Overview
What is Rotary Club Of Hamden Foundation Inc?
Rotary Club of Hamden Foundation Inc, located in Hamden, Connecticut, is a nonprofit organization adhering to IRS Code 501(c)(3). Their primary objective is to contribute funds to eligible charitable organizations and government bodies, with the aim of promoting charitable endeavors. The foundation also offers educational and charitable opportunities for Rotarians and students, aligning with its mission to foster growth and community service. Through these initiatives, the Rotary Club of Hamden Foundation Inc aims to positively impact its local and broader communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Overall Score: 73%)
The Rotary Club Of Hamden Foundation Inc has received a two-star rating from Charity Navigator, indicating that the organization has areas needing improvement. While it shows a strong commitment to accountability and finance with a score of 73, it falls short in several key governance areas, such as missing conflict of interest and whistleblower policies, alongside a lack of a website listed on its tax form. The organization does excel in having a fully independent board and a favorable liabilities to assets ratio.
User feedback highlights the foundation's significant contribution to the Rotary Foundation of Rotary International, particularly through fundraising initiatives like the Hamden Rotary Convention Tours. A notable achievement mentioned is a $100,000 donation to the RI Polio Plus campaign, marking it as a leader in per capita contributions. This reflects the foundation's engagement and effectiveness in supporting global Rotary projects.
However, the limitations in governance and transparency noted by Charity Navigator may raise concerns for potential donors regarding the organization's overall management practices. While the foundation is recognized for its impactful fundraising efforts, addressing the governance issues could strengthen its credibility and operational effectiveness moving forward.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Rotary Club Of Hamden Foundation Inc legitimate?
Rotary Club Of Hamden Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Hamden Foundation 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
What is the mission statement of Rotary Club Of Hamden Foundation Inc?
The Rotary Club of Hamden Foundation Inc's mission revolves around providing educational and charitable opportunities for Rotarians and students. This mission is enacted by making contributions to organizations that fall under the IRS Code 501(c)(3) and government entities, with the intent of using these funds for charitable purposes. The foundation aims to foster a sense of community and learning, benefitting both Rotarians and students alike.
Who is the CEO of Rotary Club Of Hamden Foundation Inc?
Betsy Gorman is the Principal Officer of Rotary Club Of Hamden Foundation Inc.
What is the revenue of Rotary Club Of Hamden Foundation Inc?
Rotary Club Of Hamden Foundation Inc's revenue in 2022 was $31,543.
Who are the executives of Rotary Club Of Hamden Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Rotary Club Of Hamden Foundation Inc?
Rotary Club Of Hamden Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rotary Club Of Hamden Foundation Inc
The Rotary Club of Hamden Foundation Inc is committed to offering both Rotarians and students a variety of educational and charitable opportunities. Its mission, stated as "Educational & Charitable Opportunities for Rotarians and Students," is geared towards making a positive impact in the community by contributing funds to organizations that fall under the IRS Code 501(c)(3) and government entities, all with the ultimate goal of using these funds for charitable purposes. The Rotary Club of Hamden Foundation Inc serves as a platform for fostering growth and learning, extending its reach to a wide range of organizations to create a ripple effect of change.
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Impact
August, 2024
The Rotary Club Of Hamden Foundation Inc creates educational and charitable opportunities for Rotarians and students. Through contributions to various tax-exempt organizations under IRS Code 501(c)(3) and government agencies, their impact is felt in supporting charitable causes and organizations that work towards improving the community. By focusing on philanthropy and education, the foundation plays a key role in fostering positive change and creating lasting benefits for individuals and the community as a whole.
This information is meant to be a general summary of Rotary Club Of Hamden Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,543
- Program Service Revenue: $6,110
- Gross Receipts: $31,543
Assets and Liabilities:
- Total Assets: $626,656
- Total Liabilities: $0
- Net Assets: $626,656
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COATS FOR KIDS
Revenue
$4,760
BRICK PROJECT
Revenue
$1,350
Organization Details
Founding Year
1994
Phone
(203) 498-2932Principal Officer
Betsy Gorman
Main Address
PO Box 185304, Hamden, CT, 06518
NTEE Category
Code: T30 - Philanthropy
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