Overview
What is Club 1014 Foundation Fund Inc?
Club 1014 Foundation Fund Inc is a collaborative nonprofit organization, working in harmony with the local Rotary Club. The organization receives financial support from the Rotary Club and its members, as well as grants from local nonprofits. Their primary focus is on funding various activities, as demonstrated by their past efforts in supporting clean water projects in South America in conjunction with Rotary International and creating a children's water spray park in downtown Livingston. Furthermore, they extend their assistance to local children in need by providing small funds, upon request, from schools or health organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Club 1014 Foundation Fund Inc has received a respectable rating of 80% from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts a fully independent board, with 100% of its members being independent. Additionally, it maintains a good liabilities-to-assets ratio of 0.00%, which suggests sound financial health.
While the foundation demonstrates strong governance practices, there are notable areas for improvement. The absence of a whistleblower policy and a document retention and destruction policy are significant gaps that could affect its accountability. Nevertheless, the organization has a robust program expense ratio of 100%, indicating that all of its resources are directed towards its mission.
Overall, the Club 1014 Foundation Fund Inc is performing well financially, but enhancing its governance policies could bolster its credibility and effectiveness even further.
This AI summary has been generated from information found on Charity Navigator.
Is Club 1014 Foundation Fund Inc legitimate?
Club 1014 Foundation Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Club 1014 Foundation Fund Inc 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
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What is the mission statement of Club 1014 Foundation Fund Inc?
Club 1014 Foundation Fund Inc collaborates with a local Rotary Club and receives contributions from the club and its members to fund various activities. They also receive grants from local nonprofits. In the past, funds have been raised to support clean water projects in South America, in partnership with Rotary International, and to develop a children's water spray park in downtown Livingston. Additionally, the foundation provides small financial aid to local children in need, upon requests from schools or health organizations.
Who is the CEO of Club 1014 Foundation Fund Inc?
Daryl Hanson is the Board Presid of Club 1014 Foundation Fund Inc.
What is the revenue of Club 1014 Foundation Fund Inc?
Club 1014 Foundation Fund Inc's revenue in 2023 was $4,785.
Who are the executives of Club 1014 Foundation Fund Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Club 1014 Foundation Fund Inc?
Club 1014 Foundation Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Club 1014 Foundation Fund Inc
Club 1014 Foundation Fund Inc collaborates with its local Rotary Club and receives financial support from both the club and its members. Besides this, the organization receives grants from various local nonprofits. Over the years, Club 1014 has utilized these funds for several projects, such as contributing to clean water initiatives in South America, in partnership with Rotary International. Another notable project undertaken by the foundation is the development of a children's water spray park in downtown Livingston.
Beyond these larger-scale projects, Club 1014 also extends a helping hand to local children in need. When requested by schools or health organizations within the community, the foundation provides small funds to support these children. This philanthropic work reflects the organization's commitment to making a positive impact on its local community, ensuring that children have access to essential resources when they need them the most.
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Impact
August, 2024
Club 1014 Foundation Fund Inc, in collaboration with the local Rotary Club, has made a significant impact through funding various activities and projects. This organization has raised funds to support clean water projects in South America in partnership with Rotary International. Additionally, they have contributed to the development of a children's water spray park in downtown Livingston. Club 1014 Foundation Fund Inc also provides financial assistance to local children in need, responding to requests from schools or health organizations. By leveraging contributions from the Rotary Club, individual members, and grants from local nonprofits, this organization demonstrates a strong commitment to philanthropy and community support.
This information is meant to be a general summary of Club 1014 Foundation Fund Inc. 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.
- Gross Receipts: $4,785
Assets and Liabilities:
- Total Assets: $6,874
- Total Liabilities: $0
- Net Assets: $6,874
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Organization Details
Founding Year
1960
Phone
(406) 222-8926Principal Officer
Daryl Hanson
Main Address
PO BOX 66, LIVINGSTON, MT, 59047
NTEE Category
Code: T30 - Philanthropy
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