History and Purpose
The Stockton Rotary Endowment was incorporated on March 3, 1982 on behalf of the Rotary Club of Stockton, California for the express purpose of receiving charitable gifts, donations and bequests, to fund annually designated charitable activities within the San Joaquin County area.
All monies given to the Stockton Rotary Endowment are added to the principal, which will remain in perpetuity in your memory. The monies so received are prudently invested and only the earnings from these investments fund the annual charitable gift allocations. The Stockton Rotary Endowment Officers and Trustees are composed of respected Rotary Club of Stockton members whose professions encompass the legal, investment and administrative disciplines. A professional investment firm is employed to manage the funds invested in SRE. These managers will maximize and enhance your contribution and help your gift grow.
The club solicits requests for funds for projects of deserving local charitable organizations each year. A Charity Allocations Request form is available by clicking here. Gifts to the endowment may be deductible for purposes of Income tax, Gift Tax, or Estate Tax. The General Application Conditions can be seen here. Detailed endowment Components can be seen here.
The Internal Revenue Service recognizes the Endowment as a public foundation, contributions to which may be deductible for all the above purposes on federal tax returns. The California Franchise Tax Board recognizes the Endowment as a tax-exempt organization.
A summary of the Endowment appears below. Please click here to read a more complete description of the Endowment. This document is printable. Endowment Fund Components are as follows:
- The General Charity Fund
- The Frank T. Smith Music Scholarship Fund
- The Twenty Five Rotarian Community Service Scholarship Fund
- The Lange Family Health, Hunger and Clothing Fund
- The Patmon Family Memorial Fund
- The World War II Memorial Fund
- The Woodward-Clark Library Fund
The memorial incorporates individual engraved named bricks honoring those persons who served in the Army, Army Air Force, Navy, Marines, and Merchant Marine. Completed in 2009, 827 individual memorial bricks are present at the site.
The Fund will insure that the memorial is maintained in a respectful and honorable way befitting those who are honored.
The purpose of the Library Funds for the purchase of children’s library books in public and not-for-profit private schools and libraries of San Joaquin County, for grades K-6. You may help the Stockton area permanently through the Stockton Rotary Endowment. Contact us for more information.