Racine Founders Club Rotary Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The receipt, holding, investment, and expenditure of gifts, donations, bequests, devises and membership contributions, together with all income therefrom for the benefit of any humane, charitable, educational or civic purpose.
- Income
- $232,736
- Spending
- $219,317
- Spent on programs
- 99%
- Reserves
- 16.2 months of spending
- Largest source of income
- donations and private grants, 83%
- Employees
- 0
- Volunteers
- 80
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover 16.2 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
15 of 15Income rose 156% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 71 out of 100.
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $104,636 spent. Foundation members plan, organize and put on a County wide Post Prom for high-school seniors. Over 1,000 kids participate in a drug-free party atmosphere. Multiple entertainment options are available, games, karaoke, bands, food, soft drinks, etc.
- $77,681 spent. International Program, Belize, multiple members traveled to Belize to bring medical and classroom supplies. The members also provided first aide kits, and AEDs. Largest item shipped/donated was a fire truck. The logistics for the fire truck were cordinated by Rotarians and the WI Air National Guard. Rotarian teams trained locals on the medical items and certified multiple locals in first aide and CPR. A reading program for small children was also conducted.
- $34,635 spent. Scholarships (Strive) are given to multiple students who show improvement in their later years of high school. These scholarships are paid directly to a higher education facility on the students behalf. Grants and donations are given to Racine County organizations that fit the criteria established by the current borrd. The criteria always follow the basic tenets of the organization. This year the emphasis was on organizations that help children in some way.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1990.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.