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Preston Center Rotary Club Foundation

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

EIN: 201756792 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Preston Center Rotary Club Foundation?

The Preston Center Rotary Club Foundation is a charitable organization situated in Dallas, Texas. Its primary role is to accumulate and disburse funds to local 501C3 charities within the Dallas community. Serving as the primary hub for the club's fundraising activities, the foundation played a significant part in distributing funds during the tax filing year 2022. Notable recipients of these funds included Youth Equipped to Succeed, receiving a major grant of $37,259, as well as Angel Flight and Roll Call, each receiving $2,500. Additionally, the foundation contributed to Voice of. The foundation's mission is centered around supporting local Dallas charities by providing them with essential financial resources.

Is Preston Center Rotary Club Foundation legitimate?

Preston Center Rotary Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preston Center Rotary Club Foundation 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 Preston Center Rotary Club Foundation?

The Preston Center Rotary Club Foundation's mission is centered around raising and managing funds for local charities. In the spirit of giving back to the community, the foundation serves as the primary hub for the Rotary Club's fundraising efforts. During the tax year 2022, it distributed a significant grant to Youth Equipped to Succeed, along with smaller contributions to Angel Flight and Roll Call. Furthermore, the foundation also lends support to Voice of, demonstrating its commitment to various charitable causes. By providing financial assistance to these organizations, the foundation plays a vital role in uplifting the community.

Who is the CEO of Preston Center Rotary Club Foundation?

John Andrews is the President of Preston Center Rotary Club Foundation.

What is the revenue of Preston Center Rotary Club Foundation?

Preston Center Rotary Club Foundation's revenue in 2023 was $93,325.

Who are the executives of Preston Center Rotary Club Foundation and what are their salaries?


Here are 4 key members and their salaries:


John Andrews (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bex Billings (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Foltz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Preston Center Rotary Club Foundation?

Preston Center Rotary Club Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Preston Center Rotary Club Foundation

The Preston Center Rotary Club Foundation, as the primary fundraising entity for the Preston Center Rotary Club, is dedicated to collecting and dispersing funds to eligible 501C3 charities within the Dallas community. In the fiscal year 2022, the foundation disbursed a significant grant of $37,259 to Youth Equipped to Succeed, in addition to distributing $2,500 each to Angel Flight and Roll Call, and contributing to Voice of. This foundation serves as a vital financial resource, channeling the club's collective efforts to support various charitable initiatives in Dallas, striving to make a positive impact in the local community.

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Impact




October, 2024

The Preston Center Rotary Club Foundation significantly impacts the Dallas community by fundraising and distributing financial support to local 501(c)(3) charities. In 2022, it provided a major grant of $37,259 to Youth Equipped to Succeed, supporting their vital programs for youth development. Additionally, the foundation allocated $2,500 each to Angel Flight and Roll Call, which serve specific needs within the community, and contributed to Voice of. Through these efforts, the foundation acts as a key resource for charitable initiatives, enhancing human services and fostering positive change in Dallas.




This information is meant to be a general summary of Preston Center Rotary Club Foundation. 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
$93,325 (2023)
Expenses
$63,552 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Gross Receipts: $93,325

Assets and Liabilities:

  • Total Assets: $323,866
  • Total Liabilities: $0
  • Net Assets: $323,866

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Organization Details

Principal Officer

John Andrews

Main Address

P O Box 670643, Dallas, TX, 75367

NTEE Category

Code: P20 - Human services

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