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Winchester Rotary Charitable Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042772656 ✦ Winchester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Winchester Rotary Charitable Fund Inc?

Winchester Rotary Charitable Fund Inc is a not-for-profit organization located in Winchester, Massachusetts. Their primary mission is to foster global understanding through humanitarian service, educational, and cultural exchanges. This nonprofit achieves this by awarding scholarships to high school students based on their community service involvement. The Winchester Rotary Charitable Fund Inc operates with a goal to promote positive change and international relations.


Official website here: www.winchesterrotary.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating is based entirely on the Accountability & Finance score, which reflects the organization’s responsible financial management and transparency practices. A score of 76% indicates that while the charity meets several accountability criteria, there are areas requiring improvement, particularly regarding governance policies.

The Winchester Rotary Charitable Fund has demonstrated strengths in several areas of accountability, notably with a fully independent board and no material diversion of assets. Additionally, the organization has a very high program expense ratio of 93.45%, indicating that a significant majority of its funds are directed toward its programs, which is a positive sign for potential donors looking for effective use of contributions.

However, the organization has notable gaps in governance practices, as it is missing a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Addressing these limitations could enhance the charity's overall rating and improve stakeholder trust.


This AI summary has been generated from information found on Charity Navigator.

Is Winchester Rotary Charitable Fund Inc legitimate?

Winchester Rotary Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winchester Rotary Charitable Fund Inc 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.winchesterrotary.org

What is the mission statement of Winchester Rotary Charitable Fund Inc?

The Winchester Rotary Charitable Fund Inc. is a not-for-profit organization that serves to promote global understanding. They achieve this objective through humanitarian service programs, educational exchanges, and cultural initiatives. The fund's mission is to foster international cooperation and mutual respect by providing opportunities for learning and cultural exchange. Additionally, the organization awards scholarships to high school students based on their community service involvement. These scholarships aim to encourage and recognize young individuals who demonstrate a commitment to serving their communities.


Official website here: www.winchesterrotary.org

Who is the CEO of Winchester Rotary Charitable Fund Inc?

Jane Errico is the Director of Winchester Rotary Charitable Fund Inc.


Official website here: www.winchesterrotary.org

What is the revenue of Winchester Rotary Charitable Fund Inc?

Winchester Rotary Charitable Fund Inc's revenue in 2023 was $149,537.


Official website here: www.winchesterrotary.org

Who are the executives of Winchester Rotary Charitable Fund Inc and what are their salaries?

There 25 volunteers at Winchester Rotary Charitable Fund Inc.


Here are 15 key members and their salaries:


Jeffrey Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Errico (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Hefferon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Mucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Leung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Michienzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Mix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Doucette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lapointe (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Heisler (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Garrity (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marnee Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Sloan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.winchesterrotary.org

Where can I find the form 990 for Winchester Rotary Charitable Fund Inc?

Winchester Rotary Charitable Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.winchesterrotary.org

Learn more at the official website: www.winchesterrotary.org

Mission Statement of Winchester Rotary Charitable Fund Inc

The Winchester Rotary Charitable Fund Inc is a not-for-profit organization that strives to foster global understanding through humanitarian service, educational, and cultural exchanges. Its mission is to promote a world of harmony and mutual respect by engaging in international humanitarian service programs and facilitating educational and cultural exchanges. The organization achieves this by awarding scholarships to high school students based on their dedication to community service, thereby encouraging the spirit of service and unity among the youth.

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Impact




October, 2024

Winchester Rotary Charitable Fund Inc enhances community well-being by promoting world understanding through humanitarian service and cultural exchanges. They award scholarships to high school students based on their community service, empowering youth to engage actively in their communities while fostering a spirit of global awareness. The organization’s initiatives not only support individual students but also contribute to a broader cultural enrichment, creating opportunities for education and collaboration that benefit both local and international communities. Through these efforts, they inspire a commitment to service and understanding among future leaders in Winchester, MA.




This information is meant to be a general summary of Winchester Rotary Charitable Fund Inc. 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.

Revenue
$149,537 (2023)
Expenses
$74,344 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18,306
  • Gross Receipts: $197,346

Assets and Liabilities:

  • Total Assets: $703,958
  • Total Liabilities: $0
  • Net Assets: $703,958

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Organization Details

Founding Year

1982

Principal Officer

Jane Errico

Main Address

PO BOX 288, WINCHESTER, MA, 01890

NTEE Category

Code: S82Z - Community improvement

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