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Rotary District 5080 Charitable Fund

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

EIN: 813110856 ✦ Deer park, WA ✦ Designated as a 501(c)(3)

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Overview

What is Rotary District 5080 Charitable Fund?

Rotary District 5080 Charitable Fund is a nonprofit organization located at 3833 E Eloika Rd, Deer Park, WA 99006. Its primary purpose is to serve as a platform for local Rotary clubs within District 5080 to execute fundraising initiatives aimed at supporting various charitable endeavors determined by the clubs themselves. The Rotary clubs contribute volunteer efforts to generate funds, while the organization ensures that all expenditures are allocated for charitable purposes or fundraising-related costs. The Rotary District 5080 Charitable Fund supports the charitable activities of the district and its participating clubs at a local and global scale, funding community projects, scholarships, and other charitable projects.

Is Rotary District 5080 Charitable Fund legitimate?

Rotary District 5080 Charitable Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary District 5080 Charitable Fund 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 Rotary District 5080 Charitable Fund?

The Rotary District 5080 Charitable Fund's mission is to facilitate and oversee charitable fundraising initiatives within the local Rotary Clubs, which are part of Rotary District 5080. The primary aim is to support various charitable activities, community projects, scholarships, and other philanthropic endeavors, as determined by the Rotary Clubs. The Rotary Clubs contribute volunteer efforts to raise funds, while the Charitable Fund ensures that all expenditures are allocated to qualified charitable purposes or fundraising expenses.

Who is the CEO of Rotary District 5080 Charitable Fund?

Gary J Bowe is the Director of Rotary District 5080 Charitable Fund.

What is the revenue of Rotary District 5080 Charitable Fund?

Rotary District 5080 Charitable Fund's revenue in 2022 was $245,587.

Who are the executives of Rotary District 5080 Charitable Fund and what are their salaries?

There 100 volunteers at Rotary District 5080 Charitable Fund.


Here are 5 key members and their salaries:


Kyle Nolte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary J Bowe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bev Reed (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Quay (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Larsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rotary District 5080 Charitable Fund?

Rotary District 5080 Charitable Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rotary District 5080 Charitable Fund

Rotary District 5080 Charitable Fund is committed to supporting the charitable activities of its local Rotary Clubs on a global scale. The organization serves as a structural platform for these clubs to engage in qualifying fundraising initiatives, with the ultimate goal of contributing to various charitable projects. By leveraging the volunteer efforts of its Rotary Clubs, Rotary District 5080 Charitable Fund raises funds that are allocated towards community projects, scholarships, and other worthy causes. The organization ensures that all expenditures adhere to charitable purposes or fundraising costs, thereby maintaining transparency and accountability in its operations. In essence, Rotary District 5080 Charitable Fund functions as an overseer, guiding the charitable endeavors of its participating Rotary Clubs to make a positive impact in their respective communities.

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Impact




October, 2024

Rotary District 5080 Charitable Fund significantly enhances community well-being through its strategic support of local Rotary Clubs in their charitable endeavors. By providing a structured framework for fundraising, it empowers these clubs to generate resources for various initiatives that address pressing needs.

The fund facilitates a diverse array of projects, including scholarships that invest in the education of local youth and community projects that improve the quality of life. Its oversight ensures that all financial contributions are directed towards qualified charitable purposes, maximizing the impact of donations.

Additionally, the collaborative spirit fostered among participating clubs not only strengthens community ties but also amplifies the reach of their charitable activities on both local and global scales. The result is a robust network focused on philanthropy that aims to create sustainable and positive change in the communities they serve.




This information is meant to be a general summary of Rotary District 5080 Charitable 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.

Revenue
$245,587 (2022)
Expenses
$151,351 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $85,967
  • Gross Receipts: $474,378

Assets and Liabilities:

  • Total Assets: $998,092
  • Total Liabilities: $4,265
  • Net Assets: $993,827

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Organization Details

Founding Year

2016

Principal Officer

Gary J Bowe

Main Address

3833 E Eloika Rd, Deer Park, WA, 99006

NTEE Category

Code: T30 - Philanthropy

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