Rinehart Family Foundation is located in Houston, TX. The organization was established in 2014. 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. Rinehart Family 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 12/2023, Rinehart Family Foundation generated $1.2k 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 (47.0%) each year. All expenses for the organization totaled $32.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles E Rinehart Trustee | 1 | $0 | |
Janet Y Rinehart Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $111 |
Dividends & Interest | $1,104 |
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 | $1,215 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $648 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $818 |
Contributions, gifts, grants paid | $31,230 |
Total expenses and disbursements | $32,048 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $88,707 |
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 | $91,863 |
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, Rinehart Family Foundation has awarded $31,230 in support to 23 organizations.
Grant Recipient | Amount |
---|---|
ARS LYRICA HOUSTON PURPOSE: MUSICAL PERFORMANCE AND OUTREACH | $10,700 |
MIT PURPOSE: STEM EDUCATION | $2,500 |
VANTAGE POINT FOUNDATION PURPOSE: SUPPORT POST-9 11 MILITARY VETERANS | $2,000 |
STAR OF HOPE PURPOSE: COMMUNITY SUPPORT FOR HOMELESS | $1,000 |
HOUSTON FOOD BANK PURPOSE: FEEDING THE HUNGRY | $2,000 |
K9S FOR WARRIORS PURPOSE: PROVIDE SUPPORT DOGS TO VETERANS | $1,000 |