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Rotary Club Of Lowell Community Foundation

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

EIN: 383563288 ✦ Lowell, MI ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of Lowell Community Foundation?

The Rotary Club of Lowell Community Foundation is a nonprofit organization located in Lowell, Michigan. With a strong focus on education, they offer scholarships to local students, directly funding their college expenses to the tune of 22,600 dollars. Beyond this, their mission extends to community relations within Lowell and its surrounding areas. They also engage in a significant initiative to provide clean water access globally. Their activities encompass both the provision of educational benefits to local students and contributions to other community charities.

Is Rotary Club Of Lowell Community Foundation legitimate?

Rotary Club Of Lowell Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Lowell Community 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Rotary Club Of Lowell Community Foundation?

The Rotary Club of Lowell Community Foundation's mission is centered around two key objectives. Firstly, it aims to provide educational scholarships to students residing in or hailing from the Lowell, Michigan area. Secondly, the foundation also dedicates its resources to funding various community charities. This philanthropic organization's efforts are primarily focused on enhancing education and supporting local community initiatives. It directly contributes to the educational expenses of approximately 22,600 students by paying their college fees.

Who is the CEO of Rotary Club Of Lowell Community Foundation?

Dave Pasquale is the President of Rotary Club Of Lowell Community Foundation.

What is the revenue of Rotary Club Of Lowell Community Foundation?

Rotary Club Of Lowell Community Foundation's revenue in 2022 was $273,025.

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


Here are 3 key members and their salaries:


Mark Mundt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Pasquale (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Wilks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rotary Club Of Lowell Community Foundation?

Rotary Club Of Lowell Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rotary Club Of Lowell Community Foundation

The Rotary Club of Lowell Community Foundation, an organization dedicated to making a difference, has a twofold mission. Primarily, it aims to provide educational benefits to students hailing from or residing in the Lowell, Michigan area, by offering scholarships directly to their respective colleges. This initiative is instrumental in supporting local talent and fostering educational growth.

Secondly, the foundation extends its commitment to the community by providing funding to other charitable organizations. This support helps in strengthening the community fabric and addressing various societal needs. By engaging in both educational scholarships and community charity, the Rotary Club of Lowell Community Foundation strives to create a positive impact in its surrounding communities, beyond just Lowell. Furthermore, the foundation's contributions to improving educational opportunities and community well-being reflect its dedication to uplifting lives and fostering sustainable development.

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Impact




October, 2024

The Rotary Club of Lowell Community Foundation significantly impacts both local and global communities through its dedicated initiatives. By providing educational scholarships totaling $22,600 paid directly to colleges, they empower students from the Lowell, Michigan area to pursue higher education, fostering a brighter future for individuals and the community as a whole.

In addition to supporting local students, the foundation also prioritizes global initiatives, particularly in ensuring access to clean water around the world. This dual focus on education and essential resources not only enhances community relations within Lowell but also extends a helping hand to those in need globally, embodying a spirit of philanthropy that resonates deeply within the community. Through its efforts, the foundation strengthens the fabric of Lowell and contributes to the well-being of people across the globe.




This information is meant to be a general summary of Rotary Club Of Lowell Community 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
$273,025 (2022)
Expenses
$106,465 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,973
  • Gross Receipts: $323,816

Assets and Liabilities:

  • Total Assets: $714,225
  • Total Liabilities: $0
  • Net Assets: $714,225

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Organization Details

Founding Year

2000

Principal Officer

Dave Pasquale

Main Address

POB 223, LOWELL, MI, 49331

NTEE Category

Code: T31 - Philanthropy

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