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Rotary Club Of Sarasota Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 596153330 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of Sarasota Foundation?

The Rotary Club of Sarasota Foundation is a charitable organization situated in Sarasota, Florida, with a postal address at PO Box 2766. Its primary mission is to aid the Rotary Club of Sarasota in enhancing both the local community and the world at large. They accomplish this by engaging in various humanitarian, educational, and philanthropic initiatives. The foundation serves as a supportive platform for initiatives sponsored by various organizations within Sarasota County. Their work encompasses a wide range of projects aimed at fostering positive change and community development.


Official website here: www.rotaryclubofsarasota.com/rcs-foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Rotary Club Of Sarasota Foundation has received a 76% rating from Charity Navigator, indicating a decent level of accountability and financial responsibility. The organization boasts an impressive score of 100% for having a majority of independent board members and no material diversion of assets, suggesting strong governance and fiscal integrity.

However, the foundation does have notable gaps in its policies, including the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are crucial for transparency and accountability. Additionally, the foundation did not post its tax form on its website as required, which could limit accessibility for stakeholders seeking fiscal information.

Despite these limitations, the organization demonstrates a high commitment to its programs, with a program expense ratio of 93.16%, indicating that most funds are directed towards mission-related activities. This strong programmatic focus is a positive aspect of their operations, even as they strive to improve their policy framework.


This AI summary has been generated from information found on Charity Navigator.

Is Rotary Club Of Sarasota Foundation legitimate?

Rotary Club Of Sarasota Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Sarasota 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $2,400
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rotaryclubofsarasota.com/rcs-foundation

What is the mission statement of Rotary Club Of Sarasota Foundation?

The Rotary Club of Sarasota Foundation's mission is to assist the Rotary Club of Sarasota in improving both their local community and the world at large. They achieve this through humanitarian, educational, and charitable endeavors. The foundation supports various initiatives sponsored by organizations across Sarasota County, contributing to their collective efforts to make a positive impact.


Official website here: www.rotaryclubofsarasota.com/rcs-foundation

Who is the CEO of Rotary Club Of Sarasota Foundation?

Dan M Smith is the President of Rotary Club Of Sarasota Foundation.


Official website here: www.rotaryclubofsarasota.com/rcs-foundation

What is the revenue of Rotary Club Of Sarasota Foundation?

Rotary Club Of Sarasota Foundation's revenue in 2022 was $118,461.


Official website here: www.rotaryclubofsarasota.com/rcs-foundation

Who are the executives of Rotary Club Of Sarasota Foundation and what are their salaries?

There 13 volunteers at Rotary Club Of Sarasota Foundation.


Here are 8 key members and their salaries:


Williwam Jotham (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Mclaren (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Rossi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayne Cory (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Eller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Clancy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Condon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rotaryclubofsarasota.com/rcs-foundation

Where can I find the form 990 for Rotary Club Of Sarasota Foundation?

Rotary Club Of Sarasota Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rotaryclubofsarasota.com/rcs-foundation

Learn more at the official website: www.rotaryclubofsarasota.com/rcs-foundation

Mission Statement of Rotary Club Of Sarasota Foundation

The Rotary Club of Sarasota Foundation's mission is centered around assisting the Rotary Club of Sarasota in improving both their local community and the world at large. This is accomplished through various humanitarian, educational, and charitable endeavors. The organization plays a crucial role in supporting initiatives sponsored by various organizations within Sarasota County, contributing to a more compassionate and progressive society.

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Impact




October, 2024

The Rotary Club of Sarasota Foundation plays a vital role in enhancing the quality of life within the Sarasota community and beyond. By supporting various humanitarian, educational, and charitable initiatives, it fosters positive change and development. Through strategic partnerships with diverse organizations throughout Sarasota County, the foundation identifies and addresses critical needs, making significant contributions to the welfare of both local residents and the broader community. Its commitment to philanthropy manifests in various forms, from funding educational programs to assisting those in need, all aimed at building a better, more sustainable world. The foundation’s efforts not only uplift individuals but also strengthen community bonds, empowering citizens to participate actively in creating a brighter future.




This information is meant to be a general summary of Rotary Club Of Sarasota 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.

Revenue
$118,461 (2022)
Expenses
$77,363 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30,862
  • Gross Receipts: $118,461

Assets and Liabilities:

  • Total Assets: $580,350
  • Total Liabilities: $0
  • Net Assets: $580,350

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Organization Details

Founding Year

1926

Principal Officer

Dan M Smith

Main Address

P O BOX 2766, SARASOTA, FL, 34230

NTEE Category

Code: T30 - Philanthropy

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