FLORENCE ROTARY CLUB FOUNDATION INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: FLORENCE ROTARY CLUB FOUNDATION INC (EIN 27-1752838)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-06-19
IRS object ID: 201231719349300228
Schema version: 2011v1.2
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
Form 990
Schedule A
Schedule G
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-06-19T14:04:31-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANNEKEN HUEY & MOSER PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	909 WRIGHTS SUMMIT PARKWAY STE 12	AddressLine1
City	FORT WRIGHT	City
State	KY	State
ZIP Code	41011	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	271752838	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE FLORENCE ROTARY CLUB FOUNDATION	BusinessNameLine1
Business Name Line2	INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	FLOR	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7711 EWING BLVD PO BOX 157	AddressLine1
City	FLORENCE	City
State	KY	State
ZIP Code	41042	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	GREG PALMER	Name
Title	PRESIDENT	Title
Date Signed	2012-06-12	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOROTHY F HAYES CPA	Name
Phone	8593315622	Phone
Date Prepared	2012-06-19	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	GREG PALMER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 157	AddressLine1
City	FLORENCE	City
State	KY	State
ZIP Code	41042	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	28496	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1995	YearFormation
State Legal Domicile	KY	StateLegalDomicile
Activity Or Mission Description	THE FOUNDATION ENGAGES IN EDUCATIONAL, CHARITABLE, BENEVOLENT AND CIVIC ACTIVITIES, PRIMARILY THROUGH SCHOLARSHIPS, SPEECH AND WRITING CONTESTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	8	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	8	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	17700	ContributionsGrantsPriorYear
Contributions Grants Current Year	8455	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Current Year	21	InvestmentIncomeCurrentYear
Other Revenue Prior Year	9227	OtherRevenuePriorYear
Other Revenue Current Year	6462	OtherRevenueCurrentYear
Total Revenue Prior Year	26927	TotalRevenuePriorYear
Total Revenue Current Year	14938	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	8575	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	13092	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	7	OtherExpensePriorYear
Other Expenses Current Year	74	OtherExpensesCurrentYear
Total Expenses Prior Year	8582	TotalExpensesPriorYear
Total Expenses Current Year	13166	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	18345	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1772	RevenuesLessExpensesCY
Total Assets BOY	18344	TotalAssetsBOY
Total Assets EOY	20116	TotalAssetsEOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	18344	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	20116	NetAssetsOrFundBalancesEOY
Mission Description	THE FOUNDATION ENGAGES IN EDUCATIONAL, CHARITABLE, BENEVOLENT AND CIVIC ACTIVITIES, PRIMARILY THROUGH SCHOLARSHIPS, SPEECH AND WRITING CONTESTS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	13092	Expense
Grants	13092	Grants
Description	THE PURPOSE OF THE FOUNDATION IS TO PROVIDE EDUCATIONAL, CHARITABLE, BENEVOLENT AND CIVIC ACTIVITES THROUGH THE PROVISION OF SCHOLARSHIPS TO RESIDENTS OF BOONE COUNTY KENTUCKY	Description
Total Program Service Expense	13092	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	8	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	KY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	WILLIAM SANTOS	NamePerson
Telephone Number	8594262285	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 157	AddressLine1
City	FLORENCE	City
State	KY	State
ZIP Code	41042	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	TitleTitle	OfficerOfficer
MOLLY MCEVOY
2.00	X	0	0	0
HB DEATHERAGE
2.00	X	0	0	0
CANDYSE JEFFRIES
2.00	X	0	0	0
MICHAEL CRANE
2.00	X	0	0	0
GREG PALMER
2.00		0	0	0	PRESIDENT	X
WILLIAM SANTOS
2.00		0	0	0	TREASURER	X
GARY GRIESSER
2.00		0	0	0	VICE PRESIDE	X
EDWARD S MONOHAN
2.00		0	0	0	SECRETARY	X

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	8455	AllOtherContributions
Total Contributions	8455	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	21	TotalRevenueColumn
Exclusion	$21	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	20020	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	13558	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	6462	TotalRevenueColumn

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	14938	TotalRevenueColumn
Exclusion	$21	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	6592	Total
Program Services	6592	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	6500	Total
Program Services	6500	ProgramServices

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
UNUSED CONCERT TICKETS	60	60
BANK CHARGES	14	14

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	13166	Total
Program Services	13092	ProgramServices
Management And General	74	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	18344	BOY
EOY	20116	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	18344	BOY
EOY	20116	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	18344	BOY
EOY	20116	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	18344	BOY
EOY	20116	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	18344	BOY
EOY	20116	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	1772	ReconcilationRevenueExpenses
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	17700	CurrentTaxYearMinus1Year
Current Tax Year	8455	CurrentTaxYear
Total	26155	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	17700	CurrentTaxYearMinus1Year
Current Tax Year	8455	CurrentTaxYear
Total	26155	Total

Field	Value	IRS element (for citing)
Public Support Total170	26155	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year	21	CurrentTaxYear
Total	21	Total

Field	Value	IRS element (for citing)
Total Support	26176	TotalSupport
Gross Receipts From Admissions Etc	20020	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.99920	PublicSupportPertcentage170
Public Support Pertcent Prior Year	1.00000	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	GOLF FUNDRAISER	NameOfEvent1
Gross Receipts Event1	9690	GrossReceiptsEvent1
Gross Revenue Event1	9690	GrossRevenueEvent1
Rent Facility Costs Event1	2674	RentFacilityCostsEvent1
Food And Beverage Event1	1128	FoodAndBeverageEvent1
Name Of Event2	CHRISTMAS CONCE	NameOfEvent2
Gross Receipts Event2	8854	GrossReceiptsEvent2
Gross Revenue Event2	8854	GrossRevenueEvent2
Other Direct Expenses Event2	6790	OtherDirectExpensesEvent2
Gross Receipts Total	18544	GrossReceiptsTotal
Gross Revenue Total Events	18544	GrossRevenueTotalEvents
Rent Facility Costs Total Events	2674	RentFacilityCostsTotalEvents
Food And Beverage Total Events	1128	FoodAndBeverageTotalEvents
Other Direct Expenses Total Events	6790	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	10592	DirectExpenseSummaryEvents
Net Income Summary	7952	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	false	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	ROTARY INTERNATIONAL	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1560 SHERMAN AVE	AddressLine1
City	EVANSTON	City
State	IL	State
ZIP Code	60201	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	361707667	EINOfRecipient
IRC Section	501	IRCSection
Amount Of Cash Grant	5900	AmountOfCashGrant
Purpose Of Grant	PROMOTE EXEMPT PURP	PurposeOfGrant

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS & PRIZES	TypeOfGrant
Number Of Recipients	10	NumberOfRecipients
Amount Of Cash Grant	6500	AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE FORM 990 PRIOR TO FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	EACH OFFICER AND DIRECTOR MUST ANNUALLY SIGN A STATEMENT STATING COMPLIANCE WITH CONFLICT OF INTEREST POLICY. THERE ARE WRITTEN PROCEDURES TO DISCLOSE POSSIBLE CONFLICTS AND A WRITTEN PROCEDURE FOR ADDRESSING CONFLICTS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	AVAILABLE UPON WRITTEN REQUEST RECEIVED BY AN OFFICER OR MEMBER OF THE BOARD OF DIRECTORS, WITHIN A REASONABLE AMOUNT OF TIME.