Overview
What is The Community Foundation San Luis Obispo County?
The Community Foundation San Luis Obispo County is a local philanthropic organization based in San Luis Obispo, California. With a mission to make a difference through philanthropic leadership, they serve the entire county, funding various initiatives, projects, and organizations. Their work is fueled by the generosity of their donors, both past and present, aiming to strengthen civic life in response to the evolving demographics and needs of the communities. Their grantmaking focuses on eight core areas: arts and culture, education, health, human services, scholarships, environment, community enhancement, and a flexible category for donors with diverse charitable interests. The foundation works to engage private giving for public good, build and maintain permanent endowments, provide tax-exempt vehicles for donors, serve as a catalyst for community needs, and strengthen the non-profit sector through grants and development assistance, all in an effort to impact San Luis Obispo County positively.
Official website here: www.cfsloco.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 100% (Four-Star out of Four Stars)**
The Community Foundation San Luis Obispo County has received an impressive Four-Star rating from Charity Navigator, indicating excellence in financial health and governance practices. With a perfect accountability and finance score, the foundation demonstrates robust financial management and a strong commitment to transparency. The high score signifies that contributors can donate confidently, knowing their funds will be used effectively and responsibly.
Strengths of the organization include its fully independent board and thorough governance policies. Notably, it maintains a healthy ratio of program expenses, ensuring that a significant portion of its funds directly contribute to its charitable mission. Furthermore, the foundation exhibits remarkable fundraising efficiency, with minimal costs associated with raising funds, thus maximizing the resources available for community initiatives.
However, while the foundation excels in financial metrics, certain areas like Impact & Measurement, Culture & Community, and Leadership & Adaptability have not yet been scored by Charity Navigator. This does leave a gap in understanding the organization's overall effectiveness and influence in the community it serves. Currently, user reviews from GreatNonprofits could not be fetched, providing no additional feedback on public sentiment.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation San Luis Obispo County legitimate?
The Community Foundation San Luis Obispo County is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation San Luis Obispo County 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: $306,952
Professional Fundraising Fees: $0
Other Salaries and Wages: $416,546
For more financial information, click here
Official website here: www.cfsloco.org
What is the mission statement of The Community Foundation San Luis Obispo County?
The Community Foundation San Luis Obispo County's mission is centered around philanthropic leadership, aimed at making a difference in the community. To accomplish this, the foundation engages in private giving for public good, builds and maintains permanent endowments to respond to evolving community needs, provides flexible tax-exempt vehicles for donors with varying charitable interests, serves as a catalyst and resource to effectively address community needs, and strengthens the non-profit sector through grants and development assistance. The organization's activities span across various core areas such as arts and culture, education, health, human services, scholarships, environment, and community enhancement, funded by the generosity of its donors.
Official website here: www.cfsloco.org
Who is the CEO of The Community Foundation San Luis Obispo County?
Heidi Mcpherson is the President of The Community Foundation San Luis Obispo County. The CEO's salary of The Community Foundation San Luis Obispo County is $194,983 and their total compensation is $200,854.
Official website here: www.cfsloco.org
What is the revenue of The Community Foundation San Luis Obispo County?
The Community Foundation San Luis Obispo County's revenue in 2022 was $8,587,085.
Official website here: www.cfsloco.org
Who are the executives of The Community Foundation San Luis Obispo County and what are their salaries?
The average compensation at The Community Foundation San Luis Obispo County during 2022 was $42,559. There are 17 employees and 100 volunteers at The Community Foundation San Luis Obispo County.
Here are 15 key members and their salaries (The Community Foundation San Luis Obispo County's CEO's salary is $194,983 and their total compensation is $200,854):
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- Compensation: $194,983
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- Other: $5,871
- Compensation: $111,969
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- Other: $3,373
Official website here: www.cfsloco.org
Where can I find the form 990 for The Community Foundation San Luis Obispo County?
The Community Foundation San Luis Obispo County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfsloco.org
Learn more at the official website: www.cfsloco.org
Mission Statement of The Community Foundation San Luis Obispo County
The Community Foundation San Luis Obispo County, a philanthropic organization, is committed to making a significant impact in its mission. This mission is centered around leveraging private giving for public good. By engaging in philanthropic leadership, the foundation seeks to address evolving community needs and respond to them effectively.
To accomplish this, The Community Foundation San Luis Obispo County builds and maintains permanent endowments. These endowments serve as a flexible resource for donors with diverse charitable interests and abilities, enabling them to contribute to causes that resonate with them. The foundation also functions as a catalyst and resource, actively responding to community needs through scholarships and development assistance.
Furthermore, the organization strengthens the non-profit sector by providing grants and assistance for development. This holistic approach to philanthropy allows The Community Foundation San Luis Obispo County to support a wide range of initiatives, projects, and organizations across various sectors, including arts and culture, education, health, human services, scholarships, environment, and community enhancement. By doing so, the foundation plays a crucial role in promoting philanthropy that strengthens civic life across the San Luis Obispo County region, responding to the ever-changing demographics and needs of its communities.
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Impact
July, 2024
The Community Foundation San Luis Obispo County has a significant impact on the community through its philanthropic leadership. By engaging private giving for public good, building and maintaining permanent endowments, providing tax-exempt vehicles for donors, offering scholarships, and strengthening the nonprofit sector through grants and development assistance, the foundation plays a crucial role in addressing the changing needs of San Luis Obispo County. Funding a diverse range of initiatives, projects, and organizations in areas such as arts & culture, education, health, human services, environment, and community enhancement, the foundation promotes philanthropy that strengthens civic life across the region.
This information is meant to be a general summary of The Community Foundation San Luis Obispo County. 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: $1,361,711
- Gross Receipts: $39,000,533
Assets and Liabilities:
- Total Assets: $66,389,017
- Total Liabilities: $3,346,949
- Net Assets: $63,042,068
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Organization Details
Founding Year
1998
Phone
(805) 543-2323Principal Officer
Heidi Mcpherson
Main Address
550 DANA STREET, SAN LUIS OBISPO, CA, 93401
Website
www.cfsloco.orgNTEE Category
Code: T31 - Philanthropy
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