Pt VI, Line 11B
“The 990 was emailed to all board members prior to filing.”
990 • Fiscal year 2022 • EIN 62-6096310
Scores are not available for this record yet.
Assets
Down$811,264
Down $161,800 (-17%) from 2021
Net Assets
Down$798,796
Down $152,009 (-16%) from 2021
Liabilities
Down$12,468
Down $9,791 (-44%) from 2021
Revenue
Up$99,535
Up $22,991 (+30%) from 2021
Expenses
Down$116,494
Down $6,084 (-5.0%) from 2021
Net Income
Up-$16,959
Up $29,075 (+63%) from 2021
Funding for philanthropic & community betterment projects, primary areas of focus include education, international clean water systems and hunger relief, city beautification, and partnerships with community development and enhancement organizations.
Funding for philanthropic & community betterment projects
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $803,774 | $654,731 | ▼ $149,043 |
| Other Notes and Loans Receivable, Net | $128,749 | $111,632 | ▼ $17,117 |
| Savings and Temporary Cash Investments | $9,624 | $24,504 | ▲ $14,880 |
| Investments Other Securities | $20,199 | $17,174 | ▼ $3,025 |
| Accounts Receivable | $10,718 | $3,223 | ▼ $7,495 |
| Total Assets | $973,064 | $811,264 | ▼ $161,800 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $22,259 | $12,468 | ▼ $9,791 |
| Total Liabilities | $22,259 | $12,468 | ▼ $9,791 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $946,105 | $789,096 | ▼ $157,009 |
| Net Assets With Donor Restrictions | $4,700 | $9,700 | ▲ $5,000 |
| Total Net Assets Fund Balance | $950,805 | $798,796 | ▼ $152,009 |
| Total Liabilities and Net Assets / Fund Balance | $973,064 | $811,264 | ▼ $161,800 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2021 | $952,722 | - | ▼ $87,596 | $64,455 | $783,537 |
| 2020 | $847,532 | - | ▲ $175,200 | $55,308 | $952,722 |
| 2019 | $899,854 | - | ▼ $14,442 | $28,031 | $847,532 |
| 2018 | $901,601 | - | ▲ $16,021 | $13,681 | $899,854 |
| 2017 | $868,980 | - | ▲ $35,272 | - | $901,601 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Taylor Hughes | Executive Director | PT | $64,084 | $21,361 | $85,445 |
| Name | Title |
|---|---|
| Harry Montgomery | Past President |
| Otis Sanford | President |
| Joe Birch | President-elect |
| Amy Beth Dudley | President-elect Nominee |
| Joanna Crangle | Vice President |
| Arthur Oliver | Director |
| Cary Vaughn | Director |
| Chris Ewing | Director |
| MAUREEN O'CONNOR | Director |
| Lea Carr | Assistant Treasurer |
| Chuck Thomas | Secretary |
| Brett Batterson | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $68,737 |
| Other Expenses | $24,582 |
| Grants and Similar Amounts Paid | $23,175 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $44,226 | $14,742 | $0 | $58,968 |
| Grants to Domestic Orgs | $23,175 | - | - | $23,175 |
| Insurance | $5,177 | $1,726 | $0 | $6,903 |
| Other Employee Benefits | $3,837 | $1,279 | $0 | $5,116 |
| Payroll Taxes | $3,490 | $1,163 | $0 | $4,653 |
| Fees for Service Investment Mgmnt Fees | $0 | $4,133 | $0 | $4,133 |
| Fees for Services Accounting | $0 | $3,500 | $0 | $3,500 |
| Office Expenses | $2,553 | $851 | $0 | $3,404 |
| All Other Expenses | $278 | $286 | $0 | $564 |
| Other Expenses | $79 | $26 | $0 | $105 |
| Total Functional Expenses | $87,295 | $29,199 | $0 | $116,494 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $116,494 |
| Expenses per Audited Statements | $112,361 |
| Total Expenses per Audited Statements | $112,361 |
| Expenses Not Reported on Financial Statements | $4,133 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Dorothy Day House | Memphis, TN | - | Homelessness | $10,142 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $33,937 |
| Fundraising Direct Expenses | $10,685 |
| Gaming Gross Income | $6,355 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Cafe Du Memphis | $20,846 | $20,846 | $3,325 | $17,521 |
| Clays | $11,385 | $11,385 | $6,007 | $5,378 |
| Total Events | $32,231 | $32,231 | $9,332 | $22,899 |
“The 990 was emailed to all board members prior to filing.”
“Board members agree to job description/principles of conduct before being allowed to serve; includes policy to disclose conflicts of interest.”
“Documents are made available upon request.”
“Part vii, col b. Average of 1 hr/wk for each listed board member for related organization, memphis rotary club, includes time spent on foundation business.”
“Various other projects 1000. 0. 0.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 660 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 238 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 26 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1784 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1980 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 716 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 79 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2379 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2640 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 954 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 105 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 14742 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 44226 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 58968 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 128749 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 111632 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1163 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 3490 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 4653 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | OTIS SANFORD |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | ROTARY INTERNATIONAL PROGRAM THE MISSION OF THE ROTARY INTERNATIONAL FOUNDATION IS TO ENABLE ROTARIANS TO ADVANCE WORLD UNDERSTANDING, GOODWILL, AND PEACE THROUGH THE IMPROVEMENT OF HEALTH, THE SUPPORT OF EDUCATION AND THE ALLEVIATION OF POVERTY. THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION SUPPORTED SOLELY BY VOLUNTARY CONTRIBUTIONS FROM ROTARIANS AND FRIENDS OF THE FOUNDATION WHO SHARE ITS VISION OF A BETTER WORLD. THE MEMPHIS ROTARY FOUNDATION DONATES ON BEHALF OF ITS MEMBERS EACH YEAR. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 3000 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | ADVANCEMENT OF ROTARY GOALS AND IDEALS THROUGH EXPLORATION OF COMMUNITY NEEDS AND SERVICE OPPORTUNITIES AND DEVELOPMENT OF NEW SERVICE PROJECTS. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 64120 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | VARIOUS OTHER PROJECTS DIRECT EXPENDITURES FOR VARIOUS OTHER SERVICE PROJECTS INCLUDING YOUTH LEADERSHIP |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 1000 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 22196 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 27509 |
| IRS990/PYInvestmentIncomeAmt | 0 | 45644 |
| IRS990/PYOtherExpensesAmt | 0 | 26584 |
| IRS990/PYOtherRevenueAmt | 0 | 8704 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -46034 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 68485 |
| IRS990/PYTotalExpensesAmt | 0 | 122578 |
| IRS990/PYTotalRevenueAmt | 0 | 76544 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -16959 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 9624 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 24504 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 47948 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 30920 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 34492 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44797 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 47343 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 205500 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 40234 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 37869 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 33931 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 69071 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 36123 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 217228 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.48610 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.50400 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 205500 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 47948 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 30920 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 34492 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44797 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 47343 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 205500 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 422728 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 1.00000 |
| IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 17134 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 952722 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 783537 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -87596 |
| IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt | 0 | 64455 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 14702 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 847532 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 952722 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 175200 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 55308 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 9849 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 899854 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 847532 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -14442 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 28031 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 4087 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 901601 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 899854 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 16021 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 13681 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 2651 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 868980 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 901601 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 35272 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 4133 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 112361 |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 4133 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 4133 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.