Overview
What is Cupertino Rotary Endowment Foundation?
The Cupertino Rotary Endowment Foundation is a charitable organization based in Cupertino, California, with a postal address of PO Box 1101, 95015. Its primary mission is to support the longevity of the Cupertino Rotary Club's programs by contributing financially to eligible charitable, educational, scientific, and public-purpose organizations, both locally and internationally. To raise funds for these causes, the foundation organizes four events annually: the Crab Feed, Global Elegance, Day and Night Fun Fest, and a Golf Tournament. These events not only generate funds but also foster community culture and entertainment, and support specific local charitable projects.
Official website here: www.portal.clubrunner.ca/3794
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Cupertino Rotary Endowment Foundation has achieved a remarkable 97% score, earning a Four-Star rating from Charity Navigator. This rating reflects the charity's strong accountability and financial management practices, indicating a high level of transparency and responsible stewardship of its resources.
One of the organization's key strengths is its fully independent board, consisting of 15 members, which aligns with best practices for governance. The foundation also demonstrates robust financial health, with a program expense ratio of 82.56%, suggesting that a significant portion of its funds directly supports its mission rather than administrative costs. Additionally, it has implemented comprehensive policies for conflict of interest and whistleblower protections, further enhancing its credibility.
No significant limitations were reported, which underscores the foundation's commitment to maintaining high standards in governance and financial management. Overall, the Cupertino Rotary Endowment Foundation stands out as a well-managed nonprofit, dedicated to effectively utilizing its resources for charitable purposes.
This AI summary has been generated from information found on Charity Navigator.
Is Cupertino Rotary Endowment Foundation legitimate?
Cupertino Rotary Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cupertino Rotary Endowment 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:
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Official website here: www.portal.clubrunner.ca/3794
What is the mission statement of Cupertino Rotary Endowment Foundation?
The Cupertino Rotary Endowment Foundation's mission is centered around providing financial assistance through donations and grants. This support is extended to charitable, scientific, educational, and public purpose organizations that meet their qualifications. The primary objective of the foundation is to sustain the impact of the Cupertino Rotary's programs by contributing to worthy causes both locally and internationally. The foundation achieves this mission through various events such as the Crab Feed, Global Elegance, Day and Night Fun Fest, and Golf Tournament, each of which serves a unique purpose in raising funds for specific beneficiaries and community projects.
Official website here: www.portal.clubrunner.ca/3794
Who is the CEO of Cupertino Rotary Endowment Foundation?
Josephine Lucey is the President of Cupertino Rotary Endowment Foundation.
Official website here: www.portal.clubrunner.ca/3794
What is the revenue of Cupertino Rotary Endowment Foundation?
Cupertino Rotary Endowment Foundation's revenue in 2022 was $1,173,942.
Official website here: www.portal.clubrunner.ca/3794
Who are the executives of Cupertino Rotary Endowment Foundation and what are their salaries?
There 350 volunteers at Cupertino Rotary Endowment Foundation.
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Official website here: www.portal.clubrunner.ca/3794
Where can I find the form 990 for Cupertino Rotary Endowment Foundation?
Cupertino Rotary Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.portal.clubrunner.ca/3794
Learn more at the official website: www.portal.clubrunner.ca/3794
Mission Statement of Cupertino Rotary Endowment Foundation
The Cupertino Rotary Endowment Foundation, in its mission, aims to provide financial assistance through donations and grants to a diverse array of qualified charitable, scientific, educational, and public purpose organizations. The primary objective of this foundation is to fortify the long-term impact of the Cupertino Rotary's programs, extending its reach both locally and internationally. The foundation achieves this goal by supporting organizations that align with its values and contribute to the betterment of various sectors, including but not limited to, the charitable, scientific, and educational fields.
To accomplish its mission, the Cupertino Rotary Endowment Foundation organizes several events, each serving a distinct purpose. The Crab Feed, an event hosted by the Rotary Club of Cupertino Fellowship, is one such occasion. This event raises funds to support the fellowship's international projects. Another event, Global Elegance, is a fundraising initiative dedicated to international projects. The Day and Night Fun Fest, designed to promote community culture and entertainment, and the Golf Tournament, which raises funds for specific local charitable projects and other initiatives, round out the foundation's annual events. These events not only generate funds for the foundation's mission but also engage the community in its efforts to make a positive impact.
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Impact
July, 2024
The Cupertino Rotary Endowment Foundation's impact is substantial, as it provides funding through donations and grants to qualified charitable, scientific, educational, and public purpose organizations. The Foundation's primary objective is to ensure the strength of the Cupertino Rotary programs well into the future by contributing locally and internationally to various causes. Through events like the Crab Feed, Global Elegance fundraiser, Day and Night Fun Fest, and Golf Tournament, the Foundation supports a wide range of initiatives that benefit the community and beyond.
This information is meant to be a general summary of Cupertino Rotary Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $34,531
- Gross Receipts: $2,428,666
Assets and Liabilities:
- Total Assets: $3,150,291
- Total Liabilities: $0
- Net Assets: $3,150,291
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Organization Details
Founding Year
1992
Phone
(408) 264-9920Principal Officer
Josephine Lucey
Main Address
PO Box 1101, Cupertino, CA, 95015
NTEE Category
Code: T70 - Philanthropy
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