Rotary Club Of Sacramento Foundation
- Assets
- $3.4m
- Revenue
- $412.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Fair Oaks, CA
- Founding
- 07/1971
- Data as of
- 06/2022
- EIN
- 23-7117223
Organization Overview
Rotary Club Of Sacramento Foundation is located in Fair Oaks, CA. The organization was established in 1971. 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. Rotary Club Of Sacramento Foundation 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 06/2022, Rotary Club Of Sacramento Foundation generated $412.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $339.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rotary Club Of Sacramento Foundation has awarded 42 individual grants totaling $1,048,910. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE LEADERSHIP, PERPETUAL FUNDING AND RESOURCES NECESSARY TO SUPPORT THE DIVERSE HUMANITARIAN EFFORTS OF THE ROTARY CLUB OF SACRAMENTO IN LOCAL AND WORLD COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
"COMMUNITY SERVICE, WORLD COMMUNITY SERVICE, YOUTH INCENTIVE PROGRAM, SCHOLARSHIPS/GRANTS AND YOUTH EXCHANGE PROGRAM." CLIENTS SERVED: JUNIOR ACHIEVEMENT OF SACRAMENTO, BOWLING GREEN CHARTER COMPLEX, FERN BACON MIDDLE SCHOOL, RALPH RICHARDSON CENTER, LUTHER BURBANK HIGH SCHOOL, CLEAN WATER PROJECTS, SCHOLARSHIPS FOR AT-RISK STUDENTS MENTORED BY ROTARIANS, EMERGENCY SHELTER AND SUPPLIES FOR THE HOMELESS IN DISASTER SITUATIONS, ROTAPLAST MISSION, SCHOLARSHIPS FOR STUDENTS FROM DELTA, C.K. MCCLATCHY, SACRAMENTO, JESUIT, CHRISTIAN BROTHERS AND RIO AMERICANO HIGH SCHOOLS, AND SACRAMENTO CHILDREN'S HOME CRISIS NURSERY. SPECIFIC CONTRIBUTIONS ARE LISTED ON SCHEDULE I.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Furlong Secretary | OfficerTrustee | 3 | $0 |
Bob Daly President | OfficerTrustee | 5 | $0 |
Mike Gilligan Treasurer | OfficerTrustee | 3 | $0 |
Sarah Hodge Trustee | Trustee | 1 | $0 |
April Javist Trustee | Trustee | 1 | $0 |
Virginia Wade Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $111,373 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,601 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $214,974 |
| Total Program Service Revenue | $0 |
| Investment income | $122,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,081 |
| Net Income from Fundraising Events | $25,585 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $412,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $129,013 |
| Grants and other assistance to domestic individuals. | $44,583 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,025 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,243 |
| Total functional expenses | $339,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,331 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,683 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,247,693 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,361,778 |
| Accounts payable and accrued expenses | $92,637 |
| Grants payable | $0 |
| Deferred revenue | $7,044 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $99,681 |
| Net assets without donor restrictions | $2,363,867 |
| Net assets with donor restrictions | $898,230 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,361,778 |
Grants Awarded
Over the last fiscal year, Rotary Club Of Sacramento Foundation has awarded $112,013 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Sacramento, CA PURPOSE: GENERAL OPERATIONS | $65,476 |
LUTHER BURBANK HIGH SCHOOL PURPOSE: ORTHOPEDICALLY IMPAIRED CHILDREN | $15,500 |
RALPH RICHARDSON CENTER PURPOSE: ORTHOPEDICALLY IMPAIRED CHILDREN | $14,087 |
SAC STATE TRANSITION PURPOSE: PREPARE KIDS FOR COLLEGE | $10,050 |
Sacramento, CA PURPOSE: REPAIR/REPAINT GYMNASIUM | $6,900 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rotary Club Of Sacramento Foundation has recieved totaling $14,695.
| Awarding Organization | Amount |
|---|---|
Sacramento Region Community Foundation Sacramento, CA PURPOSE: UNRESTRICTED IN MEMORY OF PAUL STONE | $9,495 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,200 |
Endowment Analysis
| Beg. Balance | $3,149,337 |
| Earnings | -$573,603 |
| Admin Expense | $47,500 |
| Net Contributions | $76,010 |
| Grants | $154,521 |
| Ending Balance | $2,449,723 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For A Better Future Inc Sacramento, CA | $12,452,035 | $69,118,422 |
Municipal Improvement Corporation Of Los Angeles Los Angeles, CA | $2,097,815,264 | $70,901,113 |
Benson House Inc Ontario, CA | $11,925,572 | $18,491,625 |
Community Services Agency Reno, NV | $7,843,023 | $11,495,915 |
Fresno Building Healthy Communities Fresno, CA | $7,681,991 | $11,111,006 |
Korean Immigrant Workers Advocates Of Southern California Los Angeles, CA | $4,731,702 | $8,492,805 |
Native Americans For Community Action Inc Flagstaff, AZ | $13,508,728 | $5,982,716 |
Goleta Valley Professional Buildings Inc Santa Barbara, CA | $89,343,424 | $8,414,379 |
Foothill Ranch Maintenance Corporation Irvine, CA | $3,077,161 | $4,440,100 |
Pilipino Workers Center Of Southern Los Angeles, CA | $1,734,132 | $5,015,376 |
Southwest District Kiwanis Foundation Carefree, AZ | $3,902,018 | $3,838,305 |
Benevolent & Protective Order Of Elks Of The Usa Honolulu, HI | $18,759,259 | $3,966,966 |