Overview
What is The Community Foundation Of South Puget Sound?
The Community Foundation of South Puget Sound is a local nonprofit organization situated in Olympia, Washington. With a focus on enriching the region, it inspires philanthropic efforts from individuals, corporations, and nonprofit agencies. These contributions are channeled into various funds that support organizations working in sectors like education, culture, health, social development, and civic advancement. As the only local entity dedicated to building permanent charitable resources, the foundation aims to improve the overall health and wellbeing of communities in Thurston, Mason, and Lewis counties. The foundation's team and volunteers bring a deep understanding of the area's nonprofits and community issues, grantmaking expertise, and a commitment to effective philanthropy when advising donors.
Official website here: www.thecommunityfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 99%, Four-Star out of Four Star rating
The Community Foundation of South Puget Sound has achieved an outstanding score of 99%, which reflects its strong accountability and financial management practices. With a perfect score in the Accountability & Finance category, the organization demonstrates robust governance through an entirely independent board and comprehensive financial oversight. Their effective use of resources is evident with an impressive program expense ratio of 89.74%, indicating that a significant portion of their funds is directed towards their mission-related activities.
In addition to its financial acumen, the organization excels in fostering a positive culture and community engagement, earning a high score of 94 in this category. Feedback from constituents is overwhelmingly positive, with perfect scores in feedback collection and usage, showcasing their commitment to being responsive and adaptive to community needs. The foundation also exhibits strong equity strategies, with a score of 91, indicating its proactive approach to inclusivity and diversity.
However, there are some minor limitations in their equity data, as they scored slightly lower in that area. This suggests there may be room for improvement in how they collect, analyze, and report on equity-related metrics. Overall, The Community Foundation of South Puget Sound stands out for its transparency, strong financial health, and commitment to community engagement while recognizing the need for ongoing development in their equity practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Community Foundation Of South Puget Sound legitimate?
The Community Foundation Of South Puget Sound is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of South Puget Sound 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: $108,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,718
For more financial information, click here
Official website here: www.thecommunityfoundation.com
What is the mission statement of The Community Foundation Of South Puget Sound?
The Community Foundation of South Puget Sound's mission is to inspire philanthropic efforts that enrich their communities. They achieve this by encouraging contributions from individuals, corporations, and non-profit agencies to funds that support various organizations. These organizations promote educational, cultural, health, social, and civic development in the region. The foundation's activities are focused on making the South Puget Sound region a stronger and more vibrant community for all. As a place-based organization, they work in Thurston, Mason, and Lewis Counties, using their local knowledge, grantmaking expertise, and understanding of effective philanthropy to advise donors.
Official website here: www.thecommunityfoundation.com
Who is the CEO of The Community Foundation Of South Puget Sound?
Mindie Reule is the Chair of The Community Foundation Of South Puget Sound. The CEO's salary of The Community Foundation Of South Puget Sound is $108,000 and their total compensation is $108,000.
Official website here: www.thecommunityfoundation.com
What is the revenue of The Community Foundation Of South Puget Sound?
The Community Foundation Of South Puget Sound's revenue in 2022 was $3,947,638.
Official website here: www.thecommunityfoundation.com
Who are the executives of The Community Foundation Of South Puget Sound and what are their salaries?
The average compensation at The Community Foundation Of South Puget Sound during 2022 was $48,388. There are 7 employees and 56 volunteers at The Community Foundation Of South Puget Sound.
Here are 16 key members and their salaries (The Community Foundation Of South Puget Sound's CEO's salary is $108,000 and their total compensation is $108,000):
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Official website here: www.thecommunityfoundation.com
Where can I find the form 990 for The Community Foundation Of South Puget Sound?
The Community Foundation Of South Puget Sound's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecommunityfoundation.com
Learn more at the official website: www.thecommunityfoundation.com
Mission Statement of The Community Foundation Of South Puget Sound
The Community Foundation of South Puget Sound, in its mission, strives to inspire philanthropic efforts that enhance the wellbeing and vitality of their communities. This nonprofit organization serves as a catalyst, encouraging individuals, corporations, and nonprofit agencies to contribute to funds that support a diverse array of organizations. These organizations focus on educational, cultural, health, social, and civic development, thereby contributing to the overall improvement of the South Puget Sound region.
As the only local organization dedicated to building permanent charitable resources and inspiring philanthropic efforts, The Community Foundation of South Puget Sound demonstrates a strong commitment to the communities in Thurston, Mason, and Lewis Counties. The foundation's staff and volunteers draw upon their deep local knowledge of area nonprofits and community issues, grantmaking expertise, and an understanding of effective philanthropy to guide donors. By advising donors effectively, the foundation plays a crucial role in supporting organizations that contribute to the betterment of their communities, ultimately making the South Puget Sound region a stronger, more vibrant place for all.
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Impact
July, 2024
The impact of The Community Foundation Of South Puget Sound is significant in enriching the communities of Thurston, Mason, and Lewis counties. By inspiring philanthropic efforts and building permanent charitable resources, the foundation works to make the South Puget Sound region a stronger and more vibrant community for all. Through the support of individuals, corporations, and agencies, the foundation funds a wide range of organizations that promote educational, cultural, health, social, and civic development. With a focus on improving the health and well-being of the region, the foundation's staff and volunteers leverage their deep local knowledge and grantmaking expertise to effectively advise donors and allocate resources where they are most needed.
This information is meant to be a general summary of The Community Foundation Of South Puget Sound. 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: $1,148,347
- Program Service Revenue: $520,544
- Gross Receipts: $10,354,944
Assets and Liabilities:
- Total Assets: $34,682,709
- Total Liabilities: $6,897,153
- Net Assets: $27,785,556
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$520,544
Organization Details
Founding Year
1989
Phone
(360) 705-3340Principal Officer
Mindie Reule
Main Address
212 UNION AVE SE 102, OLYMPIA, WA, 98501
NTEE Category
Code: T31 - Philanthropy
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