As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2016, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $7,500. This amount represents over 25% of the Foundation's net assets of $29,115 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
HealthEnvironmentYouth Development
Application Information
Accepts Unsolicited ProposalsNo — Preselected Only
Phone8008391754
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
Year
Total Giving
Total Assets
Revenue
Grants
2016
$8K
$524K
$513K
6
2019
N/A
$227K
$10K
N/A
2020
$2K
$170K
$1K
1
2022
N/A
$77K
$24K
N/A
2023
$500
$21K
$110K
1
Grant Size Distribution
Based on 8 grants on record
Minimum
$500
25th Pctl
$500
Median
$1K
Average
$1K
75th Pctl
$2K
Maximum
$2K
Geographic Distribution
Key Personnel
Name
Title
Compensation
James R Lanning
Dir, Pres
$2K
ANDREW THORBURN
DIR PRES
—
KAREN THORBURN
SEC TREAS
—
Anne Davis
Sec, Dir
—
Grants Awarded
(8 total)
Purpose
TABITHA USA INC
WYNNEWOOD, PA
$2,500
Nokor Tep Woman's Hospital Project
2016
SUN LAKES ROTARY FOUNDATION 2000
CHANDLER, AZ
$2,000
General & Unrestricted
2016
ELDER LAW AND DISABILITY RIGHTS CENTER
SANTA ANA, CA
$2,000
Charitable Event
2020
OVERSEAS SCHOOLS ASSISTANCE CORPORATION
HYANNIS, MA
$1,000
Children of Haiti Project
2016
3000 MILES TO A CURE CO
LUMBERTON, NC
$1,000
Charitable Event
2016
BEREA BAPTIST MISSIONS INC
SPRING VALLEY, CA
$500
Rancho Sordo Mudo rebuilding project
2016
CONTEMPORARY POLICIES INSTITUTE
VILLA PARK, CA
$500
CHARITY
2023
THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL
EVANSTON, IL
$500
El Salvador water project, facilitated by the Silver Spring-Kensington Rotary Club