Katy Rotary Fund is located in Katy, TX. The organization was established in 1998. 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. Katy Rotary 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, Katy Rotary Fund generated $23.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $70.4k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COLLEGE SCHOLARSHIPS AND FUNDS TO ASSIST CHARITABLE ORGANIZATIONS WITH PROJECTS AFFECTING THE EDUCATION, HEALTH AND WELFARE OF CHILDREN.
Describe the Organization's Program Activity:
Part 3
COLLEGE SCHOLARSHIPS TO TWELVE KATY ISD GRADUATING STUDENTS.
CHARITABLE CONTRIBUTION TO GRACE UNITED METHODIST CHURCH IN RESPONSE TO HURRICANE HARVEY.
CHARITABLE CONTRIBUTION TO KATY VFW.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malcolm Junior President | 0 | $0 | |
Jerry Moye Director | 0 | $0 | |
Vicki Rao Treasurer | 0 | $0 | |
Jeff Thompson Vice President | 0 | $0 | |
Dusty Thiele Director | 0 | $0 | |
Callie Kuehler Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,600 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $62 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $9,106 |
Other Revenue | $0 |
Total Revenue | $23,768 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12 |
Total expenses | $70,412 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $166,022 |
Other assets | $0 |
Total assets | $166,022 |
Total liabilities | $0 |
Net assets or fund balances | $166,022 |
Over the last fiscal year, we have identified 2 grants that Katy Rotary Fund has recieved totaling $41,810.
Awarding Organization | Amount |
---|---|
Rotary International Katy, TX PURPOSE: See Pt III Line 4D | $20,905 |
Rotary International Katy, TX PURPOSE: See Pt III Line 4D | $20,905 |
Organization Name | Assets | Revenue |
---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |