Overview
What is Gate City Rotary Foundation Inc?
Gate City Rotary Foundation Inc, based in Greensboro, North Carolina, is a charitable organization that focuses on supporting worthy causes within their local community and globally. They achieve this by accepting annual grant requests from Rotary members who are actively engaged with the charities. A committee of past presidents from Gate City Rotary reviews these requests and makes decisions on funding. Beyond financial assistance, the foundation also provides college scholarships to deserving students in the community, demonstrating their commitment to education and community development.
Official website here: www.gatecityrotary.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Gate City Rotary Foundation Inc has received an accountability and finance score of 83%, reflecting the organization's solid management and transparency practices. The rating is derived entirely from one beacon score, which emphasizes the importance of financial health in evaluating nonprofit effectiveness. The foundation has demonstrated strong governance with a fully independent board and excellent fiscal responsibility, evidenced by a liabilities to assets ratio of 0.00%.
User feedback highlights the foundation's impactful initiatives, including projects such as Camp Carefree and support for various health and education-focused organizations. A volunteer noted the organization's commitment to making a difference in communities both locally and globally, showcasing the breadth of its outreach.
However, the foundation does have some areas for improvement. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, which may raise concerns about internal operations and accountability. Overall, while Gate City Rotary Foundation Inc shows strong financial health and commitment to service, enhancing its governance policies could strengthen its overall rating further.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Gate City Rotary Foundation Inc legitimate?
Gate City Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gate City 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.gatecityrotary.com
What is the mission statement of Gate City Rotary Foundation Inc?
The Gate City Rotary Foundation Inc's mission is centered around supporting worthy charitable organizations beyond their local community and providing college scholarships to deserving students. The foundation aims to contribute to various charitable causes and further education, thereby making a positive impact on numerous lives. Their support extends to organizations in the Piedmont Triad region of North Carolina. Annual grant requests for charitable causes are submitted by members of the Gate City Rotary who are directly involved with the charities. A select committee of past presidents from the Gate City Rotary approves these requests, ensuring that the chosen organizations align with the foundation's objectives.
Official website here: www.gatecityrotary.com
What is the revenue of Gate City Rotary Foundation Inc?
Gate City Rotary Foundation Inc's revenue in 2024 was $31,493.
Official website here: www.gatecityrotary.com
Who are the executives of Gate City Rotary Foundation Inc and what are their salaries?
There 57 volunteers at Gate City Rotary Foundation Inc.
Here are 11 key members and their salaries:
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Official website here: www.gatecityrotary.com
Where can I find the form 990 for Gate City Rotary Foundation Inc?
Gate City Rotary Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.gatecityrotary.com
Learn more at the official website: www.gatecityrotary.com
Mission Statement of Gate City Rotary Foundation Inc
Gate City Rotary Foundation Inc is committed to supporting worthy charitable organizations beyond its local community and providing college scholarships to deserving students within its vicinity. The organization's mission is multifaceted, aiming to contribute to the betterment of society through charitable contributions. Gate City Rotary Foundation Inc accomplishes this by accepting annual grant requests from its members who are actively involved with these charitable organizations. A select committee of Gate City Rotary's past presidents then reviews and approves these requests, ensuring that the funds are allocated to causes that align with their mission. The foundation's dedication to education is also evident in its commitment to providing financial assistance to deserving students, empowering the next generation with educational opportunities.
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Impact
August, 2024
Gate City Rotary Foundation Inc's impact is significant in supporting worthwhile charitable organizations throughout the community and the world, as well as providing college scholarships to deserving students in the local community. The foundation has played a crucial role in supporting charitable organizations in the Piedmont Triad region of North Carolina. Grant requests are carefully reviewed annually by members of Gate City Rotary who have personal involvement with the charities, ensuring that the support is directed where it is most needed. Additionally, the foundation's selection process, overseen by a select committee of Gate City Rotary past presidents, helps to ensure that the impact is strategic and effective. Overall, Gate City Rotary Foundation Inc's philanthropic efforts make a positive difference in the lives of individuals and communities, embodying their mission to support worthwhile causes and empower local students through scholarships.
This information is meant to be a general summary of Gate City 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 2024.
- Investment Income: $8,714
- Gross Receipts: $41,855
Assets and Liabilities:
- Total Assets: $393,167
- Total Liabilities: $0
- Net Assets: $393,167
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Organization Details
Founding Year
2006
Principal Officer
Brad Gile
Website
www.gatecityrotary.comNTEE Category
Code: T12 - Philanthropy
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