Loveland Rotary Club Foundation

Organization Overview

Loveland Rotary Club Foundation is located in Loveland, CO. The organization was established in 1984. 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. Loveland 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 12/2023, Loveland Rotary Club Foundation generated $176.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $344.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Loveland Rotary Club Foundation has awarded 26 individual grants totaling $1,038,206. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO FURTHER THE PHILANTHROPIC ACTIVITIES OF THE LOVELAND ROTARY CLUB BY CONTRIBUTING TO HEALTH, EDUCATION AND YOUTH PROJECTS IN THE COMMUNITY AND INTERNATIONALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES FUNDS FOR VARIOUS PROJECTS IN THE COMMUNITY.


THE FOUNDATION PURCHASES DICTIONARIES, CHROME BOOKS, AND IPADS AND GIVES THEM TO GRADE SCHOOLS IN THE R2J SCHOOL DISTRICT.


EVERY YEAR THE FOUNDATION SELECTS A NUMBER OF HIGH SCHOOL SENIORS TO RECEIVE AN ACADEMIC SCHOLARSHIP FOR COLLEGE. ONCE SELECTED THE STUDENT RECEIVES THE PAYMENT EACH YEAR FOR 4 YEARS.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Bouchard
Chair
$0
Suzanne Peterson
Finance Officer
$0
John Kindschy
Trustee
$0
Rick Parker
Trustee
$0
John Curtis
Trustee
$0
Gary Small
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$37,038
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$54,168
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$91,206
Total Program Service Revenue$0
Investment income $76,801
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,660
Net Income from Fundraising Events $220
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $176,887

Grants Awarded

Over the last fiscal year, Loveland Rotary Club Foundation has awarded $304,984 in support to 5 organizations.

Grant RecipientAmount

PULLIAM COMMUNITY BUILDING FO

PURPOSE: Building fund

$175,000

THOMPSON SCHOOL DISTRICT R2J

PURPOSE: Education

$33,829

THOMPSON EDUCATION ASSOCIATIO

PURPOSE: College Scholarship

$77,455

ROCKY MOUNTAIN RYLA

PURPOSE: RYLA Tuition

$6,200

KIDSPAK

PURPOSE: Hunger Relief

$12,500
View Grant Profile

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Project H O M E
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Wickenburg Community Services Corporation
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