Overview
What is Marietta Rotary Foundation Fund Inc?
Marietta Rotary Foundation Fund Inc is a nonprofit organization, run entirely by volunteer members, with no compensation or benefits provided. Its primary function lies in grant distribution, extending its reach beyond the local community to both state and international levels. Members oversee all operations, and no grants are reserved or given directly to any member. The organization's charitable initiatives resulted in grant disbursements totaling $72,882.
Is Marietta Rotary Foundation Fund Inc legitimate?
Marietta Rotary Foundation Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marietta Rotary Foundation Fund Inc 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.
What is the mission statement of Marietta Rotary Foundation Fund Inc?
The Marietta Rotary Foundation Fund Inc, led by volunteer members, is committed to distributing grants in various communities, both locally and globally. Operating without compensation or benefits, the organization ensures that no member receives preferential treatment in grant allocation. The Foundation's primary activity involves providing financial assistance, as shown by their distribution of $72,882 in grants. The goal of the Marietta Rotary Foundation Fund Inc is to contribute to community development on a broader scale.
Who is the CEO of Marietta Rotary Foundation Fund Inc?
Walter P Walker is the Ceo of Marietta Rotary Foundation Fund Inc. The CEO's salary of Marietta Rotary Foundation Fund Inc is $0 and their total compensation is $0.
What is the revenue of Marietta Rotary Foundation Fund Inc?
Marietta Rotary Foundation Fund Inc's revenue in 2022 was $59,128.
Who are the executives of Marietta Rotary Foundation Fund Inc and what are their salaries?
Here are 2 key members and their salaries (Marietta Rotary Foundation Fund Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Marietta Rotary Foundation Fund Inc?
Marietta Rotary Foundation Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Marietta Rotary Foundation Fund Inc
The Marietta Rotary Foundation Fund, a community-focused organization, is dedicated to providing grants in various sectors, including the local community, state, and international arenas. This philanthropic entity is run solely by volunteer members who do not receive any compensation or benefits for their work. Notably, the Foundation does not extend any reserved grants to its members, nor do they make direct or indirect grants to any individual member. The primary activity of the Marietta Rotary Foundation Fund involves distributing grants amounting to $72,882 through its programs.
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Impact
October, 2024
The Marietta Rotary Foundation Fund Inc significantly impacts the community, state, and beyond through its grant-making initiatives. With a total of $72,882 in grants provided, the foundation addresses various needs and contributes to community improvement projects. All operations are managed by dedicated member volunteers, ensuring that funds are allocated efficiently and effectively without any compensation or benefits to those involved. A key aspect of their approach is maintaining fairness; no members are eligible for reserved grants, and there are no direct or indirect grants awarded to them. This commitment to transparency and integrity ensures that resources are directed where they are most needed, enhancing the overall well-being of the communities served.
This information is meant to be a general summary of Marietta Rotary Foundation Fund 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: $10,052
- Gross Receipts: $59,128
Assets and Liabilities:
- Total Assets: $425,264
- Total Liabilities: $0
- Net Assets: $425,264
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Organization Details
Principal Officer
Walter P Walker
Main Address
1060 FORESTSTONE WAY SW, MARIETTA, GA, 300643079
NTEE Category
Code: S80 - Community improvement
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