Rotary Childrens Fund
- Assets
- $2.7m
- Revenue
- $658.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Fort Worth, TX
- Founding
- 03/1962
- Data as of
- 06/2021
- EIN
- 75-6026085
Organization Overview
Rotary Childrens Fund is located in Fort Worth, TX. The organization was established in 1962. 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. Rotary Childrens Fund 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, Rotary Childrens Fund generated $658.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 55.4% each year . All expenses for the organization totaled $65.1k during the year ending 06/2021. While expenses have increased by 6.9% 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
THE ROTARY CHILDREN'S FUND SUPPORTS BENEVOLENT, CHARITABLE, EDUCATIONAL OR RESEARCHED BASED ORGANIZATIONS WITH PARTICULAR EMPHASIS ON THE MEDICAL, EDUCATIONAL AND OTHER NEEDS OF CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ROTARY CLUB OF FORT WORTH CHILDREN'S FUND SUPPORTS BENEVOLENT, CHARITABLE, EDUCATIONAL OR RESEARCH BASED ORGANIZATIONS WITH PARTICULAR EMPHASIS ON THE MEDICAL AND OTHER NEEDS OF CHILDREN.
THE ROTARY CLUB OF FORT WORTH CHILDREN'S FUND SUPPORTS BENEVOLENT, CHARITABLE, EDUCATIONAL OR RESEARCH BASED ORGANIZATIONS WITH PARTICULAR EMPHASIS ON THE MEDICAL AND OTHER NEEDS OF CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Lewis President | OfficerTrustee | 10 | $0 |
Joseph Michels Treasurer | OfficerTrustee | 1 | $0 |
Rebecca Montgomery Secretary | OfficerTrustee | 1 | $0 |
Shawn Snell President El | OfficerTrustee | 1 | $0 |
Blake Moorman Vice Preside | OfficerTrustee | 1 | $0 |
Bill Fairley Sergeant-At | OfficerTrustee | 1 | $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 | $22,785 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,785 |
| Total Program Service Revenue | $0 |
| Investment income | $635,213 |
| 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 | $657,998 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,430 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $1,637 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,000 |
| 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 | $65,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,139 |
| 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 | $2,658,601 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,140 |
| Total assets | $2,669,880 |
| 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 | $2,075 |
| Total liabilities | $2,075 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $2,667,805 |
| 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 | $2,669,880 |
Grants Awarded
Over the last fiscal year, Rotary Childrens Fund has awarded $37,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Worth, TX PURPOSE: Childcare for homeless children | $5,000 |
Fort Worth, TX PURPOSE: Evaluation program for reading abilities | $5,000 |
Fort Worth, TX PURPOSE: Childrens Program | $5,000 |
Fort Worth, TX PURPOSE: Summer Enrichment Program | $5,000 |
Fort Worth, TX PURPOSE: Funding for Womens & Children program | $3,000 |
Fort Worth, TX PURPOSE: Scholarships and instruments for low inc | $2,500 |
Endowment Analysis
| Beg. Balance | $2,179,471 |
| Earnings | $635,214 |
| Net Contributions | $22,785 |
| Grants | $63,430 |
| Ending Balance | $2,774,039 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Order Of Odd Fellows Corsicana, TX | $11,902,878 | $2,982,220 |
Rotary Club Of San Antonio Foundation San Antonio, TX | $945,729 | $853,492 |
100 Black Men Of Metropolitian Baton Rouge Baton Rouge, LA | $674,965 | $747,137 |
Southwest District Kiwanis Foundation Las Vegas, NM | $508,418 | $758,001 |
Addison Rotary Foundation Inc Addison, TX | $32,496 | $207,163 |
Eagle Wings Ministries International Mckinney, TX | $91,486 | $413,858 |
Benevolent & Protective Order Of Elks Of The Usa Harlingen, TX | $622,524 | $411,721 |
Evergreen Associates Inc Houma, LA | $1,020,054 | $299,703 |
Ancient Free & Accepted Masons Of Oklahoma Norman, OK | $1,154,361 | $731,827 |
U S Grey Eagles Inc Fort Worth, TX | $320,174 | $0 |
Rotary Club Of Tulsa Foundation Tulsa, OK | $5,079,079 | $873,205 |
Daughters Of Esther Fellowship International Ministries Inc Bossier City, LA | $995,517 | $345,367 |