Branchburg Rotary Foundation
- Assets
- $264.5k
- Revenue
- $196.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Branchburg, NJ
- Founding
- 06/2013
- Data as of
- 06/2021
- EIN
- 45-4169347
Organization Overview
Branchburg Rotary Foundation is located in Branchburg, NJ. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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. Branchburg 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 06/2021, Branchburg Rotary Foundation generated $196.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $162.3k during the year ending 06/2021. While expenses have increased by 21.5% per year over the past 6 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, Branchburg Rotary Foundation has awarded 31 individual grants totaling $449,325. 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
THE MISSION OF THE BRANCHBURG ROTARY FOUNDATION IS TO ENGAGE IN CHARITABLE ACTIVITIES THROUGHOUT BRANCHBURG, THE SURROUNDING COMMUNITIES AND AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE ACTIVITIES INCLUDE VETERANS PROGRAMS, LOCAL FOOD BANKS, YOUTH ORGANIZATION PROGRAMS AND SCHOLARSHIPS IN BRANCHBURG TOWNSHIP, THE SURRROUNDING COMMUNITIES AND COMMUNITIES AROUND THE WORLD. IN FISCAL YEAR ENDING JUNE 30,2021 A GREATER EMPHASIS WAS PUT ON THE GROWING PROBLEM OF FOOD INSECURITY IN SOMERSET COUNTY. THE ORGANIZATION HAS PARTNERED WITH THE SOMERSET COUNTY FOOD BANK NETWORK AND PARCIPATED IN A SOUP KITCHEN WITH SEVERAL CHURCHES AND OTHER NON-PROFITS WHICH DISTRIBUTES FRESH MADE SOUPS AND MEALS TO APPROXIMATELY 200 FAMILIES. IN ADDITION SEVERAL FUNDRAISERS WERE HELD-A VIRTUAL COMDEY NUGHT AND A FAMILY FUN DAY. THESE EVENTS RAISED FUNDS TO ALLOW THE ROTARY TO CONTINUE ITS MISSION TO AWARD SCHOLARSHIPS TO LOCAL YOUTH AND OTHER COMMUNITY PROGRAMS THAT THE FOUNDATION SUPPORTS. THE ROTARY CONTINUES TO SUPPORT VARIOU VETERANS ORGANIZATIONS IN THEIR CONTINUED EFFORT TO SUPPORT OUR VETERANS AND THEIR UNIQUE NEEDS THROUGH VARIOUS SUPPORT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Forrestall Treasurer | OfficerTrustee | 5 | $0 |
Ileen Bradley President | OfficerTrustee | 3 | $0 |
Julie Ann Juliano Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,500 |
| Related organizations | $0 |
| Government grants | $1,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,260 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,760 |
| Total Program Service Revenue | $156,833 |
| Investment income | $1,309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,088 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $195,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,014 |
| Grants and other assistance to domestic individuals. | $13,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $17,239 |
| 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 | $265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,000 |
| Advertising and promotion | $250 |
| Office expenses | $3,797 |
| 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 | $9,557 |
| Total functional expenses | $162,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,898 |
| Savings and temporary cash investments | $206,611 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $264,509 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $264,509 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $264,509 |
Grants Awarded
Over the last fiscal year, Branchburg Rotary Foundation has awarded $74,705 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Flemington, NJ PURPOSE: Veteran Project | $25,188 |
East Hanover, NJ PURPOSE: Veteran Project | $22,047 |
White Hse Sta, NJ PURPOSE: Veteran Project | $11,398 |
WELCOME HOME VETS OF NEW JERSEY PURPOSE: Veteran Project | $11,023 |
Branchburg, NJ PURPOSE: Veteran Project | $5,049 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Branchburg Rotary Foundation has recieved totaling $96,500.
| Awarding Organization | Amount |
|---|---|
Gerald & Elizabeth Geiger Charitable Foundation Inc Somerville, NJ PURPOSE: GENERAL | $96,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
American Friends Of B Nai Levy Foundation Brooklyn, NY | $493,786 | $13,431,000 |
Rf Catalytic Capital Inc New York, NY | $241,603,034 | $246,273,218 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |