Rotary Club Of Williamsburg Foundation Inc

Organization Overview

Rotary Club Of Williamsburg Foundation Inc is located in Williamsburg, VA. The organization was established in 1998. According to its NTEE Classification (T31) the organization is classified as: Community 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 Williamsburg Foundation 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 06/2022, Rotary Club Of Williamsburg Foundation Inc generated $101.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $60.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ROTARY CLUB OF WILLIAMSBURG FOUNDATION RECEIVES AND DISTRIBUTES ALLOCATED FUNDS TO LOCAL QUALIFIED NON-PROFIT ORGANIZATIONS (OR SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONS FOR INDIVIDUALS). THE WORD "LOCAL" IS DEFINED AS SUPPORTING ORGANIZATIONS THAT DIRECTLY AFFECT RESIDENTS OF THE WILLIAMSBURG, VIRGINIA AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO STUDENTS MATRICULATING AT COLLEGES AND UNIVERSITIES.


TO PROVIDE CONTRIBUTIONS TO A VARIETY OF LOCAL NON-PROFIT ORGANIZATIONS DEDICATED TO THE ENRICHMENT OF THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
James Miles
President
$0
David Jolley
Treasurer
$0
Dick Smith
Secretary
$0
Jennifer Glass
Ex Officio
$0
John Moore
Member
$0
Bringier Mcconnell
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$20,029
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,668
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$26,697
Total Program Service Revenue$0
Investment income $5,284
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $59,738
Net Income from Fundraising Events $9,744
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $101,463

Grants Awarded

Over the last fiscal year, Rotary Club Of Williamsburg Foundation Inc has awarded $36,750 in support to 5 organizations.

Grant RecipientAmount

ASPIRE- WILLIAMSBURG CHAMBER

PURPOSE: SUPPORT

$6,750

AVALON CENTER FOR WOMEN AND CHILDRE

PURPOSE: SUPPORT

$6,750

BACON YOUTH AND FAMILY SERVICES

PURPOSE: SUPPORT

$8,750

HERE FOR THE GIRLS

PURPOSE: SUPPORT

$6,750

LITERACY FOR LIFE

PURPOSE: SUPPORT

$7,750
View Grant Profile

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