Overview
What is Idaho Community Foundation Inc?
Idaho Community Foundation Inc is a Boise-based nonprofit organization with a mission to enrich the quality of life throughout Idaho. They grant funds to over 130 local organizations, distributing nearly 1,500 individual grants in various sectors. These grants support general operations and specific projects, with significant funding dedicated to family homelessness and basic needs (over 450 grants), educational opportunities (over 470 grants), mental and physical health (over 150 grants), and arts and culture (160 grants). The remaining grants contribute to access to services, public projects, recreation, conservation, and the environment. The foundation offers various ways for donors to support their preferred causes and streamlines the grant process, providing financial assistance to nonprofit projects and initiatives in Idaho. Their team consists of 17 dedicated employees.
Official website here: www.idahocf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
The Idaho Community Foundation Inc has achieved a perfect score of 100%, reflecting exceptional standards in accountability and finance. This rating indicates that the organization has a strong financial health and governance structure, with an entirely independent board and effective oversight measures in place. Such high marks suggest that the foundation is trustworthy and operates with transparency.
Strengths of the organization include its high program expense ratio of 87.33%, demonstrating that a significant portion of its funding directly supports its programs. Additionally, the foundation has shown excellent fundraising efficiency, requiring only $0.04 to raise each dollar, which indicates effective use of resources. The organization's low liabilities to assets ratio of 0.11% further supports its solid financial standing.
While the foundation's ratings are outstanding, it is important for potential donors and stakeholders to remain aware of ongoing evaluations of program impact and community needs, as financial metrics alone do not capture the full scope of effectiveness. Overall, the Idaho Community Foundation Inc stands out as a financially responsible and well-governed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Idaho Community Foundation Inc?
100% of 12 reviewers on Facebook recommend the Idaho Community Foundation Inc. Here is a summary of their reviews:
Most users express a high level of appreciation for the organization, highlighting their engaging presentations and the positive impact of their initiatives. Reviewers have found the information shared to be inspiring and informative, showcasing the community-oriented work being done.
The overall sentiment reflects a strong support for the foundation, with people consistently recognizing its value and contribution to the community.
This AI summary has been generated from reviews found on Facebook.
Is Idaho Community Foundation Inc legitimate?
Idaho Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho 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: $462,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $870,144
For more financial information, click here
Official website here: www.idahocf.org
What is the mission statement of Idaho Community Foundation Inc?
The Idaho Community Foundation Inc strives to enhance the quality of life throughout Idaho by offering opportunities for donors to support their cherished causes, communities, and organizations permanently. The foundation simplifies the grant process, distributing financial support to various nonprofit initiatives and projects within the state. In the last year, over 130 organizations received grants, with nearly 1,500 individual grants awarded. These grants primarily focused on family homelessness and basic needs, educational opportunities, mental and physical health, and arts and culture, with the remaining grants supporting access to services, public projects, recreation, conservation, and the environment.
Official website here: www.idahocf.org
Who is the CEO of Idaho Community Foundation Inc?
Steve Burns is the President & Ceo of Idaho Community Foundation Inc. The CEO's salary of Idaho Community Foundation Inc is $191,667 and their total compensation is $199,379.
Official website here: www.idahocf.org
What is the revenue of Idaho Community Foundation Inc?
Idaho Community Foundation Inc's revenue in 2022 was $26,070,799.
Official website here: www.idahocf.org
Who are the executives of Idaho Community Foundation Inc and what are their salaries?
The average compensation at Idaho Community Foundation Inc during 2022 was $78,408. There are 17 employees and 100 volunteers at Idaho Community Foundation Inc.
Here are 23 key members and their salaries (Idaho Community Foundation Inc's CEO's salary is $191,667 and their total compensation is $199,379):
- Compensation: $191,667
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- Other: $7,712
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- Other: $28,163
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- Other: $8,527
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Official website here: www.idahocf.org
Where can I find the form 990 for Idaho Community Foundation Inc?
Idaho Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.idahocf.org
Learn more at the official website: www.idahocf.org
Mission Statement of Idaho Community Foundation Inc
Idaho Community Foundation Inc, a nonprofit organization, strives to enhance the overall quality of life throughout Idaho. By offering various opportunities for donors to support their cherished causes, community, or organizations permanently, the foundation provides a lasting impact. The organization streamlines the grant process, enabling it to offer financial assistance to nonprofit projects and initiatives within the state.
More than 130 organizations have been the recipients of these grants, with nearly 1,500 individual grants awarded. Among these, over 450 grants were earmarked for addressing family homelessness and basic needs, over 470 for educational opportunities, over 150 for mental and physical health, and 160 for arts and culture. The remaining grants were distributed for access to services, public projects, recreation, conservation, and the environment.
In essence, Idaho Community Foundation Inc serves as a bridge between generous donors and worthy causes, enabling their investments to create meaningful, long-term change throughout Idaho's diverse communities. Through its grant process, the organization supports a wide range of essential services and initiatives, ensuring that the entire state benefits from its philanthropic efforts.
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Impact
October, 2024
Idaho Community Foundation Inc significantly enhances the quality of life across Idaho through its extensive grant-making initiatives. By distributing nearly 1,500 grants to more than 130 organizations within the state, it addresses diverse needs such as family homelessness, education, mental and physical health, and arts and culture.
Over 450 grants specifically target family homelessness and basic needs, ensuring that vulnerable populations receive essential support. Educational opportunities benefit from over 470 grants, fostering learning and growth for individuals and communities. Additionally, the foundation supports mental and physical health through more than 150 grants, promoting well-being and access to necessary services. The importance of arts and culture is recognized through 160 grants, enriching the cultural fabric of Idaho.
Beyond these key areas, grant funding also extends to initiatives focused on public projects, recreation, conservation, and the environment, showcasing a comprehensive approach to community enrichment. By facilitating a streamlined grant process, Idaho Community Foundation Inc allows donors to contribute meaningfully, ensuring that their support has a lasting impact on cherished causes and organizations throughout the state.
This information is meant to be a general summary of Idaho 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: $5,724,159
- Gross Receipts: $30,352,143
Assets and Liabilities:
- Total Assets: $199,427,714
- Total Liabilities: $225,527
- Net Assets: $199,202,187
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Organization Details
Founding Year
1988
Phone
(208) 342-3535Principal Officer
Steve Burns
Main Address
210 WEST STATE STREET, BOISE, ID, 83702
Website
www.idahocf.orgNTEE Category
Code: T310 - Philanthropy
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