Overview
What is Camden Rotary Foundation?
The Camden Rotary Foundation is a nonprofit organization based in Camden, Maine. Its primary mission involves supporting the local community through various initiatives, including contributions to local charities, international student exchange programs, and scholarships for high school students. In early 2022, the foundation granted scholarships worth $52,000 to local high school students. By engaging in these activities, the Camden Rotary Foundation aims to positively impact the lives of its community members.
Official website here: www.camdenrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. The Camden Rotary Foundation has received a solid score, indicating a reasonable level of accountability and financial management. The foundation excels in maintaining an independent board, with 100% of its board members being independent, which contributes positively to governance and oversight.
Strengths of the organization include a high program expense ratio of 98.12%, demonstrating a strong commitment to putting funds directly towards its mission. Additionally, it has no reported material diversion of assets and a favorable liabilities to assets ratio of 0.00%, reflecting financial stability. However, there are significant areas for improvement in terms of policy documentation, as the organization lacks a conflict of interest policy, whistleblower policy, and document retention policy.
Despite its strengths, the absence of key governance policies raises concerns about transparency and accountability. The foundation also does not have its tax form posted on its website, which could limit public access to important financial information. Addressing these gaps could enhance the overall trust and credibility of the Camden Rotary Foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Camden Rotary Foundation legitimate?
Camden Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camden Rotary Foundation 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.camdenrotary.org
What is the mission statement of Camden Rotary Foundation?
The Camden Rotary Foundation, in its mission, supports the community by funding local charities, facilitating international student exchange programs, and providing scholarships to local high school students. Through these initiatives, the foundation aims to contribute positively to various aspects of the community. In recent times, the foundation demonstrated its commitment by granting scholarships totaling $52,000 to local high school students in early 2022.
Official website here: www.camdenrotary.org
Who is the CEO of Camden Rotary Foundation?
Judith Tarbox is the President of Camden Rotary Foundation.
Official website here: www.camdenrotary.org
What is the revenue of Camden Rotary Foundation?
Camden Rotary Foundation's revenue in 2023 was $117,868.
Official website here: www.camdenrotary.org
Who are the executives of Camden Rotary Foundation and what are their salaries?
There 65 volunteers at Camden Rotary Foundation.
Here are 13 key members and their salaries:
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Official website here: www.camdenrotary.org
Where can I find the form 990 for Camden Rotary Foundation?
Camden Rotary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.camdenrotary.org
Learn more at the official website: www.camdenrotary.org
Mission Statement of Camden Rotary Foundation
The Camden Rotary Foundation is an organization committed to supporting its community in various ways. Its mission encompasses three key areas: local charities, international student exchange programs, and scholarships for high school students in the local area. Through these initiatives, the foundation aims to contribute positively to its community and make a difference in the lives of its members.
In the realm of local charities, the Camden Rotary Foundation plays an active role in supporting various community projects. However, specific details about these charities are not provided in the information given.
In addition to local charities, the Camden Rotary Foundation also focuses on international student exchange programs. These programs offer opportunities for students from different cultures to interact, learn, and grow together. By fostering cross-cultural understanding, these programs contribute to a more united and peaceful world.
Lastly, the foundation extends its support to local high school students through scholarship programs. In early 2022, the Camden Rotary Foundation granted scholarships totaling 52,000 to deserving students, thereby enabling them to pursue their education and fulfill their potential.
In summary, the Camden Rotary Foundation is a community-focused organization that supports local charities, international student exchange programs, and scholarships for high school students. By doing so, it aims to contribute to the betterment of its community and make a positive impact on the lives of its members.
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Impact
October, 2024
The Camden Rotary Foundation significantly enhances the community by fostering local development and supporting educational opportunities. In early 2022, it allocated $52,000 in scholarships to local high school students, empowering the next generation with financial resources for their education. Additionally, the foundation promotes international understanding through student exchange programs, further enriching the cultural fabric of Camden. By partnering with local charities, it addresses various community needs, driving improvement and collaboration in Camden, ME.
This information is meant to be a general summary of Camden Rotary Foundation. 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: $23,080
- Gross Receipts: $151,110
Assets and Liabilities:
- Total Assets: $599,388
- Total Liabilities: $0
- Net Assets: $599,388
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Organization Details
Phone
(207) 236-9400Principal Officer
Judith Tarbox
Main Address
PO BOX 602, CAMDEN, ME, 048430602
Website
www.camdenrotary.orgNTEE Category
Code: S80 - Community improvement
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