Bridgeport Rotary Club Foundationinc
- Assets
- $4.6m
- Revenue
- $54.0k
- Investments
- $4.5m
- Employees
- 0
- Location
- Shelton, CT
- Founding
- 12/2007
- Data as of
- 06/2021
- EIN
- 20-5655260
Organization Overview
Bridgeport Rotary Club Foundationinc is located in Shelton, CT. The organization was established in 2007. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgeport Rotary Club Foundationinc 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, Bridgeport Rotary Club Foundationinc generated $54.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $524.5k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bridgeport Rotary Club Foundationinc has awarded 110 individual grants totaling $1,632,283. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THIS ORGANIZATION IS TO PROVIDE SUPPORT BY CONTRIBUTING IN COMMUNITY PROGRAMS IN NEED OF SOCIAL, FINANCIAL, EDUCATIONAL, HEALTHCARE & EMERGENCY RELIEF
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTE TO COMMUNITY PROGRAMS IN NEED OF SOCIAL, FINANCIAL, EDUCATIONAL SUPPORT, HEALTHCARE & EMERGENCY RELIEF.
SCHOLARSHIP FUNDS-BRIDGEPORT SCHOOLS
SUPPORT ROTARY INTERNATIONAL PROGRAMS AND ACTIVITIES IN HEALTHCARE AND EMERGENCY RELIEF
CONTRIBUTE TO COMMUNITY PROGRAMS IN NEED OF SOCIAL, FINANCIAL, EDUCATIONAL SUPPORT, HEALTHCARE & EMERGENCY RELIEF.
SCHOLARSHIP FUNDS-BRIDGEPORT SCHOOLS
SUPPORT ROTARY INTERNATIONAL PROGRAMS AND ACTIVITIES IN HEALTHCARE AND EMERGENCY RELIEF
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Cottrell President | 0.25 | $0 | |
Christopher Gallo Treasurer | 1 | $0 | |
Edward Davies Secretary | 0.25 | $0 | |
Thomas Errichetti Ass. Treas. | 0.25 | $0 | |
Nicolas Dapaz Trustee | 0.25 | $0 | |
Crystal Engram Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,001 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $232,946 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $146 |
| Total operating and administrative expenses | $14,716 |
| Contributions, gifts, grants paid | $509,798 |
| Total expenses and disbursements | $524,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,028 |
| 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 | $4,592,207 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $11,595 |
| Deferred revenue | $3,500 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,095 |
Grants Awarded
Over the last fiscal year, Bridgeport Rotary Club Foundationinc has awarded $714,222 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
BPT PUBLIC LIBRARY PURPOSE: AV Equipment | $60,000 |
BPT PUBLIC LIBRARY PURPOSE: AV Equipment | $60,000 |
Bridgeport, CT PURPOSE: Learning Project | $55,061 |
Bridgeport, CT PURPOSE: Learning Project | $55,061 |
Bridgeport, CT PURPOSE: Reading Enrichment | $40,000 |
Bridgeport, CT PURPOSE: Reading Enrichment | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridgeport Rotary Club Foundationinc has recieved totaling $11,724.
| Awarding Organization | Amount |
|---|---|
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $11,724 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rhode Island Community Foundation Providence, RI | $1,346,682,058 | $194,702,159 |
Hartford Foundation For Public Giving Hartford, CT | $1,125,106,021 | $82,935,365 |
Community Foundation For Greater Buffalo Inc Buffalo, NY | $874,380,305 | $143,802,626 |
Community Foundation For Greater New Haven New Haven, CT | $745,279,119 | $58,670,540 |
Federation Of Jewish Communities Of The C I S Inc New York, NY | $45,162,356 | $39,631,208 |
Fairfield Countys Community Foundation Inc Norwalk, CT | $264,164,706 | $42,534,303 |
Rochester Area Community Foundation Rochester, NY | $452,673,006 | $59,557,190 |
Catholic Charities Of Buffalo Buffalo, NY | $41,576,335 | $33,263,179 |
New World Foundation New York, NY | $131,879,332 | $14,635,341 |
Central New York Community Foundation Inc Syracuse, NY | $395,864,792 | $49,020,873 |
Community Foundation Of Western Massachusetts Springfield, MA | $263,677,089 | $50,890,910 |
Essex County Community Foundation Incorporated Danvers, MA | $116,029,343 | $28,414,247 |