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Franklin Rotary Club Foundation Inc

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

EIN: 611368798 ✦ Franklin, KY ✦ Designated as a 501(c)(3)

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Overview

What is Franklin Rotary Club Foundation Inc?

Franklin Rotary Club Foundation Inc is a nonprofit organization that generously contributes financially to support local charities and the local educational system. Their philanthropic efforts encompass providing scholarships to deserving individuals and offering aid to various charitable organizations within the community. Furthermore, they actively participate in supporting the local school system by making financial contributions.

Is Franklin Rotary Club Foundation Inc legitimate?

Franklin Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Rotary Club Foundation 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 Franklin Rotary Club Foundation Inc?

The Franklin Rotary Club Foundation Inc's mission involves providing financial support to local charitable organizations and the school system. This non-profit entity extends its financial contributions to various charitable organizations and educational institutions within its community. Furthermore, it offers scholarships to deserving individuals and extends aid to local charities in need. In essence, the foundation's primary goal is to contribute financially to enhance the well-being of its community.

Who is the CEO of Franklin Rotary Club Foundation Inc?

Alex Compton is the President of Franklin Rotary Club Foundation Inc.

What is the revenue of Franklin Rotary Club Foundation Inc?

Franklin Rotary Club Foundation Inc's revenue in 2023 was $49,539.

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


Here are 7 key members and their salaries:


Alex Compton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jernigan (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Layne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hal W Toomey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Deweese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Frantz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Hollingsworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Franklin Rotary Club Foundation Inc?

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

Mission Statement of Franklin Rotary Club Foundation Inc

The Franklin Rotary Club Foundation Inc is committed to providing financial aid to local charitable organizations and the school system. By doing so, it extends its support to various charitable organizations and the educational sector within its community. The foundation's mission extends beyond financial contributions, as it also offers scholarships to deserving individuals and provides assistance to local charities. Through these initiatives, the Franklin Rotary Club Foundation Inc aims to contribute positively to its community, enabling charitable organizations to thrive and young individuals to pursue their educational goals.

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Impact




August, 2024

The Franklin Rotary Club Foundation Inc's impact includes providing financial contributions to local charitable organizations, supporting the local school system, offering scholarships to deserving students, and aiding various charitable causes in the community. Their efforts contribute to the betterment of Franklin and help support those in need.




This information is meant to be a general summary of Franklin Rotary Club 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
$49,539 (2023)
Expenses
$54,682 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $58
  • Gross Receipts: $64,638

Assets and Liabilities:

  • Total Assets: $86,077
  • Total Liabilities: $635
  • Net Assets: $85,442

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Organization Details

Principal Officer

Alex Compton

Main Address

P O BOX 883, FRANKLIN, KY, 42135

NTEE Category

Code: T30 - Philanthropy

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