Wildomar Rotary Club Foundation Inc.

Overview

The Wildomar Rotary Club Foundation Inc. is a registered nonprofit organization based in Wildomar, California. It operates under the auspices of the 501(c) section of the U.S. tax code, which designates it as an organization eligible for tax-deductible donations. The foundation is involved in charitable, educational, and community development activities, aligning with the broader goals of Rotary Club International.

Mission and Programs

The foundation's mission is to provide humanitarian services through various events and programs. One notable program is the Wildomar BBQ, which serves as a fundraising event to support local community needs. Additionally, the foundation supports the Elsinore Student of the Month program, recognizing and rewarding academic achievements among students. These initiatives reflect a commitment to fostering community development and promoting educational excellence.

Financial Overview

Financial data indicates that the Wildomar Rotary Club Foundation Inc. derives its revenue primarily from fundraising events and contributions. In recent years, net fundraising has constituted a significant portion of its total revenue, with contributions also playing a role. The organization maintains zero liabilities and has consistently held total assets ranging from approximately $15,000 to $25,000 over different fiscal years.

Governance and Reporting

As with all exempt organizations, the Wildomar Rotary Club Foundation Inc. files annual tax returns with the Internal Revenue Service (IRS), providing detailed financial information and organizational activities. These filings, accessible through platforms like ProPublica's Nonprofit Explorer and GuideStar, offer transparency into the foundation's operations and financial health.

Community Impact

Through its activities, the Wildomar Rotary Club Foundation Inc. contributes to the civic and social fabric of the local community. Its programs aim to enhance the quality of life for residents, particularly youth and students, by providing recognition and support for academic achievements and fostering community engagement through events like the Wildomar BBQ.