Overview
What is Kiwanis Foundation Of Charlotte County Inc?
Kiwanis Foundation of Charlotte County Inc, situated in Punta Gorda, Florida, serves as a charitable organization that generously grants scholarships to individuals within the community on a fair and equitable basis. They primarily focus on assisting high school students in Charlotte County, Florida. The foundation raises funds through contributions and various fundraising activities. Their primary mission revolves around offering financial aid to deserving students, contributing to their educational growth and future prospects.
Official website here: www.kiwanisfcc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Kiwanis Foundation of Charlotte County Inc holds a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This score is primarily derived from its accountability practices, reflecting a commitment to financial transparency and responsible governance. The organization has a fully independent board, comprising 16 members, and demonstrates no material diversion of assets, further reinforcing its reliability.
Strengths highlighted include an excellent program expense ratio of 87.38%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, the foundation has a well-documented board governance structure, including listed conflict of interest and whistleblower policies, although the absence of a whistleblower policy is noted as a limitation.
Overall, while the foundation exhibits many strong traits in governance and financial management, the lack of a whistleblower policy could be an area for improvement. Maintaining transparency and accountability will be key for the foundation as it continues its philanthropic work.
This AI summary has been generated from information found on Charity Navigator.
Is Kiwanis Foundation Of Charlotte County Inc legitimate?
Kiwanis Foundation Of Charlotte County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Foundation Of Charlotte County 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.kiwanisfcc.com
What is the mission statement of Kiwanis Foundation Of Charlotte County Inc?
The Kiwanis Foundation of Charlotte County Inc., as outlined in its mission description, is committed to providing financial aid in the form of scholarships primarily for high school students residing in Charlotte County, Florida. This foundation strives to support the educational aspirations of these students by raising funds through charitable donations and organized events. The scholarships are awarded on a non-discriminatory basis, ensuring equal opportunities for all eligible individuals within the community.
Official website here: www.kiwanisfcc.com
Who is the CEO of Kiwanis Foundation Of Charlotte County Inc?
Dawn Marx is the President of Kiwanis Foundation Of Charlotte County Inc.
Official website here: www.kiwanisfcc.com
What is the revenue of Kiwanis Foundation Of Charlotte County Inc?
Kiwanis Foundation Of Charlotte County Inc's revenue in 2023 was $54,955.
Official website here: www.kiwanisfcc.com
Who are the executives of Kiwanis Foundation Of Charlotte County Inc and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.kiwanisfcc.com
Where can I find the form 990 for Kiwanis Foundation Of Charlotte County Inc?
Kiwanis Foundation Of Charlotte County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kiwanisfcc.com
Learn more at the official website: www.kiwanisfcc.com
Mission Statement of Kiwanis Foundation Of Charlotte County Inc
The Kiwanis Foundation of Charlotte County Inc, as a nonprofit organization, is committed to providing scholarships primarily to students in high schools located within Charlotte County, Florida. This mission is carried out in a nondiscriminatory manner, ensuring equal opportunities for all eligible individuals within the community. Funds for these scholarships are raised through various means, including gifts and fundraising events. The Foundation's primary activity revolves around this scholarship program, which aims to support and empower young individuals in their academic pursuits.
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Impact
August, 2024
Kiwanis Foundation of Charlotte County Inc's impact is evident in the lives of high school students in Charlotte County, Florida, who receive scholarships to further their education. By providing these scholarships on a nondiscriminatory basis, the foundation is contributing to the educational and personal development of young individuals in the community. Through raising revenue via gifts and fundraisers, the foundation is able to support the academic aspirations of students, ultimately fostering community improvement.
This information is meant to be a general summary of Kiwanis Foundation Of Charlotte County 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 2023.
- Investment Income: $43,187
- Gross Receipts: $165,604
Assets and Liabilities:
- Total Assets: $1,851,025
- Total Liabilities: $0
- Net Assets: $1,851,025
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Organization Details
Founding Year
1983
Principal Officer
Dawn Marx
Main Address
PO Box 510273, Punta Gorda, FL, 339510273
Website
www.kiwanisfcc.comNTEE Category
Code: S82Z - Community improvement
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