Los Gatos Morning Rotary Charitable Foundation is located in Los Gatos, CA. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Los Gatos Morning Rotary Charitable Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Los Gatos Morning Rotary Charitable Foundation generated $170.0k 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 (4.6%) each year. All expenses for the organization totaled $169.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Los Gatos Morning Rotary Charitable Foundation has awarded 130 individual grants totaling $516,351. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Trevor Schwartz Trustee | 1 | $0 | |
Dan Lawson Trustee | 1 | $0 | |
Lynne H Brown Chairman | 2 | $0 | |
Joseph W Pfahnl Treasurer/t'tee | 2 | $0 | |
Margaret Mcinerney Secretary/t'tee | 2 | $0 | |
Chris Miller Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $89,645 |
Interest on Savings | $294 |
Dividends & Interest | $11,730 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $7,319 |
Capital Gain Net Income | $7,319 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $61,000 |
Total Revenue | $169,988 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $260 |
Depreciation | $0 |
Occupancy | $5,708 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,752 |
Total operating and administrative expenses | $10,150 |
Contributions, gifts, grants paid | $159,247 |
Total expenses and disbursements | $169,397 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,035 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $3,414 |
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 | $500,950 |
Accounts payable and accrued expenses | $3,414 |
Grants payable | $20,500 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $23,914 |
Over the last fiscal year, Los Gatos Morning Rotary Charitable Foundation has awarded $159,247 in support to 20 organizations.
Grant Recipient | Amount |
---|---|
THE DOUG MCNEIL FUND SEE NOTE PURPOSE: FINANCIAL SUPPORT | $87,497 |
San Jose, CA PURPOSE: FINANCIAL SUPPORT | $10,000 |
San Francisco, CA PURPOSE: FINANCIAL SUPPORT | $5,000 |
L G UNITED METHODIST CH - COLONET PURPOSE: FINANCIAL SUPPORT | $5,000 |
Milpitas, CA PURPOSE: FINANCIAL SUPPORT | $5,000 |
Alameda, CA PURPOSE: FINANCIAL SUPPORT | $5,000 |
Over the last fiscal year, we have identified 1 grants that Los Gatos Morning Rotary Charitable Foundation has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Matt And Gretchen Dinapoli Family Foundation Los Gatos, CA PURPOSE: CHARITABLE GIVING | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |