Overview
What is The Community Foundation Of South Alabama?
The Community Foundation of South Alabama is a nonprofit organization situated in Mobile, Alabama. Their primary mission is to foster permanent endowments for the long-term betterment of the region, drawing upon its diverse population's strengths to design and fund innovative programs addressing community needs. As responsible stewards of these funds, they grant money to various non-profit organizations in sectors such as arts and culture, civic and community, anti-crime and abuse, education, environment, health, human services, and recreation. Their goal, as stated in their mission, is to "assemble and direct philanthropic assets to make Southwest Alabama a better place." The foundation achieves this by awarding grants to chosen non-profit charitable organizations based on the Board of Directors' approval and categories requested by donors.
Official website here: www.communityfoundationsa.org
What are the reviews and ratings of this charity?
The Community Foundation Of South Alabama has earned a noteworthy Four-Star out of Four Star rating from Charity Navigator, with an overall score of 90%. This high rating signifies exceptional performance in accountability and finance, where they achieved a perfect score of 100%. Their strong governance is highlighted by having 100% independent board members and a solid financial structure, with a low liabilities to assets ratio and an impressive program expense ratio of 91.44%.
Despite these strengths, the organization has limitations regarding the availability of certain financial statements, as they received a notably low score in that area. Additionally, while they have numerous policies in place for governance and transparency, key metrics related to impact and measurement, culture and community, and leadership and adaptability are not currently scored. This absence leaves a gap in understanding some aspects of their operational effectiveness.
User reviews from GreatNonprofits are not available at this time, which prevents a more comprehensive view of the sentiments from donors and beneficiaries. However, the organization's financial health and structural integrity appear to position it as a responsible and effective nonprofit dedicated to serving the South Alabama community.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation Of South Alabama legitimate?
The Community Foundation Of South Alabama is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of South Alabama 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.
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Other Salaries and Wages: $557,508
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Official website here: www.communityfoundationsa.org
What is the mission statement of The Community Foundation Of South Alabama?
The Community Foundation of South Alabama aims to establish long-term endowments for the betterment of the region it serves. By harnessing the strengths of its diverse population, the foundation designs and funds innovative programs to address various community needs. Acting as responsible stewards of these funds, the organization grants money to non-profit organizations in fields such as arts and culture, civic and community development, education, environment, health, human services, and recreation. In essence, the Community Foundation of South Alabama collects and manages philanthropic assets with the intention of improving Southwest Alabama as a whole.
Official website here: www.communityfoundationsa.org
Who is the CEO of The Community Foundation Of South Alabama?
Rebecca D Byrne is the Secretary of The Community Foundation Of South Alabama.
Official website here: www.communityfoundationsa.org
What is the revenue of The Community Foundation Of South Alabama?
The Community Foundation Of South Alabama's revenue in 2022 was $9,268,633.
Official website here: www.communityfoundationsa.org
Who are the executives of The Community Foundation Of South Alabama and what are their salaries?
There 57 volunteers at The Community Foundation Of South Alabama.
Here are 19 key members and their salaries:
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Official website here: www.communityfoundationsa.org
Where can I find the form 990 for The Community Foundation Of South Alabama?
The Community Foundation Of South Alabama's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityfoundationsa.org
Learn more at the official website: www.communityfoundationsa.org
Mission Statement of The Community Foundation Of South Alabama
The Community Foundation of South Alabama is dedicated to building endowments for the long-term future of the region it serves. By drawing upon the strengths of its diverse population, this organization designs and funds innovative programs that address various community needs. As responsible stewards of these funds, the foundation makes grants to non-profit organizations in fields such as arts and culture, civic and community, anti-crime and abuse, education, environment, health, human services, and recreation. The foundation's mission statement is succinctly expressed as "The Community Foundation of South Alabama assembles and directs philanthropic assets to make Southwest Alabama a better place." In essence, the foundation aims to leverage its resources to improve the quality of life in its community by supporting a wide range of non-profit initiatives.
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Impact
July, 2024
The Community Foundation of South Alabama has a significant impact on the region it serves by building permanent endowments for the long-range future and funding innovative programs that meet community needs. By providing grants to nonprofit organizations in various fields such as arts and culture, civic and community, education, health, and more, the Foundation plays a crucial role in improving the quality of life in Southwest Alabama. The Foundation's mission to assemble and direct philanthropic assets to make the region a better place highlights its commitment to fostering positive change and addressing key societal issues.
This information is meant to be a general summary of The Community Foundation Of South Alabama. 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: $4,137,739
- Gross Receipts: $13,168,098
Assets and Liabilities:
- Total Assets: $83,748,337
- Total Liabilities: $2,388,087
- Net Assets: $81,360,250
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Organization Details
Founding Year
1976
Phone
(251) 438-5591Principal Officer
Rebecca D Byrne
Main Address
PO BOX 990, MOBILE, AL, 36601
NTEE Category
Code: T31 - Philanthropy
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