Overview
What is Defiance Rotary Foundation?
Defiance Rotary Foundation is a local nonprofit organization situated in the Defiance area. Its primary objective is to generate funds through various means, such as soliciting donations and organizing fundraising events. The collected funds are then allocated to charitable and educational institutions within the Defiance community, aiming to improve their operations and positively impact local residents. Furthermore, the foundation supports Rotary International's worldwide initiatives by contributing to their causes. Overall, Defiance Rotary Foundation's mission is to better the lives of people in its area and contribute to Rotary International's global endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects concerns regarding the organization's financial transparency and governance practices, despite it having a majority independent board and a solid program expense ratio.
The Defiance Rotary Foundation demonstrates strengths in governance with full marks for independent board size and material diversion of assets. However, its accountability and transparency are questioned due to missing policies related to conflicts of interest, whistleblower protection, and document retention, alongside the absence of a website listed on its tax form.
Overall, while the foundation maintains a strong structure in certain areas, the lack of essential transparency measures may hinder trust and accountability among stakeholders. Addressing these gaps could enhance its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Defiance Rotary Foundation legitimate?
Defiance Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Defiance 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Defiance Rotary Foundation?
The Defiance Rotary Foundation's mission is centered around raising funds through various means, such as soliciting donations and organizing events. These funds are then directed towards charitable and educational organizations within the community, with the aim of improving the lives of its residents. Furthermore, the foundation supports Rotary International's global initiatives, contributing to its worldwide efforts. In essence, its purpose is to enhance its local community and contribute to Rotary International's global projects.
Who is the CEO of Defiance Rotary Foundation?
Terry Melton is the Secretary of Defiance Rotary Foundation.
What is the revenue of Defiance Rotary Foundation?
Defiance Rotary Foundation's revenue in 2022 was $101,226.
Who are the executives of Defiance Rotary Foundation and what are their salaries?
There 5 volunteers at Defiance Rotary Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Defiance Rotary Foundation?
Defiance Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Defiance Rotary Foundation
The Defiance Rotary Foundation is dedicated to collecting funds through various means, such as soliciting gifts and organizing fundraising events. Their primary objective is to contribute these funds to charitable and educational organizations within their area of influence. By doing so, they aim to enhance the well-being and benefits of the community's residents. Moreover, the Defiance Rotary Foundation plays a significant role in supporting Rotary International's global initiatives. This mission is instrumental in improving the lives of people in the Defiance area and beyond, promoting a sense of unity and community development.
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Impact
October, 2024
Defiance Rotary Foundation significantly impacts the community by raising funds that support charitable and educational organizations in the Defiance area. Through solicitation of gifts and various fundraising activities, the foundation channels financial resources to initiatives that enhance the quality of life for local residents. This support not only benefits individuals and groups within Defiance but also aligns with the global mission of Rotary International, promoting the spirit of philanthropy and community service on a broader scale. The foundation's efforts contribute to the betterment of the region, fostering a culture of giving and support that uplifts the entire community.
This information is meant to be a general summary of Defiance 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: $19,693
- Gross Receipts: $347,817
Assets and Liabilities:
- Total Assets: $370,429
- Total Liabilities: $0
- Net Assets: $370,429
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Organization Details
Founding Year
1996
Phone
(419) 782-2000Principal Officer
Terry Melton
Main Address
101 CLINTON STREET SUITE 2000, DEFIANCE, OH, 43512
NTEE Category
Code: T30Z - Philanthropy
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