Overview
What is Marion Rotary Foundation?
The Marion Rotary Foundation is a nonprofit organization situated in Marion, Ohio. Their primary focus is to distribute funds to local charitable organizations based on their need, the availability of resources, and their alignment with charitable purposes. In addition to financial contributions, the foundation also supports scholarships and other charitable activities, aiming to positively impact their community.
Official website here: www.marionohrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (69%)
The Marion Rotary Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. While the organization excels in accountability and finance, scoring a perfect 100% in that category, weaknesses are evident in their financial reporting practices. Specifically, they received a failing score on several financial statements criteria, which raises concerns regarding transparency.
The foundation demonstrates strong governance with an independent board, scoring maximum points in related categories. However, it has significant shortcomings in its adherence to essential policies such as conflict of interest and whistleblower protections, which are crucial for maintaining organizational integrity and trust. Additionally, the lack of publicly available financial documents on its website could hinder potential donors from making informed decisions.
Overall, while the Marion Rotary Foundation shows solid performance in some key operational aspects, the areas of financial reporting and policy compliance need urgent attention to improve its overall standing and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Marion Rotary Foundation legitimate?
Marion Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion Rotary 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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Official website here: www.marionohrotary.org
What is the mission statement of Marion Rotary Foundation?
The Marion Rotary Foundation's mission is centered around providing scholarships and supporting various charitable activities. In line with this mission, the foundation allocates funds to local organizations that align with their charitable purpose, considering their needs and the availability of funds. The foundation's activities are geared towards making a positive impact in the community, demonstrating a commitment to philanthropy and community development.
Official website here: www.marionohrotary.org
Who is the CEO of Marion Rotary Foundation?
Amber Wertman is the President of Marion Rotary Foundation.
Official website here: www.marionohrotary.org
What is the revenue of Marion Rotary Foundation?
Marion Rotary Foundation's revenue in 2022 was $200,654.
Official website here: www.marionohrotary.org
Who are the executives of Marion Rotary Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.marionohrotary.org
Where can I find the form 990 for Marion Rotary Foundation?
Marion Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marionohrotary.org
Learn more at the official website: www.marionohrotary.org
Mission Statement of Marion Rotary Foundation
The Marion Rotary Foundation, as a philanthropic organization, is committed to providing scholarships and funding for various charitable activities. Its mission, in essence, is to channel financial resources towards worthy causes based on their need, the availability of funds, and the charitable purpose they serve. The foundation's contributions aim to uplift local communities and organizations that align with its mission, thereby contributing to societal betterment.
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Impact
October, 2024
The Marion Rotary Foundation plays a significant role in enhancing the community by providing scholarships and supporting various charitable activities. By allocating funds to local charitable organizations based on need and the availability of resources, the Foundation helps address pressing community challenges and uplift those in need. Its commitment to philanthropy fosters educational opportunities for students through scholarships, directly impacting their futures and promoting growth within Marion, Ohio. The Foundation's approach not only assists individuals but also strengthens local organizations, creating a ripple effect of positive change throughout the region.
This information is meant to be a general summary of Marion Rotary 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: $170,751
- Gross Receipts: $761,978
Assets and Liabilities:
- Total Assets: $1,637,508
- Total Liabilities: $0
- Net Assets: $1,637,508
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Organization Details
Founding Year
1959
Principal Officer
Amber Wertman
Main Address
PO BOX 1091, MARION, OH, 43302
Website
www.marionohrotary.orgNTEE Category
Code: T70Z - Philanthropy
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