Overview
What is Branchburg Rotary Foundation-A Nj Nonprofit Corp?
The Branchburg Rotary Foundation-A NJ Nonprofit Corp is a volunteer-driven organization situated in Branchburg, New Jersey. Its primary mission extends beyond the local community, encompassing charitable initiatives worldwide, in alignment with Rotary International's projects. The foundation contributes to various causes, including supporting veterans through organizations like Operation Jersey Cares, Welcome Home Vets NJ, Veterans Network of NJ, and Frontline Arts and Horses for Forces. Additionally, funds are allocated for scholarships for local students and community programs such as the soup kitchen, food bank network of Somerset County, and Homes for Hope Ecuador. The foundation follows the principle of "Service Above Others," embodying its commitment to bettering the lives of those in need.
Official website here: www.branchburgrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Branchburg Rotary Foundation has received a solid Three-Star rating from Charity Navigator, indicating a generally favorable assessment of its accountability and financial health. With an overall score of 83%, the foundation demonstrates strong governance, particularly with 100% of its board members being independent and a perfect score for material diversion of assets, reflecting integrity in financial management.
Strengths highlighted include a very high program expense ratio of 98.08%, which suggests that the majority of the foundation's funds are directed towards its programs rather than administrative costs. The organization has also established key policies, such as a conflict of interest policy, and maintains proper documentation of board meeting minutes, further underscoring its commitment to transparency and effective governance.
However, there are notable limitations in the foundation's practices, particularly the absence of a whistleblower policy and a document retention and destruction policy, which could impact its overall accountability framework. Additionally, the tax form is not posted on the nonprofit's website, which is a missed opportunity for enhancing transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Branchburg Rotary Foundation-A Nj Nonprofit Corp legitimate?
Branchburg Rotary Foundation-A Nj Nonprofit Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Branchburg Rotary Foundation-A Nj Nonprofit Corp 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.branchburgrotary.org
What is the mission statement of Branchburg Rotary Foundation-A Nj Nonprofit Corp?
The Branchburg Rotary Foundation, an all-volunteer organization, is committed to carrying out charitable activities both locally and globally. Their primary mission is to serve beyond self, as encapsulated by their mantra, "Service Above Others." The foundation supports various initiatives, including programs for veterans, local food banks, youth organizations, and scholarships for deserving students. In the previous fiscal year, they contributed to several veteran groups including Operation Jersey Cares, Welcome Home Vets NJ, Veterans Network of NJ, and Frontline Arts and Horses for Forces. Beyond this, the Rotary Foundation also supports community programs such as the soup kitchen, food bank network, and homes for hope in Ecuador, among others.
Official website here: www.branchburgrotary.org
Who is the CEO of Branchburg Rotary Foundation-A Nj Nonprofit Corp?
Michael Forrestall is the President of Branchburg Rotary Foundation-A Nj Nonprofit Corp.
Official website here: www.branchburgrotary.org
What is the revenue of Branchburg Rotary Foundation-A Nj Nonprofit Corp?
Branchburg Rotary Foundation-A Nj Nonprofit Corp's revenue in 2022 was $178,359.
Official website here: www.branchburgrotary.org
Who are the executives of Branchburg Rotary Foundation-A Nj Nonprofit Corp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.branchburgrotary.org
Where can I find the form 990 for Branchburg Rotary Foundation-A Nj Nonprofit Corp?
Branchburg Rotary Foundation-A Nj Nonprofit Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.branchburgrotary.org
Learn more at the official website: www.branchburgrotary.org
Mission Statement of Branchburg Rotary Foundation-A Nj Nonprofit Corp
The Branchburg Rotary Foundation, an all-volunteer organization, is dedicated to carrying out charitable activities not only within Branchburg but also in surrounding communities and on a global scale. Their guiding principle is "Service Above Others," which drives their mission. The foundation engages in various charitable activities, such as supporting local food banks, youth organizations, and scholarship programs in Branchburg and its surrounding areas. In the fiscal year ending June 30, 2022, the foundation contributed to numerous veteran groups, including Operation Jersey Cares, Welcome Home Vets NJ, Veterans Network of NJ, and Frontline Arts and Horses for Forces, through grants and other funds raised. Additionally, the Branchburg Rotary Foundation awards scholarships to deserving local students and supports various community programs, including the soup kitchen, Food Bank Network of Somerset County, and Homes for Hope Ecuador, among others.
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Impact
October, 2024
The Branchburg Rotary Foundation profoundly impacts the community and beyond by dedicating its efforts to various charitable activities. Primarily focused on Branchburg and neighboring areas, the Foundation supports veterans through targeted programs such as Operation Jersey Cares and Welcome Home Vets NJ, ensuring that those who have served our country receive the necessary assistance and recognition.
Additionally, the Foundation actively collaborates with local organizations, contributing to food security through partnerships with food banks and soup kitchens, thereby addressing hunger in the region. Their commitment to youth is evident in their scholarship programs, which provide financial assistance to deserving local students, fostering educational growth and community development.
Through fundraising initiatives, the Foundation not only sustains these vital programs but also extends its reach globally, supporting projects like Homes for Hope in Ecuador. The volunteers spearheading these efforts embody the mantra of "Service Above Others," illustrating a dedicated commitment to enhancing the lives of individuals both locally and worldwide. The Foundation's activities encapsulate a holistic approach to philanthropy, emphasizing community support, veteran care, and educational empowerment.
This information is meant to be a general summary of Branchburg Rotary Foundation-A Nj Nonprofit Corp. 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: $825
- Program Service Revenue: $147,913
- Gross Receipts: $189,741
Assets and Liabilities:
- Total Assets: $264,680
- Total Liabilities: $0
- Net Assets: $264,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Veterans Project
Revenue
$112,880
Soup Kitchen
Revenue
$21,639
Holiday Happiness
Revenue
$3,175
Nepal Project
Revenue
$1,500
Homes of Hope Ecuador
Revenue
$6,719
Organization Details
Founding Year
2012
Phone
(732) 384-9192Principal Officer
Michael Forrestall
Main Address
48 ROBBINS ROAD, BRANCHBURG, NJ, 08876
Website
www.branchburgrotary.orgNTEE Category
Code: T30 - Philanthropy
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