William Corley Foundation Of The Westlake-Bay Village Rotary Club I
- Assets
- $250.1k
- Revenue
- $34.8k
- Investments
- $213.9k
- Employees
- 0
- Location
- Bay Village, OH
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 34-1271287
Organization Overview
William Corley Foundation Of The Westlake-Bay Village Rotary Club I is located in Bay Village, OH. The organization was established in 0000. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. William Corley Foundation Of The Westlake-Bay Village Rotary Club I 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, William Corley Foundation Of The Westlake-Bay Village Rotary Club I generated $34.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $25.7k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Speck Vice Pres | 1 | $0 | |
Raymond Glinka President | 4 | $0 | |
James C Strunk Treasurer | 1 | $0 | |
Patrick Graham Secrtary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,760 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,131 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $11,202 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $14,943 |
| Other Income | $0 |
| Total Revenue | $34,834 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $150 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,115 |
| Total operating and administrative expenses | $4,115 |
| Contributions, gifts, grants paid | $21,549 |
| Total expenses and disbursements | $25,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,231 |
| Savings and temporary cash investments | $20,976 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $250,109 |
| 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, William Corley Foundation Of The Westlake-Bay Village Rotary Club I has awarded $21,549 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
Evanston, IL PURPOSE: COMMUNITY SERVICE | $4,560 |
SCHOLARSHIPS - WESTLAKE HS PURPOSE: COMMUNITY SERVICE | $2,500 |
SCHOLARSHIPS - BAY VILLAGE HS PURPOSE: COMMUNITY SERVICE | $2,500 |
FOOTPATH FOUNDATION PURPOSE: COMMUNITY SERVICE | $1,750 |
CIRCLE OF FRIENDS-WESTLAKE CITY SCHOOLS PURPOSE: COMMUNITY SERVICE | $1,000 |
ROTARY DISASTER RELIEF USA PURPOSE: COMMUNITY SERVICE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Glen At St Joseph Dayton, OH | $19,520,405 | $4,747,418 |
Stoneleigh Foundation Philadelphia, PA | $92,384,286 | $2,978,235 |
Jerry And Laura Jacobson Foundation Inc Sugarcreek, OH | $0 | $911,608 |
Satell Institute King Of Prussia, PA | $13,359,727 | $1,126,245 |
Jack Miller Center For Teaching Americas Founding Principles And Bala Cynwyd, PA | $14,689,077 | $1,577,352 |
Saga Foundation Kalamazoo, MI | $17,766,736 | $2,178,963 |
Artyard Erwinna, PA | $77,186,190 | $24,985,342 |
Dn Leadership Inc Louisville, KY | $2,441,151 | $7,192,611 |
Mansmann Foundation Pa Pittsburgh, PA | $6,102,751 | $745,895 |
Tamim Academies Narberth, PA | $1,567,123 | $2,002,258 |
Thomas And Sandra Usher Camp Rector, PA | $15,474,018 | $882,324 |
Issachar Fund Grand Rapids, MI | $35,287,107 | $1,992,611 |