Ritter Family Foundation

The information for Ritter Family Foundation is as of the organization's most recent filing in December '21. This organization is located in Ridgefield, CT. It has been in existence for 24 years, following its founding in 1997.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Ritter Family Foundation is a private grantmaking foundation classified under the NTEE code T20, which falls under the major classification of Philanthropy, Voluntarism & Grantmaking Foundations. As a private grantmaking foundation, the organization is a nongovernmental, nonprofit organization that manages funds and programs through its own trustees or directors. The foundation is established to support social, educational, religious, and other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the Ritter Family Foundation is classified under section 3 of the Internal Revenue Code, which encompasses organizations engaged in religious, educational, charitable, scientific, literary, public safety, amateur sports, or prevention of cruelty to children or animals work.

Grant History

Our dataset includes seven years of grant history for the Ritter Family Foundation. Over the course of these seven years, they have awarded a total of 166 grants, with an average check size of $58,709. On average, they award 24 grants each year. The foundation has awarded grants in various sectors, with the highest number of grants given in the Education sector (18), followed by Health Care (12) and Human Services (11). In terms of geographic distribution, the majority of grants were awarded in Connecticut (142), followed by New York (13), California (5), New Mexico (3), Massachusetts (2), and Tennessee (1).

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,915,898
Interest on Savings $11,283
Dividends & Interest $4,156
Net Rental Income$0
Net Gain on Sale of Assets -$451,661
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,479,676

Grants Awarded

Over the last fiscal year, Ritter Family Foundation has awarded $1,584,071 in support to 24 organizations.

Grant RecipientAmount

ODYSSEY FAMILY EXECUTIVE CENTER

PURPOSE: DONATION

$150,000

NORWALK ACTS

PURPOSE: DONATIONS

$110,000

MIDFAIRFIELD CHILD GUIDANCE

PURPOSE: DONATION

$108,571

REGIONAL YOUTH ADULT SOCIAL ACTION PARTNERSHIP

Org PageRecipient Profile

Bridgeport, CT

PURPOSE: DONATION

$100,000

CT RISE NETWORK

PURPOSE: DONATION

$100,000

FAMILY & CHILDREN'S AGENCY

Org PageRecipient Profile

Norwalk, CT

PURPOSE: DONATION

$100,000
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