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Canyon Lake Rotary Foundation

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

EIN: 270858932 ✦ Canyon lake, TX ✦ Designated as a 501(c)(3)

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Overview

What is Canyon Lake Rotary Foundation?

The Canyon Lake Rotary Foundation is a nonprofit organization based in Comal County, Texas. Their primary goal is to provide financial aid for educational purposes to high school graduates and support various charitable causes that align with the values of the Rotary club. By offering scholarships and funding local charities, the foundation aims to contribute positively to their community in Comal County.


Official website here: www.canyonlakerotary.org

Is Canyon Lake Rotary Foundation legitimate?

Canyon Lake Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canyon Lake Rotary 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.


Official website here: www.canyonlakerotary.org

What is the mission statement of Canyon Lake Rotary Foundation?

The Canyon Lake Rotary Foundation's mission is centered around providing financial aid for educational pursuits to high school graduates, as well as supporting various charitable causes. Their mission aligns with the principles of a Rotary club and aims to extend aid within their community, specifically in Comal County, Texas. The foundation's primary objectives include offering scholarships and contributing to local charities, working to enhance the lives of individuals in need.


Official website here: www.canyonlakerotary.org

Who is the CEO of Canyon Lake Rotary Foundation?

Max El Tawil is the President of Canyon Lake Rotary Foundation.


Official website here: www.canyonlakerotary.org

What is the revenue of Canyon Lake Rotary Foundation?

Canyon Lake Rotary Foundation's revenue in 2023 was $88,786.


Official website here: www.canyonlakerotary.org

Who are the executives of Canyon Lake Rotary Foundation and what are their salaries?


Here are 5 key members and their salaries:


Max El Tawil (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Schein (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Magloff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Stahlman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Luthringer (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.canyonlakerotary.org

Where can I find the form 990EZ for Canyon Lake Rotary Foundation?

Canyon Lake Rotary Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.canyonlakerotary.org

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

Mission Statement of Canyon Lake Rotary Foundation

The Canyon Lake Rotary Foundation is dedicated to providing financial assistance for educational pursuits to high school graduates and supporting various charitable causes. Aligned with the principles of the Rotary club, this nonprofit organization aims to fulfill its mission within the community of Comal County, Texas. The primary focus of the Canyon Lake Rotary Foundation is to offer monetary scholarships to deserving students and contribute to other charitable endeavors that benefit the community at large. By providing scholarships and supporting local charities, the foundation seeks to promote growth and development in Comal County, Texas.

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Impact




October, 2024

Canyon Lake Rotary Foundation significantly impacts the community by providing monetary scholarships for educational purposes to high school graduates in Comal County, Texas. Through these scholarships, the foundation helps empower local youth to pursue higher education, ultimately contributing to their personal and professional development.

In addition to scholarships, the foundation supports various charitable initiatives that align with the values of the Rotary club. By addressing local needs and fostering community involvement, the Canyon Lake Rotary Foundation strengthens the social fabric of the area, ensuring that resources are available for those in need and that the community thrives collectively. Their commitment to philanthropy enhances educational opportunities and supports local charitable activities, making a meaningful difference in the lives of residents.




This information is meant to be a general summary of Canyon Lake Rotary 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
$88,786 (2023)
Expenses
$55,675 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $6,193
  • Gross Receipts: $119,856

Assets and Liabilities:

  • Total Assets: $388,145
  • Total Liabilities: $13,726
  • Net Assets: $374,419

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Organization Details

Principal Officer

Max El Tawil

Main Address

PO BOX 1523, CANYON LAKE, TX, 78133

NTEE Category

Code: T30 - Philanthropy

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