Bremerton Rotary Foundation

The Bremerton Rotary Foundation is a nonprofit organization based in Bremerton, Washington, and serves the broader Kitsap County area. It is affiliated with the Rotary Club of Bremerton, which is part of Rotary International's District 5020.

History

The Rotary Club of Bremerton, one of the earliest Rotary clubs in Kitsap County, has been active since 1980. The Bremerton Rotary Foundation itself was established to formalize and expand the philanthropic efforts of the club. It was tax-exempt since January 1984.

Purpose and Activities

The foundation focuses primarily on community improvement, education, and youth development. One of its notable endeavors is providing scholarships to Bremerton High School students. Since its inception, the foundation has awarded over $850,000 in scholarship funds, supporting local students in their educational pursuits.

In addition to scholarships, the foundation supports various community grants and projects, including initiatives aimed at human services in Bremerton and surrounding areas. This includes involvement in programs like the AVID (Advancement Via Individual Determination) program and participation in international student exchange initiatives, reflecting the broader Rotary theme of fostering global understanding and peace.

Financial Overview

The Bremerton Rotary Foundation relies on contributions, investment income, and fundraising activities for its revenue. In recent years, contributions have comprised the majority of its income, with significant revenue also coming from investment activities. The foundation manages a substantial asset base, with no liabilities reported.

Governance

The foundation is governed by a board of directors, which includes a president and other officers. All officers and key employees have been reported to serve without compensation, reflecting the organization's volunteer-driven nature.

Impact

Through its activities, the Bremerton Rotary Foundation has made a significant impact on the local community by enhancing educational opportunities and supporting community welfare initiatives. Its focus on youth development and human services underscores its commitment to fostering a more supportive and prosperous community in Kitsap County.