R & R Foundation Inc is located in Brooklyn, NY. The organization was established in 1986. 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. R & R 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 12/2022, R & R Foundation Inc generated $71.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $47.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, R & R Foundation Inc has awarded 140 individual grants totaling $347,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julia Hausman President | 0 | $0 | |
Nathaniel Hausman Vice President | 0 | $0 | |
Shawna Hausman Treasurer | 0 | $0 | |
Ethan Hausman Asst Treasurer | 0 | $0 | |
Marnie Owen Secretary | 0 | $0 | |
Robert Hausman Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $177 |
Interest on Savings | $0 |
Dividends & Interest | $24,677 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $45,899 |
Capital Gain Net Income | $45,899 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $450 |
Total Revenue | $71,203 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,203 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $7,209 |
Contributions, gifts, grants paid | $40,000 |
Total expenses and disbursements | $47,209 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $19,838 |
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 | $20,000 |
Total assets | $764,242 |
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 |
Over the last fiscal year, R & R Foundation Inc has awarded $40,000 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
ANGRY TIAS AND ABUELAS PURPOSE: SOCIAL JUSTICE | $6,000 |
FARM & WILDERNESS FOUNDATION PURPOSE: EDUCATION | $1,000 |
GLOBAL EXCHANGE (FOR APOFAM) PURPOSE: HUMAN RIGHTS/SOCIAL JUSTICE | $6,000 |
HAITIAN PEOPLE'S SUPPORT PROJECT PURPOSE: WELFARE | $12,000 |
SUSTAINABLE HUDSON VALLEY PURPOSE: ENVIRONMENT/CONSERVE | $4,000 |
INDIGENOUS WOMEN RISING PURPOSE: WOMEN'S HEALTH | $5,000 |