Overview
What is Scranton Area Foundation Inc?
The Scranton Area Foundation Inc, situated in Scranton, Pennsylvania, serves as a significant community resource in Northeastern Pennsylvania. Established by and for the region's people, its primary mission is to enhance the quality of life there by managing permanent endowment funds, supporting the community's evolving needs and opportunities, providing a charitable platform for individuals, non-profit organizations, and the community, and mobilizing community leadership in response to issues. In 2022, it added 24 new funds, bringing the total to 308, and distributed over $6 million in grants and scholarships to various organizations. The foundation also manages two private foundations and leads several community initiatives, such as NEPA Thrives, NEPA Moves, Women in Philanthropy, NEPA Animal Welfare Collaborative, and NEPA Gives, each aimed at addressing unique challenges in the region.
Official website here: www.safdn.org
Is Scranton Area Foundation Inc legitimate?
Scranton Area Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scranton Area Foundation Inc 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.
Here are some key statistics you may want to consider:
Executive Compensation: $179,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $498,238
For more financial information, click here
Official website here: www.safdn.org
What is the mission statement of Scranton Area Foundation Inc?
The Scranton Area Foundation's mission is to enhance the quality of life in a specific region by serving as a steward, grantmaker, charitable resource, and catalyst. As a steward, it manages permanent endowment funds. Acting as a grantmaker, it supports the community in addressing emerging and changing needs and opportunities. In its role as a charitable resource, it encourages and educates donors, providing a flexible platform for individual donors, non-profit organizations, and the community at large. As a catalyst, it mobilizes community leadership to respond to issues. The foundation was created by and for the people of this region to assist donors in building and sustaining their community while carrying out their charitable intentions.
Official website here: www.safdn.org
Who is the CEO of Scranton Area Foundation Inc?
Laura Ducceschi is the Chair of Scranton Area Foundation Inc. The CEO's salary of Scranton Area Foundation Inc is $167,930 and their total compensation is $194,209.
Official website here: www.safdn.org
What is the revenue of Scranton Area Foundation Inc?
Who are the executives of Scranton Area Foundation Inc and what are their salaries?
The average compensation at Scranton Area Foundation Inc during 2022 was $52,127. There are 13 employees at Scranton Area Foundation Inc.
Here are 18 key members and their salaries (Scranton Area Foundation Inc's CEO's salary is $167,930 and their total compensation is $194,209):
- Laura Ducceschi (President & Ceo)
- Barbara O'Hara Esq (Chair) [Trustee/Director]
- Ellen Burkey (Vice Chair) [Trustee/Director]
- David Price (Treasurer) [Trustee/Director]
- Katie Gilmartin (Secretary) [Trustee/Director]
- Donna Barbetti (Director)
- Dr Patricia Fox (Director)
- James F Clemente Cpa Mt (Director)
- Christopher Dimattio (Director)
- Thomas Donohue (Director)
- Alan Hughes (Director)
- Bill Joyce (Director)
- Jerome Musheno Rph Esq (Director)
- Dr Lia Richards-Palmiter (Director)
- Maryla Scranton (Director)
- Dr Thomas Minora Md (Director)
- Kenneth Okrepkie (Director)
- Bobby Lynett (Director)
Official website here: www.safdn.org
Where can I find the form 990 for Scranton Area Foundation Inc?
The Scranton Area Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.safdn.org
Learn more at the official website: www.safdn.org
Mission Statement of Scranton Area Foundation Inc
Scranton Area Foundation, a charitable resource established by and for the people of northeastern Pennsylvania, is committed to enhancing the quality of life in the region. The foundation accomplishes this mission through various roles. Firstly, as a steward, it develops and manages permanent endowment funds, providing a sustainable source of support for the community. Secondly, acting as a grantmaker, Scranton Area Foundation offers financial assistance to enable the community to respond to emerging and changing needs and opportunities. This proactive approach ensures that the foundation remains relevant and effective in addressing the evolving needs of northeastern Pennsylvania.
In addition to its role as a steward and grantmaker, Scranton Area Foundation also serves as an educator and catalyst. It encourages and educates donors, helping them to understand the importance of charitable giving and providing a flexible vehicle for individual donors, non-profit organizations, and the community at large. Furthermore, the foundation mobilizes community leadership in response to issues, acting as a catalyst for positive change. By taking on these multiple roles, Scranton Area Foundation aims to assist donors in building and sustaining their community while carrying out their charitable intent.
Impact
This information is meant to be a general summary of Scranton Area Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Scranton Area Foundation Inc's impact is significant and far-reaching in Northeastern Pennsylvania. Through its various initiatives and grants, the foundation plays a crucial role in enhancing the quality of life in the region. In 2022 alone, the foundation distributed over $6 million in grants to charitable organizations and nearly $1 million in scholarships to 236 area students. Additionally, it managed over 300 funds, including both non-endowed and endowed funds.
The foundation also manages two private foundations, the NEPA Health Care Foundation and the Robert H. Spitz Foundation, which distribute grants to organizations working on important issues such as addressing the nursing shortage, breaking the cycle of poverty, promoting animal welfare, and supporting veterans' programs.
Scranton Area Foundation Inc leads various community initiatives like NEPA Thrives, NEPA Moves, Women in Philanthropy, NEPA Animal Welfare Collaborative, and NEPA Gives. These initiatives focus on areas such as workforce development, transportation, women and children's issues, animal welfare, and charitable giving. The foundation's efforts in these areas help bring about positive changes and address critical needs in the region.
Additionally, the foundation's Center for Community Leadership and Excellence provides crucial support to Scranton Area Foundation Inc organizations by offering funding, training, and technical assistance to help them maximize their impact and achieve their missions. Through its commitment to diversity, equity, and inclusion, Scranton Area Foundation Inc is actively working to create a more inclusive and equitable community for all residents in Northeastern Pennsylvania.
Overall, Scranton Area Foundation Inc's impact is felt across various sectors in the region, making a lasting difference in the lives of individuals, families, organizations, and communities.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1954
Phone
(570) 347-6203
Principal Officer
Laura Ducceschi
Main Address
615 JEFFERSON AVENUE SUITE 102, SCRANTON, PA, 18510
Website
www.safdn.org
NTEE Category
Code: T310 - Philanthropy
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