Overview
What is Port Orford Rotary Scholarship Foundation Inc?
Port Orford Rotary Scholarship Foundation Inc is a charitable organization located in Port Orford, Oregon. Their primary mission is to provide financial aid in the form of scholarships to deserving high school graduates from the local area. This year, they were able to grant scholarships totaling $9,500 to several deserving students. The foundation operates from a postal address and appears to be actively engaged in its mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Port Orford Rotary Scholarship Foundation Inc has received a Two-Star rating from Charity Navigator, indicating an overall score of 73%. This rating is derived solely from its Accountability & Finance score, reflecting a strong commitment to financial transparency and responsibility. Notably, the organization boasts a 100% independent board, which is a positive indicator of its governance structure.
Strengths of the foundation include a remarkable program expense ratio of 99.52%, demonstrating that nearly all expenditures are directed towards its mission of providing scholarships. Additionally, the foundation has no liabilities, which suggests a solid financial standing with minimal risk. The organization also documents its board meeting minutes, further enhancing its accountability practices.
However, with the overall rating being a Two-Star, potential donors might consider this performance as below the optimal benchmark for accountability and transparency. While the financial practices are commendable, the single-focus rating implies limited performance in other critical areas that may affect overall operational effectiveness or impact measurement.
This AI summary has been generated from information found on Charity Navigator.
Is Port Orford Rotary Scholarship Foundation Inc legitimate?
Port Orford Rotary Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Port Orford Rotary Scholarship Foundation Inc 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
What is the mission statement of Port Orford Rotary Scholarship Foundation Inc?
The Port Orford Rotary Scholarship Foundation Inc's mission is centered around providing financial assistance to local high school graduates. This non-profit organization strives to support the educational aspirations of these students by awarding scholarships annually. This year, they distributed $9,500 in scholarships to numerous deserving students. The foundation's mission is aimed at helping young individuals in their pursuit of higher education, thereby contributing to their personal growth and the betterment of their communities.
Who is the CEO of Port Orford Rotary Scholarship Foundation Inc?
Bren Hodge is the Chair of Port Orford Rotary Scholarship Foundation Inc.
What is the revenue of Port Orford Rotary Scholarship Foundation Inc?
Port Orford Rotary Scholarship Foundation Inc's revenue in 2022 was $44,607.
Who are the executives of Port Orford Rotary Scholarship Foundation Inc and what are their salaries?
There 15 volunteers at Port Orford Rotary Scholarship Foundation Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Port Orford Rotary Scholarship Foundation Inc?
Port Orford Rotary Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Port Orford Rotary Scholarship Foundation Inc
The Port Orford Rotary Scholarship Foundation Inc is committed to providing financial aid to deserving high school graduates hailing from their local area. This nonprofit organization's mission is centered around offering scholarships, serving as a vital source of support for young individuals as they embark on their academic journeys. In the recent year, the Foundation has awarded a significant sum of $9,500 to several promising high school students, reaffirming their unwavering dedication to this cause.
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Impact
August, 2024
Port Orford Rotary Scholarship Foundation Inc's impact is direct and significant. This year alone, they awarded $9,500 in scholarships to several high school students in their local area. By providing this financial support, they are making higher education more accessible for these students, helping them pursue their academic and career goals. This not only benefits the individual recipients but also has a positive ripple effect on the community as a whole by investing in the education and future success of its young members.
This information is meant to be a general summary of Port Orford Rotary Scholarship Foundation Inc. 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: $33,499
- Gross Receipts: $44,607
Assets and Liabilities:
- Total Assets: $594,135
- Total Liabilities: $0
- Net Assets: $594,135
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Organization Details
Founding Year
1994
Principal Officer
Bren Hodge
Main Address
PO Box 1284, Port Orford, OR, 97465
NTEE Category
Code: B82 - Education
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