The Ridings Foundation Inc
- Assets
- $483.8k
- Revenue
- $112.4k
- Investments
- $428.5k
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- Data as of
- 12/2016
- EIN
- 31-1589066
Organization Overview
The Ridings Foundation Inc is located in Syracuse, NY.
For the year ending 12/2016, Ridings Foundation Inc generated $112.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $47.3k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Aa Ridings President & Treasurer | 5 | $0 | |
Sybil Oakes Secretary | 1 | $0 | |
Nancy R Andrepoint Director | 0.5 | $0 | |
Cynthia O'hara Director | 0.5 | $0 | |
Sara R Morrow Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $91,297 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,837 |
| Capital Gain Net Income | $1,837 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $112,408 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $359 |
| Depreciation | $348 |
| Occupancy | $4,140 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $807 |
| Total operating and administrative expenses | $10,071 |
| Contributions, gifts, grants paid | $37,199 |
| Total expenses and disbursements | $47,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,865 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $1,489 |
| 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 | $1,000 |
| Other assets | $0 |
| Total assets | $483,811 |
| 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, The Ridings Foundation Inc has awarded $37,199 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION OF CNY PURPOSE: LOCAL & WORLD COMMUNITY | $500 |
SYRACUSE CHILDREN'S CHORUS INC PURPOSE: LOCAL & WORLD COMMUNITY | $200 |
AURORA OF CNY PURPOSE: LOCAL & WORLD COMMUNITY | $250 |
BALTIMORE WOODS PURPOSE: LOCAL & WORLD COMMUNITY | $1,500 |
BEAUFORT ACADEMY ANNUAL FUND PURPOSE: EDUCATIONAL | $250 |
SYRACUSE CITY BALLET PURPOSE: LOCAL & WORLD COMMUNITY | $250 |