Overview
What is Rotary Foundation Of Oakwood?
The Rotary Foundation of Oakwood is a compassionate nonprofit organization based in Dayton, Ohio. Their primary purpose is to provide financial backing to local 501(C)(3) charities that cater to the needs of individuals and families within the Dayton community. Through their mission, the Rotary Foundation supports various charitable causes in the Dayton area, aiming to uplift and assist those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Rotary Foundation of Oakwood has received a Two-Star rating primarily due to its strong performance in Accountability & Finance metrics, reflecting a commitment to responsible financial management. The organization boasts a high Program Expense Ratio of 89.64%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the foundation has an independent board with a complete score of 10 out of 10 for both majority independent members and board size, indicating a sound governance structure.
However, the foundation has notable areas for improvement. It has received zero points for missing key governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. Furthermore, the absence of the tax form on the nonprofit’s website limits transparency. While its financial metrics are strong, these governance shortcomings could raise concerns among potential donors regarding oversight and accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary Foundation Of Oakwood legitimate?
Rotary Foundation Of Oakwood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Foundation Of Oakwood 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 Rotary Foundation Of Oakwood?
The Rotary Foundation of Oakwood is committed to supporting various charitable causes in the Dayton area. This mission extends to assisting local individuals and families in need. In pursuit of this goal, the foundation provides financial aid to eligible 501(c)(3) charities operating within the Dayton community. By doing so, they aim to contribute to the betterment of the lives of those residing in the area. The foundation's activities are primarily focused on offering financial assistance to organizations that cater to the needs of the Dayton community's population.
Who is the CEO of Rotary Foundation Of Oakwood?
Marty Beyer is the Trustee of Rotary Foundation Of Oakwood.
What is the revenue of Rotary Foundation Of Oakwood?
Rotary Foundation Of Oakwood's revenue in 2022 was $66,553.
Who are the executives of Rotary Foundation Of Oakwood and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Rotary Foundation Of Oakwood?
Rotary Foundation Of Oakwood's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rotary Foundation Of Oakwood
The Rotary Foundation of Oakwood is committed to supporting a variety of charitable causes in the Dayton area. Their mission is to extend financial aid to local 501(c)(3) charities that work tirelessly to assist individuals and families in need within the Dayton community. By providing this support, the Rotary Foundation of Oakwood aims to make a significant impact on the lives of those who may be struggling, thereby enhancing the overall well-being of the community as a whole. Through their charitable endeavors, the foundation seeks to foster a sense of compassion and unity, inspiring others to contribute to the betterment of their community.
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Impact
August, 2024
The Rotary Foundation of Oakwood is making a significant impact in the Dayton area by supporting various charitable causes that assist local individuals and families. Through providing financial support to local 501(c)(3) charities, the foundation is helping to improve the lives of those in need within the community. Their mission to support charitable causes in Dayton is commendable and their efforts contribute to community improvement in a meaningful way.
This information is meant to be a general summary of Rotary Foundation Of Oakwood. 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: $37,430
- Gross Receipts: $226,984
Assets and Liabilities:
- Total Assets: $565,515
- Total Liabilities: $0
- Net Assets: $565,515
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Organization Details
Founding Year
1980
Phone
(937) 461-7266Principal Officer
Marty Beyer
Main Address
PO BOX 925, DAYTON, OH, 45409
NTEE Category
Code: S80 - Community improvement
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