Rotary Club Of Wilmington Scholarship Fund Trust

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

EIN: 046555752 ✦ Wilmington, MA ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of Wilmington Scholarship Fund Trust?

The Rotary Club Of Wilmington Scholarship Fund Trust is a nonprofit organization committed to raising funds through events and contributions, with the primary objective of providing scholarships to residents of Wilmington. Over the years, they have granted scholarships to numerous individuals, with the numbers varying from 14 to 20 scholarships awarded to Wilmington residents, demonstrating their continued commitment to supporting local education. The specifics of the events and the selection process for these scholarships are not detailed in the provided information.

Is Rotary Club Of Wilmington Scholarship Fund Trust legitimate?

Rotary Club Of Wilmington Scholarship Fund Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Wilmington Scholarship Fund Trust 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 Rotary Club Of Wilmington Scholarship Fund Trust?

The Rotary Club of Wilmington Scholarship Fund Trust's primary mission is to accumulate funds through various events and contributions. The primary aim of these funds is to provide scholarships to residents of Wilmington. Over the years, the organization has awarded scholarships to numerous Wilmington residents, including 20, 19, and 14 recipients in different instances. The Rotary Club's goal is to support the educational aspirations of its local community by providing financial assistance.

Who is the CEO of Rotary Club Of Wilmington Scholarship Fund Trust?

Robert G Peterson Jr is the Trustee of Rotary Club Of Wilmington Scholarship Fund Trust.

What is the revenue of Rotary Club Of Wilmington Scholarship Fund Trust?

Rotary Club Of Wilmington Scholarship Fund Trust's revenue in 2023 was $18,549.

Who are the executives of Rotary Club Of Wilmington Scholarship Fund Trust and what are their salaries?


Here are 7 key members and their salaries:


Robert G Peterson Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Giroux (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Nevelle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cushing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen G Peterson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Vassallo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Rotary Club Of Wilmington Scholarship Fund Trust?

Rotary Club Of Wilmington Scholarship Fund Trust's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Rotary Club Of Wilmington Scholarship Fund Trust

The Rotary Club of Wilmington Scholarship Fund Trust is an organization dedicated to raising funds through various events and contributions. Its primary mission is to award scholarships to individuals residing in Wilmington. Over the years, the organization has granted numerous scholarships to local residents, with the number varying from 14 to 20 scholarships each time. These scholarships serve as a means to support the educational pursuits of deserving individuals, thereby contributing to their personal growth and development. The Rotary Club of Wilmington Scholarship Fund Trust's mission is instrumental in providing financial aid to those in need, thereby making higher education more accessible and affordable for Wilmington residents.

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Impact




August, 2024

The Rotary Club Of Wilmington Scholarship Fund Trust has made a significant impact on the community by granting scholarships to numerous Wilmington residents. Over the years, the Trust has awarded a substantial number of scholarships to local students, providing them with the financial support they need to pursue their educational goals. This support has undoubtedly made a positive difference in the lives of the recipients, helping them access higher education and achieve their academic aspirations. The Trust's commitment to raising funds and supporting education exemplifies its dedication to empowering and investing in the future of Wilmington residents.




This information is meant to be a general summary of Rotary Club Of Wilmington Scholarship Fund Trust. 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
$18,549 (2023)
Expenses
$27,411 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $14
  • Gross Receipts: $18,549

Assets and Liabilities:

  • Total Assets: $91,504
  • Total Liabilities: $11,000
  • Net Assets: $80,504

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Organization Details

Principal Officer

Robert G Peterson Jr

Main Address

314 Main Street STE 103, Wilmington, MA, 01887

NTEE Category

Code: B84 - Education

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