Overview
What is Seattle Rotary Service Foundation?
Seattle Rotary Service Foundation is a nonprofit organization situated in Seattle, Washington. Their primary mission is to collect, manage, and distribute funds to support the charitable endeavors of the Rotary Club of Seattle. In accordance with this mission, the foundation has been chosen by the Bill & Melinda Gates Foundation to serve as a fiscal sponsor, facilitating up to $750,000 in matching support for Rotary malaria projects. These projects include collaborating with Malaria Partners International to empower community health workers in Zambia, implementing indoor mosquito spraying in Ghana, and promoting malaria education in Gambia and Senegal. The foundation's activities contribute significantly to global health initiatives, focusing on eradicating malaria.
Official website here: www.seattlerotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Seattle Rotary Service Foundation holds an 81% rating, indicating a solid performance in areas of accountability and finance. The organization demonstrates strong governance practices, as all board members are independent, and they have robust policies in place for conflict of interest, whistleblower protections, and document retention. Additionally, the foundation has achieved a perfect score for its liabilities to assets ratio, showcasing good financial health.
One of the notable strengths of the foundation is its high program expense ratio, which stands at 91.52%, meaning that a significant portion of its expenditures directly supports its mission-related programs. This efficiency in funding allocation reflects a commitment to maximizing the impact of donations.
There are no significant concerns regarding material diversion of assets or transparency, as the charity consistently lists its website on tax forms and provides documented board meeting minutes. Overall, while the organization has room for improvement, its strong governance and financial practices position it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Seattle Rotary Service Foundation legitimate?
Seattle Rotary Service Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seattle Rotary Service 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.
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Official website here: www.seattlerotary.org
What is the mission statement of Seattle Rotary Service Foundation?
The Seattle Rotary Service Foundation's primary mission is to gather, manage, and distribute funds to support the service initiatives of the Rotary Club of Seattle. This organization plays a crucial role in facilitating projects aimed at eradicating malaria, in partnership with organizations such as Malaria Partners Int'l. Their efforts have involved funding community health workers in Zambia, providing indoor mosquito spraying in Ghana, and offering malaria education in Gambia and Senegal. The foundation's mission is also centered around supporting the service activities of the Rotary Club of Seattle.
Official website here: www.seattlerotary.org
Who is the CEO of Seattle Rotary Service Foundation?
David Kraft is the President of Seattle Rotary Service Foundation.
Official website here: www.seattlerotary.org
What is the revenue of Seattle Rotary Service Foundation?
Seattle Rotary Service Foundation's revenue in 2022 was $798,230.
Official website here: www.seattlerotary.org
Who are the executives of Seattle Rotary Service Foundation and what are their salaries?
There 360 volunteers at Seattle Rotary Service Foundation.
Here are 17 key members and their salaries:
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Official website here: www.seattlerotary.org
Where can I find the form 990 for Seattle Rotary Service Foundation?
Seattle Rotary Service Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seattlerotary.org
Learn more at the official website: www.seattlerotary.org
Mission Statement of Seattle Rotary Service Foundation
The Seattle Rotary Service Foundation's mission is centered around raising, managing, and distributing funds to support the service activities of the Rotary Club of Seattle. This nonprofit organization serves as a vital resource, enabling the Rotary Club of Seattle to carry out its humanitarian initiatives effectively.
A notable aspect of Seattle Rotary Service Foundation's mission is its involvement in eradicating malaria. In partnership with Malaria Partners Int'l, the foundation acts as a fiscal sponsor, facilitating up to $750,000 in matching support for Rotary malaria projects. These projects span various countries, including Zambia, Ghana, Gambia, and Senegal. The initiatives range from supporting community health workers in Zambia, providing indoor mosquito spraying in Ghana, to delivering malaria education in Gambia and Senegal. By taking on this role, the Seattle Rotary Service Foundation is playing a significant part in global health efforts, contributing to the fight against malaria.
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Impact
July, 2024
Seattle Rotary Service Foundation's impact is focused on eradicating malaria by supporting various projects in partnership with Malaria Partners Int'l. They are working to provide crucial support such as community health workers in Zambia, indoor mosquito spraying in Ghana, and malaria education in Gambia and Senegal. Additionally, the foundation has been selected by the Bill & Melinda Gates Foundation to facilitate up to $750,000 in matching support for Rotary malaria projects. Through these initiatives, they are making a meaningful difference in the fight against malaria and improving the health and well-being of communities in these regions.
This information is meant to be a general summary of Seattle Rotary Service 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.
- Investment Income: $39,441
- Gross Receipts: $810,578
Assets and Liabilities:
- Total Assets: $1,712,822
- Total Liabilities: $0
- Net Assets: $1,712,822
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Organization Details
Founding Year
1968
Phone
(206) 623-0023Principal Officer
David Kraft
Main Address
1326 5TH AVENUE 342, SEATTLE, WA, 98101
Website
www.seattlerotary.orgNTEE Category
Code: S800 - Community improvement
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