Rotary Club Of Aiken Foundation is located in Aiken, SC. The organization was established in 2017. 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 Aiken 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 06/2022, Rotary Club Of Aiken Foundation generated $150.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.5%) each year. All expenses for the organization totaled $148.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ROTARY CLUB OF AIKEN FOUNDATION IS A CHARITABLE ORGANIZATION THAT PROVIDES SCHOLARSHIPS FOR HIGHER EDUCATION EXPENSES TO GRADUATING AIKEN AREA HIGH SCHOOL SENIORS. THE ORGANIZATION ALSO PROVIDES FINACIAL SUPPORT AND/OR MATERIALS AND EQUIPMENT TO PROJECTS FOR THE IMPROVEMENT OF HEALTH, LIVING CONDITIONS, AND WELL BEING OF OTHERS.
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS FOR HIGHER EDUCATION EXPENSES TO AIKEN AREA HIGH SCHOOL SENIORS.
GRANTS PAID TO HABITAT FOR HUMANITY AND OTHER COMMUNITY SERVICE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mallory Holley President | 1 | $0 | |
Lisa Van Pelt-Diller Secretary | 1 | $0 | |
Corey Feraldi Board Members | 1 | $0 | |
Kim Abney Board Members | 1 | $0 | |
Robert Byrne Treasurer | 1 | $0 | |
Thomas Herlong Board Members | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $142,088 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $8,771 |
Total Revenue | $150,859 |
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 | $493 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2 |
Total expenses | $148,801 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,633 |
Other assets | $0 |
Total assets | $378,339 |
Total liabilities | $0 |
Net assets or fund balances | $378,339 |
Over the last fiscal year, we have identified 2 grants that Rotary Club Of Aiken Foundation has recieved totaling $50,025.
Awarding Organization | Amount |
---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Organization Name | Assets | Revenue |
---|---|---|
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Nc Student Aid Association Inc Raleigh, NC | $102,296,557 | $23,877,668 |
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Meeting Street Schools Charleston, SC | $31,326,851 | $31,027,510 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
The North Carolina A&t Real Estate Foundation Inc Greensboro, NC | $169,150,909 | $33,021,773 |
Morehead Cain Foundation Chapel Hill, NC | $0 | $13,275,596 |
Education Foundation Scholarship Endowment Trust Chapel Hill, NC | $389,903,195 | $25,351,334 |
Hire Heroes Usa Alpharetta, GA | $7,840,449 | $13,205,192 |
Apogee Georgia School Choice Scholarship Fund Atlanta, GA | $21,549,156 | $14,581,744 |
Amity Medical Group Inc Charlotte, NC | $3,300,228 | $10,911,191 |
Inspire Brands Foundation Inc Atlanta, GA | $11,528,068 | $11,993,911 |