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Riverside Rotary Foundation Inc

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

EIN: 593563414 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Riverside Rotary Foundation Inc?

Riverside Rotary Foundation Inc, based in Jacksonville, Florida, is a charitable organization dedicated to providing financial assistance in the form of college scholarships. These scholarships are awarded to high school students from economically disadvantaged backgrounds within the area. The Foundation's mission underscores its commitment to uplifting talented individuals who may face financial constraints in pursuing higher education. Through these scholarships, the Foundation is contributing to the community's future leaders and fostering social mobility.

Is Riverside Rotary Foundation Inc legitimate?

Riverside Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Riverside Rotary Foundation Inc?

The Riverside Rotary Foundation Inc's mission is centered around providing financial aid in the form of college scholarships. These scholarships are specifically awarded to high school students from economically disadvantaged backgrounds within the organization's vicinity. The foundation's objective is to contribute significantly to the academic pursuits of these deserving students, thereby empowering them to overcome financial barriers and pursue their higher education goals. The foundation's activities primarily revolve around identifying and supporting these economically disadvantaged students, providing them with the necessary financial assistance to further their education.

Who is the CEO of Riverside Rotary Foundation Inc?

R Bruce Shealy is the Director of Riverside Rotary Foundation Inc.

What is the revenue of Riverside Rotary Foundation Inc?

Riverside Rotary Foundation Inc's revenue in 2023 was $86,288.

Who are the executives of Riverside Rotary Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Lee B Norville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Bruce Shealy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry L Turknett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Riverside Rotary Foundation Inc?

Riverside Rotary Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Riverside Rotary Foundation Inc

The Riverside Rotary Foundation Inc is committed to funding college scholarships for high school students who hail from economically disadvantaged families. This mission-driven organization aims to provide educational opportunities that may otherwise be out of reach for these students, thereby empowering them to pursue their academic dreams and ultimately, improve their socio-economic status. By funding these scholarships, the Riverside Rotary Foundation Inc is making a substantial investment in the future of these young individuals, giving them a chance to break the cycle of poverty and contribute positively to their communities and society at large.

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Impact




October, 2024

Riverside Rotary Foundation Inc has a significant impact on the community by funding college scholarships for high school students from economically disadvantaged families in Jacksonville, FL. By providing financial assistance, the foundation opens doors to higher education for these students, empowering them to pursue their academic and career goals. This support not only aids in individual development but also contributes to the overall upliftment of the community by fostering educated and skilled professionals who can give back to society. The mission of empowering youth through education helps create a more equitable environment, promoting greater access to opportunities that can break the cycle of poverty. Through its focus on human services, the foundation plays a crucial role in transforming lives and building a brighter future for the next generation.




This information is meant to be a general summary of Riverside 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.

Revenue
$86,288 (2023)
Expenses
$17,932 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $35
  • Gross Receipts: $133,874

Assets and Liabilities:

  • Total Assets: $108,920
  • Total Liabilities: $0
  • Net Assets: $108,920

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Organization Details

Founding Year

1999

Principal Officer

R Bruce Shealy

Main Address

4530-15 ST JOHNS AVE PO BOX 330, JACKSONVILLE, FL, 32210

NTEE Category

Code: P122 - Human services

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