Franklin Noon Rotary Charitable Foundation Inc.

The Franklin Noon Rotary Charitable Foundation Inc. is a U.S. nonprofit organization with the Employer Identification Number (EIN) 46-2064920. It serves as the charitable arm of the Franklin Noon Rotary Club, operating under the umbrella of Rotary International's principles.

Mission

The foundation was formed to provide international, domestic, and local philanthropic efforts, embodying Rotary International's motto "Service Above Self." Its mission is centered around funding various charitable projects and organizations, aligning with Rotary's global humanitarian objectives.

Activities and Funding

The organization is involved in numerous community-based initiatives. One of its key fundraising events is the Franklin Rodeo, which has become a significant community event over the years. This event has contributed to raising millions of dollars, benefitting programs such as college scholarships, health care, support for exchange students, park facilities construction, and donations to local charities, including support for initiatives like Polio Plus.

Financial Overview

The foundation's revenue primarily consists of contributions, with a minimal amount from investment income. It does not pay salaries to employees or incur professional fundraising fees, indicating that the organization operates largely through volunteer effort. The organization's expenses are typically less than its revenue, ensuring that a substantial portion of its funds go towards charitable purposes.

Governance and Structure

The Franklin Noon Rotary Charitable Foundation operates with a governance structure typical of Rotary-affiliated organizations, though specific details on board members are not publicly listed in some directories. It is structured as a 501(c)(3) entity, allowing donors to benefit from tax-deductible contributions. The foundation has a significant number of independent voting members, ensuring a broad base of governance.

History

Formed in 2013, the foundation continues a long-standing tradition of community service and philanthropy initiated by the Franklin Noon Rotary Club, which has been active for over six decades.