Rotary Foundation Of Indianapolis Inc
- Assets
- $8.3m
- Revenue
- $410.0k
- Investments
- $5.7m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/1953
- Data as of
- 06/2022
- EIN
- 35-6043931
Organization Overview
Rotary Foundation Of Indianapolis Inc, operating under the name Indianapolis Rotary Foundation, is located in Indianapolis, IN. The organization was established in 1953. 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. Indianapolis Rotary 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, Indianapolis Rotary Foundation generated $410.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $340.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Indianapolis Rotary Foundation has awarded 44 individual grants totaling $1,315,611. 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
TO FURTHER THE PHILOSOPHY OF "SERVICE ABOVE SELF" BY MAKING CHARITABLE/EDUCATIONAL GRANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OF THE GRANTS AND CONTRIBUTIONS WERE TO OTHER IRC SECTION 501(C) (3) ORGANIZATIONS, WHICH USED THE FUNDS TO CARRY OUT THEIR PARTICULAR EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Bubenzer President | OfficerTrustee | 2 | $0 |
Matt Burnett Vice President | OfficerTrustee | 2 | $0 |
Matthew Will Treasurer | OfficerTrustee | 2 | $0 |
Erik Johnson Director | Trustee | 2 | $0 |
Pat Garten Director | Trustee | 2 | $0 |
Kathy Cookerly Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,941 |
| Total Program Service Revenue | $0 |
| Investment income | $118,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $264,633 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $409,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $215,765 |
| 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 | $62,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,279 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,027 |
| 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 | $529 |
| Total functional expenses | $340,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,742 |
| 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 | $2,514,358 |
| Investments—other securities | $5,735,089 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,304,189 |
| 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 | $8,304,189 |
| 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 | $8,304,189 |
Grants Awarded
Over the last fiscal year, Rotary Foundation Of Indianapolis Inc has awarded $130,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHIN COMMUNITY OF INDIANA PURPOSE: SUPPORT THE CHIN COMMUNITY TO ENSURE THEIR ECONOMIC AND SOCIAL SUCCESS AS THEY INTEGRATE INTO THE UNITED STATES | $50,000 |
Oakland, CA PURPOSE: IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN BY INCREASING OPPORTUNITIES FOR PHYSICAL ACTIVITY AND SAFE MEANINGFUL PLAY. | $25,000 |
Indianapolis, IN PURPOSE: SUPPORT THE FINANCIAL LITERACY PROGRAM WHICH IS A 16 WEEK CO-ED PROGRAM DESIGNED TO EDUCATE HIGH SCHOOL STUDENTS IN THE AREA OF FINANCIAL MANAGEMENT AND BASIC INVESTMENTS. | $25,000 |
Indianapolis, IN PURPOSE: SUPPORT FOR YEAR-ROUND PROGRAM FOCUSING ON YOUTH LEADERSHIP DEVELOPMENT, STEM EDUCATION, COLLEGE PREPARATION, LIFETIME FITNESS, LIFE-LONG READING AND CRIME AND DRUG PREVENTION. | $10,000 |
Indianapolis, IN PURPOSE: SUPPORT TO REBUILD AND EXPAND THE CAPACITY OF ITS TRANSITIONAL AND SUPPORTIVE EMPLOYMENT PROGRAMS POST THE COVID-19 PANDEMIC. | $10,000 |
Indianapolis, IN PURPOSE: SUPPORT FOR THE PURCHASE OF SUPPLIES FOR ASSAULT SURVIVOR KITS. IN TURN, HOPE THAT THE KITS ARE A SMALL FIRST STEP TO HELP START EASING SOME OF THE EMOTIONAL PAIN FOR VICTIMS AND BEGIN TO RESTORE HOPE AND DIGNITY TO SURVIVORS OF ASSAULT WHEN SO MUCH HAS BEEN TAKEN FROM THEM. | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rotary Foundation Of Indianapolis Inc has recieved totaling $211,000.
| Awarding Organization | Amount |
|---|---|
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: 2021 Distribution | $210,000 |
Johnson-Weaver Foundation Indianapolis, IN PURPOSE: GENERAL FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rotary International Evanston, IL | $194,654,881 | $96,362,213 |
Strada Education Network Inc Indianapolis, IN | $1,671,156,809 | $181,933,523 |
International Association Of Lions Clubs Oak Brook, IL | $209,434,392 | $68,740,162 |
Hunger Task Force Inc Milwaukee, WI | $33,494,491 | $39,896,159 |
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Gateway Community Services West Liberty, KY | $5,832,121 | $17,974,926 |
Kiwanis International Inc Indianapolis, IN | $39,067,168 | $19,372,757 |
East Missouri Action Agency Inc Park Hills, MO | $6,519,330 | $14,431,185 |
Peoples Resource Center Wheaton, IL | $11,624,824 | $14,489,395 |
Options In Community Living Inc Madison, WI | $7,666,427 | $12,922,524 |
The Project Of The Quad Cities Moline, IL | $3,042,917 | $9,742,206 |
Community Alliance Of The Far Eastside Inc Indianapolis, IN | $9,902,468 | $9,126,970 |