Form 990 for tax year 2024
Filed by SARASOTA ROTARY FOUNDATION INC.
Totals
- Total revenue
- $184,564
- Total expenses
- $383,284
- Contributions and grants received
- $125,971
- Grants paid
- $374,523
- Program service revenue
- $0
- Investment income
- $46,776
- Other revenue
- $11,817
- Total assets, end of year
- $640,062
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $640,062
- Program services expenses (Part IX)
- $374,523
- Management and general expenses
- $6,361
- Fundraising expenses
- $2,400
- Program service expenses (Part III)
- $374,523
Program services were 97.7% 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
$125,971
-
3 · Investment income
total $46,776 · related or exempt $46,776
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$23,083
-
8b · Fundraising events: direct expenses
$11,266
-
8c · Net income from fundraising events
total $11,817
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $374,523 · program services $374,523
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,535 · management and general $3,535
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $1,467 · management and general $1,467
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $536 · management and general $536
-
14 · Information technology
total $2,814 · management and general $414 · fundraising $2,400
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: LICENSES AND FEES
total $529 · management and general $529
-
24b · Other expenses: OTHER BUSINESS EXPENSE
total -$120 · management and general -$120
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $181,596 · end of year $32,911
-
2 · Savings and temporary cash investments
beginning of year $45,255 · end of year $31,165
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $561,968 · end of year $575,986
-
27 · Net assets without donor restrictions
beginning of year $508,908 · end of year $509,876
-
28 · Net assets with donor restrictions
beginning of year $279,911 · end of year $130,186
Mission and programs · 2024
Mission
THE FOUNDATION'S MISSION IS TO HELP THE ROTARY CLUB OF SARASOTA BUILD A BETTER COMMUNITY AND WORLD THROUGH HUMANITARIAN, EDUCATIONAL AND OTHER CHARITABLE ENDEAVORS.
-
THE FOUNDATION PROVIDED GRANTS TO BOOKER HIGH SCHOOL, BOOKER MIDDLE SCHOOL AND BOOKER ELEMENTARY SCHOOL IN SUPPORT OF EDUCATION AND YOUTH ACTIVITIES.
Expenses $267,873 · Grants $267,873
-
THE FOUNDATION PROVIDED COLLEGE SCHOLARSHIPS FOR ELIGIBLE LOCAL HIGH SCHOOL SENIORS.
Expenses $18,000 · Grants $18,000
-
THE FOUNDATION SUPPORTED THE TAKE STOCK IN CHILDREN INITIATIVE TO SUPPORT STUDENTS ATTENDING TECHNICAL COLLEGES
Expenses $15,000 · Grants $15,000
-
THE FOUNDATION PARTNERED WITH A LOCAL FOUNDATION IN SUPPORT OF THE SARASOTA DISTRICT SCHOOLS KINDERGARTEN READINESS BAG PROGRAM.
Expenses $15,000 · Grants $15,000
-
THE FOUNDATION SUPPORTED EASTER SEALS WITH A GRANT FOR STUDENTS WITH PHYSICAL CHALLENGES
Expenses $15,000 · Grants $15,000
-
THE FOUNDATION PROVIDED SUPPORT TO THE BOYS AND GIRLS CLUBS GREAT FUTURES PROGRAM.
Expenses $10,000 · Grants $10,000
-
THE FOUNDATION PROVIDED A GRANT TO CHILDREN'S FIRST IN SUPPORT OF EARLY CHILDHOOD EDUCATION.
Expenses $10,000 · Grants $10,000
-
THE FOUNDATION PROVIDED SUPPORT TO SELAH FREEDOM IN ITS FIGHTTO COMBAT HUMAN TRAFFICING OF CHILDREN AND YOUNG ADULTS.
Expenses $10,000 · Grants $10,000
-
THE FOUNDATION SUPPORTED EMBRACING OUR DIFFERENCES PROGRAM TO EDUCATE CHILDREN ABOUT DIVERSITY.
Expenses $7,500 · Grants $7,500
-
THE FOUNDATION PROVIDED A GRANT TO ASSIST YOUNG MOTHERS.
Expenses $3,000 · Grants $3,000
-
THE FOUNDATION FUNDED A GRANT TO MAKING AN IMPACT
Expenses $2,900 · Grants $2,900
-
THE FOUNDATION MADE A GRANT TO RESTORE THE HOME OF ROTARY'S FOUNDER.
Expenses $250 · Grants $250
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
LAURA PLUM
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
TIMOTHY HERRING
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD C REHMYER MD
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
ANYA KEOGH
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
YUSIF ADDAE MD
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
NICHOLAS ROSSI
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL NESTOR
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
RUTH S MCLAREN
President
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT J SUMMERS
Secretary
- 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
-
BOOKER MIDDLE SCHOOL
$130,850
IN SUPPORT OF EDUCATION & ATHLETICS
-
BOOKER HIGH SCHOOL
$75,434
IN SUPPORT OF EDUCATION & ATHLETICS
-
EMMA E BOOKER ELEMENTARY
$61,549
IN SUPPORT OF ELEMENTARY EDUCATION
-
TAKE STOCK IN CHILDREN OF SRQ
$15,000
SUPPORT KIDS ATTENDING TECH COLLEGE
-
EASTER SEALS OF SW FLORIDA
$15,000
TO SUPPORT FAMILY AND CHILDREN
-
PATTERSON FDN
$15,000
KINDERGARTEN LEARNING MATERIALS
-
CHILDREN FIRST
$10,000
IN SUPPORT OF EARLY EDUCATION
-
BOYS & GIRLS CLUBS-SARASOTA
$10,000
FUND GREAT FUTURES - EDUCATION PROG
-
SELAH FREEDOM
$10,000
SUPPORT- FIGHT VS HUMAN TRAFFICING
-
EMBRACING OUR DIFFERENCES
$7,500
SUPPORT STUDENT DIVERSITY
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 January 2026
- IRS schema version
- 2024v5.2
- Source object
- 202630309349301438
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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