Overview
What is Hawaii Rotary Youth Foundation?
The Hawaii Rotary Youth Foundation is a nonprofit organization situated in Honolulu, Hawaii. With a single employee, its primary mission is to provide financial aid in the form of scholarships to high school seniors, enabling them to pursue their higher education at a four-year college of their preference. The foundation's efforts are focused on empowering young individuals and fostering their academic growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The Hawaii Rotary Youth Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. With an overall score of 94%, the foundation excels in all relevant metrics, particularly in having a fully independent board and no material diversion of assets, which indicates a high level of governance and ethical standards.
The organization demonstrates effective management of its resources, with a program expense ratio of 78.02%, suggesting that a significant portion of its funds is directed towards its mission-driven programs. Additionally, the foundation has established robust policies, including a conflict of interest policy and a whistleblower policy, ensuring ethical practices and protecting the interests of stakeholders.
No significant limitations were noted in the data provided, which further highlights the foundation's strong operational practices. The organization’s focus on maintaining a well-structured and transparent framework bodes well for its continued impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaii Rotary Youth Foundation legitimate?
Hawaii Rotary Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii Rotary Youth 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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Other Salaries and Wages: $15,000
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What is the mission statement of Hawaii Rotary Youth Foundation?
The Hawaii Rotary Youth Foundation's mission is centered around providing financial aid in the form of scholarships. This aid is specifically designed for high school seniors, enabling them to pursue their higher education at a four-year college of their preference. By offering these scholarships, the foundation aims to contribute to the education and future prospects of these young individuals, thereby empowering them to shape their own futures. The foundation's activities primarily revolve around this mission, providing a valuable opportunity for deserving students.
Who is the CEO of Hawaii Rotary Youth Foundation?
Geoffrey Horvath is the President of Hawaii Rotary Youth Foundation.
What is the revenue of Hawaii Rotary Youth Foundation?
Hawaii Rotary Youth Foundation's revenue in 2022 was $511,540.
Who are the executives of Hawaii Rotary Youth Foundation and what are their salaries?
The average compensation at Hawaii Rotary Youth Foundation during 2022 was $15,000. There is 1 employee at Hawaii Rotary Youth Foundation.
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Where can I find the form 990 for Hawaii Rotary Youth Foundation?
Hawaii Rotary Youth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hawaii Rotary Youth Foundation
The Hawaii Rotary Youth Foundation is dedicated to providing financial aid in the form of scholarships for high school seniors. This nonprofit organization's mission is to support these students as they pursue their higher education at a four-year college of their choice. By offering these scholarships, the Hawaii Rotary Youth Foundation aims to contribute to the academic growth and future success of these young individuals. The foundation's mission reflects its commitment to investing in the next generation, providing them with the opportunity to pursue their dreams and make a positive impact in their communities and beyond.
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Impact
July, 2024
The Hawaii Rotary Youth Foundation's impact is significant as it provides high school seniors with the opportunity to pursue a higher education by awarding scholarships for them to attend a four-year college of their choice. By offering this support, the foundation is helping to empower students to achieve their academic and career goals, ultimately contributing to the development of a more educated and skilled workforce. This investment in education not only benefits the individual students but also has a positive ripple effect on their communities and society as a whole.
This information is meant to be a general summary of Hawaii Rotary Youth 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 2022.
- Investment Income: $322,856
- Gross Receipts: $696,118
Assets and Liabilities:
- Total Assets: $6,479,423
- Total Liabilities: $25
- Net Assets: $6,479,398
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Organization Details
Founding Year
1976
Phone
(808) 735-1073Principal Officer
Geoffrey Horvath
Main Address
3536 HARDING AVENUE, HONOLULU, HI, 968162453
NTEE Category
Code: B82Z - Education
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