Overview
What is Lexington Park Rotary Foundation Inc?
Lexington Park Rotary Foundation Inc, situated in Lexington Park, Maryland, serves as an extension of the Rotary Club's ideals. Their primary goal is to contribute to local charitable organizations and support the educational growth of undergraduate students through scholarships. The foundation fulfills its mission by distributing grant funds to deserving charities and providing financial aid to college-bound students. This nonprofit organization, with a specific focus on education and community development, aims to make a positive impact in the lives of individuals within its geographical area.
Is Lexington Park Rotary Foundation Inc legitimate?
Lexington Park Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Park Rotary 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
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What is the mission statement of Lexington Park Rotary Foundation Inc?
The Lexington Park Rotary Foundation Inc's mission is centered around upholding the ideals of Rotary Club. It achieves this by granting funds to local charitable organizations and offering educational scholarships to undergraduate students pursuing their college studies. This foundation's primary goal is to support the community and further the educational aspirations of young individuals. By providing these scholarships, the foundation empowers students to pursue their academic goals and contribute positively to society in the future. In addition to granting funds, the foundation also contributes to the community by supporting various local charitable organizations.
Who is the CEO of Lexington Park Rotary Foundation Inc?
Michael Guy is the President of Lexington Park Rotary Foundation Inc.
What is the revenue of Lexington Park Rotary Foundation Inc?
Lexington Park Rotary Foundation Inc's revenue in 2022 was $122,898.
Who are the executives of Lexington Park Rotary Foundation Inc and what are their salaries?
There 35 volunteers at Lexington Park Rotary Foundation Inc.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Lexington Park Rotary Foundation Inc?
Lexington Park Rotary Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lexington Park Rotary Foundation Inc
Lexington Park Rotary Foundation Inc is an organization committed to upholding the ideals of the Rotary Club. Its mission is twofold: it provides grant funds to local charitable organizations and offers educational scholarships to undergraduate students pursuing their college degrees. By doing so, the foundation aims to contribute positively to its community and support the academic aspirations of young individuals.
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Impact
October, 2024
Lexington Park Rotary Foundation Inc significantly impacts the community by providing grant funds to local charitable organizations and educational scholarships to college students. This support helps enhance community initiatives and fosters educational advancement. Notably, the foundation has awarded 20 educational scholarships, empowering undergraduate students to pursue their academic goals. Through these efforts, the foundation promotes community improvement and strengthens local support systems, embodying the ideals of the Rotary Club and contributing to the overall betterment of Lexington Park, MD.
This information is meant to be a general summary of Lexington Park Rotary 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 2022.
- Investment Income: $3,103
- Gross Receipts: $273,753
Assets and Liabilities:
- Total Assets: $328,302
- Total Liabilities: $6,000
- Net Assets: $322,302
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Organization Details
Founding Year
1981
Phone
(240) 298-0322Principal Officer
Michael Guy
Main Address
PO BOX 202, LEXINGTON PARK, MD, 20653
NTEE Category
Code: S80 - Community improvement
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