Rotary Club of Sarasota Foundation
PO Box 2766
Sarasota FL 34230-2766
Mission
Helping The Rotary Club of Sarasota build a better community and world through educational, humanitarian, and charitable endeavors.
Leadership
CEO/Executive Director No CEO
Board Chair Mr. Kumar Mahadevan
Board Chair Affiliation Retired Scientist, Mote Marine
General Info
Organization DBA
DBA
Rotary Club of Sarasota Foundation
Former Names
Sarasota Rotary Foundation, Inc
Tax Exempt Status Public Supported Charity
Incorporation Year 1964
State Charitable Solicitations Permit Yes Feb 2018
State Registration Yes 0
IRS Letter of Determination
View
Financial Summary
 
 
Projected Revenue $70,000.00
Projected Expenses $70,000.00
Impact Statement
The Rotary Club of Sarasota Foundation (RCSF) is the charitable arm of the Rotary Club of Sarasota, Its primary emphasis is to supply seed funding, volunteer hours, and logistical support to assure Sarasota County students have access to a quality education by minimizing food insecurity, updating educational equipment and support, and supporting dental hygiene.  By providing school-based food pantries, digital learning labs, and dental services, local students will be better equipped to achieve Grade Level Reading and other academic benchmarks.
Food Insecurity:  The RCSF, in support of All Faiths Food Bank, provided, and continues to provide, funding and volunteer hours for school-based food pantries at Alta Vista, Emma E. Booker, & Tuttle Elementary Schools; Booker Middle School, and North Port High School.
Education Equipment:  Digital Learning Labs (DLL) have helped students improve math and reading skills by 58% & 56% respectively.  The RCSF provided $20,000 challenge match seed funding, which was matched.  DLLs have been, or will be, created at Tuttle Elementary, Jacaranda Library, Children First Head Start, Girls Inc., and Wilkinson Elementary.
Dentay Hygiene:  Tooth decay is epidemic among school children, particularly those in Title 1 schools.  The RCSF has dedicated $20,000 for challenge match seed funding to make school-based dental hygiene and education available at all of Sarasota County's Title 1 schools. 
Needs Statement
The Rotary Club of Sarasota Foundation's goals for the coming years are to establish school-based:
1.   Food pantries, working with All Faiths Food Bank.
2.   Digital Learning Labs, working with and supporting the Education Foundation of Sarasota County.
3.  Dental Services, working with the Sarasota County Health Department, The Patterson Foundation, and The Community Foundation. 
 
The RCSF wisely used all contributions to support these initiatives.  It needs support from the public to attain these goals. 
Background Statement
The Foundation was established in 1964 as a means of focusing our Rotary Club's charitable giving specifically on the needs or our community. 
Areas Served
Areas Served
Area
FL- Sarasota
FL- Manatee
Service Categories
Primary Org Type Education
Secondary Org Type Health Care
Tertiary Org Type
Statement from the Board Chair/Board President
Rotarians strive to make the world better, one community at the time. The Rotary Club of Sarasota Foundation is comprised of members of the oldest Rotary Club in Sarasota, founded in 1926. Over these past decades, our membership of 90+ successful and committed men and women have demonstrated Rotary's principals of "Service Above Self" in our community and beyond. The professional diversity of our membership has allowed our Club and Foundation to play an important role in charitable services to those in need. Needs have never been greater, and through our association with other non-profits, and the support of other committed donors, we hope to increase our impact. 
Our SUCCESSES have been many, and are heart warming! Please go to www.rotaryclubofsarasotafoundation.org to learn more about how we have targeted our giving. Over the past 5 years, we have given in excess of $140,000 to a number of non-profits in Sarasota! Our greatest challenge is developing the resources help more students achieve grade level expectations. 
Programs
Description
Food insecurity is a major issue impacting children and families. When students do not receive access to nutritious meals, their ability to learn also suffers. There is a connection between the performance of students at some Title I schools and access to healthy food.
 
Our FEED THE STUDENT & FUEL THE BRAIN food security program funds healthy snacks  and school based food pantries at local Title 1 schools and other Reading Coalition Institutions to ensure that students have their needs met.
Budget $150,000
Category Education, General/Other Early Childhood Education
Program Linked to Organizational Strategy Yes
Population Served Children Only (5 - 14 years) K-12 (5-19 years) At-Risk Populations
Short Term Success
Our current goal is to sustain the School Based Food Pantries in schools that have them and to start up to six pantries in the next 18 months.
Long Term Success
In the long term, we hope to make sure that all Sarasota County food insecure students are served.  We have started pantries in the most needy schools, and are working on starting pantries in the schools with the highest percentage of needy populations. This will help both teachers and students improve the quality of education at the schools.
Program Success Monitoring
We will measure success by working in partnership with school administrators to increase the number of parents who participate with the school in obtaining take home food in hopes that in the long-term, all schools will be come Grade A schools.
Program Success Examples
The success of our food insecurity program at Alta Vista Elementary School, Emma E. Booker Elementary, and assisting Longboat Key Rotary with Tuttle Elementary has demonstrated with virtually no students at schools with pantries show a need for food.  The summer program at Alta Vista Elementary School involved a "Parent University" in which parents were required to attend classes in order to receive benefits for their families. This has increased parental involvement in education.
Description The Foundation committed $20,000 to match $ for $ contributions from other organizations to initiate Digital Learning Labs at Tuttle Elementary School, Children First Head Start, Jacaranda Library, and Wilkinson Elementary Schools.  The funds were matched and Digital Learning labs have been, or will be, created as outlined.  The labs have a track record of improving student's math and reading scores by 58% and 56% respectively.
Budget $10,000
Category Education, General/Other
Program Linked to Organizational Strategy Yes
Population Served Children Only (5 - 14 years) Adults
Short Term Success Digital Learning Labs have a record of improving math and reading scores by 58% and 56% respectively.
Long Term Success See Short Term Success.  The Education Foundation of Sarasota County carefully tracks the success of each DLL.
Program Success Monitoring The Education Foundation of Sarasota County monitors the DLLs.
Program Success Examples See the statistics stated in Short Term Success.
Description The intent is to supply the equipment necessary for the Sarasota County Health Department to provide on-site dental exams, education, and preventative care at appropriate locations.
Budget $20,000
Category Health Care, General/Other Dental Health Care
Program Linked to Organizational Strategy Yes
Population Served Children Only (5 - 14 years) Adults Adolescents Only (13-19 years)
Short Term Success Health Department reports on number of students served.
Long Term Success Improved student learning due to less absenteeism.
Program Success Monitoring Sarasota County Health Department reports.
Program Success Examples Increase in the number of students achieving grade level expectations.
Comments
Program Comments by Organization
BOARD CHAIR COMMENT 
Our single biggest challenge is discovering The Big Idea.  We are now looking to other non-Club prospective donors, and possible fundraising projects. We believe our Foundation offers a unique opportunity for other potential donors who share the same giving interests, to rely on our process and due diligence for granting awards.
CEO/Executive Director
CEO/Executive Director No CEO
CEO Term Start 0
CEO/Executive Director Email n/a
Former CEOs/Executive Directors
NameTerm
Senior Staff
NameTitle
Staff & Volunteer Statistics
Full Time Staff 0
Part Time Staff 0
Staff Retention Rate % N/A
Professional Development No
Contractors 0
Volunteers 9
Management Reports to Board N/A
CEO/Executive Director Formal Evaluation N/A
Senior Management Formal Evaluation N/A
Non-Management Formal Evaluation No
Collaborations
The Rotary Club of Sarasota Foundation collaborates with the Rotary Club of Sarasota, its members, The Rotary Foundation, and the Community Foundation of Sarasota County in our grant-making process. We collaborate with all of the organizations we fund through volunteering, site visits and sharing their needs with our membership.
External Assessments and Accreditations
Assessment/AccreditationYear
Risk Management Provisions
Government Licenses
Organization Licensed by the Government No
Plans
Fundraising Plan No
Communication Plan No
Strategic Plan No
Strategic Plan Years
Strategic Plan Adopted 0
Management Succession Plan Yes
Continuity of Operations Plan No
Policies
Nondiscrimination Policy No
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy No
Policies and Procedures No
Comments
Management Comments by Organization Our Foundation exists solely as a philanthropic organization. As such, we have no paid staff. Our Board of Trustees are elected from and by the members of the Rotary Club of Sarasota. 
Board Chair
Board Chair Mr. Kumar Mahadevan
Company Affiliation Retired Scientist, Mote Marine
Board Term July 2016 to June 2017
Board Chair Email Kumarmahadevan7@gmail.com
Board Members
Board Members
NameAffiliation
Jim Henry Retired Businessman
Susan Leavis Rotary Club of Sarasota
Sarah Lodge Financial Planner
Mr. Vicente Medina Rotary Club of Sarasota
Kumar Muhadavan Retired Executive
Ron Rayevich RayMar Associates
Parlane (Par) Reid Rotary Club of Sarasota
Jo Rutstein Community leader
Joan Verizzo Community Volunteer
Constituency Includes Client Representation No
Board Ethnicity
African American/Black 0
Asian American/Pacific Islander 1
Caucasian 8
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Gender
Male 5
Female 4
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 2
Board Orientation Yes
Number of Full Board Meetings Annually 5
Board Meeting Attendance % 93
Board Self-Evaluation Yes
Written Board Selection Criteria Yes
Board Conflict of Interest Policy Yes
% of Board Making Monetary Contributions 100
% of Board Making In-Kind Contributions 100
Comments
Governance Comments by Organization
The Foundation has a standing Grants Committee and Advancement Committee.  The Grants Committee reviews projects and recommends grant funding to the board.  The Advancement Committee includes constant community outreach for new projects as well as fund development.
Fiscal Year Projections
Fiscal Year Begins 2016
Fiscal Year Ends 2017
Projected Revenue $70,000.00
Projected Expenses $70,000.00
Organization has Endowment Yes
Endowment Value $205,000.00
Endowment Spending Policy Income Only
Capital Campaign
In a Capital Campaign No
Campaign Purpose
Campaign Goal
Campaign Dates 0 to 0
Amount Raised To Date 0 as of 0
Anticipate Campaign within 5 years? Yes
Audit/Financial Documents
Historical Financial Review
Expense Allocation
Fiscal Year201520142013
Program Expense$21,370$11,521$18,750
Administration Expense$792$1,358$12,128
Fundraising Expense$0$0$0
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses2.223.081.21
Program Expense/Total Expenses96%89%61%
Fundraising Expense/Contributed Revenue0%0%0%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$214,854$187,912$161,172
Current Assets$214,854$187,912$161,172
Long-Term Liabilities$0$0$0
Current Liabilities$0$0$0
Total Net Assets$214,854$187,912$161,172
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountContributions, gifts, grants $41,137Contributions, gifts, grants $30,652Contributions, gifts, grants $31,308
Second Highest Funding Source & Dollar AmountInvestment Income $7,967Investment Income $8,967Investment Income $5,982
Third Highest Funding Source & Dollar Amount0 $00 $00 $0
CEO/Executive Director Compensation
Tax Credits No
Solvency
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities------
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Financials Comments
Financial Comments by Organization
BOARD CHAIR COMMENT 
Our historic and primary source of funds for granting have come from our Club members. Therefore our ability to award grants has been limited. Our policy in the past several years, has been not to utilize income or principal of our Endowment to award grants.  With contributions from Club surpluses over the past few years, coupled with recovery in the financial markets, the Endowment has grown by $70,000. Our challenge is to increase our grants in coming years, while also increasing our Endowment.  We are committed to bring the Endowment to a level that  insures a perpetual stream of income for grants. While growth of the Endowment is a goal, we are committed to increasing our annual giving to help satisfy local needs. To achieve both goals, we need to appeal to other sources of funds from donors, and fund raising efforts.
Financial Comments by Foundation Financial information taken from Federal Form 990-EZ.  Contributions include foundation and corporate support.
Nonprofit Rotary Club of Sarasota Foundation
Address PO Box 2766
Sarasota, FL 34237 2766
Phone 941 955-8761

THE COMMUNITY FOUNDATION OF SARASOTA COUNTY, INC. IS A REGISTERED 501(C)(3) NON-PROFIT CORPORATION. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (1-800-HELP-FLA) OR FROM THE WEBSITE: WWW.FRESHFROMFLORIDA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. ONE HUNDRED PERCENT (100%) OF EACH CONTRIBUTION IS RECEIVED BY THE COMMUNITY FOUNDATION OF SARASOTA COUNTY. REGISTRATION #SC-02471.