Daniel J Ragone Family Foundationinc
- Assets
- $223.8k
- Revenue
- $8.2k
- Investments
- $207.2k
- Employees
- 0
- Location
- Haddonfield, NJ
- Founding
- 01/2008
- Data as of
- 12/2022
- EIN
- 20-5490137
Organization Overview
Daniel J Ragone Family Foundationinc is located in Haddonfield, NJ. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Daniel J Ragone Family Foundationinc 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 12/2022, Daniel J Ragone Family Foundationinc generated $8.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $49.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Daniel J Ragone Family Foundationinc has awarded 26 individual grants totaling $537,600. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Ragone Trustee/pres | 0 | $0 | |
Lillian Ragone Trustee/chairpn | 0 | $0 | |
Daniel J Ragone Jr Trustee/vp | 0 | $0 | |
Dean A Ragone Trustee/treas | 0 | $0 | |
David N Ragone Trustee/secy | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,358 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,175 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2 |
| Total Revenue | $8,185 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,561 |
| Contributions, gifts, grants paid | $47,600 |
| Total expenses and disbursements | $49,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,595 |
| 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 | $223,842 |
| 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, Daniel J Ragone Family Foundationinc has awarded $47,600 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ADAM TALIAFERRO FOUNDATION PURPOSE: ASSISTANCE TO VICTIMS OF SPINAL CORD INJURIES | $1,500 |
JEFFERSON HEALTH FOUNDATION PURPOSE: SUPPORT COMMUNITY HEALTHCARE PROGRAMS | $20,000 |
KNIGHTS EDUCATION FOUNDATION PURPOSE: SUPPORT EDUCATIONAL INITIATIVES | $500 |
LIGUORI ACADEMY PURPOSE: FINANCIAL SUPPORT | $10,000 |
RUTGERS UNIVERSITY FOUNDATION PURPOSE: CAPITAL IMPROVEMENT CAMPAIGN | $5,600 |
ROWAN UNIV FOUNDATION PURPOSE: RESEARCH | $10,000 |