Rotary Club Of Fresno Foundation
- Assets
- $2.3m
- Revenue
- $686.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 05/1987
- Data as of
- 06/2024
- EIN
- 77-0135116
Organization Overview
Rotary Club Of Fresno Foundation is located in Fresno, CA. The organization was established in 1987. According to its NTEE Classification (S80) the organization is classified as: Community 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 Club Of Fresno 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 06/2024, Rotary Club Of Fresno Foundation generated $686.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $95.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Rotary Club Of Fresno Foundation has awarded 33 individual grants totaling $523,207. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS ESTABLISHED TO RAISE FUNDS FOR THE PURPOSE OF CONTRIBUTING TO CHARITABLE AND EDUCATIONAL ORGANIZATIONS IN THE LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONTRIBUTED FUNDS TO LEADERSHIP FRESNO CLASS 35; TO READING HEART, A BOOK DONATION PROGRAM; TO LIGHTHOUSE RECOVERY CENTER FOR A HVAC SYSTEM; TO THE ROTARY CLUB OF FRESNO FOR PROJECT NINO; TO POVERELLO HOUSE TOWARD COST OF A NEW PATIO; AND TO FRESNO UNIFIED SCHOOL DISTRICT TOWARD THE COST OF FARBER CAMPUS MURAL PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Blair Looney Director | Trustee | 1 | $0 |
Michele Cantwell-Copher Vice Chair | OfficerTrustee | 1 | $0 |
Steve Canfield Chairman | OfficerTrustee | 1 | $0 |
Claude Laval III Director | Trustee | 1 | $0 |
Mike Falge Director | Trustee | 1 | $0 |
Karen Musson Director | Trustee | 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 | $614,572 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $614,572 |
| Total Program Service Revenue | $0 |
| Investment income | $80,751 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,631 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $686,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,000 |
| Grants and other assistance to domestic individuals. | $5,000 |
| 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 | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,992 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,000 |
| 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 | $95,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,386 |
| 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 | $2,309,239 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,314,625 |
| Accounts payable and accrued expenses | $15,426 |
| 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 | $15,426 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $2,299,199 |
| Total liabilities and net assets/fund balances | $2,314,625 |
Grants Awarded
Over the last fiscal year, Rotary Club Of Fresno Foundation has awarded $55,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LEADERSHIP FRESNO PURPOSE: Support of Leadership Fresno class | $15,000 |
LIGHTHOUSE RECOVERY CENTER PURPOSE: HVAC System | $10,000 |
READING HEART PURPOSE: Computer, sound equipment, trailer | $20,000 |
POVERELLO HOUSE PURPOSE: New Patio | $10,000 |