Overview
What is Alamance Community Foundation?
The Alamance Community Foundation is a charitable organization committed to enhancing Alamance County for current and future generations. Based in Burlington, North Carolina, they manage 30 donor-advised funds and 19 scholarship funds, empowering local residents to achieve their charitable objectives. In 2022, they disbursed 219 grants and scholarships totalling $678,822.83, supporting various community service organizations, including faith-based, health and human service, educational, and others. The foundation's mission is to strengthen the community by fostering collaborative giving, and they aim to create an inclusive, caring, and vibrant community. With a staff of three individuals, the Alamance Community Foundation serves as a vital philanthropic resource for the region.
Official website here: www.alamancecommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The Alamance Community Foundation has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score is solely based on their accountability and finance metrics, where they excelled with a score of 97%. This strong performance reflects the organization’s commitment to transparency and responsible financial management.
Key strengths include a fully independent board, with 100% of its members meeting independence criteria. The foundation has implemented robust financial oversight practices, including a thorough audit process and policies that ensure no material diversion of assets occurs. Their efficient fundraising practices and a high program expense ratio demonstrate a focus on maximizing the impact of donations received.
While the data highlights numerous strengths, it does not mention any specific limitations or concerns regarding the foundation's operations. Overall, the Alamance Community Foundation appears to be a well-managed organization committed to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Alamance Community Foundation legitimate?
Alamance Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alamance 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: $107,967
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,933
For more financial information, click here
Official website here: www.alamancecommunityfoundation.org
What is the mission statement of Alamance Community Foundation?
The Alamance Community Foundation, a charitable organization, is committed to enhancing Alamance County for current and future generations through philanthropy. With a vision of an inclusive, caring, and vibrant community, the foundation facilitates giving that improves lives, maintains permanent endowment funds, and collaborates with donors to address community issues and opportunities. The organization's mission, in simpler terms, is to strengthen Alamance County through inspired and collaborative giving. The Alamance Community Foundation manages various donor-advised and scholarship funds, enabling local residents to achieve their charitable goals. In 2022, the foundation disbursed 219 grants and scholarships totaling over $678,000 to support faith-based, health and human service, educational, and other community service organizations.
Official website here: www.alamancecommunityfoundation.org
Who is the CEO of Alamance Community Foundation?
Gavin Stevens is the Chair of Alamance Community Foundation.
Official website here: www.alamancecommunityfoundation.org
What is the revenue of Alamance Community Foundation?
Alamance Community Foundation's revenue in 2022 was $2,369,564.
Official website here: www.alamancecommunityfoundation.org
Who are the executives of Alamance Community Foundation and what are their salaries?
The average compensation at Alamance Community Foundation during 2022 was $42,967. There are 3 employees and 45 volunteers at Alamance Community Foundation.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $97,605
- Related: $0
- Other: $10,362
Official website here: www.alamancecommunityfoundation.org
Where can I find the form 990 for Alamance Community Foundation?
Alamance Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alamancecommunityfoundation.org
Learn more at the official website: www.alamancecommunityfoundation.org
Mission Statement of Alamance Community Foundation
The Alamance Community Foundation, a charitable organization, is dedicated to strengthening its community for both current and future generations. Its mission, in essence, is to foster an inclusive, caring, and vibrant community through inspired and collaborative giving. The foundation facilitates philanthropy, maintaining permanent endowment funds and partnering with donors to shape effective responses to community issues and opportunities. By doing so, the Alamance Community Foundation contributes to improving lives within its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Alamance Community Foundation's impact can be seen in the way it strengthens Alamance County for present and future generations through inspired and collaborative giving. By facilitating giving that improves lives in the community, maintaining permanent endowment funds, and partnering with donors to address community issues and opportunities, the foundation plays a vital role in creating an inclusive, caring, and vibrant community. Through managing donor-advised and scholarship funds, the foundation enables residents of Alamance County to achieve their individual charitable goals. In 2022, 219 grants and scholarships totaling $678,822.83 were disbursed to support faith-based, health and human service, educational, and other community service organizations, making a significant impact on the community.
This information is meant to be a general summary of Alamance 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: $567,600
- Program Service Revenue: $200,720
- Gross Receipts: $2,374,042
Assets and Liabilities:
- Total Assets: $19,209,403
- Total Liabilities: $5,358,753
- Net Assets: $13,850,650
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE REV
Revenue
$200,720
Organization Details
Founding Year
2017
Phone
(336) 790-6627Principal Officer
Gavin Stevens
Main Address
POST OFFICE BOX 726, BURLINGTON, NC, 27216
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Alamance 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.