Overview
What is East Greenwich Rotary Scholarship F?
East Greenwich Rotary Scholarship F is a nonprofit organization located in East Greenwich, Rhode Island. Their primary focus is on awarding scholarships to students graduating from the local community for higher education. In the previous fiscal year, they successfully granted a total of $19,500 in scholarships. This financial aid contributes significantly to the educational pursuits of deserving students, helping them to further their academic and professional growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The East Greenwich Rotary Scholarship Fund boasts a strong 94% rating, indicating a high level of accountability and financial health. The organization demonstrates excellent governance with a fully independent board, showing commitment to transparency and ethical practices. Its low liabilities to assets ratio and high program expense ratio suggest that the majority of its funds are directed towards its core mission of providing scholarships.
Key strengths include having a comprehensive conflict of interest policy, a whistleblower policy, and effective document retention practices, all of which contribute to its solid governance framework. This level of diligence assures donors and stakeholders of the organization's operational integrity and commitment to its mission.
However, while the organization performs well in various areas, there are no listed limitations in the data provided, indicating that it effectively meets the standards set for nonprofit financial and operational practices, thus reinforcing its credibility and reliability within the community.
This AI summary has been generated from information found on Charity Navigator.
Is East Greenwich Rotary Scholarship F legitimate?
East Greenwich Rotary Scholarship F is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Greenwich Rotary Scholarship F 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
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What is the mission statement of East Greenwich Rotary Scholarship F?
The East Greenwich Rotary Scholarship F is an organization that focuses on providing financial assistance for higher education to students from the local community. In the recent fiscal year, they awarded a significant sum of $19,500 in scholarships. The organization's mission is centered around supporting the educational aspirations of local students, aiming to contribute to their future success and personal growth. By offering scholarships, they alleviate some of the financial burden associated with higher education, enabling deserving students to pursue their academic goals.
Who is the CEO of East Greenwich Rotary Scholarship F?
David Iannuccilli is the President of East Greenwich Rotary Scholarship F.
What is the revenue of East Greenwich Rotary Scholarship F?
East Greenwich Rotary Scholarship F's revenue in 2023 was $22,341.
Who are the executives of East Greenwich Rotary Scholarship F and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for East Greenwich Rotary Scholarship F?
East Greenwich Rotary Scholarship F's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of East Greenwich Rotary Scholarship F
East Greenwich Rotary Scholarship F is an organization that is committed to supporting the educational aspirations of students in the local community. Its mission is to provide financial assistance through scholarships to students who are preparing to pursue higher education. In the previous fiscal year, the organization awarded a significant sum of $19,500 in scholarships, demonstrating its dedication to this cause. East Greenwich Rotary Scholarship F plays a vital role in enabling deserving students to pursue their academic goals, thereby contributing to their personal growth and the betterment of society as a whole.
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Impact
October, 2024
The East Greenwich Rotary Scholarship F has a significant impact on the local community by supporting students' pursuit of higher education. By awarding $19,500 in scholarships during the last fiscal year, it directly contributes to the educational advancement of graduates from East Greenwich. This financial assistance alleviates the burden of tuition costs, making college more accessible for students and encouraging their academic and professional growth. The organization's commitment to youth development fosters a culture of learning and empowerment, ultimately benefiting the community as these scholars advance their careers and contribute positively to society.
This information is meant to be a general summary of East Greenwich Rotary Scholarship F. 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 2023.
- Investment Income: $19,605
- Gross Receipts: $22,341
Assets and Liabilities:
- Total Assets: $487,098
- Total Liabilities: $34,000
- Net Assets: $453,098
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Organization Details
Founding Year
1983
Principal Officer
David Iannuccilli
Main Address
PO Box 222, East Greenwich, RI, 02818
NTEE Category
Code: O40 - Youth development
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