Fort Mill Rotary Club Foundation Inc is located in Fort Mill, SC. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Fort Mill Rotary Club 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 06/2022, Fort Mill Rotary Club Foundation Inc generated $28.6k 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 (12.5%) each year. All expenses for the organization totaled $10.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (24.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fort Mill Rotary Club Foundation Inc has awarded 15 individual grants totaling $318,620. 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
COMMUNITY SERVICE FOUNDATION THAT SUPPORTS EDUCATION AND PHILANTHROPIC ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT PROVIDED TO OTHER 501C3 ORGANIZATIONS AND SCHOLARSHIP FUNDS DISTRIBUTED TO COLLEGES AND INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith Benton President | Officer | 1 | $0 |
George Boykin Past Preside | Officer | 1 | $0 |
Ben Ficklen Treasurer | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $2,000 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $26,619 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $28,619 |
Total Program Service Revenue | $0 |
Investment income | $20 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $28,639 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,111 |
Grants and other assistance to domestic individuals. | $0 |
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 | $52 |
Fees for services: Accounting | $500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $262 |
Advertising and promotion | $0 |
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 | $0 |
Total functional expenses | $10,925 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $18,749 |
Savings and temporary cash investments | $15,124 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $33,873 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $33,873 |
Net assets with donor restrictions | $0 |
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 | $33,873 |
Over the last fiscal year, Fort Mill Rotary Club Foundation Inc has awarded $121,850 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
FOUNDATION FOR FORT MILL SCHOOLS | | | $46,150 |
ROTARY INTERNATIONAL (FOOD) | | | $40,200 |
ROTARY INTERNATIONAL (WATER) | | | $15,000 |
ANNE SPRINGS CLOSE GREENWAY | | | $11,500 |
ROTARY INTERNATIONAL (CIRCUIT RIDER | | | $9,000 |
Over the last fiscal year, we have identified 1 grants that Fort Mill Rotary Club Foundation Inc has recieved totaling $595.
Awarding Organization | Amount |
---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $595 |
Organization Name | Assets | Revenue |
---|---|---|
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
North Carolina Glaxosmithkline Foundation Research Triangle Park, NC | $82,949,220 | $9,210,244 |
The Peyton Anderson Foundation Inc Macon, GA | $85,371,883 | $13,633,354 |
The Springs Close Foundation Inc Fort Mill, SC | $40,896,237 | $10,062,453 |
Albemarle Foundation Charlotte, NC | $33,633,920 | $20,497,587 |
Donald And Marilyn Keough Foundation Atlanta, GA | $98,883,521 | $27,525,361 |
Wilbur And Hilda Glenn Family Foundaition Atlanta, GA | $96,293,914 | $6,644,438 |
The Eddie And Jo Allison Smith Family Foundation Inc Greenville, NC | $134,122,083 | $44,728,639 |
Trailsend Foundation Atlanta, GA | $118,817,898 | $16,686,920 |