Overview
What is Milford Rotary Club Foundation?
Milford Rotary Club Foundation, situated in Milford, New Hampshire, serves as a benevolent entity, providing aid to various community organizations and humanitarian causes in the Souhegan Valley region. Established with a charitable, educational, and scientific purpose, the foundation collects and invests funds, which are then distributed to foster education and community well-being. It supports educational institutions, civic organizations, and individuals pursuing higher education, contributing to the overall betterment of the community. The foundation's mission is to maintain and manage funds, ensuring their eventual allocation to further these noble causes.
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Is Milford Rotary Club Foundation legitimate?
Milford Rotary Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milford Rotary Club Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Milford Rotary Club Foundation?
The Milford Rotary Club Foundation, established for charitable, educational, and scientific purposes, aims to collect, preserve, and allocate funds to promote education and community welfare. By distributing these funds to suitable educational institutions, civic organizations, associations, groups, and individuals enrolled in post-secondary education, the foundation seeks to enhance educational opportunities and improve community well-being. The Milford Rotary Club Foundation also serves as a source of aid, providing donations for capital improvements, projects, and supporting the missions of various organizations in the Souhegan Valley region.
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Who is the CEO of Milford Rotary Club Foundation?
David Hammer is the Chairperson of Milford Rotary Club Foundation.
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What is the revenue of Milford Rotary Club Foundation?
Milford Rotary Club Foundation's revenue in 2022 was $269,972.
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Who are the executives of Milford Rotary Club Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.clubrunner.ca
Where can I find the form 990 for Milford Rotary Club Foundation?
Milford Rotary Club Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clubrunner.ca
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Mission Statement of Milford Rotary Club Foundation
The Milford Rotary Club Foundation, established with charitable, educational, and scientific objectives in mind, serves to collect, preserve, and distribute funds aimed at fostering education and community well-being. The foundation's mission is to receive, maintain, and invest funds, subsequently allocating them to advance these causes. It achieves this goal by providing financial support to educational institutions, civic organizations, associations, groups, and individuals pursuing higher education, including vocational programs. The Milford Rotary Club Foundation acts as a vital source of aid to community organizations and humanitarian causes in various sectors within its sphere of influence, contributing to capital improvements, projects, and the realization of these organizations' missions.
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Impact
October, 2024
The Milford Rotary Club Foundation plays a vital role in enhancing education and community well-being in the Souhegan Valley region of New Hampshire. By providing financial support to educational institutions and community organizations, it empowers individuals and groups to pursue charitable, educational, and scientific initiatives. The foundation focuses on aiding local humanitarian causes, contributing to capital improvements, and funding projects that align with community missions.
In doing so, MRCF positively impacts students who are enrolled in post-secondary programs, including vocational training, ensuring they have the resources they need to succeed. This commitment to philanthropy fosters a spirit of collaboration and support within the community, driving forward various initiatives that benefit all residents. Through its dedicated efforts, the Milford Rotary Club Foundation serves as an essential catalyst for growth, education, and service in the region.
This information is meant to be a general summary of Milford Rotary Club Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37,599
- Gross Receipts: $478,926
Assets and Liabilities:
- Total Assets: $887,329
- Total Liabilities: $0
- Net Assets: $887,329
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Organization Details
Founding Year
1999
Phone
(603) 769-1526Principal Officer
David Hammer
Main Address
PO Box 618, Milford, NH, 03055
Website
www.clubrunner.caNTEE Category
Code: T50 - Philanthropy
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