Overview
What is Newtown Community Foundation?
The Newtown Community Foundation, established in Doylestown, Pennsylvania, is a dedicated nonprofit organization with a mission to improve the quality of life for locals within the Newtown area. By cultivating long-term assets, they aim to address a multitude of charitable needs within the community. Their initiatives encompass offering scholarships, grants, and contributions, all aimed at positively impacting the Newtown region's residents.
Official website here: www.newtowncf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Newtown Community Foundation has received a rating of 83%, which reflects a solid performance in terms of accountability and finance. This rating is primarily derived from a single beacon score, emphasizing the organization's responsible management of funds and resources. The foundation has demonstrated a commitment to transparency and financial integrity, which is crucial for maintaining donor trust and community support.
One of the key strengths of the foundation is its governance structure, boasting a fully independent board with eight members, ensuring unbiased oversight. The charity has no reported material diversion of assets and maintains a promising program expense ratio of 79.34%, indicating that a significant portion of its revenue is directed toward its programs and services. Additionally, the foundation's practices regarding documentation and board meeting minutes reflect well on its operational integrity.
However, it is worth noting that the Newtown Community Foundation lacks a whistleblower policy and document retention and destruction policy, which could be areas for improvement. While the organization performed well overall, enhancing these policies could further strengthen its governance framework and reassure stakeholders about its commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Newtown Community Foundation legitimate?
Newtown Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newtown 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:
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Official website here: www.newtowncf.org
What is the mission statement of Newtown Community Foundation?
The Newtown Community Foundation is committed to improving the lives of its community members by establishing enduring resources to cater to a diverse array of charitable requirements. Its mission is centered around enhancing the overall quality of life within the community. The foundation achieves this by developing long-term assets, thereby addressing a wide range of charitable needs. Some of its activities include offering scholarships, grants, and contributions. The foundation's primary goal is to uplift the community and contribute positively to its social fabric.
Official website here: www.newtowncf.org
Who is the CEO of Newtown Community Foundation?
Mandy Mundy is the Executive Director of Newtown Community Foundation.
Official website here: www.newtowncf.org
What is the revenue of Newtown Community Foundation?
Newtown Community Foundation's revenue in 2022 was $36,411.
Official website here: www.newtowncf.org
Who are the executives of Newtown Community Foundation and what are their salaries?
There 8 volunteers at Newtown Community Foundation.
Here are 9 key members and their salaries:
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Official website here: www.newtowncf.org
Where can I find the form 990 for Newtown Community Foundation?
Newtown Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newtowncf.org
Learn more at the official website: www.newtowncf.org
Mission Statement of Newtown Community Foundation
The Newtown Community Foundation, a nonprofit organization, is committed to improving the lives of residents in the Newtown region. Their mission lies in the development of long-term assets to address a broad spectrum of charitable needs within the community. By taking a proactive approach, they aim to enhance the overall quality of life for the people in their region. The foundation accomplishes this through various initiatives such as scholarships, grants, and contributions, thereby playing a significant role in meeting the community's philanthropic requirements.
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Impact
August, 2024
The Newtown Community Foundation's impact is felt through its efforts to enhance the quality of life for residents of the Newtown region. By developing long-term assets to meet a wide range of the community's charitable needs, the foundation provides vital support through programs such as scholarships, grants, and contributions. This commitment to serving the community contributes to building a stronger and more vibrant Newtown region.
This information is meant to be a general summary of Newtown 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: $11,027
- Gross Receipts: $36,411
Assets and Liabilities:
- Total Assets: $600,809
- Total Liabilities: $44,433
- Net Assets: $556,376
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Organization Details
Founding Year
2004
Phone
(215) 997-8566Principal Officer
Mandy Mundy
Main Address
PO Box 2073, Doylestown, PA, 18901
Website
www.newtowncf.orgNTEE Category
Code: P40 - Human services
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