Overview
What is Foundation Of The Rotary Club Of Mercer Island?
The Foundation of the Rotary Club of Mercer Island is a nonprofit organization, situated in Mercer Island, Washington. Its primary mission is to collect and distribute funds to other 501C3 charitable organizations. The foundation plays a vital role in raising and soliciting funds, which are subsequently allocated to these charitable organizations to support their various initiatives and causes. The organization's address is PO Box 1, Mercer Island, WA 98040.
Official website here: www.mirotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Foundation of the Rotary Club of Mercer Island has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization's overall score is derived from a comprehensive assessment of its operations, with 100% of the evaluation focusing on these critical areas. This rating signifies a high level of transparency and reliability in managing its resources.
One of the organization's key strengths is its governance structure, which boasts a fully independent board consisting of six members. This independence is crucial for maintaining objectivity in decision-making. Additionally, the foundation has demonstrated excellent financial health, with a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its resources are allocated directly to fulfilling its mission.
However, the organization does have a notable limitation: it lacks a whistleblower policy, which could enhance its accountability measures further. Despite this, the Foundation of the Rotary Club of Mercer Island shows a robust commitment to ethical practices and community support, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Of The Rotary Club Of Mercer Island legitimate?
Foundation Of The Rotary Club Of Mercer Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The Rotary Club Of Mercer Island 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: $27,000
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mirotary.org
What is the mission statement of Foundation Of The Rotary Club Of Mercer Island?
The Foundation of the Rotary Club of Mercer Island's mission is centered around fundraising and distribution. Specifically, it aims to gather funds and allocate them to eligible 501C3 charitable organizations. This mission serves to support various charitable initiatives and causes across different sectors, thereby contributing to the betterment of communities. The foundation's role is crucial in providing financial assistance to organizations that are dedicated to making a positive impact in society.
Official website here: www.mirotary.org
Who is the CEO of Foundation Of The Rotary Club Of Mercer Island?
Elizabeth Baska is the President of Foundation Of The Rotary Club Of Mercer Island.
Official website here: www.mirotary.org
What is the revenue of Foundation Of The Rotary Club Of Mercer Island?
Foundation Of The Rotary Club Of Mercer Island's revenue in 2023 was $37,905.
Official website here: www.mirotary.org
Who are the executives of Foundation Of The Rotary Club Of Mercer Island and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.mirotary.org
Where can I find the form 990 for Foundation Of The Rotary Club Of Mercer Island?
Foundation Of The Rotary Club Of Mercer Island's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mirotary.org
Learn more at the official website: www.mirotary.org
Mission Statement of Foundation Of The Rotary Club Of Mercer Island
The Foundation of the Rotary Club of Mercer Island is committed to raising and soliciting funds for distribution to eligible 501c3 charitable organizations. This nonprofit organization focuses on collecting resources and channeling them towards deserving charities, aiming to make a positive impact in various communities. By supporting these charities financially, the Foundation of the Rotary Club of Mercer Island contributes to a wide range of social causes, ensuring that the funds reach organizations that make a difference in people's lives.
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Impact
August, 2024
The Foundation of the Rotary Club of Mercer Island contributes significantly to supporting 501c3 charitable organizations through raising and soliciting funds. Its impact is crucial in providing financial assistance to various organizations dedicated to human services in the Mercer Island community and beyond. Through its efforts, the Foundation helps improve the lives of individuals in need and fosters a sense of community welfare.
This information is meant to be a general summary of Foundation Of The Rotary Club Of Mercer Island. 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.
- Investment Income: $807
- Gross Receipts: $48,078
Assets and Liabilities:
- Total Assets: $167,441
- Total Liabilities: $40,277
- Net Assets: $127,164
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Organization Details
Founding Year
1978
Phone
(206) 236-0905Principal Officer
Elizabeth Baska
Main Address
PO BOX 1, MERCER ISLAND, WA, 98040
Website
www.mirotary.orgNTEE Category
Code: P12 - Human services
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