TORRANCE, CA

Rotary Club Of Torrance Educational Foundation

Also known as: FOUNDATION

Quick Facts

EIN: 330053392
Location: TORRANCE, CA
Phone: (310) 378-9911
Category: General
Total Assets: $94K
Annual Income: $25K
IRS Ruling Year: 1985
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Rotary Club Of Torrance Educational Foundation is a private corporation based in TORRANCE, CA. The foundation received its IRS ruling in 1985. It holds total assets of $94K. Annual income is reported at $25K. SCHOLARSHIP AWARDS. According to available records, Rotary Club Of Torrance Educational Foundation has made 3 grants totaling $27K, with a median grant of $12K. Individual grants have ranged from $1K to $14K, with an average award of $9K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

SCHOLARSHIP AWARDS

PUBLIC HIGH SCHOOL PROGRAM SUPPORT

ROTARY INTERNATIONAL YOUTH LEADERSHIP

Frequently Asked Questions

What does Rotary Club Of Torrance Educational Foundation fund?

SCHOLARSHIP AWARDS. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA.

How much does Rotary Club Of Torrance Educational Foundation give in grants?

Rotary Club Of Torrance Educational Foundation has distributed a total of $27K across 3 grants. The median grant size is $12K, with an average of $9K. Individual grants have ranged from $1K to $14K.

How do I apply for a grant from Rotary Club Of Torrance Educational Foundation?

Rotary Club Of Torrance Educational Foundation typically selects its grantees rather than accepting unsolicited proposals.

Where is Rotary Club Of Torrance Educational Foundation located?

Rotary Club Of Torrance Educational Foundation is headquartered in TORRANCE, CA.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Dean Reuter	Past Pres	$0	$0	$0
Patricia Harik	Treasurer	$0	$0	$0
Gregg Pericich	Secretary	$0	$0	$0
James Olds	President	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$66K

2022+1528%

Total Assets

$112K

2022+0%

Fair Market Value

$118K

2022

Net Worth

$104K

2022

Grants Paid

$27K

2022

Contributions

$3K

2022

Net Investment Income

$2K

2022

Distribution Amount

$6K

2022

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2022)

Total: $0

Other Investments (94%)

Cash (6%)

Expense Breakdown (2022)

Revenue Sources (2022)

Other Income: $56K
Dividends: $3K
Contributions: $3K
Capital Gains (Net): $567

Financial Details (2022)

Total Revenue: $62K
Total Expenses: $66K
Exempt Purpose Expenses: $64K
Required Distribution: $6K
Undistributed Income: $0
Total Liabilities: $7K
Excise Tax: $21
Tax Due: $21

Foundation Classification (2022)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$27K

Average Grant

$9K

Median Grant

$12K

Unique Recipients

Most Common Grant

$1K

Grant Range

Min$1K

Max$14K

Median: $12K

Smallest grantLargest grant

Grant Size Distribution

Geographic Distribution of Grants

CA$27K (3)

Past Grantees

Recipient	Location	Amount	Year
Torrance Del Amo RotaryEDUCATIONALSCHOLARSHIPS	Torrance, CA	$14K	2023
Notre Dame Club Of LaEDUCATIONAL SCHOLARSHIPS	La Canada, CA	$12K	2023
South Bay Sunrise Rotary ClubEDUCATIONAL SCHOLARSHIPS	Playa Del Rey, CA	$1K	2023