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CHARITY REVIEW
Issued: July 2023 Expires: July 2025

Cincinnati Parks Foundation

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(513) 357-2619
421 Oak St
Cincinnati, OH, 45219-2504
https://cincinnatiparksfoundation.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Cincinnati Parks Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:

We are proud to be the official philanthropic partner of Cincinnati Parks. Our work has been mission-driven since 1995 with a commitment to supporting the conservation and enhancement of Cincinnati’s parks and greenspaces. When you invest in our most treasured public asset—our parks—you are making an impact for generations to come.

Year, State Incorporated:
1995, OH

Conservation
We support conservation efforts across the city in neighborhood parks and greenspaces. By helping to plant thousands of trees and remove invasive species, we help protect YOUR Parks' natural assets.

Activation
We sponsor free and unique programming which activate neighborhood parks across the city. From family-friendly festivals, to concerts, to group wellness classes, we are getting people of all abilities active outdoors.

Enhancement 
Through restoration of existing assets and the addition of brand new improvements, our work supports the overall enhancement of Cincinnati Parks. We help to build playgrounds, restore trails, and much more.

Advocacy
We build powerful relationships with communities, volunteers, City leaders, and private or public organizations. Leveraging our connections, we advocate and fundraise on behalf of Cincinnati Parks.

For the year ended December 31, 2021, Cincinnati Parks Foundation's program expenses were:

Program expenses $2,381,955
Total Program Expenses $2,381,955

Chief Executive
Jennifer Spieser, President/CEO

Chair of the Board
Mr. Dan Vogelpohl, Board President

Chair's Profession / Business Affiliation

Board Size
40

Paid Staff Size
8

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Membership appeals, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 9.36%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Cincinnati Parks Foundation's audited financial statements for the year ended December 31, 2021.

Source of Funds
Contributions $4,182,909
Investment return, net $2,218,133
Special Event Revenue $427,292
Gain on debt extinguishment $183,979
Donated goods and services $144,020
Administrative Fees $129,110
Other income $205
Total Income $7,285,648

Programs: 79% Fundraising: 15% Administrative: 6%

Total Income $7,285,648
Total expenses: $2,997,258
  Program expenses $2,381,955
  Fundraising expenses $444,896
  Administrative expenses $170,407
  Other expenses $0
Income in Excess of Expenses $4,288,390
Beginning Net Assets $15,847,230
Other Changes In Net Assets $0
Ending Net Assets $20,750,923
Total Liabilities $24,455
Total Assets $20,775,378

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Cincinnati