Overview
What is Oregon Rotary Club Foundation Inc?
Oregon Rotary Club Foundation Inc, located in Oregon, Illinois, is a dedicated community service organization. Their primary objective is to promote education by offering scholarships and grants. This nonprofit entity works tirelessly to support local individuals seeking higher education, thereby contributing positively to their community. The organization's mission focuses on enhancing opportunities for learning, thereby empowering future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Oregon Rotary Club Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting an 80% score based entirely on its Accountability & Finance metrics. This rating suggests that the organization operates with a commendable level of financial health and transparency, which is vital for donor trust.
One of the notable strengths of the foundation is its governance structure, featuring a board composed entirely of independent members. This aspect, along with a strong conflict of interest policy and documented board meeting minutes, highlights the foundation's commitment to ethical practices and accountability. Additionally, a program expense ratio of 98.04% indicates that the majority of its expenditures go directly towards its mission-related activities.
Despite these strengths, the foundation's rating is derived solely from its financial and accountability metrics, and no additional performance indicators have been assessed. This means that while the financial management is solid, aspects such as program impact or community engagement may not have been evaluated in this assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon Rotary Club Foundation Inc legitimate?
Oregon Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Rotary 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.
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What is the mission statement of Oregon Rotary Club Foundation Inc?
The Oregon Rotary Club Foundation is committed to its mission of offering educational scholarships and grants. As a community service organization, it strives to support individuals by providing financial aid for their education. The foundation's purpose is to contribute to the educational growth of individuals, thereby contributing to their overall development and future prospects. The organization's activities are centered around providing financial assistance to deserving students, aiming to make quality education more accessible.
Who is the CEO of Oregon Rotary Club Foundation Inc?
Hollie Guist Jr is the Secretary of Oregon Rotary Club Foundation Inc.
What is the revenue of Oregon Rotary Club Foundation Inc?
Oregon Rotary Club Foundation Inc's revenue in 2023 was $68,681.
Who are the executives of Oregon Rotary Club Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Oregon Rotary Club Foundation Inc?
Oregon Rotary Club Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Oregon Rotary Club Foundation Inc
The Oregon Rotary Club Foundation is a committed organization that focuses on providing educational scholarships and grants. This community service club is dedicated to supporting individuals by offering financial aid for their educational pursuits. By granting scholarships, the foundation empowers individuals to further their knowledge and skills, thereby contributing positively to their communities and society at large. The mission of the Oregon Rotary Club Foundation is to foster learning and personal growth, recognizing the transformative power of education in shaping future leaders and innovators.
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Impact
August, 2024
The impact of Oregon Rotary Club Foundation Inc is significant as it provides educational scholarships and grants to support individuals in furthering their education. This assistance helps to create opportunities for individuals to pursue their academic goals and professional aspirations, ultimately contributing to the enrichment and development of the community in Oregon, Illinois. Through its focus on education, the foundation plays a key role in fostering growth and empowerment within the local community.
This information is meant to be a general summary of Oregon Rotary 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 2023.
- Investment Income: $44,410
- Gross Receipts: $83,171
Assets and Liabilities:
- Total Assets: $699,340
- Total Liabilities: $0
- Net Assets: $699,340
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Organization Details
Phone
(815) 440-6932Principal Officer
Hollie Guist Jr
Main Address
P O BOX 493, OREGON, IL, 61061
NTEE Category
Code: B82Z - Education
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