Overview
What is Community Foundation Of Acadiana?
The Community Foundation of Acadiana, based in Lafayette, Louisiana, is a nonprofit organization dedicated to enhancing the quality of life in the south-central region. With a mission to build legacies and improve communities, the Foundation serves as a bridge between generous donors and their preferred causes. By increasing charitable giving and offering effective giving opportunities, it aims to create a positive impact on the community. The organization's Leaders in Law - Leaders in Law Enforcement awards aim to recognize law enforcement departments for their significant contributions to their communities, allocating funds at their discretion to enhance operations and sustain outstanding performance. The Community Foundation of Acadiana is committed to its role as a resource for individual donors, families, corporations, and local entities, helping them realize objectives and projects that require an objective third party.
Official website here: www.cfacadiana.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Community Foundation of Acadiana has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This rating is derived entirely from its exceptional performance in the Accountability & Finance beacon, showcasing the organization's effective management and prudent financial practices.
One of the notable strengths highlighted is the composition of the board, with 95% of its members being independent. This independence is crucial for minimizing conflicts of interest and promoting objective governance. The foundation also scores full marks in several areas, including its audit and oversight committee, material diversion of assets, and the presence of essential policies like conflict of interest and whistleblower policies, indicating robust internal controls.
Despite its strengths, the summary does not mention specific programs or outcomes related to its community impact. While financial metrics such as a program expense ratio of 90.78% and a fundraising efficiency ratio of $0.002 are impressive, potential donors and stakeholders may look for more qualitative outcomes that demonstrate the foundation's effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Acadiana legitimate?
Community Foundation Of Acadiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Acadiana 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $553,395
For more financial information, click here
Official website here: www.cfacadiana.org
What is the mission statement of Community Foundation Of Acadiana?
The Community Foundation of Acadiana aims to enhance the quality of life in their community by increasing charitable giving and providing effective giving opportunities for donors. They believe that philanthropy can positively impact their region and have positioned themselves as a tool for individuals and corporations to increase and enhance their charitable interests. The foundation's mission is to build legacies and improve communities by connecting generous people to the causes they care about. They honor departments that are making significant impacts in their communities with the "Leaders in Law - Leaders in Law Enforcement" awards, allowing them to use the funds at their discretion to improve operations and encourage exceptional performance.
Official website here: www.cfacadiana.org
Who is the CEO of Community Foundation Of Acadiana?
Jason Freyou is the Chair of Community Foundation Of Acadiana. The CEO's salary of Community Foundation Of Acadiana is $0 and their total compensation is $0.
Official website here: www.cfacadiana.org
What is the revenue of Community Foundation Of Acadiana?
Community Foundation Of Acadiana's revenue in 2022 was $32,291,449.
Official website here: www.cfacadiana.org
Who are the executives of Community Foundation Of Acadiana and what are their salaries?
The average compensation at Community Foundation Of Acadiana during 2022 was $61,488. There are 9 employees at Community Foundation Of Acadiana.
Here are 22 key members and their salaries (Community Foundation Of Acadiana's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $173,428
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- Other: $31,305
Official website here: www.cfacadiana.org
Where can I find the form 990 for Community Foundation Of Acadiana?
Community Foundation Of Acadiana's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfacadiana.org
Learn more at the official website: www.cfacadiana.org
Mission Statement of Community Foundation Of Acadiana
The Community Foundation of Acadiana, a renowned organization, is dedicated to enhancing the quality of life in its region by fostering charitable giving. Through its initiatives, it connects generous individuals and corporations to causes that resonate with them, thereby building legacies and strengthening communities.
Founded on the belief that philanthropy can bring about transformative change, the Community Foundation of Acadiana serves as a catalyst for positive impact. It functions as a bridge between donors and various charitable causes, enabling them to make a difference in meaningful ways. The organization's mission goes beyond grant making; it seeks to create giving opportunities that are impactful and effective. In this capacity, it acts as a valuable partner to both donors and other entities, helping them realize their objectives and bring their projects to fruition.
The Community Foundation of Acadiana is deeply committed to its role as a regional leader. Its efforts are grounded in the conviction that collective giving can produce substantial change. It empowers individual donors, families, and corporations to increase and enhance their charitable interests while also providing valuable assistance to local government entities in realizing their objectives. By connecting people with causes, the Community Foundation of Acadiana fosters a culture of giving and builds a stronger, more resilient community.
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Impact
October, 2024
The Community Foundation of Acadiana significantly enhances the quality of life in south-central Louisiana through strategic philanthropy and community engagement. By fostering charitable giving, it creates meaningful opportunities for individuals, families, and corporations to contribute to causes they are passionate about.
The Foundation serves as a vital resource for local leaders and government entities, facilitating collaborative efforts to achieve community goals and address pressing needs. One notable initiative is the "Leaders in Law Enforcement" awards, which recognize police departments demonstrating exceptional impact in their communities. These awards empower law enforcement agencies to allocate funds as needed, driving operational improvements and promoting excellence in service.
Through these efforts, the Community Foundation of Acadiana not only nurtures philanthropic interests but also supports meaningful projects that strengthen community ties and advance regional objectives. Ultimately, it acts as a catalyst for positive change, ensuring that generous contributions translate into lasting benefits for the community.
This information is meant to be a general summary of Community Foundation Of Acadiana. 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: $5,804,897
- Program Service Revenue: $1,113,603
- Gross Receipts: $66,020,411
Assets and Liabilities:
- Total Assets: $148,594,814
- Total Liabilities: $15,413,791
- Net Assets: $133,181,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administrative fees
Revenue
$1,113,603
Organization Details
Founding Year
2000
Phone
(337) 769-4840Principal Officer
Jason Freyou
Main Address
1035 Camellia Blvd Ste 100, Lafayette, LA, 70508
Website
www.cfacadiana.orgNTEE Category
Code: T31 - Philanthropy
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