Ronnie H And Alli Russel Charitable Foundation Inc
- Assets
- $2.1m
- Revenue
- $59.9k
- Investments
- $2.0m
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-1167279
Organization Overview
Ronnie H And Alli Russel Charitable Foundation Inc is located in Boca Raton, FL. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Ronnie H And Alli Russel 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 12/2022, Ronnie H And Alli Russel Charitable Foundation Inc generated $59.9k 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 (23.6%) each year. All expenses for the organization totaled $259.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ronnie H And Alli Russel Charitable Foundation Inc has awarded 32 individual grants totaling $1,146,732. 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 |
|---|---|---|---|
Robert Russel President | 0.1 | $0 | |
Rebecca Brenner Director | 0 | $0 | |
Irene Russel Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $51,236 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,428 |
| Capital Gain Net Income | $11,428 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,805 |
| Total Revenue | $59,859 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,621 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,582 |
| Total operating and administrative expenses | $33,223 |
| Contributions, gifts, grants paid | $226,500 |
| Total expenses and disbursements | $259,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,456 |
| 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 | $1,626,335 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$36,422 |
| Total assets | $2,082,422 |
| 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, Ronnie H And Alli Russel Charitable Foundation Inc has awarded $302,300 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
EDWARD A MYERBERG SENIOR CENTER PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $55,000 |
HILLELS OF GEORGIA PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,800 |
BETH TFILOH CONGREGATION PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $200,000 |
PEARLSTONE CENTER PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $25,000 |
TOWSON HILLEL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |