Overview
What is Federal Way Rotary Service Foundation?
The Federal Way Rotary Service Foundation, based in Federal Way, Washington, is a dedicated nonprofit organization. Their primary focus is on providing scholarships to local high school students, allowing deserving individuals to pursue further education. The criteria for these scholarships consider both ability and financial need. Beyond scholarships, this foundation also extends its support to community organizations. In essence, the Federal Way Rotary Service Foundation serves to advance education and uplift the local community, as well as contribute to international organizations.
Official website here: www.federalwayrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Federal Way Rotary Service Foundation has received a 76% rating from Charity Navigator, reflecting a solid Three-Star designation. This rating is primarily based on its accountability and finance, which indicates a strong commitment to responsible financial management. The organization has achieved perfect scores in several areas, including having a fully independent board of directors and no material diversion of assets.
Strengths of the Federal Way Rotary Service Foundation include a high program expense ratio of 98.75%, suggesting that nearly all of its expenses are directed towards its charitable programs. The charity also demonstrates transparency by posting board meeting minutes and having its tax form accessible on its website. However, the foundation does have areas for improvement, notably the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are all currently missing.
Overall, while the Federal Way Rotary Service Foundation performs well in many areas related to financial accountability and governance, addressing the missing policies would enhance its overall rating and operational transparency. Engaging in these improvements could further bolster public trust and support for its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Federal Way Rotary Service Foundation legitimate?
Federal Way Rotary Service Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federal Way Rotary Service 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.
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Official website here: www.federalwayrotary.org
What is the mission statement of Federal Way Rotary Service Foundation?
The Federal Way Rotary Service Foundation's mission is centered around providing scholarships to deserving students and supporting both local and international community organizations. The foundation aims to empower students by offering financial aid, enabling them to continue their education. The criteria for the scholarship awards consider both ability and financial need. Additionally, the organization extends its support to various community organizations, contributing to their initiatives locally and internationally.
Official website here: www.federalwayrotary.org
Who is the CEO of Federal Way Rotary Service Foundation?
Nicki Keener is the President of Federal Way Rotary Service Foundation.
Official website here: www.federalwayrotary.org
What is the revenue of Federal Way Rotary Service Foundation?
Federal Way Rotary Service Foundation's revenue in 2023 was $56,658.
Official website here: www.federalwayrotary.org
Who are the executives of Federal Way Rotary Service Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.federalwayrotary.org
Where can I find the form 990 for Federal Way Rotary Service Foundation?
Federal Way Rotary Service Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.federalwayrotary.org
Learn more at the official website: www.federalwayrotary.org
Mission Statement of Federal Way Rotary Service Foundation
The Federal Way Rotary Service Foundation, a nonprofit organization, is committed to two primary objectives. Firstly, it provides scholarships to deserving students. This financial aid enables these students to continue their education, thereby empowering them to pursue their academic goals. Secondly, the Foundation extends its support to community organizations and international initiatives. By doing so, it contributes to the betterment of its local community and beyond, demonstrating a dedication to global welfare. The criteria for awarding scholarships consider both the student's ability and financial need.
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Impact
August, 2024
The Federal Way Rotary Service Foundation provides scholarships to local high school students, enabling them to pursue higher education. Additionally, the foundation supports community organizations in Federal Way and internationally. Through their work, they help students achieve their academic goals and contribute positively to the local and global community.
This information is meant to be a general summary of Federal Way Rotary Service 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: $607
- Gross Receipts: $58,873
Assets and Liabilities:
- Total Assets: $260,042
- Total Liabilities: $3,150
- Net Assets: $256,892
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Organization Details
Founding Year
1992
Phone
(253) 838-3096Principal Officer
Nicki Keener
Main Address
PO BOX 23444, FEDERAL WAY, WA, 98093
Website
www.federalwayrotary.orgNTEE Category
Code: P20Z - Human services
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