Skip to content
Nonprofiteer
← LINCOLN ROTARY CLUB 14 FOUNDATION

Form 990 for tax year 2023

Filed by LINCOLN ROTARY CLUB 14 FOUNDATION.

Totals

Total revenue
$287,298
Total expenses
$162,949
Contributions and grants received
$131,151
Grants paid
$116,323
Program service revenue
$0
Investment income
$101,519
Other revenue
$54,628
Total assets, end of year
$3,301,322
Total liabilities, end of year
$49,924
Net assets or fund balances, end of year
$3,251,398
Program services expenses (Part IX)
$141,971
Management and general expenses
$15,464
Fundraising expenses
$5,514
Program service expenses (Part III)
$141,971

Program services were 87.1% 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

    $18,180

  • 1f · All other contributions, gifts and grants

    $112,971

  • 1g · Noncash contributions included above

    $800

  • 3 · Investment income

    total $74,846 · related or exempt $74,846

  • 7a · Gross sales of assets other than inventory

    securities $790,094 · other assets $1,349

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

    securities $764,770

  • 7c · Gain or loss

    securities $25,324 · other assets $1,349

  • 7d · Net gain or loss

    total $26,673 · related or exempt $26,673

  • 8a · Fundraising events: gross income

    $60,344

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

    $18,180

  • 8b · Fundraising events: direct expenses

    $14,464

  • 8c · Net income from fundraising events

    total $45,880

  • 9a · Gaming: gross income

    $10,580

  • 9b · Gaming: direct expenses

    $2,637

  • 9c · Net income from gaming

    total $7,943 · related or exempt $7,943

  • 11a · Other revenue: CHANGE IN CSV OF LIFE INSUR.

    total $805 · related or exempt $805

  • 11e · Other revenue, total

    $805

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $97,441 · program services $97,441

  • 2 · Grants to domestic individuals

    total $18,882 · program services $18,882

  • 11a · Fees: management

    total $20,456 · program services $4,529 · management and general $10,413 · fundraising $5,514

  • 11c · Fees: accounting

    total $3,680 · management and general $3,680

  • 11f · Fees: investment management

    total $15,870 · program services $15,870

  • 13 · Office expenses

    total $631 · management and general $631

  • 23 · Insurance

    total $740 · management and general $740

  • 24a · Other expenses: DONOR FUNDED LIFE INS. PR

    total $5,249 · program services $5,249

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $491,244 · end of year $703,636

  • 11 · Investments: publicly traded securities

    beginning of year $2,310,267 · end of year $2,522,043

  • 15 · Other assets

    beginning of year $73,276 · end of year $75,643

  • 25 · Other liabilities

    beginning of year $48,362 · end of year $49,924

  • 27 · Net assets without donor restrictions

    beginning of year $2,536,425 · end of year $2,961,398

  • 28 · Net assets with donor restrictions

    beginning of year $290,000 · end of year $290,000

Mission and programs · 2023

Mission

THE MISSION OF THE LINCOLN ROTARY CLUB 14 FOUNDATION IS TO SUPPORT THE SERVICE INITIATIVES OF LINCOLN ROTARY CLUB 14. THE ORGANIZATION IS DEDICATED TO THE MOTTO OF "SERVICE ABOVE SELF- AND EXEMPLIFIES THE COMMITMENT TO COMMUNITY OF ROTARY CLUBS THROUGHOUT THE WORLD. THE ENTITY PROVIDES FINANCIAL SUPPORT FOR EDUCATION, YOUTH SERVICES AND LOCAL CIVIC ENDEAVORS AS WELL AS SELECT HUMANITARIAN PROJECTS AROUND THE GLOBE BY MANAGING AND GROWING ITS ENDOWMENTS.

  • YOUTH SERVICE SUPPORT.

    Expenses $20,169 · Grants $15,640

  • AWARDS RECOGNIZING OUTSTANDING TEACHERS AND SCHOLARSHIPS TO SUPPORT FURTHER EDUCATION OF WORTHY STUDENTS.

    Expenses $16,000 · Grants $16,000

  • COMMUNITY AND INTERNATIONAL SERVICE SUPPORT.

    Expenses $84,683 · Grants $84,683

  • REIMBURSED COSTS TO MANAGE AND MAINTAIN ASSETS.

    Expenses $21,119

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Patricia J Birch

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Randy Bretz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Eric Drumheller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Sandra Fabry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Mari Lane Gewecke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • James V Griesen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Arthur L Knox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • James A Mastera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Charles Ogden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Stephen Peregrine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Kristian H Rutford

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mark Stephens

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Susan Stibal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Melanie J Whittamore-Mantzios

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Jennifer Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Michael J Wortman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

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
2023
Filed
17 January 2025
IRS schema version
2023v6.0
Source object
202520439349300117

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.