Riley Family Foundation

Organization Overview

Riley Family Foundation is located in Melville, NY. The organization was established in 1992. 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. Riley Family Foundation 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 02/2022, Riley Family Foundation generated $837.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $899.5k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Riley Family Foundation has awarded 78 individual grants totaling $2,540,060. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $327
Dividends & Interest $496,446
Net Rental Income$0
Net Gain on Sale of Assets $337,294
Capital Gain Net Income $337,294
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,973
Total Revenue $837,040

Grants Awarded

Over the last fiscal year, Riley Family Foundation has awarded $813,180 in support to 20 organizations.

Grant RecipientAmount

NYU LANGONE MEDICAL CENTER

PURPOSE: SEE STATEMENT #13

$250,000

MARYMOUNT SCHOOL OF NEW YORK

Org PageRecipient Profile

New York, NY

PURPOSE: SEE STATEMENT #13

$250,000

ST JOHN'S UNIVERSITY

PURPOSE: SEE STATEMENT #13

$97,500

CHURCH OF ST IGNATIUS LOYOLA

Org PageRecipient Profile

New York, NY

PURPOSE: SEE STATEMENT #13

$86,800

GILLEN BREWER SCHOOL

Org PageRecipient Profile

New York, NY

PURPOSE: SEE STATEMENT #13

$60,880

VILLANOVA UNIVERSITY

Org PageRecipient Profile

Villanova, PA

PURPOSE: SEE STATEMENT #13

$15,000
View Grant Profile

Peer Organizations

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