Overview
What is Kiwanis Club Of Madison Foundation Inc?
Kiwanis Club of Madison Foundation Inc is a charitable organization located in Monona, Wisconsin. With a focus on community betterment, the foundation supports various committees that primarily aid youth by providing scholarships, classroom assistance, and numerous other services. In addition, they grant funds to non-profit organizations that contribute positively to the community. The foundation also awards scholarships to financially struggling high school seniors and supports a service club at the Madison University campus. Furthermore, it offers financial aid and is concerned with environmental matters in the agricultural community. The organization's mission encompasses encouraging youth development, promoting American Citizenship, providing emergency assistance, and cooperating with other societies for social and educational work. Overall, Kiwanis Club of Madison Foundation Inc supports numerous youth and needy individuals in the local community and beyond.
Official website here: www.madisonkiwanis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Kiwanis Club of Madison Foundation Inc has received an overall score of 83%, which translates to a Three-Star rating primarily based on its Accountability & Finance. This strong rating reflects the foundation's commitment to transparency and effective financial management, particularly highlighted by a 93.60% program expense ratio indicating that the majority of its funds are directed toward its charitable programs.
The organization demonstrates a robust governance structure with 100% independent board members and no material diversion of assets. However, it does have a couple of notable gaps, including missing conflict of interest and whistleblower policies, which could be areas for improvement in enhancing accountability. Despite these limitations, the foundation shows a solid commitment to proper document retention and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Kiwanis Club Of Madison Foundation Inc legitimate?
Kiwanis Club Of Madison Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Club Of Madison 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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Official website here: www.madisonkiwanis.org
What is the mission statement of Kiwanis Club Of Madison Foundation Inc?
The Kiwanis Club of Madison Foundation Inc. is dedicated to enhancing social and educational prospects for youth. They strive to foster a deeper sense of American citizenship and offer aid during times of emergency, ensuring both moral and physical well-being. The organization collaborates with other societies to contribute to educational and social work, offering aid to individuals and groups in need. Additionally, they partake in various activities that align with their charitable objectives.
Official website here: www.madisonkiwanis.org
Who is the CEO of Kiwanis Club Of Madison Foundation Inc?
Abe Aberle is the President of Kiwanis Club Of Madison Foundation Inc.
Official website here: www.madisonkiwanis.org
What is the revenue of Kiwanis Club Of Madison Foundation Inc?
Kiwanis Club Of Madison Foundation Inc's revenue in 2022 was $46,559.
Official website here: www.madisonkiwanis.org
Who are the executives of Kiwanis Club Of Madison Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.madisonkiwanis.org
Where can I find the form 990 for Kiwanis Club Of Madison Foundation Inc?
Kiwanis Club Of Madison Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madisonkiwanis.org
Learn more at the official website: www.madisonkiwanis.org
Mission Statement of Kiwanis Club Of Madison Foundation Inc
The Kiwanis Club of Madison Foundation Inc is committed to fostering the betterment of social and educational prospects for youth. This mission extends beyond just youth, as it also aims to cultivate a deeper appreciation for American Citizenship. In times of need, the foundation offers assistance to individuals and groups, ensuring their moral and physical wellbeing. Furthermore, the Kiwanis Club of Madison Foundation Inc collaborates with other societies in educational and social work, extending aid to those in need. Engaging in various activities that align with its charitable purposes, the foundation is instrumental in contributing to the betterment of society.
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Impact
August, 2024
Kiwanis Club Of Madison Foundation Inc's impact can be seen through their extensive work in encouraging the improvement of social and educational opportunities for youth. They also promote a higher appreciation of American citizenship and provide grant assistance in times of emergency for the moral and physical well-being of individuals. Additionally, the Foundation collaborates with other societies in educational and social work to render aid to individuals and groups in need. Through their various committees, the Foundation supports hundreds of youth and individuals by providing scholarships, classroom assistance, financial support to the agricultural community, and aid for environmental matters. Their efforts extend to both the local community and international beneficiaries, reflecting a commitment to improving lives on multiple levels.
This information is meant to be a general summary of Kiwanis Club Of Madison 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: $38,401
- Gross Receipts: $496,721
Assets and Liabilities:
- Total Assets: $1,733,521
- Total Liabilities: $0
- Net Assets: $1,733,521
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Organization Details
Founding Year
1960
Phone
(608) 239-8522Principal Officer
Abe Aberle
Main Address
5507 TONYAWATHA TRAIL, MONONA, WI, 53716
Website
www.madisonkiwanis.orgNTEE Category
Code: S80Z - Community improvement
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