Overview
What is Fredericksburg Morning Rotary Club Charity Fund?
The Fredericksburg Morning Rotary Club Charity Fund is a charitable organization based in Fredericksburg, Texas, specifically at 409 North Milam, with a commitment to supporting local schools primarily by promoting reading and literacy. This nonprofit, often referred to as FMRCCF, is an extension of the Fredericksburg Morning Rotary Club, carrying out its fundraising activities and charitable functions. The earnings from these activities are primarily donated to various local charities or utilized to fund numerous charitable projects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating.
The Fredericksburg Morning Rotary Club Charity Fund has received a Two-Star rating, indicating some concerns regarding its transparency and financial practices. While it boasts a strong accountability score of 67, its financial statements and several key governance policies, such as conflict of interest and whistleblower policies, are missing, which impacts its overall rating negatively.
On the positive side, the organization demonstrates a commitment to maintaining a fully independent board with 100% of its members being independent, which is crucial for governance integrity. Additionally, it shows a solid program expense ratio of 99.98%, meaning that almost all of its expenditures directly support its programs. However, the absence of financial documentation and policies raises questions about its operational transparency and accountability for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Fredericksburg Morning Rotary Club Charity Fund legitimate?
Fredericksburg Morning Rotary Club Charity Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fredericksburg Morning Rotary Club Charity Fund 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 Fredericksburg Morning Rotary Club Charity Fund?
The Fredericksburg Morning Rotary Club Charity Fund (FMRCCF) is dedicated to managing fundraising activities and charitable functions for the Fredericksburg Morning Rotary Club. The proceeds from their activities are donated to various charitable organizations, primarily local, or used to finance charitable projects. The FMRCCF has a strong commitment to supporting local schools, particularly in initiatives that promote reading and literacy. Their charitable efforts are geared towards enhancing the lives of people in their community.
Who is the CEO of Fredericksburg Morning Rotary Club Charity Fund?
Tanya Chambers is the President of Fredericksburg Morning Rotary Club Charity Fund.
What is the revenue of Fredericksburg Morning Rotary Club Charity Fund?
Fredericksburg Morning Rotary Club Charity Fund's revenue in 2023 was $679,281.
Who are the executives of Fredericksburg Morning Rotary Club Charity Fund and what are their salaries?
Here are 8 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
- 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 Fredericksburg Morning Rotary Club Charity Fund?
Fredericksburg Morning Rotary Club Charity Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fredericksburg Morning Rotary Club Charity Fund
The Fredericksburg Morning Rotary Club Charity Fund, abbreviated as FMRCCF, is dedicated to carrying out the fundraising activities and charitable functions of the Fredericksburg Morning Rotary Club. This organization channels the profits generated from its various activities to support numerous local charitable organizations or fund various charitable projects. The FMRCCF is particularly committed to aiding their local schools, with a significant focus on encouraging reading and overall literacy.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Fredericksburg Morning Rotary Club Charity Fund has a significant impact on the community by organizing fundraisers and charitable functions that benefit various causes. This includes supporting local charities, funding community projects like a splash park, and promoting literacy in schools. Through its activities, the charity fund plays a vital role in giving back to the community and supporting those in need.
This information is meant to be a general summary of Fredericksburg Morning Rotary Club Charity Fund. 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 2023.
- Gross Receipts: $711,162
Assets and Liabilities:
- Total Assets: $101,399
- Total Liabilities: $0
- Net Assets: $101,399
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Phone
(830) 307-5259Principal Officer
Tanya Chambers
Main Address
409 NORTH MILAM, FREDERICKSBURG, TX, 78624
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Fredericksburg Morning Rotary Club Charity Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.