Overview
What is Bremerton Rotary Foundation?
The Bremerton Rotary Foundation is a nonprofit organization situated in Bremerton, Washington. Its primary focus lies in community service, with a mission to provide financial assistance to various community welfare agencies, high school students through scholarships, and international grants. The foundation also awards Ryla scholarships to Pacific Lutheran University. This philanthropic entity plays a significant role in enriching the lives of its local community and beyond, through its generosity and commitment to education.
Official website here: www.bremertonrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This score indicates that the Bremerton Rotary Foundation has demonstrated a strong commitment to accountability and finance. The rating is derived entirely from its Accountability & Finance performance, showcasing solid management practices.
Strengths highlighted in the rating include a fully independent board of directors and no material diversion of assets, which reflect strong governance. The charity maintains a high program expense ratio of 89.86%, indicating that most of its expenditures directly support its charitable programs. Transparency is evident with key documents such as board meeting minutes readily available on their website.
However, there are limitations noted, particularly the lack of a whistleblower policy and a document retention and destruction policy, which could impact organizational transparency and accountability. These areas suggest an opportunity for the Bremerton Rotary Foundation to enhance its governance practices further. Overall, the foundation demonstrates a strong financial health and commitment to its mission, but attention to these policy gaps could strengthen its standing further.
This AI summary has been generated from information found on Charity Navigator.
Is Bremerton Rotary Foundation legitimate?
Bremerton Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bremerton Rotary 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
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Official website here: www.bremertonrotary.org
What is the mission statement of Bremerton Rotary Foundation?
The Bremerton Rotary Foundation is dedicated to community service, primarily through grant provision. These grants support local welfare agencies, aid high school students with scholarships, and extend assistance internationally. The foundation also funds scholarships for Bremerton High School students to attend colleges and provides RYLA scholarships to Pacific Lutheran University. Overall, the Bremerton Rotary Foundation aims to enhance community welfare and provide opportunities for education.
Official website here: www.bremertonrotary.org
Who is the CEO of Bremerton Rotary Foundation?
Dennis Treger is the President of Bremerton Rotary Foundation.
Official website here: www.bremertonrotary.org
What is the revenue of Bremerton Rotary Foundation?
Bremerton Rotary Foundation's revenue in 2023 was $51,505.
Official website here: www.bremertonrotary.org
Who are the executives of Bremerton Rotary Foundation and what are their salaries?
There 55 volunteers at Bremerton Rotary Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.bremertonrotary.org
Where can I find the form 990 for Bremerton Rotary Foundation?
Bremerton Rotary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bremertonrotary.org
Learn more at the official website: www.bremertonrotary.org
Mission Statement of Bremerton Rotary Foundation
The Bremerton Rotary Foundation is committed to serving the community through various initiatives. At its core, the foundation provides financial aid to community welfare agencies, supports high school students with scholarships, and extends its reach internationally by offering grants. By funding community programs, the foundation aims to enhance the well-being of local residents. Furthermore, the foundation invests in the future of young scholars by offering scholarships to deserving high school students, thereby enabling them to pursue higher education. Additionally, Bremerton Rotary Foundation extends its philanthropic activities beyond the local sphere, extending scholarships to Pacific Lutheran University through its RYLA program. In essence, the Bremerton Rotary Foundation is dedicated to uplifting its community, fostering education, and making a positive impact globally.
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Impact
August, 2024
The Bremerton Rotary Foundation's impact can be seen in its commitment to community service. By providing grants to local community welfare agencies, scholarships to high school students, and international grants, the foundation actively contributes to improving the quality of life for individuals and communities in need. Additionally, through scholarships paid to colleges on behalf of Bremerton high school students and RYLA scholarships to Pacific Lutheran University, the foundation supports the academic pursuits and personal development of future leaders. Overall, the Bremerton Rotary Foundation plays a vital role in fostering community improvement and creating lasting positive change.
This information is meant to be a general summary of Bremerton Rotary 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: -$18,068
- Gross Receipts: $161,193
Assets and Liabilities:
- Total Assets: $1,322,383
- Total Liabilities: $0
- Net Assets: $1,322,383
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Organization Details
Founding Year
1983
Phone
(360) 710-7793Principal Officer
Dennis Treger
Main Address
P O BOX 242, BREMERTON, WA, 98337
Website
www.bremertonrotary.orgNTEE Category
Code: S80 - Community improvement
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