The Community Foundation For Ocala Marion County Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 275098203 ✦ Ocala, FL ✦ Designated as a 501(c)(3)

Overview

What is The Community Foundation For Ocala Marion County Inc?

The Community Foundation For Ocala Marion County Inc is a locally-focused, tax-exempt nonprofit organization situated in Ocala, Florida. Established in 2011, its primary objective is to empower donors in strengthening their community by addressing various societal needs, one passion at a time. This is achieved through fund management services, which encompass the creation of personal funds for tax deductions, supporting nonprofit agencies in building endowment funds, and providing scholarships for students. Since its inception, the foundation has granted a significant sum of $6,252,479 to local nonprofits. As of 2022, the foundation manages a diverse range of funds, including agency, endowment, donor-advised, corporate-advised, scholarship, annuity, and pass-through funds, leading to a 23% increase in its assets under management compared to the previous year. The foundation's mission is to bridge the charitable interests of donors with the ultimate goal of building a stronger and more vibrant community in the Ocala-Marion County area.


Official website here: www.ocalafoundation.org

Is The Community Foundation For Ocala Marion County Inc legitimate?

The Community Foundation For Ocala Marion County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation For Ocala Marion County 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: $102,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $378,304

For more financial information, click here


Official website here: www.ocalafoundation.org

What is the mission statement of The Community Foundation For Ocala Marion County Inc?

The Community Foundation For Ocala Marion County Inc's mission is centered around connecting the charitable interests of donors to build a stronger community. By serving as a tax-exempt, nonprofit organization, it empowers donors to contribute to the betterment of their local area, one cause at a time. The foundation's main objective is to enhance the quality of life in the community through fund management. It accomplishes this by assisting individuals in creating funds for tax deductions, supporting nonprofit agencies in building permanent endowment funds, and providing scholarships for students. Since its inception in 2011, the foundation has granted a substantial amount of $6,252,479 to various local nonprofits. As of 2022, the foundation manages a diverse range of funds, including agency, endowment, donor-advised, corporate-advised, scholarship, annuity, and pass-through funds, leading to a 23% increase in funds under management compared to the previous year.


Official website here: www.ocalafoundation.org

Who is the CEO of The Community Foundation For Ocala Marion County Inc?

Lauren Deiorio is the Director of The Community Foundation For Ocala Marion County Inc.


Official website here: www.ocalafoundation.org

What is the revenue of The Community Foundation For Ocala Marion County Inc?

The Community Foundation For Ocala Marion County Inc's revenue in 2022 was $3,078,775.


Official website here: www.ocalafoundation.org

Who are the executives of The Community Foundation For Ocala Marion County Inc and what are their salaries?

The average compensation at The Community Foundation For Ocala Marion County Inc during 2022 was $48,105. There are 10 employees and 18 volunteers at The Community Foundation For Ocala Marion County Inc.

Here are 19 key members and their salaries:

    Lauren Deiorio (Executive Director)
  • Compensation: $99,750
  • Related: $0
  • Other: $2,993

    • Adam Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Marciano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chester Weber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Midgett (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Hennessey (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Hillebrandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Ulmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Fontaine (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Kurtz (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Stamm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Siboni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Batsel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rusty Branson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thad Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Ingram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Chambers (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ocalafoundation.org

    Where can I find the form 990 for The Community Foundation For Ocala Marion County Inc?

    The The Community Foundation For Ocala Marion County Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ocalafoundation.org

    Learn more at the official website: www.ocalafoundation.org

    Mission Statement of The Community Foundation For Ocala Marion County Inc

    The Community Foundation For Ocala Marion County Inc is dedicated to connecting the charitable interests of donors with the aim of building a stronger community. This mission is accomplished through fund management, where the foundation empowers donors to strengthen their local area one passion at a time. The foundation supports a variety of local nonprofits by providing grants and special projects, ranging from creating funds for tax deductions to building permanent endowment funds for nonprofit agencies. Since its inception in 2011, the foundation has granted a total of $6,252,479.00 to nonprofits in the area. As of the end of 2022, The Community Foundation For Ocala Marion County Inc was managing a diverse range of funds, including agency funds, endowment funds, donor-advised funds, corporate-advised funds, scholarship funds, an annuity fund, and pass-through funds, resulting in a 23% increase in funds under management from the previous year. This organization plays an essential role in connecting donors with the causes they care about, ultimately contributing to the betterment of the community.

    Impact

    This information is meant to be a general summary of The Community Foundation For Ocala Marion County Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of The Community Foundation For Ocala Marion County Inc is significant in strengthening the community by connecting the charitable interests of donors. Through fund management and support for various local organizations, the foundation has granted a total of $6,252,479.00 to date. The foundation manages a variety of funds, including agency funds, endowment funds, donor-advised funds, corporate-advised funds, scholarship funds, annuity funds, and pass-through funds. This comprehensive approach has resulted in a 23% increase in funds under management from the previous year. The Foundation's mission is centered on enhancing the quality of life in the local area, making a tangible impact on the community through philanthropy.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $141,963
  • Program Service Revenue: $167,046
  • Gross Receipts: $3,104,510

    • Assets and Liabilities:
  • Total Assets: $4,816,064
  • Total Liabilities: $2,704,089
  • Net Assets: $2,111,975
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DAF WORKSHOP

    Revenue

    $68,056

    PROGRAM SERVICE INCOME

    Revenue

    $60,405

    MANAGEMENT FEE REVENUE

    Revenue

    $35,435

    ADMINISTRATIVE FEE INC

    Revenue

    $3,150

    Organization Details

    Founding Year

    2011

    Principal Officer

    Lauren Deiorio

    Main Address

    324 SE 24TH ST, OCALA, FL, 344715362

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of The Community Foundation For Ocala Marion County Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.