Overview
What is Bainbridge Community Foundation?
The Bainbridge Community Foundation, situated in Bainbridge Island, Washington, serves as a catalyst for charitable giving within its community. As a nonprofit organization, its primary mission is to inspire generosity and foster service, aiming to enhance and sustain local development. The foundation annually assesses local needs, administers an extensive grant program to support qualified nonprofits, educates the public about these needs to encourage increased community philanthropy, awards scholarships to graduating students, and raises funds for future giving initiatives. Performing in an advisory role, the foundation manages grants from its donor-advised funds and discretionary annual community grantmaking. With a dedicated workforce of six individuals, Bainbridge Community Foundation plays a significant role in uplifting its community.
Official website here: www.bainbridgecf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
The Bainbridge Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The foundation's score is based entirely on its accountability and finance metrics, which reflect excellent governance structures and financial practices. The foundation has independent board members who oversee operations, ensuring transparency and responsible management of resources.
Strengths highlighted in the data include a perfect score for its independent board composition, financial oversight, and robust policies regarding conflicts of interest and whistleblower protections. The foundation maintains a low liability-to-assets ratio and allocates a significant portion of its expenses (84.97%) directly towards programs, showcasing a strong dedication to its mission rather than administrative costs.
While the foundation demonstrates high financial efficiency with a fundraising cost of only $0.04 per dollar raised and a substantial working capital ratio of 7.83 years, continued attention to maintaining these standards will be crucial for sustaining its reputation and effectiveness in the community. Overall, Bainbridge Community Foundation stands out as a well-managed organization dedicated to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Bainbridge Community Foundation legitimate?
Bainbridge Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bainbridge 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: $146,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,217
For more financial information, click here
Official website here: www.bainbridgecf.org
What is the mission statement of Bainbridge Community Foundation?
The Bainbridge Community Foundation's mission, as stated, is to inspire giving and service with the aim of enhancing and sustaining the community. They achieve this by annually assessing local needs, administering an extensive grant program to provide funding to qualified nonprofits, educating the public about these needs to encourage greater community giving, offering scholarships to graduating students, and raising funds for current and future giving. The foundation performs an advisory role regarding grants made from its donor-advised funds and discretionary annual community grantmaking.
Official website here: www.bainbridgecf.org
Who is the CEO of Bainbridge Community Foundation?
James Hopper is the President of Bainbridge Community Foundation.
Official website here: www.bainbridgecf.org
What is the revenue of Bainbridge Community Foundation?
Bainbridge Community Foundation's revenue in 2022 was $2,553,615.
Official website here: www.bainbridgecf.org
Who are the executives of Bainbridge Community Foundation and what are their salaries?
The average compensation at Bainbridge Community Foundation during 2022 was $76,816. There are 6 employees and 67 volunteers at Bainbridge Community Foundation.
Here are 20 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: $135,593
- Related: $0
- Other: $11,087
Official website here: www.bainbridgecf.org
Where can I find the form 990 for Bainbridge Community Foundation?
Bainbridge Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bainbridgecf.org
Learn more at the official website: www.bainbridgecf.org
Mission Statement of Bainbridge Community Foundation
The Bainbridge Community Foundation, a distinguished organization, is committed to inspiring giving and service with the aim of enhancing and sustaining the community. In pursuit of this mission, the foundation takes an active role in assessing local needs, administering a comprehensive grant program to fund qualified nonprofits, and raising funds for current and future giving. By doing so, Bainbridge Community Foundation plays a pivotal role in addressing the community's needs and encouraging greater philanthropy within the area. Furthermore, the organization extends its support to graduating students by offering scholarships, further contributing to the community's growth and development. In addition to these initiatives, Bainbridge Community Foundation performs an advisory role regarding grants made from its donor-advised funds and discretionary annual community grantmaking, demonstrating its dedication to making a meaningful impact on the community.
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
Bainbridge Community Foundation plays a crucial role in assessing local needs, administering grants, educating the public, providing scholarships, and raising funds to support the community. Through its advisory role in grantmaking and commitment to inspiring giving and service, the foundation positively impacts Bainbridge Island by addressing vital needs, supporting local organizations, and fostering a culture of philanthropy.
This information is meant to be a general summary of Bainbridge 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: -$267,946
- Gross Receipts: $11,619,429
Assets and Liabilities:
- Total Assets: $23,341,571
- Total Liabilities: $224,115
- Net Assets: $23,117,456
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Phone
(206) 842-0433Principal Officer
James Hopper
Main Address
299 MADISON AVE N STE B, BAINBRIDGE ISLAND, WA, 98110
Website
www.bainbridgecf.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of Bainbridge 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.