Rotary Club Of Burbank Sunrise - Jack Forsch Memorial Foundation
- Assets
- $242.9k
- Revenue
- $16.6k
- Investments
- $190.0k
- Employees
- 0
- Location
- Burbank, CA
- Founding
- 05/2019
- Data as of
- 06/2021
- EIN
- 83-4548030
Organization Overview
Rotary Club Of Burbank Sunrise - Jack Forsch Memorial Foundation is located in Burbank, CA. The organization was established in 2019. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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 Of Burbank Sunrise - Jack Forsch Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS PROVIDED TO HIGH SCHOOL SENIORS
PROVIDING FUNDS TO ORGANIZATION SUPPORTING THE LOCAL COMMUNITY - PROVIDED FUNDS TO 5 ORGANIZATIONS WHICH ASSIST INDIVIDUALS IN NEED IN THE LOCAL COMMUNITY
PROVIDED FUNDS FOR INTERNATIONAL SERVICE PROJECTS ADMINISTERED THROUGH THE ROTARY FOUNDATION
PROVIDED SCHOLARSHIP FOR VOCATIONAL WORK
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrance Shelton CEO | 2 | $0 | |
Ian Waterhouse CFO | 2 | $0 | |
Lee Stacy Incorporator | 2 | $0 | |
Janice Lowers Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,413 |
| Interest on Savings | $6 |
| Dividends & Interest | $10,152 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,007 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,564 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $60 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,751 |
| Contributions, gifts, grants paid | $13,625 |
| Total expenses and disbursements | $16,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,855 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $242,881 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $4,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,500 |
Grants Awarded
Over the last fiscal year, Rotary Club Of Burbank Sunrise - Jack Forsch Memorial Foundation has awarded $13,625 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MULTIPLE RECIPIENTS PURPOSE: EDUCATIONAL SCHOLARSHIP TO GRADUATING HIGH SCHOOL STUDENTS; AWARDED DURING CURRENT YEAR | $7,750 |
Burbank, CA PURPOSE: FOR ASSISTING INDIVIDUALS TRANSITION FROM HOMELESSNESS | $2,150 |
THE ROTARY FOUNDATION PURPOSE: FOR PROJECTS TO ASSIST THOSE IN NEED IN COSTA RICA | $1,000 |
DISTRICT 5280 CHARITABLE FOUNDATION PURPOSE: FOR PROVIDING ASSISTANCE TO MILITARY FAMILIES | $1,000 |
THE ROTARY FOUNDATION PURPOSE: FOR ERADICATION OF POLIO | $500 |
KIWANIS LITERACY CLUB PURPOSE: FOR PROVIDING BOOKS IN UNDERSERVED COMMUNITIES | $425 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fresno Building Healthy Communities Fresno, CA | $7,681,991 | $11,111,006 |
Korean Immigrant Workers Advocates Of Southern California Los Angeles, CA | $4,731,702 | $8,492,805 |
Native Americans For Community Action Inc Flagstaff, AZ | $13,508,728 | $5,982,716 |
Goleta Valley Professional Buildings Inc Santa Barbara, CA | $89,343,424 | $8,414,379 |
Foothill Ranch Maintenance Corporation Irvine, CA | $3,077,161 | $4,440,100 |
Pilipino Workers Center Of Southern Los Angeles, CA | $1,734,132 | $5,015,376 |
Southwest District Kiwanis Foundation Carefree, AZ | $3,902,018 | $3,838,305 |
Benevolent & Protective Order Of Elks Of The Usa Honolulu, HI | $18,759,259 | $3,966,966 |
Alliance For African Assistance San Diego, CA | $4,342,451 | $2,754,226 |
Samoan Community Development Center Incorporated San Francisco, CA | $808,922 | $2,608,203 |
Imagine Worldwide Mill Valley, CA | $4,339,932 | $3,145,641 |
East Bay Sanctuary Covenant Berkeley, CA | $2,472,298 | $3,238,698 |