Seattle Rotary Service Foundation
- Assets
- $1.6m
- Revenue
- $761.4k
- Investments
- $432.5k
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 08/1941
- Data as of
- 06/2021
- EIN
- 91-0612120
Organization Overview
Seattle Rotary Service Foundation is located in Seattle, WA. The organization was established in 1941. 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. Seattle Rotary Service 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 06/2021, Seattle Rotary Service Foundation generated $761.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $795.2k during the year ending 06/2021. While expenses have increased by 11.7% 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, Seattle Rotary Service Foundation has awarded 75 individual grants totaling $1,652,501. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SEATTLE ROTARY SERVICE FOUNDATION IS TO ACCOMPLISH THE GREATEST GOOD POSSIBLE IN THE LIVES OF THOSE WE HELP WITH FUNDS PROVIDED MAINLY BY MEMBERS OF THE ROTARY CLUB OF SEATTLE (SEATTLE #4).
Describe the Organization's Program Activity:
Part 3 - Line 4a
ERADICATE MALARIA: SRSF WAS SELECTED BY THE BILL & MELINDA GATES FOUNDATION TO ACT AS THE FISCAL SPONSOR TO FACILITATE PROVIDING UP TO $750,000 IN MATCHING SUPPORT FOR ROTARY MALARIA PROJECTS, IN PARTNERSHIP WITH ROTARIAN MALARIA PARTNERS, WHICH INCLUDE SUPPORTING COMMUNITY HEALTH WORKERS IN ZAMBIA, PROVIDING INDOOR MOSQUITO SPRAYING IN GHANA, AND PROVIDING MALARIA EDUCATION IN GAMBIA AND SENEGAL.
OTHER PROGRAMS: OTHER PROGRAMS ARE MIND THE GAP INTERGENERATIONAL PLAYWRITING, MUSIC4LIFE, PLAY YOUR PART ASL INTEGRATED PRODUCTION, BUSINESS MENTORS, FARESTART HOUSING FOR JOB TRAINEES, PIKE MARKET FOOD BANK NO COOK BAGS, WELLSPRING BABY BOUTIQUE, MENTORING THE NEXT GENERATION OF COMMUNITY LEADERS, CULTURALLY RELEVANT BOOKS FOR SEATTLE PUBLIC SCHOOL LIBRARIES, SCIENTIFIC TOOLS FOR ENVIRONMENTAL LEARNING AT OLYMPIC NATIONAL PARK, HONEY BEE AND POLLINATOR PROJECT AND VIVA FARMS, TINY TREES PRESCHOOL, HARVEST AGAINST HUNGER, ROTARY BOYS & GIRLS CLUB, PEACEBUILDERS, DENTAL X-RAY MACHINES FOR PRIMARY CARE CENTER IN BEIRUT, FEEDING THE NEEDY IN NEPAL, SAVE SILENT WORLD MONGOLIA, PEACETREES VIETNAM, GONAIVES CHILDREN'S HOME, CLEAN WATER AND SANITATION GUATEMALA, MWANZO EDUCATION CENTER CLASSROOM, TRUST A GIRL AFRICA, MOSQUITO VECTOR CONTROL, SHELTERBOX HERO CLUB
HOMELESSNESS OUTREACH: SRSF, IN PARTNRSHIP WITH THE DOWNTOWN SEATTLE ASSOCIATION (DSA) METROPOLITAN IMPROVEMENT DISTRICT, WAS ABLE TO HAND OUT MORE THAN 600 OUTREACH KITS TO INDIVIDUALS EXPERIENCING HOMELESSNESS IN DOWNTOWN SEATTLE WHICH SUPPLIED THEIR BASIC NEEDS FOR WARMTH AND HYGIENE. THE TEAM ALSO ASSISTED 103 INDIVIDUALS IN GETTING THE REQUIRED DOCUMENTS TO OBTAIN A WASHINGTON STATE IDENTIFICATION CARDS. AND, THEY ASSISTED 21 INDIVIDUALS TO MOVE INTO PERMANENT HOUSING BY COVERING THEIR MOVE-IN COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trish Bostrom Past President | OfficerTrustee | 1 | $0 |
Nancy Cahill President | OfficerTrustee | 0.01 | $0 |
Neil Larson Treasurer | OfficerTrustee | 1 | $0 |
Trent Mummery Trustee | Trustee | 0.01 | $0 |
Matt Albertson Trustee | Trustee | 1 | $0 |
Whitney Mason Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $748,774 |
| Investment income | $11,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $745 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $761,397 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $542,733 |
| Benefits paid to or for members | $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 | $17,246 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,378 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,612 |
| Fees for services: Other | $2,357 |
| Advertising and promotion | $0 |
| Office expenses | $5,340 |
| Information technology | $882 |
| 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 | $841 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,282 |
| All other expenses | $0 |
| Total functional expenses | $795,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,109 |
| 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 |
| Investments—publicly traded securities | $775,493 |
| Investments—other securities | $432,480 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $178,103 |
| Total assets | $1,574,185 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,574,185 |
Grants Awarded
Over the last fiscal year, Seattle Rotary Service Foundation has awarded $150,084 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: General Support | $35,702 |
Seattle, WA PURPOSE: Downtown Seattle Project | $35,000 |
Washington, DC PURPOSE: College scholarships | $28,600 |
Seattle, WA PURPOSE: Malaria Projects - Africa | $15,000 |
Seattle, WA PURPOSE: Food Collection Services | $15,000 |
Seattle, WA PURPOSE: Scholarships and Mentoring | $9,050 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Seattle Rotary Service Foundation has recieved totaling $50,041.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: MALARIA | $16,064 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; SEATTLE CHAPTERT | $13,225 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $9,750 |
Malaria Partners International Seattle, WA PURPOSE: TO SUPPORT GRANTS IN GHANA AND ZAMBIA | $7,377 |
Frederick Stearns Charitable Foundation Seattle, WA PURPOSE: FURTHER CHARITABLE GOALS | $2,500 |
Fred And Margaret Grimm Foundation Seattle, WA PURPOSE: TO SUPPORT GENERAL CHARITABLE FOUNDATIONS | $1,000 |
Endowment Analysis
| Beg. Balance | $592,208 |
| Earnings | $166,162 |
| Admin Expense | $7,934 |
| Net Contributions | $310 |
| Grants | $24,272 |
| Ending Balance | $726,474 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sightlife Seattle, WA | $23,044,860 | $16,633,348 |
Technology Access Foundation Seattle, WA | $12,276,133 | $3,880,579 |
South Eastern Idaho Community Pocatello, ID | $5,750,799 | $3,683,486 |
Family Works Seattle, WA | $2,665,626 | $3,151,440 |
Secondmuse Foundation Lake Oswego, OR | $2,254,621 | $2,298,432 |
Communities In Schools Of Renton- Tukwila Renton, WA | $2,187,162 | $3,137,824 |
Gold Bar Nature Trails Community Club Gold Bar, WA | $4,608,065 | $2,017,663 |
Center For Community Service Fund Seattle, WA | $63,241 | $1,798,281 |
Everett Rotary Youth Foundation Everett, WA | $5,251,251 | $570,441 |
Valdez Native Tribe Valdez, AK | $3,646,395 | $2,449,926 |
Mt Hood Kiwanis Camp Inc Portland, OR | $4,104,555 | $1,473,196 |
Benevolent & Protective Order Of Elks Of The Usa Hillsboro, OR | $27,412,101 | $896,930 |