Overview
What is South Richmond Rotary Club Service Foundation?
The South Richmond Rotary Club Service Foundation is a nonprofit organization situated in Richmond, Virginia. Its primary objective is to support various business and community development organizations through fundraising initiatives. Specifically, they raise funds for scholarships and charitable contributions, aiming to make a positive impact in their local community. The foundation's mission is centered around these fundraising activities, dedicating resources to support educational opportunities and beneficial causes.
Is South Richmond Rotary Club Service Foundation legitimate?
South Richmond Rotary Club Service Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Richmond Rotary Club Service 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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What is the mission statement of South Richmond Rotary Club Service Foundation?
The South Richmond Rotary Club Service Foundation is an organization that focuses on fundraising activities. Its primary mission is to provide scholarships and make charitable contributions, supporting various initiatives in the community. By engaging in fundraising efforts, the foundation aims to contribute positively to the local community and provide opportunities for individuals through educational scholarships. The organization's activities are geared towards making a difference in people's lives and enhancing the well-being of the community.
Who is the CEO of South Richmond Rotary Club Service Foundation?
Jacob D Favaro is the President of South Richmond Rotary Club Service Foundation.
What is the revenue of South Richmond Rotary Club Service Foundation?
South Richmond Rotary Club Service Foundation's revenue in 2021 was $121,875.
Who are the executives of South Richmond Rotary Club Service Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for South Richmond Rotary Club Service Foundation?
South Richmond Rotary Club Service Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of South Richmond Rotary Club Service Foundation
The South Richmond Rotary Club Service Foundation, as an organization, is devoted to raising funds for scholarships and charitable contributions. Its mission, in essence, is to provide financial aid and support to various initiatives within the community. By doing so, the foundation aims to contribute positively to the development of Richmond, Virginia, through its philanthropic efforts. The South Richmond Rotary Club Service Foundation's mission is centered around the belief that investing in education and community projects can significantly impact the lives of individuals and the community as a whole.
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Impact
October, 2024
South Richmond Rotary Club Service Foundation plays a vital role in fostering community development and education in Richmond, VA. Through its dedicated fundraising efforts, the foundation provides scholarships for students, making higher education more accessible and supporting the aspirations of young individuals in the community. Additionally, its charitable contributions benefit various local organizations, promoting initiatives that improve the overall well-being of the community. By focusing on community improvement and development, the foundation helps create a stronger, more vibrant Richmond, positively impacting countless lives.
This information is meant to be a general summary of South Richmond Rotary Club Service 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 2021.
- Investment Income: $32,660
- Gross Receipts: $220,907
Assets and Liabilities:
- Total Assets: $559,019
- Total Liabilities: $0
- Net Assets: $559,019
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Organization Details
Founding Year
1953
Phone
(804) 747-0000Principal Officer
Jacob D Favaro
Main Address
PO BOX 29146, RICHMOND, VA, 23242
NTEE Category
Code: S12 - Community improvement
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