Overview
What is The Palo Alto Community Fund?
The Palo Alto Community Fund, located in California, is a charitable organization committed to enhancing the quality of life in its local community. By channeling donations to effective nonprofits, it supports various initiatives addressing diverse challenges. Three primary focus areas include supporting educational success, enhancing community life, and uplifting the vulnerable. In education, it provides scholarships, tutoring, and mentoring for students, while also offering resources for teachers. For community life, it offers financial education, arts and theater experiences, and environmental education. To uplift the vulnerable, it supports mental health services, shelter programs, and services for seniors and low-income families. The organization's mission is to address the unique needs of its community, with a total staff of just two individuals.
Official website here: www.paloaltocommfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Palo Alto Community Fund has received a commendable Four-Star rating from Charity Navigator, highlighting its strong accountability and financial management practices. With a perfect score in Accountability & Finance, the organization showcases a commitment to transparency and ethical governance, reinforced by its fully independent board and comprehensive financial oversight. Its program expense ratio of 88.18% indicates that a significant portion of its funds directly supports community initiatives, while its fundraising efficiency demonstrates effective use of resources.
User reviews on Great Nonprofits reflect high satisfaction among donors and board members. Many appreciate the organization's focus on local impact and the strength of its community ties. The ability to support multiple nonprofits through a single contribution is particularly praised, showing that PACF effectively leverages community generosity to enhance the lives of residents.
While the organization scores well overall, it does show some room for improvement in its equity data and policies, scoring lower in these areas. Nonetheless, the positive feedback and strong financial health underscore PACF's role as a vital community resource in Palo Alto.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Palo Alto Community Fund legitimate?
The Palo Alto Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Palo Alto Community Fund 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: $202,255
For more financial information, click here
Official website here: www.paloaltocommfund.org
What is the mission statement of The Palo Alto Community Fund?
The Palo Alto Community Fund focuses on addressing the unique needs of its community by channeling charitable donations towards effective organizations. Its mission is to enhance the quality of life for everyone in the area, including Palo Alto, East Palo Alto, and Menlo Park. During the year ending June 30, 2023, the fund supported 84 local nonprofit organizations, addressing various challenges and improving the community's quality of life.
Three main focus areas that the fund supported were:
1. Educational success, providing scholarships, mentoring, tutoring, and resources for students at all levels.
2. Enhancing community life, offering programs for single mothers, professional theater, environmental education, and grief counseling.
3. Uplifting the vulnerable, enabling nonprofits to provide mental health support, shelter, meals, and social services for those in need.
Official website here: www.paloaltocommfund.org
Who is the CEO of The Palo Alto Community Fund?
Sigrid Pinsky is the Executive Director of The Palo Alto Community Fund.
Official website here: www.paloaltocommfund.org
What is the revenue of The Palo Alto Community Fund?
The Palo Alto Community Fund's revenue in 2023 was $2,750,605.
Official website here: www.paloaltocommfund.org
Who are the executives of The Palo Alto Community Fund and what are their salaries?
The average compensation at The Palo Alto Community Fund during 2023 was $101,128. There are 2 employees and 23 volunteers at The Palo Alto Community Fund.
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Official website here: www.paloaltocommfund.org
Where can I find the form 990 for The Palo Alto Community Fund?
The Palo Alto Community Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.paloaltocommfund.org
Learn more at the official website: www.paloaltocommfund.org
Mission Statement of The Palo Alto Community Fund
The Palo Alto Community Fund focuses on addressing the unique needs of its community by channeling charitable giving from local donors to effective organizations that improve the quality of life for everyone in Palo Alto, East Palo Alto, and Menlo Park. This mission is carried out by supporting 84 local community nonprofit organizations, which are tackling a wide variety of challenges and enhancing the quality of life for families and individuals throughout the service area.
In line with this mission, The Palo Alto Community Fund supports educational success by enabling nonprofits that provide scholarships, mentoring, tutoring, and various educational programs for students of all ages, from elementary school to college. The fund also enhances community life by supporting nonprofits that offer financial education, artistic experiences, environmental education, and grief counseling services. Furthermore, The Palo Alto Community Fund uplifts the vulnerable in its community by enabling nonprofits to provide mental health support, shelter, social services, and assistance to underserved populations, such as seniors, low-income families, and individuals with disabilities.
In essence, The Palo Alto Community Fund focuses on improving the quality of life for its community by supporting local nonprofit organizations that address a wide range of challenges, from education to mental health and housing, thereby enriching the lives of individuals and families within its service area.
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Impact
July, 2024
The Palo Alto Community Fund plays a crucial role in improving the quality of life for residents in Palo Alto, East Palo Alto, and Menlo Park. By channeling charitable giving from local donors to effective organizations, the fund supports a wide range of programs that address important community needs. These programs focus on areas such as educational success, enhancing community life, and uplifting the vulnerable in our community.
Through initiatives like providing scholarships, mentoring, tutoring, counseling, and art education to students of all ages, supporting single mothers with financial education, offering environmental education, and mental health support for children and families, the fund makes a significant impact on the well-being of individuals and families in the community. Additionally, by providing services such as shelter, food, legal assistance, and job training to vulnerable populations, the fund helps uplift those in need.
Overall, The Palo Alto Community Fund's contribution positively influences the lives of many by supporting a diverse range of programs that aim to create a more inclusive, supportive, and thriving community for all residents.
This information is meant to be a general summary of The Palo Alto Community Fund. 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 2023.
- Investment Income: $189,888
- Gross Receipts: $2,959,975
Assets and Liabilities:
- Total Assets: $9,114,646
- Total Liabilities: $17,363
- Net Assets: $9,097,283
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Organization Details
Founding Year
1998
Phone
(650) 690-0370Principal Officer
Sigrid Pinsky
Main Address
PO BOX 50634, PALO ALTO, CA, 94303
Website
www.paloaltocommfund.orgNTEE Category
Code: T31 - Philanthropy
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