Overview
What is Rotary Foundation Of Knoxville?
The Rotary Foundation of Knoxville is a nonprofit organization located at 501 Main Avenue No 166, Knoxville, Tennessee. Established to provide financial aid to deserving students unable to attend school without assistance, the foundation's mission has expanded to encompass various charitable, philanthropic, and educational causes. Its activities include promoting literacy by donating books to local schools, supporting community events like the free flu shot clinic and providing scholarships to outstanding students in Knox County. Furthermore, the Rotary Foundation of Knoxville sponsors events and provides financial and volunteer support to local arts and cultural institutions, such as the Knoxville Museum of Art, Knoxville Symphony Orchestra, and Knoxville Opera Company. The organization's annual Peace Luncheon honors a community member with the Peace Award and awards a donation to their chosen charity. Additionally, the foundation offers support for projects like World Rotary Day and provides aid to refugee services and Hispanic community organizations.
Official website here: www.knoxvillerotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. The Rotary Foundation of Knoxville has received a solid score, primarily reflecting its strong performance in accountability and finance. The rating signifies that the organization is effectively managing its resources and is committed to transparency.
One of the notable strengths of the Rotary Foundation of Knoxville is its governance structure, with a board that is entirely independent, demonstrating strong oversight capabilities. The charity also shows no material diversion of assets, which further enhances its credibility. Additionally, the organization maintains excellent financial health, with a high program expense ratio of 91.46%, indicating that a significant portion of its funds is allocated toward its charitable programs.
Despite its strengths, the rating is based solely on one beacon score, which may limit the overall assessment of the organization. While the financial and accountability metrics are commendable, prospective donors might seek additional information about the charity's impact and effectiveness in achieving its mission. Overall, the Rotary Foundation of Knoxville appears to be a reliable organization for those looking to support community-oriented initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Rotary Foundation Of Knoxville?
100% of 17 reviewers on Facebook recommend the Rotary Foundation of Knoxville. Here is a summary of their reviews: The organization is highly praised for its commitment to community service and the motto of putting service before self resonates strongly with the members and supporters.
Reviewers highlight the positive impact the foundation has on local initiatives, showcasing its dedication to making a difference in the lives of those in need. Many appreciate the collaborative spirit and the active role that the Rotary Foundation plays in addressing community challenges.
Overall, the sentiment is overwhelmingly positive, indicating that the Rotary Foundation of Knoxville effectively delivers on its mission and earns strong support from its members and the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is Rotary Foundation Of Knoxville legitimate?
Rotary Foundation Of Knoxville is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Foundation Of Knoxville 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.
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Official website here: www.knoxvillerotary.org
What is the mission statement of Rotary Foundation Of Knoxville?
The Rotary Foundation of Knoxville's primary mission is to provide scholarships to deserving students and support other charitable organizations through financial allocations. Originating from a purpose to aid financially challenged students, the foundation's scope has expanded to encompass various philanthropic and educational causes. The organization actively engages in community service, such as promoting literacy by donating books to a local elementary school library, offering support at free flu shot events, sponsoring children's attendance at cultural events, and hosting the Rotary Club's annual Peace Luncheon. During this event, they recognize an individual's contributions to peace with a Peace Award, and donate to the charity of the recipient's choice.
Official website here: www.knoxvillerotary.org
Who is the CEO of Rotary Foundation Of Knoxville?
F Whitfield Addicks is the Director of Rotary Foundation Of Knoxville.
Official website here: www.knoxvillerotary.org
What is the revenue of Rotary Foundation Of Knoxville?
Rotary Foundation Of Knoxville's revenue in 2022 was $142,264.
Official website here: www.knoxvillerotary.org
Who are the executives of Rotary Foundation Of Knoxville and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.knoxvillerotary.org
Where can I find the form 990 for Rotary Foundation Of Knoxville?
Rotary Foundation Of Knoxville's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.knoxvillerotary.org
Learn more at the official website: www.knoxvillerotary.org
Mission Statement of Rotary Foundation Of Knoxville
The Rotary Foundation of Knoxville, established with the purpose of aiding financially disadvantaged students, has a mission to provide scholarships for outstanding individuals residing in Knox County. Beyond scholarships, this organization extends its reach to support various charitable, philanthropic, and educational causes. The foundation's scope has expanded over time, embodying a commitment to community service, literacy promotion, and philanthropy.
In terms of community service, the Rotary Foundation of Knoxville has been instrumental in promoting literacy by donating books to a local elementary school library. Additionally, they have provided financial and volunteer support at Knoxville's Free Flu Shot Saturday event, sponsored local children's attendance at cultural events such as the Knoxville Museum of Art, Knoxville Symphony Orchestra, and Knoxville Opera Company performances, and organized the Rotary Club of Knoxville's annual Peace Luncheon, awarding a Peace Award and a 3,000-dollar donation to the charity of the recipient's choice.
In the realm of philanthropy, the Rotary Foundation of Knoxville has supported Bridge Refugee Services and Centro Hispano de East Tennessee, as well as provided financial and volunteer support for the area Rotary clubs' World Rotary Day Project at South Knox Elementary and Wesley House.
In summary, the Rotary Foundation of Knoxville is dedicated to uplifting the community through scholarships, promoting literacy, and supporting various charitable, philanthropic, and educational causes. It is an organization that plays a significant role in enriching the lives of its residents and fostering a sense of community.
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Impact
October, 2024
The Rotary Foundation of Knoxville significantly impacts the local community by providing financial assistance to deserving young men and women through scholarships, enabling them to pursue their education without the burden of financial constraints. Currently, eight outstanding students from Knox County benefit from these four-year scholarships, empowering them to achieve their academic and career goals.
In addition to supporting education, the foundation actively promotes literacy by donating books to local elementary school libraries and engaging with community organizations like Bridge Refugee Services and Centro Hispano de East Tennessee. It also contributes to public health initiatives by offering financial and volunteer support for events such as Knoxville's Free Flu Shot Saturday.
The foundation enhances cultural experiences for local children by sponsoring their attendance at summer camps and performances by the Knoxville Museum of Art, Knoxville Symphony Orchestra, and Knoxville Opera Company. Furthermore, it recognizes community leaders through events like the Rotary Club of Knoxville's Peace Luncheon, which celebrates individuals making a difference. The foundation awarded a member with a donation to a charity of their choice, further amplifying its philanthropic impact.
Overall, the Rotary Foundation of Knoxville exemplifies a commitment to education and community service, continually broadening its scope to support various charitable and educational causes throughout the region.
This information is meant to be a general summary of Rotary Foundation Of Knoxville. 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: $21
- Gross Receipts: $154,749
Assets and Liabilities:
- Total Assets: $1,563,248
- Total Liabilities: $114,818
- Net Assets: $1,448,430
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Organization Details
Founding Year
1923
Phone
(865) 523-8252Principal Officer
F Whitfield Addicks
Main Address
501 MAIN AVENUE NO 166, KNOXVILLE, TN, 37901
Website
www.knoxvillerotary.orgNTEE Category
Code: B90 - Education
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