Overview
What is Cleveland Rotary Foundation?
The Cleveland Rotary Foundation is a benevolent organization based in Avon Lake, Ohio. They are dedicated to supporting various charitable and educational initiatives across Northeastern Ohio. Throughout the fiscal year, Rotarians contribute their time and efforts to numerous projects, such as blood donation drives, volunteering at local food banks, serving meals to the needy, recognizing outstanding students, honoring public servants, and enhancing urban green spaces near rapid transit lines. Their primary mission is to provide funding, thereby contributing to the betterment of their community.
Official website here: www.rotaryclubofcleveland.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
The Cleveland Rotary Foundation has received an 83% rating, indicating a solid performance particularly in the Accountability & Finance category. This score is significant as it reflects the organization’s transparency and sound financial management, which are critical for donor trust and long-term sustainability.
One of the foundation's strengths is its board governance, featuring 100% independent board members and a robust board size. The organization also received top scores in various metrics, including having no material diversion of assets and maintaining a low liabilities to assets ratio of 0.07%. These factors contribute to a strong financial position, ensuring that resources are being used effectively to fulfill its mission.
However, there are some areas for improvement, notably the lack of a whistleblower policy and a document retention and destruction policy, which could enhance accountability further. Overall, the Cleveland Rotary Foundation demonstrates commendable financial health and commitment to its goals, but it may benefit from implementing additional policies to increase its governance standards.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Rotary Foundation legitimate?
Cleveland Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland 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
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Official website here: www.rotaryclubofcleveland.com
What is the mission statement of Cleveland Rotary Foundation?
The Cleveland Rotary Foundation's mission is centered around providing financial support for charitable and educational initiatives. This mission extends to various projects throughout the northeastern Ohio region. Throughout the fiscal year, Rotarians contribute their time and resources to a range of charitable activities, such as blood donation drives, assisting at local food banks, serving meals to those in need, recognizing outstanding students, honoring public service workers, and enhancing green spaces near rapid transit lines. As a result, numerous individuals in northeastern Ohio have benefited from these efforts.
Official website here: www.rotaryclubofcleveland.com
Who is the CEO of Cleveland Rotary Foundation?
Sharon Lerch is the Trustee of Cleveland Rotary Foundation.
Official website here: www.rotaryclubofcleveland.com
What is the revenue of Cleveland Rotary Foundation?
Cleveland Rotary Foundation's revenue in 2022 was $838,902.
Official website here: www.rotaryclubofcleveland.com
Who are the executives of Cleveland Rotary Foundation and what are their salaries?
There 100 volunteers at Cleveland Rotary Foundation.
Here are 7 key members and their salaries:
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- Related: $49,616
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Official website here: www.rotaryclubofcleveland.com
Where can I find the form 990 for Cleveland Rotary Foundation?
Cleveland Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rotaryclubofcleveland.com
Learn more at the official website: www.rotaryclubofcleveland.com
Mission Statement of Cleveland Rotary Foundation
The Cleveland Rotary Foundation is an organization dedicated to advancing charitable and educational initiatives in northeastern Ohio. Their mission is centered around providing financial support to various projects and programs that aim to uplift their community. Throughout the fiscal year, the members of this foundation contribute their time and resources to numerous charitable projects. These projects encompass a wide range of activities, from donating blood, assisting at local food banks, serving meals to the needy, recognizing deserving students, honoring public servants, and beautifying green spaces near rapid transit lines. By engaging in these endeavors, the Cleveland Rotary Foundation has positively impacted the lives of countless northeastern Ohioans.
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Impact
October, 2024
The Cleveland Rotary Foundation significantly impacts Northeast Ohio by facilitating charitable and educational initiatives. By providing essential funding, it supports a variety of projects that directly benefit the community. In the past year, Rotarians have dedicated their time to numerous causes, including blood donation drives, supporting local food banks, and serving meals to those in need.
Additionally, the foundation honors first responders by recognizing the work of police, fire, and EMS personnel. It also engages in community beautification projects, specifically enhancing green spaces near rapid transit lines. Through these efforts, thousands of individuals in Northeast Ohio have received aid, fostering a spirit of community improvement and resilience in the region.
This information is meant to be a general summary of Cleveland 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: $774,344
- Gross Receipts: $846,970
Assets and Liabilities:
- Total Assets: $2,916,168
- Total Liabilities: $0
- Net Assets: $2,916,168
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Organization Details
Founding Year
1978
Phone
(216) 556-8637Principal Officer
Sharon Lerch
Main Address
377 LEAR ROAD 222, AVON LAKE, OH, 44012
NTEE Category
Code: S80Z - Community improvement
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