Skip to content
Nonprofiteer
← SAN MATEO ROTARY FOUNDATION

Form 990 for tax year 2022

Filed by SAN MATEO ROTARY FOUNDATION.

Totals

Total revenue
$233,859
Total expenses
$243,289
Contributions and grants received
$150,200
Grants paid
$225,185
Program service revenue
$0
Investment income
$83,659
Other revenue
$0
Total assets, end of year
$1,794,427
Total liabilities, end of year
$360,604
Net assets or fund balances, end of year
$1,433,823
Program services expenses (Part IX)
$225,185
Management and general expenses
$18,104
Fundraising expenses
$0
Program service expenses (Part III)
$225,185

Program services were 92.6% 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

    $150,200

  • 3 · Investment income

    total $64,687 · excluded $64,687

  • 7a · Gross sales of assets other than inventory

    securities $80,811

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

    securities $61,839

  • 7c · Gain or loss

    securities $18,972

  • 7d · Net gain or loss

    total $18,972 · related or exempt $18,972

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $56,696 · program services $56,696

  • 2 · Grants to domestic individuals

    total $168,489 · program services $168,489

  • 11c · Fees: accounting

    total $5,170 · management and general $5,170

  • 11g · Fees: other

    total $1,725 · management and general $1,725

  • 24a · Other expenses: ADVISORY FEES

    total $11,209 · management and general $11,209

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $250,539 · end of year $255,220

  • 11 · Investments: publicly traded securities

    beginning of year $1,497,805 · end of year $1,539,207

  • 25 · Other liabilities

    beginning of year $305,091 · end of year $360,604

  • 27 · Net assets without donor restrictions

    beginning of year $195,296 · end of year $185,866

  • 28 · Net assets with donor restrictions

    beginning of year $1,247,957 · end of year $1,247,957

Mission and programs · 2022

Mission

SUPPORT PORGRAMS FOR YOUTH, EDUCATIONAL OPPORTUNITIES AND INTERANTIONAL EXCHAGNES FOR STUDENTS, TEACHERS, AND OTHER PROFESSIONALS. "SERVICE ABOVE SELF"

Activities or mission (Part I)

TO SUPPORT ORGANIZATIONS AND ACTIVITIES WHICH IMPROVE AND PROMOTE THE LOCAL COMMUNITY'S WELFARE.

  • SCHOLARSHIP AWARDS TO LOCAL HIGH SCHOOL AND COMMUNITY COLLEGE STUDENTS.

    Expenses $168,489 · Grants $168,489

  • INCENTIVE SCHOLARSHIPS TO MIDDLE SCHOOL STUDENTS PAYABLE UPON COLLEGE MATRICULATION.

    Expenses $39,764 · Grants $39,764

  • DONATIONS TO INTERNATIONAL ORGANIZATIONS.

    Expenses $16,932 · Grants $16,932

As filed on the 2022 return.

Listed in Part VII

  • Dick Bennett

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • John Barrett

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    5

  • Bill Walters

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Matt Lau

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Ross Moilan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Chris Eckert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mitch Postel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Dave Bennett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Erin Sinclair

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Rod Linhares

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Sunny Arora

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Joan Rosas

    DIRECTOR

    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

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401359349307275

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.