Overview
What is Downtown Rotary Foundation?
The Downtown Rotary Foundation is a nonprofit organization that actively raises and distributes funds to eligible charitable organizations categorized under 501(c). Their mission encompasses various programs, such as community service, which positively impacted over 18,000 youths, and vocational service, benefiting around 23,000 individuals. Moreover, the foundation extends its reach internationally, impacting approximately 15,700 people through its service initiatives. Additionally, the Downtown Rotary Foundation offers community service to 20,700 individuals and vocational aid to 3,961 individuals domestically, as well as international service to 4,800 people. Overall, the organization focuses on enhancing lives and fostering positive change through charitable contributions and service programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (58%)
The Downtown Rotary Foundation has received a One-Star out of Four Star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial health. The organization scored 58% overall, reflecting strong performance in areas like independent board membership and program expense ratio, but it struggles with compliance in essential governance policies.
While the foundation benefits from a fully independent board and a high program expense ratio of 90.57%, serious deficiencies are evident. The lack of a conflict of interest policy, whistleblower policy, and document retention policy raises questions about its operational transparency and ethical guidelines. Furthermore, the absence of tax forms on its website reflects inadequate public accountability.
Overall, while the Downtown Rotary Foundation demonstrates strengths in certain governance areas, its low score in critical compliance aspects marks a significant area for improvement. Stakeholders may want to consider these limitations when evaluating the organization's trustworthiness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Rotary Foundation legitimate?
Downtown Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Rotary Foundation submitted a form 990EZ, 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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What is the mission statement of Downtown Rotary Foundation?
The Downtown Rotary Foundation's mission involves raising and distributing funds to eligible charitable organizations. This mission is instrumental in supporting various programs. The foundation's community service initiatives have positively impacted approximately 18,100 youths. The vocational service program has benefited over 23,000 individuals, while international service has reached out to around 15,700 people. Furthermore, the foundation provides community service to around 20,700 individuals and vocational support to 3,961 people in its locality. Additionally, the international service extends its reach to about 4,800 people globally. The Downtown Rotary Foundation's activities are centered around uplifting and bettering the lives of numerous individuals and communities.
What is the revenue of Downtown Rotary Foundation?
Downtown Rotary Foundation's revenue in 2024 was $31,532.
Who are the executives of Downtown 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 990EZ for Downtown Rotary Foundation?
Downtown Rotary Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Downtown Rotary Foundation
The Downtown Rotary Foundation is a charitable organization that plays a significant role in fundraising and distribution. Its primary mission involves supporting various 501(c) nonprofit organizations. The foundation has a multifaceted approach to its services, encompassing community, vocational, and international sectors. In the realm of community service, the Downtown Rotary Foundation has positively impacted around 18,100 youths. This involvement often takes the form of initiatives aimed at bettering the lives and opportunities of young people.
Moving on to vocational service, the foundation has touchpoints with approximately 23,000 individuals. This aspect of their mission typically entails programs that foster personal and professional growth, ultimately leading to improved livelihoods. Lastly, the Downtown Rotary Foundation extends its reach internationally, impacting around 15,700 people through its initiatives. This global effort often focuses on addressing critical social and economic challenges in various parts of the world.
In summary, the Downtown Rotary Foundation serves as a vital conduit for charitable funds, channeling its resources towards community, vocational, and international projects. Through these efforts, it strives to support and uplift numerous individuals and communities, aiming to make a positive difference in the lives of those it serves.
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Impact
August, 2024
The impact of the Downtown Rotary Foundation is significant. Through its philanthropic efforts, the foundation has positively affected the lives of thousands of individuals across various sectors. In terms of community service, over 18,100 youths have benefited from the foundation's programs. Additionally, 23,000 individuals have received vocational service support, and 15,700 people have been impacted through international service initiatives. Furthermore, the foundation has provided community service to 20,700 individuals, vocational service to 3,961 people, and international service to 4,800 persons. These numbers reflect the tangible and wide-reaching impact that the Downtown Rotary Foundation has had on the community.
This information is meant to be a general summary of Downtown 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 2024.
- Gross Receipts: $50,150
Assets and Liabilities:
- Total Assets: $55,662
- Total Liabilities: $52,858
- Net Assets: $2,804
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Organization Details
Principal Officer
Mary Jane Jennings
NTEE Category
Code: T30 - Philanthropy
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