Overview
What is Benton Community Foundation?
The Benton Community Foundation is a nonprofit organization situated in Corvallis, Oregon. With a modest workforce of six individuals, their primary mission is to uplift their community through philanthropic efforts. They support a variety of charitable activities, organizations, and facilities, with approximately 119 programs benefiting from their contributions. While specifics about larger grants are detailed elsewhere, the foundation is committed to enhancing their community's well-being. Their philanthropic endeavors extend beyond monetary support, aiming to contribute positively to the community's overall development.
Official website here: www.bcfgives.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The Benton Community Foundation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This high rating is solely based on a single beacon score, showing the foundation's effective management and financial practices, which are crucial for donor confidence.
Key strengths of the organization include a fully independent board, robust financial oversight, and an excellent track record in financial management metrics. For instance, the foundation boasts a 100% independent board, no reported material diversion of assets, and a very low liabilities to assets ratio, all indicative of sound governance and operational integrity.
While the program expense ratio is slightly below ideal, at 65.87%, the foundation maintains effective fundraising efficiency, ensuring that a significant portion of donations is utilized effectively. Overall, the Benton Community Foundation demonstrates a strong financial health and operational transparency, making it a reliable choice for donors looking to support community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Benton Community Foundation legitimate?
Benton Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benton 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: $121,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,395
For more financial information, click here
Official website here: www.bcfgives.org
What is the mission statement of Benton Community Foundation?
The Benton Community Foundation's mission is centered around enhancing its community through philanthropy. By engaging in this mission, the foundation aims to support various charitable activities, organizations, and facilities within its scope. Approximately 119 programs benefit from their efforts. Detailed information about larger grants is provided in a separate schedule.
Official website here: www.bcfgives.org
Who is the CEO of Benton Community Foundation?
Chris Quaka is the Principal Officer of Benton Community Foundation. The CEO's salary of Benton Community Foundation is $121,586 and their total compensation is $121,586.
Official website here: www.bcfgives.org
What is the revenue of Benton Community Foundation?
Benton Community Foundation's revenue in 2022 was $3,953,490.
Official website here: www.bcfgives.org
Who are the executives of Benton Community Foundation and what are their salaries?
The average compensation at Benton Community Foundation during 2022 was $60,830. There are 6 employees and 75 volunteers at Benton Community Foundation.
Here are 13 key members and their salaries (Benton Community Foundation's CEO's salary is $121,586 and their total compensation is $121,586):
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- Compensation: $121,586
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Official website here: www.bcfgives.org
Where can I find the form 990 for Benton Community Foundation?
Benton Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bcfgives.org
Learn more at the official website: www.bcfgives.org
Mission Statement of Benton Community Foundation
Benton Community Foundation, as stated in its mission, is dedicated to enhancing their community through philanthropy. By engaging in philanthropic activities, the foundation aims to support various charitable organizations, facilities, and programs. Their mission encompasses serving approximately 119 programs, with larger grants being detailed further in Schedule I, Part II. In essence, Benton Community Foundation plays a crucial role in contributing to the betterment of their community by channeling resources towards deserving charitable initiatives.
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Impact
July, 2024
Benton Community Foundation enhances the community through philanthropy by supporting charitable activities, organizations, and facilities in Corvallis, Oregon. They serve approximately 119 programs and provide larger grants which are detailed in their reports. Their impact can be seen in the support and resources they provide to various initiatives that benefit the community and promote positive change.
This information is meant to be a general summary of Benton 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: $526,598
- Gross Receipts: $4,622,938
Assets and Liabilities:
- Total Assets: $30,122,190
- Total Liabilities: $3,432,453
- Net Assets: $26,689,737
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Organization Details
Founding Year
1953
Phone
(541) 753-1603Principal Officer
Chris Quaka
Main Address
PO BOX 911, CORVALLIS, OR, 97339
Website
www.bcfgives.orgNTEE Category
Code: T31 - Philanthropy
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