NonprofitsKnoxville Rotary Club Student Loan Fund Inc

Education

Knoxville Rotary Club Student Loan Fund Inc

KNOXVILLE, TN

Total revenue

$252K

Total expenses

$240K

Net assets

$1.6M

Grants received

$338K

14 grants

EIN

626047101

Tax year

2023

Mission

The rotary foundation of knoxville was incorporated for the purpose of making loans to deserving young men and women who are unable to attend school without financial assistance. The foundation currently provides up to eight, four year scholarships for outstanding students residing in knox county. The organization's scope is continuing to broaden to cover various charitable, philanthropic and educational causes.

Programs

2 programs

Youth service -awarded two scholarships to college-bound knox county students good for 5,000 per year for four years. -continue to provide annual scholarships to seven prior year scholarship award winners -recognized local educators chosen as rotary club of knoxville's outstanding teacher of the year with cash gifts and other awards. -subsidized local high school students attending the rotary youth leadership awards leadership conference. -subsidized the food program at beaumont magnet academy to provide food to students in need during spring break, fall break and holiday breaks. -sponsored the tennessee valley fair medal of honor photography competition.

Expenses: $58KGrants: $58K

International service -continued to support an advanced trauma life support school for doctors and nurses in bulawayo, zimbabwe. -provided financial support for christmas food baskets for children living in an orphanage in nairobi, kenya. -provided ongoing funding for a preschool, dam contruction and traffic safety program in knsyna, south africa. -provided financial support to the rotary clubs of bulawayo south, zimbabwe and the interact club of knysna, south africa and nairobi, kenya.

Expenses: $119KGrants: $119K

Financials

FY 2023

Revenue

Contributions & grants$202K
Program service revenue
Investment income$6K
Other revenue$45K
Total revenue$252K

Expenses

Grants paid$227K
Salaries & benefits
Fundraising
Other expenses$12K
Total expenses$240K
Total assets$1.8M
Net assets$1.6M

People

12 listed

NameRoleCompensation

BILL MACGRATH

PAST PRESIDE

Board

JIM ALEXANDER

PRESIDENT

Board

F WHITFIELD ADDICKS

TREASURER

Board

ANDREW MURR

VICE PRESIDE

Board

SHANNON HOLLAND

SECRETARY

Board

CHRISTOPHER LAMBERT

PRESIDENT EL

Board

SALLY BOVEN

DIRECTOR

Board

GEORGE JENSEN

DIRECTOR

Board

GLORIA PALACIOS

DIRECTOR

Board

ROBERT HILL JR

DIRECTOR

Board

SCOTT BEASLEY

DIRECTOR

Board

SHANE JACKSON

DIRECTOR

Board

Grants received

Showing 14 of 14

FromAmountPurposeYear
$62K
EDUCATION
2024
$60K
GEN/OPER SUPPORT
2023
$10K
FOR GENERAL OPERATING SUPPORT
2023
$66K
GEN/OPER SUPPORT
2022
$8K
ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN-DAF
2022
$8K
ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN-DAF
2022
$6K
ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN-DAF
2021
$60K
GEN/OPER SUPPORT
2020
$6K
ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN-DAF
2020
$5K
A NIGHT WITH ROMEO & JULIET SPONSORSHIP
2020
$1K
PROGRAM SUPPORT
2020
$1K
PROGRAM SUPPORT
2020
$5K
ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN-DAF
2019
$41K
GEN/OPER SUPPORT
2018

Funded by

$338K from 5 funders · 14 grants · 2018–2024

East Tennessee Foundation

$289K · 5 grants · 2018–2024

The Rotary Foundation Of Rotary

$32K · 5 grants · 2019–2022

The Community Foundation For

$10K · 1 grant · 2023

Haslam Family Foundation Inc

$5K · 1 grant · 2020

Enterprise Holdings Foundation

$2K · 2 grants · 2020

Details

EIN626047101
NTEE codeB90
Subsection03
Ruling date1942-05
Formed1923
Employees0
KNOXVILLE ROTARY CLUB STUDENT LOAN FUND INC — Mission, Financials & Grants Received | Grantivo