Church of the Good Samaritan Corvallis Oregon Foundation

Overview

The Church of the Good Samaritan Corvallis Oregon Foundation is a nonprofit organization established to provide long-term support to the Episcopal Church of the Good Samaritan in Corvallis, Oregon. It serves as a vehicle for charitable contributions aimed at benefiting the church's mission and ensuring its sustained growth and well-being.

Mission Statement

The foundation's primary mission is to encourage and facilitate long-term philanthropy for the benefit of the Church of the Good Samaritan in Corvallis, Oregon. It aims to provide a platform for donations that support the church's activities and programs, ensuring its continued success and impact within the community.

Financial Health and Governance

The Church of the Good Samaritan Corvallis Oregon Foundation is classified as a 501(c)(3) public charity, making donations tax-deductible. The organization has been rated by Charity Navigator, receiving a 76% rating, which indicates a solid level of accountability and financial health. It excels in having a majority of independent board members and a high program expense ratio of 96.28%, suggesting efficient use of funds for its programs. However, the foundation lacks certain governance policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, which could be areas for improvement.

Financial Data

In recent years, the foundation's financial activities have included generating revenue primarily from investment income and sales of assets. It has maintained total assets without any liabilities, reflecting a stable financial position. Notably, there are no executive compensations or professional fundraising fees, aligning with its focus on maximizing program support.

Impact in the Community

The Church of the Good Samaritan Corvallis Oregon Foundation plays a significant role in fostering a culture of generosity within the Corvallis community. By facilitating donations, it supports the church's ability to provide services and programs that enhance community ties and promote spiritual growth. This long-term support is crucial for the church's continued involvement in community activities and its mission to serve both its congregation and the broader Corvallis area.

History and Affiliation

The foundation was established in 1992 to support the Episcopal Church of the Good Samaritan, which has a history dating back to the late 19th century. The church itself is part of the Episcopal Diocese of Oregon. The foundation's role is integral in ensuring the church's enduring presence and influence in Corvallis.