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Nonprofit · EIN 01-0374097

KENNEBUNK ROTARY SCHOLARSHIP FUND INC

Tax-exempt · KENNEBUNK, ME 04043

Financials

$150K$61K2023$286K$60K2024
Revenue Expenses · by fiscal year end
Financials of KENNEBUNK ROTARY SCHOLARSHIP FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$285,647$59,525$226,122$1,092,618$55,200$1,037,418
June 30, 2024990$150,469$60,777$89,692$1,039,645$67,300$972,345
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$273,047
Net gain from sales of assets
$240,071
Net income from gaming
$12,600
Other revenue
$12,600

Expenses

Grants and similar amounts paid
$53,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$985
Program services (functional)
$53,000
Management and general (functional)
$6,525

Balance sheet and other

Total assets, start of year
$1,039,645
Total assets, end of year
$1,092,618
Total liabilities, end of year
$55,200
Net assets, end of year
$1,037,418
Publicly traded securities
$646,027
Gross receipts
$1,364,041
Employees
0
Volunteers
9
State of legal domicile
ME

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOE EVERETTSECRETARY
Trustee or director, Officer
1$0
KATHLEEN GOLINIPRESIDENT
Trustee or director, Officer
1$0
WILLIAM HIDELLTREASURER
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
KIM CHILTONPRESIDENT
Trustee or director, Officer
1$0
JOE EVERETTASST SECRETA
Trustee or director, Officer
1$0
WILLIAM HIDELLVICE PRESIDE
Trustee or director, Officer
1$0
BOB MACKENZIEDIRECTOR
Trustee or director
1$0
MARK ROSSTREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 888, KENNEBUNK, ME 04043-0888
In care of
% ROGERS & HUTCHINS P C
Mailing address (990-N for 2018)
62 Portland Road, Kennebunk ME 04043
Principal officer (990 for 2024)
KATHLEEN GOLINI, 32 BERYLS WAY, KENNEBUNKPORT, ME 04046
Principal officer (990-N for 2018)
Douglas Rogers, 62 Portland Road, Kennebunk ME 04043
Signed the 990
KATHLEEN GOLINI, PRESIDENT
Return prepared by
ROGERS & HUTCHINS PC CPA'S

Mission

ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS TO BE ADDED TO PRINCIPAL BALANCE TO EARN INVESTMENT INCOME FROM WHICH TO AWARD SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS SEEKING TO FURTHER THEIR EDUCATION IN POST SECONDARY ENVIRONMENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • RAISING FUNDS FOR THE PURPOSE OF AWARDING SCHOLARSHIPS TO STUDENTS.
    Expenses $53,000 · grants $53,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
01-0374097
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,092,618
Income (IRS master file)
$1,364,041

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$285,647$59,525$1,092,618XML
990June 2024$150,469$60,777$1,039,645XML
990June 2023$28,834$25,536$897,001IRS
990June 2022$45,818$13,722$796,554IRS
990June 2021–––IRS
990-N for 2018
Officer: Douglas Rogers
June 30, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0374097).

Questions about KENNEBUNK ROTARY SCHOLARSHIP FUND INC

What is the EIN of KENNEBUNK ROTARY SCHOLARSHIP FUND INC?
The employer identification number (EIN) of KENNEBUNK ROTARY SCHOLARSHIP FUND INC is 01-0374097.
Is KENNEBUNK ROTARY SCHOLARSHIP FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to KENNEBUNK ROTARY SCHOLARSHIP FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KENNEBUNK ROTARY SCHOLARSHIP FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KENNEBUNK ROTARY SCHOLARSHIP FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENNEBUNK ROTARY SCHOLARSHIP FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of KENNEBUNK ROTARY SCHOLARSHIP FUND INC?
The 990 for the year ended June 30, 2025 names KATHLEEN GOLINI.
Who are the officers and directors of KENNEBUNK ROTARY SCHOLARSHIP FUND INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does KENNEBUNK ROTARY SCHOLARSHIP FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $285,647, expenses of $59,525 and total assets of $1,092,618 at year end.

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