Overview
What is Gulf Breeze Rotary Scholarship Foundation Inc?
The Gulf Breeze Rotary Scholarship Foundation Inc is a nonprofit organization that serves its community by offering scholarships to deserving students and providing grants to other clubs. Their primary mission is to support educational aspirations and contribute to the initiatives of fellow organizations. By providing scholarships, the foundation empowers talented young individuals, fostering their growth and development. Additionally, the foundation supports other clubs by granting funds, contributing to a wider range of community projects and initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Gulf Breeze Rotary Scholarship Foundation Inc. has earned a solid rating of 80%, which is indicative of strong accountability and financial health. The rating reflects a high level of compliance with accountability standards, particularly highlighting that the organization has a fully independent board and no material diversion of assets.
Strengths of the foundation include a valuable program expense ratio of 95.71%, ensuring that the vast majority of funds are directed towards its philanthropic mission. Additionally, the organization demonstrates transparency through documented board meeting minutes and a conflict of interest policy, which further supports its credibility.
However, while the overall score is favorable, it is based solely on the Accountability & Finance beacon. Potential donors may want to consider other factors such as program effectiveness and community impact, which are not reflected in this rating. Overall, the Gulf Breeze Rotary Scholarship Foundation Inc. stands out for its responsible management and dedication to its financial commitments.
This AI summary has been generated from information found on Charity Navigator.
Is Gulf Breeze Rotary Scholarship Foundation Inc legitimate?
Gulf Breeze Rotary Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Breeze Rotary Scholarship 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Gulf Breeze Rotary Scholarship Foundation Inc?
The Gulf Breeze Rotary Scholarship Foundation's primary mission involves offering scholarships to deserving students. In addition to this, the foundation extends grants to other clubs as well. The organization's primary objective is to support the educational aspirations of deserving students and contribute to the activities of other clubs. By providing scholarships, the foundation aims to empower young individuals with the financial means to pursue their higher education. The grants to other clubs serve to strengthen the community and foster collaborative initiatives. In essence, the Gulf Breeze Rotary Scholarship Foundation is committed to promoting education and community development through its scholarship and grant programs.
Who is the CEO of Gulf Breeze Rotary Scholarship Foundation Inc?
Lee M Brown is the President of Gulf Breeze Rotary Scholarship Foundation Inc.
What is the revenue of Gulf Breeze Rotary Scholarship Foundation Inc?
Gulf Breeze Rotary Scholarship Foundation Inc's revenue in 2023 was $85,705.
Who are the executives of Gulf Breeze Rotary Scholarship Foundation Inc and what are their salaries?
There 6 volunteers at Gulf Breeze Rotary Scholarship Foundation Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Gulf Breeze Rotary Scholarship Foundation Inc?
Gulf Breeze Rotary Scholarship Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Gulf Breeze Rotary Scholarship Foundation Inc
The Gulf Breeze Rotary Scholarship Foundation, in its mission, extends financial aid to deserving students. This nonprofit organization goes beyond this primary function, also providing grants to other clubs. By offering scholarships and financial assistance, the Gulf Breeze Rotary Scholarship Foundation plays a significant role in empowering young individuals, contributing to their educational pursuits and future prospects. The foundation's generosity not only supports students but also extends to other clubs, demonstrating a collaborative approach to community building and development.
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Impact
October, 2024
The Gulf Breeze Rotary Scholarship Foundation Inc significantly impacts the education and future prospects of deserving students in the Gulf Breeze area. By providing scholarships, the foundation helps alleviate the financial burden of higher education, enabling students to pursue their academic goals and career aspirations. This support not only opens doors for individual students but also fosters a culture of learning and achievement within the community.
Additionally, by granting funds to other clubs, the foundation strengthens local partnerships, promoting educational initiatives and enhancing opportunities for personal and professional development. Ultimately, the Gulf Breeze Rotary Scholarship Foundation plays a vital role in shaping the future of students and contributes to the overall vibrancy and growth of the community.
This information is meant to be a general summary of Gulf Breeze Rotary Scholarship 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 2023.
- Investment Income: $20,002
- Gross Receipts: $85,705
Assets and Liabilities:
- Total Assets: $620,832
- Total Liabilities: $0
- Net Assets: $620,832
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Organization Details
Founding Year
1992
Phone
(850) 934-3730Principal Officer
Lee M Brown
Main Address
PO BOX 808, GULF BREEZE, FL, 325620808
NTEE Category
Code: B82Z - Education
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