Blanchet Community Foundation

The Blanchet Community Foundation is a nonprofit organization based in Salem, Oregon. It is registered with the EIN (Employer Identification Number) 472309274.

Overview

Blanchet Community Foundation operates primarily to serve the local community through various initiatives. One of its notable activities involves managing the East Salem Community Center, which provides facilities to the local school district, churches, and other nonprofit organizations[3].

Financial Performance

As of 2023, the foundation reported a revenue of approximately $602,000, with expenses totaling around $570,000. The total assets held by the foundation were about $914,000, while liabilities were slightly higher at $1.03 million[2]. Despite these financial activities, the foundation did not distribute any grants during the same year[4].

Evaluation and Rating

Blanchet Community Foundation has received a 2/4 Star rating from Charity Navigator, indicating a lower-than-average performance among nonprofit organizations. This rating is based on various factors related to financial health, accountability, and transparency[1][5]. The foundation's score is 66 out of a possible total, which reflects some challenges in these areas[5].

Overall, the Blanchet Community Foundation plays a role in the local community by managing a crucial community center, though it faces challenges in terms of financial management and external evaluation.