Rotary Club Of Selma Endowment Fund is located in Selma, CA. The organization was established in 2002. 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 Selma Endowment Fund 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 06/2023, Rotary Club Of Selma Endowment Fund generated $3.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE WAS TO ESTABLISH A 501(C)(3) ENTITY TO ALLOW MEMBERS OR NON-MEMBERS OF THE ROTARY CLUB OF SELMA,501(C)(4), TO MAKE TAX DEDUCTIBLE DONATIONS DIRECTLY OR BY WILL. THE INVESTMENT INCOME FROM THIS ENDOWMENT FUND CAN BE USED TO HELP ROTARY INTERNATIONAL-SELMA CLUB PAY FOR MANY OF IT'S LOCAL AND INTERNATIONAL HUMANITARIAN PROJECTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stewart Skoglund President | 0 | $0 | |
Harold Phillips Secretary | 0 | $0 | |
Larry Teixeira Treasurer | 0 | $0 | |
John L Martin Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $463 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,713 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,782 |
| Other assets | $0 |
| Total assets | $72,782 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,782 |