Overview
What is Western Colorado Community Foundation Inc?
The Western Colorado Community Foundation Inc, based in Grand Junction, Colorado, serves as a hub for charitable giving in the region. With a team of 13 dedicated individuals, they accept donations and manage charitable funds that contribute to the betterment of the Western Colorado community. Their primary focus is on promoting charitable activities, grantmaking, scholarships, and providing various resources to benefit local residents.
Official website here: www.wc-cf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Western Colorado Community Foundation Inc has achieved an impressive 97% rating from Charity Navigator, indicating a strong performance in accountability and finance. This high score reflects the organization’s commitment to transparency and ethical governance, including a fully independent board and no material diversion of assets. The foundation also excels in financial management, evidenced by a low liabilities-to-assets ratio and high program expense ratio, which suggests that a significant portion of funds is directed towards its programs.
In addition to its financial strengths, the foundation has demonstrated a robust culture and community engagement, scoring a perfect 100% in this area. This includes effective practices for collecting and utilizing feedback from stakeholders, which speaks to the organization’s responsiveness and dedication to improving its services. Their comprehensive policies, including those for conflict of interest and whistleblower protections, further enhance their credibility.
While the foundation has shown exemplary practices and financial health, there are no specific limitations noted in the available data. Overall, the Western Colorado Community Foundation Inc proves to be a reliable organization that effectively manages its resources while engaging positively with its community.
This AI summary has been generated from information found on Charity Navigator.
Is Western Colorado Community Foundation Inc legitimate?
Western Colorado Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Colorado 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: $193,754
Professional Fundraising Fees: $0
Other Salaries and Wages: $586,579
For more financial information, click here
Official website here: www.wc-cf.org
What is the mission statement of Western Colorado Community Foundation Inc?
The Western Colorado Community Foundation works towards promoting charitable giving in benefit of local residents and communities. Their mission encompasses building and managing charitable funds for the betterment of the community, as well as granting scholarships and distributing resources. The foundation is dedicated to enhancing the lives of people in Western Colorado through charitable giving and community support. By administering donations and providing essential resources, the Western Colorado Community Foundation aims to make a positive impact on the community.
Official website here: www.wc-cf.org
Who is the CEO of Western Colorado Community Foundation Inc?
Anne Wenzel is the Chair of Western Colorado Community Foundation Inc. The CEO's salary of Western Colorado Community Foundation Inc is $127,138 and their total compensation is $187,582.
Official website here: www.wc-cf.org
What is the revenue of Western Colorado Community Foundation Inc?
Western Colorado Community Foundation Inc's revenue in 2022 was $57,197,510.
Official website here: www.wc-cf.org
Who are the executives of Western Colorado Community Foundation Inc and what are their salaries?
The average compensation at Western Colorado Community Foundation Inc during 2022 was $60,026. There are 13 employees and 101 volunteers at Western Colorado Community Foundation Inc.
Here are 19 key members and their salaries (Western Colorado Community Foundation Inc's CEO's salary is $127,138 and their total compensation is $187,582):
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- Compensation: $127,138
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- Other: $60,444
Official website here: www.wc-cf.org
Where can I find the form 990 for Western Colorado Community Foundation Inc?
Western Colorado Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wc-cf.org
Learn more at the official website: www.wc-cf.org
Mission Statement of Western Colorado Community Foundation Inc
Western Colorado Community Foundation, a charitable organization, is dedicated to the promotion of giving and the betterment of communities in Western Colorado. With a mission to build and manage charitable funds for community good, the Foundation serves as a vital connector between donors and various causes.
In practice, Western Colorado Community Foundation receives and administers donations, establishing funds to support diverse community initiatives. By providing grants, scholarships, and other resources, the organization aims to make a lasting impact on the lives of Western Colorado residents.
Through its charitable endeavors, the Foundation seeks to foster sustainable growth and development within local communities. By disbursing resources to a range of organizations and projects, it addresses the unique needs and challenges of the region. In doing so, Western Colorado Community Foundation strengthens the social fabric of the area and contributes to the overall wellbeing of its population.
In summary, Western Colorado Community Foundation empowers donors to make a difference in their communities by managing charitable funds and strategically distributing grants, scholarships, and resources. Its mission is rooted in the belief that collective philanthropic efforts can create meaningful, lasting change in the lives of individuals and communities in Western Colorado.
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Impact
October, 2024
Western Colorado Community Foundation Inc significantly enhances the quality of life for residents across Western Colorado by promoting charitable giving and managing resources for community benefit. Through its efforts, the foundation receives donations that are strategically distributed to address local needs, thereby fostering economic development, educational opportunities, and community well-being.
By providing grants and scholarships, the foundation supports a wide range of initiatives, empowering individuals and organizations to create positive change. These financial resources enable community programs to thrive, ensuring that vital services, educational advancements, and other essential support systems are accessible to those in need.
Ultimately, the work of Western Colorado Community Foundation Inc cultivates a culture of philanthropy, strengthens community ties, and enriches the overall fabric of society in the region, creating a lasting impact on the lives of countless individuals and families in Western Colorado.
This information is meant to be a general summary of Western Colorado 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: $43,444,367
- Gross Receipts: $70,582,919
Assets and Liabilities:
- Total Assets: $151,229,607
- Total Liabilities: $5,507,448
- Net Assets: $145,722,159
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Organization Details
Founding Year
1996
Phone
(970) 243-3767Principal Officer
Anne Wenzel
Main Address
PO BOX 4334, GRAND JUNCTION, CO, 81502
Website
www.wc-cf.orgNTEE Category
Code: T31 - Philanthropy
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