On April 27, 2006, the Rotary Club of Morristown A.M. chartered a 501(c)(3) foundation, Rotary A.M. Morristown Foundation, Inc. The purpose of the foundation is to provide humanitarian aid to individuals in need. We seek to reach this goal through all means available, including but not limited to, providing services, food, health care, medicines, education, grants to other qualified organizations or any other service that the Board of Directors shall authorize.
The affairs and property of the corporation are under the control of a Board of Directors. The Board consists of the current President of Rotary Club of Morristown A.M., a Foundation Treasurer appointed by the current President of Rotary Club of Morristown A.M. and the three most recent past Presidents of the Rotary Club of Morristown A.M. plus any additional members the Board may deem necessary up to a maximum of seven members. The fiscal year for the Foundation is July through June 30 of each year.
All funds received by the Rotary Club of Morristown A.M. for the Golf Tournament, Children’s Christmas Shopping Spree etc. and /or other additional charitable donations are deposited to the Foundation account and then disbursed in charitable donations as directed by the Foundation Board of Directors.
The Foundation assures our donors that all funds received by our Club are intended to be used solely for donations to charities and not for the regular operating expenses of the Club. Contributors are also given notice that their donation is tax deductible in accordance with applicable tax laws.