Las Vegas Rotary Foundation Inc

Organization Overview

Las Vegas Rotary Foundation Inc is located in Las Vegas, NV. The organization was established in 1999. 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. Las Vegas Rotary Foundation Inc 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, Las Vegas Rotary Foundation Inc generated $540.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $259.8k during the year ending 06/2022. While expenses have increased by 2.0% per year over the past 7 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.

Since 2015, Las Vegas Rotary Foundation Inc has awarded 38 individual grants totaling $690,878. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE LAS VEGAS ROTARY FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION THAT RAISES AND MANAGES FUNDS FOR THE BENEFIT OF THE COMMUNITY IN WHICH IT RESIDES. THESE FUNDS ENHANCE THE QUALITY OF LIFE THROUGH THE MISSION OBJECTIVES OF EDUCATION AND COMMUNITY SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY SERVICES - TO PROVIDE DONATIONS TO LAS VEGAS AREA CHARITIES THAT ASSIST WITH THE WELFARE OF UNDERPRIVELEGED YOUTH.


SANTA CLOTHES - PURCHASE CLOTHING FOR UNDERPRIVELEGED YOUTH.


SPREAD THE WORD NEVADA & TOGETHER WE READ PROGRAM - BOTH ADVANCING CHILDHOOD LITERACY THROUGH BOOK DONATIONS IN LOW-INCOME COMMUNITIES


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Board, Officers & Key Employees

Name (title)Compensation
Gary Vause
President
$0
Bill Stieren
Vice Preside
$0
Pete Samuolis
Treasurer
$0
James Kohl
Secretary
$0
Bob Werner
Immed Past P
$0
Rosalee Hedrick
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$10,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$338,029
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$348,029
Total Program Service Revenue$0
Investment income $52,361
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $118,164
Net Income from Fundraising Events $15,858
Net Income from Gaming Activities $6,239
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $540,651

Grants Awarded

Over the last fiscal year, Las Vegas Rotary Foundation Inc has awarded $84,918 in support to 5 organizations.

Grant RecipientAmount

SPREAD THE WORD NEVADA

Org PageRecipient Profile

Henderson, NV

PURPOSE: COMMUNITY SERVICES

$27,000

ROTARY DISTRICT 5300

Org PageRecipient Profile

San Marino, CA

PURPOSE: COMMTY & INTL SERVCS

$26,125

SALVATION ARMY

PURPOSE: FOOD DRIVE

$13,358

PUBLIC EDUCATION FOUNDATION

Org PageRecipient Profile

Las Vegas, NV

PURPOSE: COMMUNITY SERVICES

$12,435

FOUNDATION FOR AN INDEPENDENTTOMORROW

Org PageRecipient Profile

Las Vegas, NV

|

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Las Vegas Rotary Foundation Inc has recieved totaling $35,977.

Awarding OrganizationAmount
Engelstad Fam Foundation

Las Vegas, NV

PURPOSE: PROGRAM SUPPORT

$18,500
Speedway Childrens Charities

Concord, NC

PURPOSE: EDUCATIONAL

$10,000
Community Foundation For Southeast Michigan

Detroit, MI

PURPOSE: FOUNDATION FOR AN INDEPENDENT TOMORROW

$6,000
Shell Oil Company Foundation

Houston, TX

PURPOSE: MG

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$477
View Grant Recipient Profile

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