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Community Foundation Of The North State

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 680242276 ✦ Redding, CA ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of The North State?

The Community Foundation of the North State, located at 1335 Arboretum Drive Ste B, Redding, CA 96003, is a distinguished nonprofit organization serving Shasta, Siskiyou, and Tehama counties. With more than 150 philanthropic funds under its management, the foundation boasts assets exceeding 26 million dollars. Its primary function involves grant-making, scholarship awards, and loan provision, all aimed at addressing local needs. The Community Foundation serves as a regional hub for philanthropy, providing donors with straightforward and impactful methods to contribute to their community. By connecting people with causes that resonate with them, the foundation fosters philanthropy and contributes to the betterment of its region.


Official website here: www.cfnorthstate.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98% (Four-Star out of Four Stars)

The Community Foundation of the North State has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a perfect score of 100 in this category, the organization demonstrates a transparent and efficient management of funds, as evidenced by its independent board, thorough audit practices, and responsible financial ratios. Furthermore, the majority of its board members are independent, ensuring a high level of governance.

User feedback from Great Nonprofits highlights the organization's effectiveness in serving the community, particularly in managing funds and supporting various initiatives in education and the arts. A volunteer noted its success in remaining resilient even during economic downturns, underscoring the foundation's valuable role in the Northstate region.

However, while the organization excels in accountability, its Culture & Community score of 79 indicates there may be areas for improvement in its equity strategies and community engagement practices. The foundation is actively working on implementing equity practices, signaling a commitment to enhancing its impact within the community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Community Foundation Of The North State legitimate?

Community Foundation Of The North State is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The North State 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: $263,957
Professional Fundraising Fees: $0
Other Salaries and Wages: $358,388

For more financial information, click here


Official website here: www.cfnorthstate.org/

What is the mission statement of Community Foundation Of The North State?

The Community Foundation of the North State promotes philanthropy by bridging the gap between individuals with a passion for giving and causes that require support. Its mission is centered around connecting these compassionate individuals with worthy causes, thereby contributing to the betterment of the community. The foundation manages assets exceeding 26 million dollars, distributed across over 150 philanthropic funds. It provides grants, scholarships, and loans to address local needs, acting as a regional hub for philanthropy. The Community Foundation offers donors straightforward and impactful methods to contribute locally, serving Shasta, Siskiyou, and Tehama counties.


Official website here: www.cfnorthstate.org/

Who is the CEO of Community Foundation Of The North State?

Kerry Caranci is the Ceo of Community Foundation Of The North State. The CEO's salary of Community Foundation Of The North State is $161,115 and their total compensation is $169,321.


Official website here: www.cfnorthstate.org/

What is the revenue of Community Foundation Of The North State?

Community Foundation Of The North State's revenue in 2023 was $5,598,689.


Official website here: www.cfnorthstate.org/

Who are the executives of Community Foundation Of The North State and what are their salaries?

The average compensation at Community Foundation Of The North State during 2023 was $77,793. There are 8 employees and 50 volunteers at Community Foundation Of The North State.


Here are 19 key members and their salaries (Community Foundation Of The North State's CEO's salary is $161,115 and their total compensation is $169,321):


Kerry Caranci (Ceo)
  • Compensation: $161,115
  • Related: $0
  • Other: $8,206
Jason Luther (Cfo)
  • Compensation: $84,530
  • Related: $0
  • Other: $1,627
Mark Clure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Cornelius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Forbes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Dean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Lang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Mangas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Cardenas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Reeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Seamans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Shields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Miner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Denham (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Bergman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Forrest Wilder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Taforo (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Drinkwater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Hood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cfnorthstate.org/

Where can I find the form 990 for Community Foundation Of The North State?

Community Foundation Of The North State's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cfnorthstate.org/

Learn more at the official website: www.cfnorthstate.org/

Mission Statement of Community Foundation Of The North State

The Community Foundation of the North State, as a philanthropic organization, plays a significant role in promoting giving by linking individuals with causes that resonate with them. Its mission is multifaceted, focusing on fostering philanthropy by bridging the gap between compassionate individuals and pressing community concerns. The foundation accomplishes this by managing over 150 philanthropic funds, totaling assets of more than 26 million dollars. Through grant making, scholarships, and loans, it addresses local needs effectively. Furthermore, the Community Foundation of the North State serves as a regional hub for philanthropy, offering donors straightforward and impactful ways to contribute to their community. By connecting people who care with causes that matter, the organization actively contributes to the betterment of its community.

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Impact




July, 2024

Community Foundation Of The North State's impact lies in its ability to promote philanthropy and connect people who care with causes that matter in Redding, CA. With over 150 philanthropic funds and assets of more than $26 million, the foundation plays a crucial role in asset development and grantmaking across Shasta, Siskiyou, and Tehama counties. By providing grants, scholarships, and loans to address local needs, the Community Foundation serves as a regional center for philanthropy, offering donors simple and effective ways to make a difference in their community.




This information is meant to be a general summary of Community Foundation Of The North State. 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.

Revenue
$5,598,689 (2023)
Expenses
$6,390,642 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $879,889
  • Program Service Revenue: $614,817
  • Gross Receipts: $17,607,107

Assets and Liabilities:

  • Total Assets: $33,957,435
  • Total Liabilities: $453,468
  • Net Assets: $33,503,967

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Administrative Fees

Revenue

$614,817

Organization Details

Founding Year

2000

Principal Officer

Kerry Caranci

Main Address

1335 Arboretum Drive Ste B, Redding, CA, 96003

NTEE Category

Code: T31 - Philanthropy

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