Rotary Club Of Roseville Foundation
- Assets
- $1.1m
- Revenue
- $304.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, CA
- Founding
- 11/1993
- Data as of
- 06/2024
- EIN
- 68-0289158
Organization Overview
Rotary Club Of Roseville Foundation is located in Roseville, CA. The organization was established in 1993. According to its NTEE Classification (T30) the organization is classified as: Public 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. Rotary Club Of Roseville 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 06/2024, Rotary Club Of Roseville Foundation generated $304.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $223.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ROTARY CLUB OF ROSEVILLE FOUNDATION WAS FORMED TO PROVIDE GRANTS TO AT-RISK CHILDREN, LOW INCOME SENIORS, COMMUNITY NON-PROFITS,SCHOLARSHIPS, AND ROTARY INTERNATIONAL PROJECTS THROUGH FUNDS GENERATED BY FUNDRAISING ACTIVITIES, GRANT REQUESTS, AND INDIVIDUAL CONTRIBUTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE THE FOUNDATIONS INCEPTION, THE FOUNDATION HAS PROVIDED NON-PROFIT GRANTS OF $550 TO $2,200 EACH TO LOCAL ROSEVILLE CHARITABLE ORGANIZATIONS THAT FURTHER THE MISSION AND OBJECTIVES OF THE FOUNDATION.THE FOUNDATION ALSO HAS PROVIDED GRANTS TO CITY AND COUNTY DEPARTMENTS TO ASSIST WITH THEIR CIVIC PROJECTS. SOURCES OF THESE FUNDS WERE FROM THE NET PROCEEDS OF FUNDRAISING PROJECTS.
$21,981 CONSISTS OF GRANTS TO INTERNATIONAL SERVICE PROJECTS LIKE SEWING MACHINES FOR A SCHOOL IN UGANDA ($1,500); CLEAN WATER WELLS IN HONDURAS ($3,100);INDIA SCHOLARSHIP PROJECT ($500); RWANDA SEWING MACHINE TRAINING PROJECT ($5,100); AFGHANISTAN FOOD AND EARTHQUAKE RELIEF ($4,981); ROOF AND FENCING FOR A SCHOOL IN KENYA($1,500); SCHOOL UNIFORMS AND BOOKS FOR A SCHOOL IN KENYA ($1,800); SEWING MACHINES FOR A SCHOOL IN KENYA ($1,000); ULTRA SOUND MACHINES FOR A HOSPITAL IN COLUMBIA ($2,500);
SINCE THE FOUNDATIONS INCEPTION,THE FOUNDATION HAS PROVIDED SCHOLARSHIPS FOR STUDENTS AND STUDENT ACTIVITIES AT LOCAL ROSEVILLE SCHOOLS, CONSISTENT WITH ITS MISSION AND OBJECTIVES. GRANTS WERE ALSO PROVIDED TO SCHOOL ORGANIZATIONS THAT PROVIDE SERVICES TO THE NEEDY. SOURCES OF THESE FUNDS WERE FROM NET PROCEEDS OF FUNDRAISING PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Janzen Trustee | Trustee | 1 | $0 |
Ken Jamaca Trustee | Trustee | 1 | $0 |
Bruce Kerr Trustee | Trustee | 1 | $0 |
Timothy Sproul Trustee | Trustee | 1 | $0 |
Glen Fong Trustee | Trustee | 0 | $0 |
Dave Clemens Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $233,577 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,534 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,111 |
| Total Program Service Revenue | $0 |
| Investment income | $27,296 |
| 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 | $304,407 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,087 |
| Grants and other assistance to domestic individuals. | $4,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $21,981 |
| 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 | $363 |
| 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 | $0 |
| All other expenses | $3,223 |
| Total functional expenses | $223,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,093 |
| Savings and temporary cash investments | $52,910 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,422 |
| 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 | $971,263 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,110,688 |
| Accounts payable and accrued expenses | $22,418 |
| 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 | $2,658 |
| Total liabilities | $25,076 |
| Net assets without donor restrictions | $53,041 |
| Net assets with donor restrictions | $1,032,571 |
| 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 | $1,110,688 |