Rotary Club Of San Jose Foundation Inc
- Assets
- $7.4m
- Revenue
- $780.3k
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 03/1949
- Data as of
- 06/2021
- EIN
- 94-6112270
Organization Overview
Rotary Club Of San Jose Foundation Inc is located in San Jose, CA. The organization was established in 1949. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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 San Jose Foundation Inc 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 Of San Jose Foundation Inc generated $780.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $670.7k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rotary Club Of San Jose Foundation Inc has awarded 89 individual grants totaling $5,351,154. 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
MAKE CONTRIBUTIONS AND GRANTS TO LOCAL AND COMMUNITY NON-PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS & PROJECTS: THE FOUNDATION MAKES SMALL CAPITAL GRANTS TO ASSIST LOCAL COMMUNITY NONPROFITS, DISASTER RELIEF EFFORTS, AND INTERNATIONAL SERVICE ORGANIZATIONS. THE MAJORITY OF FUNDING SUPPORTS LOCAL COMMUNITY ORGANIZATIONS. FOR EXAMPLE, SEVERAL ORGANIZATIONS RECEIVED GRANTS FOR COMPUTERS, WHICH FACILITATED THE COVID-INDUCED NEED TO WORK FROM HOME. OUR MEMBERS WERE INVOLVED IN PROJECTS IN VIETNAM, EL SALVADOR, TANZANIA, AND OTHER COUNTRIES. THE FOUNDATION ALSO SPONSORS PROJECTS AND IDENTIFIABLE CAPITAL PURCHASES.
ROTAPLAST INTERNATIONAL: ROTAPLAST INTERNATIONAL SPONSORS MEDICAL MISSIONS TO DEVELOPING COUNTRIES TO PERFORM FREE RECONSTRUCTIVE SURGERY TO CHILDREN AROUND THE WORLD WHO ARE BORN WITH CLEFT LIP OR PALATE ANOMALIES. THE ROTARY CLUB OF SAN JOSE (RCSJ) PAYS FOR THE SUPPLIES AND EQUIPMENT NEEDED AND COVERS THE COST TO FLY THEM AND THE MEDICAL PERSONNEL TO THE COUNTRY WHERE THE SURGERIES ARE PERFORMED. RCSJ RECRUITES CLUB MEMBERS, WHO PAY FOR THEIR TRAVEL, AS VOLUNTEER SUPPORT STAFF.
ROTARY INTERNATIONAL SERVICES: ROTARY INTERNATIONAL IS COMMITTED TO THE CONCEPT OF WORLD PEACE AND UNDERSTANDING. WITH THIS COMMITMENT IN MIND, THE ROTARY CLUB OF SAN JOSE LOOKS TO PROVIDE SERVICES OUTSIDE THE UNITED STATES TO HELP COMMUNITIES ABROAD AND TO ELIMINATE POLIO AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarence Stone President | OfficerTrustee | 3 | $0 |
Chris Duke Vice President, Finance | OfficerTrustee | 3 | $0 |
Sarah Clish Vice President, Grants | OfficerTrustee | 3 | $0 |
Leslee Hamilton Secretary, Executive Director | OfficerTrustee | 40 | $0 |
Fred Begun Trustee | Trustee | 2 | $0 |
Mauricio Cordova Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $162,985 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $486,845 |
| Noncash contributions included in lines 1a–1f | $45,415 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $649,830 |
| Total Program Service Revenue | $0 |
| Investment income | $145,754 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,834 |
| Net Income from Fundraising Events | -$22,257 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $780,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $160,856 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $117,000 |
| 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 | $41,556 |
| Fees for services: Other | $24,991 |
| Advertising and promotion | $0 |
| Office expenses | $75 |
| 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 | $670,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $436,111 |
| Savings and temporary cash investments | $942,016 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,463 |
| 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 | $9,036 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,963,968 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,365,594 |
| Accounts payable and accrued expenses | $2,500 |
| 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 | $0 |
| Total liabilities | $2,500 |
| Net assets without donor restrictions | $5,570,506 |
| Net assets with donor restrictions | $1,792,588 |
| 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 | $7,365,594 |
Grants Awarded
Over the last fiscal year, Rotary Club Of San Jose Foundation Inc has awarded $40,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Milpitas, CA PURPOSE: OPERATING SUPPORT | $20,000 |
San Jose, CA PURPOSE: GENERAL DONATION | $10,000 |
San Jose, CA PURPOSE: USED FLAT BED TRUCK | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Rotary Club Of San Jose Foundation Inc has recieved totaling $20,470.
| Awarding Organization | Amount |
|---|---|
Brezzo Family Foundation San Rafael, CA PURPOSE: TO SUPPORT CHARITABLE ACTIVITY | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $6,450 |
Brandenburg Family Foundation San Jose, CA PURPOSE: SUPPORT PORGRAMS TO ENGAGE SAN JOSE LEADERS IN MEANINGFUL SERVICE WITHIN OUR COMMUNITY AND HUMANTIARIAN PROJECTS. | $3,500 |
Mac Millan Family Foundation Inc San Jose, CA PURPOSE: GENERAL SUPPORT | $398 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Endowment Analysis
| Beg. Balance | $4,891,955 |
| Earnings | $1,165,125 |
| Admin Expense | $41,556 |
| Net Contributions | $295,009 |
| Other Expense | $241,785 |
| Ending Balance | $6,068,748 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Providence International Enterprises Redding, CA | $2,351,572 | $1,347,826 |
Sunshine Acres Childrens Home Charitable Foundation Inc Mesa, AZ | $38,105,629 | $1,343,815 |
Inter-Mountain Fair Heritage Foundation Mcarthur, CA | $1,211,489 | $1,441,360 |
Milpitas Charity Bingo Inc Milpitas, CA | $2,206,850 | $2,853,560 |
Sheet Metal & Air Conditioning Contractors Of San Diego Industry La Mesa, CA | $61,133 | $681,809 |
The Mariinsky Foundation Of America Inc Phoenix, AZ | $261,174 | $246,717 |
Rotary Club Of San Jose Foundation Inc San Jose, CA | $7,365,594 | $780,293 |
Teamsters Local 986 Charity Fund Inc Covina, CA | $4,606,717 | $331,235 |
Los Altos Rotary Endowment Fund Inc Los Altos, CA | $1,354,199 | $619,008 |
Orange County Parks Foundation Irvine, CA | $6,798,547 | $380,317 |
Rotary Foundation Of Incline Village Incline Village, NV | $93,721 | $392,374 |
Bipoc Support Foundation Escondido, CA | $89,357 | $340,564 |