Kenmore Rotary Foundation Inc
- Assets
- $565.6k
- Revenue
- $56.1k
- Investments
- $537.7k
- Employees
- 0
- Location
- Kenmore, NY
- Founding
- 05/1977
- Data as of
- 12/2021
- EIN
- 22-2141650
Organization Overview
Kenmore Rotary Foundation Inc is located in Kenmore, NY. The organization was established in 1977. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenmore Rotary Foundation Inc 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 12/2021, Kenmore Rotary Foundation Inc generated $56.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $40.7k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kenmore Rotary Foundation Inc has awarded 52 individual grants totaling $206,580. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Patterson President | 0 | $0 | |
Edward Markarian Treasurer | 0 | $0 | |
Michael Hettler Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,035 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,750 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,274 |
| Capital Gain Net Income | $32,274 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,059 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $845 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18 |
| Total operating and administrative expenses | $8,234 |
| Contributions, gifts, grants paid | $32,500 |
| Total expenses and disbursements | $40,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,895 |
| Savings and temporary cash investments | $22,064 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $993 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $565,640 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kenmore Rotary Foundation Inc has awarded $32,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Alden, NY PURPOSE: 12 LAPTOP COMPUTERS CHILDREN SVC'D | $5,400 |
Angola, NY PURPOSE: IMPROVEMENTS TO "SUSKI BATHROOM" | $5,000 |
KENMORE MERCY FOUNDATION PURPOSE: CAPITAL FOR ICU RENOVATION | $5,000 |
SCHOFIELD CARE PURPOSE: NEW OVEN | $3,000 |
Tonawanda, NY PURPOSE: CAPITAL FOR NEW PARAMEDIC VEHICLE | $3,000 |
UB ROTARACT PURPOSE: POLLINATOR GARDEN PROJECT | $2,600 |
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|---|---|---|
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Mercy Flight Central Inc Canandaigua, NY | $14,339,659 | $14,213,717 |
Here To Here Foundation Inc Bronx, NY | $10,262,789 | $1,365,332 |
Arab-American Family Support Center Inc Brooklyn, NY | $5,221,623 | $9,617,886 |
Ironbound Community Corporation Newark, NJ | $18,528,581 | $9,449,256 |
Asian Americans For Equality Inc New York, NY | $26,601,430 | $8,393,675 |
Greater Hartford Ridesharing Corporation Bloomfield, CT | $7,224,593 | $6,566,228 |
Creating Resources For Empowerment And Action Inc New York, NY | $14,539,110 | $8,895,948 |
Bishopric Of Public Ecumenical And Social Services-Usa Inc Cedar Grove, NJ | $30,614 | $4,826,885 |
Avodah The Jewish Service Corps Inc New York, NY | $2,569,454 | $4,032,872 |
Hunger Free America Inc New York, NY | $2,319,530 | $4,469,828 |
Duet Inc Boston, MA | $6,806,173 | $2,616,940 |