Ansin Foundation Rinet Company Llc
- Assets
- $3.9m
- Revenue
- $173.0k
- Investments
- $3.7m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/1958
- Data as of
- 12/2022
- EIN
- 04-6067779
Organization Overview
Ansin Foundation Rinet Company Llc is located in Boston, MA. The organization was established in 1958. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ansin Foundation Rinet Company Llc 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 12/2022, Ansin Foundation Rinet Company Llc generated $173.0k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $285.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ansin Foundation Rinet Company Llc has awarded 16 individual grants totaling $905,959. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph L Ansin Trustee - As Needed | 0 | $0 | |
Patrick B Maraghy Foundation Mngr -As Needed | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $132 |
| Dividends & Interest | $66,638 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $106,182 |
| Capital Gain Net Income | $106,182 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $172,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,485 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $53,753 |
| Contributions, gifts, grants paid | $231,315 |
| Total expenses and disbursements | $285,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $165,924 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,698,139 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,864,063 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ansin Foundation Rinet Company Llc has awarded $231,315 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BETH ISRAEL DEACONESS MED CTR PURPOSE: ULTRASOUND EQUIPMENT | $204,315 |
CENTRAL CATHOLIC HIGH SCHOOL PURPOSE: UNRESTRICTED | $25,000 |
JDRF PURPOSE: RESEARCH | $2,000 |