East Greenwich Rotary Scholarship Fund

Organization Overview

East Greenwich Rotary Scholarship Fund is located in East Greenwich, RI. The organization was established in 1986. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Greenwich Rotary Scholarship Fund 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 06/2022, East Greenwich Rotary Scholarship Fund generated $37.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $21.2k during the year ending 06/2022. While expenses have increased by 2.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES SCHOLARSHIPS FOR HIGHER EDUCATION TO STUDENTS GRADUATING IN THE LOCAL COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZARION AWARDED $16500 IN SCHOLARSHIPS DURING THE LAST FISCAL YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Kenneth Colaluca
Secretary
$0
Robert Sloan
Vice President
$0
David Iannuccilli
President
$0
John Wolcott
Treasurer
$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$12,684
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,684
Total Program Service Revenue$0
Investment income $24,965
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,649

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