Rotary Club 29 Foundation
- Assets
- $2.4m
- Revenue
- $772.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 03/1960
- Data as of
- 06/2021
- EIN
- 73-6093582
Organization Overview
Rotary Club 29 Foundation is located in Oklahoma City, OK. The organization was established in 1960. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Rotary Club 29 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 06/2021, Rotary Club 29 Foundation generated $772.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $286.5k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Rotary Club 29 Foundation has awarded 22 individual grants totaling $475,657. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ROTARY CLUB 29 FOUNDATION WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING SUPPORT FOR THE PHILANTHROPIC PROJECTS OF THE ROTARY CLUB OF OKLAHOMA CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILANTHROPIES INCLUDING DISASTER RELIEF AND LOCAL, DOMESTIC AND INTERNATIONAL GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Walters Club President | Officer | 2 | $0 |
Ann Ackerman Chair | Officer | 2 | $0 |
Jerrod Shouse Club President - Elect | Officer | 2 | $0 |
Ross Plourde Club Immediate Past Treasurer | Officer | 2 | $0 |
Tim Dowd Directorsecretary | Trustee | 2 | $0 |
Clytie Bunyan 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 | $248,507 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,507 |
| Total Program Service Revenue | $0 |
| Investment income | $523,605 |
| 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 | $772,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,750 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,935 |
| 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 | $0 |
| 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 | $1,104 |
| 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 | $286,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,535 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,127 |
| 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 | $1,865,177 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $321,014 |
| Total assets | $2,441,853 |
| Accounts payable and accrued expenses | $80,376 |
| 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 | $2,151 |
| Total liabilities | $82,527 |
| Net assets without donor restrictions | $1,991,270 |
| Net assets with donor restrictions | $368,056 |
| 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 | $2,441,853 |
Grants Awarded
Over the last fiscal year, Rotary Club 29 Foundation has awarded $171,084 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Oklahoma City, OK PURPOSE: One Pledge Project | $70,000 |
Oklahoma City, OK PURPOSE: Sensory Room Grant & Playroom Equipment | $37,334 |
Oklahoma City, OK PURPOSE: Meals on Wheels & Disaster Relief | $15,750 |
Evanston, IL PURPOSE: Global Grants - Multiple | $15,000 |
Oklahoma City, OK PURPOSE: Community Water Project | $13,000 |
Seattle, WA PURPOSE: Copperbelt Province Malaria Elimination | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rotary Club 29 Foundation has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swope Community Enterprises Kansas City, MO | $0 | -$1,888,854 |
Waterstone Supporting Organization Trust 1 Colorado Springs, CO | $40,765,931 | $77,364,111 |
Kingdom Builders Center Of Houston Texas Inc Houston, TX | $28,395,057 | $4,665,269 |
Dkg Supporting Corporation Austin, TX | $0 | $167,191 |
Tulsas Future Inc Tulsa, OK | $2,018,642 | $4,150,136 |
Ladies Union Benevolent Association St Joseph, MO | $16,215,368 | $4,268,127 |
Employer Services Assurance Corporation Little Rock, AR | $1,737,233 | $2,709,348 |
Oklahoma City Economic Development Foundation Inc Oklahoma City, OK | $2,119,683 | $2,021,989 |
National Association Of Electrical Distributors Education Foundation St Louis, MO | $19,969,630 | $3,274,087 |
Santa Fe Railyard Community Santa Fe, NM | $384,295 | $1,982,412 |
Decoursey Properties Amarillo, TX | $7,188,504 | $6,250,317 |
South Houston Economic Development Corp South Houston, TX | $1,182,737 | $1,189,998 |