Overview
What is The Foundation Of The Rotary Club Of White Plains Ny?
The Foundation of The Rotary Club of White Plains, NY, is a nonprofit organization that focuses on providing college scholarships to high school students residing in White Plains, New York. Based in White Plains, this charitable entity is committed to contributing to educational opportunities within the community, in addition to pursuing other charitable purposes. The foundation's activities are overseen by a dedicated committee, which recommends scholarships to the organization's trustees annually.
Official website here: www.rotarywp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The Foundation of the Rotary Club of White Plains NY has received a Three-Star rating from Charity Navigator, indicating a score of 76% based on its Accountability & Finance metrics. The charity demonstrates strong financial management, with a program expense ratio of 87.92%, suggesting that a significant portion of funds is directed toward its mission-related activities.
Strengths of the organization include a fully independent board, with all members meeting the independence criteria. Additionally, there are no material diversions of assets reported, and the charity has also ensured that board meeting minutes are documented. However, the organization has notable gaps, particularly in its policies regarding conflicts of interest and whistleblower protections, which are currently missing.
While the Foundation of the Rotary Club of White Plains NY has a solid financial standing and governance structure, the absence of certain key policies may raise concerns about accountability. Addressing these policy deficiencies could enhance the charity's overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation Of The Rotary Club Of White Plains Ny legitimate?
The Foundation Of The Rotary Club Of White Plains Ny is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation Of The Rotary Club Of White Plains Ny 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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Official website here: www.rotarywp.org
What is the mission statement of The Foundation Of The Rotary Club Of White Plains Ny?
The Foundation of the Rotary Club of White Plains Ny is committed to providing college scholarships and serving other charitable purposes. In line with its mission, the foundation recommends and directs its trustees to make disbursements for the provision of scholarships to high school students during a given year. This charitable organization aims to support the educational aspirations of individuals, contributing to their future success and personal growth. By offering scholarships, the foundation plays a crucial role in alleviating financial burdens and enabling deserving students to pursue higher education.
Official website here: www.rotarywp.org
What is the revenue of The Foundation Of The Rotary Club Of White Plains Ny?
The Foundation Of The Rotary Club Of White Plains Ny's revenue in 2024 was $76,985.
Official website here: www.rotarywp.org
Who are the executives of The Foundation Of The Rotary Club Of White Plains Ny and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.rotarywp.org
Where can I find the form 990 for The Foundation Of The Rotary Club Of White Plains Ny?
The Foundation Of The Rotary Club Of White Plains Ny's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rotarywp.org
Learn more at the official website: www.rotarywp.org
Mission Statement of The Foundation Of The Rotary Club Of White Plains Ny
The Foundation of the Rotary Club of White Plains NY, as a charitable organization, is dedicated to providing college scholarships and serving various philanthropic purposes. The mission of this foundation is to recommend and guide the trustees to disburse funds for the provision of scholarships to high school students in White Plains, NY, during the fiscal year ending June 30, 2021. Through this initiative, the foundation aims to support and empower deserving students in their pursuit of higher education, thereby contributing to their personal growth and potential societal impact.
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Impact
August, 2024
The Foundation Of The Rotary Club Of White Plains NY's impact lies in providing college scholarships to high school students in White Plains, NY. By awarding these scholarships, the foundation enables individuals to pursue higher education and achieve their academic goals. This support contributes to the development of future leaders and positively impacts the educational landscape of the community. Through its commitment to education, the foundation plays a crucial role in empowering students and investing in their future success.
This information is meant to be a general summary of The Foundation Of The Rotary Club Of White Plains Ny. 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 2024.
- Investment Income: $24,650
- Gross Receipts: $338,902
Assets and Liabilities:
- Total Assets: $720,633
- Total Liabilities: $0
- Net Assets: $720,633
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Organization Details
Founding Year
1963
Principal Officer
Libby Hollahan
Website
www.rotarywp.orgNTEE Category
Code: B82Z - Education
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