Overview
What is The Community Foundation Of Greater Birmingham?
The Community Foundation of Greater Birmingham is a charitable organization based in Birmingham, Alabama, with a workforce of 20 employees. They foster transformational change in the region by managing donor-advised, designated, and scholarship funds, and distributing grants to address community needs permanently. Through grantmaking, convening, and leading, they ignite passion for lasting improvements in the greater Birmingham area.
Official website here: www.cfbham.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Community Foundation of Greater Birmingham has received a perfect score of 100% from Charity Navigator, indicating exceptional accountability and financial health. This high rating is primarily derived from their strong performance in the Accountability & Finance beacon, showcasing their commitment to transparency and responsible management of funds. The organization fulfills all criteria for a high rating, including having an entirely independent board and no material diversion of assets.
The foundation excels in financial management, with a remarkable program expense ratio of 92.13%, demonstrating that a significant portion of their funds directly supports their programs. Their fundraising efficiency is equally impressive, with only $0.05 spent to raise a dollar, reflecting effective fundraising strategies. Additionally, they maintain a solid working capital ratio of 10.57 years, ensuring long-term sustainability and stability.
While the overall data reflects a robust organization, there are no noted limitations or areas for improvement in the available feedback. The Community Foundation of Greater Birmingham stands out as a model of effective nonprofit governance and financial stewardship, earning high marks across all evaluated categories.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation Of Greater Birmingham legitimate?
The Community Foundation Of Greater Birmingham is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of Greater Birmingham 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: $344,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,021,608
For more financial information, click here
Official website here: www.cfbham.org
What is the mission statement of The Community Foundation Of Greater Birmingham?
The Community Foundation of Greater Birmingham fuels passion for transformational change in their community through grantmaking, convening, and leading. By harnessing the power of donor giving, they strive to enhance the quality of life in their region forever. Their mission is to ignite transformational change within the community. The organization uses donor-advised, designated, and scholarship funds to make grants, working in partnership to address community needs.
Official website here: www.cfbham.org
Who is the CEO of The Community Foundation Of Greater Birmingham?
Christopher Nanni is the President/Ceo of The Community Foundation Of Greater Birmingham. The CEO's salary of The Community Foundation Of Greater Birmingham is $191,031 and their total compensation is $224,929.
Official website here: www.cfbham.org
What is the revenue of The Community Foundation Of Greater Birmingham?
The Community Foundation Of Greater Birmingham's revenue in 2022 was $48,186,297.
Official website here: www.cfbham.org
Who are the executives of The Community Foundation Of Greater Birmingham and what are their salaries?
The average compensation at The Community Foundation Of Greater Birmingham during 2022 was $68,295. There are 20 employees and 82 volunteers at The Community Foundation Of Greater Birmingham.
Here are 25 key members and their salaries (The Community Foundation Of Greater Birmingham's CEO's salary is $191,031 and their total compensation is $224,929):
- Compensation: $191,031
- Related: $0
- Other: $33,898
- Compensation: $88,683
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- Other: $32,374
- Compensation: $64,584
- Related: $0
- Other: $5,436
- Compensation: $110,337
- Related: $0
- Other: $19,156
- Compensation: $100,111
- Related: $0
- Other: $22,323
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Official website here: www.cfbham.org
Where can I find the form 990 for The Community Foundation Of Greater Birmingham?
The Community Foundation Of Greater Birmingham's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfbham.org
Learn more at the official website: www.cfbham.org
Mission Statement of The Community Foundation Of Greater Birmingham
The Community Foundation of Greater Birmingham, a leading philanthropic organization, is dedicated to igniting passion for transformational change within its community. Through its grantmaking, convening, and leadership initiatives, the Foundation effectively leverages donor giving to address pressing community needs.
In simple terms, the Community Foundation's mission is to inspire and facilitate positive change in the greater Birmingham area. By working in partnership with various funds, including donor-advised, designated, and scholarship funds, the organization harnesses the power of charitable contributions to create lasting, meaningful impact.
Capitalizing on the collective generosity and vision of its donors, the Community Foundation identifies and addresses social issues that require long-term solutions. Rather than providing short-term relief, the organization focuses on making transformative changes that will benefit the community as a whole. The foundation's initiatives are designed to foster sustainable growth and promote prosperity, ensuring a brighter future for generations to come.
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Impact
October, 2024
The Community Foundation of Greater Birmingham ignites passion for transformational change by strategically leveraging donor contributions to address community needs in the Greater Birmingham region. Through effective grantmaking, convening, and leadership, it actively works to enhance the quality of life for residents by fostering partnerships and funding initiatives that make a lasting impact.
By managing donor advised, designated, and scholarship funds, the foundation ensures that resources are allocated in ways that meet the evolving needs of the community. Their commitment to philanthropy not only supports immediate projects but also creates sustainable transformations that benefit the region for generations to come. Through its efforts, the foundation serves as a catalyst for positive change, empowering individuals and organizations to collaborate and drive meaningful initiatives across Birmingham and beyond.
This information is meant to be a general summary of The Community Foundation Of Greater Birmingham. 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: $12,125,477
- Gross Receipts: $229,601,075
Assets and Liabilities:
- Total Assets: $266,608,513
- Total Liabilities: $18,910,966
- Net Assets: $247,697,547
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Organization Details
Founding Year
1997
Phone
(205) 327-3800Principal Officer
Christopher Nanni
Main Address
2100 1ST AVENUE NORTH 700, BIRMINGHAM, AL, 35203
Website
www.cfbham.orgNTEE Category
Code: T31 - Philanthropy
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