Modesto Rotary Club Foundation
- Assets
- $431.6k
- Revenue
- -$125.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Modesto, CA
- Founding
- 08/1977
- Data as of
- 06/2021
- EIN
- 94-2413021
Organization Overview
Modesto Rotary Club Foundation is located in Modesto, CA. The organization was established in 1977. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Modesto 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE OBJECTIVES OF THIS CORPORATION SHALL BE: TO COLLECT, RECEIVE AND SOLICIT CONTRIBUTIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND EXPENDITURES FOR YOUTH ACADEMIC, CITIZENSHIP, AND LEADERSHIP PROGRAMS. BENEFITS HUNDREDS OF STUDENTS WITH RECOGNITION OF ACHIEVEMENT IN THOSE AREAS AND ENCOURAGES STUDENTS TO STAY IN AND EXCEL IN SCHOOL.
GRANTS AND EXPENDITURES FOR COMMUNITY PROJECTS, AGENCIES, AND PROGRAMS AS WELL AS INTERNATIONAL PROJECTS. PURPOSE IS TO PROMOTE CULTURAL ACTIVITIES AND SUPPORT OTHER AGENCIES, BENEFITTING THOUSANDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Layman Trustee | OfficerTrustee | 4 | $0 |
Michelle Matos Treasurer | OfficerTrustee | 0.5 | $0 |
Patrick Dodd Trustee | Trustee | 0 | $0 |
Kate Donovan President | Trustee | 0 | $0 |
Meredith Brandsma Trustee | Trustee | 0 | $0 |
Kris Helton Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,987 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,987 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$181,479 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$125,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,000 |
| Grants and other assistance to domestic individuals. | $23,600 |
| 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 | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Total functional expenses | $98,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,253 |
| Savings and temporary cash investments | $394,924 |
| 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 | $1,397 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $431,574 |
| 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 | -$38,007 |
| Net assets with donor restrictions | $469,581 |
| 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 | $431,574 |
Grants Awarded
Over the last fiscal year, Modesto Rotary Club Foundation has awarded $15,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: MISCELLANEOUS CHARITY | $5,000 |
Sacramento, CA PURPOSE: MISCELLANEOUS CHARITY | $5,000 |
Modesto, CA PURPOSE: MISCELLANEOUS CHARITY | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Modesto Rotary Club Foundation has recieved totaling $47,831.
| Awarding Organization | Amount |
|---|---|
Stanislaus Community Foundation Modesto, CA | | $47,700 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $131 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |