Foothills Rotary Charitable Foundation

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

EIN: 742532730 ✦ Fort collins, CO ✦ Designated as a 501(c)(3)

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Overview

What is Foothills Rotary Charitable Foundation?

The Foothills Rotary Charitable Foundation is a community-focused organization situated in Fort Collins, Colorado. Their primary mission revolves around scholarships and education, aiming to provide financial assistance and educational opportunities to individuals within their community. This nonprofit organization is dedicated to enriching lives and fostering progress through their scholarship and education-centric initiatives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)

The Foothills Rotary Charitable Foundation has received a rating of 73%, which indicates a need for improvement in certain operational areas. The organization exhibits strong governance with 100% independent board members and no reported material diversion of assets. However, the lack of key policies, such as a conflict of interest policy and a whistleblower policy, highlights significant gaps in accountability practices.

On the financial side, the foundation shows a commendable program expense ratio of 94.58%, demonstrating that a large portion of its expenses goes directly towards its charitable programs. This is a positive aspect, as it suggests a strong commitment to fulfilling its mission. Nonetheless, the absence of essential transparency measures, such as posting financial documents and tax forms on its website, raises concerns about the organization's overall accountability and transparency.

Overall, while the foundation has strengths in board independence and program funding, it must address its governance and transparency issues to improve its standing and build trust with donors and the public.


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

Is Foothills Rotary Charitable Foundation legitimate?

Foothills Rotary Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foothills Rotary Charitable 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: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Foothills Rotary Charitable Foundation?

The Foothills Rotary Charitable Foundation, as a community service organization, is committed to scholarships and education. Its mission is centered around providing educational opportunities and resources, aiming to uplift individuals in various capacities. The foundation's activities primarily focus on offering scholarships and promoting educational initiatives.

Who is the CEO of Foothills Rotary Charitable Foundation?

William Hart is the President of Foothills Rotary Charitable Foundation.

What is the revenue of Foothills Rotary Charitable Foundation?

Foothills Rotary Charitable Foundation's revenue in 2022 was $67,912.

Who are the executives of Foothills Rotary Charitable Foundation and what are their salaries?

There 9 volunteers at Foothills Rotary Charitable Foundation.


Here are 9 key members and their salaries:


William Hart (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Otto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Bischoff (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Peterson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyn Pring (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Sanderson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hyland (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bud Frick (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Nelson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foothills Rotary Charitable Foundation?

Foothills Rotary Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Foothills Rotary Charitable Foundation

The Foothills Rotary Charitable Foundation, as a community service organization, is committed to the cause of scholarships and education. This nonprofit's mission is centered around providing financial assistance and educational opportunities to individuals in need. By focusing on scholarships and education, the foundation aims to contribute to the personal growth and development of its beneficiaries, thereby fostering a positive impact on their communities.

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Impact




August, 2024

The Foothills Rotary Charitable Foundation's impact is primarily focused on supporting scholarships and education in the Fort Collins community. By providing financial assistance to students pursuing higher education, the foundation helps individuals achieve their academic goals and build a brighter future for themselves. Through this mission, the foundation contributes to the overall improvement of the community by investing in the education and development of its residents.




This information is meant to be a general summary of Foothills Rotary Charitable 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
$67,912 (2022)
Expenses
$42,300 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22,808
  • Gross Receipts: $67,912

Assets and Liabilities:

  • Total Assets: $877,606
  • Total Liabilities: $0
  • Net Assets: $877,606

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Organization Details

Founding Year

1988

Principal Officer

William Hart

Main Address

PO Box 271667, Fort Collins, CO, 80527

NTEE Category

Code: S80 - Community improvement

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