Ralph A Loveys Family Charitable Foundation
- Assets
- $0.0
- Revenue
- $15.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Parsippany, NJ
- Founding
- 11/2008
- Data as of
- 12/2023
- EIN
- 26-6244572
Organization Overview
Ralph A Loveys Family Charitable Foundation is located in Parsippany, NJ. The organization was established in 2008. 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. Ralph A Loveys Family Charitable 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, Ralph A Loveys Family Charitable Foundation generated $15.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $19.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ralph A Loveys Family Charitable Foundation has awarded 520 individual grants totaling $848,803. 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 |
|---|---|---|---|
Ralph Loveys Jr Trustee | 0.5 | $0 | |
James Loveys Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $15,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $19,618 |
| Total expenses and disbursements | $19,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Ralph A Loveys Family Charitable Foundation has awarded $16,868 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HUNTERDON PREPARATORY SCHOOL PURPOSE: TO HELP CREATE A SUPPORTIVE ENVIRONMENT BASED ON MUTUAL RESPECT AND A HEALTHY AND SAFE LEARNING COMMUNITY. | $1,000 |
FOUNDATION FOR MORRISTOWN MEDICAL CENTER PURPOSE: TO ADVANCE EXCEPTIONAL HEALTH CARE FOR PATIENTS AT MORRISTOWN MEDICAL CENTER AND GORYEB CHILDREN'S HOSPITAL. | $10,000 |
HEART CARE INTERNATIONAL PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $500 |
INTERNATIONAL FELLOWSHIP OF CHRISTIANS AND JEWS PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,000 |
NEW BEGINNINGS FOR TOMORROW PURPOSE: TO HELP CREATE THE BRIDGE BETWEEN THE END OF EDUCATIONAL SERVICES AND THE BEGINNING OF ADULT LIFE. | $1,768 |
SOFT BONES INC PURPOSE: RELIGIOUS, MEDICAL, EDUCATIONAL OR OTHER CHARITABLE. | $2,600 |