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The Community Trust Foundation Inc

The Community Trust Foundation Inc

Cumberland, MD 21502
Tax ID68-0629840

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Amount

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About this organization

Revenue

$2,880,967

Expenses

$393,321

Website

ctfinc.org

Mission

To enhance the lives of all residents in Allegany and Garrett Counties in Maryland and Mineral County in West Virginia by working together with our donors to build community endowment, address needs through grantmaking, and provide leadership on community issues.

About

Community revitalization: support for arts, leadership development, education cultural appreciation and other projects.

Interesting data from their 2019 990 filing

The filing clearly states the mission of the non-profit as “To strengthen the region by working in partnership with donors and community groups to: build philanthropic resources, connect donors to organizations/programs they care about, make effective grants that impact”.

When outlining its functions, they were explained as: “To strengthen the region by working in partnership with donors and community groups to: build philanthropic resources, connect donors to organizations/programs they care about, make effective grants that impact”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as MD.
  • The filing records the non-profit's address for 2019 as 71 BALTIMORE STREET, CUMBERLAND, MD, 21502.
  • As of 2019, the non-profit's form reports a total of 3 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $2,487,646.
  • The compensation of the CEO of the organization is not based on an independent review and approval process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 22 independent voting members.
  • The organization was formed in 2006.
  • 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's financial statements were compiled or reviewed by an accountant.
  • The organization pays $46,025 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has grants to organizations.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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