Emerald Coast Foundation Inc

The Emerald Coast Foundation Inc. is a U.S.-based nonprofit organization dedicated to supporting local children in need and at-risk youth. Established in 1992, the foundation operates out of Fort Walton Beach, Florida, and is classified as a charitable organization under the Philanthropy, Voluntarism and Grantmaking Foundations category.

Purpose and Activities

The primary purpose of the Emerald Coast Foundation is to raise funds through various community events, which are then distributed to other 501(c)(3) organizations. The foundation's efforts are encapsulated by the slogan "Investing in Youth," reflecting its commitment to the welfare and development of young people in the community.

Events and Fundraising

One of the foundation's most notable events is the Emerald Coast Boat Week and Poker Run, held annually in August. This event serves as a significant fundraising platform for the organization, contributing to its mission of supporting vulnerable youth.

Financial Overview

Recent financial data indicates that the Emerald Coast Foundation derives a substantial portion of its revenue from contributions and fundraising activities. For example, in a recent fiscal year, the organization reported contributions amounting to about 44.3% of its total revenue, with net fundraising accounting for approximately 55.2%[1]. The foundation's net assets and expenses also reflect its ongoing efforts in community fundraising and grantmaking activities. In another year, contributions were even higher, making up about 60.8% of the total revenue[1].

Ratings and Governance

The Emerald Coast Foundation has received a 3/4 Star rating from Charity Navigator, indicating a certain level of transparency and operational efficiency[5]. The organization is managed by a board of members, who oversee its activities and ensure that its mission is fulfilled effectively.

In summary, the Emerald Coast Foundation Inc. is a dedicated nonprofit entity focused on improving the lives of local children through strategic fundraising and community engagement.

[1] https://projects.propublica.org/nonprofits/organizations/550796930 [2] https://www.fwbchamber.org/list/member/emerald-coast-foundation-inc-2271 [3] https://www.guidestar.org/profile/55-0796930 [4] https://fconline.foundationcenter.org/fdo-grantmaker-profile/?collection=grantmakers&activity=result&key=5297395 [5] https://www.charitynavigator.org/ein/550796930