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Community Foundation Of Anne Arundel Co

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

EIN: 522098698 ✦ Annapolis, MD ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation Of Anne Arundel Co?

The Community Foundation of Anne Arundel Co is a nonprofit organization situated in Annapolis, Maryland, specifically at 900 Bestgate Road STE 400, with a staff of 11 individuals. Their primary mission is to promote philanthropy within Anne Arundel County. They achieve this by identifying critical community needs, collaborating with donors to help them meet their charitable goals, and fostering collaboration between local nonprofits to strengthen their impact. The foundation also manages a pool of charitable assets, which it distributes to support various local charitable organizations, thereby encouraging charitable giving.


Official website here: www.cfaac.org

Is Community Foundation Of Anne Arundel Co legitimate?

Community Foundation Of Anne Arundel Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Anne Arundel Co 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: $165,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,562

For more financial information, click here


Official website here: www.cfaac.org

What is the mission statement of Community Foundation Of Anne Arundel Co?

The Community Foundation of Anne Arundel Co's mission is centered around assembling and managing a pool of charitable assets. This endeavor serves two primary purposes: supporting local charitable organizations and advocating for charitable giving. By fostering philanthropy, the foundation aims to identify critical needs within the community. It also partners with donors, assisting them in achieving their philanthropic goals. Furthermore, the foundation encourages collaboration among local nonprofits, aiming to strengthen their collective impact.


Official website here: www.cfaac.org

Who is the CEO of Community Foundation Of Anne Arundel Co?

Mary Spencer is the President Ceo of Community Foundation Of Anne Arundel Co. The CEO's salary of Community Foundation Of Anne Arundel Co is $159,808 and their total compensation is $165,939.


Official website here: www.cfaac.org

What is the revenue of Community Foundation Of Anne Arundel Co?

Community Foundation Of Anne Arundel Co's revenue in 2022 was $6,555,142.


Official website here: www.cfaac.org

Who are the executives of Community Foundation Of Anne Arundel Co and what are their salaries?

The average compensation at Community Foundation Of Anne Arundel Co during 2022 was $46,136. There are 11 employees at Community Foundation Of Anne Arundel Co.

Here are 22 key members and their salaries (Community Foundation Of Anne Arundel Co's CEO's salary is $159,808 and their total compensation is $165,939):

    Mary Spencer (President Ceo)
  • Compensation: $159,808
  • Related: $0
  • Other: $6,131

    • Jim Humphrey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Clark (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Whaley (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Tate (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Grace Folwell (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Caldwell (Assist Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Beegle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Coryse Brathwaite (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Gutschick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Hamel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Irving (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Burrows (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Magnolia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mitchell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vincent Moulden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Pratt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Rosso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Serini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Van Woerkom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Weissman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Lehr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfaac.org

    Where can I find the form 990 for Community Foundation Of Anne Arundel Co?

    The Community Foundation Of Anne Arundel Co’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cfaac.org

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

    Mission Statement of Community Foundation Of Anne Arundel Co

    The Community Foundation of Anne Arundel Co is committed to fostering charitable giving and supporting local charitable organizations. Their mission is to assemble and manage a pool of charitable assets, serving as a bridge between donors and the community's critical needs. By partnering with donors, the foundation helps these individuals achieve their philanthropic goals, guiding them towards making impactful contributions to the community. Furthermore, the Community Foundation of Anne Arundel Co encourages collaboration among local nonprofits, aiming to strengthen these organizations and enhance their ability to serve the community effectively.

    Impact

    This information is meant to be a general summary of Community Foundation Of Anne Arundel Co. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The impact of the Community Foundation Of Anne Arundel Co includes supporting local charitable organizations, fostering charitable giving, promoting philanthropy, identifying critical needs in Anne Arundel County, partnering with donors to meet their philanthropic goals, and strengthening the local community through collaboration. Through its work, the foundation plays a key role in addressing important issues and improving the well-being of the community in Annapolis, Maryland.





    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: $617,446
  • Program Service Revenue: $18,111
  • Gross Receipts: $9,045,688

    • Assets and Liabilities:
  • Total Assets: $26,887,438
  • Total Liabilities: $1,900,288
  • Net Assets: $24,987,150
  • Programs

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

    PROGRAM FEES

    Revenue

    $4,629

    MANAGEMENT FEES

    Revenue

    $13,482

    Organization Details

    Founding Year

    1998

    Principal Officer

    Mary Spencer

    Main Address

    900 BESTGATE ROAD STE 400, ANNAPOLIS, MD, 21401

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Community Foundation Of Anne Arundel Co 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.