Overview
What is Rotary Club Of Toms River Charitable Foundation Inc?
The Rotary Club of Toms River Charitable Foundation Inc is a nonprofit organization devoted to charitable pursuits, fostering financial support, and promoting educational and literary endeavors. Their work encompasses various aspects, including awarding scholarships, contributing to local charities, and supporting Rotary District and international scholarships. Their mission is multifaceted, aiming to enhance the lives and opportunities of individuals and communities through financial aid and educational programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Rotary Club of Toms River Charitable Foundation Inc has received a 73% rating from Charity Navigator, reflecting a Two-Star rating primarily based on its Accountability & Finance score of 100%. The organization demonstrates strong governance, with a fully independent board and no material diversion of assets, indicating solid fiscal responsibility.
However, while the foundation excels in several financial metrics, including a high program expense ratio of 96.70%, it lacks several essential governance policies. Specifically, the foundation does not provide a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy, which are critical for transparency and organizational integrity.
The lack of these policies, alongside the missing tax form on the nonprofit's website, highlights areas for improvement. While the organization shows a commitment to financial accountability, enhancing its governance practices could further strengthen its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary Club Of Toms River Charitable Foundation Inc legitimate?
Rotary Club Of Toms River Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Toms River Charitable 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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What is the mission statement of Rotary Club Of Toms River Charitable Foundation Inc?
The Rotary Club Of Toms River Charitable Foundation Inc's mission is centered around promoting and carrying out charitable, scientific, literary, and educational work. This foundation actively fosters financial support and engages in these noble pursuits. Their charitable activities extend to scholarships, local charities, and international scholarships through Rotary Districts and internationally.
Who is the CEO of Rotary Club Of Toms River Charitable Foundation Inc?
Christian Christiansen is the President of Rotary Club Of Toms River Charitable Foundation Inc.
What is the revenue of Rotary Club Of Toms River Charitable Foundation Inc?
Rotary Club Of Toms River Charitable Foundation Inc's revenue in 2022 was $69,878.
Who are the executives of Rotary Club Of Toms River Charitable Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Rotary Club Of Toms River Charitable Foundation Inc?
Rotary Club Of Toms River Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rotary Club Of Toms River Charitable Foundation Inc
The Rotary Club of Toms River Charitable Foundation Inc is committed to advancing charitable, scientific, literary, and educational causes. Their mission encompasses two main areas: fostering and providing financial support, as well as carrying out charitable activities. This nonprofit organization offers scholarships to deserving individuals, supports local charities, and extends its reach to Rotary Districts and international scholarship programs. By providing financial aid and engaging in various charitable activities, the Rotary Club of Toms River Charitable Foundation Inc aims to make a positive impact in its respective fields, contributing to the betterment of society.
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Impact
August, 2024
The impact of Rotary Club Of Toms River Charitable Foundation Inc is significant in promoting, fostering, and supporting charitable, scientific, literary, and educational initiatives. Through scholarships, donations to local charities, and contributions to Rotary District and international projects, the foundation plays a crucial role in improving the community's welfare. By actively engaging in various charitable activities, the foundation contributes to community improvement and creates a positive impact on society.
This information is meant to be a general summary of Rotary Club Of Toms River Charitable 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: $12,291
- Gross Receipts: $132,554
Assets and Liabilities:
- Total Assets: $601,796
- Total Liabilities: $23,635
- Net Assets: $578,161
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Organization Details
Founding Year
1991
Phone
(732) 272-6104Principal Officer
Christian Christiansen
Main Address
1358 HOOPER AVENUE SUITE 319, Toms River, NJ, 087532882
NTEE Category
Code: S800 - Community improvement
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