Overview
What is Bakersfield East Rotary Foundation?
The Bakersfield East Rotary Foundation is a charitable organization based in Bakersfield, California. They are committed to making a positive impact both locally and globally by providing grants, scholarships, and allocations for various community, national, and international projects. Their mission is to support initiatives that contribute to the betterment of society, demonstrating a dedication to community service and philanthropy. Established at PO Box 505, Bakersfield, CA 93302, the foundation embodies the spirit of Rotary International, with a focus on creating meaningful change and fostering positive growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
The Bakersfield East Rotary Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. With a score of 94%, the organization is recognized for its effective management of resources, reflecting a high level of transparency and governance.
Significant strengths include a fully independent board, which consists of 9 members, and a perfect score in areas such as conflict of interest and whistleblower policies. The foundation demonstrates a solid financial footing, with a low liabilities to assets ratio of 16.14% and an impressive program expense ratio of 86.09%, highlighting its dedication to allocating funds toward its charitable programs.
While the data presents a positive outlook on the foundation's operations, it is important for potential donors and supporters to consider this rating in conjunction with their own research and alignment with the foundation's mission. Overall, the Bakersfield East Rotary Foundation stands out for its accountability and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Bakersfield East Rotary Foundation legitimate?
Bakersfield East Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bakersfield East Rotary 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.
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What is the mission statement of Bakersfield East Rotary Foundation?
The Bakersfield East Rotary Foundation's mission is centered around providing financial assistance in the form of grants, scholarships, and allocations. This support is extended to initiatives at the community, national, and international levels. Their primary goal is to contribute to various projects that aim to bring about positive change and development. The foundation does not specify the nature of these projects, but it is implied that they aim to improve societal conditions and address various societal needs.
Who is the CEO of Bakersfield East Rotary Foundation?
Bob Parker is the President of Bakersfield East Rotary Foundation.
What is the revenue of Bakersfield East Rotary Foundation?
Bakersfield East Rotary Foundation's revenue in 2023 was $50,286.
Who are the executives of Bakersfield East Rotary Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Bakersfield East Rotary Foundation?
Bakersfield East Rotary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bakersfield East Rotary Foundation
The Bakersfield East Rotary Foundation is dedicated to providing financial aid in the form of grants, scholarships, and allocations for various initiatives within the community, nationally, and internationally. This nonprofit organization's mission is centered around supporting projects that aim to bring about positive changes and improvements, demonstrating a commitment to ensuring the betterment of diverse communities on a global scale. The Bakersfield East Rotary Foundation's activities are driven by this mission, which serves as a guiding principle for the organization's decisions and undertakings.
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Impact
August, 2024
The impact of Bakersfield East Rotary Foundation is evident through its provision of grants, scholarships, and allocations for a wide range of projects at the community, national, and international levels. In doing so, the foundation actively contributes to philanthropic efforts and supports initiatives that benefit society on multiple fronts.
This information is meant to be a general summary of Bakersfield East Rotary 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 2023.
- Investment Income: -$23,556
- Gross Receipts: $1,264,073
Assets and Liabilities:
- Total Assets: $587,637
- Total Liabilities: $94,938
- Net Assets: $492,699
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Organization Details
Founding Year
1995
Phone
(661) 301-0345Principal Officer
Bob Parker
Main Address
PO BOX 505, BAKERSFIELD, CA, 93302
NTEE Category
Code: T30 - Philanthropy
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