Long Beach Rotary Charitable Foundation

Organization Overview

Long Beach Rotary Charitable Foundation is located in Long Beach, CA. The organization was established in 1993. 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. Long Beach Rotary Charitable 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, Long Beach Rotary Charitable Foundation generated $296.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $165.1k during the year ending 06/2022. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Long Beach Rotary Charitable Foundation has awarded 35 individual grants totaling $458,500. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

A CHARITABLE FOUNDATION DISTRIBUTING FUNDS IN A MANNER THAT FURTHERS THE MISSION, PROJECTS AND GOALS OF THE ROTARY CLUB OF LONG BEACH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

A CHARITABLE FOUNDATION DISTRIBUTING FUNDS IN A MANNER THAT FURTHERS THE MISSION, PROJECTS, AND GOALS OF THE ROTARY CLUB OF LONG BEACH.


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Board, Officers & Key Employees

Name (title)Compensation
Juan Huizar
Director
$0
Alfredo Velasco
Secretary
$0
Elizabeth Lucas
Director
$0
Mollie Beck
Past Preside
$0
Dana Buchanan
Director
$0
Dorian Bolick
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$259,450
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$259,450
Total Program Service Revenue$0
Investment income $32,944
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,011
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $296,405

Grants Awarded

Over the last fiscal year, Long Beach Rotary Charitable Foundation has awarded $40,000 in support to 4 organizations.

Grant RecipientAmount

WOMEN'S SHELTER OF LONG BEACH

Org PageRecipient Profile

Long Beach, CA

PURPOSE: SUPPORT CHARITY

$10,000

Long Beach, CA

PURPOSE: SUPPORT CHARITY

$10,000

WOMEN'S SHELTER OF LONG BEACH

Org PageRecipient Profile

Long Beach, CA

PURPOSE: SUPPORT CHARITY

$10,000

Long Beach, CA

PURPOSE: SUPPORT CHARITY

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Long Beach Rotary Charitable Foundation has recieved totaling $15,000.

Awarding OrganizationAmount
Gates Family Foundation

Denver, CO

PURPOSE: PROJECT SUPPORT

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,046,708
Earnings-$131,333
Other Expense$104
Ending Balance$915,271

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