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Rotary Club Foundation

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

EIN: 300085547 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Foundation?

The Rotary Club Foundation is a nonprofit organization situated in North Colorado Springs. Its primary mission is to collect funds to support various programs initiated by the North Colorado Springs Rotary Club. Their goal is to extend aid and charitable contributions beyond the club to positively impact the broader community. The Foundation plays a crucial role in providing external assistance to advance community welfare.

Is Rotary Club Foundation legitimate?

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

The Rotary Club Foundation's mission, as stated, is to collect funds to bolster programs for the North Colorado Springs Rotary Club. This mission extends beyond the club itself, aiming to offer charitable aid to the broader community. The foundation's primary objective is to provide external support, contributing to the betterment of the community through acts of benevolence.

Who is the CEO of Rotary Club Foundation?

John Clarson is the Treasurer of Rotary Club Foundation.

What is the revenue of Rotary Club Foundation?

Rotary Club Foundation's revenue in 2020 was $49,871.

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


Here are 3 key members and their salaries:


William Savage (Presidnt)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Clarson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Raney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Rotary Club Foundation?

Rotary Club Foundation's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Rotary Club Foundation

The Rotary Club Foundation's mission, in essence, is to generate funds for programs that align with the needs of the North Colorado Springs Rotary, drawing inspiration from external models in the community. Its primary goal is to extend aid beyond its own organization, serving as a benefactor for charitable initiatives in the community at large. This support is aimed at fostering a sense of communal betterment and philanthropy.

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Impact




August, 2024

The Rotary Club Foundation's impact can be seen in their efforts to raise money in support of programs for the north Colorado Springs Rotary, as well as providing outside support to the community for charitable giving. Their mission to support educational programs and charitable causes makes a significant difference in the community.




This information is meant to be a general summary of 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
$49,871 (2020)
Expenses
$40,365 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $49,871

Assets and Liabilities:

  • Total Assets: $1
  • Total Liabilities: $0
  • Net Assets: $1

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Organization Details

Principal Officer

John Clarson

Main Address

PO BOX 7056, Colorado Springs, CO, 80933

NTEE Category

Code: B82 - Education

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