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Nonprofiteer
← ROTARY DISTRICT 671 FOUNDATION INC

Form 990 for tax year 2022

Filed by ROTARY DISTRICT 671 FOUNDATION INC.

Totals

Total revenue
$43,681
Total expenses
$452,467
Contributions and grants received
$31,843
Grants paid
$447,504
Program service revenue
$0
Investment income
$11,838
Other revenue
$0
Total assets, end of year
$339,889
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$339,889
Program services expenses (Part IX)
$452,467
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$452,467

Program services were 100.0% 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

    $31,843

  • 3 · Investment income

    total $8,974 · related or exempt $8,974

  • 7a · Gross sales of assets other than inventory

    securities $22,089

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

    securities $19,225

  • 7c · Gain or loss

    securities $2,864

  • 7d · Net gain or loss

    total $2,864 · related or exempt $2,864

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $447,504 · program services $447,504

  • 11c · Fees: accounting

    total $2,000 · program services $2,000

  • 11f · Fees: investment management

    total $2,933 · program services $2,933

  • 24a · Other expenses: BANK FEES

    total $30 · program services $30

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $473,551 · end of year $73,894

  • 11 · Investments: publicly traded securities

    beginning of year $270,924 · end of year $265,995

  • 27 · Net assets without donor restrictions

    beginning of year $744,475 · end of year $339,889

Mission and programs · 2022

Mission

TO ACT AS A CONDUIT TO ASSIST THE ROTARY CLUBS OF DISTRICT 671 TO ACCOMPLISH THEIR CHARITABLE FUNCTIONS.

Activities or mission (Part I)

DISTRICT 671 ROTARY FOUNDATION, INC. (THE "CORPORATION") SHALL HOLD THE TITLE TO ALL CORPORATE PROPERTY OF THE CORPORATION ("CORPORATE PROPERTY") AND SHALL HOLD, INVEST, MANAGE AND ADMINISTER THE CORPORATE PROPERTY FOR THE FURTHERANCE OF ANY PHILANTHROPIC, CHARITABLE, EDUCATIONAL OR OTHER ELEEMOSYNARY PURPOSE, OBJECT, MOVEMENT, OR INSTITUTION, SPONSORED OR APPROVED BY ROTARY INTERNATIONAL OR ROTARY DISTRICT 6710.

  • THE ORGANIZATION COLLECTED DONATIONS AND ISSUED GRANTS TO INDIVIDUALS, VARIOUS OTHER ROTARY CLUBS, AND OTHER CHARITABLE ORGANIZATIONS TO BE USED FOR RELIEF AFTER DAMAGE CAUSED BY TORNADOES IN WESTERN KENTUCKY AND FLOODING IN EASTERN KENTUCKY.

    Expenses $429,707 · Grants $427,677

  • THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

    Expenses $22,760 · Grants $19,827 · Revenue $11,838

As filed on the 2022 return.

Listed in Part VII

  • Woody Northrup

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • David L Weller

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Steven B Shultz

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Stuart Alexander

    MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Michael T Owsley

    CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Jayne C Crisp

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Jo An Hepperman

    SECRETARY

    Total calculated
    $0
    Hours/week
    0
  • Otha Ray Stearman

    TREASURER

    Total calculated
    $0
    Hours/week
    0

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

  • ROTARY CLUB OF DAWSON SPRINGS

    $93,461

    DISASTER RELIEF FURNITURE, BARBEQUE PITS REPAIR, ELEMENTARY SCHOOL SUPPLIES, HIGH SCHOOL SUPPLIES, FURNITURE VOUCHERS, COMMUNITY CENTER TABLES AND CHAIRS, AND REBUILD TRAILTOWN GROUP PAVILION

  • ROTARY CLUB OF BOWLING GREEN

    $79,000

    DISASTER RELIEF, CLEAN-UP VAN METER ROAD, JENNINGS CREEK REMEDIATION, AFRICAN AMERICAN MUSEUM PROJECT, JENNINGS CREEK CREEKSIDE CLASSROOM, JENNINGS CREEK STREAM EDUCATION, JENNINGS CREEK STREAM RESTORATION, AND CLIMATE RESILINCE

  • BUILD A BED PROGRAM, CHILD CARE CENTER FENCING FOR PLAY YARD, APPLIANCES FOR FAMILIES, FURNITURE FOR HOMES, AND HELPING CHILDREN COPE WITH FEAR OF WEATHER PROGRAM

  • FURNITURE FOR HOMES, CASE WORKER CONSULTING SERVICES, RESTAURANT TABLES & CHAIRS, APPLIANCES FOR HOMES, AND CONSTRUCTION MANAGEMENT SERVICES

  • ROTARY CLUB OF MARSHALL COUNTY

    $40,000

    CLOTHES FOR KIDS, BED MINISTRY, TREE PROJECT, AND COMMUNITY STORM SHELTER

  • ROTARY CLUB OF HICKMAN

    $38,104

    FURNITURE AND APPLIANCES, HENDERSON HOME, DISASTER RELIEF HOME, FULTON CO FIRE AND RESCUE

  • ROTARY CLUB OF LEBANON

    $30,000

    DEBRIS REMOVAL

  • ROTARY CLUB OF PROSPECT GOSHEN & S OLDHAM

    $20,000

    GRIEF SYMPOSIUM AND SYMPOSUIM FOR HIGH SCHOOL JUNIORS.

  • ROTARY CLUB OF MADISONVILLE

    $17,161

    APPLIANCE GRANT AND HOPKINS CO ASSISTANCE FOR BEDS

  • ROTARY CLUB OF PIKEVILLE

    $10,000

    EASTERN KY FLOOD RELIEF

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

Provenance

Return type
form_990
Tax year
2022
Filed
13 February 2024
IRS schema version
2022v5.0
Source object
202440469349302944

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

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