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Community Development : Community Foundations
Board Leadership
Bo Collins
Chair
CEO
Mike Clayborne
President
|
CREATE is an acronym for Christian Research Education Action Technical Enterprise. Today, the CREATE Foundation is the region's premier philanthropic resource regarding comprehensive charitable planning for individuals, nonprofits, communities, and businesses. CREATE Foundation is committed to good stewardship of the funds entrusted to us. Sound financial practices protect investment principal from erosion, provide a steady stream of income for grants, and add value to investment assets through growth. For more than 35 years, CREATE has been working together with fund donors, grant recipients, organizations and communities, the Foundation is a powerful catalyst for building charitable resources for our region.
CREATE is an acronym for Christian Research Education Action Technical Enterprise. Today, the CREATE Foundation is the region's premier philanthropic resource regarding comprehensive charitable planning for individuals, nonprofits, communities, and businesses. CREATE Foundation is committed to good stewardship of the funds entrusted to us. Sound financial practices protect investment principal from erosion, provide a steady stream of income for grants, and add value to investment assets through growth. For more than 35 years, CREATE has been working together with fund donors, grant recipients, organizations and communities, the Foundation is a powerful catalyst for building charitable resources for our region.
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91.70
96.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
92.7% | |
Administrative Expenses | 4.7% | |
Fundraising Expenses | 2.4% | |
Fundraising Efficiency | < $0.01 | |
Working Capital Ratio (years) | 14.63 | |
Program Expenses Growth | 1.7% | |
Liabilities to Assets | < 0.1% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
CREATE Foundation (MS) | 93.48 | |
Michigan Gateway Community Foundation (MI) | 89.15 | |
The Columbus Foundation (OH) | 95.05 | |
Community Foundation for Northeast Michigan (MI) | 88.18 | |
Wyoming Community Foundation (WY) | 86.29 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $21,576,310 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $0 |
Related Organizations | $0 |
Government Grants | $356,750 |
Total Contributions | $21,933,060 |
Program Service Revenue | $32,426 |
Total Primary Revenue | $21,965,486 |
Other Revenue | $4,536,975 |
TOTAL REVENUE | $26,502,461 |
EXPENSES | |
Program Expenses | $10,087,000 |
Administrative Expenses | $396,059 |
Fundraising Expenses | $222,466 |
TOTAL FUNCTIONAL EXPENSES | $10,705,525 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $15,796,936 |
Net Assets | $134,524,324 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
Improving Education and Community Life | $10,087,000 | 100.0% |
Form 990 FYE | Date Published | Overall Score | Overall Rating | ||||||
---|---|---|---|---|---|---|---|---|---|
CN 2.1 | |||||||||
2019-12 | 12/01/2020 | 93.48 | |||||||
2018-12 | 12/01/2019 | 93.07 | |||||||
2017-12 | 10/01/2018 | 90.58 | |||||||
2016-12 | 12/22/2017 | 96.61 | |||||||
2015-12 | 11/01/2016 | 98.06 | |||||||
2014-12 | 06/01/2016 | 97.10 | |||||||
CN 2.0 | |||||||||
2014-12 | 11/01/2015 | 96.67 | |||||||
2013-12 | 05/01/2015 | 93.95 | |||||||
2012-12 | 11/01/2013 | 94.37 | |||||||
2011-12 | 12/01/2012 | 96.75 | |||||||
2010-12 | 03/01/2012 | 95.03 | |||||||
2009-12 | 09/20/2011 | 82.65 | |||||||
CN 1.0 | |||||||||
2009-12 | 02/01/2011 | 75.73 | |||||||
2008-12 | 02/01/2010 | 90.42 | |||||||
2007-12 | 02/01/2009 | 96.39 | |||||||
2006-12 | 07/01/2008 | 94.17 | |||||||
2005-12 | 11/01/2006 | 98.83 | |||||||
2004-12 | 10/01/2005 | 92.49 | |||||||
2003-12 | 09/01/2004 | 85.45 | |||||||
2002-12 | 10/01/2003 | 92.92 |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 23-7248582 |
Name in IRS Master File | CREATE FOUNDATION INC |
NTEE Code | T31 |
NTEE Classification | Community Foundations |
NTEE Type | Philanthropy, Voluntarism and Grantmaking Foundations |
Classification | Charitable Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | (29) Other religious activities (45) Student operated business |
Foundation Status | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | December, 1972 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | December |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$220,140 | 2.05% | Michael K. Clayborne | President |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
CREATE Foundation (MS) | 93.48 | |
Community Foundation for Monterey County (CA) | 94.69 | |
Community Foundation of Greater Huntsville (AL) | 93.98 | |
Richland County Foundation (OH) | 94.67 | |
Greater Kansas City Community Foundation (MO) | 92.61 |
This charity has an official representative registered with Charity Navigator.
CREATE Foundation
213 West Main Street
Tupelo,
MS 38804
tel: (662) 844-8989
fax: (662) 844-8149
EIN: 23-7248582
Mail donations to:
P.O. Box 1053
Tupelo, MS 38802
Bo Collins
Chair
Mike Clayborne
President
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923