Lamorinda Sunrise Endowment Fund Inc
- Assets
- $375.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, CA
- Founding
- 03/1996
- Data as of
- 06/2024
- EIN
- 68-0367042
Organization Overview
Lamorinda Sunrise Endowment Fund Inc is located in Lafayette, CA. 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. Lamorinda Sunrise Endowment 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 06/2024, Lamorinda Sunrise Endowment Fund Inc generated $82.2k 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 (12.5%) each year. All expenses for the organization totaled $65.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO RAISE, RECEIVE & DISTRIBUTE FUNDS IN FURERANCE OF THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE ROTARY CLUB OF LAMORINDA SUNRISE. IN FY 2022-23 OVER $196,000 WAS DISTRIBUTED TO OVER
Describe the Organization's Program Activity:
Part 3
PURCHASE OF A VAN FOR WHITE PONY EXPRESS.THIS WILL EXPAND WPE ABILITY TO RESCUE AND DELIVER FRESH FOOD THROUGHT CONTRA COSTA COUNTY. WPE ALREADY PROCESSES 15,000 LB OF FOOD DAILY TO PEOPLE THAT ARE IN NEED OF FRESH FOOD
AAUM STEM CONF, AFGAN REFUGE, FAMILY HARVEST FARM POLIO ERADICATION,HOME TEAM, HOPE SOLUTIONS, LN4 HANDS, MENTAL HEALTH CLINIC, PROJECT HEALING WATERS,YOUTH CAMPS, SCHOLARSHIPS,SHELTER BOX, WINTER WORKSHOP FOR KIDS TOTAL $48,958
GUATEMALA FLOORS PROJECT. CONCRETE FLOORS WILL REDUCE DISEASES CAUSED BY PARASITES FOR ~33 FAMILIES. IN GUATEMALA 49% OF THE CHILDREN SUFFER CHRONIC MALNUTRITION. BESIDES THERE IS AN ALARMING 34% CHILD MORTALITY. THIS IS FOR THE COST OF COONCRETE FLOOR. VOLUNTEERS PROVIDED THE LABOR
NURSING SCHOLARSHIPS. FUNDS WILL BE SENT TO CONTRA COSTA COMMUNITY COLLEGE TO PROVIDE SCHOLARSHIPS FOR THOSE STUDENTS DEALING WITH FINANCIAL HARDSHIPS. FUNDS WILL BE DISTRIBUTED BY THE COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Dunne President | 2 | $0 | |
Bradley Ward Treasurer | 5 | $0 | |
Mark Roberts Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,742 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $42,445 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,187 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $229 |
| Other expenses | $611 |
| Total expenses | $65,301 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $375,334 |
| Other assets | $0 |
| Total assets | $375,334 |
| Total liabilities | $113 |
| Net assets or fund balances | $375,221 |
Grants Awarded
Over the last fiscal year, Lamorinda Sunrise Endowment Fund Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CONTRA COSTA COLLEGE FOUNDATION PURPOSE: Scholarship | $10,000 |
STOVE TEAM INTERNATIONAL PURPOSE: Concrete Stoves | $10,000 |