Rotary Club Of Grand Rapids- Charities Foundation
- Assets
- $1.6m
- Revenue
- $141.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 08/1991
- Data as of
- 12/2021
- EIN
- 38-2901629
Organization Overview
Rotary Club Of Grand Rapids- Charities Foundation is located in Grand Rapids, MI. The organization was established in 1991. 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. Rotary Club Of Grand Rapids- Charities 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 12/2021, Rotary Club Of Grand Rapids- Charities Foundation generated $141.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $162.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rotary Club Of Grand Rapids- Charities Foundation has awarded 14 individual grants totaling $203,954. 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
ASSISTING YOUTH PROGRAMS, COMPLETING SERVICE PROJECTS IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST VARIOUS YOUTH PROGRAMS THROUGH OUR CLUB COMMUNITY IMPACT GRANTS, INCUDING INDIAN TRAIL CAMP AND MENTORING PROGRAMS AS WELL AS FOREIGN YOUTH EXCHANGE.
STRIVE IS A PROGRAM THAT ROTARY STARTED THAT TARGETS INNER CITY YOUTH. WE HAVE AN OUTREACH PROGRAM WITH SOME OF THE INNER CITY SCHOOLS WHEREBY WE MENTOR STUDENTS IN AN EFFORT TO KEEP THEM IN SCHOOL AND HELP THEM IMPROVE THEIR GRADES. IF THE STUDENTS ACCOMPLISH CERTAIN OBJECTIVES AND STAY WITH THE PROGRAM FOR 2 YEARS THERE IS SOME SCHOLARSHIP $$ AVAILABLE FOR COLLEGE. WE HAVE VARIOUS FUNDRAISERS THAT SUPPORT THE SCHOLARSHIP PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Mathison President And Trustee | OfficerTrustee | 0.2 | $0 |
Michael Sytsma Vice President And Trustee | OfficerTrustee | 0.2 | $0 |
Tom Swets Secretary | Officer | 0.3 | $0 |
Brian Lafrenier Treasurer | Officer | 0.4 | $0 |
James P White Ex-Officio | Trustee | 0.2 | $0 |
Renwick Brutus Former Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,375 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,180 |
| Total Program Service Revenue | $0 |
| Investment income | $33,452 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $78,862 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $141,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $143,793 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,131 |
| Advertising and promotion | $0 |
| Office expenses | $1,921 |
| 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 | $14,609 |
| Total functional expenses | $162,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,577 |
| Savings and temporary cash investments | $0 |
| 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 | $1,490,592 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $434 |
| Total assets | $1,565,603 |
| Accounts payable and accrued expenses | $220 |
| Grants payable | $0 |
| 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 | $220 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,565,383 |
| Total liabilities and net assets/fund balances | $1,565,603 |
Grants Awarded
Over the last fiscal year, Rotary Club Of Grand Rapids- Charities Foundation has awarded $119,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Rapids, MI PURPOSE: YOUTH | $35,000 |
Grand Rapids, MI PURPOSE: COMMUNITY | $25,000 |
Grand Rapids, MI PURPOSE: COMMUNITY | $19,000 |
Grand Rapids, MI PURPOSE: YOUTH | $15,000 |
Jenison, MI PURPOSE: CHILDHOOD HUNGER | $15,000 |
Grand Rapids, MI PURPOSE: COMMUNITY | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rotary Club Of Grand Rapids- Charities Foundation has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strada Education Network Inc Indianapolis, IN | $1,671,156,809 | $181,933,523 |
Cleveland Bakers Local No 19 Health And Welfare Fund Valley View, OH | $91,809,793 | $61,981,646 |
Hunger Task Force Inc Milwaukee, WI | $33,494,491 | $39,896,159 |
Kiwanis International Inc Indianapolis, IN | $39,067,168 | $19,372,757 |
Council On Rural Service Programs Inc Piqua, OH | $7,966,043 | $16,270,478 |
Black Family Development Inc Detroit, MI | $6,518,578 | $15,660,429 |
Options In Community Living Inc Madison, WI | $7,666,427 | $12,922,524 |
Community Alliance Of The Far Eastside Inc Indianapolis, IN | $9,902,468 | $9,126,970 |
Free & Accepted Masons Of Michigan Alma, MI | $47,943,242 | $7,888,880 |
Catholic Social Services Of Washtenaw County Ann Arbor, MI | $4,777,711 | $6,106,159 |
Zinzendorf Hall Inc Watertown, WI | $13,448,322 | $5,812,562 |
Catholic Charities Regional Agency Youngstown, OH | $2,846,524 | $4,246,724 |