Overview
What is The Rotary Club Of Watertown Connecticut Foundation Inc?
The Rotary Club Of Watertown Connecticut Foundation Inc is a nonprofit organization dedicated to supporting community organizations. One of their significant initiatives involves providing financial aid to the town of Watertown's parks department for the construction of a new playground. Moreover, this charitable organization has been generous in awarding scholarships to deserving individuals. Over the years, they have granted scholarships of $1,000 each to a varying number of students, with eight, seven, five, and six recipients recorded in separate instances. By offering financial assistance and scholarships, The Rotary Club Of Watertown Connecticut Foundation Inc plays a crucial role in enriching local communities and supporting the education of young people.
Is The Rotary Club Of Watertown Connecticut Foundation Inc legitimate?
The Rotary Club Of Watertown Connecticut Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rotary Club Of Watertown Connecticut 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of The Rotary Club Of Watertown Connecticut Foundation Inc?
The Rotary Club Of Watertown Connecticut Foundation Inc's mission primarily revolves around supporting community organizations. One of its significant initiatives involves providing financial assistance. This has led to the construction of a new playground in the town of Watertown's parks department. Furthermore, the foundation has shown a commitment to education by awarding numerous scholarships to various individuals. Specifically, it has granted eight scholarships worth 1,000 dollars, seven scholarships worth the same amount, five scholarships, and six scholarships again, all amounting to 1,000 dollars each. This organization's activities primarily focus on uplifting the local community and its members through these initiatives.
What is the revenue of The Rotary Club Of Watertown Connecticut Foundation Inc?
The Rotary Club Of Watertown Connecticut Foundation Inc's revenue in 2023 was $40,502.
Who are the executives of The Rotary Club Of Watertown Connecticut Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990EZ for The Rotary Club Of Watertown Connecticut Foundation Inc?
The Rotary Club Of Watertown Connecticut Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of The Rotary Club Of Watertown Connecticut Foundation Inc
The Rotary Club of Watertown Connecticut Foundation Inc is an organization dedicated to supporting community initiatives. One of its primary objectives is to contribute to the local community by granting funds to various organizations. A notable example of this is its donation towards the construction of a new playground in the town of Watertown's parks department.
In addition to its financial support, the foundation also invests in the education of young individuals. It has awarded numerous scholarships, with amounts ranging from one thousand dollars, to help deserving students further their education. The foundation has granted a total of twenty-six such scholarships, distributing them among different recipients in various quantities, including eight, seven, five, and six scholarships of one thousand dollars each.
In summary, The Rotary Club of Watertown Connecticut Foundation Inc is a charitable organization that focuses on uplifting its community. It achieves this through providing financial assistance to community organizations and supporting the educational aspirations of students by offering scholarships.
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Impact
August, 2024
The Rotary Club of Watertown Connecticut Foundation Inc has made a significant impact in the community by supporting various organizations and initiatives. This includes granting funds to the town of Watertown parks department for a new playground and awarding multiple scholarships totaling thousands of dollars to further the education of local individuals. Through these efforts, the foundation is actively contributing to the betterment of the community and the future success of its members.
This information is meant to be a general summary of The Rotary Club Of Watertown Connecticut 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,608
- Gross Receipts: $163,440
Assets and Liabilities:
- Total Assets: $263,159
- Total Liabilities: $0
- Net Assets: $263,159
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Organization Details
Principal Officer
Ronald Pleasant
NTEE Category
Code: B82 - Education
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