Anchorage International Rotary Club Memorial Scholarship Fund Inc
- Assets
- $344.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 08/1995
- Data as of
- 06/2022
- EIN
- 92-0154863
Organization Overview
Anchorage International Rotary Club Memorial Scholarship Fund Inc is located in Anchorage, AK. The organization was established in 1995. 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. Anchorage International Rotary Club Memorial Scholarship Fund 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, Anchorage International Rotary Club Memorial Scholarship Fund Inc generated $17.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $11.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED TWO $1,500, TWO $2,000, AND ONE $1,650, SCHOLARSHIPS TO ANCHORAGE SCHOOL DISTRICT STUDENTS WHO OFFERED PROOF OF REGISTRATION TO POST-SECONDARY EDUCATION INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin F Fimon Chair | 0.5 | $0 | |
Alison Biss Vice Chair | 0.5 | $0 | |
Joseph Zimmermann Treasurer | 0.5 | $0 | |
Tim Trueblood Secretary | 0.5 | $0 | |
Nelson Defendorf Trustee | 0.25 | $0 | |
Ray Ellis Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,050 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,017 |
| Gain or Loss | $5,474 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,995 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $11,670 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $344,680 |
| Other assets | $0 |
| Total assets | $344,680 |
| Total liabilities | $0 |
| Net assets or fund balances | $344,680 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Spark Washington Seattle, WA | $104,693,147 | $3,230,019 |
Pwh Educational Foundation Inc Spokane, WA | $62,473,304 | $11,260,767 |
Arctic Education Foundation Anchorage, AK | $36,876,877 | $4,892,952 |
Calista Education And Culture Inc Anchorage, AK | $4,627,713 | $2,487,452 |
Kmr Group Foundation Vancouver, WA | $32,236,591 | $1,808,486 |
Aleut Foundation Anchorage, AK | $925,739 | $1,724,058 |
R Merle Palmer Minority Scholarship Foundation Tacoma, WA | $1,801,300 | $1,443,994 |
Greater Seattle Business Assoc Scholarship Fund Seattle, WA | $4,889,386 | $1,584,416 |
Clementina Foundation Point Roberts, WA | $0 | $984,643 |
Becu Foundation Tukwila, WA | $6,512,431 | $1,024,328 |
Blakemore Foundation Bellevue, WA | $7,042,231 | $805,895 |
Harvey Samuelsen Scholarship Tr Dillingham, AK | $17,904,495 | $1,624,940 |