Overview
What is Kitsap Community Foundation?
Kitsap Community Foundation, located in Silverdale, Washington, serves as a catalyst for positive change in the community. This nonprofit organization aims to address complex issues, such as adverse childhood experiences, through initiatives like Kitsap Strong. They support various charitable organizations by providing funds, contributions, and other resources. The foundation also manages donor-advised funds and other charitable funds, aiming for a reasonable return with acceptable risk. Beyond financial support, Kitsap Community Foundation partners with donors and other entities to invest in local nonprofits, fostering a more vibrant Kitsap Peninsula for the benefit of all. Notably, they spearheaded the Kitsap Great Give campaign, raising over $1.5 million for over 300 charities. With a team of 10 dedicated individuals, this foundation plays a significant role in uplifting the community.
Official website here: www.kitsapfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Kitsap Community Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization's score is based entirely on its Accountability & Finance metrics, where it excelled with a perfect score in various categories, demonstrating robust governance and transparency practices.
The foundation boasts a fully independent board, consisting of 16 members, and has established comprehensive policies to ensure ethical management, including conflict of interest and whistleblower protections. Financially, the foundation shows impressive efficiency with a program expense ratio of nearly 95%, indicating that a significant portion of its funds is allocated directly to its programs.
While the organization has shown exceptional performance in financial oversight and governance, the summary does not indicate any specific user feedback or limitations regarding its operational effectiveness or community impact. Overall, Kitsap Community Foundation appears to be a well-managed nonprofit that prioritizes transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Kitsap Community Foundation legitimate?
Kitsap Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kitsap 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: $168,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,159
For more financial information, click here
Official website here: www.kitsapfoundation.org/
What is the mission statement of Kitsap Community Foundation?
The Kitsap Community Foundation serves as a catalyst for positive change, collaborating with donors and other entities to invest in the region's nonprofit organizations. Their goal is to foster a more vibrant community across Kitsap Peninsula, benefiting all its inhabitants. The foundation provides leadership to address complex issues, such as their Kitsap Strong program, which aims to alleviate adverse childhood experiences. They also aid, support, and assist various charitable organizations through donations and contributions. Additionally, the Kitsap Community Foundation operates the Kitsap Great Give campaign, which raised over $1.5 million for over 300 charities. Furthermore, they manage donor-advised funds and other charitable funds, ensuring a reasonable return with acceptable risk.
Official website here: www.kitsapfoundation.org/
Who is the CEO of Kitsap Community Foundation?
Naveen Chaudhary is the Chair of Kitsap Community Foundation. The CEO's salary of Kitsap Community Foundation is $25,200 and their total compensation is $25,200.
Official website here: www.kitsapfoundation.org/
What is the revenue of Kitsap Community Foundation?
Kitsap Community Foundation's revenue in 2022 was $2,876,356.
Official website here: www.kitsapfoundation.org/
Who are the executives of Kitsap Community Foundation and what are their salaries?
The average compensation at Kitsap Community Foundation during 2022 was $48,171. There are 10 employees and 66 volunteers at Kitsap Community Foundation.
Here are 18 key members and their salaries (Kitsap Community Foundation's CEO's salary is $25,200 and their total compensation is $25,200):
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- Compensation: $25,200
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- Compensation: $57,641
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- Other: $1,153
Official website here: www.kitsapfoundation.org/
Where can I find the form 990 for Kitsap Community Foundation?
Kitsap Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kitsapfoundation.org/
Learn more at the official website: www.kitsapfoundation.org/
Mission Statement of Kitsap Community Foundation
Kitsap Community Foundation serves as a catalyst for positive change in its community, partnering with donors and other entities to invest in local nonprofit organizations. The foundation's mission is to foster a more vibrant Kitsap Peninsula for the benefit of all. It achieves this by providing leadership to address complex issues, such as its Kitsap Strong program aimed at ameliorating adverse childhood experiences. The foundation also aids, supports, and assists charitable organizations through gifts, contributions, or other means. Additionally, Kitsap Community Foundation operated the Kitsap Great Give campaign, raising over $1.5 million for over 300 charities. Furthermore, the foundation manages donor-advised funds and other charitable funds, seeking a reasonable return with acceptable risk.
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Impact
July, 2024
Kitsap Community Foundation serves as a catalyst for the greater good in the Kitsap Peninsula region. Through partnerships with donors and other organizations, the foundation invests in local nonprofit organizations to create a more vibrant community for everyone. One of their impactful initiatives is the Kitsap Strong program, which focuses on addressing adverse childhood experiences. Additionally, they provide leadership to tackle complex issues and support charitable organizations through gifts and contributions.
Furthermore, Kitsap Community Foundation operated the Kitsap Great Give campaign, which successfully raised $1.5 million for over 300 charities. By investing donor-advised funds and other charitable resources, the foundation aims to generate a reasonable return with acceptable risk. Overall, Kitsap Community Foundation's impact extends across various sectors, contributing to the overall well-being and development of the Kitsap Peninsula community.
This information is meant to be a general summary of Kitsap 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: $115,365
- Program Service Revenue: $43,457
- Gross Receipts: $8,691,587
Assets and Liabilities:
- Total Assets: $12,990,870
- Total Liabilities: $2,363,602
- Net Assets: $10,627,268
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUND MGT FEES & OTHER FEES
Revenue
$43,457
Organization Details
Founding Year
1993
Phone
(360) 698-3622Principal Officer
Naveen Chaudhary
Main Address
PO BOX 3670, SILVERDALE, WA, 98383
Website
www.kitsapfoundation.org/NTEE Category
Code: T31 - Philanthropy
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