Overview
What is Trc 1965 Foundation Inc?
The TRC 1965 Foundation, headquartered in Temple, Texas, is a nonprofit organization committed to boosting the initiatives and philanthropic endeavors of Rotary District 5870's Rotary Club 1965. Their primary focus includes offering scholarships to Temple College students and extending support to various other charitable organizations. By doing so, the foundation contributes to the well-being and development of the community, embodying the spirit of Rotary District 5870.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Trc 1965 Foundation Inc has received a 73% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The score is derived solely from their performance in the Accountability & Finance category, where they scored well in several areas, including a perfect score for the majority of independent board members and a strong program expense ratio of 87.89%. These metrics suggest that the organization is utilizing its resources effectively toward its mission.
However, the foundation also has notable limitations. It scored poorly in several governance-related areas, such as the absence of a conflict of interest policy, whistleblower policy, and document retention policy. Additionally, the foundation's tax form is not listed on its website, which is a requirement for transparency. These missing policies and documents may raise concerns regarding the organization's governance practices and overall transparency.
In summary, while the Trc 1965 Foundation Inc demonstrates strong financial accountability through its operational metrics, the lack of essential governance policies and transparency measures detracts from its overall rating. Potential donors may want to consider these factors when assessing the organization's credibility and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Trc 1965 Foundation Inc legitimate?
Trc 1965 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trc 1965 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Trc 1965 Foundation Inc?
The TRC 1965 Foundation's mission is centered around supporting the initiatives and charitable endeavors of Rotary District 5870, specifically those of the Rotary Club 1965 in Temple, Texas. Their primary objective is to promote these programs. Additionally, the foundation plays a significant role in providing educational scholarships for students at Temple College and offers assistance to various non-profit organizations.
Who is the CEO of Trc 1965 Foundation Inc?
Barbara Bozon is the President of Trc 1965 Foundation Inc.
What is the revenue of Trc 1965 Foundation Inc?
Trc 1965 Foundation Inc's revenue in 2022 was $34,769.
Who are the executives of Trc 1965 Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Trc 1965 Foundation Inc?
Trc 1965 Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trc 1965 Foundation Inc
The TRC 1965 Foundation is committed to advocating for and supporting the charitable initiatives and programs of the Rotary Club 1965 of Temple, Texas. In line with this mission, the foundation focuses on promoting the positive impact and contributions made by this Rotary club within its district. One of the key ways the TRC 1965 Foundation fulfills its mission is by providing scholarships to students at Temple College. This financial aid not only enables deserving individuals to pursue their education but also contributes to the overall development of the community. In addition to supporting academic growth, the foundation extends its generosity to other non-profit organizations. By backing these organizations, the TRC 1965 Foundation plays a crucial role in strengthening the social fabric of the community and addressing various societal needs.
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Impact
August, 2024
Trc 1965 Foundation Inc's impact is profoundly felt in the Temple, TX community through its unwavering commitment to promoting the programs and charitable activities of the Rotary Club 1965. By providing scholarships for Temple College students and supporting other non-profits, the foundation plays a crucial role in empowering individuals to pursue higher education and assisting organizations dedicated to improving the well-being of the community. Through its dedication to promoting human services and fostering a culture of giving back, Trc 1965 Foundation Inc significantly enhances the lives of individuals and the overall community in Temple, TX.
This information is meant to be a general summary of Trc 1965 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: $27,297
- Gross Receipts: $104,302
Assets and Liabilities:
- Total Assets: $292,782
- Total Liabilities: $0
- Net Assets: $292,782
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Organization Details
Phone
(254) 598-7435Principal Officer
Barbara Bozon
Main Address
P O BOX 103, TEMPLE, TX, 76503
NTEE Category
Code: P20 - Human services
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