Rotary Club Of Concord Charitable Foundation

Organization Overview

Rotary Club Of Concord Charitable Foundation is located in Concord, NH. The organization was established in 1998. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Concord Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Rotary Club Of Concord Charitable Foundation generated $100.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $111.8k during the year ending 06/2021. While expenses have increased by 2.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Rotary Club Of Concord Charitable Foundation has awarded 19 individual grants totaling $355,317. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS TO QUALIFIED STUDENTS AND FUNDS FOR VARIOUS CHARITABLE AND CIVIC/COMMUNITY ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP AWARDS ARE BASED ON RECOMMENDATIONS FROM AREA SCHOOL COUNSELORS, ETC. THE SCHOLARSHIP COMMITTEE MAKES THE FINAL REVIEW AND DECISION. NONE WERE MORE THAN 5,000 EXCEPT KYLAR BUCHHOLZ (6,000) SCHOLARSHIP AND RICHAEL STEED (5,000) SCHOLARSHIP.


AMOUNTS PAID TO LOCAL CHARITIES COVERING CIVIC & COMMUNITY EDUCATION, HEALTH, YOUTH, ELDERLY, YOUTH ATHLETICS, YOUTH CAMPERSHIPS - ALL BASED ON APPLICATIONS FROM VARIOUS ORGANIZATIONS - ACTED UPON BY THE CHARITIES COMMITTEE AND THE BOARD OF DIRECTORS. NONE WERE MORE THAN 5,000 EXCEPT BOYS AND GIRLS CLUB OF CENTRAL NEW HAMPSHIRE (21,438) AND THE GRANITE YMCA (20,850).


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Board, Officers & Key Employees

Name (title)Compensation
Pieter Hollenberg
President
$0
Karyn Finkelson
Vice Preside
$0
Virginia Finer
President El
$0
Nancy Parker
Treasurer
$0
Phillip J Cistulli Jr
Sergeant-At
$0
Timothy Britain
Past Preside
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$17,753
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$17,753
Total Program Service Revenue$0
Investment income $39,593
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $39,973
Net Income from Fundraising Events $3,436
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $100,755

Grants Awarded

Over the last fiscal year, Rotary Club Of Concord Charitable Foundation has awarded $42,288 in support to 2 organizations.

Grant RecipientAmount

BOYS AND GIRLS CLUB OF CENTRAL NH

Org PageRecipient Profile

Concord, NH

PURPOSE: COMMUNITY SUPPORT

$21,438

Manchester, NH

PURPOSE: COMMUNITY SUPPORT

$20,850
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rotary Club Of Concord Charitable Foundation has recieved totaling $26.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$26
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,819,018
Earnings$571,762
Other Expense$58,538
Grants$51,000
Ending Balance$2,281,242

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