Skip to content
Nonprofiteer
← SALT LAKE CITY ROTARY FOUNDATION

Form 990 for tax year 2024

Filed by SALT LAKE CITY ROTARY FOUNDATION.

Totals

Total revenue
$367,600
Total expenses
$349,486
Contributions and grants received
$161,381
Grants paid
$192,539
Program service revenue
$0
Investment income
$208,261
Other revenue
-$2,042
Total assets, end of year
$7,791,527
Total liabilities, end of year
$102,647
Net assets or fund balances, end of year
$7,688,880
Program services expenses (Part IX)
$292,208
Management and general expenses
$57,278
Fundraising expenses
$0
Program service expenses (Part III)
$292,208

Program services were 83.6% 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.

  • 1c · Fundraising events

    $42,000

  • 1f · All other contributions, gifts and grants

    $119,381

  • 3 · Investment income

    total $104,323 · excluded $104,323

  • 7a · Gross sales of assets other than inventory

    securities $879,303

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

    securities $775,365

  • 7c · Gain or loss

    securities $103,938

  • 7d · Net gain or loss

    total $103,938 · excluded $103,938

  • 8a · Fundraising events: gross income

    $4,400

  • 8a · Fundraising events: contributions included on line 1c

    $42,000

  • 8b · Fundraising events: direct expenses

    $6,442

  • 8c · Net income from fundraising events

    total -$2,042 · excluded -$2,042

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $85,185 · program services $85,185

  • 2 · Grants to domestic individuals

    total $92,354 · program services $92,354

  • 3 · Grants to foreign organizations and individuals

    total $15,000 · program services $15,000

  • 11b · Fees: legal

    total $744 · program services $744

  • 11c · Fees: accounting

    total $14,853 · management and general $14,853

  • 11f · Fees: investment management

    total $38,376 · management and general $38,376

  • 16 · Occupancy

    total $20,331 · program services $20,331

  • 22 · Depreciation, depletion and amortization

    total $76,594 · program services $76,594

  • 24a · Other expenses: SUPPLIES

    total $3,526 · management and general $3,526

  • 24b · Other expenses: CATERING

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

  • 24c · Other expenses: BANK AND MERCHANT FEES

    total $523 · management and general $523

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $457,171 · end of year $426,012

  • 3 · Pledges and grants receivable

    beginning of year $108,852 · end of year $3,234

  • 4 · Accounts receivable

    beginning of year $4,262 · end of year $125

  • 10a · Land, buildings and equipment: cost or other basis

    $3,071,428

  • 10b · Land, buildings and equipment: accumulated depreciation

    $80,145

  • 10c · Land, buildings and equipment, net

    beginning of year $3,067,877 · end of year $2,991,283

  • 11 · Investments: publicly traded securities

    beginning of year $3,864,514 · end of year $4,370,873

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,484

  • 18 · Grants payable

    beginning of year $48,409 · end of year $102,647

  • 27 · Net assets without donor restrictions

    beginning of year $7,411,896 · end of year $7,578,954

  • 28 · Net assets with donor restrictions

    beginning of year $30,887 · end of year $109,926

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION IS TO ADMINISTER FUNDS FOR SUCH CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES AS EMBRACED IN THE ACTIVITIES OF THE ROTARY CLUB OF SALT LAKE CITY.

  • SCHOLARSHIPS AND GRANTS - PROVIDED SCHOLARSHIPS TO GRADUATING SENIORS TO FURTHER THEIR EDUCATION - FUNDED EMERGENCY NEEDS TO VULNERABLE POPULATIONS. - ENCOURAGED ENVIRONMENTALLY SENSITIVE BEHAVIORS INCLUDING TREE PLANTINGS. - FUNDED HIGH SCHOOL STUDENT'S ATTENDANCE AT A YOUTH LEADERSHIP CONFERENCE HELD ANNUALLY. - FUNDED CONSTRUCTION OF WELLS, TUBERCULOSIS INOCULATIONS, SELF-RELIANCE PROGRAMS, AND MEDICAL INITIATIVES - PROVIDED BOOKS FOR SUMMER READING AND THE SCHOOL LIBRARY TO TITLE 1 SCHOOLS AND THEIR STUDENTS.

    Expenses $194,540 · Grants $192,539

  • TRANSITIONAL HOUSING THROUGH A VARIETY OF GOVERNMENT AND PRIVATE GRANTS, THE ORGANIZATION PURCHASED A BUILDING AND INVESTED IN CONVERTING IT INTO A TRANSITIONAL HOUSING COMPLEX FOR INDIVIDUALS AGING OUT OF THE FOSTER CARE SYSTEM IN A PRIOR YEAR. THE ORGANIZATION HAS ENTERED INTO A LONG-TERM CONTRACT WITH THE STATE OF UTAH THROUGH WHICH THE ORGANIZATION WILL PROVIDE THE STATE USE OF THE BUILDING FOR PURPOSES OF RUNNING A TRANSITIONAL HOUSING PROGRAM. THE STATE DOES NOT CHARGE RENT TO PROGRAM PARTICIPANTS AND IS RESPONSIBLE FOR MOST OF THE OPERATING AND MAINTENANCE COSTS OF THE BUILDING.

    Expenses $97,668

As filed on the 2024 return.

Listed in Part VII

  • Judy Fang

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Christian Deputy

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Karmeen Kulkarni

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Nicholas Marsh

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Rosie Chadha

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Franci Gillmor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nancy Brown

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Mertens

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Don Weakley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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
2024
Filed
11 May 2026
IRS schema version
2024v5.0
Source object
202601319349301840

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.