Overview
What is Fort Collins Breakfast Rotary Charitable Foundation?
The Fort Collins Breakfast Rotary Charitable Foundation is a nonprofit organization situated in Larimer County, Colorado. Its primary mission is to award scholarships to local high school graduates and contribute to the charitable objectives of the Rotary Club of Fort Collins Breakfast. Furthermore, the foundation supports other 501(c)(3) organizations and provides grants to various non-profit entities within the community. The organization's dedication extends beyond scholarships and financial aid, as it actively participates in supporting the charitable endeavors of the Rotary club and the larger community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Fort Collins Breakfast Rotary Charitable Foundation has received a 73% score, which translates to a Two-Star rating. This rating reflects a solid program expense ratio of 99.78%, indicating that the majority of its funds are directed towards its charitable programs. Additionally, the foundation boasts a fully independent board, which is a positive sign of governance and oversight, with 100% independent members.
However, there are notable limitations in the foundation's accountability practices. Key policies such as the conflict of interest policy, whistleblower policy, and document retention and destruction policy are missing, which contributes to lower points in the accountability & finance category. Furthermore, the charity's tax form is also not available on its website, which may affect transparency for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Collins Breakfast Rotary Charitable Foundation legitimate?
Fort Collins Breakfast Rotary Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Collins Breakfast Rotary Charitable 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.
What is the mission statement of Fort Collins Breakfast Rotary Charitable Foundation?
The Fort Collins Breakfast Rotary Charitable Foundation's mission is primarily focused on providing scholarships to high school graduates from Larimer County, Colorado. Additionally, the foundation supports the charitable initiatives of the Rotary Club of Fort Collins Breakfast and contributes to other eligible 501(c)(3) organizations in the community. Furthermore, it extends its support by providing grants to various non-profit organizations in the local area.
Who is the CEO of Fort Collins Breakfast Rotary Charitable Foundation?
Timothy Cochran is the President of Fort Collins Breakfast Rotary Charitable Foundation.
What is the revenue of Fort Collins Breakfast Rotary Charitable Foundation?
Fort Collins Breakfast Rotary Charitable Foundation's revenue in 2022 was $131,666.
Who are the executives of Fort Collins Breakfast Rotary Charitable Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Fort Collins Breakfast Rotary Charitable Foundation?
Fort Collins Breakfast Rotary Charitable Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Fort Collins Breakfast Rotary Charitable Foundation
The Fort Collins Breakfast Rotary Charitable Foundation, as its name suggests, is a charitable organization with a threefold mission. Primarily, it provides scholarships to high school graduates hailing from Larimer County, Colorado. By offering financial aid, this foundation enables deserving students to pursue higher education, potentially opening up a world of opportunities for them.
Beyond scholarship programs, the foundation supports the charitable endeavors of the Rotary Club of Fort Collins Breakfast. This partnership allows the foundation to contribute to a wider range of initiatives that aim to improve the community. Furthermore, the Fort Collins Breakfast Rotary Charitable Foundation extends its support to other 501(c)(3) organizations, furthering its role as a community benefactor.
In addition to these initiatives, the foundation provides grants to various non-profit organizations within the community. By doing so, it not only strengthens existing organizations but also contributes to the overall well-being and development of the community. This multifaceted approach to charitable work reflects the foundation's commitment to supporting the community in a holistic manner.
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Impact
October, 2024
The Fort Collins Breakfast Rotary Charitable Foundation significantly impacts the community by providing scholarships to high school graduates in Larimer County, Colorado. This initiative supports local youth in their pursuit of higher education, helping to alleviate financial barriers that often hinder academic success.
In addition to scholarships, the foundation invests in the charitable objectives of the Rotary Club of Fort Collins Breakfast, fostering community engagement and service. By granting funds to other 501(c)(3) organizations, it enhances the overall capacity of local nonprofits to address various social needs and contribute to the community’s well-being. Through these efforts, the foundation strengthens education and supports a diverse range of charitable activities, promoting a culture of giving and service within Fort Collins.
This information is meant to be a general summary of Fort Collins Breakfast 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $185,623
Assets and Liabilities:
- Total Assets: $329,109
- Total Liabilities: $0
- Net Assets: $329,109
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Organization Details
Phone
(972) 997-8270Principal Officer
Timothy Cochran
Main Address
PO BOX 272728, FORT COLLINS, CO, 80527
NTEE Category
Code: B82 - Education
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