Overview
What is Stoughton Rotary Special Projects Foundation Inc?
Stoughton Rotary Special Projects Foundation Inc is a nonprofit organization situated in Stoughton, Wisconsin. Their primary focus is on awarding scholarships to students from the Stoughton School District, considering factors such as financial need, academic achievements, community service records, and demonstrations of good citizenship. To support their mission, the foundation raises funds through various activities. These funds are then utilized to make donations to local civic organizations and contribute to scholarships, thereby fostering civic leadership among the community's youth.
Is Stoughton Rotary Special Projects Foundation Inc legitimate?
Stoughton Rotary Special Projects Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stoughton Rotary Special Projects Foundation 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.
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What is the mission statement of Stoughton Rotary Special Projects Foundation Inc?
The Stoughton Rotary Special Projects Foundation Inc's mission is centered around fundraising with the primary goal of making donations to various civic organizations. This philanthropic activity is aimed at promoting community development. Additionally, the foundation provides scholarships to individuals, with a focus on those from the Stoughton School District. These scholarships are awarded based on financial need, academic achievement, a demonstrated record of community service, and exemplary citizenship. The objective of these scholarships is to foster civic leadership among the recipients.
Who is the CEO of Stoughton Rotary Special Projects Foundation Inc?
Lisa Fernan is the President of Stoughton Rotary Special Projects Foundation Inc.
What is the revenue of Stoughton Rotary Special Projects Foundation Inc?
Stoughton Rotary Special Projects Foundation Inc's revenue in 2023 was $154,564.
Who are the executives of Stoughton Rotary Special Projects Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Stoughton Rotary Special Projects Foundation Inc?
Stoughton Rotary Special Projects Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Stoughton Rotary Special Projects Foundation Inc
The Stoughton Rotary Special Projects Foundation Inc is dedicated to raising funds, with the primary goal of making donations to various civic organizations and providing scholarships. This mission is geared towards fostering civic leadership. Through these financial contributions and scholarships, the foundation aims to support individuals and organizations that contribute positively to their communities.
The scholarship program of Stoughton Rotary Special Projects Foundation Inc is particularly noteworthy. Scholarships are awarded to applicants from the Stoughton School District, based on a combination of factors. These include financial need, exceptional academic achievement, a solid record of community service, and a demonstration of strong citizenship. By offering these scholarships, the foundation encourages young individuals to engage in community leadership and service, instilling values of community responsibility and civic engagement.
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Impact
October, 2024
Stoughton Rotary Special Projects Foundation Inc significantly enhances the community's social fabric through its dedicated fundraising efforts. By channeling resources to civic organizations, it strengthens local initiatives that benefit Stoughton residents. The foundation also invests in the future of the community by awarding scholarships to students in the Stoughton School District, recognizing those who demonstrate financial need, academic excellence, and a commitment to community service. This focus on civic leadership not only supports individual educational pursuits but also cultivates engaged, responsible citizens poised to contribute positively to society. The foundation's work fosters a culture of giving and civic responsibility, leaving a lasting impact on both students and the broader community.
This information is meant to be a general summary of Stoughton Rotary Special Projects Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $95,390
- Gross Receipts: $154,564
Assets and Liabilities:
- Total Assets: $1,933,739
- Total Liabilities: $1
- Net Assets: $1,933,738
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Organization Details
Founding Year
1993
Phone
(608) 873-9875Principal Officer
Lisa Fernan
Main Address
PO BOX 151, STOUGHTON, WI, 53589
NTEE Category
Code: B82 - Education
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