Overview
What is Maple Valley Rotary Foundation?
Maple Valley Rotary Foundation is a nonprofit organization situated in Maple Valley, Washington. Their primary focus is on supporting various organizations locally, vocationally, and internationally. This is achieved through fundraising activities in association with the Rotary District and Rotary International. One of their significant projects involves providing monetary support to a hospital in Anba Takla, Egypt, in collaboration with multiple Rotary clubs and Rotary International. The foundation also uses funds raised through annual auctions for unrestricted use in all projects, including local services and international programs, the following fiscal year. The mission of Maple Valley Rotary Foundation is to foster the spirit of service, encouraging and promoting community betterment in line with the Rotary Club of Maple Valley's values.
Official website here: www.maplevalleyrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Maple Valley Rotary Foundation has achieved a respectable Three-Star rating, reflecting its overall score of 76%. This rating is based entirely on accountability and finance metrics, indicating a strong focus on how the organization manages its resources. The foundation demonstrates excellent governance with a fully independent board and no material diversion of assets, showcasing a commitment to transparency and financial integrity.
Strengths include a high program expense ratio of 87.60%, which suggests that the majority of funds are directed towards its programs rather than administrative costs. Additionally, the foundation has a good track record in maintaining financial health, illustrated by a low liabilities-to-assets ratio of 3.38%. The presence of all board members being independent and properly listed documentation adds to the foundation's credibility.
However, there are notable limitations, particularly in the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps in governance policies could raise concerns about the organization’s operational transparency and risk management practices. Overall, while the Maple Valley Rotary Foundation performs well in several areas, it would benefit from addressing its policy deficiencies.
This AI summary has been generated from information found on Charity Navigator.
Is Maple Valley Rotary Foundation legitimate?
Maple Valley Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maple Valley 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
For more financial information, click here
Official website here: www.maplevalleyrotary.org
What is the mission statement of Maple Valley Rotary Foundation?
The Maple Valley Rotary Foundation's mission is centered around providing support to various organizations locally, vocationally, and internationally. Associated with the Rotary District and Rotary International, the foundation conducts fundraising activities to contribute to these causes. Their mission is rooted in the Rotary Club of Maple Valley's ethos of encouraging and promoting service. The foundation has also collaborated with multiple Rotary clubs and Rotary International to offer monetary support for a hospital in Anba Takla, Egypt. Moreover, the foundation utilizes funds raised through annual auctions to support its projects in various sectors, including local services, youth services, and international programs.
Official website here: www.maplevalleyrotary.org
Who is the CEO of Maple Valley Rotary Foundation?
Eric Vanruff is the Foundation Chair of Maple Valley Rotary Foundation.
Official website here: www.maplevalleyrotary.org
What is the revenue of Maple Valley Rotary Foundation?
Maple Valley Rotary Foundation's revenue in 2022 was $509,623.
Official website here: www.maplevalleyrotary.org
Who are the executives of Maple Valley Rotary Foundation and what are their salaries?
There 78 volunteers at Maple Valley Rotary Foundation.
Here are 7 key members and their salaries:
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Official website here: www.maplevalleyrotary.org
Where can I find the form 990 for Maple Valley Rotary Foundation?
Maple Valley Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maplevalleyrotary.org
Learn more at the official website: www.maplevalleyrotary.org
Mission Statement of Maple Valley Rotary Foundation
Maple Valley Rotary Foundation, a relative entity to the Rotary Club of Maple Valley, is committed to carrying out fundraising initiatives to support various local projects, youth services, and international programs. Aligned with Rotary District and Rotary International, this nonprofit organization's primary mission is to provide both local and international support to numerous organizations. Encouraging and fostering the principle of service, the Foundation serves as a testament to Rotary's ideals by contributing to the betterment of communities worldwide.
In the realm of international aid, Maple Valley Rotary Foundation collaborates with multiple Rotary Clubs and Rotary International to provide monetary assistance for a hospital in Anba Takla, Egypt. By working together with these organizations, the Foundation plays a significant role in supporting healthcare infrastructure and improving the well-being of individuals in different parts of the world. In addition to international projects, the Foundation also undertakes local initiatives and provides vocational support to various organizations, thereby contributing to the betterment of their respective communities.
Furthermore, the Foundation conducts an annual event called "Auction Fund a Need." The proceeds from this event, such as those from this current fiscal year, are utilized to provide unrestricted funds to the Foundation for use in all its projects, including local, service, and international initiatives, in the following fiscal year. This flexible funding approach allows the Foundation to respond to the changing needs of the communities it serves and to allocate resources effectively towards achieving its mission of providing support to organizations in need.
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Impact
July, 2024
Maple Valley Rotary Foundation's impact includes conducting fundraising to support local projects, youth services, and international programs in association with Rotary District and Rotary International. They collaborate with multiple Rotary clubs and Rotary International to provide monetary support for a hospital in Anba Takla, Egypt. In addition, their Auction Fund a Need initiative generates unrestricted funds to be used in various projects for the following fiscal year. The Foundation's mission is to provide local, vocational, and international support to various organizations, contributing to community improvement.
This information is meant to be a general summary of Maple Valley 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 2022.
- Investment Income: $17
- Gross Receipts: $519,240
Assets and Liabilities:
- Total Assets: $594,209
- Total Liabilities: $26,358
- Net Assets: $567,851
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Organization Details
Founding Year
1994
Phone
(425) 207-2513Principal Officer
Eric Vanruff
Main Address
PO BOX 1102, MAPLE VALLEY, WA, 98038
Website
www.maplevalleyrotary.orgNTEE Category
Code: S80 - Community improvement
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