Overview
What is Rotary Club Of Chicago Ohare Foundation?
The Rotary Club of Chicago Ohare Foundation is a nonprofit organization established under the Illinois Not-For-Profit Corporation Act. Located in Schiller Park, Illinois, the foundation's primary objective is to support the education of students by providing scholarships for their first two years of college. The scholarships range from $302 to $3,500 each, demonstrating their commitment to making higher education more accessible. The foundation's mission is to benefit an indefinite number of individuals, either by inspiring their minds and hearts through education, alleviating their physical suffering, or aiding them in establishing themselves in life, all in compliance with existing laws.
Is Rotary Club Of Chicago Ohare Foundation legitimate?
Rotary Club Of Chicago Ohare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Chicago Ohare Foundation 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:
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What is the mission statement of Rotary Club Of Chicago Ohare Foundation?
The Rotary Club of Chicago Ohare Foundation, as per its incorporation under the Illinois Not-For-Profit Corporation Act, is committed to receiving, managing, and distributing charitable funds. Its primary aim is to benefit an indefinite number of individuals, either by inspiring their minds and hearts through education or by alleviating their physical suffering and constraints. Additionally, the foundation seeks to aid individuals in establishing themselves in life. It accomplishes these goals by adhering to existing laws and using its income and principal for these charitable purposes.
Who is the CEO of Rotary Club Of Chicago Ohare Foundation?
Robert Hann is the President of Rotary Club Of Chicago Ohare Foundation.
What is the revenue of Rotary Club Of Chicago Ohare Foundation?
Rotary Club Of Chicago Ohare Foundation's revenue in 2022 was $57,140.
Who are the executives of Rotary Club Of Chicago Ohare Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Rotary Club Of Chicago Ohare Foundation?
Rotary Club Of Chicago Ohare Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rotary Club Of Chicago Ohare Foundation
The Rotary Club of Chicago Ohare Foundation, established in accordance with the Illinois Not For Profit Corporation Act, is committed to utilizing charitable gifts for the betterment of an indefinite number of individuals. Their mission is multifaceted, aiming to either inspire the minds or hearts of people through education or alleviate their physical suffering and constraints. The foundation achieves this by investing in and managing real and personal property, and distributing the income and principal received from these gifts in a manner consistent with existing laws. This approach is designed to improve the lives of many, helping them overcome challenges and establish themselves in various aspects of life.
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Impact
August, 2024
The Rotary Club of Chicago Ohare Foundation has a significant impact on community improvement in Schiller Park, Illinois. Through its various activities and initiatives, the foundation works towards creating positive change and making a difference in the local community. Whether through fundraising events, volunteer efforts, or educational programs, the foundation's mission is to enhance the lives of those living in the area and contribute to the overall well-being of the community.
This information is meant to be a general summary of Rotary Club Of Chicago Ohare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,261
- Gross Receipts: $201,259
Assets and Liabilities:
- Total Assets: $165,224
- Total Liabilities: $0
- Net Assets: $165,224
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Organization Details
Founding Year
1984
Phone
(630) 529-6228Principal Officer
Robert Hann
Main Address
PO BOX 2117, SCHILLER PARK, IL, 60176
NTEE Category
Code: S80 - Community improvement
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