Overview
What is Rainbow World Fund?
Rainbow World Fund is a nonprofit organization based in San Francisco, California. Their primary mission is to raise awareness and generate responses to worldwide needs, channeling donations to established humanitarian aid organizations in the United States. These organizations utilize the funds for specific programs and projects, aiming to address various needs, predominantly in underdeveloped regions around the world. The Rainbow World Fund also engages volunteers, with over 4,000 hours contributed in 2019, amounting to an estimated value of $172,629.
Official website here: www.rainbowfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Rainbow World Fund has received a Three-Star rating, indicating a relatively strong performance in accountability and finance. The rating is based entirely on a comprehensive evaluation of its financial practices, with a score of 100% for having an independent board, no material diversion of assets, and a solid liabilities-to-assets ratio.
However, the organization has some noted limitations, particularly in the areas of governance policies. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for transparency and accountability. While the organization demonstrates effective use of its resources, these governance gaps could raise concerns for potential donors about the overall management and oversight of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Rainbow World Fund legitimate?
Rainbow World Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow World 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.
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
Official website here: www.rainbowfund.org
What is the mission statement of Rainbow World Fund?
Rainbow World Fund's mission is to raise awareness and elicit a response to various global needs. The organization directs both monetary and non-monetary contributions to established humanitarian aid organizations in the United States. These contributions are allocated to specific programs and projects aimed at addressing various needs, primarily in underdeveloped regions around the world. Rainbow World Fund supports these organizations by distributing grants and offering humanitarian aid worldwide. Additionally, the organization incurs expenses in the development of various projects to advance its goals and supports its volunteers. During 2019, over 4,000 volunteer hours were provided by Rainbow World Fund, with an estimated value of $172,629.
Official website here: www.rainbowfund.org
Who is the CEO of Rainbow World Fund?
Jeff Cotter is the President of Rainbow World Fund.
Official website here: www.rainbowfund.org
What is the revenue of Rainbow World Fund?
Rainbow World Fund's revenue in 2022 was $87,708.
Official website here: www.rainbowfund.org
Who are the executives of Rainbow World Fund and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.rainbowfund.org
Where can I find the form 990 for Rainbow World Fund?
Rainbow World Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rainbowfund.org
Learn more at the official website: www.rainbowfund.org
Mission Statement of Rainbow World Fund
Rainbow World Fund, a non-profit organization, is dedicated to raising awareness and prompting a response to various global needs. It channels both monetary and non-monetary contributions to established humanitarian aid organizations based in the United States. These organizations utilize these resources for specific programs and projects aimed at addressing a wide range of needs, primarily, although not exclusively, in underdeveloped and developing countries. The mission of Rainbow World Fund is to serve as a conduit, directing resources to where they can make a significant impact in addressing worldwide challenges. Besides this, the organization engages volunteers to contribute over 4,000 hours annually, adding an estimated value of $172,629 to their initiatives.
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Impact
October, 2024
Rainbow World Fund significantly influences global humanitarian efforts by raising awareness and directing resources to critical needs around the world. It channels cash and non-cash donations to established U.S.-based humanitarian organizations, funding specific programs and projects primarily focused on underdeveloped and developing regions.
The organization's efforts include the distribution of grants to qualifying organizations, which allows for targeted support where it is most needed. In addition to monetary assistance, Rainbow World Fund invests in developing initiatives like the Tree of Hope, collections of medical supplies, and other projects aimed at bolstering its mission and supporting volunteers.
In 2019 alone, over 4,000 volunteer hours were dedicated to these causes, reflecting a valuation of around $172,629. This volunteer engagement amplifies the impact of their mission, fostering a community of support that enhances the effectiveness of humanitarian aid globally. Through these various pathways, Rainbow World Fund not only addresses immediate needs but also promotes ongoing humanitarian efforts to improve lives around the world.
This information is meant to be a general summary of Rainbow World 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 2022.
- Investment Income: $1
- Gross Receipts: $87,708
Assets and Liabilities:
- Total Assets: $59,743
- Total Liabilities: $0
- Net Assets: $59,743
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Organization Details
Founding Year
2000
Phone
(415) 431-1485Principal Officer
Jeff Cotter
Main Address
PO BOX 14480, SAN FRANCISCO, CA, 941140480
Website
www.rainbowfund.orgNTEE Category
Code: M20 - Public safety
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