nonprofit logo

Folsom Rotary Foundation

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

EIN: 943181710 ✦ Folsom, CA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Folsom Rotary Foundation?

The Folsom Rotary Foundation, situated in Folsom, California, is a nonprofit organization that is deeply committed to enriching the local community. Their primary focus lies in education, providing free dictionaries to third-grade students, granting funds to teachers, offering scholarships to high school seniors, and sponsoring Boy and Cub Scouts. Additionally, they support high school Interact clubs and organize a speech contest for senior students. Beyond education, the foundation also engages in community service projects, offering both monetary and volunteer support to initiatives approved by their Board of Directors, both in Folsom and beyond.


Official website here: www.folsomrotaryfoundation.org

Is Folsom Rotary Foundation legitimate?

Folsom Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Folsom Rotary Foundation 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


Official website here: www.folsomrotaryfoundation.org

What is the mission statement of Folsom Rotary Foundation?

The Folsom Rotary Foundation's mission is centered around providing both monetary and volunteer support for various community service projects. The organization has the flexibility to approve projects beyond the city of Folsom, CA. In line with this mission, the foundation actively engages in educational initiatives such as distributing free dictionaries to third-graders, granting funds to teachers, offering scholarships to high school seniors, sponsoring Boy and Cub Scouts, supporting high school Interact clubs, and hosting a speech contest for seniors.


Official website here: www.folsomrotaryfoundation.org

Who is the CEO of Folsom Rotary Foundation?

Paul Bonaventure is the President of Folsom Rotary Foundation.


Official website here: www.folsomrotaryfoundation.org

What is the revenue of Folsom Rotary Foundation?

Folsom Rotary Foundation's revenue in 2022 was $151,079.


Official website here: www.folsomrotaryfoundation.org

Who are the executives of Folsom Rotary Foundation and what are their salaries?


Here are 8 key members and their salaries:


Toby Margarian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Pepin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Brozoski (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Reyes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Romesh Dontha (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bonaventure (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosario Rodriquez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garry Parlier (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.folsomrotaryfoundation.org

Where can I find the form 990 for Folsom Rotary Foundation?

Folsom Rotary Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.folsomrotaryfoundation.org

Learn more at the official website: www.folsomrotaryfoundation.org

Mission Statement of Folsom Rotary Foundation

The Folsom Rotary Foundation is committed to providing both monetary and volunteer support for a variety of community service projects. This nonprofit organization focuses its efforts on initiatives within the city of Folsom, California, as well as approving projects deemed appropriate by its Board of Directors. The mission of the Folsom Rotary Foundation is multifaceted, extending beyond just financial assistance.

A significant part of the Folsom Rotary Foundation's mission involves education. The organization takes an active role in supporting the educational needs of the community. One of their key initiatives is providing free dictionaries to all third-grade students. Additionally, they offer grants to teachers to enhance their classrooms and aid in educational endeavors. Furthering their commitment to education, the Folsom Rotary Foundation awards scholarships to high school seniors and supports local Boy and Cub Scout groups. Furthermore, they sponsor high school Interact clubs and host a speech contest for senior students, fostering an environment that encourages personal growth and development.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Folsom Rotary Foundation significantly enhances the community of Folsom, CA, through financial contributions and volunteer efforts dedicated to various service projects. By providing free dictionaries to all 3rd graders, the foundation promotes literacy and education among young students. It further supports local educators by awarding grants that foster innovative teaching methods and enhances the learning experience.

Scholarships for high school seniors are also a vital part of the foundation's contributions, enabling students to pursue higher education and achieve their academic goals. The foundation plays a crucial role in youth development by sponsoring Boy and Cub Scouts and supporting high school Interact clubs, which instill leadership and community service values in young individuals. Additionally, organizing a speech contest for high school seniors gives students an opportunity to hone their public speaking skills and gain confidence.

Overall, the Folsom Rotary Foundation's initiatives create a lasting impact, fostering education, leadership, and community improvement throughout Folsom.




This information is meant to be a general summary of Folsom Rotary Foundation. 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
$151,079 (2022)
Expenses
$98,861 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$36,667
  • Gross Receipts: $169,586

Assets and Liabilities:

  • Total Assets: $460,370
  • Total Liabilities: $0
  • Net Assets: $460,370

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1992

Principal Officer

Paul Bonaventure

Main Address

1905 WESLEY DRIVE, FOLSOM, CA, 95630

NTEE Category

Code: S80 - Community improvement

If you are a representative of Folsom Rotary Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.