Louis And Rachel Rudin Foundation Inc
- Assets
- $9.5m
- Revenue
- -$2.0m
- Investments
- $292.2k
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1970
- Data as of
- 12/2023
- EIN
- 23-7039549
Organization Overview
Louis And Rachel Rudin Foundation Inc is located in New York, NY. The organization was established in 1970. 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. Louis And Rachel Rudin 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.
Since 2015, Louis And Rachel Rudin Foundation Inc has awarded 180 individual grants totaling $25,030,018. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Rudin Dewoody Director/chairman | 0.1 | $0 | |
Stephen Lewin Director/president | 0.1 | $0 | |
Jeffrey Steinman Director/executive Vice President | 0.1 | $0 | |
Christopher W Flynn Director/treasurer | 0.1 | $0 | |
Peter D Steinman Director/secretary | 0.1 | $0 | |
Samantha Rudin Earls Director/vice Pres | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $685,303 |
| Dividends & Interest | $1,724,980 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$4,430,419 |
| Total Revenue | -$2,020,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,599 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $93,928 |
| Total operating and administrative expenses | $145,587 |
| Contributions, gifts, grants paid | $1,790,008 |
| Total expenses and disbursements | $1,935,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,423,723 |
| Savings and temporary cash investments | $4,210,640 |
| 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 | $620,306 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $292,199 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,546,868 |
| Accounts payable and accrued expenses | $9,126 |
| 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 | $5,250,663 |
| Total liabilities | $5,259,789 |
Grants Awarded
Over the last fiscal year, Louis And Rachel Rudin Foundation Inc has awarded $1,790,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF RABIN MEDICAL CENTER INC PURPOSE: PROGRAM GRANT - EMERGENCY FUNDING FOR NURSING SUPPORT | $100,000 |
CORNELL UNIVERSITY - WEILL CORNELL MEDICAL PURPOSE: CORNEL UNIVERSITY-WEILL CORNELL MEDICINE GRANTS TO SUPPORT MEDICAL EDUCATION | $195,000 |
FOUNDATION FOR CITY COLLEGE PURPOSE: SCHOLARSHIPS FOR RUDIN RESEARCH FELLOWSHIPS PROGRAM | $50,000 |
FRIENDS OF TEL-AVIV SOURASKY MEDICAL CENTER INC PURPOSE: PROGRAM GRANT - EMERGENCY FUNDING FOR TRAINING PROGRAM OF PHYSICIANS AND NURSES | $100,000 |
FUND FOR OPHTHALMIC KNOWLEDGE INC PURPOSE: SUPPORT TEACHING AND EDUCATION DIRECTED BY DAVID H. ABRAMSON MD FACS IN OPHTHALMOLOGY AND EYE CANCER | $25,000 |
HOSPITAL FOR SPECIAL SURGERY PURPOSE: ORTHOPEDIC FELLOWS RESEARCH TRAINING PROGRAM AT THE HSS EDUCATION INSTITUTE | $30,000 |