Overview
What is Weld Community Foundation?
The Weld Community Foundation, located at 2425 35th Ave Ste 201, Greeley, CO, 80634, is a philanthropic organization with a mission to foster a community of givers. They manage various donor-advised funds, supporting numerous charities and nonprofits primarily in Colorado and specifically Weld County. Dedicated to building resources, the Weld Community Foundation develops partnerships and provides leadership to create lasting benefits for their communities, with a team of five dedicated individuals.
Official website here: www.weldcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
The Weld Community Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its high overall performance. The organization excels in both accountability and finance, scoring 97 in these categories. Its independent board is fully composed of independent members, underscoring strong governance practices, while the foundation maintains effective financial oversight with no reported material diversions of assets.
Strengths of the Weld Community Foundation include its impressive program expense ratio of 81.54%, indicating that a significant portion of its funding directly supports programs. Additionally, the foundation's fundraising efficiency is notable, with a minimal cost of $0.02 to raise each dollar, showcasing its ability to manage resources effectively. The organization also demonstrates an exceptional commitment to stakeholder engagement, with perfect scores in feedback collection and usage practices.
While the foundation exhibits numerous strengths, ongoing evaluation and adaptation to community needs remain essential for sustained impact. The high scores across various governance and financial metrics position the Weld Community Foundation as a model for best practices in the nonprofit sector, contributing to its positive reputation in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Weld Community Foundation legitimate?
Weld Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weld 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: $243,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,378
For more financial information, click here
Official website here: www.weldcommunityfoundation.org
What is the mission statement of Weld Community Foundation?
The Weld Community Foundation is committed to fostering philanthropy and building resources for communities. Through its mission, the foundation develops partnerships and provides leadership that will have long-lasting benefits. The organization administers a donor-advised fund program, which supports numerous nonprofits and charities, primarily in Colorado. These funds contribute significantly to various causes, enhancing the overall community well-being. By promoting philanthropy and investing in charitable initiatives, the Weld Community Foundation aims to make a meaningful impact on the lives of people in need.
Official website here: www.weldcommunityfoundation.org
What is the revenue of Weld Community Foundation?
Weld Community Foundation's revenue in 2024 was $7,508,529.
Official website here: www.weldcommunityfoundation.org
Who are the executives of Weld Community Foundation and what are their salaries?
The average compensation at Weld Community Foundation during 2024 was $84,247. There are 5 employees and 67 volunteers at Weld Community Foundation.
Here are 19 key members and their salaries:
- Compensation: $114,424
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- Other: $15,751
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Official website here: www.weldcommunityfoundation.org
Where can I find the form 990 for Weld Community Foundation?
Weld Community Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.weldcommunityfoundation.org
Learn more at the official website: www.weldcommunityfoundation.org
Mission Statement of Weld Community Foundation
The Weld Community Foundation, a dedicated philanthropic organization, is committed to fostering a community of givers who support charitable investments. In line with this mission, the Foundation promotes philanthropy, builds resources, and provides leadership that will bring about lasting benefits to communities.
The Weld Community Foundation administers a robust Donor Advised Fund program, consisting of multiple funds, which primarily support various nonprofits and charities in Colorado and specifically Weld County. By doing so, the Foundation plays a crucial role in strengthening the social fabric of the community through strategic giving and partnership building.
The organization's approach centers on the belief that collective giving and collaboration can lead to significant positive change. By pooling resources and expertise, the Foundation amplifies the impact of individual donors and creates a ripple effect in the community. In this way, the Weld Community Foundation not only supports the growth and sustainability of local nonprofits but also facilitates the development of future initiatives that address the evolving needs of the community.
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Impact
October, 2024
Weld Community Foundation significantly impacts the community by fostering a culture of philanthropy and charitable giving. Through its robust donor advised fund program, it channels support to various local charities and initiatives, primarily in Weld County, Colorado. By building resources and developing partnerships, the foundation enhances the capacity of local organizations to address community needs effectively.
The community benefits from the foundation's leadership in philanthropy, as it promotes strategic investments that yield lasting benefits. This commitment not only provides financial support to numerous causes but also encourages individuals and families to engage in charitable activities, thereby strengthening the social fabric of Weld County. As a central hub for charitable investments, Weld Community Foundation plays a critical role in ensuring that the community’s philanthropic efforts are coordinated and impactful.
This information is meant to be a general summary of Weld 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 2024.
- Investment Income: $1,525,208
- Program Service Revenue: $19,567
- Gross Receipts: $35,112,830
Assets and Liabilities:
- Total Assets: $53,162,863
- Total Liabilities: $2,558,936
- Net Assets: $50,603,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION FEES
Revenue
$19,567
Organization Details
Founding Year
1995
Principal Officer
Timothy Coons
NTEE Category
Code: T31 - Philanthropy
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