Overview
What is Westport Rotary Club Foundation Inc?
Westport Rotary Club Foundation Inc is a charitable organization, situated beyond the details provided. Their primary mission revolves around generating funds through various events and donating these proceeds to 501(c)(3) nonprofit organizations. This philanthropic endeavor aims to support a wide range of causes and initiatives, ultimately benefiting various communities and sectors.
Is Westport Rotary Club Foundation Inc legitimate?
Westport Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westport Rotary Club Foundation Inc submitted a form 990, 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Westport Rotary Club Foundation Inc?
The Westport Rotary Club Foundation Inc. is committed to supporting various causes by donating the proceeds from its fundraisers to eligible 501(c)(3) organizations. This philanthropic organization contributes to a variety of charitable initiatives by channeling the funds raised during their events to qualified non-profit organizations. By doing so, they help these organizations to further their missions and make a positive impact in their respective communities. The Westport Rotary Club Foundation Inc. plays a crucial role in promoting social welfare by providing financial assistance to deserving charities.
What is the revenue of Westport Rotary Club Foundation Inc?
Westport Rotary Club Foundation Inc's revenue in 2024 was $388,266.
Who are the executives of Westport Rotary Club Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Westport Rotary Club Foundation Inc?
Westport Rotary Club Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Westport Rotary Club Foundation Inc
Westport Rotary Club Foundation Inc, as its mission statement suggests, is an organization that dedicates its resources to supporting other nonprofit entities. Specifically, it raises funds through various events and donates the proceeds to 501(c)(3) organizations. By doing so, the foundation contributes to the wider charitable sector and aids these organizations in fulfilling their respective missions. The club's fundraising activities and subsequent donations serve as a means to bolster the efforts of these 501(c)(3) entities, thereby indirectly benefiting the communities they serve. In essence, the Westport Rotary Club Foundation Inc serves as a philanthropic partner, leveraging its fundraising abilities to support other nonprofit organizations.
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Impact
October, 2024
Westport Rotary Club Foundation Inc significantly impacts the community by channeling the proceeds from its fundraisers to 501(c)(3) organizations, thereby supporting a wide array of charitable initiatives. This commitment to philanthropy not only enhances community welfare but also fosters partnerships with various organizations dedicated to making a difference. Through its fundraising efforts, the foundation plays a crucial role in community improvement, helping to address local needs and improve the quality of life for residents in Westport, CT.
This information is meant to be a general summary of Westport 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $11,659
- Gross Receipts: $388,266
Assets and Liabilities:
- Total Assets: $199,864
- Total Liabilities: $0
- Net Assets: $199,864
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Organization Details
Principal Officer
Karl Mergenthaler
NTEE Category
Code: S80 - Community improvement
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