Tauck Ritzau Innovative Philanthropy Inc
- Assets
- $0.0
- Revenue
- $336.4k
- Investments
- $3.8m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-0849610
Organization Overview
Tauck Ritzau Innovative Philanthropy Inc is located in Wilmington, DE. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Tauck Ritzau Innovative Philanthropy Inc 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 12/2021, Tauck Ritzau Innovative Philanthropy Inc generated $336.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $213.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Tauck Ritzau Innovative Philanthropy Inc has awarded 150 individual grants totaling $795,075. 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 |
|---|---|---|---|
Colleen Ritzau Leth Dir, Vp, Sec | 10 | $29,840 | |
Robin Tauck Dir, Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $59,588 |
| Interest on Savings | $1,085 |
| Dividends & Interest | $93,967 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,619 |
| Total Revenue | $336,410 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,760 |
| Pension plans, employee benefits | $2,240 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,912 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $118,632 |
| Contributions, gifts, grants paid | $95,266 |
| Total expenses and disbursements | $213,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,025 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tauck Ritzau Innovative Philanthropy Inc has awarded $154,217 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF STATENS MUSEUM FOR KUNST LTD PURPOSE: TO PURPOSE THE MELCHIOR LORCK PAINTING | $3,000 |
AMERICARES FOUNDATION INC PURPOSE: CHARITABLE EVENT | $500 |
BROOKLYN PUBLIC LIBRARY PURPOSE: CHARITABLE EVENT | $13,000 |
FILM INDEPENDENT INC PURPOSE: DAVID HENRY GERSON'S FILM PROJECT: 'THE STORY WON'T DIE' | $25,000 |
FILM INDEPENDENT INC PURPOSE: DAVID HENRY GERSON'S FILM PROJECT: 'THE STORY WON'T DIE' | $2,140 |
FILM INDEPENDENT INC PURPOSE: DAVID HENRY GERSON'S FILM PROJECT: 'THE STORY WON'T DIE' | $25,000 |