Overview
What is Grays Harbor Community Foundation?
Grays Harbor Community Foundation is a charitable organization situated in Hoquiam, Washington. With a mission to enhance the welfare of all communities in Grays Harbor County, they promote philanthropy and invest in endowment funds and contributions. The foundation aids donors in achieving their charitable objectives and ensures their gifts are utilized effectively. In 2022, they granted funds to 118 local nonprofit organizations and schools, totalling 210 awards, with grant amounts ranging from $1,000 to $100,000. Additionally, they provided 310 scholarships to students from Grays Harbor County, offering financial aid for undergraduate and vocational studies. In response to the pandemic, the foundation disbursed over $850,000 in emergency relief support for childcare programs, food assistance, and loss of funding revenue. The foundation employs a team of four dedicated individuals to carry out its mission.
Official website here: www.gh-cf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Stars
The Grays Harbor Community Foundation has achieved an impressive overall score of 95%, reflecting strong performance in accountability and finance. This score indicates a high level of transparency and effective financial management, which is essential for building trust with donors and stakeholders. The foundation's commitment to maintaining an independent board, with 100% of its members being independent, further enhances its credibility.
The organization demonstrates exceptional fiscal responsibility, with a program expense ratio of 96.92%, indicating that nearly all of its resources are directed towards its mission-related programs. Additionally, the foundation exhibits remarkable fundraising efficiency, maintaining a cost of only $0.01 to raise a dollar, which underscores its effective use of donor contributions. However, there is a noted absence of a whistleblower policy, which could be seen as a limitation in its governance practices.
Overall, the Grays Harbor Community Foundation stands out as a financially healthy and accountable nonprofit organization. Its strong oversight mechanisms and focus on transparency make it a reliable choice for donors seeking to support meaningful community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Grays Harbor Community Foundation legitimate?
Grays Harbor Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grays Harbor 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: $158,589
Professional Fundraising Fees: $0
Other Salaries and Wages: $207,599
For more financial information, click here
Official website here: www.gh-cf.org
What is the mission statement of Grays Harbor Community Foundation?
The Grays Harbor Community Foundation's mission is centered around enhancing the quality of life in various communities. They achieve this by promoting philanthropy at various giving levels, actively seeking endowment funds and contributions from a diverse array of donors. The foundation assists donors in achieving their charitable and financial objectives, offering services that simplify charitable giving. They also ensure responsible financial management and distribute earnings from investments based on community needs and donor intentions. Furthermore, the foundation advocates for good works in all the communities they serve.
Official website here: www.gh-cf.org
Who is the CEO of Grays Harbor Community Foundation?
Eric Potts is the Trustee of Grays Harbor Community Foundation.
Official website here: www.gh-cf.org
What is the revenue of Grays Harbor Community Foundation?
Grays Harbor Community Foundation's revenue in 2022 was $6,725,793.
Official website here: www.gh-cf.org
Who are the executives of Grays Harbor Community Foundation and what are their salaries?
The average compensation at Grays Harbor Community Foundation during 2022 was $91,547. There are 4 employees and 20 volunteers at Grays Harbor Community Foundation.
Here are 21 key members and their salaries:
- 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
- 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
- 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: $153,970
- Related: $0
- Other: $4,619
Official website here: www.gh-cf.org
Where can I find the form 990 for Grays Harbor Community Foundation?
Grays Harbor Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gh-cf.org
Learn more at the official website: www.gh-cf.org
Mission Statement of Grays Harbor Community Foundation
Grays Harbor Community Foundation is dedicated to enhancing the overall quality of life in all communities within Grays Harbor County, Washington. The organization achieves this mission by engaging in various activities. Firstly, it promotes philanthropy at various levels of giving, encouraging both individuals and organizations to contribute to charitable causes. Secondly, Grays Harbor Community Foundation actively seeks out permanent endowment funds and contributions from a wide array of donors, aiming to diversify its funding sources.
In addition to securing funding, the foundation offers services that make charitable giving straightforward, impactful, and fulfilling for its donors. This includes providing guidance and support to help donors achieve their philanthropic and financial objectives. The organization also takes responsibility for managing its finances responsibly and effectively, ensuring that investments yield earnings that can be distributed according to community needs and donor intentions. Ultimately, Grays Harbor Community Foundation distributes these earnings to support various community projects and initiatives, thereby contributing to the betterment of all communities it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Grays Harbor Community Foundation's impact is profound and far-reaching. Through its Community Grants Program, the Foundation awarded 210 grants to 118 local nonprofit organizations and school districts in 2022. These grants, ranging from $1,000 to $100,000, supported organizations in 12 out of the 13 communities in Grays Harbor County, enabling them to better achieve their missions. Additionally, the Foundation awarded 310 scholarships to students from Grays Harbor County or who graduated from a local high school, providing them with financial support for undergraduate and vocational studies.
In response to the challenges posed by the pandemic, the Foundation provided over $850,000 in emergency relief in 2022. This support targeted areas such as childcare programs, emergency and food assistance, and loss of funding revenue, demonstrating the Foundation's commitment to addressing critical needs in the community.
Overall, Grays Harbor Community Foundation is dedicated to improving the quality of life in all communities throughout Grays Harbor County. By promoting philanthropy, managing funds responsibly, and championing good works, the Foundation plays a vital role in enhancing the well-being of individuals and organizations in the region.
This information is meant to be a general summary of Grays Harbor 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: $3,071,411
- Gross Receipts: $7,090,594
Assets and Liabilities:
- Total Assets: $75,486,640
- Total Liabilities: $52,294
- Net Assets: $75,434,346
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Phone
(360) 532-1600Principal Officer
Eric Potts
Main Address
PO Box 615, Hoquiam, WA, 98550
Website
www.gh-cf.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of Grays Harbor Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.