Overview
What is Corcoran Community Foundation?
The Corcoran Community Foundation is a nonprofit organization that primarily focuses on providing funding for various community organizations. Their mission is centered around supporting the well-being and development of their community, as indicated by the description "FUNDING FOR COMMUNITY ORGANIZATION." While the provided information is limited, it suggests that this organization plays a crucial role in channeling resources towards community organizations to drive positive change.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
The Corcoran Community Foundation has received a low score primarily due to its poor performance in accountability and finance metrics. The foundation has no independent board members, which raises concerns about governance and oversight. Additionally, essential financial statements are missing, further contributing to the lack of transparency.
Strengths include a favorable liabilities to assets ratio, indicating financial stability. However, the organization faces significant challenges, such as the absence of crucial policies like conflict of interest and whistleblower protections. The lack of documentation, including board meeting minutes and the absence of a website link on their tax form, suggests deficiencies in operational practices.
Overall, the foundation's zero-star rating highlights serious shortcomings in governance and accountability, which potential donors should consider carefully when assessing its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Corcoran Community Foundation legitimate?
Corcoran Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corcoran 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:
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What is the mission statement of Corcoran Community Foundation?
The Corcoran Community Foundation's mission is focused on providing funding for community organizations. Their goal is to support these organizations in their efforts to enhance and improve the local community. The foundation does not provide a specific detailed mission statement, but their activity of funding community organizations implies a commitment to strengthening and uplifting their respective communities. It's important to note that information about the specific causes or areas of focus for the funded organizations was not provided.
Who is the CEO of Corcoran Community Foundation?
Mary Wadsworth is the Trustee of Corcoran Community Foundation.
What is the revenue of Corcoran Community Foundation?
Corcoran Community Foundation's revenue in 2022 was $582,417.
Who are the executives of Corcoran Community Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Where can I find the form 990 for Corcoran Community Foundation?
Corcoran Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corcoran Community Foundation
The Corcoran Community Foundation is dedicated to funding community organizations. Its mission revolves around providing financial support to various community initiatives, aiming to enhance and uplift the local community as a whole. The foundation serves as a vital resource, channeling funds to numerous organizations that work towards community betterment. However, the provided information does not provide specific details about the types of causes or communities the foundation focuses on, or the methods it employs to achieve its mission.
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Impact
July, 2024
The Corcoran Community Foundation's impact can be seen in its funding support for community organizations in Hanford, CA. Through its philanthropic efforts, the foundation plays a crucial role in supporting local initiatives that aim to improve the well-being and quality of life for residents in the community. By providing financial assistance to various projects and programs, the foundation contributes to the overall development and growth of the community, fostering positive change and creating a more vibrant and sustainable environment for all.
This information is meant to be a general summary of Corcoran 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: $256,326
- Gross Receipts: $582,417
Assets and Liabilities:
- Total Assets: $6,003,082
- Total Liabilities: $0
- Net Assets: $6,003,082
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Organization Details
Founding Year
1965
Phone
(559) 287-9398Principal Officer
Mary Wadsworth
Main Address
522 N REDINGTON ST, HANFORD, CA, 93230
NTEE Category
Code: T310 - Philanthropy
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