Bremerton Rotary Foundation is located in Bremerton, WA. The organization was established in 1984. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bremerton Rotary 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 06/2022, Bremerton Rotary Foundation generated $141.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $76.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY SERVICE: THE FOUNDATION PROVIDES GRANTS TO COMMUNITY WELFARE AGENCIES, SCHOLARSHIPS TO HIGH SCHOOL STUDENTS,& INTERNATIONAL GRANTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS PAID TO COLLEGES ON BEHALF OF BREMERTON HIGH SCHOOL STUDENTS, AND RYLA SCHOLARSHIPS TO PACIFIC LUTHERAN UNIVERSITY
GRANTS TO BREMERTON SCHOOL DISTRICT FOR YOUTH LITERACY AND AVID PROGRAM AND FOR FACILITIES
GRANTS TO COMMUNITY WELFARE ORGANIZATIONS FOR HUMAN SERVICES IN BREMERTON & KITSAP COUNTY, WASHINGTON
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aaron Leavell President | Trustee | 2 | $0 |
Doug Berger Vice President | Trustee | 2 | $0 |
Denise Ledingham Director | Trustee | 1 | $0 |
Dennis Treger Sec-Treasurer | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $944 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $25,874 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,818 |
Total Program Service Revenue | $0 |
Investment income | $96,300 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $18,805 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $141,923 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $65,987 |
Grants and other assistance to domestic individuals. | $0 |
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 | $1,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $301 |
Office expenses | $52 |
Information technology | $1,068 |
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 | $7,452 |
Total functional expenses | $76,710 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $128,693 |
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 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $1,070,045 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,198,738 |
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 | $1,198,738 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,198,738 |
Over the last fiscal year, Bremerton Rotary Foundation has awarded $13,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Port Orchard, WA PURPOSE: HUMANITARIAN | $7,000 |
Seattle, WA PURPOSE: HUMANITARIAN | $6,000 |
Over the last fiscal year, we have identified 1 grants that Bremerton Rotary Foundation has recieved totaling $50.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Beg. Balance | $1,643,006 |
Earnings | -$533,852 |
Admin Expense | $7,452 |
Net Contributions | $3,342 |
Grants | $35,000 |
Ending Balance | $1,070,044 |
Organization Name | Assets | Revenue |
---|---|---|
Oregon-Washington Carpenters Vac-Sa V seattle, WA | $0 | $11,754,327 |
Ancient Free & Accepted Masons Of Oregon Grand Lodge Forest Grove, OR | $20,779,565 | $4,514,627 |
Elks Youth Eye Service Portland, OR | $64,197,376 | $5,570,130 |
Benevolent & Protective Order Of Elks Of The Usa Kelso, WA | $4,517,415 | $1,863,224 |
Southern Idaho Timber Protective Association Inc Mccall, ID | $2,206,172 | $1,472,716 |
Benevolent & Protective Order Of Elks Of The Usa Selah, WA | $1,291,332 | $1,357,464 |
Juneau Lodge No 700 Loyal Order Of Moose Juneau, AK | $1,623,021 | $1,328,896 |
Vancouver Moose Lodge 1774 Camas, WA | $0 | $74,589 |
Scottish Rite Foundation Of Washington Inc Kenmore, WA | $10,845,000 | $414,741 |
Order Of The Eastern Star Of Washington Vancouver, WA | $114,611 | $7,708 |
Benevolent & Protective Order Of Elks Of The Usa Oregon City, OR | $1,801,955 | $515,915 |
Ancient & Accepted Scottish Rite Of Free Masonry Southern Juri Of Usa Shoreline, WA | $13,287,113 | $988,060 |