Overview
What is The Skagit Community Foundation?
The Skagit Community Foundation, located in Mount Vernon, Washington, is a dedicated nonprofit organization that aims to connect individuals with causes that resonate with them. In fiscal year 2022, they distributed over $1.1 million from their community and family funds to various nonprofits in Skagit County, as well as scholarships for local students. Their mission encompasses providing customized giving options, managing endowments, supporting the nonprofit sector through grants and trainings, and fostering civic engagement and leadership. By working collaboratively with generous donors, nonprofit partners, and community leaders, The Skagit Community Foundation strives to enhance the quality of life and create a brighter future for all residents of Skagit County, with a focus on areas such as basic human needs, youth development, the arts, animal welfare, and the environment.
Official website here: www.skagitcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Skagit Community Foundation has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 100%. The foundation demonstrates exceptional governance, with a fully independent board and robust financial practices, including a low liabilities to assets ratio and a high program expense ratio of 90.86%, indicating that the majority of its funds are allocated towards its programs.
In addition to its financial strengths, the foundation also scores highly in culture and community, achieving 95%. It excels in collecting and utilizing feedback from constituents, which showcases its commitment to transparency and community engagement. The feedback mechanisms are comprehensive, with perfect scores in collection, usage, and practices related to feedback.
However, while the foundation's equity strategies score is commendable at 93, it could improve its equity data collection, scoring 4 out of 7 in that area. Overall, The Skagit Community Foundation stands out as a well-managed organization dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Skagit Community Foundation legitimate?
The Skagit Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Skagit 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: $81,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,960
For more financial information, click here
Official website here: www.skagitcf.org
What is the mission statement of The Skagit Community Foundation?
The Skagit Community Foundation's mission is centered around fostering philanthropy within its community. It achieves this by connecting individuals with opportunities to make a meaningful impact. The foundation provides customized giving options and services for donors, manages funds and permanent endowments, supports the nonprofit sector through grants and trainings, and engages in civic leadership. By collaborating with generous donors, nonprofit partners, and community leaders, the Skagit Community Foundation works towards enhancing the quality of life and creating a brighter future for everyone.
In the fiscal year 2022, the Skagit Community Foundation granted over $1.1 million from its community and family funds to various nonprofits in Skagit County, as well as scholarships to colleges and universities for local students. These grants supported a wide range of community needs, including basic human needs and social services, youth development and educational programs, the arts, animal welfare, and environmental preservation.
Official website here: www.skagitcf.org
Who is the CEO of The Skagit Community Foundation?
Maddy Mackenzie is the Executive Director of The Skagit Community Foundation.
Official website here: www.skagitcf.org
What is the revenue of The Skagit Community Foundation?
The Skagit Community Foundation's revenue in 2022 was $896,437.
Official website here: www.skagitcf.org
Who are the executives of The Skagit Community Foundation and what are their salaries?
The average compensation at The Skagit Community Foundation during 2022 was $56,480. There are 2 employees and 48 volunteers at The Skagit Community Foundation.
Here are 13 key members and their salaries:
- Compensation: $75,000
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- Other: $6,000
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Official website here: www.skagitcf.org
Where can I find the form 990 for The Skagit Community Foundation?
The Skagit Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skagitcf.org
Learn more at the official website: www.skagitcf.org
Mission Statement of The Skagit Community Foundation
The Skagit Community Foundation, with a mission to connect people who care with causes that matter, plays a significant role in fostering philanthropy in the community. By providing customized giving options and services for donors, managing funds and permanent endowments, supporting the nonprofit sector through grants and trainings, and engaging in civic leadership, this organization aims to enhance the quality of life and create a brighter future for everyone in Skagit County. The foundation's mission is to serve as a bridge between individuals who wish to make a difference and the various causes that require support. By connecting people with opportunities, The Skagit Community Foundation contributes to the betterment of the community.
In the fiscal year 2022, The Skagit Community Foundation granted over $1,118,000 from its community and family funds to nonprofits in Skagit County, as well as scholarships to colleges and universities for Skagit County students. The grants supported a wide range of community needs, including basic human needs and social services, youth development and educational programs, the arts, animal welfare, and the environment. This diverse portfolio of grants reflects The Skagit Community Foundation's commitment to addressing the needs of the community in a comprehensive and holistic manner. By providing support to a variety of sectors, the foundation contributes to the overall well-being and progress of Skagit County.
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Impact
July, 2024
The Skagit Community Foundation's impact is significant in Skagit County. In fiscal year 2022, the foundation granted over $1,118,000 from its community and family funds to organizations in Skagit County, provided scholarships to colleges and universities for local students, and supported various community needs such as basic human services, youth development, the arts, animal welfare, and environmental initiatives. This has helped enhance the quality of life and create a brighter future for everyone in Skagit County.
This information is meant to be a general summary of The Skagit 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: $159,286
- Program Service Revenue: $66,802
- Gross Receipts: $2,984,383
Assets and Liabilities:
- Total Assets: $8,666,440
- Total Liabilities: $413,756
- Net Assets: $8,252,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHILANTHROPIC SERVICES
Revenue
$66,802
Organization Details
Founding Year
1993
Phone
(360) 419-3181Principal Officer
Maddy Mackenzie
Main Address
1220 MEMORIAL HWY C, MOUNT VERNON, WA, 98273
Website
www.skagitcf.orgNTEE Category
Code: T31 - Philanthropy
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