Elizabeth Ruddick Nugent Foundation
- Assets
- $8.4m
- Revenue
- $397.0k
- Investments
- $8.2m
- Employees
- 0
- Location
- Columbus, IN
- Founding
- 06/1965
- Data as of
- 12/2023
- EIN
- 35-6049600
Organization Overview
Elizabeth Ruddick Nugent Foundation is located in Columbus, IN. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Elizabeth Ruddick Nugent 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, Elizabeth Ruddick Nugent Foundation generated $397.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $587.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Elizabeth Ruddick Nugent Foundation has awarded 165 individual grants totaling $1,801,190. 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 |
|---|---|---|---|
Richard H Weaver Director | 2 | $275 | |
A Samuel Pentzer Vice President | 2 | $275 | |
Diane Bradley Director | 2 | $275 | |
Steve Carothers Director | 2 | $275 | |
James W Holland Secretary | 2 | $275 | |
Seth Keele Director | 2 | $275 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,247 |
| Dividends & Interest | $234,748 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $153,026 |
| Capital Gain Net Income | $153,026 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $397,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,650 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $893 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,925 |
| Printing and publications | $0 |
| Other expenses | $1,206 |
| Total operating and administrative expenses | $69,539 |
| Contributions, gifts, grants paid | $518,000 |
| Total expenses and disbursements | $587,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,765 |
| Savings and temporary cash investments | $173,099 |
| 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 | $8,356,588 |
| 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, Elizabeth Ruddick Nugent Foundation has awarded $518,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
FOUNDATION FOR YOUTH PURPOSE: BIG BROTHER, BIG SISTER | $33,000 |
CLAY TOWNSHIP FIRE DEPARTMENT PURPOSE: UNRESTRICTED | $2,500 |
BIRDGE TO DOVE RECOVERY HOUSE PURPOSE: UNRESTRICTED | $60,000 |
ST PETER'S LUTHERAN CHURCH PURPOSE: UNRESTRICTED | $1,000 |
SIMMONS ONE ROOM SCHOOLHOUSE PURPOSE: UNRESTRICTED | $3,000 |
REACH PURPOSE: UNRESTRICTED | $8,000 |