Ruth E Brookshire Charitable Foundation Inc
- Assets
- $801.5k
- Revenue
- $54.0k
- Investments
- $794.5k
- Employees
- 0
- Location
- Lebanon, IN
- Founding
- 05/1997
- Data as of
- 06/2024
- EIN
- 35-2007869
Organization Overview
Ruth E Brookshire Charitable Foundation Inc is located in Lebanon, IN. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ruth E Brookshire Charitable Foundation 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 06/2024, Ruth E Brookshire Charitable Foundation Inc generated $54.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $91.0k during the year ending 06/2024. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ruth E Brookshire Charitable Foundation Inc has awarded 116 individual grants totaling $426,038. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Richards Director | 1 | $1,000 | |
Claudia Trefz Director | 1 | $1,000 | |
Susan Lehmann Director | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,577 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,405 |
| Capital Gain Net Income | $29,405 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| 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 | $194 |
| Total operating and administrative expenses | $10,729 |
| Contributions, gifts, grants paid | $80,282 |
| Total expenses and disbursements | $91,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,994 |
| 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 | $794,477 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $801,471 |
| 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, Ruth E Brookshire Charitable Foundation Inc has awarded $80,282 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
LEBANON EDUCATION FOUNDATION PURPOSE: SCHOLARSHIPS | $15,000 |
FIRST BAPTIST CHURCH PURPOSE: PROGRAMMING | $2,000 |
SULLIVAN MUNCE CULTURE CENTER PURPOSE: ARTS CULTURAL PROGRAMMING | $4,000 |
AREA BOYS & GIRLS CLUB PURPOSE: PROGRAMMING | $5,000 |
BOONE COUNTY HISTORICAL SOCIETY PURPOSE: PROGRAMMING | $6,000 |
BOONE COUNTY MENTORING PARTNERSHIP PURPOSE: PROGRAMMING | $8,000 |