Overview
What is Topeka Rotary Foundation?
The Topeka Rotary Foundation is a dedicated nonprofit organization situated in Topeka, Kansas. Their primary focus is to collect funds annually and subsequently disburse these resources through a grant system to various non-profit entities operating within the Topeka community. These organizations cater to the needs of individuals residing in the area, aligning with the Rotary's mission of "Service Above Self." The Foundation manages its investments as well, ensuring the sustained financial well-being of its objectives.
Official website here: www.topekarotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Topeka Rotary Foundation has received a solid three-star rating from Charity Navigator, reflecting its reliable accountability and financial practices. The overall score is primarily based on the organization's accountability and finance metrics, with a high score of 83%. This indicates that the foundation demonstrates a commitment to transparency and sound financial management.
Strengths of the Topeka Rotary Foundation include a fully independent board, which scored a perfect 20 out of 20 points in this area. The foundation has no material diversion of assets and maintains a strong program expense ratio of 86.35%, suggesting that the majority of its funds are directed towards its charitable programs. Additionally, the organization has a comprehensive conflict of interest policy, contributing to its overall accountability.
However, there are notable limitations, such as the absence of a whistleblower policy and a document retention and destruction policy, which did not earn any points. These gaps may affect trust and governance transparency. Overall, while the Topeka Rotary Foundation demonstrates strong financial health, addressing these policy shortcomings could enhance its accountability even further.
This AI summary has been generated from information found on Charity Navigator.
Is Topeka Rotary Foundation legitimate?
Topeka Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Topeka 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.topekarotary.org
What is the mission statement of Topeka Rotary Foundation?
The Topeka Rotary Foundation's mission is centered around community service. Following the Rotary's philosophy of "Service Above Self," the foundation annually raises funds for various community projects. Through a grant process, these funds are distributed to non-profit organizations that cater to the needs of individuals within the community. Furthermore, the foundation manages its investments, ensuring the sustainability of its community service initiatives.
Official website here: www.topekarotary.org
Who is the CEO of Topeka Rotary Foundation?
Todd Payne is the Board Member of Topeka Rotary Foundation.
Official website here: www.topekarotary.org
What is the revenue of Topeka Rotary Foundation?
Topeka Rotary Foundation's revenue in 2022 was $66,651.
Official website here: www.topekarotary.org
Who are the executives of Topeka Rotary Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.topekarotary.org
Where can I find the form 990 for Topeka Rotary Foundation?
Topeka Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.topekarotary.org
Learn more at the official website: www.topekarotary.org
Mission Statement of Topeka Rotary Foundation
The Topeka Rotary Foundation, an esteemed organization, is committed to the provision of community service. Adhering to Rotary's mission of "Service Above Self," the foundation raises funds annually for various community initiatives. It then distributes this money through a grant process, supporting non-profit organizations that cater to the needs of individuals within the community. Furthermore, the foundation manages its investments, ensuring that the funds are utilized effectively and efficiently for the betterment of the community.
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Impact
August, 2024
Topeka Rotary Foundation's impact is evident in its dedication to community service and support for nonprofit organizations in the Topeka community. Through their fundraising efforts, they are able to provide financial assistance to various nonprofits, thereby helping to improve the lives of individuals within the area. By embodying Rotary's mission of "Service Above Self," the foundation plays a vital role in driving community improvement and creating a positive impact on the lives of those they serve.
This information is meant to be a general summary of Topeka 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 2022.
- Investment Income: $37,469
- Gross Receipts: $135,298
Assets and Liabilities:
- Total Assets: $601,417
- Total Liabilities: $0
- Net Assets: $601,417
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Organization Details
Founding Year
1976
Phone
(785) 554-2889Principal Officer
Todd Payne
Main Address
PO BOX 3815, TOPEKA, KS, 66604
Website
www.topekarotary.orgNTEE Category
Code: S80 - Community improvement
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