Rackham Foundation Limited
- Assets
- $2.7m
- Revenue
- $5.9k
- Investments
- $2.5m
- Employees
- 0
- Location
- Leesburg, VA
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 27-2372725
Organization Overview
Rackham Foundation Limited is located in Leesburg, VA. The organization was established in 2012. 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. Rackham Foundation Limited 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, Rackham Foundation Limited generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (43.9%) each year. All expenses for the organization totaled $247.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rackham Foundation Limited has awarded 60 individual grants totaling $1,866,080. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY ACTIVITY SUPPORTED BY THE FOUNDATION DURING 2022 WAS THE MEDIATION BEHAVIOR ANALYSIS RESEARCH CONDUCTED BY KEN WEBB AND RI & MK NICOLSON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Rackham President | 1 | $0 | |
Kathryn Schnable Treasurer | 1 | $0 | |
Ava Abramowitz Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $56,989 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$51,101 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,825 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,679 |
| Total operating and administrative expenses | $124,702 |
| Contributions, gifts, grants paid | $122,331 |
| Total expenses and disbursements | $247,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,495 |
| Savings and temporary cash investments | $6,788 |
| 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 | $2,493,025 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,679,308 |
| Accounts payable and accrued expenses | $22,041 |
| 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 | $22,041 |
Grants Awarded
Over the last fiscal year, Rackham Foundation Limited has awarded $122,331 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BRANDEIS UNIVERSITY PURPOSE: GENERAL SUPPORT | $2,000 |
BREM FOUNDATION TO DEFEAT BREAST CANCER PURPOSE: GENERAL SUPPORT | $3,600 |
CENTER FOR SCIENCE IN THE PUBLIC INTEREST PURPOSE: GENERAL SUPPORT | $500 |
COSMOS CLUB FOUNDATION PURPOSE: GENERAL SUPPORT | $500 |
GW LAW PURPOSE: GENERAL SUPPORT | $14,000 |
INOVA PURPOSE: GENERAL SUPPORT | $1,000 |