Mentor Rotary Foundation

The Mentor Rotary Foundation is a U.S. nonprofit organization associated with the Rotary International movement. It operates in Mentor, Ohio, and supports both local and international programs that benefit those in need while providing educational scholarships for students in the local area.

Mission

The foundation's mission is to help support programs that benefit people in need and to provide educational scholarships for local students. This aligns with Rotary International's broader goals of promoting humanitarian service and encouraging high ethical standards in business and professional practices.

Activities and Programs

• Local and International Programs: The organization focuses on supporting initiatives that address community needs, both locally and internationally. This includes a wide range of charitable activities that align with Rotary's global initiatives.
• Educational Scholarships: The foundation offers scholarships to local students, which not only supports individual development but also contributes to the educational enhancement of the community as a whole.
• Community Engagement: By participating in Rotary events and activities, the foundation promotes community engagement and helps foster a culture of service among its members.

Financial Overview

As of recent reporting, the Mentor Rotary Foundation has maintained a modest financial structure:

• Revenue: The foundation generates revenue, with recent figures indicating around $20,000.
• Expenses: It spends on its programs and operational costs, with expenses closely aligned with revenue levels.
• Assets and Liabilities: The foundation holds assets worth approximately $128,000, with no liabilities reported. This financial stability allows it to maintain its charitable efforts effectively.

Role in the Community

The Mentor Rotary Foundation plays a significant role in the local community by supporting educational and humanitarian causes. Through its involvement with Rotary International, it is part of a global network of service-minded professionals who strive to make a positive impact on society.