George & Martha Rich Foundation
- Assets
- $1.4m
- Revenue
- -$10.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 11/1992
- Data as of
- 08/2023
- EIN
- 22-6575217
Organization Overview
George & Martha Rich Foundation is located in New Canaan, CT. 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. George & Martha Rich Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, George & Martha Rich Foundation has awarded 19 individual grants totaling $794,688. 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 |
|---|---|---|---|
Michael Leob Director | 0 | $0 | |
Monica Rich Kosann Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,704 |
| Dividends & Interest | $21,430 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,537 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$10,403 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $236 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,480 |
| Total operating and administrative expenses | $30,491 |
| Contributions, gifts, grants paid | $299,688 |
| Total expenses and disbursements | $330,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,266 |
| 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 | $1,372,063 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,378,329 |
| 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, George & Martha Rich Foundation has awarded $299,688 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE PURPOSE: FOR THE USE BY THE DONEE ORGANIZATION | $51,438 |
CONCERTS IN MOTION PURPOSE: FOR THE USE BY THE DONEE ORGANIZATION | $62,500 |
JEWISH FEDERATION OF PALM BEACH COUNTY PURPOSE: FOR THE USE BY THE DONEE ORGANIZATION | $50,000 |
LINCOLN CENTER FOR PERFORMING ARTS PURPOSE: FOR THE USE BY THE DONEE ORGANIZATION | $35,750 |
NCSY PURPOSE: FOR THE USE BY THE DONEE ORGANIZATION | $100,000 |