NonprofitsRotary Club Of Montpelier Charitable Foundation Inc

Education

Rotary Club Of Montpelier Charitable Foundation Inc

MONTPELIER, VT

Total revenue

$72K

Total expenses

$82K

Net assets

$1.8M

Grants received

$14K

3 grants

EIN

030343309

Tax year

2024

Mission

The charitable foundation supports the activities of the local montpelier, vt chapter of rotary international. The foundation raises money to provide college scholarships to high school seniors, grants to local non-profits, and food for indigent elementary school students.

Programs

3 programs

Backpack program - purchased and distributed food on a weekly basis to between 58 and 80 indigent elementary school children, with an average of 70 students served per week. During the fiscal year, this program provided 3,419 meals to area children.

Expenses: $16KGrants: $16K

Coat drive - the organization raised money and worked with other local non profit organizations to purchase and distribute 200 winter coats to needy children.

Expenses: $7KGrants: $7K

Grants and contributions to local non profit organizations stipends for 3 exchange students

Expenses: $12KGrants: $12K

Financials

FY 2024

Revenue

Contributions & grants$26K
Program service revenue
Investment income$48K
Other revenue
Total revenue$72K

Expenses

Grants paid$81K
Salaries & benefits
Fundraising
Other expenses$1K
Total expenses$82K
Total assets$1.8M
Net assets$1.8M

People

6 listed

NameRoleCompensation

MARC GWINN

PRESIDENT

Board

5 hrs/wk

JENNIFER GALFETTI

TREASURER

Board

5 hrs/wk

WILLIAM MILES

MEMBER

Board

3 hrs/wk

TIM HENEY

MEMBER

Board

1 hrs/wk

MELINDA VIEUX

MEMBER

Board

1 hrs/wk

ZACH WATSON

MEMBER

Board

5 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$6K
GENERAL PURPOSE
2023
$180
EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES
2023
$8K
For grant recipient's exempt purposes
2020

Funded by

$14K from 3 funders · 3 grants · 2020–2023

The Vermont Community Foundation

$6K · 1 grant · 2023

Edward Jones Foundation

$180 · 1 grant · 2023

Details

EIN030343309
NTEE codeB82Z
Subsection03
Ruling date1996-01
Formed1994
Employees0
Volunteers15
ROTARY CLUB OF MONTPELIER CHARITABLE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo