Bridgeport Rotary Club Foundationinc
- Assets
- $0.0
- Revenue
- $54.0k
- Investments
- $4.5m
- Employees
- 0
- Location
- Shelton, CT
- Founding
- 12/2007
- Data as of
- 06/2021
- EIN
- 20-5655260
Organization Overview
Bridgeport Rotary Club Foundationinc is located in Shelton, CT. The organization was established in 2007. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgeport Rotary Club Foundationinc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Bridgeport Rotary Club Foundationinc generated $54.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $524.5k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bridgeport Rotary Club Foundationinc has awarded 88 individual grants totaling $1,275,172. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THIS ORGANIZATION IS TO PROVIDE SUPPORT BY CONTRIBUTING IN COMMUNITY PROGRAMS IN NEED OF SOCIAL, FINANCIAL, EDUCATIONAL, HEALTHCARE & EMERGENCY RELIEF
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTE TO COMMUNITY PROGRAMS IN NEED OF SOCIAL, FINANCIAL, EDUCATIONAL SUPPORT, HEALTHCARE & EMERGENCY RELIEF.
SCHOLARSHIP FUNDS-BRIDGEPORT SCHOOLS
SUPPORT ROTARY INTERNATIONAL PROGRAMS AND ACTIVITIES IN HEALTHCARE AND EMERGENCY RELIEF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Cottrell President | 0.25 | $0 | |
Christopher Gallo Treasurer | 1 | $0 | |
Edward Davies Secretary | 0.25 | $0 | |
Thomas Errichetti Ass. Treas. | 0.25 | $0 | |
Nicolas Dapaz Trustee | 0.25 | $0 | |
Crystal Engram Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,001 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $14,716 |
| Contributions, gifts, grants paid | $509,798 |
| Total expenses and disbursements | $524,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,028 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bridgeport Rotary Club Foundationinc has awarded $357,111 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY HANDS IN ACTION PURPOSE: Mentoring Program | $10,000 |
COUNCIL OF CHURCHES OF GREATER BPT PURPOSE: School Based Services | $15,000 |
THE ROTARY FOUNDATION PURPOSE: Pediatric Surgery-Mumbia | $24,150 |
THE ROTARY FOUNDATION PURPOSE: Sustaining Program | $10,900 |
OFF THE STREETS PURPOSE: Homelessness Security | $6,000 |
GROUNDWORK OF BPT PURPOSE: School Youth Program | $10,000 |