Rochester Regional Chamber Foundation

Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.

The Rochester Regional Chamber Foundation currently holds a low overall rating of 40%, indicating significant concerns about its accountability and financial management. While the organization boasts a fully independent board with no material diversion of assets, it has failed to provide key transparency measures, such as a proper website presence and conflict of interest policy.

Strengths of the foundation include its governance structure, which features a fully independent board and adherence to maintaining board meeting minutes. However, the absence of essential policies and documentation has led to a poor performance in several accountability metrics. The low program expense ratio suggests that only a small portion of its spending is directed toward its core mission, which raises questions about the effectiveness of its operations.

Overall, the Rochester Regional Chamber Foundation's weaknesses in financial transparency and program funding are notable and suggest a need for improvement to enhance its accountability and better serve its community.

This AI summary has been generated from information found on Charity Navigator.

Rochester Regional Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Regional Chamber Foundation submitted a form 990EZ, 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.