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Golden Belt 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: 742804940 ✦ Great bend, KS ✦ Designated as a 501(c)(3)

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Overview

What is Golden Belt Community Foundation?

Golden Belt Community Foundation is a nonprofit organization situated in Great Bend, Kansas, specifically at 1307 Williams. Their primary focus is to provide essential funding through scholarships and grants to various charitable, religious, and governmental organizations, as well as individuals, to support education and address basic needs for individuals facing hardships. The foundation primarily serves Barton, Pawnee, Rush, and Stafford counties in central Kansas. Most grants are awarded through a competitive application process, reviewed by a committee of volunteers, and then approved by the board of directors. The foundation's mission is to bring together extraordinary people to plan for a vibrant future, creating remarkable legacies in their community. They have significantly contributed to the health and well-being of children and youth, services for the indigent, recreation, education, and the arts. With a small team of four dedicated individuals, the foundation strives to make a lasting impact in its local community.


Official website here: www.goldenbeltcf.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

The Golden Belt Community Foundation has achieved a commendable 92% rating on Charity Navigator, indicating strong accountability and financial health. This high score reflects the organization's effective governance, with a fully independent board and comprehensive policies in place to ensure transparency and ethical management.

Strengths of the foundation include an impressive program expense ratio of over 90%, showcasing its commitment to directing funds toward its mission rather than administrative costs. Additionally, the organization has demonstrated exceptional fundraising efficiency, with minimal costs associated with raising funds. Its sound financial practices, including a favorable liabilities to assets ratio, further highlight its sustainability and operational effectiveness.

Despite its notable strengths, the information does not indicate any specific limitations or concerns regarding the foundation's operations. Overall, the Golden Belt Community Foundation appears to be a well-managed nonprofit that effectively utilizes its resources to support its community initiatives.


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

Is Golden Belt Community Foundation legitimate?

Golden Belt Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Belt 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: $99,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,444

For more financial information, click here


Official website here: www.goldenbeltcf.org/

What is the mission statement of Golden Belt Community Foundation?

The Golden Belt Community Foundation's mission is centered around bringing together extraordinary individuals to envision a prosperous future. Their primary goal is to foster a sense of community, where families, friends, and neighbors collaborate to establish enduring legacies. The foundation's role includes providing funding for scholarships and grants, benefiting various organizations such as charitable, religious, and governmental entities, as well as individuals in need of educational support or assistance during difficult times. The foundation primarily serves the counties of Barton, Pawnee, Rush, and Stafford in central Kansas. The grant allocation process is fair and non-discriminatory, with applications reviewed by a volunteer committee before approval by the board of directors. Significant grants have been awarded in areas like children's and youth health and well-being, aid for the indigent, recreation and public spaces, and education and the arts.


Official website here: www.goldenbeltcf.org/

Who is the CEO of Golden Belt Community Foundation?

Christy Tustin is the President of Golden Belt Community Foundation.


Official website here: www.goldenbeltcf.org/

What is the revenue of Golden Belt Community Foundation?

Golden Belt Community Foundation's revenue in 2022 was $5,830,057.


Official website here: www.goldenbeltcf.org/

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

The average compensation at Golden Belt Community Foundation during 2022 was $50,801. There are 4 employees and 30 volunteers at Golden Belt Community Foundation.


Here are 14 key members and their salaries:


Sheryl Schamaun (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Jecha (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Steffen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Panning (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Bunselmeyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Guesnier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Hoffman January To June (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Foster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Luft (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janell Foote (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baudilio Hernandez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cora Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Tustin (Executive Director)
  • Compensation: $99,760
  • Related: $0
  • Other: $1,414


Official website here: www.goldenbeltcf.org/

Where can I find the form 990 for Golden Belt Community Foundation?

Golden Belt Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goldenbeltcf.org/

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

Mission Statement of Golden Belt Community Foundation

The Golden Belt Community Foundation is committed to fostering a dynamic future for the community by assembling extraordinary individuals to collaborate and establish lasting legacies. Their mission revolves around the notion of collective planning, aiming to enhance the lives of family, friends, and neighbors in an exceptional manner. The Foundation's primary role involves providing essential funding, in the form of scholarships and grants, to a diverse range of organizations including charitable, religious, and governmental entities, as well as directly to individuals facing significant hardships. By doing so, the Foundation aims to support education, address basic needs, and enrich various sectors such as health and well-being, services for the indigent, recreation, and the arts, primarily in Barton, Pawnee, Rush, and Stafford counties in central Kansas. The Foundation's approach to grant distribution is fair and inclusive, with the majority of funds disbursed through a competitive application process, ensuring that the most deserving projects receive funding.

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Impact




July, 2024

Golden Belt Community Foundation's impact is seen through its support of scholarships and grants that benefit a wide range of organizations and individuals in central Kansas. By providing necessary funding for education, basic needs, and various charitable causes, the Foundation plays a crucial role in enhancing the quality of life in the communities it serves. Through its open and competitive grant application process, the Foundation ensures that resources are allocated fairly and effectively to address key areas such as health, youth well-being, services for the indigent, recreation, education, and the arts. This commitment to philanthropy enables the Foundation to empower individuals and organizations to create positive and lasting legacies that contribute to a vibrant future for all.




This information is meant to be a general summary of Golden Belt 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
$5,830,057 (2022)
Expenses
$3,603,817 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $552,460
  • Program Service Revenue: $23,345
  • Gross Receipts: $5,830,057

Assets and Liabilities:

  • Total Assets: $29,424,800
  • Total Liabilities: $2,137,761
  • Net Assets: $27,287,039

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Programs

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

Agency fund management

Revenue

$23,345

Organization Details

Founding Year

1996

Principal Officer

Christy Tustin

Main Address

1307 Williams, Great Bend, KS, 67530

NTEE Category

Code: T31 - Philanthropy

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