Overview
What is Buffalo Rotary Foundation Inc?
Buffalo Rotary Foundation Inc, located at 14 Lafayette Square 2200, Buffalo, NY 14203, is a charitable organization dedicated to awarding grants for various noble causes. Its mission is to support religious, charitable, scientific, literary, educational, and animal welfare projects, as well as initiatives aimed at preventing cruelty towards children. The foundation operates exclusively for charitable purposes, distributing grants that contribute positively to society.
Official website here: www.buffalonyrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Buffalo Rotary Foundation Inc has received an 83% rating, corresponding to a Three-Star designation, indicating a solid level of accountability and financial health. This score is derived from a single beacon score, which focuses entirely on the organization's Accountability & Finance. The foundation demonstrates strong governance practices, with 100% of its board members being independent, and no material diversion of assets reported.
The foundation also shows effective financial management, highlighted by a favorable liabilities to assets ratio of 0.40% and a program expense ratio of 72.51%. These figures suggest that a significant portion of its resources is directed towards its programs, aligning with best practices for nonprofit organizations. However, the absence of a whistleblower policy and a document retention and destruction policy are noted shortcomings.
Overall, the Buffalo Rotary Foundation Inc displays a commitment to transparency and accountability, with strengths in independent oversight and operational efficiency. While there are minor areas for improvement in policy documentation, the organization appears to maintain a strong focus on its mission and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo Rotary Foundation Inc legitimate?
Buffalo Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo 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.
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Official website here: www.buffalonyrotary.org
What is the mission statement of Buffalo Rotary Foundation Inc?
The Buffalo Rotary Foundation Inc is dedicated to serving charitable purposes. It awards grants to support various sectors such as religion, charity, science, literature, education, and the prevention of cruelty towards children and animals. The organization's primary goal is to contribute to these causes, working towards making a positive impact in these areas. The foundation's activities are centered around these charitable grants, aiming to make a difference where it matters most.
Official website here: www.buffalonyrotary.org
Who is the CEO of Buffalo Rotary Foundation Inc?
Nora Eberl is the President of Buffalo Rotary Foundation Inc.
Official website here: www.buffalonyrotary.org
What is the revenue of Buffalo Rotary Foundation Inc?
Buffalo Rotary Foundation Inc's revenue in 2023 was $65,869.
Official website here: www.buffalonyrotary.org
Who are the executives of Buffalo Rotary Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.buffalonyrotary.org
Where can I find the form 990 for Buffalo Rotary Foundation Inc?
Buffalo Rotary Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.buffalonyrotary.org
Learn more at the official website: www.buffalonyrotary.org
Mission Statement of Buffalo Rotary Foundation Inc
Buffalo Rotary Foundation Inc is a charitable organization with a mission to make a positive impact on various sectors. It is organized and operated primarily for charitable purposes, with grants awarded for religious, scientific, literary, educational, and preventative cruelty causes, as well as for the welfare of children and animals. The foundation's objective is to support initiatives that align with these categories, aiming to contribute to societal betterment and upliftment. By awarding grants for these causes, Buffalo Rotary Foundation Inc plays a significant role in promoting and facilitating charitable activities, ultimately contributing to the betterment of the community and society at large.
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Impact
August, 2024
Buffalo Rotary Foundation Inc's impact is felt through the grants it awards for religious, charitable, scientific, literary, educational purposes, and the prevention of cruelty to children or animals. This support contributes to the betterment of society and makes a positive difference in the community.
This information is meant to be a general summary of Buffalo 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 2023.
- Investment Income: $31,913
- Gross Receipts: $65,869
Assets and Liabilities:
- Total Assets: $1,105,748
- Total Liabilities: $4,500
- Net Assets: $1,101,248
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Organization Details
Founding Year
1971
Phone
(716) 854-3397Principal Officer
Nora Eberl
Main Address
14 LAFAYETTE SQUARE 2200, BUFFALO, NY, 14203
Website
www.buffalonyrotary.orgNTEE Category
Code: T30 - Philanthropy
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