Foundation Of The Rotary Club Of Hillsboro
- Assets
- $257.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsboro, OR
- Founding
- 12/1974
- Data as of
- 06/2023
- EIN
- 93-6096495
Organization Overview
Foundation Of The Rotary Club Of Hillsboro is located in Hillsboro, OR. The organization was established in 1974. 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. Foundation Of The Rotary Club Of Hillsboro 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 06/2023, Foundation Of The Rotary Club Of Hillsboro generated $71.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $23.5k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION AWARDS SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS AND PROVIDES FINANCIAL SUPPORT TO OTHER ROTARY ORGANIZATIONS AND PUBLIC CHARITIES.
Describe the Organization's Program Activity:
Part 3
PROVIDED FINANCIAL SUPPORT TO OTHER ROTARY ORGANIZATIONS AND PUBLIC CHARITIES.
PROVIDED SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leon Thompson Treasurer | 3.5 | $0 | |
Beth Hardy Director | 0.5 | $0 | |
Bill Cunningham Director | 0.5 | $0 | |
Bill Ganger Director | 0.5 | $0 | |
Bob Rollinger Director | 0.5 | $0 | |
Dick Stenson Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,998 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,092 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $51,999 |
| Other Revenue | $0 |
| Total Revenue | $71,089 |
| 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 | $866 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $77 |
| Other expenses | $5,810 |
| Total expenses | $23,519 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $257,565 |
| Other assets | $0 |
| Total assets | $257,565 |
| Total liabilities | $1,999 |
| Net assets or fund balances | $255,566 |
Grants Awarded
Over the last fiscal year, Foundation Of The Rotary Club Of Hillsboro has awarded $147,400 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY JUSTICE CENTER OF WASH PURPOSE: Reduce domestic violence | $7,400 |
HILLSBORO COMMUNITY FOUNDATIO PURPOSE: Fund scholarships and charitable | $140,000 |