Overview
What is Chattanooga Christian Community Foundation?
The Chattanooga Christian Community Foundation, also known as The Generosity Trust, is a local charitable organization based in Chattanooga, Tennessee, specifically at 345 Frazier Avenue Unit 205. Established with a mission to encourage Christian causes and support Christian work, this nonprofit makes grants to Section 501(c)(3) charitable organizations. They manage funds donated to qualified charities and educate the public about philanthropy and Christian financial principles. The team at the Chattanooga Christian Community Foundation, consisting of ten dedicated individuals, works to facilitate giving and promote the importance of charitable contributions within the Christian community.
Official website here: www.thegenerositytrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Chattanooga Christian Community Foundation has received a strong score of 92% from Charity Navigator, signifying its effective management and commitment to transparency. The organization boasts a perfect rating for having a fully independent board and an excellent financial oversight structure, which are critical indicators of accountability in nonprofit operations.
Strengths include a high program expense ratio of 98.64%, indicating that a significant majority of funds are directed towards its programs and services rather than administrative costs. Additionally, the foundation has a very low liabilities to assets ratio of just 3.92%, reflecting its solid financial health and sustainability. However, it does lack whistleblower and document retention policies, which are noted as areas for improvement.
While the foundation's fundraising efficiency ratio is notably low, at $0.002, this may not detract from its overall effectiveness given its high program expenditure. Future efforts to enhance transparency policies could further strengthen its reputation and operational integrity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Chattanooga Christian Community Foundation legitimate?
Chattanooga Christian Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chattanooga Christian 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: $151,638
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,499
For more financial information, click here
Official website here: www.thegenerositytrust.org
What is the mission statement of Chattanooga Christian Community Foundation?
The Chattanooga Christian Community Foundation is dedicated to encouraging Christian causes and supporting Christian work. It fulfills this mission by granting funds to Section 501(c)(3) charitable organizations. The foundation educates the public on philanthropy and Christian financial principles. Additionally, it manages donations intended for qualified charitable organizations.
Official website here: www.thegenerositytrust.org
Who is the CEO of Chattanooga Christian Community Foundation?
James R Barber is the Board Member of Chattanooga Christian Community Foundation.
Official website here: www.thegenerositytrust.org
What is the revenue of Chattanooga Christian Community Foundation?
Chattanooga Christian Community Foundation's revenue in 2022 was $38,520,924.
Official website here: www.thegenerositytrust.org
Who are the executives of Chattanooga Christian Community Foundation and what are their salaries?
The average compensation at Chattanooga Christian Community Foundation during 2022 was $44,914. There are 10 employees and 30 volunteers at Chattanooga Christian Community Foundation.
Here are 10 key members and their salaries:
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- Compensation: $151,638
- Related: $0
- Other: $9,102
Official website here: www.thegenerositytrust.org
Where can I find the form 990 for Chattanooga Christian Community Foundation?
Chattanooga Christian Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thegenerositytrust.org
Learn more at the official website: www.thegenerositytrust.org
Mission Statement of Chattanooga Christian Community Foundation
The Chattanooga Christian Community Foundation is a philanthropic organization dedicated to encouraging Christian causes and supporting Christian work. In pursuit of this mission, the Foundation makes grants to other Section 501(c)(3) charitable organizations, contributing to various initiatives aligned with their faith-based values.
Moreover, the Foundation takes on the role of educating the public about philanthropy and Christian financial principles. This aspect of their work aims to inspire and equip individuals to become more active and effective givers, ultimately strengthening the charitable sector and promoting positive change in their communities.
The Chattanooga Christian Community Foundation manages funds held for donation to qualified charitable organizations. By serving as a trusted steward of these resources, they ensure that they are directed towards causes that resonate with their Christian values, making a meaningful impact on the lives of those in need.
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Impact
October, 2024
Chattanooga Christian Community Foundation significantly impacts the community by funding and supporting various Christian causes. Through its grants to 501(c)(3) charitable organizations, it nurtures initiatives that align with Christian values and promotes philanthropy. The foundation also plays a vital role in educating the public about philanthropy and Christian financial principles, empowering individuals and organizations to engage in charitable giving effectively. By managing funds earmarked for donations to qualified charitable organizations, it ensures that resources are directed towards meaningful projects that uplift the community in Chattanooga and beyond.
This information is meant to be a general summary of Chattanooga Christian 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: $3,417,053
- Program Service Revenue: $31,668
- Gross Receipts: $52,354,891
Assets and Liabilities:
- Total Assets: $101,270,137
- Total Liabilities: $3,975,213
- Net Assets: $97,294,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$31,668
Organization Details
Founding Year
1993
Phone
(423) 266-5257Principal Officer
James R Barber
Main Address
345 FRAZIER AVENUE UNIT 205, CHATTANOOGA, TN, 37405
Website
www.thegenerositytrust.orgNTEE Category
Code: T31 - Philanthropy
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