Salem Rotary Foundation

Organization Overview

Salem Rotary Foundation is located in Salem, OR. The organization was established in 1970. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Rotary Foundation 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, Salem Rotary Foundation generated $209.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $954.9k during the year ending 06/2022. 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

FOSTER, DEVELOP, PROMOTE AND ENCOURAGE THE HEALTH, EDUCATION AND THE GENERAL WELFARE OF YOUNG PEOPLE, PRINCIPALLY OF THE CITY OF SALEM, OREGON AND ITS ENVIRONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SALEM ROTARY FOUNDATION - THE GERRY FRANK | SALEM ROTARY AMPHITHEATER. CONCLUDING PROJECT CONSTUCTION EXPENDITURES. THIS IS A MULTI-YEAR PROJECT TO COMMEMORATE THE CENTENNIAL YEAR OF ROTARY IN SALEM - 2019-20.


GILBERT HOUSE CHILDREN'S MUSEUM - FUNDING FOR EDUCATIONAL ACTIVITY AREA AS PART OF A LARGER MUSEUM UPGRADE PROJECT


EAST SALEM COMMUNITY CENTER - FUNDING FOR NEW YOUTH SOCCER FIELD


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Board, Officers & Key Employees

Name (title)Compensation
Tim Nissen
Secretary/treasurer
$0
Jayne Downing
President
$0
Doug Parham
Director
$0
Russell Mccracken
Director
$0
Barry Nelson
Director
$0
Linda Norris
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$15,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$125,579
Noncash contributions included in lines 1a–1f $48,515
Total Revenue from Contributions, Gifts, Grants & Similar$140,579
Total Program Service Revenue$0
Investment income $31,582
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $37,610
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $209,771

Grants Awarded

Over the last fiscal year, Salem Rotary Foundation has awarded $54,500 in support to 2 organizations.

Grant RecipientAmount

GILBERT HOUSE CHILDREN'S MUSEUM INC

Org PageRecipient Profile

Salem, OR

PURPOSE: PROVIDE FUNDING FOR EDUCATIONAL ACTIVITY AREA AS PART OF MUSEUM UPGRADE

$42,500

BLANCHET COMMUNITY FOUNDATION (EAST SALEM COMMUNITY CENTER)

PURPOSE: PROVIDE FUNDS FOR DEVELOPMENT OF A NEW YOUTH SOCCER FIELD

$12,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Salem Rotary Foundation has recieved totaling $428,765.

Awarding OrganizationAmount
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: GERRY FRANK AMPHITHEATER CONSTRUCTION

$400,000
The Brandaw Family Foundation

Wilmington, DE

PURPOSE: GERRY FRANK AMPHITHEATER

$12,500
Impactassets Inc

Bethesda, MD

PURPOSE: GENERAL SUPPORT

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$6,250
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$15
View Grant Recipient Profile

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