Culver City Rotary Community Foundation

Organization Overview

Culver City Rotary Community Foundation is located in Culver City, CA. The organization was established in 1987. According to its NTEE Classification (T31) the organization is classified as: Community 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. Culver City Rotary Community 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, Culver City Rotary Community Foundation generated $832.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.2% each year . All expenses for the organization totaled $153.1k during the year ending 06/2022. While expenses have increased by 6.8% 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.

Since 2019, Culver City Rotary Community Foundation has awarded 37 individual grants totaling $300,099. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE CULVER CITY ROTARY COMMUNITY FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT ON A CONTINUING BASIS FOR LOCAL CHARITABLE ORGANIZATIONS AND TO FUND HUMANITARIAN PROJECTS THAT PROMOTE EDUCATION OR SOCIAL WELFARE PURPOSES. THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION SUPPORTED SOLELY BY CONTRIBUTIONS FROM MEMBERS OF THE ROTARY CLUB OF CULVER CITY AND FRIENDS OF THE FOUNDATION WHO SHARE THE ROTARY VISION OF WORLD UNDERSTANDING, GOODWILL, AND PEACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY SERVICE: THE FOUNDATION SPONSORS AND SUPPORTS VARIOUS COMMUNITY SERVICE PROGRAMS, SUCH AS: 1) THE CULVER CITY SCHOOL WEEKEND BACKPACK PROGRAM, WHICH PROVIDES BACKPACKS FILLED WITH FOOD FOR DISADVANTAGED YOUTH, 2) THE CULVER CITY TEEN CENTER, 3) THE CULVER CITY COMMUNITY SCHOLARSHIP FUND THAT AWARDS SCHOLARSHIPS TO HIGH SCHOOL GRADUATES TO CONTINUE THEIR EDUCATION, 4) THE CULVER-PALMS YMCA WHO WORK TO ENRICH THE LIVES OF FAMILIES IN THE COMMUNITY, AND 5) THE LOCAL BOY SCOUT TROUP AND CULVER CITY HIGH SCHOOL STUDENT CLUBS THAT PROVIDE VARIOUS SERVICES THROUGHOUT THE COMMUNITY AND TEACHES THEIR PARTICIPANTS LEADERSHIP AND LIFE SKILLS.


INTERNATIONAL SERVICE: THE FOUNDATION ACTIVELY PARTICIPATES IN STUDENT AND GROUP STUDY EXCHANGE PROGRAMS WITH AUSTRALIA, INDIA, AND JAPAN BY SPONSORING, HOSTING, AND ARRANGING FOR PARTICIPANTS TO TRAVEL TO, AND LEARN ABOUT, OTHER COUNTRIES AND CULTURES. THE FOUNDATION HAS ALSO PROVIDED FUNDING FOR ROTARY INTERNATIONAL'S HUMANITARIAN AID PROJECTS, SUCH AS THEIR POLIO PLUS CAMPAIGN TO ERADICATE POLIO WORLDWIDE AND PROVIDE CORRECTIVE SURGERY TO POLIO VICTIMS AND THEIR WHEELCHAIR PROJECT AND MEDICAL CLINICS IN DEVELOPING COUNTRIES.


YOUTH SERVICE: THE FOUNDATION SUPPORTS VARIOUS CULVER CITY SCHOOL DISTRICT PROGRAMS IN THEIR GRADES K-12, INCLUDING THE DICTIONARY PROJECT, THE INTERACT CLUB'S FOOD DRIVES, AND OTHER INTRAMURAL HIGH SCHOOL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Charles R Perelman
President
$0
Lyn Caron
Director/treasurer
$0
Carmela Raack
Secretary
$0
Janet Chabola
Director
$0
Keith Jones
Director
$0
Rod Miyata
Director
$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$129,920
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$129,920
Total Program Service Revenue$0
Investment income $357,568
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $345,396
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $832,884

Grants Awarded

Over the last fiscal year, Culver City Rotary Community Foundation has awarded $60,965 in support to 8 organizations.

Grant RecipientAmount

CULVER-PALMS FAMILY YMCA

PURPOSE: ANNUAL OPERATING SUPPORT

$10,400

ROTARY INTERNATIONAL DISTRICT 5280

PURPOSE: TO SUPPORT HUMANITARIAN AND COMMUNITY AID

$9,485

BOYS SCOUTS OF AMERICA

PURPOSE: TO SUPPORT YOUTH CAMP AND CAMPERSHIP FUND

$5,580

EXCHANGE CLUB OF CULVER CITY

PURPOSE: TO SUPPORT FEED CULVER PROGRAM

$5,000

CULVER CITY UNIFIED SCHOOL DISTRICT

PURPOSE: TEACHER GRANTS FOR CLASSROOM PROJECTS

$8,000

GRACE DINER

PURPOSE: GENERAL SUPPORT FOR PROVIDING MEALS AND MEDICAL/DENTAL SERVICES TO UNDERSERVED COMMUNITIES

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
Arizona Community Foundation
Phoenix, AZ
$211,703,650
Hawaii Community Foundation
Honolulu, HI
$128,317,869
Orange County Community Foundation
Irvine, CA
$121,228,987
Community Foundation For Monterey County
Monterey, CA
$85,155,926
Inland Empire Community Foundation
Riverside, CA
$41,121,733
Santa Barbara Foundation
Santa Barbara, CA
$65,112,090
Sacramento Region Community Foundation
Sacramento, CA
$65,791,697
Liberty Hill Foundation
Los Angeles, CA
$27,591,849
Community Foundation Santa Cruz County
Aptos, CA
$50,381,031
Sonoma County Community Foundation
Santa Rosa, CA
$38,302,725
Community Foundation Of San Benito County
Hollister, CA
$12,281,339
Jewish Community Foundation Of Southern Arizona
Tucson, AZ
$10,195,518
North Valley Community Foundation
Chico, CA
$16,028,341
Community Foundation For Southern Arizona
Tucson, AZ
$37,444,566
International Community Foundation
National City, CA
$19,429,051
Community Foundation Of Northern Nevada
Reno, NV
$18,103,592
Humboldt Area Foundation
Bayside, CA
$19,202,493
Ventura County Community Foundation
Camarillo, CA
$17,600,438
Rancho Santa Fe Foundation
Rancho Santa Fe, CA
$15,000,167
Nevada Community Foundation Inc
Las Vegas, NV
$69,619,926
Jewish Community Foundation Of Orange County
Irvine, CA
$13,318,039
Oregon Jewish Community Foundation
Portland, OR
$8,692,513
Pasadena Community Foundation
Pasadena, CA
$16,535,916
Old Pueblo Community Services
Tucson, AZ
$9,399,057
Stanislaus Community Foundation
Modesto, CA
$9,158,822

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