Overview
What is Mcallen Rotary Fund?
The Mcallen Rotary Fund is a nonprofit organization that serves as an endowment fund, primarily dedicated to offering scholarships to graduating high school seniors. Beyond scholarships, this organization also acts as a channel for transferring funds to support community projects in a nearby city. By serving as a conduit for donor funds, the Mcallen Rotary Fund contributes to community service initiatives in its vicinity, thereby enhancing the local community.
Is Mcallen Rotary Fund legitimate?
Mcallen Rotary Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcallen Rotary Fund 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 Mcallen Rotary Fund?
The Mcallen Rotary Fund, as its mission, aims to establish an endowment fund for providing scholarships to graduating high school seniors. Additionally, the fund serves as a conduit for transferring donor funds to facilitate community projects in a neighboring city. The primary objective is to support local education and contribute to community service initiatives, demonstrating a commitment to the betterment of the community.
Who is the CEO of Mcallen Rotary Fund?
Pat Mccarty is the Trustee of Mcallen Rotary Fund.
What is the revenue of Mcallen Rotary Fund?
Mcallen Rotary Fund's revenue in 2023 was $61,997.
Who are the executives of Mcallen Rotary Fund and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Mcallen Rotary Fund?
Mcallen Rotary Fund's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Mcallen Rotary Fund
The McAllen Rotary Fund is an endowment fund with a mission to provide scholarships for graduating high school seniors and facilitate the transfer of funds for community projects in a neighboring city. Acting as a conduit for donor funds, this organization actively participates in community service initiatives by providing financial support. The McAllen Rotary Fund has demonstrated its commitment to this mission by distributing funds for community projects in a nearby city.
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Impact
August, 2024
The McAllen Rotary Fund has made a significant impact by providing scholarships to graduating high school seniors, facilitating the transfer of funds for community projects in a neighboring city, and serving as a conduit for donor funds for community service. This has helped support education and community development initiatives in the region, ultimately contributing to the empowerment and growth of young individuals and the overall well-being of the community.
This information is meant to be a general summary of Mcallen Rotary Fund. 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: $27
- Gross Receipts: $61,997
Assets and Liabilities:
- Total Assets: $335,054
- Total Liabilities: $13,500
- Net Assets: $321,554
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Organization Details
Phone
(956) 630-3053Principal Officer
Pat Mccarty
Main Address
501 W Nolana Ave, McAllen, TX, 78504
NTEE Category
Code: B82 - Education
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