Louis And Rachel Rudin Foundation Inc
- Assets
- $7.2m
- Revenue
- -$612.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1970
- Data as of
- 12/2021
- 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 137 individual grants totaling $22,063,318. 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
2021
Describe the Organization's Program Activity:
N/A
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 |
|---|---|---|---|
Beth Rudin Dewoody Director/chairman | 0.1 | $0 | |
Grant Johnson Director/vice Pres | 0.1 | $0 | |
Katherine L Rudin Director/vice Pres | 0.1 | $0 | |
Carlo Steinman Director/vice Pres | 0.1 | $0 | |
Stephen Lewin Director/president | 0.1 | $0 | |
Jeffrey Steinman Director/executive Vice Pres | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,045 |
| Dividends & Interest | $1,251,195 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$270,412 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,600,315 |
| Total Revenue | -$612,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $670,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $176,373 |
| Total operating and administrative expenses | $875,066 |
| Contributions, gifts, grants paid | $1,523,904 |
| Total expenses and disbursements | $2,398,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,624 |
| Savings and temporary cash investments | $5,459,701 |
| 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 | $432,688 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,196,114 |
| 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 | $79,735 |
| Total liabilities | $79,735 |
Grants Awarded
Over the last fiscal year, Louis And Rachel Rudin Foundation Inc has awarded $1,718,904 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK PURPOSE: VAGELOS COLLEGE OF PHYSICIANS & SURGEONS - VARIOUS GRANTS TO SUPPORT MEDICAL EDUCATION | $333,900 |
NEW YORK UNIVERSITY PURPOSE: SCHOOL OF MEDICINE - VARIOUS GRANTS TO SUPPORT MEDICAL EDUCATION | $296,500 |
CORNELL UNIVERSITY - WEILL CORNELL MEDICAL PURPOSE: VARIOUS GRANTS TO SUPPORT MEDICAL EDUCATION AT HOSPITAL FOR SPECIAL SURGERY, MSKCC, WEIL CORNELL MEDICINE, AND KAMEN BRAIN TUMOR FOUNDATION | $227,500 |
New York, NY PURPOSE: PHILLIPS SCHOOL OF NURSING - NURSING SCHOLARSHIPS IN MEMORY OF JACK RUDIN | $133,700 |
COLUMBIA UNIVERSITY - VAGELOS COLLEGE OF PHYSICIANS AND SURGEONS PURPOSE: JACK RUDIN SCHOLARSHIP FUND | $100,000 |
NEW YORK UNIVERSITY PURPOSE: RORY MEYERS COLLEGE OF NURSING. VARIOUS GRANTS IN SUPPORT OF NURSING EDUCATION | $99,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |