Overview
What is Community Foundation Of Snohomish County?
The Community Foundation of Snohomish County is a local nonprofit organization based in Everett, Washington. With a team of 15 dedicated individuals, they provide grants to various non-profit organizations in Snohomish County, supporting fields such as education, arts and culture, environment, health and wellness, and human services. Donors have the convenience of managing all their charitable giving in one place, allowing them to create charitable funds through various assets, either now or in the future through their estates. These funds may be permanently endowed or grant out the total balance over a specified period. Donors can recommend grant recipients, or the Foundation may award grants at its discretion. The Community Foundation aims to strengthen communities in Greater Everett and Snohomish County by building permanent charitable funds, connecting donors to causes they care about, making effective grants, and providing leadership to address community issues.
Official website here: www.cf-sc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Community Foundation of Snohomish County has achieved a perfect score of 100% from Charity Navigator, reflecting exceptional performance in accountability and finance. This rating highlights the organization's strong governance, with 100% of its board members being independent, and a well-structured oversight committee ensuring the integrity of its financial practices.
Financially, the foundation demonstrates impressive efficiency, with a program expense ratio of 94.04%, indicating that the vast majority of its resources are directed toward programs rather than administrative costs. Additionally, the foundation boasts a low liabilities to assets ratio of 6.69%, showcasing its solid financial health and stability.
The organization has also established comprehensive policies, including conflict of interest and whistleblower policies, underscoring its commitment to transparency and ethical management. No significant limitations were noted in the feedback, further solidifying the foundation's reputation as a reliable and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Snohomish County legitimate?
Community Foundation Of Snohomish County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Snohomish County 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: $291,193
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,000,306
For more financial information, click here
Official website here: www.cf-sc.org
What is the mission statement of Community Foundation Of Snohomish County?
The Community Foundation of Snohomish County works to enhance communities in greater Everett and Snohomish County. Its mission is threefold: building permanent charitable funds, linking donors with causes they care about, and distributing effective grants. The foundation supports various sectors, including education, arts and culture, environment, health and wellness, and human services. Donors can give various assets and establish funds that may be endowed indefinitely or distributed over a specified period. Grant recipients may be selected by the donors or determined by the foundation.
Official website here: www.cf-sc.org
Who is the CEO of Community Foundation Of Snohomish County?
Karri Matau is the CEO of Community Foundation Of Snohomish County The CEO's salary of Community Foundation Of Snohomish County is $170,053 and their total compensation is $170,053.
Official website here: www.cf-sc.org
What is the revenue of Community Foundation Of Snohomish County?
Community Foundation Of Snohomish County's revenue in 2023 was $10,222,977.
Official website here: www.cf-sc.org
Who are the executives of Community Foundation Of Snohomish County and what are their salaries?
The average compensation at Community Foundation Of Snohomish County during 2023 was $41,661. There are 31 employees and 40 volunteers at Community Foundation Of Snohomish County.
Here are 19 key members and their salaries (Community Foundation Of Snohomish County's CEO's salary is $170,053 and their total compensation is $170,053):
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- Compensation: $136,906
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Official website here: www.cf-sc.org
Where can I find the form 990 for Community Foundation Of Snohomish County?
Community Foundation Of Snohomish County's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cf-sc.org
Learn more at the official website: www.cf-sc.org
Mission Statement of Community Foundation Of Snohomish County
The Community Foundation of Snohomish County is a charitable organization dedicated to enhancing the communities of greater Everett and Snohomish County. With a mission to build permanent funds, connect donors to causes they care about, make effective grants, and provide leadership, the Foundation aims to create lasting impacts.
By establishing charitable funds, the Community Foundation of Snohomish County enables donors to support various sectors within their community. These sectors include education, arts and culture, environment, health and wellness, and human services. Donors can choose to permanently endow their funds or grant out the total balance over a specified period. The flexibility in giving options empowers donors to make a difference both now and in the future.
The Community Foundation of Snohomish County plays a pivotal role in grantmaking by distributing funds to non-profit organizations within Snohomish County. Donors can recommend recipients for these grants, or they can allow the Foundation to make grant awards at its discretion. In essence, the Community Foundation of Snohomish County serves as a bridge between donors and the causes they care deeply about, fostering a stronger, more vibrant community for all.
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Impact
October, 2024
The Community Foundation of Snohomish County profoundly impacts the greater Everett and Snohomish County areas by strengthening communities through strategic philanthropy. By providing grants to local nonprofit organizations, the foundation supports critical sectors such as education, arts and culture, environment, health and wellness, and human services.
Through its comprehensive approach, the foundation enables donors to engage in charitable giving conveniently, allowing them to contribute a variety of assets to create lasting charitable funds. These contributions can be directed for immediate impact or permanently endowed for future generations. By facilitating connections between donors and causes they care about, the foundation not only empowers individual charitable initiatives but also fosters a collaborative spirit within the community.
With its leadership in addressing community issues, the foundation plays a vital role in enhancing the quality of life for residents, ensuring that essential services and cultural opportunities continue to flourish in the region.
This information is meant to be a general summary of Community Foundation Of Snohomish County. 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 2023.
- Investment Income: $1,255,318
- Program Service Revenue: $482,949
- Gross Receipts: $11,107,206
Assets and Liabilities:
- Total Assets: $55,431,105
- Total Liabilities: $3,713,489
- Net Assets: $51,717,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$412,879
RENTAL INCOME
Revenue
$65,770
ADMINISTRATIVE FEES
Revenue
$4,300
Organization Details
Founding Year
1993
Principal Officer
Karri Matau
Website
www.cf-sc.orgNTEE Category
Code: T31 - Philanthropy
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