New York Rotary Foundation Of The Rotary Club Of New York

Charity Navigator Rating: 0 Stars

The New York Rotary Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, with an overall score of 43%. This rating is heavily influenced by its Accountability & Finance score, which also stands at 43%. The organization demonstrates some strengths, including having a fully independent board of directors and no reported material diversion of assets, which indicates a commitment to governance.

However, significant limitations are noted in the financial management aspects of the organization. Specifically, the foundation reports a low program expense ratio of 36.65%, suggesting that a majority of funds may not be dedicated to direct program services. Additionally, the foundation is lacking key policies such as a whistleblower policy and document retention and destruction policy, which are important for transparency and accountability.

Overall, while the New York Rotary Foundation has established certain governance strengths, the low financial efficiency and missing policies raise concerns about its operational effectiveness. Potential donors should consider these factors carefully when evaluating the organization's impact and sustainability.

This AI summary has been generated from information found on Charity Navigator.

New York Rotary Foundation Of The Rotary Club Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Rotary Foundation Of The Rotary Club Of New York 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.nyrotary.org