Wichita Rotary Charitable Fund Inc
- Assets
- $2.0m
- Revenue
- $81.2k
- Investments
- $2.0m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 08/1986
- Data as of
- 06/2023
- EIN
- 48-1019500
Organization Overview
Wichita Rotary Charitable Fund Inc is located in Wichita, KS. The organization was established in 1986. 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. Wichita Rotary Charitable Fund 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 06/2023, Wichita Rotary Charitable Fund Inc generated $81.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $141.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wichita Rotary Charitable Fund Inc has awarded 45 individual grants totaling $1,094,667. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SEEK FUNDS THROUGH GIFTS, DONATIONS AND OTHER MEANS, AND TO MANAGE AND DISTRIBUTE THOSE FUNDS IN A MANNER THAT WILL SUPPORT AND ADVANCE SELECTED PROGRAMS OF THE ROTARY CLUB OF WICHITA, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS YEAR THE ROTARY CLUB OF WICHITA PARTICIPATED IN THE LITERACY PROGRAM, READING IS FUNDAMENTAL. WE PROVIDED 3 BOOKS PER YEAR TO STUDENTS IN 21 USD 259 TITLE I SCHOOLS AND SEVERAL CHILD START AND EARLY CHILDHOOD DEVELOPMENT SCHOOLS. WE PROVIDED APPROXIMATELY 24,000 BOOKS TO ALMOST 10,000 STUDENTS. ROTARIANS DELIVER THE BOOKS TO THE CLASSROOM AND READ TO THE STUDENTS TO EMPHASIZE THE IMPORTANCE OF READING.
SUPPORT OF AREA NON-PROFIT ORGANIZATIONS
THE ROTARY CLUB OF WICHITA PROVIDES EVERY 3RD GRADE STUDENT IN USD 259 TITLE I SCHOOLS A BEAUTIFUL, LONG-LASTING, HARD COVER SCHOLASTIC DICTIONARY EACH YEAR. THIS YEAR WE DISTRIBUTED MORE THAN 2,600 SCHOLASTIC DICTIONARIES TO CHILDREN FROM LOW INCOME FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Baker President | Officer | 2 | $0 |
Tracee Adams Vice-Preside | OfficerTrustee | 2 | $0 |
Tiffany Fisher Treasurer | OfficerTrustee | 1 | $0 |
Nalini Gangadhar Secretary | OfficerTrustee | 1 | $0 |
John Baker Director 1 | Trustee | 1 | $0 |
Steve Schaumburg Director 1 | Trustee | 1 | $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 | $65,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,931 |
| Total Program Service Revenue | $0 |
| Investment income | $20,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,577 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $118,266 |
| 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 | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Total functional expenses | $140,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,069 |
| 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 | $1,956,179 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,976 |
| Total assets | $2,038,224 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,582,381 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $455,843 |
| Total liabilities and net assets/fund balances | $2,038,224 |
Grants Awarded
Over the last fiscal year, Wichita Rotary Charitable Fund Inc has awarded $116,423 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ROTARY CLUB DICTIONARY PROJECT PURPOSE: DICTIONARY PROJECT | $10,782 |
ROTARY CLUB RIF PROJECT PURPOSE: READING IS FUNDAMENT | $42,521 |
ROTARY CLUB JUNIOR ACHIEVEMENT PURPOSE: JUNIOR ACHIEVEMENT | $15,120 |
WICHITA HABITAT FOR HUMANITY PURPOSE: SUPPORT OF ORG. | $15,000 |
CAMP DESTINATION INNOVATION PURPOSE: SUPPORT ORG | $8,000 |
HUMANKIND MINISTRIES PURPOSE: SUPPORT OF ORG | $15,000 |