Overview
What is Madison Rotary Foundation?
The Madison Rotary Foundation is a charitable organization situated in Madison, Wisconsin, specifically at 2 S Carroll Street 255. Their primary role involves awarding scholarships to deserving students and providing grants to various community organizations in need. In 2022, the foundation granted aid to 42 organizations, each serving a diverse number of individuals within the community, with the number of recipients ranging from ten to over a thousand. This nonprofit plays a significant role in uplifting the community by supporting various charitable initiatives.
Official website here: www.rotarymadison.org/our-foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Madison Rotary Foundation has achieved an impressive 96% score from Charity Navigator, signifying a Four-Star rating. This high rating reflects the organization's strong commitment to accountability and finance, which is critical for donor trust and effective use of funds. The overall score is derived entirely from its accountability and finance category, indicating a robust operational framework.
One of the notable strengths of the Madison Rotary Foundation is its fully independent board, consisting of 15 members, which enhances transparency and governance. The organization also scores perfectly on several financial metrics, including material diversion of assets and the program expense ratio, indicating that a significant majority of its funds are directed towards its programs rather than administrative expenses.
While the foundation demonstrates exceptional financial oversight and transparency, it is important for potential donors and stakeholders to consider how these strengths translate into the impact of its programs in the community. Overall, the Madison Rotary Foundation appears to be well-managed and accountable, making it a trustworthy choice for those looking to support charitable efforts.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Madison Rotary Foundation?
100% of 16 reviewers on Facebook recommend the Madison Rotary Foundation. Here is a summary of their reviews:
The organization is highly regarded for its dedication to service, with many users praising the commitment of its members to improve both the local community and global initiatives. Reviewers frequently highlight the positive impact the foundation has made through its various programs and projects.
Overall, there is a strong sense of satisfaction among supporters, who appreciate the foundation's focus on altruism and community involvement. The Madison Rotary Foundation is viewed as a trustworthy and effective nonprofit, consistently delivering on its mission to serve others.
This AI summary has been generated from reviews found on Facebook.
Is Madison Rotary Foundation legitimate?
Madison Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison 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:
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Official website here: www.rotarymadison.org/our-foundation/
What is the mission statement of Madison Rotary Foundation?
The Madison Rotary Foundation's mission is centered around awarding scholarships to deserving students and providing grants to community charitable organizations. In line with this mission, the foundation offers financial aid to various organizations serving individuals in need. In 2022, 42 such organizations benefited from the foundation's grants, each catering to a varying number of individuals within their community, ranging from ten to over a thousand.
Official website here: www.rotarymadison.org/our-foundation/
Who is the CEO of Madison Rotary Foundation?
Dawn Crim is the President of Madison Rotary Foundation.
Official website here: www.rotarymadison.org/our-foundation/
What is the revenue of Madison Rotary Foundation?
Madison Rotary Foundation's revenue in 2022 was $1,258,120.
Official website here: www.rotarymadison.org/our-foundation/
Who are the executives of Madison Rotary Foundation and what are their salaries?
There 75 volunteers at Madison Rotary Foundation.
Here are 19 key members and their salaries:
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Official website here: www.rotarymadison.org/our-foundation/
Where can I find the form 990 for Madison Rotary Foundation?
Madison Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rotarymadison.org/our-foundation/
Learn more at the official website: www.rotarymadison.org/our-foundation/
Mission Statement of Madison Rotary Foundation
Madison Rotary Foundation, a notable organization, is committed to awarding scholarships to deserving students and providing grants to community charitable organizations. The mission of this foundation is multifaceted, aiming to support both the educational aspirations of young individuals and the needs of those in distress within the community. Through its Community Grants Program, the foundation provides financial aid to various organizations that serve individuals in need. In 2022 alone, 42 such organizations received grants from the Madison Rotary Foundation, each catering to a varying number of individuals in their respective communities, ranging from ten to over a thousand. This philanthropic approach of the Madison Rotary Foundation contributes significantly to the betterment of the community, ensuring that those most in need have access to essential resources and support.
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Impact
July, 2024
Madison Rotary Foundation's impact is significant in the community. Through their community grants program, they provide support to organizations serving individuals in need. In 2022, 42 organizations received grants from the foundation, each benefiting a varying number of recipients ranging from 10 to over 1,000. This demonstrates the foundation's commitment to improving the lives of those in need in Madison, Wisconsin.
This information is meant to be a general summary of Madison 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: $862,111
- Gross Receipts: $1,916,240
Assets and Liabilities:
- Total Assets: $14,566,656
- Total Liabilities: $1,207,017
- Net Assets: $13,359,639
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Organization Details
Founding Year
1932
Phone
(608) 255-9164Principal Officer
Dawn Crim
Main Address
2 S CARROLL STREET 255, MADISON, WI, 53703
NTEE Category
Code: S800 - Community improvement
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