Royal Heritage Foundation Inc
- Assets
- $150.0k
- Revenue
- $101.9k
- Investments
- $20.5k
- Employees
- 0
- Location
- Lynbrook, NY
- Founding
- 03/1988
- Data as of
- 09/2022
- EIN
- 11-2883957
Organization Overview
Royal Heritage Foundation Inc is located in Lynbrook, NY. The organization was established in 1988. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Heritage 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 09/2022, Royal Heritage Foundation Inc generated $101.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $60.1k during the year ending 09/2022. While expenses have increased by 12.5% per year over the past 6 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 2015, Royal Heritage Foundation Inc has awarded 275 individual grants totaling $248,210. 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 |
|---|---|---|---|
Shelby Goldgrab Director | 1 | $0 | |
Robin Goldgrab Director | 0 | $0 | |
Steven Goldgrab Director | 0 | $0 | |
Barry Goldgrab Director | 0 | $0 | |
Jeffrey Goldgrab Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $317 |
| Dividends & Interest | $1,533 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,960 |
| Total operating and administrative expenses | $12,610 |
| Contributions, gifts, grants paid | $47,530 |
| Total expenses and disbursements | $60,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,542 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $150,021 |
| 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, Royal Heritage Foundation Inc has awarded $47,530 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
RAMBAM MESIVTA PURPOSE: GENERAL SUPPORT | $10,000 |
Woodmere, NY PURPOSE: GENERAL SUPPORT | $6,650 |
YOUNG ISRAEL OF WOODMERE PURPOSE: GENERAL SUPPORT | $5,050 |
CAMP KAYLIE OHEL PURPOSE: GENERAL SUPPORT | $5,000 |
YOUNG ISRAEL OF SCARSDALE PURPOSE: GENERAL SUPPORT | $4,100 |
New York, NY PURPOSE: GENERAL SUPPORT | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |
Greenwich Historical Society Inc Cos Cob, CT | $25,626,567 | $1,529,771 |