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Bedford Rotary Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043002998 ✦ Bedford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Bedford Rotary Foundation Inc?

Bedford Rotary Foundation Inc is a charitable organization situated in Bedford, Massachusetts. Its primary focus lies in providing scholarships to local high school students, specifically graduating seniors and sophomores attending the Rotary Youth Leadership Program. Additionally, the foundation supports international aid by funding food assistance initiatives through Rise Against Hunger, aiming to alleviate hunger in needy families worldwide. Further, Bedford Rotary Foundation Inc extends its philanthropic activities to both the local and international community, offering financial aid and resources for various causes. This includes scholarships for Bedford's high school graduates and the provision of beds and bedding for underprivileged children.

Is Bedford Rotary Foundation Inc legitimate?

Bedford Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bedford Rotary Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Bedford Rotary Foundation Inc?

The Bedford Rotary Foundation Inc's mission involves providing scholarships to graduating seniors and high school sophomores, supporting their participation in the Rotary Youth Leadership Program. Furthermore, the foundation is committed to alleviating hunger globally by funding initiatives through Rise Against Hunger. Additionally, they offer scholarships to graduating high school seniors residing in Bedford, Massachusetts. Lastly, the organization actively supports community and international philanthropic activities, including providing beds and bedding for needy children.

Who is the CEO of Bedford Rotary Foundation Inc?

Sze-Wen Kuo is the President of Bedford Rotary Foundation Inc.

What is the revenue of Bedford Rotary Foundation Inc?

Bedford Rotary Foundation Inc's revenue in 2022 was $63,745.

Who are the executives of Bedford Rotary Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Sze-Wen Kuo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel H Berenson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Babcock (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev John Castricum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Pinney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrence Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Gilarde (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Claudio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Bedford Rotary Foundation Inc?

Bedford Rotary Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Bedford Rotary Foundation Inc

The Bedford Rotary Foundation Inc is a dedicated organization that undertakes various philanthropic activities. Its primary mission involves providing scholarships to deserving students. Specifically, it offers scholarships to graduating seniors residing in Bedford, Massachusetts, as well as to high school sophomores in the same town to attend the Rotary Youth Leadership Program. Beyond academic support, the foundation extends its philanthropic efforts to addressing global hunger. It funds food aid initiatives through Rise Against Hunger, ensuring that needy families worldwide have access to essential nutrition.

Moreover, the Bedford Rotary Foundation Inc is committed to supporting community and international causes. It provides financial assistance to aid in the procurement of beds and bedding for needy children, thereby contributing to their overall well-being. Additionally, the foundation actively participates in community and international philanthropic activities, demonstrating its dedication to making a positive impact on multiple levels.

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Impact




August, 2024

Bedford Rotary Foundation Inc's impact is significant in providing scholarships to graduating seniors and high school sophomores in Bedford, MA, supporting community and international philanthropic activities, funding beds and bedding for needy children, and providing food for needy families worldwide through Rise Against Hunger. Their philanthropic endeavors make a meaningful difference in supporting education, alleviating poverty, and improving the quality of life for individuals in need.




This information is meant to be a general summary of Bedford Rotary Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$63,745 (2022)
Expenses
$51,959 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34,044
  • Gross Receipts: $83,187

Assets and Liabilities:

  • Total Assets: $274,668
  • Total Liabilities: $960
  • Net Assets: $273,708

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Organization Details

Principal Officer

Sze-Wen Kuo

Main Address

PO BOX 414, BEDFORD, MA, 01730

NTEE Category

Code: T123 - Philanthropy

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