Overview
What is Christian Community Foundation Of Memphis And The Mid-South Inc?
The Christian Community Foundation of Memphis and The Mid-South Inc is a nonprofit organization based in Memphis, Tennessee, with a workforce of five employees. Their primary mission is to assist donors in the Mid-South region in providing resources for charitable work, encompassing both secular and religious organizations. By managing donor-advised funds and making grants on behalf of these donors, the foundation supports various causes, both locally and globally, in accordance with their Christian beliefs.
Official website here: www.hopeccf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
Christian Community Foundation Of Memphis And The Mid-South Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored 90% overall, with all points attributed to its Accountability & Finance beacon. This rating indicates a strong commitment to transparency and effective governance practices.
The foundation boasts an entirely independent board with 19 members and has scored perfectly in areas such as financial oversight, conflict of interest policies, and whistleblower protections. Additionally, it has no recorded diversions of assets and demonstrates a solid program expense ratio of 98.45%, highlighting its focus on direct program support rather than administrative costs.
However, the foundation's fundraising efficiency ratio is notably low at $0.002, suggesting that it may face challenges in raising funds relative to its expenses. Despite this limitation, the organization maintains a strong working capital ratio of 2.57 years, indicating a good buffer for financial stability. Overall, this nonprofit exemplifies effective management and a strong commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Community Foundation Of Memphis And The Mid-South Inc legitimate?
Christian Community Foundation Of Memphis And The Mid-South Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Community Foundation Of Memphis And The Mid-South 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: $320,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,648
For more financial information, click here
Official website here: www.hopeccf.org
What is the mission statement of Christian Community Foundation Of Memphis And The Mid-South Inc?
The Christian Community Foundation of Memphis and The Mid-South Inc is dedicated to building God's kingdom by serving donors in their quest to provide resources for charitable work, both locally and globally. The organization's mission is to facilitate the giving process by managing donor advised funds and making grants to eligible tax-exempt organizations. Through these grants, various secular, educational, and Christian charitable organizations receive much-needed support, allowing them to further their missions and make a positive impact on their communities and beyond. By serving as a steward of donors' charitable dollars, the foundation enables them to make a significant difference in the world while staying true to their faith.
Official website here: www.hopeccf.org
Who is the CEO of Christian Community Foundation Of Memphis And The Mid-South Inc?
B Rex Jones is the President/Ceo of Christian Community Foundation Of Memphis And The Mid-South Inc. The CEO's salary of Christian Community Foundation Of Memphis And The Mid-South Inc is $189,793 and their total compensation is $198,872.
Official website here: www.hopeccf.org
What is the revenue of Christian Community Foundation Of Memphis And The Mid-South Inc?
Christian Community Foundation Of Memphis And The Mid-South Inc's revenue in 2022 was $91,666,650.
Official website here: www.hopeccf.org
Who are the executives of Christian Community Foundation Of Memphis And The Mid-South Inc and what are their salaries?
The average compensation at Christian Community Foundation Of Memphis And The Mid-South Inc during 2022 was $81,786. There are 5 employees at Christian Community Foundation Of Memphis And The Mid-South Inc.
Here are 22 key members and their salaries (Christian Community Foundation Of Memphis And The Mid-South Inc's CEO's salary is $189,793 and their total compensation is $198,872):
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- Compensation: $189,793
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- Compensation: $102,491
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- Other: $12,479
Official website here: www.hopeccf.org
Where can I find the form 990 for Christian Community Foundation Of Memphis And The Mid-South Inc?
Christian Community Foundation Of Memphis And The Mid-South Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeccf.org
Learn more at the official website: www.hopeccf.org
Mission Statement of Christian Community Foundation Of Memphis And The Mid-South Inc
The Christian Community Foundation of Memphis and The Mid-South acts as a bridge between donors in the Mid-South region and various charitable organizations, both secular and Christian, that aim to build God's kingdom. With the belief that they are serving a higher purpose, the Foundation's mission is to help donors in the Mid-South provide resources for God's work in their community and beyond.
By acting as a trusted advisor, the Foundation assists donors in managing their charitable giving through donor-advised funds. The Foundation's board and management make grants to eligible tax-exempt organizations based on these donors' recommendations. Through this collaborative approach, the Christian Community Foundation of Memphis and The Mid-South plays a significant role in supporting a wide range of charitable initiatives that align with the values and goals of its donors. In essence, the Foundation serves as a catalyst, enabling donors to make a meaningful impact on the world around them while staying true to their faith.
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Impact
October, 2024
Christian Community Foundation of Memphis and the Mid-South Inc. significantly impacts the region by enabling donors to support a wide range of charitable efforts. This foundation plays a crucial role in facilitating grants to various non-profit, tax-exempt organizations, including secular, educational, and Christian initiatives. By managing donor-advised funds and collaborating with its board and management, the foundation channels resources effectively, ensuring that the contributions reach organizations that are actively working to improve the community and beyond. Through these efforts, it fosters philanthropy and encourages individuals and groups to participate in building God's kingdom in their local and global contexts. The foundation's initiatives not only enhance charitable giving but also strengthen community ties and support diverse causes that align with its mission.
This information is meant to be a general summary of Christian Community Foundation Of Memphis And The Mid-South 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: $6,956,137
- Gross Receipts: $128,740,863
Assets and Liabilities:
- Total Assets: $200,515,718
- Total Liabilities: $5,142,658
- Net Assets: $195,373,060
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Organization Details
Founding Year
1998
Phone
(901) 682-6201Principal Officer
B Rex Jones
Main Address
6075 POPLAR AVENUE 130, MEMPHIS, TN, 38119
Website
www.hopeccf.orgNTEE Category
Code: T31 - Philanthropy
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