Overview
What is Summit Rotary Foundation Inc?
Summit Rotary Foundation Inc is a nonprofit organization that relies on contributions from its members and other supporters. The primary purpose of this organization is to distribute funds to charitable entities and engage in charitable projects and activities. The Summit Rotary Foundation's mission is centered around raising funds, making donations to deserving organizations, and implementing initiatives that contribute positively to their community.
Is Summit Rotary Foundation Inc legitimate?
Summit Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Rotary 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.
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Professional Fundraising Fees: $0
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What is the mission statement of Summit Rotary Foundation Inc?
The Summit Rotary Foundation's mission is centered around receiving donations from members of the Summit Rotary Club and other supporters. Utilizing these funds, the foundation contributes to various charitable organizations and engages in charitable projects and activities. The organization's primary objective is to make a positive impact in communities through its philanthropic endeavors. Its programs focus on providing financial support to charitable organizations, thereby contributing to social causes and bettering the lives of people in need.
Who is the CEO of Summit Rotary Foundation Inc?
Ted Oliver is the President of Summit Rotary Foundation Inc.
What is the revenue of Summit Rotary Foundation Inc?
Summit Rotary Foundation Inc's revenue in 2022 was $260,656.
Who are the executives of Summit Rotary Foundation Inc and what are their salaries?
There 6 volunteers at Summit Rotary Foundation Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Summit Rotary Foundation Inc?
Summit Rotary Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Summit Rotary Foundation Inc
Summit Rotary Foundation, a nonprofit organization, is dedicated to accomplishing its mission by receiving contributions from members of the Summit Rotary Club Inc and other supporters. The primary goal of this foundation is to make donations to charitable organizations and execute charitable projects and activities. By doing so, Summit Rotary Foundation aims to contribute positively to various communities and address pressing social issues. The organization's programs focus on supporting charitable organizations, ensuring that they have the necessary resources to make a difference in people's lives. Through its contributions and projects, Summit Rotary Foundation plays a vital role in supporting the work of various charities and promoting positive change in communities.
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Impact
October, 2024
Summit Rotary Foundation Inc significantly impacts the community by channeling resources from local supporters and members of the Summit Rotary Club into various charitable initiatives. By receiving contributions, the foundation actively funds and supports a range of charitable organizations, enhancing social services and programs that benefit those in need.
Through the implementation of diverse charitable projects and activities, Summit Rotary Foundation Inc not only addresses immediate community needs but also fosters long-term improvements in areas such as the arts and other essential services in Greensboro, NC. By focusing on collective giving and community involvement, the foundation creates a culture of philanthropy that empowers individuals and organizations to make a difference in the lives of others. This effective model of community support plays a crucial role in enhancing the quality of life for residents, reinforcing the foundation's vital presence in the local landscape.
This information is meant to be a general summary of Summit Rotary 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: $32,573
- Gross Receipts: $284,491
Assets and Liabilities:
- Total Assets: $898,230
- Total Liabilities: $29,229
- Net Assets: $869,001
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Organization Details
Founding Year
2005
Principal Officer
Ted Oliver
Main Address
PO BOX 3601, GREENSBORO, NC, 27402
NTEE Category
Code: A12 - Arts
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