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Lincoln Community Foundation

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

EIN: 731677611 ✦ Lincoln, CA ✦ Designated as a 501(c)(3)

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Overview

What is Lincoln Community Foundation?

Lincoln Community Foundation, located in Lincoln, California, is a nonprofit organization dedicated to improving the community's quality of life. They achieve this by funding projects of local, community-based organizations and supporting various community events during the fiscal year. The foundation's primary mission is to foster philanthropy and stewardship in Lincoln, aiming to make positive impacts today and in the future.


Official website here: www.lincolncommunityfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

The Lincoln Community Foundation has achieved a respectable score of 80%, reflecting a solid performance in accountability and finance. The foundation boasts a fully independent board, which enhances its governance and integrity. Additionally, it has no material diversions of assets and demonstrates a strong commitment to program expenses, allocating 82.07% of its budget towards its programs.

However, there are some areas for improvement. The organization lacks a whistleblower policy and has not documented board meeting minutes, which are important for transparency and accountability. While the foundation scores well in many categories, addressing these gaps could further strengthen its overall standing and reassure stakeholders of its commitment to best practices in governance.


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

Is Lincoln Community Foundation legitimate?

Lincoln Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lincolncommunityfoundation.org

What is the mission statement of Lincoln Community Foundation?

The Lincoln Community Foundation's mission is focused on fostering philanthropy and stewardship within the community. Their primary goal is to improve the quality of life in the community by financially supporting various projects of local, community-based organizations. During the fiscal year, several organizations received funding, and community events were also supported by the foundation. In essence, the Lincoln Community Foundation serves to cultivate philanthropy for the betterment of the community, ensuring its prosperity for both the present and the future.


Official website here: www.lincolncommunityfoundation.org

What is the revenue of Lincoln Community Foundation?

Lincoln Community Foundation's revenue in 2023 was $43,777.


Official website here: www.lincolncommunityfoundation.org

Who are the executives of Lincoln Community Foundation and what are their salaries?

There 50 volunteers at Lincoln Community Foundation.

Here are 4 key members and their salaries:


Rosemary Knutson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Luke (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Knutson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Bedwell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lincolncommunityfoundation.org

Where can I find the form 990 for Lincoln Community Foundation?

Lincoln Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lincolncommunityfoundation.org

Learn more at the official website: www.lincolncommunityfoundation.org

Mission Statement of Lincoln Community Foundation

Lincoln Community Foundation is dedicated to fostering philanthropy and stewardship within the Lincoln community, working towards enhancing its overall quality of life. Through this mission, the foundation supports various community-based organizations by funding their projects and initiatives. By doing so, Lincoln Community Foundation plays a significant role in contributing to the betterment of the community, enriching lives and promoting growth. In the fiscal year, numerous organizations benefited from their funding, and the foundation also contributed to community events, furthering its commitment to the Lincoln community.

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Impact




August, 2024

Lincoln Community Foundation's impact can be seen in the positive changes it brings to the Lincoln community. By funding various projects and community-based organizations, the foundation enhances the quality of life for the residents. Additionally, their support for multifaceted community events contributes to a sense of unity and engagement among the local population. Through their mission to cultivate Lincoln philanthropy and stewardship, the foundation plays a critical role in ensuring a thriving present and a promising future for the city.




This information is meant to be a general summary of Lincoln 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.

Revenue
$43,777 (2023)
Expenses
$44,017 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $34
  • Gross Receipts: $68,359

Assets and Liabilities:

  • Total Assets: $571,102
  • Total Liabilities: $0
  • Net Assets: $571,102

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Programs

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

Program Service Fees
Refunds-Unused Grant Fund

Organization Details

Founding Year

2003

Principal Officer

Rosemary Knutson

NTEE Category

Code: T31 - Philanthropy

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