Why was the Rio Salado Foundation formed?
The Rio Salado Foundation was initially formed in 2001 to ensure the success of the Rio Salado Project, Tempe Town Lake. The Foundation, governed by a board of directors which is made up of corporate leaders and volunteers from across the Valley, is the only organization authorized by the City of Tempe to engage in a comprehensive fundraising effort which has supported the restoration and/or construction of several historical, cultural and recreational projects.
What is the mission of the Rio Salado Foundation?
The Mission of the Rio Salado Foundation is to promote, preserve and enhance the cultural, historical, recreational and natural resources of the Rio Salado and Papago Park region and to ensure the area’s success as a major urban destination through the creation of public-private partnerships.
Is the Rio Salado Foundation a 501(c)(3)?
Yes. The Foundation is a non-profit organization and all donations are tax deductible.
Who funds the Rio Salado Foundation’s projects?
Contributions come from foundations, corporations and individuals throughout Arizona and the US. Tax deductible donations for the operation of the Foundation and/or any of its projects can securely be made online.
How are funds being managed for the Foundation?
All charitable gifts are tax-deductible and funds are deposited into the Rio Salado Foundation account. Any gift that is designated to a specific project of the Foundation will be restricted to that project. A formal audit of Rio Salado Foundation occurs annually, and the Foundation files Form 990 with the Internal Revenue Service, to see more information visit www.guidestar.org.