Bristol Rotary Scholarship Fund Inc
The Bristol Rotary Scholarship Fund is a private foundation established in 1991 and located in Bristol, Connecticut. The organization is a 501(c)(3) nonprofit that primarily funds scholarships for local residents through investment income and capital gains.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.9M
-0.3% YoY
Annual Giving
$267K
-8.2% YoY
Grant Count
35
-7.9% YoY
Avg Grant Size
$8K
-0.4% YoY
Mission & Focus Areas
The foundation promotes college education by awarding scholarships to deserving students. The primary funding mechanism is the Karl J. Schwartz Rotary Award Fund, established through a bequest from a former member of the Rotary Club of Bristol.
Grantmaking
Applicants must be graduating seniors from high schools in the following areas:
How to Apply
**
Ready to take the next step with Bristol Rotary Scholarship Fund Inc?
Geographic Focus
Where this funder awards grants
The foundation focuses on the Bristol, Connecticut area and surrounding towns, including Plymouth, Terryville, Southington, Plainville, and Burlington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $4,940,078
- Total revenues: $188,445
- Total expenses: $317,256
- Total grants, contributions, etc.: $3,000
- Investment income and dividends: Primary funding source
The foundation maintains an exceptionally substantial endowment that has grown to support significant annual scholarship distributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,923,485 | $4,940,078 | $5,072,364 |
| Revenue | $315,764 | $188,445 | $549,281 |
| Expenses | $330,547 | $317,256 | $364,973 |
| Qualifying Distributions | $293,175 | $283,184 | $328,707 |
| Net Investment Income | $275,392 | $192,673 | $511,015 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
188 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Whit Betts – President
- Dave Rackliffe – Treasurer
- Robert Dupont – Secretary
- Elmer Madsen – Vice President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID RACKLIFFE | TREASURER | 2 | — |
| MARK MACGREGOR | SECRETARY | 2 | — |
| PETER HERNANDEZ | PRESIDENT | 2 | — |
Recent News & Activity
Recent developments and announcements
The Karl J. Schwartz Rotary Award Fund has a 40-year history of providing scholarship support. The endowment has grown to a level enabling the foundation to distribute thousands of dollars annually to beneficiaries over their four-year college education. Scholarship America administers the program on behalf of the Bristol Rotary Scholarship Fund, Inc.
Twelve awarded Heather Bailey Memorial Scholarship | News | bristolpress.comRelated Funders
Similar funders by location and focus area
Christine E Moser Foundation
NEW BRITAIN, CT
Assets
$767K
Grants
7
Total Given
$36K
The Ravengate Foundation
OLD GREENWICH, CT
Assets
$1.2M
Grants
3
Total Given
$70K
Alderman Family Foundation
SALISBURY, CT
Assets
$33K
Grants
5
Total Given
$650
Calf Island Foundation
GREENWICH, CT
Assets
$172K
Grants
1
Total Given
$10K
Russel R Taylor Foundation
GREENWICH, CT
Assets
$2.6M
Grants
3
Total Given
$224K
Nancy a Larson Foundation Inc
OLD LYME, CT
Assets
$9K
Grants
8
Total Given
$12K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Bristol Rotary Scholarship Fund Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities