Overview
What is Rotary Club Of St Croix Mid Isle Charitable Foundation Inc?
The Rotary Club of St Croix Mid Isle Charitable Foundation is a nonprofit organization committed to supporting local students and Rotary Clubs on St. Croix. They offer college scholarships, with one Ocwen scholarship worth $20,000 over four years and two Hodson scholarships valued at $4,000 each, payable similarly. The foundation also extends its philanthropic efforts by donating funds, as demonstrated by its $7,891 contribution towards a music room at a public school on the island. By providing these scholarships and donations, the Rotary Club of St Croix Mid Isle Charitable Foundation aims to contribute positively to the community and support its youth.
Is Rotary Club Of St Croix Mid Isle Charitable Foundation Inc legitimate?
Rotary Club Of St Croix Mid Isle Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of St Croix Mid Isle Charitable 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 Rotary Club Of St Croix Mid Isle Charitable Foundation Inc?
The Rotary Club of St. Croix Mid Isle Charitable Foundation's primary role is to provide financial aid to local students through college scholarships. The foundation offers two Hodson scholarships worth $4,000 each, payable over four years, and one Ocwen scholarship worth $20,000, also payable in installments over four years. Beyond scholarships, the foundation also extends financial support to other Rotary Clubs on the island. Additionally, the foundation has shown its commitment to community development by donating funds towards the equipping of a music room at a public school on the island, amounting to $7,891.
Who is the CEO of Rotary Club Of St Croix Mid Isle Charitable Foundation Inc?
Richard Grant is the President of Rotary Club Of St Croix Mid Isle Charitable Foundation Inc.
What is the revenue of Rotary Club Of St Croix Mid Isle Charitable Foundation Inc?
Rotary Club Of St Croix Mid Isle Charitable Foundation Inc's revenue in 2023 was $27,741.
Who are the executives of Rotary Club Of St Croix Mid Isle Charitable Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Rotary Club Of St Croix Mid Isle Charitable Foundation Inc?
Rotary Club Of St Croix Mid Isle Charitable Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Rotary Club Of St Croix Mid Isle Charitable Foundation Inc
The Rotary Club of St. Croix Mid Isle Charitable Foundation is committed to supporting local students by offering college scholarships. Specifically, the foundation provides one Ocwen scholarship worth $20,000, payable over four years, and two Hodson scholarships valued at $4,000 each, also paid out over a four-year period. In addition to scholarships, the foundation has contributed $7,891 towards the establishment of a music room in a public school on the island. The charity's efforts extend beyond scholarships and school improvements, as it also donates funds to other Rotary Clubs on St. Croix. In essence, the Rotary Club of St. Croix Mid Isle Charitable Foundation aims to contribute to the education and well-being of the community's youth, providing financial assistance and promoting the development of essential facilities.
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Impact
October, 2024
The Rotary Club of St Croix Mid Isle Charitable Foundation Inc plays a vital role in enhancing educational opportunities and community support in St. Croix. By offering substantial college scholarships to local students, including a significant Ocwen scholarship worth $20,000 over four years and two Hodson scholarships totaling $8,000 over the same period, the foundation directly contributes to the academic advancement of young individuals in the community.
Furthermore, the foundation's commitment to education extends beyond scholarships. It has also made impactful donations, such as $7,891 towards equipping a music room at a local public school, enriching the educational environment and providing students with essential resources for creativity and expression. Through these initiatives, the foundation not only invests in the future of students but also strengthens the community by supporting fellow Rotary Clubs and fostering collaboration for broader community development.
This information is meant to be a general summary of Rotary Club Of St Croix Mid Isle Charitable 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: $1,241
- Gross Receipts: $27,741
Assets and Liabilities:
- Total Assets: $152,149
- Total Liabilities: $74,844
- Net Assets: $77,305
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Organization Details
Phone
(340) 277-4072Principal Officer
Richard Grant
Main Address
PO Box 224515, Christiansted, VI, 00822
NTEE Category
Code: P20 - Human services
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