Fort Wayne Rotary Foundation Inc
- Assets
- $392.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Fort Wayne, IN
- Founding
- 05/1979
- Data as of
- 06/2022
- EIN
- 31-0950924
Organization Overview
Fort Wayne Rotary Foundation Inc is located in Fort Wayne, IN. The organization was established in 1979. 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. Fort Wayne Rotary 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, Fort Wayne Rotary Foundation Inc generated $56.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $63.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGING DEVELOPMENT IN CHARITABLE AND EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3
SERVICE PROJECTS: LOCAL SERVICE PROJECT - SUPPORT OF SELECTED LOCAL CHARITABLE OPPORTUNITIES. MARDI GRAS PROFITS FROM FEBRUARY/MARCH 2020 WERE CONTRIBUTED TO MUSTARD SEED AND EUELL WILSON CENTER, TWO LOCAL NONPROFIT ORGANIZATIONS. IN ADDITION, SCHOLARSHIPS WERE AWARDED FOR INTERACT STUDENTS. THE FOUNDATION ALSO RAISED MONEY FOR PPE (PERSONAL PROTECTIVE EQUIPMENT) FOR LOCAL HOSPITALS AND NONPROFIT HEALTHCARE PROVIDERS IN SPRING 2020. INTERNATIONAL SERVICE PROJECT - PROVIDE MEDICAL ASSISTANCE
INTERNATIONAL EXCHANGES: ROTARY YOUTH EXCHANGE - SPONSORED ONE INBOUND AND ONE OUTBOUND INTERNATIONAL EXCHANGE STUDENT TO PROMOTE INTERNATIONAL UNDERSTANDING. YOUTH PROGRAMS: ROTARY YOUTH LEADERSHIP AWARDS (RYLA) - AN INTENSIVE TRAINING PROGRAM FOR COMMUNITY YOUTH LEADERS. A GROUP OF YOUNG PEOPLE CHOSEN FOR THEIR LEADERSHIP POTENTIAL ATTENDED AN ALL-EXPENSES-PAID WORKSHOP TO DISCUSS LEADERSHIP SKILLS AND TO LEARN THOSE SKILLS THROUGH PRACTICE. CLEO FOX AWARDS - ENCOURAGE INSTRUMENTAL MUSIC ACHIEVEMENT IN HIGH SCHOOL STUDENTS BY AWARDING SCHOLARSHIPS TO SUMMER MUSIC PROGRAMS. STUDENT ROTARIAN PROGRAM - INVITE APPROXIMATELY 6 STUDENTS TO ATTEND ROTARY MEETINGS ONE MONTH PER YEAR TO REWARD EDUCATIONAL ACHIEVEMENT, FOSTER CAREER DEVELOPMENT, AND PROMOTE SERVICE ABOVE SELF. ONE STUDENT IS SELECTED TO RECEIVE A 1,000 SCHOLARSHIP. WORLD AFFAIRS CONFERENCE - SPONSORED STUDENTS TO ATTEND CONFERENCE ON WORLD AFFAIRS.
WASHINGTON ELEMENTARY: SUPPORT STUDENTS OF LOWER-INCOME FAMILIES AT WASHINGTON ELEMENTARY SCHOOL IN FORT WAYNE, IN.
SUPPORT ERADICATION OF POLIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Wilks Secretary | 10 | $13,152 | |
Lynne Gilmore President | 5 | $0 | |
Kurt Beuchel President El | 0.5 | $0 | |
Stephanie Veit Vice Preside | 0.5 | $0 | |
Mark Westerhausen Treasurer | 2.5 | $0 | |
Jeff Peat Past Preside | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,316 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,180 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,251 |
| Other Revenue | $2,507 |
| Total Revenue | $56,254 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,016 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,639 |
| Total expenses | $63,911 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $267,957 |
| Other assets | $0 |
| Total assets | $392,238 |
| Total liabilities | $6,721 |
| Net assets or fund balances | $385,517 |
Grants Awarded
Over the last fiscal year, Fort Wayne Rotary Foundation Inc has awarded $113,326 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FORT WAYNE PARKS FOUNDATION PURPOSE: RIVERFRONT DEVELOP | $100,000 |
FORT WAYNE DANCE COLLECTIVE PURPOSE: CONTRIBUTION | $6,663 |
HEARTLAND SINGS INC PURPOSE: CONTRIBUTION | $6,663 |