Kings Bay Rotary Charitable Foundation Inc

Organization Overview

Kings Bay Rotary Charitable Foundation Inc is located in Crystal River, FL. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public 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. Kings Bay Rotary Charitable 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 06/2022, Kings Bay Rotary Charitable Foundation Inc generated $73.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $82.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Kings Bay Rotary Charitable Foundation Inc has awarded 13 individual grants totaling $182,752. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FUND COMMUNITY ORGANIZATIONS, INTERNATIONAL PROJECTS AND SUPPORT THE CHARITABLE EFFORTS OF ROTARY INTERNATIONAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOCAL COMMUNITY SERVICE PROJECTS AND SCHOLARSHIPS TO ASSIST INDIVIDUALS IN NEED OF BASIC NECESSITIES OF LIFE.


CHARITABLE DONATIONS TO LOCAL ORGANIZATIONS PROVIDING SUPPORT AND EDUCATION TO ANYONE.


INTERNATIONAL PROJECTS WITH ROTARY INTERNATIONAL TO PROVIDE SERVICES AND EQUIPMENT TO OTHER COUNTRIES.


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Board, Officers & Key Employees

Name (title)Compensation
Bonnie Saylor
Treasurer
$0
Tom Gotterup
President
$0
Johannes Brongers
Secretary
$0
Ed Wilsek
Director
$0
Arthur Burt
Director
$0
Julie Kidder Reynolds
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$318
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,259
Noncash contributions included in lines 1a–1f $61
Total Revenue from Contributions, Gifts, Grants & Similar$4,577
Total Program Service Revenue$0
Investment income $318
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $68,871
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $73,837

Grants Awarded

Over the last fiscal year, Kings Bay Rotary Charitable Foundation Inc has awarded $18,000 in support to 2 organizations.

Grant RecipientAmount

THE PATH

PURPOSE: PROGRAM ASSISTANCE

$10,000

SERVICE ABOVE SELF SCHOLARSHIP

PURPOSE: SCHOLARSHIPS

$8,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Kings Bay Rotary Charitable Foundation Inc has recieved totaling $74.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$74
View Grant Recipient Profile

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