The Brentwood Rotary Club Charitable Foundation
- Assets
- $418.6k
- Revenue
- $176.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 10/1996
- Data as of
- 06/2021
- EIN
- 62-1654587
Organization Overview
The Brentwood Rotary Club Charitable Foundation is located in Brentwood, TN. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Brentwood Rotary Club 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 06/2021, Brentwood Rotary Club Charitable Foundation generated $176.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $91.6k during the year ending 06/2021. While expenses have increased by 10.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PERFORM AND SUPPORT CHARITABLE ACTIVITIES PROMOTING WELFARE IN THE BRENTWOOD, TENNESSEE AREA AND INTERNATIONALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING FOR THE CITY OF BRENTWOOD, TN INCLUSIVE PLAYGROUND.
PANCAKE DAY PROCEEDS AND MEMBER FOUNDATION DRIVE BENEFITTING LOCAL AREA SCHOOLS AND SCHOLARSHIP RECIPIENTS AND OTHER LOCAL CHARITABLE ORGANIZATIONS.
BRENTWOOD ROTARY GOLF CLASSIC BENEFITTING AGAPE, HEALING HOUSINGS, INC., HIGH HOPES DEVELOPMENT CENTER, AND OTHER ROTARY PARTNERS.
PAYMENTS TO ROTARY INTERNATIONAL FOUNDATION FOR POLIO PLUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Kain President | Officer | 3 | $0 |
Tom Carr President-Elect | Officer | 1 | $0 |
Stephen Passen Treasurer | Officer | 3 | $0 |
Sarah Johnson Immediate Past President | Officer | 1 | $0 |
Betsy Crossley Secretary | Officer | 3 | $0 |
Keely Hall Chair | Trustee | 3 | $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 | $130,605 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,605 |
| Total Program Service Revenue | $0 |
| Investment income | $70 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $45,515 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $176,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $54,869 |
| Grants and other assistance to domestic individuals. | $28,500 |
| 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 | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,693 |
| 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 | $91,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $418,566 |
| Savings and temporary cash investments | $0 |
| 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 | $418,566 |
| 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 | $307,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $111,566 |
| Total liabilities and net assets/fund balances | $418,566 |
Grants Awarded
Over the last fiscal year, The Brentwood Rotary Club Charitable Foundation has awarded $54,869 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Brentwood, TN PURPOSE: CHARITABLE | $13,124 |
Americus, GA PURPOSE: CHARITABLE | $6,000 |
Nashville, TN PURPOSE: CHARITABLE | $5,000 |
Franklin, TN PURPOSE: CHARITABLE | $5,000 |
Nashville, TN PURPOSE: CHARITABLE | $5,000 |
Brentwood, TN PURPOSE: CHARITABLE | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Brentwood Rotary Club Charitable Foundation has recieved totaling $55,000.
| Awarding Organization | Amount |
|---|---|
Tractor Supply Company Foundation Brentwood, TN PURPOSE: GENERAL CHARITABLE PURPOSES | $25,000 |
Churchill Foundation Brentwood, TN PURPOSE: TO SUPPORT CHARITY | $20,000 |
Mick Foundation Brentwood, TN PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |