Buckhead Rotary Foundation Inc
- Assets
- $1.8m
- Revenue
- $163.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/1994
- Data as of
- 06/2022
- EIN
- 58-2045173
Organization Overview
Buckhead Rotary Foundation Inc is located in Atlanta, GA. The organization was established in 1994. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Buckhead Rotary 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, Buckhead Rotary Foundation Inc generated $163.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $187.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Buckhead Rotary Foundation Inc has awarded 98 individual grants totaling $1,447,790. 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 CONTRIBUTE TO VARIOUS CHARITABLE ORGANIZATIONS IN SUPPORT OF THEIR ENDEAVORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BUCKHEAD ROTARY FOUNDATION PROVIDES GRANTS TO VARIOUS NONPROFITS TO SUPPORT THEIR CHARITABLE MISSION. DURING THE FISCAL YEAR ENDED JUNE 30, 2023, THE FOUNDATION GAVE OVER $150,000 TO 19 VARIOUS CHARITIES.
THE BUCKHEAD ROTARY FOUNDATION NAMED 2 OTIS JACKSON SCHOLARS TO INDIVIDUALS DURING THE YEAR ENDED JUNE 30, 2023 AND PROVIDED EACH NAMED SCHOLAR WITH A SCHOLARSHIP TO COVER TUITION AND RELATED EXPENSES AT OGLETHORPE UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ty Tippett President | OfficerTrustee | 2 | $0 |
Brent Adams Secretary | OfficerTrustee | 2 | $0 |
Greg Davis Treasurer | OfficerTrustee | 2 | $0 |
Catherine Land-Waters Trustee | Trustee | 1 | $0 |
Michael Stimpert Trustee | Trustee | 1 | $0 |
Craig Mckenzie Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,158 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,153 |
| Total Program Service Revenue | $0 |
| Investment income | $33,348 |
| 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 | $163,501 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $159,432 |
| Grants and other assistance to domestic individuals. | $24,000 |
| 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 | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $1,745 |
| All other expenses | $298 |
| Total functional expenses | $187,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,667 |
| Savings and temporary cash investments | $5,844 |
| 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 | $1,793,213 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,848,724 |
| 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 | $1,848,724 |
| 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 | $1,848,724 |
Grants Awarded
Over the last fiscal year, Buckhead Rotary Foundation Inc has awarded $129,992 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ROTARY INTERNATIONAL FOUNDATION PURPOSE: POLIO PLUS AND ANNUAL FUND | $10,000 |
GIRL SCOUTS OF GREATER ATLANTA PURPOSE: GENERAL SUPPORT | $14,000 |
LIVABLE BUCKHEAD PURPOSE: GENERAL SUPPORT | $7,200 |
ATLANTA AREA BOY SCOUTS OF AMERICA PURPOSE: GENERAL SUPPORT | $14,648 |
BUCKHEAD HERITAGE SOCIETY (PINEY GROVE) PURPOSE: GENERAL SUPPORT | $17,800 |
AGAPE YOUTH & FAMILY PURPOSE: GENERAL SUPPORT | $28,344 |