Overview
What is Spur Community Foundation Inc?
Spur Community Foundation Inc, located in Ketchum, Idaho, serves as a catalyst for effective philanthropy within the Wood River Valley. This nonprofit organization distributes grants from both its discretionary funds and donor-advised funds to local nonprofits. Its mission is threefold: to expand funding opportunities within the nonprofit sector, promote excellence and accountability among local organizations, and assist donors in managing their philanthropic contributions. With a team of four dedicated individuals, Spur Community Foundation Inc plays an instrumental role in fostering a thriving philanthropic landscape in the Wood River Valley.
Official website here: www.spurfoundation.org
What are the reviews and ratings of this charity?
**Spur Community Foundation Inc Rating: 84% (Three-Star out of Four Stars)**
Spur Community Foundation Inc has earned a solid Three-Star rating from Charity Navigator, indicating a reasonably healthy operational and financial standing. The organization has a particularly strong accountability & finance rating of 82%, primarily due to its 100% independent board and efficient program expense ratio of nearly 96%. However, it falls short in areas like financial transparency, notably lacking financial statements and a tax form posted on its website.
Operationally, Spur scores exceptionally well in leadership and adaptability, showcasing a commitment to growth and strategic planning. The organization is proactive in feedback collection and usage, earning top scores in these areas, which points to a responsive community-oriented approach. Nonetheless, the absence of a whistleblower and document retention policies might raise concerns regarding oversight and governance.
There are currently no user reviews available from GreatNonprofits, limiting insight into individual experiences with the organization. Nonetheless, the foundation's mission to inspire effective philanthropy in the Wood River Valley and its strategic goals of increasing income and ensuring sustainability demonstrate a forward-looking vision.
This AI summary has been generated from information found on Charity Navigator.
Is Spur Community Foundation Inc legitimate?
Spur Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spur Community Foundation Inc 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: $161,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,402
For more financial information, click here
Official website here: www.spurfoundation.org
What is the mission statement of Spur Community Foundation Inc?
The Spur Community Foundation Inc's mission is geared towards inspiring effective philanthropy within its community. It strives to expand funding opportunities for the nonprofit sector, promote excellence and accountability among local nonprofits, and assist donors in managing their giving. The foundation achieves this by making grants from both its discretionary funds and donor-advised funds.
Official website here: www.spurfoundation.org
Who is the CEO of Spur Community Foundation Inc?
Carol Nie is the President of Spur Community Foundation Inc.
Official website here: www.spurfoundation.org
What is the revenue of Spur Community Foundation Inc?
Spur Community Foundation Inc's revenue in 2022 was $7,214,013.
Official website here: www.spurfoundation.org
Who are the executives of Spur Community Foundation Inc and what are their salaries?
The average compensation at Spur Community Foundation Inc during 2022 was $58,833. There are 4 employees and 25 volunteers at Spur Community Foundation Inc.
Here are 9 key members and their salaries:
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- Compensation: $160,000
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- Other: $1,929
Official website here: www.spurfoundation.org
Where can I find the form 990 for Spur Community Foundation Inc?
Spur Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spurfoundation.org
Learn more at the official website: www.spurfoundation.org
Mission Statement of Spur Community Foundation Inc
Spur Community Foundation Inc, with a mission to inspire effective philanthropy in the Wood River Valley, strives to accomplish three crucial objectives. First and foremost, the organization aims to expand funding opportunities within the nonprofit sector. By doing so, it seeks to empower these organizations and enable them to make a more significant impact in their communities.
Secondly, Spur Community Foundation Inc is dedicated to fostering excellence and accountability among local nonprofits. This involves promoting best practices, providing resources, and setting high standards for organizations to adhere to. By doing so, the foundation aims to ensure that donors' funds are used efficiently and effectively, leading to better outcomes for the communities they serve.
Lastly, Spur Community Foundation Inc assists donors in managing their philanthropic efforts. This could involve helping individuals or families identify causes they are passionate about, providing guidance on how to make charitable donations, and supporting organizations that align with their values. In doing so, the foundation aims to make the giving process more accessible and rewarding for donors. In summary, Spur Community Foundation Inc is a catalyst for positive change in the Wood River Valley, inspiring effective philanthropy, expanding funding, fostering excellence, and supporting donors in their giving.
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Impact
July, 2024
Spur Community Foundation Inc's impact can be seen in its dedication to inspiring effective philanthropy for the Wood River Valley. By expanding funding to the Spur Community Foundation sector, fostering excellence and accountability among local organizations, and assisting donors with their giving, Spur Community Foundation Inc is making a tangible difference in supporting human services in the Ketchum, ID area. Through their grants from discretionary funds and donor-advised funds, they are positively impacting the community and helping to address critical needs.
This information is meant to be a general summary of Spur Community Foundation Inc. 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: $13,610
- Gross Receipts: $9,639,344
Assets and Liabilities:
- Total Assets: $3,902,906
- Total Liabilities: $9,480
- Net Assets: $3,893,426
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Organization Details
Founding Year
2016
Phone
(208) 450-2600Principal Officer
Carol Nie
Main Address
PO BOX 6184, KETCHUM, ID, 83340
Website
www.spurfoundation.orgNTEE Category
Code: P20 - Human services
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