Overview
What is The Richmond Kiwanis Foundation Inc?
The Richmond Kiwanis Foundation Inc, located in Richmond, Virginia, is a nonprofit organization dedicated to contributing funds to charitable organizations. Their mission aligns with enhancing the lives of children in the Richmond metropolitan area, as they support activities initiated by the Kiwanis Club of Richmond. The Foundation's primary focus is on channeling resources to organizations whose purposes resonate with their objectives. By doing so, they aim to uplift the community and contribute positively to the well-being of children in their locality.
Official website here: www.richmondkiwanis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Richmond Kiwanis Foundation Inc has received an 83% score from Charity Navigator, reflecting a solid level of accountability and financial health. The organization boasts a fully independent board and has shown no material diversion of assets, indicating strong governance practices. With a program expense ratio of 79.22%, the foundation demonstrates a commitment to directing funds towards its charitable activities.
However, there are some areas for improvement noted in the rating. The foundation is missing key policies such as a whistleblower policy and a document retention and destruction policy, which received no points in those categories. Addressing these gaps could enhance its accountability and transparency.
Overall, the Richmond Kiwanis Foundation Inc is well-positioned in terms of financial management, but strengthening its governance policies would further bolster its reputation and effectiveness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Richmond Kiwanis Foundation Inc legitimate?
The Richmond Kiwanis Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Richmond Kiwanis Foundation Inc 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.richmondkiwanis.org
What is the mission statement of The Richmond Kiwanis Foundation Inc?
The Richmond Kiwanis Foundation Inc's mission is centered around supporting the activities of the Kiwanis Club of Richmond, with the primary goal of enhancing the quality of life for children in the local metropolitan area. The foundation achieves this by making contributions to charitable organizations whose objectives align with its objectives. The purpose of these contributions is to fund initiatives that positively impact the lives of children in the community. By supporting these organizations, the foundation contributes to the betterment of the community's young population.
Official website here: www.richmondkiwanis.org
Who is the CEO of The Richmond Kiwanis Foundation Inc?
Charles K Trible is the President of The Richmond Kiwanis Foundation Inc.
Official website here: www.richmondkiwanis.org
What is the revenue of The Richmond Kiwanis Foundation Inc?
The Richmond Kiwanis Foundation Inc's revenue in 2022 was $161,919.
Official website here: www.richmondkiwanis.org
Who are the executives of The Richmond Kiwanis Foundation Inc and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.richmondkiwanis.org
Where can I find the form 990 for The Richmond Kiwanis Foundation Inc?
The Richmond Kiwanis Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.richmondkiwanis.org
Learn more at the official website: www.richmondkiwanis.org
Mission Statement of The Richmond Kiwanis Foundation Inc
The Richmond Kiwanis Foundation Inc, as a charitable organization, is dedicated to funding the initiatives of the Kiwanis Club of Richmond. Its primary mission is to enhance the quality of life for children residing in the Richmond metropolitan area. The Foundation achieves this by providing financial support to various charitable organizations whose objectives align with its own goals. The contributions made by The Richmond Kiwanis Foundation Inc aim to uplift the well-being of children in the community and contribute positively to their overall development.
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Impact
October, 2024
The Richmond Kiwanis Foundation Inc significantly enhances the quality of life for children in the Richmond metropolitan area. By funding activities organized by the Kiwanis Club of Richmond, the foundation directly supports initiatives that foster community improvement and provide vital resources to children in need. Contributions are directed towards charitable organizations that align with their mission, ensuring that their efforts effectively address the challenges faced by local youth. Through this commitment, the foundation plays a crucial role in creating a brighter future for children in the community.
This information is meant to be a general summary of The Richmond Kiwanis Foundation Inc. 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: $80,098
- Gross Receipts: $287,213
Assets and Liabilities:
- Total Assets: $1,899,272
- Total Liabilities: $0
- Net Assets: $1,899,272
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Organization Details
Founding Year
1959
Phone
(804) 396-2934Principal Officer
Charles K Trible
Main Address
P O BOX 17825, RICHMOND, VA, 23226
Website
www.richmondkiwanis.orgNTEE Category
Code: S80 - Community improvement
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