Overview
What is Stockton Rotary Endowment?
The Stockton Rotary Endowment is a philanthropic entity based in Stockton, California. It primarily focuses on granting cash to charitable organizations situated within San Joaquin County, California. The organization's primary objective is to distribute allocations and make payments to these local charitable organizations, aiming to contribute positively to their community.
Official website here: www.stocktonrotary.org/endowment
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Stockton Rotary Endowment has received an 83% score from Charity Navigator, reflecting a solid performance in accountability and finance. With 100% of its board members being independent, the organization demonstrates strong governance practices. Additionally, it has a notable program expense ratio of 80.09%, indicating that the majority of its funds are directed towards its programs and mission.
However, there are some areas for improvement, particularly in policies that ensure transparency and accountability. The organization is lacking both a whistleblower policy and a document retention and destruction policy, which could enhance its governance framework. Despite these limitations, the absence of material asset diversion and a strong liabilities to assets ratio of 0.00% are positive indicators of financial health.
Overall, while the Stockton Rotary Endowment shows commendable strengths in governance and program funding, addressing its policy gaps could further bolster its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Stockton Rotary Endowment legitimate?
Stockton Rotary Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stockton Rotary Endowment 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: $10,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.stocktonrotary.org/endowment
What is the mission statement of Stockton Rotary Endowment?
The Stockton Rotary Endowment's mission involves allocating funds and making payments to charitable organizations. Specifically, it focuses on providing financial assistance to deserving non-profit organizations situated within San Joaquin County, California. This endowment aims to contribute positively to the community by supporting these charitable organizations in their respective missions. The endowment's activities primarily involve disbursing cash grants to these organizations, thereby contributing to their operational expenses and initiatives.
Official website here: www.stocktonrotary.org/endowment
Who is the CEO of Stockton Rotary Endowment?
Colleen Stewart is the President of Stockton Rotary Endowment.
Official website here: www.stocktonrotary.org/endowment
What is the revenue of Stockton Rotary Endowment?
Stockton Rotary Endowment's revenue in 2023 was $193,250.
Official website here: www.stocktonrotary.org/endowment
Who are the executives of Stockton Rotary Endowment and what are their salaries?
There 160 volunteers at Stockton Rotary Endowment.
Here are 14 key members and their salaries:
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- Other: $0
Official website here: www.stocktonrotary.org/endowment
Where can I find the form 990 for Stockton Rotary Endowment?
Stockton Rotary Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stocktonrotary.org/endowment
Learn more at the official website: www.stocktonrotary.org/endowment
Mission Statement of Stockton Rotary Endowment
The Stockton Rotary Endowment is an entity that is dedicated to distributing financial aid and making payments to charitable organizations located within San Joaquin County, California. Its primary mission is to provide allocations to these non-profit organizations, offering them the necessary financial support to continue their noble work. By offering cash grants, the Stockton Rotary Endowment plays a significant role in contributing to the well-being and development of various charitable causes within its community.
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Impact
October, 2024
The Stockton Rotary Endowment makes a significant impact by providing cash grants to charitable organizations throughout San Joaquin County, California. By allocating funds to local nonprofits, it enhances community services, promotes social welfare, and addresses various needs within the region. The endowment's support fosters growth and development in sectors such as education, health, and community improvement, ultimately enriching the lives of residents and contributing to a stronger, more cohesive community in Stockton and its surroundings. Through its financial assistance, the endowment helps empower organizations to carry out their missions effectively, creating lasting benefits for those they serve.
This information is meant to be a general summary of Stockton Rotary Endowment. 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: $179,471
- Gross Receipts: $355,434
Assets and Liabilities:
- Total Assets: $4,326,105
- Total Liabilities: $0
- Net Assets: $4,326,105
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Organization Details
Founding Year
1982
Phone
(209) 476-4994Principal Officer
Colleen Stewart
Main Address
P O BOX 7457, STOCKTON, CA, 95267
NTEE Category
Code: S82Z - Community improvement
If you are a representative of Stockton Rotary Endowment and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.