Overview
What is Grant County Community Foundation?
The Grant County Community Foundation, established in Grant County, New Mexico, serves as a catalyst for philanthropy in the southwest region. Their primary objective is to enrich lives in the community through collective action, fostering a culture of charitable giving. They achieve this by making grants to local non-profit organizations, thereby encouraging philanthropic activities. Their most notable initiative is the annual 'Give Grandly Day of Online Giving', where they mobilize local non-profits to participate and distribute matching funds to participating organizations. Over two years, this event has raised over a quarter of a million dollars for local organizations. The Foundation, with just one employee, plays a significant role in supporting community development in Grant County, New Mexico.
Official website here: www.grantcountycommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
The Grant County Community Foundation has achieved an overall score of 83%, reflecting solid performance in transparency and accountability. The organization boasts a fully independent board, which is a positive indicator of governance, receiving full marks for both the majority of independent board members and board size. Their low liabilities to assets ratio further underscores financial stability, with a significant majority of expenses directed towards programs.
Strengths noted in the assessment include a strong program expense ratio of nearly 95%, indicating that the foundation effectively uses its resources to fulfill its mission. They also have comprehensive policies in place regarding conflicts of interest and have made board meeting minutes accessible. These factors enhance the organization's credibility and trustworthiness in managing donated funds.
However, there are areas for improvement, particularly concerning the absence of a whistleblower policy and a document retention and destruction policy, both of which received zero points. Addressing these gaps could further strengthen the foundation's governance framework and enhance stakeholder confidence. Overall, the Grant County Community Foundation demonstrates a strong commitment to its mission and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Grant County Community Foundation legitimate?
Grant County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant 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: $0
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Other Salaries and Wages: $28,487
For more financial information, click here
Official website here: www.grantcountycommunityfoundation.org
What is the mission statement of Grant County Community Foundation?
The Grant County Community Foundation's mission is to enrich lives in Southwest New Mexico through collective action. They aim to foster a culture of philanthropy in Grant County by encouraging charitable giving. This foundation is committed to making grants to local non-profits, with a significant impact seen during their annual 'Give Grandly Day of Online Giving', which raised over $250,000 for participating organizations over two years. Their primary goal is to support local non-profit organizations and promote philanthropy in the community.
Official website here: www.grantcountycommunityfoundation.org
Who is the CEO of Grant County Community Foundation?
Len Lambert is the Board Chair of Grant County Community Foundation.
Official website here: www.grantcountycommunityfoundation.org
What is the revenue of Grant County Community Foundation?
Grant County Community Foundation's revenue in 2020 was $619,049.
Official website here: www.grantcountycommunityfoundation.org
Who are the executives of Grant County Community Foundation and what are their salaries?
The average compensation at Grant County Community Foundation during 2020 was $28,487. There is 1 employee and 100 volunteers at Grant County Community Foundation.
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Official website here: www.grantcountycommunityfoundation.org
Where can I find the form 990 for Grant County Community Foundation?
Grant County Community Foundation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.grantcountycommunityfoundation.org
Learn more at the official website: www.grantcountycommunityfoundation.org
Mission Statement of Grant County Community Foundation
Grant County Community Foundation, a notable non-profit organization, is committed to enriching lives in Southwest New Mexico through collective action. Their primary objective is to foster a culture of philanthropy within Grant County, New Mexico, by encouraging charitable giving. This philanthropic organization takes pride in making grants to local non-profits, aiming to contribute positively to the community.
To further its mission, Grant County Community Foundation organizes a day of online giving known as Give Grandly. This event encourages all local non-profits to participate, with the foundation raising matching funds that are subsequently distributed to the participating organizations. Over the past two years, this initiative has proven to be successful, raising over $250,000 for various local organizations, thereby demonstrating its significant impact on the community.
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Impact
July, 2024
Grant County Community Foundation has significantly enriched lives in Southwest New Mexico through its collective action initiatives. By promoting a culture of philanthropy in Grant County, New Mexico, the foundation has encouraged charitable giving and made impactful grants to local non-profits. One of its standout initiatives, the Give Grandly Day of online giving, has been instrumental in raising over $250,000 for local organizations over two years. This demonstrates the foundation's commitment to supporting and strengthening the community through strategic philanthropic efforts.
This information is meant to be a general summary of Grant 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 2020.
- Investment Income: $1,914
- Gross Receipts: $619,049
Assets and Liabilities:
- Total Assets: $739,162
- Total Liabilities: $323,507
- Net Assets: $415,655
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Organization Details
Founding Year
2015
Phone
(575) 956-6095Principal Officer
Len Lambert
Main Address
PO BOX 1767, SILVER CITY, NM, 88062
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Grant County Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.