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Richardson East Rotary Foundation

Richardson East Rotary Foundation

Richardson, TX 750831765
Tax ID46-0502289

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About this organization

Revenue

$310,558

Expenses

$405,956

Mission

Providing scholarships to local high school students who are planning to pursue a college degree; partner with the city of Richardson, TX to provide funding for an inclusive playground.

About

Community Service was provided to the Richardson TX community by providing continuing financial support to the City of Richardson (COR) to build a new all-inclusive playground for its residents and to members of the larger community. In previous fiscal years, the Foundation and its sponsor organization, the Richardson East Rotary Club (RERC), agreed to raise $250,000 toward the construction and equipping of the park. During the current fiscal year, the Foundation raised $367,013 for the project. In addition, the Foundation provided $14,750 of scholarship payments to current and prior year recipients and approximately $9,403 of funding for other COR public events including $1,503 provided to fund the cost of a community picnic at a COR public park and $7,500 to provide garden landscaping at the park adjacent to the inclusive playground. Other expenses benefitting the community included $2,398 to support the Richardson Chamber of Commerce and $1,000 to support the City of Dallas Veterans Day parade.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “Providing scholarships to local high school students who are planning to pursue a college degree; partner with the city of richardson, tx to provide funding for an inclusive playground.”.

When outlining the tasks it performs, they were referred to as: “Providing scholarships to local high school students who are planning to pursue a college degree; partner with the city of richardson, tx to provide funding for an inclusive playground.”.

  • The non-profit's reported state of operation is TX as per legal requirements.
  • The filing reveals that the address of the non-profit in 2020 is PO Box 831765, Richardson, TX, 75083.
  • As of 2020, the non-profit has 0 employees reported on their 990 form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$95,398.
  • The CEO compensation policy of the organization is not established through an independent review and approval process.
  • The organization has 6 independent voting members.
  • The organization was formed in 2003.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has fundraising events.
  • The organization has grants to organizations.

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