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Rotary Club Of Palm Desert Foundation

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

EIN: 953567698 ✦ Palm desert, CA ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of Palm Desert Foundation?

The Rotary Club Of Palm Desert Foundation is a charitable organization based in Palm Desert, California. Its primary mission is to support the education of high school students in the local area by providing them with scholarships to pursue higher education at colleges. The foundation is dedicated to this cause and works towards funding these scholarships to help young individuals further their academic journeys.

Is Rotary Club Of Palm Desert Foundation legitimate?

Rotary Club Of Palm Desert Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Palm Desert 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

What is the mission statement of Rotary Club Of Palm Desert Foundation?

The Rotary Club Of Palm Desert Foundation's primary objective is to provide financial aid in the form of scholarships to high school students, enabling them to pursue higher education at the college level. The foundation's mission is centered around supporting local talent, contributing to their academic growth and future prospects. By granting these scholarships, the foundation plays a significant role in fostering education and empowering young individuals. The scholarships are designed to alleviate financial burdens, thereby providing equal opportunities for academic advancement. The Rotary Club Of Palm Desert Foundation's mission is a testament to its commitment to investing in the future leaders of the community.

What is the revenue of Rotary Club Of Palm Desert Foundation?

Rotary Club Of Palm Desert Foundation's revenue in 2023 was $21,188.

Who are the executives of Rotary Club Of Palm Desert Foundation and what are their salaries?

Here are 10 key members and their salaries:


Ricardo Loretta (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meegan Villa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Winston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Dewing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Laboda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Newlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Wylie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Brock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Loretta (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Rotary Club Of Palm Desert Foundation?

Rotary Club Of Palm Desert Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Rotary Club Of Palm Desert Foundation

The Rotary Club of Palm Desert Foundation is committed to supporting the educational aspirations of high school students in the region. This nonprofit organization's mission is to provide funding for scholarships, enabling these students to further their education at the college level. By granting scholarships to deserving Valley residents, the Rotary Club of Palm Desert Foundation plays a significant role in fostering academic growth and personal development among young individuals.

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Impact




October, 2024

The Rotary Club Of Palm Desert Foundation significantly impacts the community by providing scholarships to high school students in the valley. These scholarships empower students to pursue higher education, enhancing their opportunities for personal and professional growth. By supporting local youth in their educational endeavors, the Foundation fosters a brighter future for the community, contributing to a well-educated workforce and promoting social enrichment in Palm Desert. This commitment to education not only aids individual students but also strengthens the fabric of the entire community by encouraging academic achievement and lifelong learning.




This information is meant to be a general summary of Rotary Club Of Palm Desert 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
$21,188 (2023)
Expenses
$55,380 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,165
  • Program Service Revenue: $7,064
  • Gross Receipts: $49,225

Assets and Liabilities:

  • Total Assets: $525,620
  • Total Liabilities: $0
  • Net Assets: $525,620

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOLF EVENT
00
PROGRAM SERVICES
0

Revenue

$7,064

ROTARY ROCK
00
SPIRIT OF ROTARY HOF
00

Organization Details

Founding Year

1980

Principal Officer

Ricardo Loretta

NTEE Category

Code: P20 - Human services

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