Community Foundation of Northwest Missouri
Community Foundation of Northwest Missouri
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About this organization
Mission
INCREASE POWER OF CHARITABLE GIVING TO TRANSFORM OUR REGION INTO AN ECONOMICALLY VIBRANT AREA
About
THE COMMUNITY FOUNDATION ADMINISTERS FUNDS INCLUDING GRANTS TO VARIOUS PUBLIC CHARITIES PRIMARILY IN NORTHWEST MISSOURI. DONOR ADVISED FUND: THIS FUND ALLOWS THE DONOR TO RECOMMEND HOW THEIR GIFT IS USED. THE COMMUNITY FOUNDATION VERIFIES THE DONOR'S RECOMMENDATIONS MEET ITS GRANT-MAKING POLICIES AND THE GRANTEE ORGANIZATION IS A QUALIFIED PUBLIC CHARITY OR GOVERNMENT ENTITY. GRANT AWARDS ARE ISSUED TO CHARITIES IN THE NAME OF THE FUND (OR ANONYMOUSLY IF THE DONOR PREFERS), AND CONTRIBUTIONS TO THE FUND QUALIFY FOR INCOME TAX DEDUCTION IN THE YEAR THEY ARE MADE. FIELD OF INTEREST FUND: THE DONOR INSTRUCTS THE COMMUNITY FOUNDATION TO USE THE AVAILABLE GRANT DOLLARS IN A PARTICULAR AREA OF INTEREST, SUCH AS EDUCATION, HEALTH, YOUTH, THE ENVIRONMENT AND SO FORTH, RATHER THAN RESTRICTING THE MONEY TO ONE ORGANIZATION. THIS FUND IS FLEXIBLE ENOUGH TO MEET CHANGING COMMUNITY NEEDS IN A SPECIFIC INTEREST AREA. DESIGNATED FUND: THE DONOR INSTRUCTS THE COMMUNITY FOUNDATION TO PAY AVAILABLE GRANT DOLLARS TO ONE OR MORE SPECIFIC NAMED CHARITABLE ORGANIZATIONS, USUALLY IN PERPETUITY. DONATIONS ARE THEN SENT IN THE DONOR'S NAME EACH YEAR. BECAUSE THE GIFT IS GIVEN THROUGH THE COMMUNITY FOUNDATION, THE ORGANIZATION ALSO RECEIVED SERVICES FOR PLANNED GIVING AND INVESTMENT. THE FOUNDATION MONITORS HOW DONATIONS ARE USED TO BE SURE A NEED ALWAYS EXISTS. SCHOLARSHIP FUND: THIS FUND ALLOWS DONORS TO INVEST IN THE COMMUNITY'S FUTURE AND HELP DESERVING STUDENTS ACHIEVE THEIR LIFETIME DREAMS. THESE FUNDS PROVIDE SUPPORT FOR INDIVIDUALS PURSUING A TRAINING OR EDUCATIONAL OPPORTUNITY. AS PART OF THE FUND, DONORS CAN SPECIFY CERTAIN ELIGIBILITY CRITERIA, SUCH AS THE SCHOOL(S) STUDENTS MUST GRADUATE FROM OR BE ADMITTED TO, INTENDED MAJOR, GPA, ACT SCORE OR FINANCIAL NEED. GRANTS MAY BE AWARDED TO THE INDIVIDUALS THEMSELVES, PROVIDED THE FOUNDATION DOES THE REQUIRED FOLLOW-UP, OR THE EDUCATIONAL INSTITUTION. ORGANIZATIONAL FUND: THIS FUND IS ESTABLISHED BY PUBLIC CHARITIES AND OFFERS THEM A SIMPLE AND EFFICIENT WAY TO BUILD ENDOWMENT AND CREATE SUSTAINABILITY. THE COMMUNITY FOUNDATION HELPS THE ORGANIZATION WITH PLANNING, INVESTING AND ADMINISTERING THE FUNDS, AS WELL AS DISTRIBUTES GRANT DOLLARS TO THE ORGANIZATION FOR GENERAL PURPOSES. UNRESTRICTED FUNDS: THE DONOR ALLOWS THE COMMUNITY FOUNDATION TO USE AVAILABLE GRANT DOLLARS FOR A BROAD RANGE OF COMMUNITY ISSUES. THIS ALLOWS THE FOUNDATION TO RESPOND TO CHANGING COMMUNITY NEEDS OVER TIME.
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “Through regional collaboration, increase the power of charitable giving and philanthropy to transform our region into an economically vibrant area.”.
When referring to its functions, they were specified as: “Increase power of charitable giving to transform our region into an economically vibrant area”.
- The non-profit has reported their operating state as MO, as required by law.
- As stated in the filing, the non-profit's address in 2020 was 1006 W ST MAARTENS DRIVE SUITE B, ST JOSEPH, MO, 64506.
- The non-profit's form reports a total of 6 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Does not have foreign activities.
- Is a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $219,731.
- The CEO's salary policy within the organization is established through a review process by an impartial entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 21 independent voting members.
- The organization was formed in 2009.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $236,977 in salary, compensation, and benefits to its employees.
- The organization pays $140,003 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.