STRATEGY STUDIO / PUBLIC DATA EXPLORER

LOS GATOS ROTARY SCHOLARSHIP FUND: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
LOS GATOS ROTARY SCHOLARSHIP FUND (EIN 77-0508944)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-03-06
IRS object ID
201430659349301113
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-03-06T14:00:05-06:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LINDA L SPEICHER CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line16472 CAMDEN AVE STE 205AddressLine1
CitySAN JOSECity
StateCAState
ZIP Code95120ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN770508944EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LOS GATOS ROTARY SCHOLARSHIP FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLOSGNameControl
Phone4084992439Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1018AddressLine1
CityLOS GATOSCity
StateCAState
ZIP Code95031ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMYRON SMITHName
TitleTREASURER LOS GATOS ROTARYTitle
Phone4084992439Phone
Date Signed2014-02-16DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameLINDA SPEICHERName
PTINP00409514PTIN
Phone4088419291Phone
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonPAUL CHRISTENSENNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1018AddressLine1
CityLOS GATOSCity
StateCAState
ZIP Code95031ZIPCode
FieldValueIRS element (for citing)
Gross Receipts102558GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1998YearFormation
State Legal DomicileCAStateLegalDomicile
Activity Or Mission DescriptionORGANIZATION GRANTS COLLEGE SCHOLARSHIPS TO DESERVING HIGH SCHOOL STUDENTSActivityOrMissionDescription
Nbr Voting Members Governing Body6NbrVotingMembersGoverningBody
Nbr Independent Voting Members6NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year13830ContributionsGrantsPriorYear
Contributions Grants Current Year18815ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year32054InvestmentIncomePriorYear
Investment Income Current Year42822InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year45884TotalRevenuePriorYear
Total Revenue Current Year61637TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year32500GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY29650GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year698OtherExpensePriorYear
Other Expenses Current Year1279OtherExpensesCurrentYear
Total Expenses Prior Year33198TotalExpensesPriorYear
Total Expenses Current Year30929TotalExpensesCurrentYear
Revenues Less Expenses Prior Year12686RevenuesLessExpensesPriorYear
Revenues Less Expenses CY30708RevenuesLessExpensesCY
Total Assets BOY686624TotalAssetsBOY
Total Assets EOY684832TotalAssetsEOY
Total Liabilities BOY32500TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY654124NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY684832NetAssetsOrFundBalancesEOY
Mission DescriptionNONEMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense30929Expense
Grants29650Grants
DescriptionCOLLEGE SCHOLARSHIPS ARE GIVEN TO DESERVING HIGH SCHOOL STUDENTS.Description
Total Program Service Expense30929TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members6NbrVotingGoverningBodyMembers
Number Independent Voting Members6NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1MYRON SMITHBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number4084992439TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1018AddressLine1
CityLOS GATOSCity
StateCAState
ZIP Code95031ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
GAE LA TORRE
DIRECTOR0.00X000
TOM O'DONNELL
DIRECTOR0.00X000
MIKE NORCIA
DIRECTOR0.00X000
PAUL CHRISTENSE
PRESIDENT EX OFFICIO0.00X000
MYRON SMITH
TREASURER EX OFFICIO0.00X000
JOHN COLWELL
EMERITUS EX OFFICIO0.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions18815AllOtherContributions
Total Contributions18815TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column32697TotalRevenueColumn
Related Or Exempt Function Income32697RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities51046Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities40921Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities10125Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column10125TotalRevenueColumn
Related Or Exempt Function Income10125RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column61637TotalRevenueColumn
Related Or Exempt Function Income42822RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total29650Total
Program Services29650ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total770Total
Program Services770ProgramServices

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
LUNCH FOR SCHOLARSHIP R500500
FOREIGN TAXES99

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total30929Total
Program Services30929ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY37323BOY
EOY40325EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY649301BOY
EOY644507EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY686624BOY
EOY684832EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY32500BOY
EOY0EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY32500BOY
EOY0EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY654124BOY
EOY684832EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY654124BOY
EOY684832EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY686624BOY
EOY684832EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses30708ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years8691CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years574CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years15530CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year13831CurrentTaxYearMinus1Year
Current Tax Year18815CurrentTaxYear
Total57441Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years8691CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years574CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years15530CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year13831CurrentTaxYearMinus1Year
Current Tax Year18815CurrentTaxYear
Total57441Total
FieldValueIRS element (for citing)
Public Support Total17057441PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years32376CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years30296CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years35166CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year32054CurrentTaxYearMinus1Year
Current Tax Year32697CurrentTaxYear
Total162589Total
FieldValueIRS element (for citing)
Total Support220030TotalSupport
Public Support Pertcentage1700.26110PublicSupportPertcentage170
Public Support Pertcent Prior Year0.22310PublicSupportPertcentPriorYear
Private Foundation170XPrivateFoundation170
General ExplanationSCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES TEST SINCE ALL OF ITS CONTRIBUTIONS GO INTO AN ENDOWMENT THAT IS USED FOR SCHOLARSHIPS AND THE ONLY REASON IT DOES NOT MEET THE 33 1/3% TEST IS DUE TO THE AMOUNT OF INVESTMENT INCOME ON THE ENDOWMENT FUNDS, ALL OF WHICH ORIGINALLY CAME FROM THE GENERAL PUBLIC. SEE ALSO SCHEDULE D ATTACHED.GeneralExplanation

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtc

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance654124BeginningOfYearBalance
Contributions18815Contributions
Investment Earnings Or Losses42822InvestmentEarningsOrLosses
Grants Or Scholarships29650GrantsOrScholarships
Administrative Expenses1279AdministrativeExpenses
End Of Year Balance684832EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance641438BeginningOfYearBalance
Contributions13830Contributions
Investment Earnings Or Losses32054InvestmentEarningsOrLosses
Grants Or Scholarships32500GrantsOrScholarships
Administrative Expenses698AdministrativeExpenses
End Of Year Balance654124EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance617850BeginningOfYearBalance
Contributions15530Contributions
Investment Earnings Or Losses40643InvestmentEarningsOrLosses
Grants Or Scholarships32050GrantsOrScholarships
Administrative Expenses535AdministrativeExpenses
End Of Year Balance641438EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance585723BeginningOfYearBalance
Contributions575Contributions
Investment Earnings Or Losses64218InvestmentEarningsOrLosses
Grants Or Scholarships31900GrantsOrScholarships
Administrative Expenses766AdministrativeExpenses
End Of Year Balance617850EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

FieldValueIRS element (for citing)
Beginning Of Year Balance548386BeginningOfYearBalance
Contributions13229Contributions
Investment Earnings Or Losses54507InvestmentEarningsOrLosses
Grants Or Scholarships28630GrantsOrScholarships
Administrative Expenses1769AdministrativeExpenses
End Of Year Balance585723EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance1.00000BoardDesignatedEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrant
LOS GATOS HIGH SCHOOL - VARIOUS STUDENTS
20 HIGH SCHOOL CTLOS GATOSCA9503016550SCHOLARSHIPS
LEIGH HIGH SCHOOL - VARIOUS STUDENTS
5210 LEIGH AVESAN JOSECA951246550SCHOLARSHIPS
INDEPENDENCE HIGH SCHOOL - VARIOUS STUDENTS
1776 EDUCATIONAL PARK DRSAN JOSECA951336550SCHOLARSHIPS

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11TREASURER REVIEWS DOCUMENT AND THEN PROVIDES TO THE GOVERNING BODY.
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.