Minneapolis City Of Lakes Rotary Foundation

Organization Overview

Minneapolis City Of Lakes Rotary Foundation is located in Minneapolis, MN. The organization was established in 1987. 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. Minneapolis City Of Lakes Rotary 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, Minneapolis City Of Lakes Rotary Foundation generated $187.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $281.6k during the year ending 06/2022. While expenses have increased by 11.8% 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, Minneapolis City Of Lakes Rotary Foundation has awarded 14 individual grants totaling $538,622. 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

TO BENEFIT CHARITABLE, BENEVOLENT, AND EDUCATIONAL CAUSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ROTARY FOUNDATION WAS ABLE TO SUPPORT WELFARE OF PEOPLE IN THE MINNEAPOLIS COMMUNITY AS WELL AROUND THE WORLD. THE FOUNDATOIN PROVIDES SUPPORT THROUGH ITS CONTRIBUTIONS TO SERVICE AND OTHER ORGANIZATIONS, WHICH PROVIDE DIRECT SERVICE TO PEOPLE IN NEED.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Benson
President
$0
Ross Naylor
President-Elect
$0
Sheila Gothmann
Treasurer
$0
Jean Johnson
Vice President Membership
$0
Steve Morris
Secretary
$0
Carol Russell
Past President, Ppc Chair
$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$187,091
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$187,091
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $187,091

Grants Awarded

Over the last fiscal year, Minneapolis City Of Lakes Rotary Foundation has awarded $55,136 in support to 4 organizations.

Grant RecipientAmount

JUNIOR ACHIEVEMENT NORTH

Org PageRecipient Profile

St Paul, MN

PURPOSE: Education

$35,000

THE ROTARY FOUNDATION

Org PageRecipient Profile

Evanston, IL

PURPOSE: International Support

$8,136

Chaska, MN

PURPOSE: Prevent Child Trafficking

$6,000

MISSISSPPI PARK CONNECTION

Org PageRecipient Profile

Saint Paul, MN

PURPOSE: Park Preservation

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Minneapolis City Of Lakes Rotary Foundation has recieved totaling $39,570.

Awarding OrganizationAmount
$12,500
Minneapolis Foundation

Minneapolis, MN

PURPOSE: DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT

$12,019
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$10,051
Willard E Smucker Foundation

Orrville, OH

PURPOSE: GENERAL OPERATIONS

$5,000
View Grant Recipient Profile

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