Overview
What is Rotary Club Of San Rafael Fund?
The Rotary Club of San Rafael Fund, located in San Ramon, California, is a compassionate nonprofit organization. Their primary focus is on providing financial aid in the form of college scholarships for deserving graduates from San Rafael High School. Beyond this, they also recognize outstanding educators with awards and offer financial support to various community organizations. The organization's mission encompasses these three key areas, contributing positively to the education and well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
The Rotary Club of San Rafael Fund has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. With a score of only 50%, the organization lacks independent board members, missing the opportunity for unbiased oversight. This raises questions about governance and decision-making processes within the organization.
Despite the governance issues, the fund shows a commendable program expense ratio of 99.65%, suggesting that nearly all of its expenditures are directed towards its programs. This is a positive indicator of the charity's commitment to its mission. Additionally, the organization has a low liabilities to assets ratio of 0.01%, demonstrating financial stability in terms of debt management.
However, the charity's lack of essential policies and missing documentation, including a conflict of interest policy and board meeting minutes, points to areas that require improvement. The absence of these policies undermines the potential trust from donors and stakeholders, highlighting significant limitations in operational transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary Club Of San Rafael Fund legitimate?
Rotary Club Of San Rafael Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of San Rafael Fund 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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What is the mission statement of Rotary Club Of San Rafael Fund?
The Rotary Club Of San Rafael Fund's mission is centered around providing scholarships, recognizing educators, and offering financial aid to community organizations. This nonprofit organization demonstrates its commitment by offering college scholarships to deserving high school graduates from San Rafael who are in financial need. Additionally, the club honors exceptional educators through awards, and extends financial support to various community organizations to bolster their initiatives.
Who is the CEO of Rotary Club Of San Rafael Fund?
Madeleine Moore is the President of Rotary Club Of San Rafael Fund.
What is the revenue of Rotary Club Of San Rafael Fund?
Rotary Club Of San Rafael Fund's revenue in 2023 was $68,030.
Who are the executives of Rotary Club Of San Rafael Fund and what are their salaries?
There 50 volunteers at Rotary Club Of San Rafael Fund.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Rotary Club Of San Rafael Fund?
Rotary Club Of San Rafael Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Rotary Club Of San Rafael Fund
The Rotary Club of San Rafael Fund is committed to making a positive impact in its community. Its primary mission is threefold: providing scholarships, recognizing exceptional educators through awards, and offering financial support to various community organizations. Through these initiatives, the club seeks to empower individuals and foster growth within its community.
Specifically, the Rotary Club of San Rafael Fund awards college scholarships to deserving graduates from San Rafael High School who demonstrate financial need. By providing these scholarships, the club helps to alleviate some of the financial burden associated with higher education, enabling these students to pursue their academic dreams. In addition to scholarships, the club also recognizes outstanding educators in the community through its educator awards program. By honoring these educators, the club aims to encourage and inspire excellence in education and to show appreciation for the invaluable role that teachers play in shaping future generations.
Furthermore, the Rotary Club of San Rafael Fund supports a wide range of community organizations financially. This financial backing enables these organizations to carry out their own missions and initiatives, ultimately benefiting the community as a whole. By providing financial support, the club plays a crucial role in strengthening and sustaining the vital services and programs that these organizations offer. In this way, the Rotary Club of San Rafael Fund is dedicated to making a meaningful difference in the lives of its community members, from students to educators to community organizations.
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Impact
August, 2024
The Rotary Club Of San Rafael Fund's impact can be seen in the tangible support it provides to needy San Rafael High School graduates through college scholarships. Additionally, the fund recognizes and rewards educators through awards and offers financial support to various community organizations. These efforts contribute to the improvement and development of the community in San Rafael, CA.
This information is meant to be a general summary of Rotary Club Of San Rafael Fund. 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: $21,576
- Gross Receipts: $68,030
Assets and Liabilities:
- Total Assets: $554,454
- Total Liabilities: $7,600
- Net Assets: $546,854
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Organization Details
Phone
(415) 203-0925Principal Officer
Madeleine Moore
Main Address
7240 BROWER WAY, SAN RAMON, CA, 94582
NTEE Category
Code: S80 - Community improvement
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