Austin Rotary Club Foundation is located in Austin, TX. The organization was established in 1984. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Rotary Club 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, Austin Rotary Club Foundation generated $428.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $140.0k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING THE COMMUNITY WITH COLLEGE SCHOLARSHIPS TO DESERVING YOUNG PEOPLE, CAMP ENTERPRISE WHICH TEACHES HIGH SCHOOL STUDENTS ABOUT FREE ENTERPRISE, ASSISTING THE HELPING HAND HOME FOR CHILDREN, PARTNERING WITH FULMORE MIDDLE SCHOOL IN A MENTOR PROGRAM AND OTHER PROGRAMS WHOSE PRIMARY MISSION IS ASSISTANCE TO OTHERS IN NEED OF SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR COLLEGE STUDENTS
OTHER PROGRAMS SUPPORTING YOUTH IN CENTRAL TEXAS
SUPPORT FOR THE HELPING HAND HOME FOR CHILDREN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leslie Bagby Trustee | Trustee | 1 | $0 |
Vicky Lindsey Trustee | Trustee | 1 | $0 |
Tillery Castillo Trustee | Trustee | 1 | $0 |
Michele Heyman Treasurer | OfficerTrustee | 1 | $0 |
Jack Nash Trustee | Trustee | 1 | $0 |
Darrick Eugene Trustee | Trustee | 1 | $0 |
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 | $152,950 |
Noncash contributions included in lines 1a–1f | $59,218 |
Total Revenue from Contributions, Gifts, Grants & Similar | $152,950 |
Total Program Service Revenue | $0 |
Investment income | $275,375 |
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 | $428,325 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $63,150 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,763 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $41,322 |
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 | $6,853 |
Total functional expenses | $139,963 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,067 |
Savings and temporary cash investments | $73,077 |
Pledges and grants receivable | $8,350 |
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 | $2,000 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $2,471,610 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,590,104 |
Accounts payable and accrued expenses | $115,928 |
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 | $115,928 |
Net assets without donor restrictions | $245,528 |
Net assets with donor restrictions | $2,228,648 |
Capital stock or trust principal, or current funds | $0 |
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 | $2,590,104 |