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Rotary Club Of Pasadena Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 870749981 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of Pasadena Foundation?

The Rotary Club of Pasadena Foundation is a nonprofit organization situated in the San Gabriel Valley. Their primary mission is to contribute to charitable causes within this region. One of their significant initiatives is the Bikes for Christmas program, which raised an impressive $9,178 in donations. This foundation's overarching goal is to support various charitable endeavors within the San Gabriel Valley, aiming to positively impact local communities.


Official website here: www.pasadenarotaryfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Stars

The Rotary Club of Pasadena Foundation has achieved an exemplary rating of 100%, reflecting its commitment to accountability and financial transparency. The rating is solely based on its Accountability & Finance score, which indicates a strong adherence to best practices in nonprofit management. This high rating suggests that the organization is effectively managing its resources and is likely to be a reliable choice for donors.

One of the foundation's significant strengths is its fully independent board, comprised of five members, which ensures that governance decisions are made without conflicts of interest. The organization has implemented thorough policies, such as conflict of interest and whistleblower policies, and maintains comprehensive documentation of board meeting minutes. Additionally, the foundation demonstrates prudent financial management with a low liabilities to assets ratio and an impressive program expense ratio of 96.33%, indicating that a large portion of its expenditures directly supports its mission.

While the foundation scores highly across various metrics, ongoing attention to maintaining transparency and independent oversight will continue to be essential as it seeks to uphold its reputation. Overall, the Rotary Club of Pasadena Foundation exemplifies a well-managed charity, making it a trustworthy option for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Rotary Club Of Pasadena Foundation legitimate?

Rotary Club Of Pasadena Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Pasadena 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.


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


Official website here: www.pasadenarotaryfoundation.com

What is the mission statement of Rotary Club Of Pasadena Foundation?

The Rotary Club of Pasadena Foundation's mission is centered around supporting charitable initiatives within the San Gabriel Valley. They carry out this mission by engaging in various programs, one of which is 'Bikes for Christmas', which raised an impressive sum of $9,178. The foundation's primary goal is to contribute positively to the local community by supporting charitable endeavors, without specifying any particular focus or cause.


Official website here: www.pasadenarotaryfoundation.com

What is the revenue of Rotary Club Of Pasadena Foundation?

Rotary Club Of Pasadena Foundation's revenue in 2023 was $93,026.


Official website here: www.pasadenarotaryfoundation.com

Who are the executives of Rotary Club Of Pasadena Foundation and what are their salaries?

There 7 volunteers at Rotary Club Of Pasadena Foundation.

Here are 5 key members and their salaries:


Marshall Fuss (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Crandon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean E Cain (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Raff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justine Adamec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pasadenarotaryfoundation.com

Where can I find the form 990 for Rotary Club Of Pasadena Foundation?

Rotary Club Of Pasadena Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pasadenarotaryfoundation.com

Learn more at the official website: www.pasadenarotaryfoundation.com

Mission Statement of Rotary Club Of Pasadena Foundation

The Rotary Club of Pasadena Foundation is dedicated to supporting charitable initiatives within the San Gabriel Valley. Their mission is centered around contributing to various philanthropic endeavors in this region, demonstrating a commitment to bettering the community. One of their notable programs is Bikes for Christmas, which raised an impressive $9,178. This initiative showcases the foundation's dedication to enhancing the lives of those in their community, in this case, by providing children with the joy of receiving a bicycle during the holiday season.

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Impact




October, 2024

The Rotary Club of Pasadena Foundation has made a significant impact in the San Gabriel Valley by actively supporting various charitable endeavors. Among its initiatives is the Bikes for Christmas program, which successfully raised $9,178 to provide bicycles to those in need. This program reflects the foundation’s commitment to enhancing the quality of life in the community through educational support and tangible assistance. By focusing on charitable activities, the foundation plays a vital role in addressing local needs and uplifting residents in Pasadena and surrounding areas.




This information is meant to be a general summary of Rotary Club Of Pasadena 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.

Revenue
$93,026 (2023)
Expenses
$75,728 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $34,733
  • Gross Receipts: $93,026

Assets and Liabilities:

  • Total Assets: $1,171,197
  • Total Liabilities: $0
  • Net Assets: $1,171,197

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Organization Details

Founding Year

2005

Principal Officer

Marshall Fuss

NTEE Category

Code: B11 - Education

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