Overview
What is River Hillslake Wylie Lions Community Foundation?
The River Hillslake Wylie Lions Community Foundation is a charitable organization situated in Lake Wylie, South Carolina. Its primary mission is to collect funds, which are subsequently utilized to support the initiatives of River Hills/Lake Wylie Lions Charities, Inc. This nonprofit organization extends its reach to various local, state, and national charities. The Community Foundation accepts donations, invests the funds received, and distributes the earnings to River Hills/Lake Wylie Lions Charities, Inc. for their charitable endeavors. The Lions Charities, in turn, distribute these funds to numerous deserving charities.
Official website here: www.rhlwlions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The River Hillslake Wylie Lions Community Foundation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is based entirely on the organization's Accountability & Finance metrics, indicating a strong focus on maintaining financial integrity and transparency. The charity particularly excels in having a fully independent board, with 100% of its members meeting this criterion, as well as no material diversion of assets reported.
Strengths highlighted in the review include an impressive program expense ratio of 84.10%, which suggests that a substantial majority of its expenses are directed towards its charitable programs. The foundation also demonstrates robust governance practices, with all necessary policies in place, including a conflict of interest policy. However, it is noted that the organization is missing both a whistleblower policy and a document retention and destruction policy, which are areas that could benefit from improvement to enhance its accountability framework.
Overall, while the River Hillslake Wylie Lions Community Foundation shows solid financial practices and governance, addressing the noted policy gaps would strengthen its commitment to transparency and accountability further. The charity's strong performance in the current fiscal year suggests a stable and effective organization in its mission to serve the community.
This AI summary has been generated from information found on Charity Navigator.
Is River Hillslake Wylie Lions Community Foundation legitimate?
River Hillslake Wylie Lions Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Hillslake Wylie Lions Community 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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For more financial information, click here
Official website here: www.rhlwlions.org
What is the mission statement of River Hillslake Wylie Lions Community Foundation?
The River Hillslake Wylie Lions Community Foundation serves to support the charitable efforts of the River Hills/Lake Wylie Lions Charities Inc. This community foundation accepts charitable donations and invests the funds received. The earnings from these investments are then provided to River Hills/Lake Wylie Lions Charities Inc to utilize for their charitable works. This organization, in turn, raises and distributes money to various local, state, and national charities. Essentially, the River Hillslake Wylie Lions Community Foundation acts as a financial facilitator, channeling donations and investments to support the charitable causes championed by the River Hills/Lake Wylie Lions Charities Inc.
Official website here: www.rhlwlions.org
Who is the CEO of River Hillslake Wylie Lions Community Foundation?
Allan Sutherland is the Chairperson of River Hillslake Wylie Lions Community Foundation.
Official website here: www.rhlwlions.org
What is the revenue of River Hillslake Wylie Lions Community Foundation?
River Hillslake Wylie Lions Community Foundation's revenue in 2022 was $213,282.
Official website here: www.rhlwlions.org
Who are the executives of River Hillslake Wylie Lions Community Foundation and what are their salaries?
There 12 volunteers at River Hillslake Wylie Lions Community Foundation.
Here are 12 key members and their salaries:
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Official website here: www.rhlwlions.org
Where can I find the form 990 for River Hillslake Wylie Lions Community Foundation?
River Hillslake Wylie Lions Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rhlwlions.org
Learn more at the official website: www.rhlwlions.org
Mission Statement of River Hillslake Wylie Lions Community Foundation
The River Hillslake Wylie Lions Community Foundation plays a vital role in supporting the charitable endeavors of River Hills/Lake Wylie Lions Charities, Inc. This community foundation accepts charitable donations and invests the funds received. The earnings derived from these investments are then allocated to River Hills/Lake Wylie Lions Charities, Inc., enabling them to carry out their philanthropic works. This nonprofit organization, River Hillslake Wylie Lions Community Foundation, aids its partner, River Hills/Lake Wylie Lions Charities, Inc., in raising and distributing funds to a multitude of local, state, and national charities. By investing donations and distributing the earnings, the foundation contributes significantly to the charitable activities undertaken by River Hills/Lake Wylie Lions Charities, Inc.
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Impact
October, 2024
The River Hills/Lake Wylie Lions Community Foundation plays a vital role in supporting various charitable endeavors within the local community and beyond. By raising funds and accepting donations, the foundation ensures a consistent flow of resources to the River Hills/Lake Wylie Lions Charities, Inc., which in turn distributes these funds to local, state, and national charities.
Through strategic investments, the foundation not only amplifies the impact of the contributions it receives but also builds a sustainable model for charitable giving. The earnings generated from these investments are channeled back into community support, enabling a wide array of services and initiatives that address pressing needs and improve lives.
Overall, the foundation’s commitment to fostering generosity and community spirit enhances the quality of life for individuals and families, while empowering local charities to expand their outreach and effectiveness. With a clear focus on human services, the River Hills/Lake Wylie Lions Community Foundation continues to make a significant difference in the lives of many.
This information is meant to be a general summary of River Hillslake Wylie Lions Community 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: $47,903
- Gross Receipts: $962,784
Assets and Liabilities:
- Total Assets: $1,107,119
- Total Liabilities: $0
- Net Assets: $1,107,119
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Organization Details
Founding Year
2007
Phone
(803) 610-1220Principal Officer
Allan Sutherland
Main Address
PO BOX 5183, LAKE WYLIE, SC, 29710
Website
www.rhlwlions.orgNTEE Category
Code: P20 - Human services
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