To make cash grants for educational, charitable, and benevolent purposes.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average deficit $58K a year · 18% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
11 mo
of spending, in cash
Plus $765K in investments, Pt X · Ln 11–13
Looks good: 10.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $38K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$290K
-14% vs prior year
Spent
$171K
To programs
96%
Net assets
$919K
By yearFY2021–FY2025
Revenue
$290K
FY2025▼ -14%
Tap a bar for its year
Revenue by fiscal year
FY2021$334K
FY2022$293K
FY2023$351K
FY2024$339K
FY2025$290K
Expenses
$171K
FY2025▼ -49%
Tap a bar for its year
Expenses by fiscal year
FY2021$83K
FY2022$979K
FY2023$324K
FY2024$339K
FY2025$171K
Net assets
$919K
FY2025▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.5M
FY2022$703K
FY2023$755K
FY2024$774K
FY2025$919K

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1967.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $165K Management & general 4% · $7K

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

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Sue Fifer$1,000———
Scott Cockerell—$375$562$750
Jared T Walsh—$375$563$750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lima Rotary Foundation executive salaries →

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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

Provides cash grants for educational, charitable, and benevolent causes.

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Provided by the organization

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1 program · $165K · in their own filed words · FY2024
01

No services are provided. The lima rotary foundation makes cash grants for educationa, charitable, and benevolent purposes.

$165Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$38K
Grants paid · 13 grants · $945K · 2020–2024
City of LimaFY2024$100,000
Unitemized GrantFY2024$35,500
Trinity United MethodistFY2024$6,400
City of LimaFY2023$273,393
Unitemized GrantFY2023$36,435
City of LimaFY2022$206,037
Unitemized GrantFY2022$52,900
Rotary InternationalFY2022$21,000
City of LimaFY2021$124,310
Unitemized GrantFY2021$36,750
Unitemized GrantFY2020$35,000
MesaFY2020$10,000
Marimor Legacy FoundationOH · FY2020$7,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$290K
Ln 12
Gifts and grantsLn 1h$201K
Other incomeLn 4–11$56K
Investment incomeLn 3$33K
Money outPt IX
$171K
Ln 25
Programscol B$165K
Managementcol C$7K
Owns and owesPt X
$919K
net assets · Ln 32
Cash and savingsLn 1–2$155K
Total assetsLn 16$919K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$201K
Investment incomeLn 3$33K
Other incomeLn 4–11$56K
Total revenueLn 12$290K
Assets in detailPt X, end of year
CashLn 1$155K
SavingsLn 2$74
Cash and savings togetherLn 1–2$155K
InvestmentsLn 11–13$765K
Total assetsLn 16$919K
LiabilitiesLn 26$0
Net assetsLn 32$919K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$69K$155K
InvestmentsLn 11–13$705K$765K
Total assetsLn 16$774K$919K
LiabilitiesLn 26$0$0
Net assetsLn 32$774K$919K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$129K$129K
Grants to domestic individualsLn 2$36K$36K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$1K$1K
Office expensesLn 13$88$88
InsuranceLn 23$550$550
Other expenses (24a–d)Ln 24$490$490
Total functional expensesLn 25$171K$165K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $290K$171K$119K$919K 990 PDF
FY2024Filed with the IRS Oct 30, 2024 $339K$339K$177$774K 990 PDF
FY2023Filed with the IRS Oct 25, 2023 $351K$324K$27K$755K 990 PDF
FY2022Filed with the IRS Nov 3, 2022 $293K$979K−$686K$703K 990 PDF
FY2021Filed with the IRS Oct 29, 2021 $334K$83K$251K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $290,204 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $274,049$200,929
I-9 Program service revenue$0
I-10 Investment incomePrior year $26,248$33,004
I-11 Other revenuePrior year $38,643$56,271
I-12 Total revenuePrior year $338,940$290,204
I-13 Grants and similar amounts paidPrior year $332,395$164,565
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,000$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $5,368$6,893
I-18 Total expensesPrior year $338,763$171,458
I-19 Revenue less expensesPrior year $177$118,746
Part VI · Governance 12 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $290,204 across 6 lines filed
VIII-1b Membership dues$7,681
VIII-1f All other contributions, gifts and grants$193,248
VIII-1h Total contributions, gifts and grants$200,929
VIII-3 Investment incomeExcluded from tax $33,004$33,004
VIII-8 Net income from fundraising events$56,271
VIII-12 Total revenueExcluded from tax $33,004$290,204
Part IX · Statement of functional expenses $171,458 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $129,065$129,065
IX-2 Grants to domestic individualsPrograms $35,500$35,500
IX-11c Accounting feesManagement $4,565$4,565
IX-11g Other fees for servicesManagement $1,200$1,200
IX-13 Office expensesManagement $88$88
IX-23 InsuranceManagement $550$550
IX-24 Other expenses (24a–d)Management $490$490
IX-25 Total functional expensesPrograms $164,565 · Management $6,893 · Fundraising $0$171,458
Part X · Balance sheet $919,484 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $69,127$154,869
X-2 Savings and temporary cash investmentsStart of year $74$74
X-12 Other securitiesStart of year $704,729$764,541
X-16 Total assetsStart of year $773,930$919,484
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $773,930$919,484
X-33 Total liabilities and net assetsStart of year $773,930$919,484
Part XI · Reconciliation of net assets $919,484 net assets at year end
XI-1 Total revenue$290,204
XI-2 Total expenses$171,458
XI-3 Revenue less expenses$118,746
XI-4 Net assets at start of year$773,930
XI-5 Net unrealized gains (losses) on investments$26,808
XI-10 Net assets at end of year$919,484

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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