Overview
What is Bronx Rotary Foundation Of Rotary Club Of Bronx Ny?
The Bronx Rotary Foundation of Rotary Club of Bronx NY is a charitable organization, solely operated to support and benefit the Rotary Club of Bronx. Its primary mission is to raise awareness and collect funds for various needy organizations and individuals within the Bronx community, as well as participate in international Rotary programs. The foundation aims to provide financial assistance for local and international causes, contributing to the betterment of communities worldwide.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)
The Bronx Rotary Foundation of Rotary Club of Bronx NY has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The overall score is primarily based on its accountability and finance metrics, which reflect a strong commitment to financial integrity. The foundation excels in several key areas, including maintaining a fully independent board and demonstrating no material diversion of assets.
The organization showcases its fiscal responsibility with an impressive program expense ratio of 95.77%, suggesting that a significant portion of its funds goes directly to its programs rather than administrative costs. Additionally, the foundation has a favorable liabilities to assets ratio of 0.00%, indicating strong financial health. Documentation of board meeting minutes adds to the transparency and accountability of the organization.
Despite these strengths, the overall score of 73% suggests that there may be areas for improvement. While the financial metrics are solid, potential donors might seek more information on the foundation's impact and effectiveness in its community initiatives, as those aspects are not explicitly highlighted in the financial ratings.
This AI summary has been generated from information found on Charity Navigator.
Is Bronx Rotary Foundation Of Rotary Club Of Bronx Ny legitimate?
Bronx Rotary Foundation Of Rotary Club Of Bronx Ny is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronx Rotary Foundation Of Rotary Club Of Bronx Ny 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
For more financial information, click here
What is the mission statement of Bronx Rotary Foundation Of Rotary Club Of Bronx Ny?
The Bronx Rotary Foundation, in association with the Rotary Club of Bronx NY, operates primarily to benefit and support its affiliated Rotary club. Its mission is to collect funds for both local and international charitable needs. The foundation actively works towards raising awareness and generating funds for deserving organizations and individuals within the Bronx community and international Rotary programs. By doing so, it aims to contribute to improving living conditions and well-being globally.
Who is the CEO of Bronx Rotary Foundation Of Rotary Club Of Bronx Ny?
Sal Farenga is the Treasurer of Bronx Rotary Foundation Of Rotary Club Of Bronx Ny.
What is the revenue of Bronx Rotary Foundation Of Rotary Club Of Bronx Ny?
Bronx Rotary Foundation Of Rotary Club Of Bronx Ny's revenue in 2023 was $71,846.
Who are the executives of Bronx Rotary Foundation Of Rotary Club Of Bronx Ny and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bronx Rotary Foundation Of Rotary Club Of Bronx Ny?
Bronx Rotary Foundation Of Rotary Club Of Bronx Ny's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bronx Rotary Foundation Of Rotary Club Of Bronx Ny
The Bronx Rotary Foundation of Rotary Club of Bronx NY operates with the primary objective of benefiting and supporting the Rotary Club of the Bronx. This organization is dedicated to raising funds for both local and international needs. Its mission extends beyond financial aid, as it seeks to raise awareness and collect donations for charitable organizations and individuals within the Bronx community, as well as contributing to international Rotary programs. By doing so, the foundation helps alleviate hardships and contributes to various causes, thereby positively impacting the lives of many.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Bronx Rotary Foundation significantly enhances community well-being by raising awareness and funds to support charitable organizations and individuals in need within the Bronx. Through dedicated efforts, it connects with both local and international Rotary programs, addressing pressing needs and fostering a spirit of community improvement. By focusing on key initiatives, the Foundation plays a vital role in uplifting the Bronx community and providing essential resources, ultimately making a meaningful impact on the lives of those it serves.
This information is meant to be a general summary of Bronx Rotary Foundation Of Rotary Club Of Bronx Ny. 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 2023.
- Investment Income: $30,116
- Gross Receipts: $71,846
Assets and Liabilities:
- Total Assets: $537,983
- Total Liabilities: $0
- Net Assets: $537,983
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1958
Phone
(914) 654-8894Principal Officer
Sal Farenga
Main Address
PO BOX 49, BRONX, NY, 104640049
NTEE Category
Code: S80Z - Community improvement
If you are a representative of Bronx Rotary Foundation Of Rotary Club Of Bronx Ny and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.