Overview
What is Central Alabama Community Foundation Inc?
Central Alabama Community Foundation Inc, located at 114 Church Street in Montgomery, Alabama (ZIP code 36104), serves as a grant-making organization. They manage charitable gifts and certain trust funds, distributing funds to tax-exempt organizations encompassing various sectors such as health, welfare, culture, education, and religion. The foundation's primary focus is to collect donations and disburse the funds, contributing significantly to the betterment of the community. With a team of four dedicated individuals, Central Alabama Community Foundation Inc plays a vital role in supporting local and statewide initiatives that improve lives and foster growth.
Official website here: www.cacfinfo.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Central Alabama Community Foundation Inc has achieved an impressive score of 97%, which reflects a high level of accountability and financial health. This score is derived solely from their accountability and finance metrics, indicating that the organization prioritizes transparency and responsible management of resources. With a majority independent board and a robust oversight committee, the foundation demonstrates a commitment to ethical governance.
Key strengths of the organization include a strong program expense ratio of nearly 95%, highlighting their effectiveness in utilizing funds for their intended purposes. The foundation also boasts excellent fundraising efficiency, with a minimal cost of $0.02 to raise a dollar. Furthermore, their sound financial practices are evidenced by a low liabilities to assets ratio and a long working capital ratio, ensuring financial stability and sustainability.
Despite these strong indicators, the summary does not mention specific programs or community impact, which could provide a fuller picture of their effectiveness beyond financial metrics. Overall, the Central Alabama Community Foundation Inc stands out for its financial integrity and governance, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Central Alabama Community Foundation Inc?
98% of 29 reviewers on Facebook recommend the Central Alabama Community Foundation. Here is a summary of their reviews:
Many commenters express gratitude for the organization's support in promoting local fundraisers. The positive sentiment is evident, with users appreciating the foundation's role in enhancing community engagement and charitable initiatives.
Overall, the feedback highlights the foundation's effectiveness in connecting resources to those in need, making it a respected entity in the community. Enthusiastic endorsements suggest that it truly delivers on its mission to assist local causes.
This AI summary has been generated from reviews found on Facebook.
Is Central Alabama Community Foundation Inc legitimate?
Central Alabama Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Alabama 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: $106,325
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,749
For more financial information, click here
Official website here: www.cacfinfo.org
What is the mission statement of Central Alabama Community Foundation Inc?
The Central Alabama Community Foundation Inc plays a crucial role in the charitable sector by soliciting contributions and disbursing funds to tax-exempt organizations. They administer charitable gifts and certain trust funds, acting as a bridge between donors and various qualifying organizations. The scope of their grantmaking encompasses a range of sectors including health, welfare, cultural, educational, and religious organizations. By facilitating financial support, they contribute significantly to the vitality and success of these organizations and the communities they serve.
Official website here: www.cacfinfo.org
Who is the CEO of Central Alabama Community Foundation Inc?
Burton Crenshaw is the Director of Central Alabama Community Foundation Inc.
Official website here: www.cacfinfo.org
What is the revenue of Central Alabama Community Foundation Inc?
Central Alabama Community Foundation Inc's revenue in 2022 was $13,390,000.
Official website here: www.cacfinfo.org
Who are the executives of Central Alabama Community Foundation Inc and what are their salaries?
The average compensation at Central Alabama Community Foundation Inc during 2022 was $71,768. There are 4 employees at Central Alabama Community Foundation Inc.
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Official website here: www.cacfinfo.org
Where can I find the form 990 for Central Alabama Community Foundation Inc?
Central Alabama Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cacfinfo.org
Learn more at the official website: www.cacfinfo.org
Mission Statement of Central Alabama Community Foundation Inc
Central Alabama Community Foundation Inc plays a pivotal role in the charitable sector by soliciting contributions and disbursing funds to tax-exempt organizations. The organization's mission is multifaceted, as it not only collects donations but also manages certain trust funds and awards grants to a diverse range of tax-exempt organizations. These organizations primarily operate in the sectors of health, welfare, culture, education, and religion. By administering charitable gifts and managing trust funds, Central Alabama Community Foundation Inc acts as a vital bridge between donors and the organizations that make a difference in the community. Its grant-making activities ensure that resources reach the organizations that need them most, contributing significantly to their ability to carry out their missions and support those in need.
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Impact
October, 2024
Central Alabama Community Foundation Inc plays a vital role in enhancing the quality of life in the Montgomery area and beyond by strategically managing charitable contributions and disbursing funds to support a diverse array of tax-exempt organizations. Through its commitment to philanthropy, this organization administers charitable gifts and trust funds, facilitating grants that empower initiatives in health, welfare, culture, education, and religion. By supporting these sectors, the foundation fosters community development, enhances access to essential services, and promotes cultural enrichment, ultimately creating a more vibrant and resilient society. Its impact is seen in the strengthened capacity of local organizations to address pressing needs and in the cultivation of a philanthropic spirit that inspires others to invest in the community's future.
This information is meant to be a general summary of Central Alabama 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: $4,998,550
- Program Service Revenue: $802,018
- Gross Receipts: $13,390,000
Assets and Liabilities:
- Total Assets: $85,964,054
- Total Liabilities: $1,396,275
- Net Assets: $84,567,779
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$802,018
Organization Details
Founding Year
1987
Phone
(334) 264-6223Principal Officer
Burton Crenshaw
Main Address
114 CHURCH STREET, MONTGOMERY, AL, 36104
Website
www.cacfinfo.orgNTEE Category
Code: T31 - Philanthropy
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