Overview
What is Ventura County Community Foundation?
The Ventura County Community Foundation, situated in Camarillo, California, serves as a bridge connecting donors to the community needs they are passionate about. Through their philanthropic efforts, they granted a substantial sum of $11.1 million to 236 distinct public charities and provided scholarships totaling $1.37 million to over 300 local students. Dedicated to making a lasting impact, the foundation's mission involves connecting people, resources, and solutions to enhance the community. With a team of 25 employees, the Ventura County Community Foundation is a vital force in promoting and enabling philanthropy in their shared world.
Official website here: www.vccf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Star rating from Charity Navigator.
The Ventura County Community Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. With a score of 97%, the foundation demonstrates exceptional practices, particularly in areas such as independent board governance and financial oversight. The organization scores perfectly on all key metrics, showcasing transparency and commitment to good stewardship of funds.
Strengths of the Ventura County Community Foundation include a fully independent board, with all ten members meeting the criteria for independence. Additionally, the foundation excels in its program expense ratio, indicating that a significant portion of its resources is directed towards its mission-driven activities. Its low liabilities to assets ratio and high working capital ratio further exemplify its financial health and sustainability.
While the overall ratings are highly favorable, the summary does not indicate any specific weaknesses or areas for improvement. This positive feedback positions the Ventura County Community Foundation as a trustworthy organization for potential donors and community partners.
This AI summary has been generated from information found on Charity Navigator.
Is Ventura County Community Foundation legitimate?
Ventura County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ventura County 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: $605,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,140,275
For more financial information, click here
Official website here: www.vccf.org
What is the mission statement of Ventura County Community Foundation?
The Ventura County Community Foundation serves the purpose of fostering philanthropy to make a lasting impact on the community. Its mission encompasses connecting individuals, resources, and solutions to address community needs. The foundation has granted substantial funds to various public charities, totaling $11 million, and awarded scholarships to over three hundred local students, amounting to $1.4 million. The organization plays a vital role in bringing about positive change and improvement in the community.
Official website here: www.vccf.org
Who is the CEO of Ventura County Community Foundation?
Vanessa Bechtel is the Chair of Ventura County Community Foundation. The CEO's salary of Ventura County Community Foundation is $296,982 and their total compensation is $321,082.
Official website here: www.vccf.org
What is the revenue of Ventura County Community Foundation?
Ventura County Community Foundation's revenue in 2022 was $29,608,234.
Official website here: www.vccf.org
Who are the executives of Ventura County Community Foundation and what are their salaries?
The average compensation at Ventura County Community Foundation during 2022 was $69,828. There are 25 employees and 100 volunteers at Ventura County Community Foundation.
Here are 17 key members and their salaries (Ventura County Community Foundation's CEO's salary is $296,982 and their total compensation is $321,082):
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- Compensation: $296,982
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- Other: $24,100
- Compensation: $228,499
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- Other: $13,875
- Compensation: $182,271
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- Other: $13,889
- Compensation: $141,337
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- Other: $11,436
Official website here: www.vccf.org
Where can I find the form 990 for Ventura County Community Foundation?
Ventura County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vccf.org
Learn more at the official website: www.vccf.org
Mission Statement of Ventura County Community Foundation
The Ventura County Community Foundation (VCCF) is a philanthropic organization dedicated to making a lasting impact on the community. With a mission to connect people, resources, and solutions, VCCF serves as a bridge between donors and the community needs they care about. In the past year, VCCF granted a significant amount of $11,136,000 to 236 unique public charities, demonstrating their commitment to supporting various causes that enrich the community. Furthermore, through their scholarship program, VCCF provided $1,373,650 to over three hundred local students, investing in the next generation of leaders. By facilitating these connections, the Ventura County Community Foundation continues to make a meaningful difference in the lives of many.
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Impact
October, 2024
The Ventura County Community Foundation (VCCF) plays a crucial role in enhancing the well-being of the community by promoting and enabling philanthropy. Its efforts connect donors with the specific needs of the community, resulting in significant financial support for various local initiatives.
In a comprehensive demonstration of its impact, VCCF granted $11,136,000 to 236 unique public charities, addressing a diverse array of community needs and challenges. Additionally, the foundation has invested in the future of local students by providing $1,373,650 through its scholarship program, empowering over three hundred individuals to pursue their educational aspirations.
Through these initiatives, VCCF strives to create lasting change by bringing together people, resources, and solutions that foster a thriving community for generations to come.
This information is meant to be a general summary of Ventura County 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: $7,318,032
- Program Service Revenue: $1,286,944
- Gross Receipts: $46,837,782
Assets and Liabilities:
- Total Assets: $164,442,334
- Total Liabilities: $27,292,720
- Net Assets: $137,149,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$914,734
MANAGEMENT FEES
Revenue
$372,210
Organization Details
Founding Year
1987
Phone
(805) 988-0196Principal Officer
Vanessa Bechtel
Main Address
4001 MISSION OAKS BLVD A, CAMARILLO, CA, 93012
Website
www.vccf.orgNTEE Category
Code: T310 - Philanthropy
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