Overview
What is Los Altos Sunset Rotary Club Endowment Fund Inc?
Los Altos Sunset Rotary Club Endowment Fund Inc is a charitable organization based in Los Altos, California. Established with a mission to serve for charitable, scientific, educational, and literary purposes, this nonprofit also fosters national or international amateur sports competitions, provided that it does not involve the provision of athletic facilities or equipment. Additionally, the organization is committed to preventing cruelty towards children and animals. The specific activities and initiatives undertaken by the fund are not provided in the information, but its purpose and focus are outlined in the description.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Los Altos Sunset Rotary Club Endowment Fund Inc has received a commendable score of 80%, reflecting solid accountability and financial management practices. The rating is based entirely on the organization's financial health, which showcases a strong commitment to maintaining an independent and effective board structure, with 100% of board members being independent.
Strengths include a notable program expense ratio of 92.76%, indicating that a significant portion of their expenses is directed towards programs rather than administrative costs. Additionally, the organization has no liabilities relative to its assets, suggesting a strong financial position. The presence of a conflict of interest policy and the documentation of board meeting minutes further demonstrate good governance practices.
While the overall rating is favorable, it is based solely on financial metrics, which may not provide a complete picture of the organization's impact or effectiveness in fulfilling its mission. However, the positive indicators of accountability and financial health establish a strong foundation for trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Los Altos Sunset Rotary Club Endowment Fund Inc legitimate?
Los Altos Sunset Rotary Club Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Altos Sunset Rotary Club Endowment 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
For more financial information, click here
What is the mission statement of Los Altos Sunset Rotary Club Endowment Fund Inc?
The Los Altos Sunset Rotary Club Endowment Fund Inc is established for charitable, scientific, testing for public safety, literary, or educational purposes. It also supports national or international amateur sports competitions, but only if these activities do not involve the provision of athletic facilities or equipment. Additionally, the organization is dedicated to preventing cruelty towards children and animals.
Who is the CEO of Los Altos Sunset Rotary Club Endowment Fund Inc?
Shawn Curby is the President/ Ceo of Los Altos Sunset Rotary Club Endowment Fund Inc. The CEO's salary of Los Altos Sunset Rotary Club Endowment Fund Inc is $0 and their total compensation is $0.
What is the revenue of Los Altos Sunset Rotary Club Endowment Fund Inc?
Los Altos Sunset Rotary Club Endowment Fund Inc's revenue in 2022 was $82,355.
Who are the executives of Los Altos Sunset Rotary Club Endowment Fund Inc and what are their salaries?
There 3 volunteers at Los Altos Sunset Rotary Club Endowment Fund Inc.
Here are 3 key members and their salaries (Los Altos Sunset Rotary Club Endowment Fund Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Los Altos Sunset Rotary Club Endowment Fund Inc?
Los Altos Sunset Rotary Club Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Los Altos Sunset Rotary Club Endowment Fund Inc
Los Altos Sunset Rotary Club Endowment Fund Inc is a charitable organization with a multifaceted mission. It is primarily focused on serving socially beneficial purposes, such as promoting education, literacy, scientific research, public safety, and the prevention of cruelty towards children and animals. Additionally, the organization supports amateur sports competitions, provided that these activities do not involve the provision of athletic facilities or equipment. This mission statement signifies Los Altos Sunset Rotary Club Endowment Fund Inc's commitment to contributing positively to various aspects of society, widening its scope to support various community needs and fostering a sense of camaraderie and competition through sports.
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Impact
October, 2024
The Los Altos Sunset Rotary Club Endowment Fund Inc significantly enhances community well-being through a focused approach to charitable, scientific, literary, and educational initiatives. By fostering awareness and engagement in various social issues, the fund channels resources toward programs that promote public safety and contribute to the prevention of cruelty to children and animals.
Moreover, it supports amateur sports competitions, enriching participants’ lives and encouraging teamwork and personal development, without direct investment in athletic facilities or equipment. Through these efforts, the endowment fund impacts the local community by addressing vital needs, promoting education, and enhancing social responsibility, all of which contribute to the overall improvement and enrichment of society in Los Altos and beyond.
This information is meant to be a general summary of Los Altos Sunset Rotary Club Endowment 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 2022.
- Investment Income: $81,936
- Gross Receipts: $244,859
Assets and Liabilities:
- Total Assets: $1,322,187
- Total Liabilities: $0
- Net Assets: $1,322,187
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Organization Details
Founding Year
1990
Phone
(650) 260-4053Principal Officer
Shawn Curby
Main Address
PO BOX 3201, LOS ALTOS, CA, 94024
NTEE Category
Code: S80 - Community improvement
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