Eau Claire Community Foundation

“The completed form 990 is provided to the board of trustees in advance of their montly board meeting for personal review by board members. As part of the agenda the executive director/treasurer reviews the return with board members for board approval prior to filing the form 990.”

“The policy requires all board or committee members, who may have a conflict of interest in an item of action put to a vote to abstain from that vote. The conflict of interest policy is updated by board and committee members annually and signed.”

“The personnel committee recommends salary amounts to the operations committee after reviewing comparable data and performance appraisals. The operations committee reviews the amounts recommended and the cash flow analysis, then makes a recommendation to the board of trustees for approval.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The form 990 and audited financial statements are posted on the website.”

“The eau claire community foundation fulfilled the grantmaking portion of its mission in 2024 by awarding 1,926,106 in grants, which includes 168,690 in agency fund grants. While many of these grants were recommended by donor advisors to nonprofits all over the u.s., 813,222 went directly to eau claire area nonprofits through eccf's annual community grant cycle. An additional 53,939 supported local nonprofits through the grant cycle implemented by the women's giving circle, a fund of eccf. Eccf's support of local nonprofits is helping to enhance the quality of life in eau claire. Eccf's mission also includes "offering donors opportunities to establish charitable legacies." eccf worked with donors to establish 59 new funds in 2024 and has over 330 active funds. Donor advised funds, such as the new rev. Kurt m. Jacobson family fund, allow fund holders to recommend grants to nonprofits of their choice, while field of interest funds allow fund holders to support specific areas of interest and designated funds name specific organizations. Eccf also allows donors to create other types of funds, including unrestricted funds to support local nonprofits through the annual community grant cycle and designated scholarship funds to support students' post-secondary educations. Eccf addresses the final portion of its mission- -to serve as a catalyst to address community needs--by educating the community about philanthropic issues and opportunities through events such as the annual meeting, professional advisor event, and the women's giving circle educational event. In addition to informing the public about eccf and its work, the annual events allow donors to connect with local nonprofits. Eccf's professional advisor event educates professional advisors about their clients' charitable giving options, while the educational event hosted by eccf's women's giving circle educates the public about pressing community issues such as homelessness, mental health, or alzheimer's disease. In 2024, the educational event addressed challenges in finding affordable childcare. Through these and other annual events, eccf aims to increase awareness, philanthropy, and activism in our community.”

“The organizations process has not changed from prior year.”