Overview
What is Kiwanis Foundation Of Fredericksburg?
The Kiwanis Foundation of Fredericksburg is a nonprofit organization situated in Fredericksburg, Virginia. Their primary focus is to aid and support needy organizations, with a particular interest in those catering to youth in the local area. The foundation demonstrates its commitment by contributing a significant sum of 34,000 dollars to these organizations. The foundation's mission is to contribute positively to the community by offering assistance to those in need, specifically youth-focused organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star Rating
The Kiwanis Foundation of Fredericksburg has received a low rating of 53%, indicating significant concerns regarding its accountability and finance practices. The organization lacks independent board members and has not implemented key governance policies, including conflict of interest and whistleblower protections. However, it does demonstrate a strong program expense ratio, indicating that all its expenses are directed towards its programs.
While the foundation has maintained a clean record in terms of material asset diversion, it has several shortcomings in transparency and governance practices. The absence of a publicly listed website, missing financial documents, and policies raises questions about its operational integrity. These issues are critical as they can impact donor confidence and the overall effectiveness of the nonprofit.
In summary, while the Kiwanis Foundation of Fredericksburg is dedicated to its cause, the lack of accountability measures and transparency practices presents significant concerns. Potential donors should carefully consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Kiwanis Foundation Of Fredericksburg legitimate?
Kiwanis Foundation Of Fredericksburg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Foundation Of Fredericksburg 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 Kiwanis Foundation Of Fredericksburg?
The Kiwanis Foundation of an unspecified location aims to assist needy and youth-oriented organizations. Their mission is centered around providing support to these organizations within their community. As per the provided information, they have contributed a significant sum of 34,000 to five such organizations in the Fredericksburg, Virginia area, further underscoring their commitment to this cause. The foundation's activities are geared towards uplifting and aiding these organizations, thereby contributing positively to the community at large.
Who is the CEO of Kiwanis Foundation Of Fredericksburg?
Donald Newlin is the President of Kiwanis Foundation Of Fredericksburg.
What is the revenue of Kiwanis Foundation Of Fredericksburg?
Kiwanis Foundation Of Fredericksburg's revenue in 2022 was $98,889.
Who are the executives of Kiwanis Foundation Of Fredericksburg and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Kiwanis Foundation Of Fredericksburg?
Kiwanis Foundation Of Fredericksburg's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kiwanis Foundation Of Fredericksburg
The Kiwanis Foundation of Fredericksburg is committed to assisting needy and youth-oriented organizations in its area. Its mission, as stated, is to provide support and aid to these organizations, thereby contributing positively to the community. The foundation's activities are geared towards making a difference in the lives of the less fortunate and the youth in particular. Over the years, it has shown its commitment by contributing substantial amounts to various organizations that align with its mission. Specifically, the foundation has donated between 34,000 and 50,000 dollars to five youth-oriented organizations in the Fredericksburg, Virginia area. This consistent support reflects its dedication to uplifting the community and fostering growth among its youth.
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Impact
October, 2024
The Kiwanis Foundation of Fredericksburg has made a significant impact by providing essential support to needy and youth organizations in the Fredericksburg, Virginia area. Recently, the foundation contributed $34,000 to five youth-oriented organizations, directly enhancing their ability to serve the community. This financial assistance fosters growth, development, and positive outcomes for local youth, addressing crucial needs and promoting community improvement. The foundation's mission strengthens the social fabric of Fredericksburg, ensuring that young people have access to meaningful resources and opportunities.
This information is meant to be a general summary of Kiwanis Foundation Of Fredericksburg. 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: $77,224
- Gross Receipts: $98,889
Assets and Liabilities:
- Total Assets: $928,492
- Total Liabilities: $0
- Net Assets: $928,492
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Organization Details
Founding Year
1969
Phone
(540) 371-3195Principal Officer
Donald Newlin
Main Address
P O BOX 861, FREDERICKSBURG, VA, 22404
NTEE Category
Code: S80 - Community improvement
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