Overview
What is Pikes Peak Community Foundation?
The Pikes Peak Community Foundation is a Colorado Springs-based nonprofit organization with a mission to promote philanthropy in the Pikes Peak region. With a team of 14 dedicated individuals, they offer a diverse range of services to help community-minded people and businesses achieve their philanthropic goals. By creating and nurturing custom-designed funds and endowments, they distribute millions of dollars annually to support the community, both now and for future generations. Through hundreds of charitable funds, they serve as a long-term, strategic partner for individual and corporate fundholders, enhancing the quality of life in the Pikes Peak region.
Official website here: www.ppcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Pikes Peak Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. With a perfect score of 100 for financial oversight, the foundation demonstrates transparency and effective governance, as evidenced by its entirely independent board of 14 members and robust financial management practices.
The organization excels in program expense efficiency, with nearly 93% of its expenses directed towards programs, indicating a strong commitment to its mission. Additionally, its fundraising efficiency is notable, with minimal costs incurred relative to the funds raised. These factors contribute to the foundation's strong financial health, evident in its favorable liabilities to assets ratio and significant working capital.
While the overall performance is commendable, the organization could focus on enhancing its culture and community score, currently at 87. This score indicates room for improvement in fostering community relationships and promoting equity within its strategic initiatives. Nonetheless, the Pikes Peak Community Foundation stands out as a well-managed nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Pikes Peak Community Foundation legitimate?
Pikes Peak Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pikes Peak 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: $377,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $750,371
For more financial information, click here
Official website here: www.ppcf.org
What is the mission statement of Pikes Peak Community Foundation?
The Pikes Peak Community Foundation is dedicated to improving the quality of life in the community, both presently and for future generations. It achieves this mission by acting as a community endowment, assisting donors in addressing community needs, and providing philanthropic leadership. The foundation offers various services to help individuals and businesses achieve their philanthropic goals. It creates, nurtures, and deploys custom-designed funds and endowments to support the community long-term. The foundation distributes millions of dollars into the community annually through hundreds of charitable funds and serves as a strategic partner for individuals and corporations.
Official website here: www.ppcf.org
Who is the CEO of Pikes Peak Community Foundation?
Margaret Dolan is the Chairperson of Pikes Peak Community Foundation. The CEO's salary of Pikes Peak Community Foundation is $173,673 and their total compensation is $237,906.
Official website here: www.ppcf.org
What is the revenue of Pikes Peak Community Foundation?
Pikes Peak Community Foundation's revenue in 2022 was $17,269,704.
Official website here: www.ppcf.org
Who are the executives of Pikes Peak Community Foundation and what are their salaries?
The average compensation at Pikes Peak Community Foundation during 2022 was $80,597. There are 14 employees and 14 volunteers at Pikes Peak Community Foundation.
Here are 17 key members and their salaries (Pikes Peak Community Foundation's CEO's salary is $173,673 and their total compensation is $237,906):
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- Compensation: $173,673
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- Other: $64,233
- Compensation: $139,635
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- Other: $37,488
- Compensation: $151,791
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- Other: $53,231
Official website here: www.ppcf.org
Where can I find the form 990 for Pikes Peak Community Foundation?
Pikes Peak Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ppcf.org
Learn more at the official website: www.ppcf.org
Mission Statement of Pikes Peak Community Foundation
Pikes Peak Community Foundation, a community trust based in Colorado, aims to improve the quality of life in the Pikes Peak region for current and future generations. The foundation attains this mission by building a community endowment, helping donors address community needs, and providing philanthropic leadership.
In practice, Pikes Peak Community Foundation offers various services to help community-minded individuals and businesses achieve their philanthropic objectives. They create, nurture, and deploy custom-designed philanthropic funds and endowments to support the community both now and for generations to come. Through hundreds of charitable funds, the foundation distributes millions of dollars into the community each year, acting as a long-term, strategic partner for individual and corporate fundholders.
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Impact
October, 2024
Pikes Peak Community Foundation significantly enhances the quality of life in the Pikes Peak region by fostering philanthropy among individuals and businesses. Through the establishment and management of custom-designed philanthropic funds and endowments, it effectively channels millions of dollars into the community each year, addressing pressing needs and supporting various initiatives.
By creating long-term partnerships with donors, the foundation not only nurtures their philanthropic goals but also strategically aligns resources to maximize impact. Its efforts focus on building a community endowment that will benefit current and future generations, ensuring sustainable support for vital programs and services within the region. Ultimately, the foundation plays a crucial role in shaping a thriving community by being a dedicated leader in philanthropy and community development.
This information is meant to be a general summary of Pikes Peak 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: $666,348
- Program Service Revenue: $121,625
- Gross Receipts: $31,439,731
Assets and Liabilities:
- Total Assets: $78,878,552
- Total Liabilities: $6,618,668
- Net Assets: $72,259,884
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$75,405
MANAGEMENT FEES
Revenue
$46,220
Organization Details
Founding Year
1994
Phone
(719) 389-1251Principal Officer
Margaret Dolan
Main Address
315 E PIKES PEAK AVENUE SUITE 120, COLORADO SPRINGS, CO, 80903
Website
www.ppcf.orgNTEE Category
Code: T31 - Philanthropy
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