The Douglas And Gloria Rumberger Foundation
- Assets
- $5.5m
- Revenue
- $593.2k
- Investments
- $5.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 20-4049757
Organization Overview
The Douglas And Gloria Rumberger Foundation is located in Wilmington, DE. The organization was established in 2006. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Douglas And Gloria Rumberger 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, Douglas And Gloria Rumberger Foundation generated $593.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $310.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Douglas And Gloria Rumberger Foundation has awarded 316 individual grants totaling $2,168,700. 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 |
|---|---|---|---|
Gloria D Rumberger Trustee | 1 | $0 | |
Kiersten Jane Shaw Trustee | 1 | $0 | |
Kelly S Gutierrez Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $805 |
| Dividends & Interest | $80,294 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $512,143 |
| Capital Gain Net Income | $512,143 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $593,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,707 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,053 |
| Printing and publications | $0 |
| Other expenses | $32,336 |
| Total operating and administrative expenses | $37,096 |
| Contributions, gifts, grants paid | $273,500 |
| Total expenses and disbursements | $310,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $417,022 |
| 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 | $66,481 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,520,548 |
| 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, The Douglas And Gloria Rumberger Foundation has awarded $273,500 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Canton, OH PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Canton, OH PURPOSE: GENERAL SCHOLARSHIP FUND | $25,000 |
PERRY LOCAL SCHOOL DISTRICT PURPOSE: SCHOLARSHIP FUND | $25,000 |
La Jolla, CA PURPOSE: ONCOLOGY RESEARCH | $20,000 |
Reno, NV PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
Portland, OR PURPOSE: FUNDS ARE TO BE DIRECTED TO CRYOTHERAPY EQUIPMENT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Donald B And Dorothy L Stabler Foundation Harrisburg, PA | $483,040,822 | $63,822,611 |
Fund For Charitable Giving Pittsburgh, PA | $174,176,180 | $114,342,351 |
Abercrombie Guild Spring Lake, NJ | $0 | $390,111 |
Serviam Foundation Inc Saddle River, NJ | $7,024,929 | $1,479,116 |
Rubin Family Foundation Bensalem, PA | $4,953,491 | $893,762 |
Ruth And Jo Stone Foundation Wilmington, DE | $38,423,105 | $10,158,893 |
Westmoreland Cultural Trust Greensburg, PA | $14,583,491 | $2,146,840 |
O&r Rosner Foundation Inc Sayreville, NJ | $2,009,940 | $2,555,000 |
Homes For Hope Lancaster, PA | $4,138,617 | $1,481,409 |
Comcast Spectacor Charities Philadelphia, PA | $2,242,195 | $1,546,757 |
Unidentified Foundation Wilmington, DE | $12,790,593 | $141,502 |
Elizabeth And Joseph Massoud Family Foundation Wilmington, DE | $9,966,619 | $541,919 |