The Vero Beach Rotary Foundation Inc
- Assets
- $340.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 03/1996
- Data as of
- 06/2024
- EIN
- 65-6416241
Organization Overview
The Vero Beach Rotary Foundation Inc is located in Vero Beach, FL. The organization was established in 1996. 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. Vero Beach 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION DONATES TO VARIOUS SEC 501(C)(3) CHARITABLE ORGANIZATIONS INCLUDING TO ORGANIZATIONS PROVIDING SCHOLARSHIPS TO AREA'S YOUTH
Describe the Organization's Program Activity:
Part 3
GRANTS TO 501(C)(3) CHARITIES
SCHOLARSHIPS:. GRANTS TO INDIAN RIVER STATE COLLEGE FOUNDATION AND EDUCATION FOUNDATION
GRANT TO ROTARY CLUB OF VERO BEACH FOR COMMUNITY CHARITABLE AND/OR ENVIRONMENTAL PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Bailey Director/trustee | 0.25 | $0 | |
Brenda Bradley Director/trustee | 0.25 | $0 | |
Jason Conklin Director/trustee | 0.25 | $0 | |
Frederick Weismiller Director/trustee | 0.25 | $0 | |
Sandy Vilas Director/trustee | 0.25 | $0 | |
Kathryn Barton Treasurer/trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,504 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,629 |
| Gain or Loss | $352 |
| Net Income from Gaming & Fundraising | -$16,246 |
| Other Revenue | $0 |
| Total Revenue | $23,239 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,649 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $380 |
| Total expenses | $24,529 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,258 |
| Other assets | $0 |
| Total assets | $340,546 |
| Total liabilities | $3,500 |
| Net assets or fund balances | $337,046 |
Grants Awarded
Over the last fiscal year, The Vero Beach Rotary Foundation Inc has awarded $17,737 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SHINING LIGHT GARDEN FOUNDATION PURPOSE: TO ASSIST FUNDING FOR GROWING OF "MIRACLE" BERRY PLANTS FOR HELP FOR CANCER PATIENTS | $1,000 |
SCHOLARSHIP FOUNDATION OF INDIAN RIVER COUNTY PURPOSE: DONATION FOR ACADEMIC COLLEGE SCHOLARSHIP | $4,000 |
INDIAN RIVER STATE COLLEGE FOUNDATION INC PURPOSE: FOR 4 $600 SCHOLARSHIPS | $2,400 |
INDIAN RIVER HABITAT FOR HUMANITY PURPOSE: TO ASSIST WITH FUNDING REPAIRS TO THE HOMES OF TWO AREA NEEDY SENIORS | $2,000 |
GIFFORD FLORIDA YOUTH ORCHESTRA PURPOSE: COVER COST OF ONE ORCHESTRA PARTICIPANT FOR YEAR | $1,837 |
FLOAT HOPE OF INDIAN RIVER COUNTY INC PURPOSE: SUPPORT LEARN TO SWIM PROGRAM FOR UNDERPRIVILEGED YOUTH | $3,000 |