Fort Mill Rotary Club Foundation

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Fort Mill Rotary Club Foundation has achieved a solid Three-Star rating, primarily reflecting its strong accountability and finance practices. The score indicates that the organization demonstrates transparency and responsible financial management, as evidenced by a perfect score in most relevant categories, including material diversion of assets and liabilities to assets ratio.

Strengths of the foundation include a fully independent board and a high program expense ratio, with 97.65% of its expenses directed towards programs. This commitment to using funds effectively is a positive indicator of the organization's dedication to its mission and the community it serves. The foundation also publishes its board meeting minutes and lists its website on tax forms, further reinforcing its accountability.

Despite these strengths, the rating is derived solely from the accountability and finance beacon, which may suggest a lack of comprehensive evaluation in other areas such as impact or organizational capacity. While financial health is crucial, potential donors and stakeholders should consider seeking additional information about the foundation's overall effectiveness and community impact.

This AI summary has been generated from information found on Charity Navigator.

Fort Mill Rotary Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Mill Rotary Club 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

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Official website here: www.facebook.com/fortmillrotaryclub/