Rye Rotary Foundation Inc
- Assets
- $128.6k
- Revenue
- $17.9k
- Investments
- $103.3k
- Employees
- 0
- Location
- Rye, NY
- Founding
- 08/1981
- Data as of
- 09/2023
- EIN
- 13-3041401
Organization Overview
Rye Rotary Foundation Inc is located in Rye, NY. The organization was established in 1981. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rye Rotary Foundation Inc 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 09/2023, Rye Rotary Foundation Inc generated $17.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $31.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rye Rotary Foundation Inc has awarded 66 individual grants totaling $119,939. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lora Hugelmeyer Trustee | 2 | $0 | |
Julie Kattan Trustee | 0 | $0 | |
Kathy Carley-Spanier Trustee | 1 | $0 | |
Robert Manheimer Treasurer | 1 | $0 | |
Robert Praid President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,050 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,526 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,280 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,567 |
| Total Revenue | $17,863 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,480 |
| Total operating and administrative expenses | $19,592 |
| Contributions, gifts, grants paid | $12,089 |
| Total expenses and disbursements | $31,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,319 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $128,609 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rye Rotary Foundation Inc has awarded $12,089 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
RYE HIGH SCHOOL BASKETBALL PURPOSE: UNIFORMS | $600 |
RYE CITY SCHOOL DISTRICT PURPOSE: ENVIRONMENTAL CONSERVATION | $500 |
ROTARY DISTRICT 5000 PURPOSE: MAUI DISASTER RELIEF | $1,000 |
ROTARY INTERNATIONAL PURPOSE: PURPLE PINKIE PROJECT | $489 |
NORTH SHORE ROTARY FOUNDATION PURPOSE: EL TAHIR RIVERBANKS BOREHOLE | $500 |
JOYCE D KANG PURPOSE: SCHOLARSHIP | $1,500 |