Rolls-Royce Foundation FY2022 filing

Tax-deductible

Mechanicsburg, PA501(c)(3)Arts & CultureEIN 23-2904195

This page gets seen. Tell your story. Claim this org.

Dedicated to the heritage of Rolls-Royce and bentley motorcars through education, community engagement, world-wide research, and preservation of historically significant acquisitions for public display

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $49K a year · 41% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 8.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$43K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$129K
+350% vs prior year
Spent
$176K
To programs
72%
Net assets
$2.1M
By yearFY2020–FY2024
Revenue
$129K
FY2022▲ +350%
Revenue by fiscal year
FY2020$210K
FY2021−$51K
FY2022$129K
FY2023$249K
FY2024$56K
Expenses
$176K
FY2022▲ +11%
Expenses by fiscal year
FY2020$142K
FY2021$160K
FY2022$176K
FY2023$183K
FY2024$176K
Net assets
$2.1M
FY2022▼ -14%
Net assets by fiscal year
FY2020$3.2M
FY2021$2.5M
FY2022$2.1M
FY2023$2.2M
FY2024$2.1M

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $127K Management & general 15% · $27K Fundraising 13% · $23K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Di
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Past Chairma
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Rolls-Royce Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and educates about Rolls-Royce and Bentley motorcar heritage through research and public display.

Provided by the organization

This section is blank until Rolls-Royce Foundation claims this page.

Know this organization? Claim it to add your story

3 program services account for $125K of program spending, described in the organization's own filed words · FY2022.
01

Foundation committed to maintaining a museum to display collection for rolls-royce and bentley motor cars.

$113Kprogram expense
02

Autos and auto parts donated to foundation are refurbished for collection and sometimes resale.

$8Kprogram expense
03

Scholarship grants

$5Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$1K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$129K
Ln 12
Gifts and grantsLn 1h$90K
Other incomeLn 4–11$22K
Investment incomeLn 3$14K
Money outPt IX
$176K
Ln 25
Programscol B$127K
Managementcol C$27K
Fundraisingcol D$23K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$123K
Total assetsLn 16$2.1M
LiabilitiesLn 26$43K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$90K
Noncash giftsLn 1g$24K
Fees for servicesLn 2g$3K
Investment incomeLn 3$14K
Other incomeLn 4–11$22K
Gains on assetsLn 7$14K
Total revenueLn 12$129K
Assets in detailPt X, end of year
CashLn 1$123K
Cash and savings togetherLn 1–2$123K
Land, buildings, equipmentLn 10c$328K
Other assetsLn 15$1.6M
Total assetsLn 16$2.1M
LiabilitiesLn 26$43K
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 645
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$167K$123K
Land, buildings, equipmentLn 10c$344K$328K
Total assetsLn 16$2.5M$2.1M
LiabilitiesLn 26$19K$43K
Net assetsLn 32$2.5M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Management feesLn 11a$66K$33K$20K$13K
Legal feesLn 11b$10K$7K$970$1K
Advertising and promotionLn 12$2K$1K$187$281
Office expensesLn 13$17K$14K$1K$2K
Information technologyLn 14$415$311$42$62
OccupancyLn 16$25K$21K$2K$2K
TravelLn 17$1K$983$131$197
Conferences, conventions and meetingsLn 19$154$154
Depreciation, depletion and amortizationLn 22$16K$12K$2K$2K
InsuranceLn 23$17K$16K$1K
Other expenses (24a–d)Ln 24$14K$14K
All other expensesLn 24e$3K$2K$95$1K
Total functional expensesLn 25$176K$127K$27K$23K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $56K$176K−$121K$2.1M 990 PDF
FY2023 $249K$183K$66K$2.2M 990 PDF
FY2022 Viewing $129K$176K−$48K$2.1M 990 PDF
FY2021 −$51K$160K−$211K$2.5M 990 PDF
FY2020 $210K$142K$69K$3.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $128,650 across 9 lines filed
Lines not itemized here account for $13,227 of total revenue; see the IRS return.
VIII-1b Membership dues$38,022
VIII-1f All other contributions, gifts and grants$51,981
VIII-1g Noncash contributions (included above)$24,000
VIII-1h Total contributions, gifts and grants$90,003
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,195$3,195
VIII-3 Investment incomeExcluded from tax $29$29
VIII-7 Net gain or loss on sales of assetsExcluded from tax $13,551$13,551
VIII-8 Net income from fundraising eventsExcluded from tax $8,645$8,645
VIII-12 Total revenueRelated to mission $3,195 · Excluded from tax $35,452$128,650
Part IX · Statement of functional expenses $176,457 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $5,001$5,001
IX-11a Management feesPrograms $33,000 · Management $19,800 · Fundraising $13,200$66,000
IX-11b Legal feesPrograms $7,275 · Management $970 · Fundraising $1,455$9,700
IX-12 Advertising and promotionPrograms $1,403 · Management $187 · Fundraising $281$1,871
IX-13 Office expensesPrograms $14,144 · Management $1,082 · Fundraising $1,624$16,850
IX-14 Information technologyPrograms $311 · Management $42 · Fundraising $62$415
IX-16 OccupancyPrograms $20,823 · Management $1,633 · Fundraising $2,450$24,906
IX-17 TravelPrograms $983 · Management $131 · Fundraising $197$1,311
IX-19 Conferences, conventions and meetingsPrograms $154$154
IX-22 Depreciation, depletion and amortizationPrograms $11,893 · Management $1,586 · Fundraising $2,379$15,858
IX-23 InsurancePrograms $15,899 · Management $1,261$17,160
IX-24 Other expenses (24a–d)Programs $13,963$13,963
IX-24e All other expensesPrograms $2,099 · Management $95 · Fundraising $1,074$3,268
IX-25 Total functional expensesPrograms $126,948 · Management $26,787 · Fundraising $22,722$176,457
Part X · Balance sheet $2,149,584 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $166,716$122,818
X-8 Inventories for sale or useStart of year $34,579$43,329
X-9 Prepaid expenses and deferred chargesStart of year $4,013$7,638
X-10c Land, buildings and equipment, netStart of year $343,853$327,992
X-15 Other assetsStart of year $1,930,363$1,647,807
X-16 Total assetsStart of year $2,479,569$2,149,584
X-17 Accounts payable and accrued expensesStart of year $18,789$11,920
X-19 Deferred revenue$31,408
X-26 Total liabilitiesStart of year $18,789$43,328
X-27 Net assets without donor restrictionsStart of year $2,460,780$2,106,256
X-32 Total net assets or fund balancesStart of year $2,460,780$2,106,256
X-33 Total liabilities and net assetsStart of year $2,479,569$2,149,584
Part XI · Reconciliation of net assets $2,106,256 net assets at year end
XI-1 Total revenue$128,650
XI-2 Total expenses$176,457
XI-3 Revenue less expenses−$47,807
XI-4 Net assets at start of year$2,460,780
XI-9 Other changes in net assets−$306,717
XI-10 Net assets at end of year$2,106,256

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.