Overview
What is St Louis Park Rotary Foundation?
The St Louis Park Rotary Foundation is a nonprofit organization that adheres to the principles of Rotary and Rotary International. As a member service organization, their mission is intrinsically linked to the values and guidelines of Rotary and Rotary International. The Foundation's primary objective is to serve its community through various initiatives, all guided by the overarching principles of Rotary and Rotary International.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The St Louis Park Rotary Foundation has received a low rating of 53%, translating to a One-Star rating, primarily due to its lack of accountability and finance measures. The score is derived from a single beacon score focusing on accountability and finance, indicating significant areas where the organization falls short, particularly in governance practices.
Strengths of the foundation include a strong program expense ratio of 87.49%, indicating that a large portion of its funds goes directly toward its programs. Additionally, there are no reported material diversions of assets, demonstrating financial integrity in that aspect. However, weaknesses prominently include the absence of independent board members, missing key policies such as conflict of interest and whistleblower policies, and a lack of transparency with its website information.
Overall, while the foundation allocates a substantial amount of its resources to programs, its low score reflects critical deficiencies in governance and transparency that potential donors and supporters should consider. The absence of independent oversight and missing policies may hinder the organization's credibility and effectiveness in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is St Louis Park Rotary Foundation legitimate?
St Louis Park Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Louis Park 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:
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What is the mission statement of St Louis Park Rotary Foundation?
The St Louis Park Rotary Foundation functions as a member service organization, adhering to the principles of Rotary and Rotary International. Its mission is to operate within these principles, focusing on providing service to its members and contributing to various community projects and initiatives. The foundation's activities are geared towards promoting community development, humanitarian causes, and fostering a spirit of fellowship and service among its members. While specific details about the foundation's objectives or areas of focus are not provided, it can be inferred that their mission is aligned with the broader mission of Rotary International, which is to bring together business and professional leaders to provide humanitarian service, encourage high ethical standards in all vocations, and advance world understanding, goodwill, and peace through its service projects.
Who is the CEO of St Louis Park Rotary Foundation?
Derek Reise is the President of St Louis Park Rotary Foundation.
What is the revenue of St Louis Park Rotary Foundation?
St Louis Park Rotary Foundation's revenue in 2023 was $30,729.
Who are the executives of St Louis Park Rotary Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for St Louis Park Rotary Foundation?
St Louis Park Rotary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Louis Park Rotary Foundation
The St. Louis Park Rotary Foundation is a member service organization that operates under the principles of Rotary and Rotary International. Its mission is to serve as an embodiment of these principles, working towards achieving its objectives within the broader Rotary movement. The foundation is dedicated to promoting and upholding the values and ideals associated with Rotary, striving to contribute positively to its local community and beyond. The St. Louis Park Rotary Foundation functions as a catalyst for change, fostering a sense of camaraderie and community among its members while working towards common goals.
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Impact
August, 2024
The St Louis Park Rotary Foundation's impact is evident in the local community through its commitment to service projects, charitable initiatives, and humanitarian efforts. Its mission, aligned with the principles of rotary and Rotary International, drives positive change and fosters a spirit of community engagement and collaboration. Through its various programs and projects, the Foundation contributes to the betterment of individuals, families, and organizations, creating a lasting legacy of service and support in St Louis Park and beyond.
This information is meant to be a general summary of St Louis Park 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 2023.
- Investment Income: $15,651
- Gross Receipts: $30,729
Assets and Liabilities:
- Total Assets: $563,181
- Total Liabilities: $2,975
- Net Assets: $560,206
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Organization Details
Founding Year
1977
Phone
(952) 593-1356Principal Officer
Derek Reise
Main Address
PO Box 26728, St Louis Park, MN, 55426
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