Overview
What is Orange County East Rotary Foundation Inc?
Orange County East Rotary Foundation Inc is a nonprofit organization situated in Winter Park, Florida. With a focus on community support, they provide scholarships to high school graduates residing in Orange and Seminole Counties, helping them further their education at accredited colleges and universities. The foundation also extends its generosity to local charitable organizations by making donations, contributing to their mission and cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Orange County East Rotary Foundation Inc has received a Two-Star rating due to its overall score of 73%. While the organization exhibits strong governance characteristics, including a fully independent board and a good liabilities-to-assets ratio, its lack of certain policies and transparency measures has impacted its rating.
The foundation scored well in areas such as program expense ratio and documentation of board meeting minutes, indicating effective financial management and governance. However, it is notably lacking in essential policies, including a conflict of interest policy and whistleblower protections, which have contributed to a lower accountability score. This highlights a need for improvement in terms of transparency and compliance with best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Orange County East Rotary Foundation Inc legitimate?
Orange County East Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orange County East Rotary 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 Orange County East Rotary Foundation Inc?
The Orange County East Rotary Foundation Inc's mission is centered around providing support to high school graduates and local charitable organizations. Specifically, they offer scholarships to help students from Orange and Seminole Counties attend accredited colleges and universities. Additionally, the foundation makes donations to local charitable organizations to contribute to their causes. In essence, the foundation's mission is to invest in the future of young scholars and support the community's needs.
Who is the CEO of Orange County East Rotary Foundation Inc?
Paul Furey is the President of Orange County East Rotary Foundation Inc.
What is the revenue of Orange County East Rotary Foundation Inc?
Orange County East Rotary Foundation Inc's revenue in 2023 was $33,556.
Who are the executives of Orange County East Rotary Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Orange County East Rotary Foundation Inc?
Orange County East Rotary Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Orange County East Rotary Foundation Inc
Orange County East Rotary Foundation Inc, a nonprofit organization, is committed to providing scholarships for high school graduates seeking higher education. Their mission is twofold: firstly, they offer financial aid to deserving students residing in Orange and Seminole Counties, enabling them to attend reputable colleges and universities. This scholarship program empowers young individuals, providing them with an opportunity to pursue their academic goals and contribute to society in the future.
Secondly, Orange County East Rotary Foundation Inc extends its generosity to local charitable organizations by making donations. By doing so, they contribute to the betterment of their community, supporting initiatives that align with their vision of uplifting people and fostering a positive impact. This philanthropic endeavor reflects the organization's commitment to making a tangible difference in the lives of those in need.
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Impact
August, 2024
Orange County East Rotary Foundation Inc's impact is significant as it provides scholarships to high school graduates residing in Orange and Seminole counties, enabling them to attend accredited colleges and universities. Additionally, the foundation makes donations to local charitable organizations, contributing to the betterment of the community. This impactful work supports education and empowers students to pursue higher education opportunities, ultimately benefiting the individuals and the community as a whole.
This information is meant to be a general summary of Orange County East Rotary 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: $643
- Gross Receipts: $204,937
Assets and Liabilities:
- Total Assets: $759,070
- Total Liabilities: $122
- Net Assets: $758,948
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Organization Details
Founding Year
2000
Phone
(407) 571-4080Principal Officer
Paul Furey
Main Address
PO BOX 1566, WINTER PARK, FL, 32790
NTEE Category
Code: B82 - Education
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