Rubens Family Foundation
- Assets
- $854.4k
- Revenue
- $343.3k
- Investments
- $840.4k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2012
- Data as of
- 12/2018
- EIN
- 45-3824338
Organization Overview
Rubens Family Foundation is located in Wilmington, DE. The organization was established in 2012. 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.
For the year ending 12/2018, Rubens Family Foundation generated $343.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (24.5%) per year over the past 2 years. 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 |
|---|---|---|---|
Gary J Rubens Pres, Dir, Sec | 1 | $0 | |
Jennifer Rubens Dir, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,727 |
| Dividends & Interest | $58,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $282,502 |
| Capital Gain Net Income | $262,138 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $275 |
| Total Revenue | $343,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,479 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,025 |
| Total operating and administrative expenses | $59,281 |
| Contributions, gifts, grants paid | $3,286,300 |
| Total expenses and disbursements | $3,345,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,979 |
| 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 | $854,365 |
| 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, Rubens Family Foundation has awarded $3,286,300 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE ACCESS NOW PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
PASADOS SAFE HAVEN PURPOSE: CHARITABLE EVENT | $1,050 |
PROGRESSIVE ANIMAL WELFARE SOCIETY INC PURPOSE: GENERAL & UNRESTRICTED | $10,250 |
RAINIER SCHOLARS PURPOSE: UNRESTRICTED FUNDING AND RAINIER SCHOLARSHIPS FUND | $200,000 |
SEATTLE GOODWILL INDUSTRIES PURPOSE: CHARITABLE EVENT | $15,000 |
UNIVERSITY OF WASHINGTON FOUNDATION PURPOSE: WOMEN'S CENTER GIFT FUND | $10,000 |