Walter And Lucille Rubin Foundationinc
- Assets
- $9.3m
- Revenue
- $493.4k
- Investments
- $5.8m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 26-0369836
Organization Overview
Walter And Lucille Rubin Foundationinc is located in Washington, DC. The organization was established in 2007. 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. Walter And Lucille Rubin Foundationinc 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, Walter And Lucille Rubin Foundationinc generated $493.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $778.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Walter And Lucille Rubin Foundationinc has awarded 190 individual grants totaling $4,820,282. 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 |
|---|---|---|---|
Ronald Rubin Director | 4 | $0 | |
Darrell Horn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,171 |
| Dividends & Interest | $175,341 |
| Net Rental Income | $80,208 |
| Net Gain on Sale of Assets | $76,843 |
| Capital Gain Net Income | $76,843 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $493,382 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $11,672 |
| Taxes | $83,641 |
| Depreciation | $41,680 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $912 |
| Printing and publications | $0 |
| Other expenses | $70,767 |
| Total operating and administrative expenses | $213,326 |
| Contributions, gifts, grants paid | $565,229 |
| Total expenses and disbursements | $778,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,669 |
| Savings and temporary cash investments | $1,924,750 |
| 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 | $1,448,772 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,310,998 |
| 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, Walter And Lucille Rubin Foundationinc has awarded $565,229 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE DONEE | $67,687 |
AMERICAN FRIENDS OF THE ISRAEL MUSEUM PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE DONEE | $6,780 |
AMERICAN CANCER SOCIETY PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE DONEE | $40,624 |
ANTI-DEFAMATION LEAGUE PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE DONEE | $40,624 |
AMERICAN HEART ASSOCIATION PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE DONEE | $67,687 |
ARTHRITIS FOUNDATION PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE DONEE | $40,624 |