Rathburn Family Charitable Foundation is located in Tulsa, OK. The organization was established in 2012. 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. Rathburn Family Charitable 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 12/2022, Rathburn Family Charitable Foundation generated $150.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $282.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rathburn Family Charitable Foundation has awarded 66 individual grants totaling $2,385,500. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RATHBURN FAMILY CHARITABLE FOUNDATION TRUST IS A NON-OPERATING PRIVATE FOUNDATION WHICH MAKES GIFTS TO CHARITABLE ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary J Rathburn Trustee | 2 | $0 | |
Anita L Rathburn Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $220 |
| Dividends & Interest | $187,003 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,798 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $150,425 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,906 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,225 |
| Total operating and administrative expenses | $12,363 |
| Contributions, gifts, grants paid | $270,000 |
| Total expenses and disbursements | $282,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,479 |
| 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 | $4,597,816 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,623,295 |
| 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 |
Over the last fiscal year, Rathburn Family Charitable Foundation has awarded $270,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF PITTSBURGH PURPOSE: CHARITABLE | $100,000 |
TULSA CHILDRENS MUSEUM PURPOSE: CHARITABLE | $100,000 |
ANGELS SAVING THOSE IN NEED PURPOSE: CHARITABLE | $25,000 |
VOLUNTEERS OF AMERICA COLORADO PURPOSE: CHARITABLE | $6,500 |
POWERHOUSE SCIENCE CENTER PURPOSE: CHARITABLE | $21,500 |
THE HIVE DGO PURPOSE: CHARITABLE | $1,500 |