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← STAMFORD ROTARY TRUST FUND

Form 990 for tax year 2023

Filed by STAMFORD ROTARY TRUST FUND.

Totals

Total revenue
$602,283
Total expenses
$168,768
Contributions and grants received
$556,153
Grants paid
$118,000
Program service revenue
$0
Investment income
$46,130
Other revenue
$0
Total assets, end of year
$1,850,740
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,850,740
Program services expenses (Part IX)
$142,934
Management and general expenses
$25,834
Fundraising expenses
$0
Program service expenses (Part III)
$142,934

Program services were 84.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $556,153

  • 3 · Investment income

    total $43,112 · excluded $43,112

  • 7a · Gross sales of assets other than inventory

    securities $407,850

  • 7b · Less cost or other basis and sales expenses

    securities $404,832

  • 7c · Gain or loss

    securities $3,018

  • 7d · Net gain or loss

    total $3,018 · excluded $3,018

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $18,000 · program services $18,000

  • 2 · Grants to domestic individuals

    total $100,000 · program services $100,000

  • 11c · Fees: accounting

    total $9,592 · management and general $9,592

  • 11f · Fees: investment management

    total $13,494 · management and general $13,494

  • 13 · Office expenses

    total $2 · management and general $2

  • 23 · Insurance

    total $1,604 · management and general $1,604

  • 24a · Other expenses: OPERATION WARM/WINTER C

    total $8,755 · program services $8,755

  • 24b · Other expenses: INTERNATIONAL/GLOBAL PR

    total $8,700 · program services $8,700

  • 24c · Other expenses: DICTIONARY PROJECT

    total $4,753 · program services $4,753

  • 24d · Other expenses: AWARDS LUNCHEON

    total $2,726 · program services $2,726

  • 24e · All other expenses

    total $1,142 · management and general $1,142

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,510 · end of year $11,936

  • 2 · Savings and temporary cash investments

    beginning of year $186,871 · end of year $613,562

  • 12 · Investments: other securities

    beginning of year $1,110,705 · end of year $1,225,242

  • 27 · Net assets without donor restrictions

    beginning of year $1,306,086 · end of year $1,850,740

Mission and programs · 2023

Mission

EDUCATIONAL SCHOLARSHIPS AND CHARITABLE CONTRIBUTIONS

  • EDUCATIONAL SCHOLARSHIPS FOR GRADUATING SENIORS WHO ARE RESIDENTS OF STAMFORD, STUDENT AWARDS, AND THE ADMINISTRATION OF THIS PROGRAM.

    Expenses $102,726 · Grants $100,000

  • CONTRIBUTIONS TO ORGANIZATIONS AND PROJECTS THAT EXCLUSIVELY SUPPORT EDUCATIONAL, CHARITABLE, SCIENTIFIC AND LITERARY PURPOSES THAT SERVE THE COMMUNITIES OF STAMFORD, GREENWICH, DARIEN AND NEW CANAAN, CONNECTICUT. THESE CONTRIBUTIONS FALL INTO THREE CATEGORIES: 1) COMMUNITY GRANTS, 2) COMMUNITY/DISTRICT PROJECTS, AND 3) INTERNATIONAL/GLOBAL PROJECTS. PROGRAM EXPENSES ALSO INCLUDES THE ADMINISTRATION OF THIS PROGRAM.

    Expenses $26,700 · Grants $18,000

  • PROGRAMS AND PROJECTS SUPPORTED AND ADMINISTERED BY THE ROTARY TRUST FUND THAT SUPPORT CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING THE DICTIONARY PROJECT (PROVIDING DICTIONARIES TO STUDENTS IN THE STAMFORD SCHOOL SYSTEM) AND OPERATION WARM/WINTER COATS.

    Expenses $13,508

As filed on the 2023 return.

Listed in Part VII

  • Matthew Stendardi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Alice Knapp

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Christopher Farrugio

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Vanessa Love

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • William Tone

    TRUSTEE, CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Allan Lang

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202541349349306719

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