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Community Foundation Of North Central Massachusetts, Inc.

Community Foundation Of North Central Massachusetts, Inc.

Fitchburg, MA 01420
Tax ID04-3537449

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About this organization

Revenue

$8,860,891

Expenses

$4,162,326

Website

cfncm.org

Mission

Our mission is to promote philanthropy in our region and to support philanthropists to invest in the communities and causes they care passionately about. We also make annual grants to local nonprofits in the area of the environment and animal welfare, education and career readiness, community enrichment, organizational development, critical community needs and community health.

About

The Community Foundation plays a role as Convener of anchor organizations in NCM: This year we convened Arts and Culture Orgs, Land Trust & Environmental Nonprofits. This year we brought in speakers to help educate & identify available grants, and for our nonprofits to have the opportunity to collaborate and network with each other.Our strategic focus this year included Art and Culture Organizations. We have begun work in the arena of Arts and Culture by convening Arts and Culture cohorts together to articulate the needs of our community. We are exploring funding opportunities for us to support the Fitchburg Arts Community project. We meet regularly with the Executive Directors of New Vue and the Fitchburg Art Museum to keep connected with their needs and how we may be able to fund segments of this project. One goal is to establish a large Arts and Culture Fund to support Art Organizations now and into the future. We also created a charitable fund option for donors to keep their advisors involved while at the same time establish a fund here at the foundation and have the opportunity to use our charitable services. This fund option is an Endowment Fund with Donor Recommended Investment Manager Contribution Form.See schedule I

Interesting data from their 2019 990 filing

The filing specifies the mission of the non-profit as “"as a trusted steward, we provide flexible giving options that simplify the achievement of donors' charitable goals. through deep knowledge, leadership, collaboration and grantmaking, we provide education, guidance and resources to strengthen and improve our communities.”.

When explaining its duties, they were described as: “"as a trusted steward, we provide flexible giving options that simplify the achievement of donors' charitable goals. through deep knowledge, leadership, collaboration and grantmaking, we provide education, guidance and resources to strengthen and improve our communities.”.

  • The state in which the non-profit is authorized to operate legally is MA.
  • According to the filing, the address of the non-profit for the year 2019 is 649 JOHN FITCH HIGHWAY, FITCHBURG, MA, 01420.
  • The non-profit has reported 0 employees on their form for the year 2019.
  • 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 greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $4,698,565.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 22 independent voting members.
  • 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 pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $228,748 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 a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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