Overview
What is Rocket Giving Fund?
The Rocket Giving Fund is a Detroit-based 501C3 nonprofit organization with a mission to host a world-class PGA Tour event while giving back to the local community. They operate primarily through the annual Rocket Mortgage Classic golf tournament, which serves as the primary fundraising activity. The proceeds from the event and related efforts are invested in various community initiatives, including support for veterans and their families, education, and neighborhood enhancement. The organization collaborates with other charitable organizations to maximize community impact, and contributes to community-wide events and the promotion of Detroit's image nationally. Their objectives include transforming public spaces, strengthening neighborhoods, and developing a vibrant urban core in Detroit.
Official website here: www.pgatour.com/tournaments/rocket-mortgage-classic
Is Rocket Giving Fund legitimate?
Rocket Giving Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocket Giving 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.
Here 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.pgatour.com/tournaments/rocket-mortgage-classic
What is the mission statement of Rocket Giving Fund?
The Rocket Giving Fund is a non-profit organization with a mission to enhance the lives of people in the community by hosting a premier PGA Tour event. Through the Rocket Mortgage Classic, the organization raises funds for various causes, primarily focusing on veterans and their families, education, and neighborhood enhancement. By working in partnership with other charitable organizations, the Rocket Giving Fund maximizes community impact. Their primary goal is to transform public spaces, strengthen neighborhoods, and contribute to the development of a vibrant urban core.
Official website here: www.pgatour.com/tournaments/rocket-mortgage-classic
Who is the CEO of Rocket Giving Fund?
Jay Farner is the President of Rocket Giving Fund.
Official website here: www.pgatour.com/tournaments/rocket-mortgage-classic
What is the revenue of Rocket Giving Fund?
Rocket Giving Fund's revenue in 2022 was $14,851,439.
Official website here: www.pgatour.com/tournaments/rocket-mortgage-classic
Who are the executives of Rocket Giving Fund and what are their salaries?
- Jay Farner (President) [Trustee/Director]
- Julie Booth (Treasurer) [Trustee/Director]
- Matthew Rizik (Vice Treasurer) [Trustee/Director]
- Steve Ogden (Secretary) [Trustee/Director]
- Marvin Beatty (Member) [Trustee/Director]
- Laura Grannemann (Member) [Trustee/Director]
- Jason Langwell (Member) [Trustee/Director]
- Trina Scott (Member) [Trustee/Director]
- Jason Tinsley (Member) [Trustee/Director]
- Mike Tririco (Member) [Trustee/Director]
- Angelo Vitale (Member) [Trustee/Director]
- Alexis Wiley (Member) [Trustee/Director]
- William Emerson (Member) [Trustee/Director]
Official website here: www.pgatour.com/tournaments/rocket-mortgage-classic
Where can I find the form 990 for Rocket Giving Fund?
The Rocket Giving Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.pgatour.com/tournaments/rocket-mortgage-classic
Learn more at the official website: www.pgatour.com/tournaments/rocket-mortgage-classic
Mission Statement of Rocket Giving Fund
The Rocket Giving Fund is a charitable organization with a mission to enhance the lives of Detroit's residents and promote the city's image on a national scale. It achieves this through the facilitation of community-wide events, including a PGA Tour event, the Rocket Mortgage Classic. The primary fundraising activity of the Rocket Giving Fund, this annual golf tournament generates proceeds that are reinvested into the Detroit community.
The net revenues from the Rocket Mortgage Classic and other related events are allocated towards initiatives that benefit veterans and their families, educational opportunities, and neighborhood enhancement. In collaboration with other charitable organizations, the Rocket Giving Fund aims to amplify the impact of community projects, revitalizing public spaces, strengthening neighborhoods, and fostering a vibrant urban core within Detroit.
The Rocket Giving Fund's commitment to the Detroit community extends beyond financial investments. It seeks to create long-lasting change by addressing the needs of various sectors, from veterans to education and neighborhood development. By hosting a world-class PGA Tour event and other community events, the Rocket Giving Fund not only raises funds but also brings attention to Detroit, boosting the morale and pride of its residents.
Impact
This information is meant to be a general summary of Rocket Giving Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Rocket Giving Fund's impact is significant in the Detroit community, as it focuses on hosting the Rocket Mortgage Classic PGA Tour event while benefiting various aspects of Detroit. The organization's primary fundraising activity, the golf tournament, channels its net proceeds back into the community. These investments are directed towards supporting veterans and their families, enhancing education and learning opportunities, and improving neighborhoods. By prioritizing community impact and collaborating with other charitable organizations, Rocket Giving Fund actively contributes to the betterment and quality of life for the people of Detroit.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROCKET MORTGAGE CLASSIC
Revenue
$14,065,264
Organization Details
Founding Year
2018
Phone
(313) 782-9500
Principal Officer
Jay Farner
Main Address
1074 WOODWARD AVENUE, DETROIT, MI, 48226
NTEE Category
Code: P12 - Human services
If you are a representative of Rocket Giving Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.