Lexington Rotary Club Endowment Inc

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

EIN: 310942139 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Lexington Rotary Club Endowment Inc?

Lexington Rotary Club Endowment Inc, based in Lexington, Kentucky, is a nonprofit organization situated at 401 WEST MAIN STREET 305, with a focus on raising and investing funds to support the mission of the Lexington Rotary Club. This mission includes providing scholarships for college students, including those about to graduate from high school. By doing so, the endowment contributes to the education and future prospects of these students. The organization's activities are centered around supporting the overarching goals of the Lexington Rotary Club in Kentucky.


Official website here: www.rotarylexky.org

What do the Facebook reviews say about Lexington Rotary Club Endowment Inc?

84% of the 10 reviews on Facebook recommend the Lexington Rotary Club Endowment Inc. Here is a summary of their feedback:

The sentiment surrounding the nonprofit is largely positive, with users expressing pride in being part of the organization. One reviewer described members as "fine looking super citizens," highlighting a sense of camaraderie and community within the group.

Overall, it appears that the Lexington Rotary Club Endowment Inc successfully fosters a proud and engaged community, displaying a commitment to service and connection among its members.


This AI summary has been generated from reviews found on Facebook.

Is Lexington Rotary Club Endowment Inc legitimate?

Lexington Rotary Club Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Rotary Club Endowment 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

For more financial information, click here


Official website here: www.rotarylexky.org

What is the mission statement of Lexington Rotary Club Endowment Inc?

The Lexington Rotary Club Endowment Inc's mission is centered around raising and investing funds to uphold the mission of the Lexington Rotary Club. This endowment aims to support the goals and initiatives of the Rotary Club, without specifying the exact objectives of the Rotary Club itself. One of their primary activities is providing scholarships for college students, including those on the brink of graduating from high school. By doing so, they contribute to the higher education of future leaders and potentially foster positive change in their communities.


Official website here: www.rotarylexky.org

Who is the CEO of Lexington Rotary Club Endowment Inc?

Margaret Trafton is the Vice President of Lexington Rotary Club Endowment Inc.


Official website here: www.rotarylexky.org

What is the revenue of Lexington Rotary Club Endowment Inc?

Lexington Rotary Club Endowment Inc's revenue in 2023 was $129,645.


Official website here: www.rotarylexky.org

Who are the executives of Lexington Rotary Club Endowment Inc and what are their salaries?

There 100 volunteers at Lexington Rotary Club Endowment Inc.


Here are 15 key members and their salaries:


Paul Chewning (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Darnell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Mccormick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thom Hathaway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Hisle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buzz Carmichael (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Graves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Van Der Meer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Wilson (Club President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Smart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merl Hackbart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rotarylexky.org

Where can I find the form 990 for Lexington Rotary Club Endowment Inc?

Lexington Rotary Club Endowment Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rotarylexky.org

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

Mission Statement of Lexington Rotary Club Endowment Inc

Lexington Rotary Club Endowment Inc is committed to raising and investing funds to support the mission of the Lexington Kentucky Rotary Club. This nonprofit organization's primary mission is to provide scholarships for college students, including those who are about to graduate from high school. By investing in education, Lexington Rotary Club Endowment Inc aims to contribute to the personal and professional development of young individuals, empowering them to make a positive impact in their communities and beyond. The organization's financial support enables deserving students to pursue their academic dreams, fostering a future generation of leaders and innovators.

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Impact




October, 2024

The Lexington Rotary Club Endowment Inc plays a crucial role in enhancing the community by raising and investing funds to support the mission of the Lexington Rotary Club. One of the significant impacts is the provision of scholarships for college students, including those on the verge of graduating high school. These scholarships not only alleviate financial burdens but also empower young individuals to pursue higher education, ultimately contributing to a more educated and skilled workforce in Lexington, KY. This investment in the future of students fosters community improvement, enabling them to achieve their academic and professional goals while enriching the local economy and society as a whole.




This information is meant to be a general summary of Lexington Rotary Club Endowment 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
$129,645 (2023)
Expenses
$177,975 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$800
  • Gross Receipts: $926,298

Assets and Liabilities:

  • Total Assets: $1,117,466
  • Total Liabilities: $29,234
  • Net Assets: $1,088,232

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Organization Details

Founding Year

1996

Principal Officer

Margaret Trafton

Main Address

401 WEST MAIN STREET 305, LEXINGTON, KY, 40507

NTEE Category

Code: S11 - Community improvement

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