Denver Rotary Club Foundation
- Assets
- $4.3m
- Revenue
- $529.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 12/1971
- Data as of
- 06/2021
- EIN
- 23-7154562
Organization Overview
Denver Rotary Club Foundation is located in Denver, CO. The organization was established in 1971. 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. Denver Rotary Club 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 06/2021, Denver Rotary Club Foundation generated $529.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $214.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Denver Rotary Club Foundation has awarded 41 individual grants totaling $917,846. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVICE AND ASSISTANCE TO YOUTH AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SCHOLARSHIPS & GRANTS TO EXEMPT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carter Sales President | OfficerTrustee | 1 | $0 |
Sandon J Purcell Treasurer | OfficerTrustee | 1 | $0 |
Alison J Clark-Hardesty Immediate Past President | OfficerTrustee | 5 | $0 |
Dennis L Kuper Treasurer | OfficerTrustee | 2 | $0 |
William G Imig Secretary | OfficerTrustee | 1 | $0 |
Sidney B Brooks Vp/president Elect | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $40,732 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $187,103 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $227,835 |
| Total Program Service Revenue | $0 |
| Investment income | $72,275 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $210,782 |
| Net Income from Fundraising Events | $18,631 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $529,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $151,747 |
| Grants and other assistance to domestic individuals. | $20,827 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,458 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,427 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $565 |
| Total functional expenses | $214,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,235 |
| Savings and temporary cash investments | $2,200 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,213,805 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,323,240 |
| Accounts payable and accrued expenses | $211 |
| Grants payable | $7,000 |
| 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 | $7,211 |
| Net assets without donor restrictions | $4,075,620 |
| Net assets with donor restrictions | $240,409 |
| 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 | $4,323,240 |
Grants Awarded
Over the last fiscal year, Denver Rotary Club Foundation has awarded $66,861 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: DPS MENTORING PROGRAM - GENERAL SUPPORT | $42,000 |
Evanston, IL PURPOSE: GENERAL SUPPORT AND POLIO EFFORTS | $11,361 |
Denver, CO PURPOSE: STUDENT MUSIC EDUCATION PROGRAM - GENERAL SUPPORT | $7,000 |
COLORADO ART EDUCATION ASSOCIATION PURPOSE: SCHOLASTIC ART AWARDS, COLORADO REGION/GENERAL PROGRAM SUPPORT | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Denver Rotary Club Foundation has recieved totaling $16,114.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $8,574 |
Ray And Melly Kinnard Foundation Denver, CO PURPOSE: YOUTH & EDUCATION | $5,500 |
Umb Financial Corporationcharitable Foundation Kansas City, MO PURPOSE: LOCAL HUMANITARIAN PROGRAMS | $1,000 |
Lockwood Foundation Scottsbluff, NE PURPOSE: CHANGE LIFES AROUND THE WORLD | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Endowment Analysis
| Beg. Balance | $120,191 |
| Net Contributions | $111,315 |
| Grants | $11,218 |
| Ending Balance | $220,288 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Native Americans For Community Action Inc Flagstaff, AZ | $13,508,728 | $5,982,716 |
Project Angel Heart Denver, CO | $8,549,323 | $6,509,921 |
Southwest District Kiwanis Foundation Carefree, AZ | $3,902,018 | $3,838,305 |
Maria Droste Services Of Colorado Denver, CO | $1,126,032 | $2,807,216 |
T M M Family Services Inc Tucson, AZ | $11,217,566 | $2,379,578 |
Cherish Families Herriman, UT | $1,169,306 | $2,370,691 |
Crossroads Safehouse Incorporated Fort Collins, CO | $5,021,691 | $2,182,072 |
Mountain Resource Center Inc Conifer, CO | $1,853,830 | $1,599,556 |
Safenet Services Inc Claremore, OK | $6,182,600 | $1,197,565 |
Wickenburg Community Services Corporation Wickenburg, AZ | $4,806,769 | $1,301,742 |
Full Circle Of Lake County Inc Leadville, CO | $971,901 | $1,596,827 |
Crisis Center Manhattan, KS | $2,931,603 | $2,236,562 |