Overview
What is Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation?
The Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation, established in Chenango Bridge, New York, focuses solely on providing scholarships. This nonprofit organization extends its aid to students residing within the Chenango Valley and Chenango Forks School Districts in Broome County, New York State. By offering scholarships, the foundation aims to support the educational pursuits of its local community, fostering academic growth and opportunities for its recipients.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation has received an overall rating of 80%, reflecting a solid performance in its accountability and finance practices. This rating is notably based entirely on the accountability and finance beacon, indicating that the organization has transparent operations and sound financial management.
Strengths of the foundation include having a fully independent board, with all ten members meeting this criterion, and excellent scores in key areas such as document retention and asset management. The foundation demonstrates fiscal responsibility, evidenced by a low liabilities-to-assets ratio of 6.08% and an impressive program expense ratio of 100%, ensuring that all funds are directed toward its charitable missions.
While the foundation scored high in all measured categories, the rating does not provide insight into program effectiveness or impact, which are important factors for potential donors to consider. Overall, the foundation appears to be well-managed, but further information about its programs and outcomes would provide clearer guidance for those looking to contribute.
This AI summary has been generated from information found on Charity Navigator.
Is Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation legitimate?
Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nimmonsburg Rotary Club Dr Robert Smith Memorial 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.
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 Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation?
The Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation's primary mission is to offer scholarships to residents hailing from the Chenango Valley and Chenango Forks School Districts, located in Broome County, New York State. Their sole purpose and activity revolve around financially supporting deserving students in their pursuit of higher education. The foundation serves as a beacon of assistance, providing educational opportunities that may otherwise be unattainable.
Who is the CEO of Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation?
Diana Robertson is the Treasurer of Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation.
What is the revenue of Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation?
Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation's revenue in 2022 was $31,521.
Who are the executives of Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation 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 Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation?
Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation
The Nimmonsburg Rotary Club Dr. Robert Smith Memorial Foundation is dedicated to fulfilling its mission by providing scholarships to individuals residing in the Chenango Valley and Chenango Forks School Districts, located in Broome County, New York State. This nonprofit organization's sole purpose is to support the educational aspirations of these residents, aiming to alleviate the financial burdens that may hinder their pursuit of higher education. By offering scholarships, this foundation plays a significant role in empowering young people and contributing to the development of their potential, thereby fostering a stronger and more prosperous community.
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
August, 2024
The Nimmonsburg Rotary Club Dr. Robert Smith Memorial Foundation has had a significant impact on the educational pursuits of students in the Chenango Valley and Chenango Forks school districts in Broome County, New York. By providing scholarships to residents of these areas, the foundation has empowered students to pursue their academic goals and achieve higher education. This support not only benefits the individual recipients but also contributes to the overall educational advancement and development of the community. Through its singular focus on providing scholarships, the foundation plays a crucial role in promoting access to education and enabling students to reach their full potential.
This information is meant to be a general summary of Nimmonsburg Rotary Club Dr Robert Smith Memorial 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 2022.
- Investment Income: $31,221
- Gross Receipts: $37,283
Assets and Liabilities:
- Total Assets: $615,630
- Total Liabilities: $42,500
- Net Assets: $573,130
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1973
Phone
(607) 724-6784Principal Officer
Diana Robertson
Main Address
PO BOX 75, CHENANGO BRIDGE, NY, 13745
NTEE Category
Code: B82 - Education
If you are a representative of Nimmonsburg Rotary Club Dr Robert Smith Memorial Foundation 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.