Consolidated Communications Foundation

Overview

The Consolidated Communications Foundation is a U.S. nonprofit organization structured as a 501(c)(3) corporation. Founded in 1992 by employees and management in the California market of Consolidated Communications, the foundation focuses on supporting local communities through charitable contributions to non-profit organizations.

Purpose and Activities

The foundation's primary objective is to enhance community vibrancy by funding initiatives that benefit those in need. It achieves this through the generosity of Consolidated Communications employees, who make voluntary payroll contributions, and additional support from the company itself. All administrative costs are absorbed by Consolidated Communications, ensuring that 100% of donations go directly to benefiting organizations.

Funding and Impact

To date, the Consolidated Communications Foundation has donated over $5.5 million to various community projects and non-profits. This philanthropic effort reflects the company's commitment to being an active and supportive partner within the communities it serves.

The foundation enhances its outreach by annually accepting funding requests from eligible organizations. Guidelines for applying are typically available, outlining criteria and submission deadlines.

Organizational Structure

The foundation operates under a board composed of various members, none of whom receive compensation for their roles. This structure underscores the organization's focus on giving back to the community without incurring additional expenses.

Recognition and Rankings

The Consolidated Communications Foundation has received recognition for its philanthropic contributions. It was ranked #8 in the Sacramento Business Journal's 2021 Book of Lists for Corporate Philanthropic Foundations.

Financial Overview

Recent financial data indicates that the foundation's revenue is predominantly derived from contributions, totaling over $100,000 in some years. The organization maintains minimal assets and liabilities, reflecting its efficient distribution of funds directly to community projects.