Overview
What is Beverly Rotary Club Foundation Inc?
The Beverly Rotary Club Foundation is a charitable organization, established in Beverly. Their mission involves participating in community-focused activities to foster connections, encouraging volunteer work, and promoting philanthropy. They achieve this by granting funds, awards, and donations to local non-profit entities. This non-profit organization serves as a catalyst for positive change in the community by supporting various social programs.
Official website here: www.beverlyrotary.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Beverly Rotary Club Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The overall score is based entirely on the Accountability & Finance beacon, emphasizing the organization's commitment to responsible financial management. The foundation boasts a high percentage of independent board members, which is crucial for governance and transparency.
Strengths highlighted in the evaluation include a perfect score in areas such as independent board size and material diversion of assets. Additionally, the organization has an impressive program expense ratio of 93.52%, indicating that a significant portion of its funds is directed toward its mission rather than administrative costs. The foundation's adherence to policies regarding document retention, meeting minutes, and conflict of interest contributes to its solid governance framework.
However, there is a notable limitation, as the foundation lacks a whistleblower policy, which could enhance its accountability measures. Despite this gap, the overall scoring reflects a well-managed organization with a focus on fulfilling its charitable objectives effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Beverly Rotary Club Foundation Inc legitimate?
Beverly Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beverly 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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Official website here: www.beverlyrotary.com
What is the mission statement of Beverly Rotary Club Foundation Inc?
The Beverly Rotary Club Foundation's mission involves participating in charitable activities through social programs. These programs aim to foster relationships and stimulate volunteer work and giving. The foundation provides charitable donations, awards, and grants to various community non-profits, thereby contributing to their causes. In essence, the foundation's mission is centered around utilizing social programs to generate charitable contributions and support for local non-profit organizations.
Official website here: www.beverlyrotary.com
Who is the CEO of Beverly Rotary Club Foundation Inc?
Edward Cahill is the President of Beverly Rotary Club Foundation Inc.
Official website here: www.beverlyrotary.com
What is the revenue of Beverly Rotary Club Foundation Inc?
Beverly Rotary Club Foundation Inc's revenue in 2023 was $107,332.
Official website here: www.beverlyrotary.com
Who are the executives of Beverly Rotary Club Foundation Inc and what are their salaries?
There 10 volunteers at Beverly Rotary Club Foundation Inc.
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Official website here: www.beverlyrotary.com
Where can I find the form 990 for Beverly Rotary Club Foundation Inc?
Beverly Rotary Club Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.beverlyrotary.com
Learn more at the official website: www.beverlyrotary.com
Mission Statement of Beverly Rotary Club Foundation Inc
The Beverly Rotary Club Foundation, a charitable organization, is dedicated to carrying out philanthropic activities. Through its social programs, it fosters relationships and encourages volunteer work and charitable contributions. The foundation extends its support to local non-profit organizations by providing them with financial donations, awards, and grants. By engaging in these charitable activities, the Beverly Rotary Club Foundation aims to make a positive impact on its community.
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Impact
October, 2024
Beverly Rotary Club Foundation Inc makes a significant impact through its charitable activities in the Beverly, MA community. By cultivating relationships and fostering social programs, it encourages volunteer work and community giving. The foundation provides charitable donations, awards, and grants to local non-profits, enhancing their capacity to serve the community. This support not only addresses immediate needs but also strengthens the overall fabric of the community, empowering organizations and individuals alike to drive positive change. The foundation's focus on philanthropy ensures a sustainable and collaborative approach to enhancing the well-being of the community.
This information is meant to be a general summary of Beverly 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 2023.
- Investment Income: $45,470
- Gross Receipts: $209,697
Assets and Liabilities:
- Total Assets: $582,642
- Total Liabilities: $19,151
- Net Assets: $563,491
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Organization Details
Founding Year
2002
Phone
(978) 927-2233Principal Officer
Edward Cahill
Main Address
PO BOX 201, BEVERLY, MA, 01915
Website
www.beverlyrotary.comNTEE Category
Code: T30 - Philanthropy
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