Union City Rotary Foundation Inc

Organization Overview

Union City Rotary Foundation Inc is located in Union City, TN. The organization was established in 1983. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union City Rotary 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, Union City Rotary Foundation Inc generated $493.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $560.3k during the year ending 06/2022. While expenses have increased by 9.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO AWARD SCHOLARSHIP TO ADVANCE HIGHER EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AWARDED


THIS IS FOR THE DONATION OF BOOKS TO LOCAL CHILDREN AGE 1-5.


ABROAD PROGRAM


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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$342,570
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$342,570
Total Program Service Revenue$0
Investment income $150,438
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 $493,008

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Union City Rotary Foundation Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Community Foundation Of Greater Memphis Inc

Memphis, TN

PURPOSE: GENERAL OPERATIONAL SUPPORT

$1,000
View Grant Recipient Profile

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