Overview
What is Solano Community Foundation?
The Solano Community Foundation, located at 744 Empire Street 240, Fairfield, CA 94533, serves as a philanthropic resource for individuals, groups, businesses, and organizations. Their primary role is to meet the philanthropic goals of their donors and contribute to the community's wellbeing through grantmaking. They establish both endowed and non-endowed funds, channeling donations to qualified nonprofits whose missions align with donor interests. These grants support various program areas, while the foundation also awards scholarships to schools to assist students financially. As a community leader, the Solano Community Foundation fosters a strong and resilient community, now and for future generations. With a team of five dedicated employees, they act as a vehicle for philanthropy, ensuring donations make a meaningful impact in the local community.
Official website here: www.solanocf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Solano Community Foundation has received a score of 88%, reflecting a solid performance in accountability and finance, particularly with a commendable 83% in that area. The foundation is noted for its fully independent board and excellent management of assets, ensuring transparency and integrity in its operations. Additionally, it has strong policies in place, including conflict of interest and whistleblower policies, contributing to its positive rating.
User feedback highlights the foundation's dedication to serving the Solano County region effectively. Clients have expressed appreciation for the information and assistance provided by the foundation. Reviews mention specific programs, like the Nonprofit Partnership Program, that facilitate networking and collaboration among local nonprofits, thereby enhancing community support and outreach.
While the foundation faces challenges due to its geographical location outside the major metropolitan areas, it continues to excel in promoting local nonprofits and fostering community engagement. Its exceptional score in culture and community indicates a strong commitment to equity and inclusion, with effective practices for feedback collection and usage. Overall, the Solano Community Foundation demonstrates a robust commitment to its mission and community impact.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Solano Community Foundation legitimate?
Solano Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solano Community 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: $106,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,555
For more financial information, click here
Official website here: www.solanocf.org
What is the mission statement of Solano Community Foundation?
The Solano Community Foundation serves to strengthen communities both presently and for future generations. Acting as a grantmaker, a philanthropic vehicle, and a community leader, its mission is to align with donors' philanthropic goals, maximize their investments, and secure the highest tax savings. The foundation works with various entities, including individuals, groups, businesses, and organizations, to establish endowed or non-endowed funds. These donor funds then grant money to qualified nonprofits whose missions and activities align with the funders' interests, as well as award scholarships to schools to support students financially. The Solano Community Foundation makes both competitive and noncompetitive grant awards, spanning various program interest areas.
Official website here: www.solanocf.org
Who is the CEO of Solano Community Foundation?
Constance Harris is the Ceo of Solano Community Foundation. The CEO's salary of Solano Community Foundation is $106,082 and their total compensation is $106,082.
Official website here: www.solanocf.org
What is the revenue of Solano Community Foundation?
Solano Community Foundation's revenue in 2022 was $1,623,430.
Official website here: www.solanocf.org
Who are the executives of Solano Community Foundation and what are their salaries?
The average compensation at Solano Community Foundation during 2022 was $55,927. There are 5 employees at Solano Community Foundation.
Here are 7 key members and their salaries (Solano Community Foundation's CEO's salary is $106,082 and their total compensation is $106,082):
- Compensation: $106,082
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.solanocf.org
Where can I find the form 990 for Solano Community Foundation?
Solano Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.solanocf.org
Learn more at the official website: www.solanocf.org
Mission Statement of Solano Community Foundation
The Solano Community Foundation, acting as a grantmaker, philanthropic vehicle, and community leader, is committed to enhancing the current and future well-being of its community. This organization assumes these roles to cater to the philanthropic aspirations of various donors, maximize their investments, and offer the most significant tax savings possible. Solano Community Foundation collaborates with individuals, organizations, businesses, and groups to establish endowed or non-endowed funds. These donor funds, in turn, grant funds to eligible nonprofit organizations whose missions and activities align with the donors' philanthropic interests. Furthermore, donor funds provide scholarships to schools, offering financial aid to deserving students. By doing so, the Solano Community Foundation effectively meets the needs of both its donors and the community at large.
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Impact
July, 2024
Solano Community Foundation's impact is evident through its dedication to strengthening the community both now and for future generations. By serving as a grantmaker, a vehicle for philanthropy, and a community leader, the foundation plays a crucial role in channeling resources towards addressing various needs and opportunities within Solano County. Through its donor fund grantmaking programs, Solano Community Foundation enables individuals, groups, businesses, and organizations to fulfill their philanthropic goals, maximize their investments, and achieve tax savings. This not only benefits the donors but also supports qualified nonprofits and provides financial assistance to deserving students through scholarships. The foundation's impact can be seen in the positive outcomes generated by its grant awards across different program interest areas, contributing to the overall well-being and development of the community.
This information is meant to be a general summary of Solano Community 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: $450,186
- Gross Receipts: $1,623,430
Assets and Liabilities:
- Total Assets: $10,430,764
- Total Liabilities: $0
- Net Assets: $10,430,764
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Organization Details
Founding Year
1994
Phone
(707) 399-3846Principal Officer
Constance Harris
Main Address
744 Empire Street 240, Fairfield, CA, 94533
Website
www.solanocf.orgNTEE Category
Code: T31 - Philanthropy
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