Overview
What is Orcas Island Community Foundation?
Orcas Island Community Foundation is a philanthropic organization based in Eastsound, Washington. With a team of six dedicated individuals, their mission is to foster and uphold a better quality of life on Orcas Island. In 2022, they facilitated substantial grants and distributions totaling $2.7 million. This was achieved through two successful Give Orcas campaigns, which received contributions from 601 donors each, amounting to $374,000 and $234,000 in grants respectively. Besides these, additional grants were provided through donor-advised funds and nonprofit funds under their management. The foundation's primary goal is to enhance the community's wellbeing by supporting local nonprofit organizations.
Official website here: www.oicf.us/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%
The Orcas Island Community Foundation has achieved an exceptional Four-Star out of Four Star rating, reflecting its outstanding performance in accountability and finance. With a perfect score of 100% in these areas, the organization demonstrates exemplary governance and a commitment to transparency. Its board is comprised entirely of independent members, which is a significant strength in ensuring unbiased decision-making and oversight.
The foundation's financial metrics are equally impressive, showing a program expense ratio of 93.77%, indicating that the vast majority of its funds are directed toward its programs. Additionally, its fundraising efficiency is remarkable at just $0.01 spent to raise a dollar, and a working capital ratio of 6.56 years highlights strong fiscal health and sustainability.
Feedback mechanisms are robust, with perfect scores across the board for collection and usage, which suggests that the organization actively engages with community input to enhance its operations. Overall, the Orcas Island Community Foundation stands out as a model of effective nonprofit management, though potential donors may want to consider ongoing program specifics to align their contributions with personal values or community needs.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Orcas Island Community Foundation?
100% of 5 reviewers on Facebook recommend the Orcas Island Community Foundation. Here’s a summary of their insights:
People express a strong appreciation for the support the foundation provides to the community. Many note the positive impact it has had on local initiatives and programs, reflecting a genuine sense of gratitude for the organization's efforts to uplift and assist residents on Orcas Island.
Overall, the foundation seems to effectively fulfill its mission, building a positive reputation and fostering a spirit of community support. The consensus is that it plays a vital role in enhancing the livelihoods of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Orcas Island Community Foundation legitimate?
Orcas Island Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orcas Island 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: $144,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,065
For more financial information, click here
Official website here: www.oicf.us/
What is the mission statement of Orcas Island Community Foundation?
The Orcas Island Community Foundation's mission is centered around fostering philanthropy to enhance and preserve the quality of life. This mission is accomplished by providing grants and distributions, totaling $2.7 million in 2022. This includes community grant awards through successful Give Orcas campaigns, with 601 donors contributing to both the spring and holiday campaigns. The spring campaign raised $374,000 for 29 nonprofit proposals, while the holiday campaign garnered donations from 601 donors and provided $234,000 in grants to 24 proposals. Furthermore, additional grants are made through donor advised funds and nonprofit funds under their management.
Official website here: www.oicf.us/
Who is the CEO of Orcas Island Community Foundation?
Hilary Canty is the President of Orcas Island Community Foundation.
Official website here: www.oicf.us/
What is the revenue of Orcas Island Community Foundation?
Orcas Island Community Foundation's revenue in 2022 was $6,467,643.
Official website here: www.oicf.us/
Who are the executives of Orcas Island Community Foundation and what are their salaries?
The average compensation at Orcas Island Community Foundation during 2022 was $47,828. There are 6 employees and 34 volunteers at Orcas Island Community Foundation.
Here are 15 key members and their salaries:
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- Compensation: $131,402
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- Other: $13,498
Official website here: www.oicf.us/
Where can I find the form 990 for Orcas Island Community Foundation?
Orcas Island Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oicf.us/
Learn more at the official website: www.oicf.us/
Mission Statement of Orcas Island Community Foundation
The Orcas Island Community Foundation is committed to fostering philanthropy with the purpose of enhancing and preserving the quality of life on Orcas Island. This mission is accomplished through their grant-making activities, which played a significant role in 2022, facilitating over $2.7 million in grants and distributions. The foundation's philanthropic efforts were evident in their successful Give Orcas campaigns, where 601 donors contributed a combined total of $608,000 to support 53 nonprofit proposals. The spring campaign resulted in $374,000 in grants to 29 proposals, while the holiday campaign contributed $234,000 to 24 proposals. Furthermore, additional grants were distributed through donor-advised funds and nonprofit funds managed by the foundation. Overall, the Orcas Island Community Foundation's mission is to harness the power of philanthropy to improve the overall well-being of their community.
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Impact
July, 2024
The Orcas Island Community Foundation's impact is significant in fostering philanthropy to enhance and preserve the quality of life on Orcas Island. In 2022, the foundation facilitated $2.7 million in grants and distributions, supporting various initiatives through community grant awards. This included successful Give Orcas campaigns that engaged 601 donors, resulting in $374,000 contributed to 29 proposals during the spring campaign. Additionally, the holiday campaign saw donations from 601 donors, providing $234,000 in grants to 24 proposals. Apart from these campaigns, the foundation also made additional grants through donor-advised funds and funds under its management. This demonstrates the foundation's dedication to supporting and improving the community on Orcas Island.
This information is meant to be a general summary of Orcas Island 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: $295,994
- Gross Receipts: $15,332,905
Assets and Liabilities:
- Total Assets: $23,301,159
- Total Liabilities: $106,872
- Net Assets: $23,194,287
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Organization Details
Founding Year
1995
Phone
(360) 376-6423Principal Officer
Hilary Canty
Main Address
P O BOX 1496, EASTSOUND, WA, 98245
Website
www.oicf.us/NTEE Category
Code: T31 - Philanthropy
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