Novato Rotary Endowment

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THE NOVATO ROTARY ENDOWMENT'S PURPOSE IS TO RECEIVE AND INVEST CONTRIBUTIONS OF MONEY OR PROPERTY AND APPLY THE INCOME TO CHARITABLE, OR EDUCATIONAL PROJECTS AND PROGRAMS THAT HAVE BEEN APPROVED BY THE NOVATO ROTARY CLUB BOARD OF DIRECTORS.

Novato Rotary Endowment
Overview

The Novato Rotary Endowment is a 501(c)(3) nonprofit organization located in Novato, California, USA. It operates as part of the broader Rotary network, supporting charitable and educational projects within the local community. The organization's primary function is to receive and invest in contributions to fund approved charitable and educational initiatives, including local high school scholarships[4].

Financial Overview

As of the fiscal year ending June 2024, the Novato Rotary Endowment reported the following financial data:

  • Revenue: $257,000
  • Expenses: $179,000
  • Total Assets: $8.11 million
  • Total Liabilities: $0[1].

In the previous fiscal year (ending June 2023), the organization's revenue was comprised of $62,610 from contributions, $87,321 from program services, and $51,854 from investment income[2].

Grants and Programs

The Novato Rotary Endowment supports various community organizations through grants. Historical examples include grants to the Novato Theater for theater restoration and to North Marin Community Services for support of their work in Novato[2]. The organization also receives grants, such as from The Rotary Foundation of Rotary International for economic and community development projects[2].

Governance and Leadership

Leadership positions within the organization include roles such as President, Secretary, and Treasurer. Notable officers have included Craig Anderson, Peter Oser, and Bradford J. Williams[1][2]. The organization operates with a volunteer-based leadership structure, with no reported compensation for key employees and officers.

Rating and Reputation

The Novato Rotary Endowment holds a 4/4 Star rating on Charity Navigator, indicating strong financial management and organizational practices[5].

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Founded

1992

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Novato

Address: PO Box 657, NovatoWeb: Sign in to see organisation websiteRevenue: 256767ICO: 943168507

Home Page | Rotary Club of Novato

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Pamela

- How can Rotary Clubs enhance their impact on women's financial literacy and empowerment in underserved communities?

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Ann

What an inspiring initiative! Proud to see the Novato Rotary Endowment making such a positive impact on women's rights and education. Let's keep pushing for change together! πŸ’ͺ🌍

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Monica

Excited to join the lunch event! It's so important to support projects that provide essential services like public toilets and scholarships for girls. Every little bit helps! πŸŒŸπŸ‘

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Kate

- What strategies can be employed to address and raise awareness about the global issue of sex trafficking within local communities?

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Novato

Organisations from Novato Rotary Endowment

2. Foundation for Inner Peace Inc

The Foundation for Inner Peace is the original scribe-authorized publisher of "A Course in Miracles" since 1975.

3. Institute of Noetic Sciences

The mission of the Institute of Noetic Sciences is to reveal the interconnected nature of reality.

4. BUCK INSTITUTE FOR EDUCATION

Our services, tools, and research are designed to build the capacity of K-12 teachers to design and facilitate quality Project Based Learning for all students.

5. National Eczema Association

NEA is the driving force for an eczema community fueled by knowledge, strengthened through collective action and propelled by the promise for a better future.

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