Ross Stores Foundation
- Assets
- $9.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Dublin, CA
- Founding
- 09/2014
- Data as of
- 02/2024
- EIN
- 46-3828645
Organization Overview
Ross Stores Foundation is located in Dublin, CA. The organization was established in 2014. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ross Stores 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 02/2024, Ross Stores Foundation generated $4.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $2.1m during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Ross Stores Foundation has awarded 684 individual grants totaling $16,457,409. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Call Dir/secretary | 0.1 | $0 | |
Michael Hartshorn Dir/pres/chm | 0.1 | $0 | |
William W Sheehan Dir/treasurer | 0.1 | $0 | |
Adam Orvos Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,250,000 |
| Interest on Savings | $309,672 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,559,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,279 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $875 |
| Total operating and administrative expenses | $25,284 |
| Contributions, gifts, grants paid | $2,123,162 |
| Total expenses and disbursements | $2,148,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $841,285 |
| Savings and temporary cash investments | $8,580,000 |
| 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 | $3,657 |
| 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 | $9,424,942 |
| Accounts payable and accrued expenses | $4,233 |
| Grants payable | $997,550 |
| 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 | $1,001,783 |
Grants Awarded
Over the last fiscal year, Ross Stores Foundation has awarded $2,123,162 in support to 115 organizations.
| Grant Recipient | Amount |
|---|---|
826 VALENCIA PURPOSE: YOUTH PROGRAM | $30,000 |
AIM HIGH FOR HIGH SCHOOL PURPOSE: YOUTH PROGRAM | $30,000 |
AMERICA NEEDS YOU PURPOSE: YOUTH PROGRAM | $10,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: DISASTER RELIEF | $200,000 |
AMERICAN CANCER SOCIETY PURPOSE: MEMORIAL | $500 |
AMERICAN ONLINE GIVING FOUNDATION INC PURPOSE: MATCHING GIFTS | $128,705 |