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| Rotary Club of Sonora Sunrise Foundation |
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| The Sonora Sunrise Rotary Club
wanted to create a club foundation to solicit donations that could be
used for the benefit of the County of Tuolumne. In addition, the Sonora
Sunrise Rotary Club wanted to create an Internal Revenue Code Section
501(c)(3) non-profit foundation which would allow the club more
flexibility in fund raising and applying for grants to support the club’s
projects. The Sonora Sunrise Rotary Club Foundation is a complement to
The Rotary Foundation and does not directly compete with The Rotary
Foundation. The Rotary Foundation focuses on international projects while
the Sonora Sunrise Rotary Club Foundation focuses on projects within the
County of Tuolumne.
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| The Sonora Sunrise Rotary Club
Foundation, Inc. is a non-profit, tax exempt 501(c)(3) organization and
an affiliate of the Sonora Sunrise Rotary Club of Sonora, California that
was created on February 2, 2004. It is dedicated to supporting programs
and initiatives that serve the community and to advancing the ideals of
the Sonora Sunrise Rotary Club and Rotary International. It supports
causes which enhance educational opportunities, improve quality of life,
improve access to health care, address social problems, advance charitable
giving, and/or provide emergency relief. The foundation exists primarily
for the benefit of the residents of Tuolumne County, but may also support
regional, state and international programs.
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| Donors may contribute tax
deductible gifts to the Foundation in any one or more of the following
ways:
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| (A) |
Endowment Fund. Gifts to the Endowment
Fund shall be retained in perpetuity. The income derived from
investment of such gifts shall be utilized to make charitable
contributions, and any realized gain in value may also be
utilized for such purpose. |
| (B) |
Rotating Fund. Cash gifts shall be
allocated to the Rotating Fund. Such gifts shall be retained
until the beginning of the second fiscal year after receipt
and then utilized to make charitable contributions. All cash
gifts received by the Foundation which are not restricted
shall be allocated to the Rotating Fund. |
| (C) |
Special Projects Fund. Gifts to the
Special Projects Fund may be utilized anytime after receipt. |
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The Foundation shall make charitable
contributions in accordance with the following guidelines:
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| (1) |
Charitable contributions to Tuolumne County
area schools and/or to schools in California for educational
scholarships for students deemed worthy and needy;
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| (2) |
Charitable contributions for youth activities
and to youth organizations within, or substantially benefitting,
the Tuolumne County area and/or California;
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| (3) |
Other charitable organizations within, or
substantially benefitting, the Tuolumne County area and/or California;
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| (4) |
Charitable organizations which help alleviate
suffering in a time of crisis, wherever situated; and
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| (5) |
Other charitable organizations approved by a
majority of the Board of Directors of the Corporation, wherever situated.
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| If you are interested in donating to the Sonora Sunrise
Rotary Club Foundation, please send an email to
info@sonorasunriserotary.com with your name and contact information and someone will be in
touch.
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