Overview
What is Lake Placid Noon Rotary Club Foundation Inc?
Lake Placid Noon Rotary Club Foundation Inc is a charitable organization, specifically a 501C3, situated in an unspecified location. Its primary objective is to support the mission of its parent organization, Lake Placid Noon Rotary Club, Inc., by offering scholarships and making donations to other eligible nonprofits. In the fiscal year concluded on June 30, 2022, the foundation generously awarded scholarships to 15 deserving high school graduates. The foundation's focus on education and community support aligns with the Rotary Club's broader goals, strengthening the community by nurturing future leaders.
Is Lake Placid Noon Rotary Club Foundation Inc legitimate?
Lake Placid Noon Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Placid Noon 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 Lake Placid Noon Rotary Club Foundation Inc?
The Lake Placid Noon Rotary Club Foundation's mission revolves around providing financial aid and donations to non-profit organizations that align with the objectives of its supporting organization, the Lake Placid Noon Rotary Club, Inc. Each year, it awards scholarships to high school graduates. In the fiscal year concluding on June 30, 2022, the foundation distributed 15 scholarships. The foundation's purpose is to contribute to organizations that share the same vision as its parent organization, thereby furthering their collective goals.
Who is the CEO of Lake Placid Noon Rotary Club Foundation Inc?
Todd Moore is the President of Lake Placid Noon Rotary Club Foundation Inc.
What is the revenue of Lake Placid Noon Rotary Club Foundation Inc?
Lake Placid Noon Rotary Club Foundation Inc's revenue in 2023 was $13,526.
Who are the executives of Lake Placid Noon Rotary Club Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Lake Placid Noon Rotary Club Foundation Inc?
Lake Placid Noon Rotary Club Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Lake Placid Noon Rotary Club Foundation Inc
The Lake Placid Noon Rotary Club Foundation is committed to supporting organizations that align with the mission of its parent organization, the Lake Placid Noon Rotary Club, Inc. Through annual scholarship awards, this foundation invests in the education of high school graduates. In the 2021-2022 fiscal year, the foundation distributed 15 scholarships to deserving students. The Lake Placid Noon Rotary Club Foundation's role is to reinforce and promote the values and objectives of its sponsoring club by offering financial aid and partnerships to eligible 501C3 organizations. The foundation's primary focus is on furthering the mission of the Lake Placid Noon Rotary Club, Inc. by nurturing future leaders and contributing to the betterment of their communities.
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Impact
October, 2024
The Lake Placid Noon Rotary Club Foundation Inc significantly impacts the local community by providing scholarships and financial support to various organizations. Each year, the foundation awards scholarships to deserving graduating high school seniors, fostering educational advancement and personal development. In the fiscal year ending June 30, 2022, it granted 15 scholarships, directly benefitting students in the Lake Placid area. Additionally, by making donations to 501C3 organizations, the foundation enhances programs that align with its mission, further contributing to the community's growth and enrichment. Through these efforts, the foundation plays a vital role in promoting philanthropy and supporting the aspirations of young individuals in the community.
This information is meant to be a general summary of Lake Placid Noon 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $14,151
- Gross Receipts: $130,728
Assets and Liabilities:
- Total Assets: $205,499
- Total Liabilities: $68,184
- Net Assets: $137,315
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Organization Details
Phone
(863) 464-0357Principal Officer
Todd Moore
Main Address
PO Box 852, Lake Placid, FL, 33862
NTEE Category
Code: T30 - Philanthropy
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