Overview
What is The Cotton Foundation?
The Cotton Foundation is a nonprofit organization that actively supports and fosters education, scientific experimentation, and research within the U.S. cotton industry's operational and political spheres. It offers a comprehensive learning experience for emerging leaders, immersing them in the industry's infrastructure and providing intensive professional development training, primarily focused on communication skills. Furthermore, the foundation promotes the exchange of crop production techniques through its Producer Information Exchange program, enabling cotton farmers from various regions to observe and learn from one another's practices. In essence, The Cotton Foundation's mission is to encourage and aid advancements in the cotton industry.
Official website here: www.cotton.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Cotton Foundation has received an overall score of 84%, reflecting a Three-Star rating primarily based on its Accountability & Finance metrics. This score suggests that the organization demonstrates a solid level of financial health and transparency, with key indicators like a low liabilities to assets ratio and a high program expense ratio, meaning a significant portion of its expenses goes directly to its programs.
One of the notable strengths of The Cotton Foundation is its fully independent board, which is an important factor for ensuring unbiased governance. The organization scored full points for having a majority of independent board members and for its audit and oversight committee, indicating strong oversight practices. However, it does have some areas of concern, particularly related to missing policies on conflict of interest, whistleblowing, and document retention, which could impact its accountability.
While the financial aspects of The Cotton Foundation appear sound, the absence of certain governance policies suggests there is room for improvement in its operational transparency. Additionally, the lack of available financial documents on its website may hinder potential donors from making fully informed decisions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Cotton Foundation?
96% of 9 reviewers on Facebook recommend The Cotton Foundation. Here’s a summary of their feedback:
Supporters express deep appreciation for the services provided to cotton farmers, highlighting the organization's positive impact on the agricultural community. Many see the nonprofit as a vital resource that contributes significantly to the well-being of those in the cotton industry.
Overall, the sentiment is overwhelmingly positive, with individuals recognizing and valuing the foundation's efforts in championing the cause of cotton farmers effectively.
This AI summary has been generated from reviews found on Facebook.
Is The Cotton Foundation legitimate?
The Cotton Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cotton 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: $53,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,450
For more financial information, click here
Official website here: www.cotton.org/foundation
What is the mission statement of The Cotton Foundation?
The Cotton Foundation's mission is centered around encouraging and supporting education, scientific experimentation, and research, specifically related to cotton. This non-profit organization's primary goal is to contribute to the advancement of knowledge in the U.S. cotton industry, particularly in the areas of industry infrastructure and the political and business environments it operates within. The foundation provides opportunities for emerging leaders to gain a comprehensive understanding of the industry through intensive professional development training, communication workshops, and the sharing of crop production techniques. This is achieved through their Producer Information Exchange program, which allows producers from various regions of the cotton belt to observe and learn from each other's production and processing practices.
Official website here: www.cotton.org/foundation
Who is the CEO of The Cotton Foundation?
Don Parker is the Executive Director/Secreta of The Cotton Foundation.
Official website here: www.cotton.org/foundation
What is the revenue of The Cotton Foundation?
The Cotton Foundation's revenue in 2022 was $980,959.
Official website here: www.cotton.org/foundation
Who are the executives of The Cotton Foundation and what are their salaries?
Here are 17 key members and their salaries:
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- Related: $131,721
- Other: $27,072
Official website here: www.cotton.org/foundation
Where can I find the form 990 for The Cotton Foundation?
The Cotton Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cotton.org/foundation
Learn more at the official website: www.cotton.org/foundation
Mission Statement of The Cotton Foundation
The Cotton Foundation is dedicated to encouraging and aiding education, scientific experimentation, and research with a focus on the U.S. cotton industry. This nonprofit organization actively seeks to enhance understanding of the industry's infrastructure and the political and business environments in which it operates. One of its key initiatives is the Emerging Leaders program, which offers in-depth insight into the industry and provides intensive professional development training, particularly in communication skills. Additionally, The Cotton Foundation promotes the exchange of crop production techniques among producers from various regions of the cotton belt through their Producer Information Exchange program. This allows for the sharing of best practices and continuous learning within the cotton industry.
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Impact
July, 2024
The Cotton Foundation's impact is significant in encouraging and aiding education, scientific experimentation, and research related to the U.S. cotton industry infrastructure. It plays a key role in providing Emerging Leaders with industry insights and professional development training, fostering the sharing of production techniques through initiatives like the Producer Information Exchange. By supporting research and education in these areas, The Cotton Foundation contributes to the advancement and sustainability of the cotton industry, benefiting farmers, businesses, and the broader agricultural community.
This information is meant to be a general summary of The Cotton 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: $48,813
- Gross Receipts: $1,663,864
Assets and Liabilities:
- Total Assets: $3,669,566
- Total Liabilities: $39,523
- Net Assets: $3,630,043
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Organization Details
Founding Year
1956
Phone
(901) 274-9030Principal Officer
Don Parker
Main Address
PO BOX 783, CORDOVA, TN, 38088
Website
www.cotton.org/foundationNTEE Category
Code: K052 - Food
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