philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Lacey Rotary Foundation

Tax-deductible

Lacey, WA501(c)(3)Since 1985EIN 91-1333657Revenue $164K in FY2025

On file with the IRSPo Box 5850, 98509-5850 · Lacey, WATax-exempt since Jul 1986Publicly supported — 509(a)(2)

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

The Lacey Rotary Foundation enhances the club's ability to provide education scholarships and special civic projects for our local community. As a 501(c)(3) charitable organization, the Foundation expands the club's resources to serve the community at a higher level and allows the broad community to participate. Scholarships are awarded to local graduating high school students who exemplify the Rotary ideal of "service above self". Civic projects are selected by the Lacey Rotary club board of directors. The Foundation provides a number of opportunities for community participation via trusts, planned giving, annual member contributions and grants.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Run by 30 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
6 of 6
filings with a surplus
Average surplus $77K a year · 42% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
40 mo
of spending, in cash
Looks good: 40.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $11K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$181K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$164K
-42% vs prior year
Spent
$92K
To programs
62%
Net assets
$2.3M
By yearFY2020–FY2025
Revenue
$164K
FY2025▼ -42%
Tap a bar for its year
Revenue by fiscal year
FY2020$70K
FY2021$278K
FY2022$127K
FY2023$167K
FY2024$282K
FY2025$164K
Expenses
$92K
FY2025▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2020$54K
FY2021$145K
FY2022$124K
FY2023$110K
FY2024$102K
FY2025$92K
Net assets
$2.3M
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.9M
FY2021$2.1M
FY2022$1.6M
FY2023$1.9M
FY2024$2.1M
FY2025$2.3M

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1986.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $58K Management & general 38% · $35K

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. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Ken Fialkowski
Vice-Chair
$0Pt VII · Sec A
Terri Yurkas
Treasurer
$0Pt VII · Sec A
Ken Parsons
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lacey Rotary 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. Claim this org to fix it.

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 scholarships and funding for special civic projects.

Questions for Lacey Rotary Foundation

Tap to ask. Lacey Rotary Foundation sees how many people are interested.

Your first name shows with your question. Lacey Rotary Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $58K · in their own filed words · FY2025
01

Scholarships are awarded to local graduating high school students who exemplify the rotary ideal of "service above self"

$58Kprogram 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
Donor Advised Charitable Giving INCFY2024$10K
Morgan Stanley Foundation INCFY2024$1K
Finninsula Foundation INCFY2024$200
Total grants receivedfrom 3 funders$11K
See all 3 funders →
Grants paid · 5 grants · $363K · 2020–2025
Unitemized GrantFY2025$57,550
Unitemized GrantFY2024$70,500
Unitemized GrantFY2022$95,000
Unitemized GrantFY2021$112,900
Unitemized GrantFY2020$27,500

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$164K
Ln 12
Investment incomeLn 3$146K
Gifts and grantsLn 1h$50K
Money outPt IX
$92K
Ln 25
Programscol B$58K
Managementcol C$35K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$311K
Total assetsLn 16$2.5M
LiabilitiesLn 26$181K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$50K
Fundraising eventsLn 1c$30K
Investment incomeLn 3$146K
Gains on assetsLn 7$92K
Total revenueLn 12$164K
Assets in detailPt X, end of year
CashLn 1$37K
SavingsLn 2$273K
Cash and savings togetherLn 1–2$311K
InvestmentsLn 11–13$2.2M
Total assetsLn 16$2.5M
LiabilitiesLn 26$181K
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$309K$311K
InvestmentsLn 11–13$2.0M$2.2M
Total assetsLn 16$2.3M$2.5M
LiabilitiesLn 26$177K$181K
Net assetsLn 32$2.1M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$58K$58K
Accounting feesLn 11c$7K$7K
Investment management feesLn 11f$20K$20K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$2K$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$92K$58K$35K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $164K$92K$72K$2.3M 990 PDF
FY2024 $282K$102K$179K$2.1M 990 PDF
FY2023 $167K$110K$57K$1.9M 990 PDF
FY2022 $127K$124K$3K$1.6M 990 PDF
FY2021 $278K$145K$133K$2.1M 990 PDF
FY2020 $70K$54K$16K$1.9M 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 FY2025 990 (6 parts)
Part I · Summary $164,147 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $41,154$49,542
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $269,742$146,174
I-11 Other revenuePrior year −$29,327−$31,569
I-12 Total revenuePrior year $281,569$164,147
I-13 Grants and similar amounts paidPrior year $70,500$57,550
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $31,779$34,741
I-18 Total expensesPrior year $102,279$92,291
I-19 Revenue less expensesPrior year $179,290$71,856
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $164,147 across 7 lines filed
VIII-1c Fundraising events$30,001
VIII-1f All other contributions, gifts and grants$19,541
VIII-1h Total contributions, gifts and grants$49,542
VIII-3 Investment incomeExcluded from tax $53,726$53,726
VIII-7 Net gain or loss on sales of assetsExcluded from tax $92,448$92,448
VIII-8 Net income from fundraising eventsExcluded from tax −$31,569−$31,569
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $114,605$164,147
Part IX · Statement of functional expenses $92,291 across 7 lines filed
IX-2 Grants to domestic individualsPrograms $57,550$57,550
IX-11c Accounting feesManagement $7,048$7,048
IX-11f Investment management feesManagement $20,445$20,445
IX-11g Other fees for servicesManagement $1,601$1,601
IX-13 Office expensesManagement $2,068$2,068
IX-23 InsuranceManagement $2,302$2,302
IX-24 Other expenses (24a–d)Management $1,277$1,277
IX-25 Total functional expensesPrograms $57,550 · Management $34,741 · Fundraising $0$92,291
Part X · Balance sheet $2,480,698 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $56,331$37,274
X-2 Savings and temporary cash investmentsStart of year $253,105$273,239
X-11 Publicly traded securitiesStart of year $1,959,364$2,170,185
X-16 Total assetsStart of year $2,268,800$2,480,698
X-18 Grants payableStart of year $176,700$181,183
X-26 Total liabilitiesStart of year $176,700$181,183
X-32 Total net assets or fund balancesStart of year $2,092,100$2,299,515
X-33 Total liabilities and net assetsStart of year $2,268,800$2,480,698
Part XI · Reconciliation of net assets $2,299,515 net assets at year end
XI-1 Total revenue$164,147
XI-2 Total expenses$92,291
XI-3 Revenue less expenses$71,856
XI-4 Net assets at start of year$2,092,100
XI-5 Net unrealized gains (losses) on investments$135,559
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,299,515

Form 990 e-file (XML) FY2025 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

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.