Overview
What is Arizona Community Foundation?
The Arizona Community Foundation is a dynamic philanthropic organization based in Phoenix, Arizona. Each year, they grant and distribute millions of dollars to a variety of nonprofit organizations, government agencies, and educational institutions. Their grant focus areas include Arts, Culture and Humanities; Community and Economic Development; Education and Scholarships; Health and Human Services; Environment and Species Protection; Law, Justice and Public Safety; and Scientific Research. The foundation's mission is to lead, serve, and collaborate to mobilize enduring philanthropy for a better Arizona. With a team of 86 employees, the Arizona Community Foundation plays a crucial role in enhancing local and even national community needs by awarding grants.
Official website here: www.azfoundation.org
What are the reviews and ratings of this charity?
99% rating from Charity Navigator indicates that Arizona Community Foundation is highly effective and trustworthy. The organization received a Four-Star out of Four Star rating, reflecting its strong performance in accountability and finance, which scored 100%. Other areas such as culture and community also earned high marks at 94%, showcasing a commitment to stakeholder engagement and community impact.
The foundation demonstrates solid financial health with a program expense ratio of 91.13% and a remarkably low fundraising efficiency cost of $0.022. An independent board is comprised entirely of 30 members, ensuring unbiased oversight. The organization is transparent with its financial statements and policies, which are readily available on its website, signifying a commitment to accountability.
One notable strength is the foundation's investment in leadership development and its ability to adapt to significant external changes over the past year. However, while the organization shows a strong commitment to governance and financial management, ongoing investments in community engagement and adaptability will be essential to maintaining its high standards amidst evolving challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Arizona Community Foundation legitimate?
Arizona Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona 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: $1,158,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,545,556
For more financial information, click here
Official website here: www.azfoundation.org
What is the mission statement of Arizona Community Foundation?
The Arizona Community Foundation is dedicated to leading, serving, and collaborating to mobilize lasting philanthropy for a better Arizona. They award millions of dollars annually in grants and distributions to various sectors, including arts, community development, education, health and human services, environment, law and public safety, and scientific research. Although most grants focus on serving local needs, some may also be given nationally to benefit the country. The foundation's mission emphasizes its role in bringing together resources and partnerships to address community challenges and foster positive change.
Official website here: www.azfoundation.org
Who is the CEO of Arizona Community Foundation?
Anna Maria Chavez is the CEO of Arizona Community Foundation The CEO's salary of Arizona Community Foundation is $473,078 and their total compensation is $474,002.
Official website here: www.azfoundation.org
What is the revenue of Arizona Community Foundation?
Arizona Community Foundation's revenue in 2024 was $95,243,334.
Official website here: www.azfoundation.org
Who are the executives of Arizona Community Foundation and what are their salaries?
The average compensation at Arizona Community Foundation during 2024 was $95,110. There are 81 employees and 391 volunteers at Arizona Community Foundation.
Here are 48 key members and their salaries (Arizona Community Foundation's CEO's salary is $473,078 and their total compensation is $474,002):
- Compensation: $473,078
- Related: $0
- Other: $924
- Compensation: $374,901
- Related: $0
- Other: $29,610
- Compensation: $280,022
- Related: $0
- Other: $39,699
- Compensation: $279,037
- Related: $0
- Other: $30,728
- Compensation: $267,228
- Related: $0
- Other: $28,964
- Compensation: $224,805
- Related: $0
- Other: $23,310
- Compensation: $158,184
- Related: $0
- Other: $32,896
- Compensation: $171,460
- Related: $0
- Other: $17,028
- Compensation: $163,760
- Related: $0
- Other: $23,963
- Compensation: $155,575
- Related: $0
- Other: $29,311
- Compensation: $152,298
- Related: $0
- Other: $20,752
- Compensation: $134,000
- Related: $0
- Other: $16,786
- Compensation: $119,991
- Related: $0
- Other: $24,269
- Compensation: $124,439
- Related: $0
- Other: $7,898
- Compensation: $115,979
- Related: $0
- Other: $7,805
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Official website here: www.azfoundation.org
Where can I find the form 990 for Arizona Community Foundation?
Arizona Community Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.azfoundation.org
Learn more at the official website: www.azfoundation.org
Mission Statement of Arizona Community Foundation
Arizona Community Foundation is a leading organization that champions enduring philanthropy to foster a better Arizona. With a rich tradition of community foundations, this philanthropic entity awards millions of dollars annually in grants and distributions to a diverse range of nonprofit organizations, government agencies, and educational institutions.
The mission of Arizona Community Foundation is two-fold: to lead, serve, and collaborate. By leading, they mobilize enduring philanthropy, channeling resources to address critical community needs. Serving involves partnering with organizations and communities to identify and address local issues. Collaboration is key, as they work with various stakeholders to maximize impact and create lasting solutions.
Grants from Arizona Community Foundation span various focus areas, including arts, culture, and humanities; community and neighborhood development; education and scholarships; health and human services; environment and species protection; law, justice, and public safety; and scientific research. While most grants support local initiatives, some grants extend beyond Arizona's borders to improve our nation as a whole.
Arizona Community Foundation's grantmaking covers a wide spectrum of community needs. In the realm of arts, culture, and humanities, they foster creativity and enrich lives through funding. Community and neighborhood development grants help build strong, vibrant communities. Education grants empower students and expand educational opportunities. Health and human services grants enhance access to essential services. Environmental grants protect our natural world, while species protection grants safeguard endangered species. Grants in law, justice, and public safety ensure safety and justice for all, and scientific research grants fuel innovation and discovery.
By awarding grants in these various focus areas, Arizona Community Foundation contributes to a thriving Arizona, where communities are strong, individuals are supported, and the natural world is cherished.
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Impact
October, 2024
Arizona Community Foundation significantly impacts the state through its commitment to mobilizing enduring philanthropy that enhances the quality of life for residents. Each year, millions of dollars are distributed in grants to various organizations, government agencies, and educational institutions across Arizona. These grants support a diverse range of focus areas including arts and culture, community development, education, health services, environmental protection, public safety, and scientific research.
By addressing local community needs, Arizona Community Foundation plays a pivotal role in fostering growth and development in neighborhoods and increasing access to resources and opportunities for all Arizonans. The foundation's efforts extend beyond state lines as well, contributing to national initiatives aimed at overall betterment. Through collaboration and leadership, it helps cultivate a culture of philanthropy that strengthens communities and inspires generosity throughout Arizona.
This information is meant to be a general summary of Arizona 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: $18,920,104
- Program Service Revenue: $3,053,780
- Gross Receipts: $96,136,425
Assets and Liabilities:
- Total Assets: $1,066,072,012
- Total Liabilities: $180,491,725
- Net Assets: $885,580,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$3,053,780
Organization Details
Founding Year
1978
Principal Officer
Anna Maria Chavez
Website
www.azfoundation.orgNTEE Category
Code: T310 - Philanthropy
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