Santa Clara Rotary Foundation

“Description: interest income. Amount: 3,765. Description: dividend income. Amount: 10,054. Total included on form 990-ez, line 4: 13,819.”

“Description: bank charges. Amount: 100. Description: miscellaneous expense. Amount: 225. Description: program services. Amount: 33,106. Description: printing. Amount: 199. Total to form 990-ez, line 16: 33,630.”

“Description: unrealized loss on investments. Amount: -30,008.”

“Description: investments - publicly traded securities. Beg. Of year amount: 345,235. End of year amount: 328,773.”

“Description: scholarship payable. Beg. Of year amount: 7,000. End of year amount: 0.”

“This was recorded in 2012, since the program began in 2012-2013 in furtherance of our exemption, in 2013, we began the enterprise leadership conference which is a rotary sponsored 3 day scholarship program for high school juniors. It is designed to provide an intensive introduc- tion to the entrepreneurial opportunites in america. Students are chal- lenged and inspired to consider the opportunities in starting and running their own business. Beginning in 2014, the santa clara rotary club will be running ryla through the foundation. Santa clara rotary club selects from the area schools young people, ages 14-18, who are chosen for their leadership potential to attend an all-expenses-paid seminar, camp and workshop to discuss leader- ship skills and to learn those skills through practice. Ryla aims to: -demonstrate rotary's respect and concern for youth -provide an effective training experience for selected youth and potential leaders -encourge leadership of youth by youth -recognize publicly young people who are rendering service to their communities ryla was officially adopted by rotary international in 1971, and is one of the most significant and fastest-growing programs of rotary service. Ryla programs often lead to the formation or strengthening of rotract and interact clubs. Ryla participants often go on to become youth exchange students or ambassadorial scholars.”