Rolls-Royce Foundation is located in Mechanicsburg, PA. The organization was established in 1998. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rolls-Royce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO THE HERITAGE OF ROLLS-ROYCE AND BENTLEY MOTORCARS THROUGH EDUCATION, COMMUNITY ENGAGEMENT, WORLD-WIDE RESEARCH, AND PRESERVATION OF HISTORICALLY SIGNIFICANT ACQUISITIONS FOR PUBLIC DISPLAY
Describe the Organization's Program Activity:
Part 3 - Line 4a
AUTOS AND AUTO PARTS DONATED TO FOUNDATION ARE REFURBISHED FOR COLLECTION AND SOMETIMES RESALE.
EDUCATIONAL SEMINARS PROVIDED TO MEMBERS FREE TO LEARN AUTOMOBILE MAINTENANCE.
FOUNDATION COMMITTED TO MAINTAINING A MUSEUM TO DISPLAY COLLECTION FOR ROLLS-ROYCE AND BENTLEY MOTOR CARS.
SCHOLARSHIP GRANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Al Briseno II Treasurer | OfficerTrustee | 1 | $0 |
C Lloyd Hart Secretary | OfficerTrustee | 1 | $0 |
Ronald Deguffroy Chairman | OfficerTrustee | 1 | $0 |
Mark Lizewskie Executive Di | Officer | 10 | $0 |
Millie Horton Vice Chair | Officer | 1 | $0 |
Ralph Curzon Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $33,340 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $66,016 |
Noncash contributions included in lines 1a–1f | $19,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $99,356 |
Total Program Service Revenue | $7,293 |
Investment income | $921 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$173,676 |
Net Income from Fundraising Events | $2,267 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $12,431 |
Miscellaneous Revenue | $0 |
Total Revenue | -$51,408 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $66,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,275 |
Office expenses | $12,064 |
Information technology | $99 |
Royalties | $0 |
Occupancy | $25,186 |
Travel | $30 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $230 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $15,908 |
Insurance | $16,914 |
All other expenses | $1,460 |
Total functional expenses | $159,625 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $166,716 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $45 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $34,579 |
Prepaid expenses and deferred charges | $4,013 |
Net Land, buildings, and equipment | $343,853 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,930,363 |
Total assets | $2,479,569 |
Accounts payable and accrued expenses | $18,789 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $18,789 |
Net assets without donor restrictions | $2,460,780 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,479,569 |
Over the last fiscal year, we have identified 2 grants that Rolls-Royce Foundation has recieved totaling $312.
Awarding Organization | Amount |
---|---|
The William S Rothermel Foundation Lancaster, PA PURPOSE: SUPPORT FOR EVENTSPONSORSHIP &CHARITABLE ACTIVITIES | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $62 |
Organization Name | Assets | Revenue |
---|---|---|
Carnegie Institute Pittsburgh, PA | $541,460,866 | $82,217,609 |
The Corning Museum Of Glass Corning, NY | $73,662,076 | $31,481,253 |
Rock And Roll Hall Of Fame And Museum Inc Cleveland, OH | $155,983,812 | $52,609,977 |
National Football Museum Inc Canton, OH | $45,241,637 | $30,879,205 |
Intrepid Museum Foundation Inc New York, NY | $107,274,514 | $23,304,017 |
Cincinnati Museum Center Cincinnati, OH | $282,646,725 | $49,474,377 |
Jewish Museum New York, NY | $170,221,432 | $22,874,963 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
Newark Museum Association Newark, NJ | $64,370,892 | $11,736,749 |
Brandywine Conservancy & Museum Of Art Chadds Ford, PA | $159,611,083 | $25,949,606 |