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Molalla Rotary Foundation is a private corporation based in MOLALLA, OR. The foundation received its IRS ruling in 1984. It holds total assets of $251K. Annual income is reported at $61K. Total assets have grown from $97K in 2010 to $246K in 2022. The foundation is governed by 4 officers and trustees. Distribute scholarship grants to Molalla Union High School students. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Oregon. According to available records, Molalla Rotary Foundation has made 18 grants totaling $46K, with a median grant of $3K. Annual giving has grown from $11K in 2020 to $23K in 2022. Individual grants have ranged from $2K to $4K, with an average award of $3K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Oregon. Contributions to this foundation are tax-deductible.
Molalla Rotary Foundation reported 18 individual grants totaling $45,584 between 2020 and 2022 across its IRS Form 990-PF filings, with a median grant of $3,000. Half of those grants fell between $1,500 and $3,000. Its most recent available filing, for fiscal year 2022, reports $11,622 in total giving.
Grantmaking is concentrated in OR, which received 18 of the 18 grants on record (100 percent). Of its 13 distinct grantees, 38 percent received funding more than once, so repeat relationships are the exception rather than the norm.
Computed from 18 individual grant records (2020–2022) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$3K
Based on 4 grants from the most recent 990-PF filing.
Distribute scholarship grants to Molalla Union High School students
Expenses: $12K
Distribute scholarship grants to Molalla Union High School students. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in OR.
Molalla Rotary Foundation has distributed a total of $46K across 18 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $4K.
Molalla Rotary Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is May 1st. Molalla River School District, including Country Christian students.
Molalla Rotary Foundation is headquartered in MOLALLA, OR.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mitch Magenheimer | Director | $0 | $0 | N/A |
| Ilene L Waldorf | Treasurer | $0 | $0 | N/A |
| Wally Walker | Director | $0 | $0 | N/A |
| Ed Stafford | President | $0 | $0 | N/A |
Total Giving
$12K
Total Assets
$246K
Fair Market Value
$271K
Net Worth
$246K
Grants Paid
$9K
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
N/A
Total: $244K
Total Grants
18
Total Giving
$46K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
13
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chloe CorlessScholarship | Beavercreek, OR | $4K | 2022 |
| Isabella HuffstetlerScholarship | Colton, OR | $4K | 2022 |
| Madison HalversonScholarship | Colton, OR | $2K | 2022 |
| Allison BurruelScholarship | Molalla, OR | $2K | 2022 |
| Kennedy GrantScholarship | Canby, OR | $2K | 2022 |
| Madison BehrendtScholarship | Molalla, OR | $3K | 2021 |
| Mark GrandleScholarship | Canby, OR | $3K | 2021 |
| Grace PetersonScholarship | Molalla, OR | $3K | 2021 |
| Sophie GriffithScholarship | Canby, OR | $3K | 2021 |
| Sidney PerkinScholarship | Canby, OR | $3K | 2020 |
| Sarah PhillipsScholarship | Canby, OR | $3K | 2020 |
| Katie SandbergScholarship | Molalla, OR | $3K | 2020 |
| Janiece MooreScholarship | Molalla, OR | $2K | 2020 |