Naples Pelican Bay Rotary Endowment Fund Inc
- Assets
- $172.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Naples, FL
- Founding
- 03/2014
- EIN
- 26-2776296
Organization Overview
Naples Pelican Bay Rotary Endowment Fund Inc is located in Naples, FL. The organization was established in 2014. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naples Pelican Bay Rotary Endowment Fund 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 undefined, Naples Pelican Bay Rotary Endowment Fund Inc generated $26.1k 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 (5.9%) each year. All expenses for the organization totaled $1.3k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (37.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
THE PELICAN BAY ROTARY CLUB INC PROVIDES FUNDING FROM ITS FUNDRAISING ACTIVITIES TO THE FOUNDATION FOR SCHOLARSHIP AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Sandherr Director | 1 | $0 | |
Michael Horn Jr Director | 1 | $0 | |
Gregory Bell Director | 1 | $0 | |
Edward Livingston Director | 1 | $0 | |
Gary Davis Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,403 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,103 |
| Statement of Expenses | |
|---|---|
| Total expenses | $1,345 |
| Balance Sheet | |
|---|---|
| Total assets | $172,935 |
| Total liabilities | $0 |
| Net assets or fund balances | $172,935 |
Grants Awarded
Over the last fiscal year, Naples Pelican Bay Rotary Endowment Fund Inc has awarded $35,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
QUEST FOR SUCCESS PURPOSE: SCHOLARSHIP | $26,000 |
GOLDEN GATE HIGH SCHOOL PURPOSE: SCHOLARSHIP | $1,000 |
NAPLES HIGH SCHOOL PURPOSE: SCHOLARSHIP | $1,000 |
BARRON COLLIER HIGH SCHOOL PURPOSE: SCHOLARSHIP | $1,000 |
GULF COAST HIGH SCHOOL PURPOSE: SCHOLARSHIP | $1,000 |
LELY HIGH SCHOOL PURPOSE: SCHOLARSHIP | $1,000 |