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Locust Valley Rotary Club Foundation Inc

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

EIN: 113075245 ✦ Locust valley, NY ✦ Designated as a 501(c)(3)

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Overview

What is Locust Valley Rotary Club Foundation Inc?

The Locust Valley Rotary Club Foundation is a nonprofit organization that actively solicits and manages donations, bequests, and properties, both in value and quantity. Its primary objectives include providing scholarships to deserving students for their educational pursuits and granting funds to the Rotary Foundation and other rotary groups. Beyond financial aid, the foundation also contributes to various community programs, such as renovating local landmarks like the gazebo and clock tower, demonstrating its commitment to enhancing the Locust Valley community.


Official website here: www.lvrotary.org

Is Locust Valley Rotary Club Foundation Inc legitimate?

Locust Valley Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Locust Valley Rotary Club 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.


Official website here: www.lvrotary.org

What is the mission statement of Locust Valley Rotary Club Foundation Inc?

The Locust Valley Rotary Club Foundation's mission involves soliciting and managing funds, primarily through donations and bequests. This organization invests and administers these resources without limitation, aiming to award scholarships for deserving students' educational pursuits. Furthermore, it provides grants to the Rotary Foundation and other rotary clubs. In addition to these financial activities, the foundation contributes to various community programs, such as renovations to local landmarks like the gazebo and clock tower.


Official website here: www.lvrotary.org

Who is the CEO of Locust Valley Rotary Club Foundation Inc?

Larry Dyche is the President of Locust Valley Rotary Club Foundation Inc.


Official website here: www.lvrotary.org

What is the revenue of Locust Valley Rotary Club Foundation Inc?

Locust Valley Rotary Club Foundation Inc's revenue in 2022 was $18,585.


Official website here: www.lvrotary.org

Who are the executives of Locust Valley Rotary Club Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Larry Dyche (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Santucci (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lvrotary.org

Where can I find the form 990EZ for Locust Valley Rotary Club Foundation Inc?

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


Official website here: www.lvrotary.org

Learn more at the official website: www.lvrotary.org

Mission Statement of Locust Valley Rotary Club Foundation Inc

The Locust Valley Rotary Club Foundation is an organization dedicated to collecting, managing, and distributing funds for various purposes. Its primary mission involves awarding scholarships to deserving students, supporting their educational endeavors. Beyond this, the foundation also extends its financial aid to the Rotary Foundation and other rotary organizations. Moreover, the Locust Valley Rotary Club Foundation contributes to various community programs, contributing to initiatives such as renovations to local landmarks like the gazebo and clock tower. This philanthropic organization is committed to enhancing its community, providing educational opportunities, and supporting its Rotary peers.

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Impact




August, 2024

The Locust Valley Rotary Club Foundation Inc's impact can be seen through its support of educational initiatives, scholarships for deserving students, grants to the Rotary Foundation and other rotaries, as well as contributions to community programs such as renovations to the gazebo and clock tower. Through these efforts, the foundation plays a significant role in promoting education, philanthropy, and community development in Locust Valley and beyond.




This information is meant to be a general summary of Locust Valley Rotary Club 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
$18,585 (2022)
Expenses
$17,346 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $18,585

Assets and Liabilities:

  • Total Assets: $16,088
  • Total Liabilities: $25
  • Net Assets: $16,063

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Organization Details

Principal Officer

Larry Dyche

Main Address

PO BOX 293, LOCUST VALLEY, NY, 11560

NTEE Category

Code: T00J - Philanthropy

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