Rotary Club Of Santa Fe Foundation Inc
- Assets
- $654.0k
- Revenue
- $150.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 07/2006
- Data as of
- 06/2022
- EIN
- 65-1252553
Organization Overview
Rotary Club Of Santa Fe Foundation Inc is located in Santa Fe, NM. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Rotary Club Of Santa Fe 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, Rotary Club Of Santa Fe Foundation Inc generated $150.9k 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 (13.2%) each year. All expenses for the organization totaled $73.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rotary Club Of Santa Fe Foundation Inc has awarded 73 individual grants totaling $626,172. 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 RECEIVE, ADMINISTER, AND DISBURSE FUNDS FOR HUMANITARIAN PURPOSES IN SANTA FE AND NORTHERN NEW MEXICO
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND SCHOLARSHIP AWARDS WERE MADE TO VARIOUS LOCAL CHARITIES, STUDENT SCHOLARS, ONE ROTARY PROJECT, LOCAL DISASTER RELIEF, AND TO ROTARY INTERNATIONAL.
THE ORGANIZATION HOSTS THE ANNUAL JULY 4TH COMMUNITY EVENT "PANCAKES ON THE PLAZA" IN DOWNTOWN SANTA FE WITH THE ASSISTANCE OF 500 VOLUNTEERS. THE ORGANIZATION AWARDS GRANTS TO LOCAL CHARITABLE ORGANIZATIONS CHOSEN VIA A PUBLIC APPLICATION PROCESS. THIS EVENT WAS CANCELLED IN JULY 2021 DUE TO THE ONGOING PUBLIC HEALTH PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Quinn Treasurer | OfficerTrustee | 4 | $0 |
John Bishop Director | Trustee | 2 | $0 |
Kevin Southwick Secretary | OfficerTrustee | 4 | $0 |
John Wood Director | Trustee | 2 | $0 |
Michaelann Perea Director | Trustee | 2 | $0 |
Jim Roghair Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $104,082 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,066 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,148 |
| Total Program Service Revenue | $4,741 |
| Investment income | $7,146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,158 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $150,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,341 |
| Grants and other assistance to domestic individuals. | $18,500 |
| 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 | $4,491 |
| 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 | $582 |
| 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 | $73,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,613 |
| Savings and temporary cash investments | $210,655 |
| Pledges and grants receivable | $3,070 |
| 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 | $279,211 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $151,404 |
| Total assets | $653,953 |
| Accounts payable and accrued expenses | $3,488 |
| 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 | $3,488 |
| Net assets without donor restrictions | $312,439 |
| Net assets with donor restrictions | $338,026 |
| 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 | $653,953 |
Grants Awarded
Over the last fiscal year, Rotary Club Of Santa Fe Foundation Inc has awarded $13,888 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Fe, NM | | $7,388 |
Santa Fe, NM | | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rotary Club Of Santa Fe Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Vaterstetten Foundation Santa Fe, NM PURPOSE: SUPPORT FOR CHARITABLE ISSUES | $1,000 |
Endowment Analysis
| Beg. Balance | $291,291 |
| Earnings | $11,360 |
| Other Expense | $6,117 |
| Ending Balance | $296,534 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Davis Education Foundation Farmington, UT | $5,085,973 | $8,327,640 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
Prosperity Denver Fund Denver, CO | $29,340,017 | $14,622,453 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |