Rodman Foundation
- Assets
- $5.9m
- Revenue
- $193.2k
- Investments
- $5.9m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 07/1969
- Data as of
- 12/2022
- EIN
- 23-7025570
Organization Overview
Rodman Foundation is located in St Paul, MN. The organization was established in 1969. 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. Rodman 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 12/2022, Rodman Foundation generated $193.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $403.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Rodman Foundation has awarded 292 individual grants totaling $1,063,000. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E Rodman Titcomb Jr Director/treasurer | 1 | $5,000 | |
Bruce L Titcomb Director/vice President | 1 | $5,000 | |
Daniel C Titcomb Director/secretary | 1 | $5,000 | |
Frederick W Titcomb Director/president | 1 | $5,000 | |
Edward R Titcomb Deceased 2011 Former Director/chair | 0 | $0 | |
Julie C Titcomb Deceased 2010 Former Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $122,513 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,351 |
| Capital Gain Net Income | $55,071 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $101,004 |
| Total Revenue | $193,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,192 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $72,117 |
| Contributions, gifts, grants paid | $331,000 |
| Total expenses and disbursements | $403,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,025,480 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,856,169 |
| 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, Rodman Foundation has awarded $331,000 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
PROPERTIES FRIENDS AND NEIGHBORS COMMUNITY FUND PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
ALLIANCE FOR GUN RESPONSIBILITY FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
ANN NORTON SCULPTURE GARDEN PURPOSE: GENERAL OPERATING SUPPORT | $500 |
BATH & TENNIS HISTORIC BUILDING PRESERVATION FOUNDATION INC PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
BIGHORN GOLF CLUB CHARITIES PURPOSE: BIGHORN CARES IN HONOR OF DAN LEVINE AND CARRIE DEBUYS | $1,000 |
BIGHORN GOLF CLUB CHARITIES PURPOSE: BIGHORN CARES | $5,000 |