William J Riley Foundation Inc is located in Holbrook, NY. The organization was established in 2019. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. William J Riley 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 12/2023, William J Riley Foundation Inc generated $14.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $20.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THIS IS OUR FIFTH YEAR IN OPERATION, WE WERE ABLE TO MAKE TWO SIGNIFICANT GRANTS IN SUPPORT OF INNOVATIVE SARCOMA CANCER TREATMENT RESEARCH.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan M Riley President And Director | 10 | $0 | |
William H Riley Treasurer And Director | 10 | $0 | |
Justin G Riley Secretary And Director | 5 | $0 | |
Marie Mcolvin Director | 5 | $0 | |
Thomas Mcolvin Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,553 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,553 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80 |
| Total expenses | $20,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $662 |
| Other assets | $0 |
| Total assets | $662 |
| Total liabilities | $0 |
| Net assets or fund balances | $662 |