Overview
What is Rotary Club Of Beaufort Endowment Foundation?
The Rotary Club Of Beaufort Endowment Foundation is a charitable organization committed to supporting local education and community initiatives. Based on its mission statement, it provides financial aid to the Beaufort Rotary Club for various scholarship programs and makes donations to eligible charities within the guidelines of the Internal Revenue Code. In January 2022, the foundation contributed $5,230 to the Technical College of the Lowcountry, earmarking these funds for student scholarships managed by the Rotary Club of Beaufort.
Is Rotary Club Of Beaufort Endowment Foundation legitimate?
Rotary Club Of Beaufort Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Beaufort Endowment 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.
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What is the mission statement of Rotary Club Of Beaufort Endowment Foundation?
The Rotary Club Of Beaufort Endowment Foundation's mission is primarily focused on providing financial support. It aims to contribute funds to local scholarship programs and make charitable donations to community charities that fall under the definitions of Section 170(c) of the Internal Revenue Code of 1954. In January 2022, the foundation donated $5,230 to the Technical College of the Lowcountry, earmarking the funds for student scholarships. The Rotary Club of Beaufort Endowment Foundation's philanthropic activities are directed towards enhancing educational opportunities and supporting local charitable organizations.
What is the revenue of Rotary Club Of Beaufort Endowment Foundation?
Rotary Club Of Beaufort Endowment Foundation's revenue in 2024 was $14,682.
Who are the executives of Rotary Club Of Beaufort Endowment Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Rotary Club Of Beaufort Endowment Foundation?
Rotary Club Of Beaufort Endowment Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Rotary Club Of Beaufort Endowment Foundation
The Rotary Club of Beaufort Endowment Foundation is a charitable organization with a mission to support various local scholarship programs and make donations to community charities that fall under the criteria set forth in the Internal Revenue Code of 1954, Section 170(c). This foundation contributes funds to the Beaufort Rotary Club and extends charitable contributions to eligible local organizations. In January 2022, the Rotary Club of Beaufort Endowment Foundation donated $5,230 to the Technical College of the Lowcountry, with the funds earmarked for student scholarships. The Rotary Club of Beaufort Endowment Foundation plays a significant role in supporting education and community welfare, contributing to the betterment of its local area.
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Impact
August, 2024
The Rotary Club Of Beaufort Endowment Foundation has a significant impact on the local community by providing funds for various local scholarship programs and making charitable donations to local community charities. In January 2022, the foundation contributed $5,230 to the Technical College of the Lowcountry for student scholarships. This support helps improve access to education and opportunities for individuals in Beaufort, South Carolina. Through their philanthropic efforts, the foundation enhances the lives of community members and fosters positive growth and development in the region.
This information is meant to be a general summary of Rotary Club Of Beaufort Endowment 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 2024.
- Investment Income: $6,889
- Gross Receipts: $28,628
Assets and Liabilities:
- Total Assets: $122,967
- Total Liabilities: $0
- Net Assets: $122,967
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Organization Details
Principal Officer
Wayne Promislow
NTEE Category
Code: T12 - Philanthropy
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