Overview
What is Missoula Community Foundation?
Missoula Community Foundation is a nonprofit organization situated in Missoula, Montana. With a small team of five dedicated individuals, its primary mission is to bolster community resilience by stimulating philanthropy and fortifying local nonprofits. This is accomplished through various charitable giving mechanisms, including donor-advised funds, perpetual endowments, and charitable gift annuities. These tools serve as a conduit for channeling funds to numerous charitable entities, thereby promoting community development. The Foundation's underlying objective is to contribute to the betterment of the Missoula community by empowering nonprofits and encouraging charitable contributions.
Official website here: www.missoulacommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Missoula Community Foundation has received a solid Three-Star rating, reflecting its strong accountability and financial practices. With a score of 81%, the foundation excels in various areas, such as having a fully independent board and no reported material diversion of assets. This commitment to governance and financial health is crucial for building donor trust and ensuring effective operations.
The organization has demonstrated a robust program expense ratio of 80.98%, indicating that the majority of its funds are directed towards its mission-driven programs. Additionally, it maintains transparency by providing essential policies, including a conflict of interest policy and a whistleblower policy, which further strengthens its accountability to stakeholders.
While the foundation shows impressive financial practices, the overall rating relies solely on its accountability and finance score. Future assessments may benefit from a broader evaluation that includes program impact and community engagement to paint a complete picture of the nonprofit's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Missoula Community Foundation legitimate?
Missoula Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missoula 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: $97,708
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,558
For more financial information, click here
Official website here: www.missoulacommunityfoundation.org
What is the mission statement of Missoula Community Foundation?
The Missoula Community Foundation, as its mission, strives to bolster community vitality by motivating community philanthropy and bolstering the capabilities of nonprofit organizations. They achieve this by managing charitable assets through various giving tools such as donor-advised funds, permanent endowments, and charitable gift annuities, which are then utilized to grant funds to numerous nonprofits. This mission aims to foster a thriving community by empowering local nonprofit organizations.
Official website here: www.missoulacommunityfoundation.org
Who is the CEO of Missoula Community Foundation?
Marcy Allen is the Executive Dir. of Missoula Community Foundation.
Official website here: www.missoulacommunityfoundation.org
What is the revenue of Missoula Community Foundation?
Missoula Community Foundation's revenue in 2022 was $1,346,209.
Official website here: www.missoulacommunityfoundation.org
Who are the executives of Missoula Community Foundation and what are their salaries?
The average compensation at Missoula Community Foundation during 2022 was $28,053. There are 5 employees and 40 volunteers at Missoula Community Foundation.
Here are 9 key members and their salaries:
- Compensation: $97,708
- Related: $0
- Other: $2,781
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.missoulacommunityfoundation.org
Where can I find the form 990 for Missoula Community Foundation?
Missoula Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.missoulacommunityfoundation.org
Learn more at the official website: www.missoulacommunityfoundation.org
Mission Statement of Missoula Community Foundation
Missoula Community Foundation, a nonprofit organization, is dedicated to boosting community liveliness by encouraging philanthropic contributions and reinforcing the strengths of local charities. Their mission is multifaceted, aiming to inspire generous giving and fortify the capabilities of these nonprofit institutions. Through various charitable giving mechanisms, such as donor-advised funds, perpetual endowments, and charitable gift annuities, the foundation collects and manages charitable assets for the purpose of granting funds to a diverse array of nonprofit organizations. By performing these functions, Missoula Community Foundation plays a pivotal role in supporting the growth and success of these vital community organizations.
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Impact
July, 2024
The Missoula Community Foundation has a significant impact on the community by inspiring philanthropy and supporting nonprofits to enhance community vitality. Through its fund services and education programs, the foundation facilitates charitable giving through various tools like donor advised funds and endowments, ultimately making grants to diverse nonprofits in the area. Its mission is to foster community improvement through strategic giving and nonprofit support.
This information is meant to be a general summary of Missoula 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: $1,475
- Program Service Revenue: $45,025
- Gross Receipts: $1,346,209
Assets and Liabilities:
- Total Assets: $894,957
- Total Liabilities: $36,883
- Net Assets: $858,074
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM ACTIVITIES
Revenue
$45,025
Organization Details
Founding Year
2001
Phone
(406) 926-2846Principal Officer
Marcy Allen
Main Address
PO BOX 8806, MISSOULA, MT, 59807
NTEE Category
Code: S12 - Community improvement
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