Dr Hans And Betty Rubin Memorial Fund
- Assets
- $2.2m
- Revenue
- $282.5k
- Investments
- $2.2m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 10/1988
- Data as of
- 12/2021
- EIN
- 34-6884022
Organization Overview
Dr Hans And Betty Rubin Memorial Fund is located in Brooklyn, OH. The organization was established in 1988. 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. Dr Hans And Betty Rubin Memorial Fund 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, Dr Hans And Betty Rubin Memorial Fund generated $282.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $132.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dr Hans And Betty Rubin Memorial Fund has awarded 15 individual grants totaling $317,872. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED JUNE 16, 1987. KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS AS FOLLOWS: 10% TO NATIONAL JEWISH CENTER, 10% TO HOLY FAMILY CANCER HOME, 10% TO LUTHERAN MEDICAL CENTER, 10% TO JUDSON RETIREMENT COMMUNITY, AND 60% TO MT. SINAI HEALTH CARE FDN. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. THE CHARITY HAS THE RIGHT TO REMOVE THE TRUSTEE, AUTHORITY TO APPOINT CO-TRUSTEES OR COMMITTEE MEMBERS, AND AUTHORITY TO WITHDRAW PRINCIPAL. THE TRUSTEE HAS THE AUTHORITY TO AMEND THE DOCUMENT TO INSURE THE CONTINUATION TO QUALIFY AS A 509(A)3.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS MADE TO THE MT. SINAI MEDICAL CENTER WILL BE USED FOR SUPPORT OF AN OPTHAMOLOGY/BOTULINUM TOXIN PROGRAM
GRANTS MADE TO THE HOLY FAMILY HOME WILL BE USED TO PURCHASE AIR MATTRESSES FOR THE PATIENTS.
GRANTS MADE TO LUTHERAN MEDICAL CENTER WILL BE USED TO THE SUPPORT OF THEIR HOSPICE PROGRAM.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $15,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $267,492 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $282,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $106,106 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,957 |
| Compensation of current officers, directors, key employees. | $24,957 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $288 |
| Total functional expenses | $132,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,231,188 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,231,188 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,231,188 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,231,188 |
Grants Awarded
Over the last fiscal year, Dr Hans And Betty Rubin Memorial Fund has awarded $106,108 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Cleveland, OH PURPOSE: Support of an Opthomolagy program | $63,664 |
HOLY FAMILY CANCER HOME PURPOSE: To purchase air mattresses for patients. | $10,611 |
Independence, OH PURPOSE: Support of their Hospice program | $10,611 |
Cleveland, OH | | $10,611 |
Denver, CO PURPOSE: Asthma research | $10,611 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Quantitative Foundation Philadelphia, PA | $101,541,098 | -$10,401,387 |
Fifth Third Union Trust Co Foundation Cincinnati, OH | $28,852,332 | $17,459,816 |
J N Pew Jr Charitable Trust Philadelphia, PA | $309,649,040 | $25,152,087 |