Overview
What is Grove City Rotary Foundation?
Grove City Rotary Foundation is a nonprofit organization based in Grove City, Ohio. Their primary mission is to contribute financially towards scholarships, grants, and local community development projects. They have demonstrated this commitment by providing ten $1,000 scholarships to high school seniors. This foundation serves its community by allocating funds towards initiatives aimed at improving the local area and supporting education, thereby fostering growth and development.
Official website here: www.gcrotaryoh.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Grove City Rotary Foundation has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is derived entirely from its Accountability & Finance metrics, indicating a strong emphasis on financial integrity and transparency. Notably, the organization has achieved perfect scores in areas such as having a majority of independent board members and a favorable liabilities to assets ratio.
Strengths of the Grove City Rotary Foundation include a high program expense ratio of 98.63%, suggesting that most of its resources are directed towards its charitable activities rather than administrative costs. The foundation also benefits from no material diversion of assets, and it maintains thorough documentation of board meeting minutes. However, the organization does have notable gaps, such as missing conflict of interest, whistleblower, and document retention policies, which may raise concerns about governance practices.
Overall, while the Grove City Rotary Foundation demonstrates strong financial health and accountability, the absence of specific governance policies indicates an area for improvement. Stakeholders and potential donors may want to consider these factors when assessing the foundation's overall effectiveness and commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Grove City Rotary Foundation legitimate?
Grove City Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grove City 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.
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Official website here: www.gcrotaryoh.com
What is the mission statement of Grove City Rotary Foundation?
The Grove City Rotary Foundation's mission is centered around providing financial assistance. Specifically, it aims to distribute funds for scholarships, grants, and projects that contribute to the betterment of the local community. The foundation's activities are geared towards supporting high school seniors by offering them scholarships worth $1,000 each. This financial aid is not just limited to scholarships, as the foundation also extends its reach to local community projects and grants. In essence, the Grove City Rotary Foundation plays a significant role in fostering educational opportunities and community development.
Official website here: www.gcrotaryoh.com
Who is the CEO of Grove City Rotary Foundation?
David Roasa is the Trustee of Grove City Rotary Foundation.
Official website here: www.gcrotaryoh.com
What is the revenue of Grove City Rotary Foundation?
Grove City Rotary Foundation's revenue in 2023 was $38,961.
Official website here: www.gcrotaryoh.com
Who are the executives of Grove City Rotary Foundation and what are their salaries?
There 50 volunteers at Grove City Rotary Foundation.
Here are 11 key members and their salaries:
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Official website here: www.gcrotaryoh.com
Where can I find the form 990 for Grove City Rotary Foundation?
Grove City Rotary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gcrotaryoh.com
Learn more at the official website: www.gcrotaryoh.com
Mission Statement of Grove City Rotary Foundation
The Grove City Rotary Foundation is an organization dedicated to fulfilling its mission. At its core, this mission involves providing financial aid in the form of scholarships and grants, as well as funding local community development projects. By offering these resources, the foundation aims to contribute positively to the community and support individuals in need. In practice, they have awarded 10 scholarships of $1,000 each to high school seniors, demonstrating their commitment to education and youth development. The Grove City Rotary Foundation's work is focused on enhancing the community and supporting its members through financial aid and local projects.
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Impact
August, 2024
The Grove City Rotary Foundation's impact can be seen in the support it provides to the community through scholarships, grants, and local community building projects. It has granted 10 high school seniors with $1,000 scholarships, helping them further their education and pursue their goals. Through its philanthropic activities, the foundation is actively contributing to the growth and development of Grove City, Ohio, while also fostering a spirit of giving and community engagement.
This information is meant to be a general summary of Grove City 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: $3
- Gross Receipts: $62,904
Assets and Liabilities:
- Total Assets: $38,740
- Total Liabilities: $0
- Net Assets: $38,740
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Organization Details
Founding Year
2003
Phone
(614) 397-4278Principal Officer
David Roasa
Main Address
PO Box 1378, Grove City, OH, 431236378
Website
www.gcrotaryoh.comNTEE Category
Code: T30 - Philanthropy
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