Overview
What is Santa Fe Community Foundation?
The Santa Fe Community Foundation is a New Mexico-based nonprofit organization that inspires philanthropic giving, strengthens local nonprofits, and fosters positive change within the region. With a vision of a thriving Northern New Mexico where everyone can find opportunities, build connections, and contribute to their communities, the foundation stewards fields of interest funds in areas such as health, education, civic and economic opportunity, environment, and arts. The foundation, which employs 28 individuals, offers a thoughtful community grants process and makes discretionary grants to 501(c)(3) organizations primarily providing programs in the counties of Mora, Rio Arriba, San Miguel, and Santa Fe.
Official website here: www.santafecf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Santa Fe Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. With a perfect score in accountability and finance, the organization demonstrates strong governance practices through its fully independent board and comprehensive oversight mechanisms. The foundation consistently meets high standards regarding financial reporting and transparency, which enhances its credibility among donors.
One of the key strengths highlighted in the rating is the foundation's commitment to efficient fund allocation, with 91.38% of its expenses directed toward programs. Its fundraising efficiency is also commendable, with a minimal cost of $0.022 to raise a dollar, reflecting effective fundraising strategies. Additionally, the organization maintains a solid working capital ratio of 5.67 years, suggesting it is well-positioned to sustain its operations and support its initiatives over the long term.
While the overall feedback is positive, the high ratings inherently limit the scope for noted limitations. However, potential donors or stakeholders might consider looking into the specific programs funded by the foundation to better understand its impact within the community. Overall, the Santa Fe Community Foundation appears to be a well-managed organization, dedicated to its mission and responsible in its financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Fe Community Foundation legitimate?
Santa Fe Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Fe 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: $709,765
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,095,418
For more financial information, click here
Official website here: www.santafecf.org
What is the mission statement of Santa Fe Community Foundation?
The Santa Fe Community Foundation encourages charitable giving and enhances the region's vitality by strengthening nonprofits and fostering positive change. Their ultimate goal is to build a thriving community where all people can discover opportunities, forge connections, and contribute to their communities' well-being. The foundation manages grants in various sectors, including health, education, civic and economic opportunity, environment, and arts, through a thoughtful and strategic approach. They are not only leaders in philanthropy but also advocates for purposeful giving in their communities. The foundation supports 501(c)(3) organizations primarily offering programs within the counties of Mora, Rio Arriba, San Miguel, and Santa Fe.
Official website here: www.santafecf.org
Who is the CEO of Santa Fe Community Foundation?
Christopher Goett is the CEO of Santa Fe Community Foundation The CEO's salary of Santa Fe Community Foundation is $221,838 and their total compensation is $245,945.
Official website here: www.santafecf.org
What is the revenue of Santa Fe Community Foundation?
Santa Fe Community Foundation's revenue in 2023 was $19,867,800.
Official website here: www.santafecf.org
Who are the executives of Santa Fe Community Foundation and what are their salaries?
The average compensation at Santa Fe Community Foundation during 2023 was $66,859. There are 27 employees and 141 volunteers at Santa Fe Community Foundation.
Here are 32 key members and their salaries (Santa Fe Community Foundation's CEO's salary is $221,838 and their total compensation is $245,945):
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- Compensation: $221,838
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- Other: $24,107
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- Compensation: $103,119
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- Other: $19,178
Official website here: www.santafecf.org
Where can I find the form 990 for Santa Fe Community Foundation?
Santa Fe Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.santafecf.org
Learn more at the official website: www.santafecf.org
Mission Statement of Santa Fe Community Foundation
The Santa Fe Community Foundation, a leading philanthropic organization, inspires generosity, strengthens nonprofits, and fosters positive change to build a more vibrant, healthy, and resilient region. By envisioning a thriving Northern New Mexico where all people can find opportunity, build connections, and contribute to their communities, the Foundation plays a pivotal role in strategic philanthropy and advocacy for purposeful giving.
This esteemed organization offers a thoughtful community grants process and manages fields of interest funds in the areas of Health, Education, Civic and Economic Opportunity, Environment, and Arts. In its mission to inspire philanthropic generosity, the Foundation supports 501(C)(3) organizations with primarily program-based initiatives within the counties of Mora, Rio Arriba, San Miguel, and Santa Fe. By providing funding and resources, the Foundation empowers these organizations to make a significant impact on their communities.
In its commitment to strengthening nonprofits, the Santa Fe Community Foundation goes beyond financial support. It advocates for various causes and collaborates with local organizations to address the needs of the region. By fostering partnerships and promoting meaningful change, the Foundation plays a crucial role in shaping a thriving and resilient community.
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Impact
October, 2024
Santa Fe Community Foundation inspires philanthropic generosity and fosters positive change, significantly contributing to a vibrant, healthy, and resilient region in northern New Mexico. Through a thoughtful community grants process, it empowers various sectors, including health, education, civic and economic opportunity, environmental initiatives, and the arts.
By managing diverse funding sources such as donor-advised, designated, scholarship, discretionary, and emergency funds, the foundation addresses immediate community needs while promoting long-term development. It acts as a leader in strategic philanthropy, advocating for purposeful giving that strengthens local organizations and initiatives.
The foundation envisions a thriving northern New Mexico where all residents can access opportunities, build meaningful connections, and enhance the well-being of their communities, reinforcing its commitment to cultivating an engaged and resilient populace.
This information is meant to be a general summary of Santa Fe 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 2023.
- Investment Income: $2,900,771
- Program Service Revenue: $103,506
- Gross Receipts: $61,207,365
Assets and Liabilities:
- Total Assets: $115,131,135
- Total Liabilities: $5,046,052
- Net Assets: $110,085,083
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUND MANAGEMENT FEES
Revenue
$46,226
DUES
Revenue
$35,000
PINON AWARDS
Revenue
$16,675
HUB FEES
Revenue
$4,605
FUND SET-UP FEE
Revenue
$1,000
Organization Details
Founding Year
1981
Principal Officer
Christopher Goett
Website
www.santafecf.orgNTEE Category
Code: T31 - Philanthropy
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