community Foundation Inc?
Givewell Community Foundation Inc's revenue in 2024 was $189,521,247.
Official website here: www.givecf.org
Who are the executives of Givewell Community Foundation Inc and what are their salaries?
The average compensation at Givewell Community Foundation Inc during 2024 was $60,874. There are 11 employees at Givewell Community Foundation Inc.
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Official website here: www.givecf.org
Where can I find the form 990 for Givewell Community Foundation Inc?
Givewell Community Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.givecf.org
Learn more at the official website: www.givecf.org
Mission Statement of Givewell Community Foundation Inc
Givewell Community Foundation, a champion of charitable giving, strives to enhance the quality of life in the areas it serves, both presently and for future generations. The organization embraces an umbrella concept with a mission to improve various aspects of Polk, Hardee, and Highlands Counties.
First and foremost, Givewell Community Foundation caters to donors. It offers expert guidance, counsel, and stewardship, helping donors meet their charitable objectives. By providing qualified advice and managing their endowment funds, the Foundation assists individuals in making a meaningful impact on their community.
Secondly, local non-profit charities benefit from Givewell Community Foundation's grantmaking activities. The Foundation distributes funds according to donor preferences, supports specific programs, and offers assistance with managing individual endowment funds. Through these initiatives, Givewell Community Foundation touches a broad spectrum of sectors, including arts, youth, education, health, and social services.
Lastly, the Foundation and its board function as a catalyst for community development. They address the needs of their community by facilitating grant making on behalf of donors. Givewell Community Foundation's outreach extends to a diverse range of sectors, making a difference in the lives of many.
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Impact
October, 2024
Givewell Community Foundation Inc significantly enhances the quality of life in Polk, Hardee, and Highlands counties through a multifaceted approach. By championing charitable giving, the foundation acts as a bridge between donors eager to support their communities and local nonprofit organizations in need of funding and resources.
The foundation serves three primary constituencies:
1. **Donors**: It provides expert counsel and guidance to individuals looking to give back, helping them to effectively meet their charitable goals. This support allows donors to maximize the impact of their contributions.
2. **Local Nonprofit Charities**: The foundation distributes funds according to donor preferences, ensuring that grants address the specific needs of the community. Additionally, it offers resources to assist nonprofits in managing endowment funds and running specific programs effectively.
3. **The Community at Large**: Acting as a catalyst, the foundation engages with various community sectors, addressing diverse needs from arts and education to health and social services. Through its strategic grant-making, it fosters initiatives that promote overall social welfare and community development.
Overall, Givewell Community Foundation Inc plays a pivotal role in strengthening the social fabric of the region, ensuring both immediate benefits and long-term improvements in the quality of life for current and future generations.
This information is meant to be a general summary of Givewell 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 2024.
- Investment Income: $13,770,235
- Gross Receipts: $365,516,343
Assets and Liabilities:
- Total Assets: $419,262,531
- Total Liabilities: $22,734,959
- Net Assets: $396,527,572
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Organization Details
Founding Year
2000
Principal Officer
Catherine Neslund
Website
www.givecf.orgNTEE Category
Code: T31 - Philanthropy
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