Eastwood Rotary Foundation Inc.

Overview

Eastwood Rotary Foundation Inc. is a nonprofit organization based in Syracuse, New York. It operates as a public charity, focusing on various community development and charitable programs.

History

The foundation is affiliated with the Rotary Club of Eastwood, which was chartered in 1961. The club, originally known as the Rotary Club of Eastwood (Industrial Park), was formed to serve the local industrial community. Over time, the foundation developed as a separate entity, recognized as a 501(c)(3) charitable organization. This setup allows it to effectively manage and distribute funds for charitable purposes.

Programs and Activities

Eastwood Rotary Foundation Inc. engages in several charitable activities aimed at benefiting the community. These include providing grants for local initiatives and supporting programs that enhance education and welfare in the area. The foundation is actively involved in supporting local food pantries, promoting literacy among children, and offering resources to help students succeed in school. Additionally, it participates in seasonal charity events, such as ringing the Salvation Army Bell, and offers scholarships to deserving individuals.

Financial Overview

In recent years, the foundation has demonstrated a strong financial position. As of 2024, it reported a revenue of $46,000 and expenses totaling $15,200. The organization holds total assets valued at $356,000 with no reported liabilities. It has distributed grants totaling $15,100 in 2024, with grant sizes ranging from $500 to $2,500 across ten different projects.

Governance and Impact

Eastwood Rotary Foundation Inc. operates in alignment with the principles of its parent organization, emphasizing diversity, equity, and inclusion. It is dedicated to making a positive impact on the community through its various initiatives, focusing on both immediate needs and long-term development goals.