2020-05-14T07:55:04-07:00 2019-06-30 990 2018-07-01 460502289 RICHARDSON EAST ROTARY FOUNDATION RICH 9726440244 PO BOX 831765 RICHARDSON TX 750831765 Thomas Hummel Treasurer 9726440244 2019-10-24 108.194.58.30 2020-05-14 07:54:53 PD P 411F0C732C9ABFFAB5E71433C2B3BFE0943B707F 411F0C732C9ABFFAB5E71433C2B3BFE0943B707F 2018 2020-09-23 17:36:50Z David Frazee PO Box 831765 Richardson TX 75083 335674 false X N/A X 2003 TX Providing scholarships to local high school students who are planning to pursue a college degree; partner with the city of Richardson, TX to provide funding for an inclusive playground. 6 6 0 40 0 0 69302 277100 0 234 192 41857 33266 111393 310558 28466 405956 0 0 0 0 0 28466 405956 82927 -95398 216414 127194 185197 87415 31217 39779 Providing scholarships to local high school students who are planning to pursue a college degree; partner with the city of Richardson, TX to provide funding for an inclusive playground. false false 394564 394564 0 Community Service was provided to the Richardson TX community by providing continuing financial support to the City of Richardson (COR) to build a new all-inclusive playground for its residents and to members of the larger community. In previous fiscal years, the Foundation and its sponsor organization, the Richardson East Rotary Club (RERC), agreed to raise $250,000 toward the construction and equipping of the park. During the current fiscal year, the Foundation raised $367,013 for the project. In addition, the Foundation provided $14,750 of scholarship payments to current and prior year recipients and approximately $9,403 of funding for other COR public events including $1,503 provided to fund the cost of a community picnic at a COR public park and $7,500 to provide garden landscaping at the park adjacent to the inclusive playground. Other expenses benefitting the community included $2,398 to support the Richardson Chamber of Commerce and $1,000 to support the City of Dallas Veterans Day parade. 8917 8917 0 The Foundation partnered with the Rotary Foundation (RF), an affiliated 501(c)(3) organization located in Chicago, IL by providing $7,917 in support of its philanthropic programs. The RF operates world-wide and supports a number of humanitarian projects such as literacy, polio eradication, world peace and water and sanitation projects in developing countries. In keeping with support of humanitarian projects, the Richardson East Rotary Foundation gave $1,000 toward dental service projects in underprivileged areas. 2475 2475 0 The Foundation provided $1,350 in scholarships to high school seniors to attend a youth leadership camp sponsored by an affiliated organization, Rotary Youth Leadership Award. The goal of the week long camp is to help high school students who have completed their junior year to become leaders among their peers by teaching team building, communication and problem solving skills - all while engaged in dynamic camp activities. The Foundation also provided $1,125 to show appreciation for local teachers and students. 405956 true true false false false false false false true false false false false true false false false false false false false false false false true false false true true false false false false false false false false false false false false false false true false true false true 0 0 true 0 false false false false false true true false false false false false false X 6 6 false false false false false false false true false false false true false false false false false false X Tom Hummel 2142139471 PO Box 831765 Richardson TX 75083 X Kenn Smith Director 1.00 X 0 0 0 Tommie Wright Director 1.00 X 0 0 0 Darryl Fourte Director 1.00 X 0 0 0 David Frazee President 1.00 X 0 0 0 Tom Hummel Treasurer 5.00 X 0 0 0 Laurie Garvie Secretary 1.00 X 0 0 0 false false false 261808 14769 523 277100 192 0 192 58382 261808 25116 33266 0 33266 310558 0 0 33458 388731 388731 17225 17225 405956 405956 0 0 163664 65094 100 52750 62000 216414 127194 5121 4000 127326 21415 52750 62000 185197 87415 X 31217 39779 31217 39779 216414 127194 X -95398 103960 X false false false X 0 0 12500 20777 27998 69302 277100 407677 68560 65351 102723 69709 58382 364725 0 0 81060 86128 130721 139011 335482 772402 0 0 0 772402 165 188 218 234 192 997 165 188 218 234 192 997 773399 0.99870 0.99810 0.00130 0.00190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 52750 24000 14750 62000 true X RESTRICTED SCHOLARSHIP FUNDS 62000 62000 Pt IV, Line 2b This liability represents the Foundation's obligation for payments due in future years to current scholarship recipients. When a scholarship is granted, the entire liability is recorded at date of grant and is payable each semester over the term of the scholarship providing the recipient meets minimum requirements as defined in the scholarship agreement. At the date of the scholarship grant, the funds needed to pay this liability are set aside in a separate bank account specifically designated for this purpose. See Other Assets. Games & Gala 66037 7655 58382 4490 3643 3456 5900 7077 Inclusive Playground 254153 254153 0 550 320190 261808 58382 4490 3643 3456 5900 7627 25116 33266 true The Rotary Foundation 1560 Sherman Avenue Evanston IL 60201 363245072 501(c)(3) 7917 Support City of Richardson TX 411 W Arapaho Richardson TX 75080 756600648 170(b)(1)(A)(v) 376416 Support 1 0 Scholarships for college students 13 14750 Pt I Line 2 The purpose of any grants to made to related and unrelated organizations is reviewed and discussed by the Foundation's board of directors during its budgeting process prior to their authorization and payment. Each supported organization is a qualified 501(c)(3) organization or government organization and is similarly monitored and managed by its it own board of directors and files its own federal return, as required. Pt III, col (b) The purpose of this activity was to supply scholarships to college students. The number of recipients was not estimated, it was specifically allocated to 13 individuals. Pt VI, Line 8b Minutes are prepared documenting actions and decisions of the board. Responsibility for carrying out board decisions is sometimes delegated to committees or officers who act within the guidelines established by the board. Pt VI, Line 11b Prior to filing, the return is made available to members of the Foundation's board for review and comment. Pt VI, Line 19 Governing documents are available on the Foundation's website. Other documents are available by request. Pt XI Other changes in net assets or fund balances. The Foundation's financials are maintained on a modified accrual basis while its tax return is reported on the cash basis. As a result, each year's net assets/fund balances as determined for financial statement purposes must be adjusted to arrive at income determined on the cash basis of accounting for tax reporting purposes. Rotary International Richardson East PO Box 831765 Richardson TX 75083 752152402 Rotary Club TX 501(c)(4) N/A Rotary International false false false true false false false false false false false false false true false false false false false false Rotary Club of Richardson East c 5876 Gift Rotary Club of Richardson East m 5917 Receipts from fund raising