Rainis Family Foundation
- Assets
- $159.2k
- Revenue
- $153.9k
- Investments
- $111.4k
- Employees
- 0
- Location
- Palm City, FL
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 13-3941787
Organization Overview
Rainis Family Foundation is located in Palm City, FL. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainis 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 12/2021, Rainis Family Foundation generated $153.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $51.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rainis Family Foundation has awarded 210 individual grants totaling $613,925. 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 |
|---|---|---|---|
Eugene C Rainis Chair/pres | 0.5 | $0 | |
Mark E Rainis Secretary | 0.5 | $0 | |
Ellen Rainis Peters Vice Pres | 0.5 | $0 | |
David G Rainis Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $106,020 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,424 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,485 |
| Capital Gain Net Income | $44,485 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $153,929 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $610 |
| Contributions, gifts, grants paid | $51,250 |
| Total expenses and disbursements | $51,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,870 |
| 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 | $159,242 |
| 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, Rainis Family Foundation has awarded $51,250 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Bronx, NY PURPOSE: FINANCIAL OPERATING ASSISTANCE | $5,000 |
CRISTO REY PURPOSE: FINANCIAL OPERATING ASSISTANCE | $5,000 |
HOPE LUTHERAN CHURCH PURPOSE: FINANCIAL OPERATING ASSISTANCE | $5,000 |
Indiantown, FL PURPOSE: FINANCIAL OPERATING ASSISTANCE | $5,000 |
Morristown, NJ PURPOSE: FINANCIAL OPERATING ASSISTANCE | $5,000 |
XAVIER HIGH SCHOOL PURPOSE: FINANCIAL OPERATING ASSISTANCE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ewtn Religious Catalogue Inc Irondale, AL | $3,629,804 | $4,970,670 |
Southeastern Council Of Foundations Inc Atlanta, GA | $2,907,587 | $3,483,118 |
Rjjb Family Foundation Mobile, AL | $17,027,541 | $642,164 |
The Littlejohn Family Foundation Savannah, GA | $11,057,486 | $4,634,557 |
The Sexton Family Foundation Vero Beach, FL | $7,841,933 | $8,130,771 |
Sma Healthcare Foundation Inc Daytona Beach, FL | $6,729,042 | $768,502 |
Robert Trent Jones Golf Trail Foundation Birmingham, AL | $529,613 | $668,691 |
Henriksen Charitable Tr Jacksonville, FL | $8,933,847 | $1,460,365 |
Myron & Elaine Adler Private Foundation Inc Palm Beach Gardens, FL | $5,332,652 | $803,694 |
Dr Jack Widrich Foundation Inc Miami Beach, FL | $1,781,738 | $239,480 |
John H Ellis Foundation Inc Auburn, AL | $2,480,809 | $457,296 |
A Hays Zieman And Christine B Zieman Charitable Trust Mobile, AL | $1,061,862 | $94,256 |