Overview
What is Kiwanis Foundation Of Tampa Inc?
Kiwanis Foundation of Tampa Inc, located in Tampa, Florida, is a nonprofit organization dedicated to supporting charitable initiatives. In alignment with the mission of Kiwanis Club, Inc., a professional civic organization, the foundation contributes to various benevolent programs. One of their significant activities involves awarding college scholarships to deserving students. The scholarships are granted based on criteria and nominees suggested by the Hillsborough Education Foundation, an affiliated 501(c)(3) organization. The Hillsborough Education Foundation receives nominations from guidance counselors in Hillsborough County public high schools, focusing on students eligible for the school lunch program and meeting certain academic requirements. The foundation, when funds permit, also matches certain scholarships with state of Florida grants. The Kiwanis Foundation of Tampa Inc's efforts aim to uplift the community and contribute to various charitable causes.
Official website here: www.tampakiwanis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Kiwanis Foundation of Tampa Inc has received a Three-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The overall score of 76% is derived solely from the Accountability & Finance beacon, indicating a solid performance in managing its resources and adhering to financial transparency.
The foundation boasts a fully independent board, with all 10 members meeting the criteria for independence. Additionally, it has a commendable program expense ratio of 78.26%, suggesting that a significant portion of its funds is directed toward its charitable programs. The organization has also maintained a low liabilities-to-assets ratio of 0.05%, indicating sound financial health.
However, the foundation does face some limitations, as it lacks key policies such as a conflict of interest policy, a whistleblower policy, and documentation on retention and destruction. These deficiencies in governance policies may raise concerns about its operational transparency, despite the overall positive financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Kiwanis Foundation Of Tampa Inc legitimate?
Kiwanis Foundation Of Tampa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Foundation Of Tampa 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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Official website here: www.tampakiwanis.org
What is the mission statement of Kiwanis Foundation Of Tampa Inc?
The Kiwanis Foundation of Tampa Inc is committed to supporting the charitable programs of Kiwanis Club Inc., a professional civic organization. Its primary mission is to provide financial aid for scholarships based on specific criteria and nominees submitted by the Hillsborough Education Foundation. This educational foundation, a 501(c)(3) exempt organization, receives nominations from high school guidance counselors in Hillsborough County, Florida, for students eligible for the school lunch program and meeting certain academic requirements. When funds are available, the Hillsborough Education Foundation also matches certain scholarships with state of Florida grants.
Official website here: www.tampakiwanis.org
Who is the CEO of Kiwanis Foundation Of Tampa Inc?
Jim Orchard is the President of Kiwanis Foundation Of Tampa Inc.
Official website here: www.tampakiwanis.org
What is the revenue of Kiwanis Foundation Of Tampa Inc?
Kiwanis Foundation Of Tampa Inc's revenue in 2022 was $208,149.
Official website here: www.tampakiwanis.org
Who are the executives of Kiwanis Foundation Of Tampa Inc and what are their salaries?
There 100 volunteers at Kiwanis Foundation Of Tampa Inc.
Here are 11 key members and their salaries:
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Official website here: www.tampakiwanis.org
Where can I find the form 990 for Kiwanis Foundation Of Tampa Inc?
Kiwanis Foundation Of Tampa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tampakiwanis.org
Learn more at the official website: www.tampakiwanis.org
Mission Statement of Kiwanis Foundation Of Tampa Inc
The Kiwanis Foundation of Tampa Inc is committed to supporting the charitable programs of Kiwanis Club, Inc., a distinguished professional civic organization. In line with this mission, the foundation focuses on awarding scholarships to deserving students based on specific criteria and nominations submitted by the Hillsborough Education Foundation. This foundation, a 501(C)(3) exempt organization, receives nominations from guidance counselors of Hillsborough County public high schools. The students eligible for these scholarships are those who are enrolled in the school lunch program and meet certain academic requirements.
Furthermore, when funds are available, the Hillsborough Education Foundation matches certain scholarships with state of Florida grants, thereby providing additional financial aid to the recipients. The Kiwanis Foundation of Tampa Inc plays a significant role in supporting the educational aspirations of these students by providing them with the necessary financial assistance. This, in turn, helps in empowering the students and enabling them to pursue their academic goals effectively.
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Impact
October, 2024
The Kiwanis Foundation of Tampa Inc. significantly impacts the community by supporting charitable programs that enhance the well-being of local youth. A key initiative is the scholarship program, which awards financial assistance to college-bound students. This program is particularly focused on those nominated by guidance counselors from Hillsborough County public high schools, targeting students eligible for the school lunch program and meeting specific academic criteria.
By collaborating with the Hillsborough Education Foundation, the Kiwanis Foundation enables deserving students to pursue higher education, often supplementing their scholarships with matching grants from the state of Florida when funds are available. This partnership not only alleviates financial burdens for students and their families but also fosters educational advancement and community improvement. The foundation plays a crucial role in empowering individuals to achieve their goals and contribute positively to society, thereby enriching the Tampa community as a whole.
This information is meant to be a general summary of Kiwanis Foundation Of Tampa 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: $128,544
- Gross Receipts: $787,166
Assets and Liabilities:
- Total Assets: $1,655,440
- Total Liabilities: $225
- Net Assets: $1,655,215
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Organization Details
Founding Year
1961
Phone
(813) 259-9200Principal Officer
Jim Orchard
Main Address
601 W DR MARTIN LUTHER KING JR BLVD, TAMPA, FL, 33603
Website
www.tampakiwanis.orgNTEE Category
Code: S81 - Community improvement
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