Overview
What is Central Kentucky Community Foundation Inc?
Central Kentucky Community Foundation Inc is a charitable organization situated in Elizabethtown, Kentucky. Their primary function involves distributing contributions and grants to both governmental entities and 501(c)(3) organizations, as well as offering scholarships to local colleges and universities. Beyond financial assistance, the foundation engages in community and educational outreach initiatives to further enhance the region. Their mission is to serve as a philanthropic connector for donors in the Central Kentucky area, aiming to make their community a better place, while upholding ethical stewardship. The foundation currently employs a team of 10 individuals.
Official website here: www.ckcf4people.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Central Kentucky Community Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The charity scored 97% overall, indicating a solid performance in all assessed areas, particularly in accountability and finance, where it received a perfect score. This high rating suggests that the organization is well-managed and transparent in its operations, fostering trust among donors and the community.
The foundation demonstrates exceptional governance practices, as evidenced by its independent board members and robust audit and oversight mechanisms. It maintains a good balance between liabilities and assets, with a low ratio of 5.96%, and allocates a significant portion of its budget—approximately 74.94%—to programs, which emphasizes its commitment to its mission. Furthermore, the organization's fundraising efficiency is notable at just $0.04 spent to raise each dollar, showcasing effective fundraising strategies.
While the ratings reflect strong organizational strengths, there are no specific limitations mentioned in the data provided. Overall, the Central Kentucky Community Foundation Inc stands out as a financially responsible organization with a commitment to transparency and effective governance, making it a reliable choice for potential donors looking to support community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Central Kentucky Community Foundation Inc legitimate?
Central Kentucky Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Kentucky 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: $155,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,811
For more financial information, click here
Official website here: www.ckcf4people.org
What is the mission statement of Central Kentucky Community Foundation Inc?
The Central Kentucky Community Foundation Inc serves as a philanthropic connector for donors in their region, aiming to make their community better. Their mission is to strengthen their region through inspired philanthropy and outstanding stewardship. The foundation distributes contributions and grants to eligible organizations, including governmental bodies and 501(c)(3) non-profits, as well as providing scholarships to local colleges and universities. Additionally, the foundation undertakes community and educational outreach initiatives to further engage with their region.
Official website here: www.ckcf4people.org
Who is the CEO of Central Kentucky Community Foundation Inc?
Davette Swiney is the Director of Central Kentucky Community Foundation Inc. The CEO's salary of Central Kentucky Community Foundation Inc is $148,400 and their total compensation is $155,300.
Official website here: www.ckcf4people.org
What is the revenue of Central Kentucky Community Foundation Inc?
Central Kentucky Community Foundation Inc's revenue in 2022 was $2,653,552.
Official website here: www.ckcf4people.org
Who are the executives of Central Kentucky Community Foundation Inc and what are their salaries?
The average compensation at Central Kentucky Community Foundation Inc during 2022 was $31,611. There are 10 employees and 240 volunteers at Central Kentucky Community Foundation Inc.
Here are 18 key members and their salaries (Central Kentucky Community Foundation Inc's CEO's salary is $148,400 and their total compensation is $155,300):
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- Compensation: $148,400
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- Other: $6,900
Official website here: www.ckcf4people.org
Where can I find the form 990 for Central Kentucky Community Foundation Inc?
Central Kentucky Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ckcf4people.org
Learn more at the official website: www.ckcf4people.org
Mission Statement of Central Kentucky Community Foundation Inc
Central Kentucky Community Foundation Inc serves as a philanthropic connector for donors in the Central Kentucky region who are passionate about making their community a better place. Its mission, in simple terms, is to strengthen the region through inspired philanthropy and outstanding stewardship. The foundation achieves this by distributing contributions and grants to both governmental and 501(c)(3) organizations, as well as scholarships to local colleges and universities. Furthermore, Central Kentucky Community Foundation Inc undertakes community and educational outreach initiatives, acting as a catalyst for positive change in the region. By serving as a bridge between donors and worthy causes, the foundation plays a crucial role in fostering a sense of community and improving the lives of its residents.
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Impact
July, 2024
Central Kentucky Community Foundation Inc's impact is felt in the Central Kentucky region through its focus on strengthening the community through inspired philanthropy and outstanding stewardship. The foundation plays a key role in distributing contributions and grants to governmental and nonprofit organizations, as well as providing scholarships to area colleges and universities. Additionally, the foundation undertakes community and educational outreach initiatives to further enhance the well-being of the region. Through its mission to serve as a philanthropic connector for donors in Central Kentucky, the foundation facilitates positive change and improvement in various sectors, with a particular emphasis on education.
This information is meant to be a general summary of Central Kentucky 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 2022.
- Investment Income: $440,173
- Gross Receipts: $3,467,137
Assets and Liabilities:
- Total Assets: $30,975,402
- Total Liabilities: $1,847,173
- Net Assets: $29,128,229
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Organization Details
Founding Year
1960
Phone
(270) 737-8393Principal Officer
Davette Swiney
Main Address
200 JIM OWEN DRIVE, ELIZABETHTOWN, KY, 42701
Website
www.ckcf4people.orgNTEE Category
Code: B42I - Education
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