Overview
What is Kiwanis Club Foundation Inc?
Kiwanis Club Foundation Inc is a nonprofit organization dedicated to serving the community in line with Kiwanis principles. Their primary mission involves offering scholarships to high school and college students locally, as well as supporting youth organizations, such as the Boy Scouts. The foundation's activities are centered around community service, reflecting the ideals of the Kiwanis Club.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 73%)
The Kiwanis Club Foundation Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement in certain areas despite achieving a respectable overall score of 73%. The organization excels in several metrics, such as having an independent board with full points on size and majority independent members, showcasing a strong governance structure. Additionally, the foundation demonstrates excellent financial health with a 96.78% program expense ratio and an impressive liabilities to assets ratio of 0.00%, indicating effective management of its resources.
However, the foundation has notable limitations that have impacted its rating. Key policies such as conflict of interest, whistleblower, and document retention policies are either missing or not disclosed on their website. These gaps in transparency raise concerns about the organization’s accountability practices, which are critical for maintaining trust with donors and the community.
Overall, while the Kiwanis Club Foundation Inc displays strong financial management and governance, the lack of essential policies and transparency measures suggests areas for improvement. Addressing these issues could enhance their rating and bolster public confidence in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Kiwanis Club Foundation Inc legitimate?
Kiwanis Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Club Foundation Inc 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Kiwanis Club Foundation Inc?
The Kiwanis Club Foundation fulfills its mission by engaging in community service, aligned with the principles of Kiwanis. One of its primary initiatives involves granting scholarships to high school and college students. Additionally, the foundation supports various youth organizations, including the Boy Scouts. The overarching goal is to contribute to the community through these programs, adhering to the Kiwanis ideals.
Who is the CEO of Kiwanis Club Foundation Inc?
Michele Bryant is the President of Kiwanis Club Foundation Inc.
What is the revenue of Kiwanis Club Foundation Inc?
Kiwanis Club Foundation Inc's revenue in 2022 was -$64,989.
Who are the executives of Kiwanis Club Foundation Inc and what are their salaries?
There 50 volunteers at Kiwanis Club Foundation Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Kiwanis Club Foundation Inc?
Kiwanis Club Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kiwanis Club Foundation Inc
The Kiwanis Club Foundation, a nonprofit organization, is dedicated to upholding the principles of Kiwanis and offering community service. At the heart of its mission, the Foundation provides support for local high school and college students through scholarship awards. Additionally, it extends its reach to youth groups, such as the Boy Scouts, by offering them assistance. By engaging in these activities, the Kiwanis Club Foundation strives to uplift its community and foster growth among its youth.
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Impact
October, 2024
The Kiwanis Club Foundation Inc has a significant impact on the community by promoting service and support based on Kiwanis ideals. Through its various programs, it provides critical resources to local high school and college students through scholarships, helping to pave the way for their future success. Additionally, the foundation supports youth groups like the Boy Scouts, fostering leadership skills, teamwork, and community involvement among the younger generation. By focusing on community service and improvement, the Kiwanis Club Foundation plays an essential role in enhancing the quality of life in Evansville, IN, and nurturing the growth of its youth.
This information is meant to be a general summary of Kiwanis Club Foundation Inc. 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: -$54,278
- Gross Receipts: $923,861
Assets and Liabilities:
- Total Assets: $625,408
- Total Liabilities: $0
- Net Assets: $625,408
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Organization Details
Founding Year
1965
Phone
(812) 423-9368Principal Officer
Michele Bryant
Main Address
621 W MILL ROAD, EVANSVILLE, IN, 47710
NTEE Category
Code: S80 - Community improvement
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