Beth And Ravenel Curry Foundation
- Assets
- $507.5m
- Revenue
- $23.2m
- Investments
- $96.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1975
- Data as of
- 12/2023
- EIN
- 23-7411083
Organization Overview
Beth And Ravenel Curry Foundation is located in New York, NY. The organization was established in 1975. 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. Beth And Ravenel Curry 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 12/2023, Beth And Ravenel Curry Foundation generated $23.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $36.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Beth And Ravenel Curry Foundation has awarded 679 individual grants totaling $147,673,618. 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 |
|---|---|---|---|
Ravenel B Curry President | 2 | $0 | |
Caroline Rivers Curry Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,385 |
| Interest on Savings | $17,329,022 |
| Dividends & Interest | $3,121,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,716,745 |
| Capital Gain Net Income | $2,716,745 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38,969 |
| Total Revenue | $23,214,822 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $200,000 |
| Pension plans, employee benefits | $48,032 |
| Interest | $0 |
| Taxes | $27,285 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,387 |
| Printing and publications | $170 |
| Other expenses | $383,078 |
| Total operating and administrative expenses | $857,758 |
| Contributions, gifts, grants paid | $35,131,750 |
| Total expenses and disbursements | $35,989,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $410,985,096 |
| 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 | $19,969,667 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $507,549,102 |
| 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, Beth And Ravenel Curry Foundation has awarded $35,131,750 in support to 143 organizations.
| Grant Recipient | Amount |
|---|---|
50CAN PURPOSE: RESTRICTED - $50,000 FOR NY VOICES FELLOWSHIP | $50,000 |
3DE PURPOSE: UNRESTRICTED | $500,000 |
A FOR ARIZONA PURPOSE: UNRESTRICTED | $100,000 |
ADOPTION SHARE PURPOSE: UNRESTRICTED | $125,000 |
ALBERGUE FOUNDATION PURPOSE: RESTRICTED - $33,500 FOR TRAIN THE TRAINER PROGRAM | $33,500 |
AMERICAN COUNCIL OF TRUSTEES AND ALUMNI PURPOSE: RESTRICTED - $28,000 FOR COLLEGE SURVEY | $28,000 |