Overview
What is Montgomery County Foundation Inc?
Montgomery County Foundation Inc is a community-driven organization based in Blue Bell, Pennsylvania. Their primary mission is to collect and distribute funds to address various community needs, such as education, health, human services, and cultural groups serving residents of Montgomery County. They assist donors in establishing permanent endowment funds and accept donations of all sizes to address local issues. The foundation acts as a catalyst for community solutions by convening individuals, agencies, and groups to strengthen communities and address pressing needs. They provide educational programs for nonprofit staff and board members to enhance their capacity, fund local research projects, and support civic engagement opportunities for adults 60+. Most recently, they have completed a research project to develop a 10-year plan for arts and culture in Montgomery County, which is currently in implementation phase with over 100 volunteers involved. The foundation also works to improve the system for assisting the homeless or those at risk of becoming homeless. They support the nonprofit community through grants and educational programs.
Official website here: www.mcfoundationinc.org
Is Montgomery County Foundation Inc legitimate?
Montgomery County Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery County 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: $166,287
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mcfoundationinc.org
What is the mission statement of Montgomery County Foundation Inc?
The Montgomery County Foundation Inc's mission is centered around managing funds received from various sources for charitable purposes, primarily aimed at addressing local needs. The foundation serves as a catalyst for community solutions by bringing together individuals, agencies, and groups to strengthen communities and address pressing issues. It provides educational programs to enhance the capacity of non-profit organizations, funds local research projects, and supports civic engagement opportunities for adults. Recently, it has initiated projects like Creative Montco, a 10-year plan for arts and culture, and a collaborative effort to improve the system for assisting the homeless. The foundation also offers monthly educational programs for non-profit staff and boards at no cost, providing them with valuable information on topics like fundraising, accounting, and cyber security. Its primary goal is to build strong communities and assist those most in need through philanthropic contributions.
Official website here: www.mcfoundationinc.org
Who is the CEO of Montgomery County Foundation Inc?
Virginia Frantz is the President And Ceo of Montgomery County Foundation Inc. The CEO's salary of Montgomery County Foundation Inc is $131,013 and their total compensation is $170,800.
Official website here: www.mcfoundationinc.org
What is the revenue of Montgomery County Foundation Inc?
Montgomery County Foundation Inc's revenue in 2022 was $845,541.
Official website here: www.mcfoundationinc.org
Who are the executives of Montgomery County Foundation Inc and what are their salaries?
The average compensation at Montgomery County Foundation Inc during 2022 was $55,429. There are 3 employees at Montgomery County Foundation Inc.
Here are 11 key members and their salaries (Montgomery County Foundation Inc's CEO's salary is $131,013 and their total compensation is $170,800):
- Virginia Frantz (President And Ceo) [Trustee/Director]
- Cindy Diccianni Rn Chfc Csa Cltc (Chairperson) [Trustee/Director]
- Dr Thurman D Booker (Secretary) [Trustee/Director]
- William L Landsburg Esq (Board Member) [Trustee/Director]
- Sheila D Stith Csa (Board Member) [Trustee/Director]
- Harvey Strauss Esq (Board Member) [Trustee/Director]
- Dr A Kirk Field (Board Member) [Trustee/Director]
- Catherine M Harper Esq (Board Member) [Trustee/Director]
- Gerald E Gorski (Vice Chairperson) [Trustee/Director]
- Marsha B Bolden Esq (Board Member) [Trustee/Director]
- John Rule Esq (Board Member) [Trustee/Director]
Official website here: www.mcfoundationinc.org
Where can I find the form 990 for Montgomery County Foundation Inc?
The Montgomery County Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mcfoundationinc.org
Learn more at the official website: www.mcfoundationinc.org
Mission Statement of Montgomery County Foundation Inc
Montgomery County Foundation Inc, as a community-controlled organization, is dedicated to collecting and distributing funds for charitable purposes, primarily aimed at meeting local needs. This nonprofit entity plays a catalytic role in strengthening communities by convening individuals, agencies, and groups to address various issues. By providing educational programs for non-profit staff and board members, the organization enhances their capacity to tackle organizational and financial challenges.
Montgomery County Foundation Inc also engages in research projects in collaboration with other funders to identify community needs. The results of these research projects often lead to the initiation of projects designed to address these needs. One such project is the Human Services Resource Directory, now known as www.211SEPA.org. This project, which includes a call center, was developed and implemented by the foundation to provide current information to those in need of services.
Additionally, the foundation provides opportunities for civic engagement for adults 60+ through a grant-funded program. This program offers volunteer opportunities with local non-profits, allowing individuals to use their skills to make a positive impact in their community. Recently, Montgomery County Foundation Inc has been involved in a research project to develop a 10-year plan for arts and culture in Montgomery County. This project, known as Creative Montco, has garnered significant community support and is currently in the implementation phase.
In partnership with foundations, non-profit housing agencies, county government, and others, Montgomery County Foundation Inc is also working to overhaul the system that assists individuals who are homeless or at risk of becoming homeless. This new system aims to provide successful solutions to these issues more quickly and permanently. The foundation supports the non-profit community through grants and other means, offering monthly educational programs for non-profit staff and boards at no cost. These programs provide valuable information on various topics, including fundraising, accounting, and cyber security. The foundation also assists donors in achieving their philanthropic goals by providing education about issues, non-profits, and the best options for making a difference in the community.
Impact
This information is meant to be a general summary of Montgomery County Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Montgomery County Foundation Inc plays a crucial role in supporting a wide range of community needs in Montgomery County. By collecting and distributing funds to assist in areas such as education, health, human services, and cultural groups, the Foundation directly impacts the lives of residents in the county. Additionally, the Foundation serves as a catalyst for community solutions by convening various stakeholders to address pressing issues and strengthen local communities. Through programs that enhance the capacity of nonprofits, funding local research projects, and supporting civic engagement opportunities for adults, the Foundation actively works towards building a stronger and more resilient community. The Foundation's collaborative efforts with individuals, government, foundations, and corporations have resulted in impactful projects like the 10-year plan for arts and culture in Montgomery County and the initiative to address homelessness through systemic change. Overall, the Foundation's dedication to addressing local needs and fostering philanthropy plays a vital role in building a more caring and supportive community in Montgomery County.
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
2001
Phone
(484) 532-7387
Principal Officer
Virginia Frantz
Main Address
4 SENTRY PARKWAY 302, BLUE BELL, PA, 19422
Website
www.mcfoundationinc.org
NTEE Category
Code: W12 - Public benefit
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