Rotary Club Of Harrisonburg Charitable Foundation
- Assets
- $774.6k
- Revenue
- $185.8k
- Investments
- $760.9k
- Employees
- 0
- Location
- Harrisonburg, VA
- Founding
- 05/1993
- Data as of
- 06/2022
- EIN
- 54-1651493
Organization Overview
Rotary Club Of Harrisonburg Charitable Foundation is located in Harrisonburg, VA. The organization was established in 1993. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Rotary Club Of Harrisonburg 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, Rotary Club Of Harrisonburg Charitable Foundation generated $185.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $47.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rotary Club Of Harrisonburg Charitable Foundation has awarded 14 individual grants totaling $299,729. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CHARITABLE AND EDUCATIONAL PURPOSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROTARY YOUTH LEADERSHIP AWARDS THE CLUB SPONSORS UP TO 5 HIGH SCHOOL STUDENTS TO ATTEND THIS WEEKEND LEADERSHIP EVENT EACH YEAR. MORE THAN 100 YOUTH FROM THE ROTARY DISTRICT PARTICIPATE IN ACTIVITIES THAT FOCUS ON LEADERSHIP, TEAM BUILDING, ETHICS, SERVICE, AND PERSONAL DEVELOPMENT.WELL OF HOPE THE WELL OF HOPE COMMUNITIES IN KENYA PROVIDE LAND AND BUILD HOUSES FOR WIDOWS AND THEIR CHILDREN WHO ARE OTHERWISE OUTCAST BECAUSE OF COMMUNITY FEAR OF AIDS. THE CLUB PROVIDES SUPPORT TO ASSIST. FUNDED $2000.00.
STRAWBERRY FESTIVAL THIS WAS A FAMILY FUN EVENT WITH SPONSORS, DONATIONS AND SALES OF STRAWBERRY DESERTS AND ENTERTAINMENT. THE NET PROCEEDS WERE GIVEN TO HARRISONBURG/ROCKINGHAM UNITED WAY TO SUPPORT LOCAL CHILDCARE SCHOLARSHIPS.VALLEYFEST THIS WAS JOINT EVENT WITH MASSANUTTEN RESORT WITH SPONSORS, DONATIONS, BEER AND WINE SALES ALONG WITH FOOD AND ENTERTAINMENT. THE NET PROCEEDS WERE GIVEN TO HARRISONBURG/ROCKINGHAM UNITED WAY TO SUPPORT LOCAL CHILDCARE SCHOLARSHIPS.
SCHOLARSHIPS: COLLEGE SCHOLARSHIPS ARE AWARDED TO GRADUATING SENIORS AT SEVEN LOCAL HIGH SCHOOLS. SCHOLARSHIPS WERE AWARDED TO 10 STUDENTS FROM LOCAL HIGH SCHOOLS TOTALING $20,000 IN AUGUST 2021. ADDITIONALLY, THE CLUB APPROVED AN ADDITIONAL 8 SCHOLARSHIPS TOTALING $15,000 TO BE PAID OUT IN AUGUST 2022 (FY 2023).
CODE OF ETHICS AWARDS: THIRTY-FIVE LOCAL ELEMENTARY, MIDDLE, AND HIGH SCHOOLS EACH SELECT 2 STUDENTS FOR THEIR OUTSTANDING ETHICAL BEHAVIOR TO BE RECOGNIZED AT A CEREMONY WITH THE ROTARY CODE OF ETHICS AWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robyn E Neupauer Assist. Treasurer | Trustee | 2.5 | $0 |
Michael Garber Director | Trustee | 0.5 | $0 |
Michael Sharp Director | Trustee | 0.5 | $0 |
Rodney Alderfer Director | Trustee | 0.5 | $0 |
Paul Marshall Yoder Director | Trustee | 0.5 | $0 |
Tom Mendez Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $35,600 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,456 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,056 |
| Total Program Service Revenue | $0 |
| Investment income | $141,651 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,879 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $185,828 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $20,000 |
| 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 | $935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,650 |
| 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 | $47,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,138 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $600 |
| 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 | $760,867 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $774,605 |
| 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 | $774,605 |
| 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 | $774,605 |
Grants Awarded
Over the last fiscal year, Rotary Club Of Harrisonburg Charitable Foundation has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY PURPOSE: PURCHASE OF BOOKS AND EDUCATIONAL MATERIALS FOR PRESCHOOL CHILDREN WITH THE WE READ TO SUCCEED PROGRAM. | $8,000 |
CITY OF HARRISONBURG PURPOSE: DEVELOPMENT OF PICKLEBALL COMPLEX AT MORRISON PARK | $42,000 |