Overview
What is Sumner Rotary Club Foundation?
The Sumner Rotary Club Foundation is a charitable and educational nonprofit organization situated in an unspecified location. Its primary mission involves providing assistance through scholarships and emergency aid. The foundation awards fourteen scholarships annually to deserving graduating seniors from Sumner High School and Bonney Lake High School, enabling them to pursue higher education at accredited colleges, universities, or vocational programs. Apart from scholarships, the foundation extends a helping hand to individuals in need, offering emergency aid to cover housing expenses.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 73%)
The Sumner Rotary Club Foundation has received a two-star rating from Charity Navigator, indicating that there are several areas needing improvement, despite a strong performance in accountability and finance. The foundation achieved a perfect score in multiple categories, including majority independent board members and the lack of material diversion of assets, showcasing a well-structured governance framework.
However, the organization has several significant shortcomings, particularly regarding policy transparency. Missing documents such as a conflict of interest policy, whistleblower policy, and document retention policy have contributed to its lower overall rating. Additionally, the foundation's website is not listed on its tax form, and required financial documents are not posted online, raising concerns about accessibility and accountability.
Despite these challenges, the foundation maintains a high program expense ratio of 98.60%, indicating that a large portion of its expenses is directed towards its charitable programs. This focus on effective program delivery reflects positively on its mission-driven efforts, even as it works to strengthen its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Sumner Rotary Club Foundation legitimate?
Sumner Rotary Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sumner Rotary Club 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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What is the mission statement of Sumner Rotary Club Foundation?
The Sumner Rotary Club Foundation focuses on providing charitable and educational services. One of its primary objectives is to award scholarships to graduating seniors from Sumner High School and Bonney Lake High School, enabling them to pursue higher education at accredited colleges, universities, or vocational programs. Each year, the foundation grants fourteen scholarships. Beyond scholarships, the foundation also offers emergency assistance with housing expenses for individuals in need. In this capacity, it seeks to alleviate financial burdens and support those in need within its community.
Who is the CEO of Sumner Rotary Club Foundation?
Natasha Gunia is the President of Sumner Rotary Club Foundation.
What is the revenue of Sumner Rotary Club Foundation?
Sumner Rotary Club Foundation's revenue in 2023 was $36,006.
Who are the executives of Sumner Rotary Club Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Sumner Rotary Club Foundation?
Sumner Rotary Club Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sumner Rotary Club Foundation
The Sumner Rotary Club Foundation is committed to providing charitable and educational services. At its core, the foundation's mission is to support the continued education of students. Every year, it awards fourteen scholarships to graduating seniors from Sumner High School and Bonney Lake High School, enabling them to pursue their studies at any accredited college, university, or vocational program.
Beyond academic support, the Sumner Rotary Club Foundation also extends a helping hand to individuals in need. It offers emergency assistance with housing expenses, providing a safety net during challenging times. By doing so, the foundation demonstrates its dedication to improving the lives of its community members, going beyond just academic achievements.
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Impact
August, 2024
The Sumner Rotary Club Foundation's impact can be seen through its dedication to providing educational opportunities and essential assistance to individuals in need. By awarding scholarships to graduating seniors from Sumner High School and Bonney Lake High School, the foundation is enabling individuals to pursue their academic goals and further their education. Additionally, the foundation's emergency assistance program for housing expenses offers crucial support to those facing financial hardship. Through these initiatives, the Sumner Rotary Club Foundation is making a tangible difference in the lives of individuals in the community by fostering education and supporting community members in times of need.
This information is meant to be a general summary of Sumner Rotary Club 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 2023.
- Investment Income: $2,766
- Gross Receipts: $242,182
Assets and Liabilities:
- Total Assets: $536,063
- Total Liabilities: $0
- Net Assets: $536,063
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Organization Details
Founding Year
1981
Principal Officer
Natasha Gunia
Main Address
PO Box 272, Sumner, WA, 983900050
NTEE Category
Code: S80Z - Community improvement
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