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Bow Rotary Club Foundation

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

EIN: 562343983 ✦ Bow, NH ✦ Designated as a 501(c)(3)

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Overview

What is Bow Rotary Club Foundation?

The Bow Rotary Club Foundation is a philanthropic organization situated in Bow, New Hampshire. Its primary function involves dispensing cash grants, amounting to $7,568 and $18,000 respectively, to diverse grantees within the area. These funds are allocated primarily for other grant initiatives and academic scholarships. The foundation maintains close relationships with these grantees and often awards grants below $5,000 each to support their causes.


Official website here: www.bowrotary.org

Is Bow Rotary Club Foundation legitimate?

Bow Rotary Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bow Rotary Club Foundation submitted a form 990EZ, 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.


Official website here: www.bowrotary.org

What is the mission statement of Bow Rotary Club Foundation?

The Bow Rotary Club Foundation, in its mission, provides financial aid through cash grants. Specifically, it dispenses grants amounting to $7,568 and $18,000 to various recipients, primarily for other grants and academic scholarships. The foundation maintains a close relationship with these grantees and often awards grants under the threshold of $5,000 each. In essence, the Bow Rotary Club Foundation serves as a benefactor, offering financial support to various entities in need.


Official website here: www.bowrotary.org

Who is the CEO of Bow Rotary Club Foundation?

Michelle Fortin is the President of Bow Rotary Club Foundation.


Official website here: www.bowrotary.org

What is the revenue of Bow Rotary Club Foundation?

Bow Rotary Club Foundation's revenue in 2023 was $42,036.


Official website here: www.bowrotary.org

Who are the executives of Bow Rotary Club Foundation and what are their salaries?


Here are 9 key members and their salaries:


Michelle Fortin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Dodge (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Carrier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul J Mercier Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Ames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Oivier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Swett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Kiniry (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryant Stevener (Director/Sargent At Arms)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bowrotary.org

Where can I find the form 990EZ for Bow Rotary Club Foundation?

Bow Rotary Club Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.bowrotary.org

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

Mission Statement of Bow Rotary Club Foundation

The Bow Rotary Club Foundation is an organization that dedicates its resources to providing financial aid to various grantees. Its mission is twofold, encompassing the allocation of $7,568 in grants for various initiatives and academic scholarships, and the disbursement of a larger sum of $18,000 for similar purposes. The foundation maintains a close relationship with these grantees, fostering a sense of cooperation and mutual support. Notably, the grants awarded by the Bow Rotary Club Foundation typically fall below the $5,000 mark, indicating a focus on supporting smaller-scale projects and initiatives.

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Impact




August, 2024

The impact of the Bow Rotary Club Foundation can be seen through its significant contributions to the community of Bow, NH. By providing cash grants to various grantees in the area, the foundation supports local initiatives and academic scholarships. Through these grants, the foundation helps organizations and individuals in Bow to achieve their goals and make a positive difference in the community.




This information is meant to be a general summary of Bow Rotary Club 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
$42,036 (2023)
Expenses
$51,455 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $9
  • Gross Receipts: $60,191

Assets and Liabilities:

  • Total Assets: $46,049
  • Total Liabilities: $21,600
  • Net Assets: $24,449

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Organization Details

Principal Officer

Michelle Fortin

Main Address

PO Box 1935, Bow, NH, 033041935

NTEE Category

Code: T30 - Philanthropy

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