Overview
What is Nevada Community Foundation Inc?
The Nevada Community Foundation Inc, based in Las Vegas, Nevada, primarily focuses on providing financial support to charities and charitable causes within Nevada or for the benefit of Nevada residents. The organization plays a crucial role in addressing community issues by convening charities, creating and publishing educational materials, offering consulting assistance, and engaging in public education initiatives to raise charitable giving. With a mission to match donor philanthropic interests with community needs, the Nevada Community Foundation, comprising a team of eight employees, contributes significantly to supporting charitable causes in Nevada.
Official website here: www.nevadacf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
Nevada Community Foundation Inc has achieved a high rating of 95% from Charity Navigator, indicating strong performance in accountability and finance. The organization boasts 100% independent board members and effectively adheres to policies regarding conflict of interest, whistleblower protections, and document retention. Its strong oversight practices are further reflected in the absence of any material diversion of assets.
While the foundation demonstrates commendable transparency in disclosing board and staff members and posting its tax forms online, it falls short in making its audit available on its website. The program expense ratio stands at 67.09%, which is relatively high, indicating a significant portion of funds is directed toward its mission. However, the fundraising efficiency ratio is lower at $0.022, suggesting potential areas for improvement in fundraising efficacy.
Overall, the Nevada Community Foundation Inc shows commitment to ethical practices and financial integrity, though there is room for enhancement in their fundraising strategies and audit visibility.
This AI summary has been generated from information found on Charity Navigator.
Is Nevada Community Foundation Inc legitimate?
Nevada Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nevada 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: $351,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,374
For more financial information, click here
Official website here: www.nevadacf.org
What is the mission statement of Nevada Community Foundation Inc?
The Nevada Community Foundation is committed to administering and dispersing grants exclusively for charitable purposes, primarily in Nevada or for the benefit of its residents. The organization supports the resolution of community issues and works to match donor philanthropic interests with the diverse needs of the community. The foundation's primary program expenses consist of direct financial support to charities and charitable causes. Additionally, it convenes charities to discuss various community issues, creates and publishes educational materials and resources, offers consulting assistance to charities, and engages in public education initiatives aimed at raising overall charitable giving in Nevada.
Official website here: www.nevadacf.org
Who is the CEO of Nevada Community Foundation Inc?
Gian Brosco is the President An of Nevada Community Foundation Inc.
Official website here: www.nevadacf.org
What is the revenue of Nevada Community Foundation Inc?
Nevada Community Foundation Inc's revenue in 2022 was $23,282,106.
Official website here: www.nevadacf.org
Who are the executives of Nevada Community Foundation Inc and what are their salaries?
The average compensation at Nevada Community Foundation Inc during 2022 was $81,060. There are 8 employees and 8 volunteers at Nevada Community Foundation Inc.
Here are 11 key members and their salaries:
- Compensation: $263,514
- Related: $0
- Other: $53,539
- Compensation: $102,980
- Related: $0
- Other: $30,034
- Compensation: $54,812
- Related: $0
- Other: $1,558
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nevadacf.org
Where can I find the form 990 for Nevada Community Foundation Inc?
Nevada Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nevadacf.org
Learn more at the official website: www.nevadacf.org
Mission Statement of Nevada Community Foundation Inc
Nevada Community Foundation Inc is a charitable organization dedicated to receiving and administering funds primarily for the benefit of Nevadan residents or Nevada-based causes. The Foundation's main objective is to address community issues and match donor philanthropic interests with various needs in the community.
In practice, the Nevada Community Foundation supports charities and charitable causes through direct financial contributions. They also engage in various other program expenditures, such as convening charities to discuss different community concerns, creating and publishing educational and resource materials, offering technical and organizational consulting assistance, and undertaking public education initiatives aimed at increasing charitable giving across Nevada. By doing so, the Nevada Community Foundation plays a significant role in strengthening the nonprofit sector in the state.
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Impact
October, 2024
Nevada Community Foundation Inc plays a significant role in enhancing the quality of life for residents of Nevada through its focused philanthropic efforts. By receiving and administering funds, it provides crucial financial support to various charitable organizations, addressing diverse community needs and challenges.
The foundation's impact extends beyond financial contributions; it also convenes charities to collaboratively tackle pressing issues within the community. This collaborative effort cultivates a network of resources and ideas that can lead to innovative solutions for local challenges. Furthermore, the foundation invests in creating and disseminating educational materials and providing technical assistance to enhance the operations of charities throughout Nevada.
Through dedicated public education initiatives, the foundation raises awareness about the importance of charitable giving and inspires broader participation in philanthropic activities. This comprehensive approach not only matches donor interests with community needs but also fosters a culture of giving that ensures sustainable support for vital services across the state. Overall, Nevada Community Foundation Inc serves as a catalyst for positive change, reinforcing the fabric of the community for residents in Nevada.
This information is meant to be a general summary of Nevada 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: $2,784,415
- Program Service Revenue: $60,150
- Gross Receipts: $23,284,114
Assets and Liabilities:
- Total Assets: $244,409,532
- Total Liabilities: $22,434,314
- Net Assets: $221,975,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE REVENUE
Revenue
$60,150
Organization Details
Founding Year
1988
Phone
(702) 892-2326Principal Officer
Gian Brosco
Main Address
1980 FESTIVAL PLAZA STE 300, LAS VEGAS, NV, 89135
Website
www.nevadacf.orgNTEE Category
Code: T31Z - Philanthropy
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