Denver Rotary Club Foundation
- Assets
- $3.7m
- Revenue
- $222.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 12/1971
- Data as of
- 06/2022
- EIN
- 23-7154562
Organization Overview
Denver Rotary Club Foundation is located in Denver, CO. 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. Denver Rotary Club 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, Denver Rotary Club Foundation generated $222.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $272.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Denver Rotary Club Foundation has awarded 43 individual grants totaling $935,654. 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
SERVICE AND ASSISTANCE TO YOUTH AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SCHOLARSHIPS & GRANTS TO EXEMPT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sidney B Brooks President | OfficerTrustee | 5 | $0 |
Carter Sales Immediate Past President | OfficerTrustee | 1 | $0 |
Sandon J Purcell Treasurer | OfficerTrustee | 2 | $0 |
William G Imig Secretary | OfficerTrustee | 1 | $0 |
Michael R Macphail Vp/president Elect | OfficerTrustee | 1 | $0 |
Alison J Clark-Hardesty Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,727 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,020 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,747 |
| Total Program Service Revenue | $0 |
| Investment income | $115,533 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$37,491 |
| Net Income from Fundraising Events | $38,582 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,603 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $191,622 |
| Grants and other assistance to domestic individuals. | $20,200 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,333 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,089 |
| 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 | $13,436 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $30,000 |
| Total functional expenses | $272,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,064 |
| Savings and temporary cash investments | $2,400 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,620,190 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,674,654 |
| Accounts payable and accrued expenses | $26 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $26 |
| Net assets without donor restrictions | $3,447,644 |
| Net assets with donor restrictions | $226,984 |
| 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 | $3,674,654 |
Grants Awarded
Over the last fiscal year, Denver Rotary Club Foundation has awarded $94,850 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO CENTER FOR CIVIC LEARNING & ENGAGEMENT PURPOSE: SUPPORT TEACHER WORKSHOP TO STUDENTS FOR CIVIC EDUCATION | $7,500 |
EARTHLINKS PURPOSE: SCHOLASTIC ART AWARDS, COLORADO REGION/GENERAL PROGRAM SUPPORT | $6,000 |
DENVER KIDS INC PURPOSE: DPS MENTORING PROGRAM - GENERAL SUPPORT | $45,200 |
THE ROTARY FOUNDATION PURPOSE: GENERAL PURPOSE | $10,150 |
HARAMBEE INC PURPOSE: GENERAL PURPOSE | $6,900 |
COLORADO NONPROFIT DEVELOPMENT CENTER PURPOSE: BOULDER MARSHALL FIRED DISASTER RELIEF | $11,600 |