Silverdale Rotary Club Foundation

Organization Overview

Silverdale Rotary Club Foundation is located in Silverdale, WA. The organization was established in 1995. 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. Silverdale 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 06/2022, Silverdale Rotary Club Foundation generated $115.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $99.7k during the year ending 06/2022. While expenses have increased by 3.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY, INTERNATIONAL AND VOCATIONAL SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY SERVICES - FINANCIAL SUPPORT OF LOCAL CHARITIES. MEMBERS ALSO PROVIDE SERVICES, VOLUNTEER LABOR AND SUPPLIES FOR LOCAL SERVICE PROJECTS.


YOUTH AND VOCATIONAL SERVICES - PROVIDED SCHOLARSHIPS AND RECOGNITION TO LOCAL STUDENTS, TEACHERS AND MILITARY MEMBERS TO ENHANCE EDUCATIONAL OPPORTUNITIES AND PROMOTE COMMUNITY SERVICE.


INTERNATIONAL SERVICES - PROVIDED FINANACIAL SUPPORT TO INTERNATIONAL CHARITABLE PROJECTS TO PROMOTE INTERNATIONAL GOODWILL.


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Board, Officers & Key Employees

Name (title)Compensation
Erin Shannon
Secretary
$0
Elayne Burton
Treasurer
$0
Nancy Whitaker
Board Member
$0
Cathy Bisaillon
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$119,757
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,366
Noncash contributions included in lines 1a–1f $63,133
Total Revenue from Contributions, Gifts, Grants & Similar$134,123
Total Program Service Revenue$0
Investment income $9,084
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $16,985
Net Income from Fundraising Events -$44,775
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $115,417

Grants Awarded

Over the last fiscal year, Silverdale Rotary Club Foundation has awarded $15,487 in support to 2 organizations.

Grant RecipientAmount

EAST BREMERTON ROTARY FOUNDATION

Org PageRecipient Profile

Bremerton, WA

PURPOSE: Provide free dictionaries to local students

$9,647

CENTRAL KITSAP FOOD BANK

Org PageRecipient Profile

Silverdale, WA

PURPOSE: Provide funds for food assistance to local residents in need

$5,840
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Silverdale Rotary Club Foundation has recieved totaling $150.

Awarding OrganizationAmount
Jp Morgan Chase Foundation

New York, NY

PURPOSE: CHARITABLE PROGRAM ACTIVITIES SUPPORT

$150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$384,302
Earnings-$37,798
Admin Expense$2,472
Other Expense$9,500
Ending Balance$334,532

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