The concept of a Rome Community Foundation was developed to provide individuals and groups with a method for making charitable gifts or bequests of permanently endowed funds, giving the donor favorable tax treatment. Income generated from investment of the endowments is used at the discretion of the Foundation's Board of Directors for the benefit of the Rome area. The Foundation was organized in 1999 and currently manages in excess of $3,000,000 in funds. The Rome Community Foundation has investment as well as philanthropic and charitable responsibilities. Investments are professionally managed with the objective being a steady and growing income stream from which to make grants. Meeting charitable needs in the Rome Community is the responsibility of the Foundation's Board of Directors, the members of which are elected from the Rome community for individual terms of three years. The Foundation offers potential donors an opportunity for charitable giving with the knowledge that money given to it will be invested and the income distributed for the betterment of the Rome community and its vicinity. Decisions for grants are made locally, focusing on the particular and unique needs of the Rome area.
View Top Employees from ROME COMMUNITY FOUNDATIONWebsite | http://romecommunityfoundation.org |
Revenue | $5 million |
Employees | 1 (1 on RocketReach) |
Address | PO BOX 609, Rome, New York 13442, US |
Phone | (315) 336-4700 |
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Industry | Charitable Organizations & Foundations, Organizations |
SIC | SIC Code 839 Companies, SIC Code 83 Companies |
NAICS | NAICS Code 81321 Companies, NAICS Code 8132 Companies, NAICS Code 813 Companies, NAICS Code 81 Companies |
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The ROME COMMUNITY FOUNDATION annual revenue was $5 million in 2023.
1 people are employed at ROME COMMUNITY FOUNDATION.
ROME COMMUNITY FOUNDATION is based in Rome, New York.
The NAICS codes for ROME COMMUNITY FOUNDATION are [81321, 8132, 813, 81].
The SIC codes for ROME COMMUNITY FOUNDATION are [839, 83].