Overview
What is East Hampton Rotary Club Foundation Inc?
East Hampton Rotary Club Foundation Inc, located in East Hampton, Connecticut, serves as a dedicated nonprofit organization. The primary focus of the foundation is to empower local students through college scholarships and foster community engagement among high school students through a club promoting community service. Additionally, East Hampton Rotary Club Foundation Inc is committed to developing leadership skills in young individuals via Rotary Youth Leadership programs. Their mission extends beyond the local community, encompassing international and vocational service to benefit others. Overall, the foundation's activities encompass scholarships, community service, and leadership development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The East Hampton Rotary Club Foundation Inc has achieved a solid Three-Star rating from Charity Navigator, indicating a reliable level of accountability and financial health. The score is based entirely on its financial practices, reflecting a strong emphasis on transparency and responsible management of funds. This rating is particularly significant as it highlights the foundation's commitment to high standards in its financial operations.
The organization demonstrates impressive governance, with a fully independent board consisting of seven members, which contributes to its effective oversight. Key strengths include a perfect score in areas such as material diversion of assets, conflict of interest policies, and documentation of board meeting minutes. Additionally, the foundation allocates 98.45% of its expenses directly to its programs, showcasing its dedication to maximizing the impact of donations.
While the foundation presents a robust financial profile, there is no additional information available regarding its programmatic effectiveness or impact beyond the financial metrics provided. Overall, the East Hampton Rotary Club Foundation Inc appears to be a well-managed organization focused on maintaining transparency and accountability in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is East Hampton Rotary Club Foundation Inc legitimate?
East Hampton Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Hampton Rotary Club 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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What is the mission statement of East Hampton Rotary Club Foundation Inc?
The East Hampton Rotary Club Foundation Inc's mission encompasses serving the community, international causes, and vocational development. Their activities include offering scholarships to local students, encouraging community service through a high school club, organizing Rotary Youth Leadership programs, and conferring awards to recognize leadership skills. The foundation's primary aim is to contribute to various community initiatives, support international projects, and foster vocational growth.
Who is the CEO of East Hampton Rotary Club Foundation Inc?
Dave Shulman is the Chairperson of East Hampton Rotary Club Foundation Inc.
What is the revenue of East Hampton Rotary Club Foundation Inc?
East Hampton Rotary Club Foundation Inc's revenue in 2022 was $85,729.
Who are the executives of East Hampton Rotary Club Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for East Hampton Rotary Club Foundation Inc?
East Hampton Rotary Club Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East Hampton Rotary Club Foundation Inc
The East Hampton Rotary Club Foundation Inc is dedicated to serving its community, both locally and internationally, as well as promoting vocational opportunities for others. This nonprofit organization's mission is multifaceted, encompassing scholarship activities, community service, and various other initiatives. Specifically, East Hampton Rotary Club Foundation Inc provides college scholarships to local students, fostering educational opportunities for the youth in its community. Additionally, the foundation encourages community service through a high school club, nurturing the next generation of volunteer leaders. The organization also hosts the Rotary Youth Leadership Awards Conference, further honing the leadership skills of its young members. Overall, East Hampton Rotary Club Foundation Inc is committed to bettering its community and the world at large through various service-oriented activities.
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Impact
October, 2024
The East Hampton Rotary Club Foundation Inc has a significant impact on the local community through a variety of initiatives focused on education, service, and leadership. By providing college scholarships to local students, the Foundation helps to ease the financial burden of higher education and encourages academic achievement. The establishment of a high school club promotes community service among young people, instilling a strong sense of civic responsibility and engagement.
Additionally, the Foundation offers the Rotary Youth Leadership Award conference, which equips participants with essential leadership skills and fosters personal development. Through these programs, the Foundation not only supports individual growth but also strengthens community ties by empowering future leaders to contribute positively to society. Their commitment to international and vocational service further extends their reach, making a lasting difference both locally and globally.
This information is meant to be a general summary of East Hampton Rotary Club 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 2022.
- Investment Income: $21,454
- Gross Receipts: $134,290
Assets and Liabilities:
- Total Assets: $872,832
- Total Liabilities: $0
- Net Assets: $872,832
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Organization Details
Founding Year
2006
Phone
(860) 214-2560Principal Officer
Dave Shulman
Main Address
PO BOX 358, EAST HAMPTON, CT, 06242
NTEE Category
Code: B82 - Education
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