Rcb Charitable Foundation Inc

Organization Overview

Rcb Charitable Foundation Inc is located in Reading, MA. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rcb Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 04/2022, Rcb Charitable Foundation Inc generated $95.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $146.5k during the year ending 04/2022. While expenses have increased by 2.2% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Rcb Charitable Foundation Inc has awarded 75 individual grants totaling $249,528. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $13
Dividends & Interest $41,778
Net Rental Income$0
Net Gain on Sale of Assets $54,114
Capital Gain Net Income $54,114
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$172
Total Revenue $95,733

Grants Awarded

Over the last fiscal year, Rcb Charitable Foundation Inc has awarded $126,010 in support to 45 organizations.

Grant RecipientAmount

BURBANK YMCA

PURPOSE: SCOREBOARD - CAPITAL CAMPAIGN

$15,250

GREATER LAWRENCE COMMUNITY ACTION COUNCIL

Org PageRecipient Profile

Lawrence, MA

PURPOSE: $10,000 FINAL PLEDGE PAYMENT; $2,500 FOR 2 PLANTERS IN DOWNTOWN LAWRENCE

$12,500

LEADS INC

PURPOSE: EVENT SPONSORSHIP

$10,000

STONEHAM THEATER CORPORATION DBA GREATER BOSTON STAGE COMPANY

PURPOSE: GENERAL SUPPORT

$10,000

WINCHESTER HOSPITAL

Org PageRecipient Profile

Winchester, MA

PURPOSE: GRANITE BENCH IN MEMORY OF GENE LOUBIER

$7,500

LAWRENCE PARTNERSHIP

Org PageRecipient Profile

Lawrence, MA

PURPOSE: GENERAL SUPPORT

$7,500
View Grant Profile

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