Passes our checks

Rotary Club of Lakeville Foundation

EIN 46-0789408 · Lakeville, MN

Public records show a registered, tax-exempt organization in good standing.

What it says it does

Service and financial support to local charities, students and Rotary International efforts

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 71 out of 100. Higher than 40% of charities in its peer group (philanthropy, under $250k).

Reserves
35 of 35
Spendable reserves would cover 12.3 months of spending.
Debt
16 of 20
It owes 19% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 17% of income.
Income trend
5 of 15
Income fell 18% on the year before.
Spending floor
15 of 15
92% 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

Good: 76 out of 100. Higher than 68% of charities in its peer group (philanthropy, under $250k).

Independent board
25 of 25
9 of 9 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Pay set independently
0 of 5
Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10
Reports 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

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)

$103,257 spent. Community Service - Charitable grants benefiting over one thousand people in Lakeville and surrounding communities. Charities supported include food shelves, schools, scouting, disabled, senior citizens, youth and community.
$63,402 spent. Youth Service - Programs directly benefiting over 200 students in Lakeville. Main efforts include STRIVE mentorship program, scholarships, Camp RYLA, Camp Enterprise, Student of the Month recognition.
$38,703 spent. International Service - Support for international efforts to eradicate polio, clean water initiatives, nutrition, and youth exchange programs. Overall efforts of Rotary International benefit millions of people worldwide.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

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 July 2014.
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.