W Lee And Rosalie M Ridenour Foundation Inc
- Assets
- $290.5k
- Revenue
- $22.5k
- Investments
- $286.4k
- Employees
- 0
- Location
- Hagerstown, MD
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 47-2232337
Organization Overview
W Lee And Rosalie M Ridenour Foundation Inc is located in Hagerstown, MD. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public 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. W Lee And Rosalie M Ridenour 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 12/2021, W Lee And Rosalie M Ridenour Foundation Inc generated $22.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $15.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 4 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 |
|---|---|---|---|
Rosalie Ridenour President | 0 | $0 | |
Beverly Hoffman Vice Preside | 0 | $0 | |
Sandra Shepherd Secretary | 0 | $0 | |
Sandra Tillou Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,536 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,463 |
| Capital Gain Net Income | $13,463 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,499 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $51 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,754 |
| Contributions, gifts, grants paid | $11,350 |
| Total expenses and disbursements | $15,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,086 |
| 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 | $317 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $290,535 |
| 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, W Lee And Rosalie M Ridenour Foundation Inc has awarded $11,350 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Hagerstown, MD PURPOSE: GENERAL FUNDS | $3,000 |
Hagerstown, MD PURPOSE: GENERAL FUNDS | $3,000 |
CITIZEN'S ASSISTING & SHELTERING PURPOSE: GENERAL FUNDS | $2,000 |
REACH OF WASHINGTON COUNTY PURPOSE: GENERAL FUNDS | $1,500 |
Hagerstown, MD PURPOSE: GENERAL FUNDS | $1,350 |
CHILDREN IN NEED INC PURPOSE: GENERAL FUNDS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
Skillsource Group Inc Vienna, VA | $1,796,857 | $6,906,902 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Fauna & Flora International Usa Inc Washintgon, DC | $2,602,858 | $7,350,946 |
Travis Manion Foundation Doylestown, PA | $7,247,874 | $9,161,709 |
Capital For Good Usa Paoli, PA | $43,024,073 | $25,450,338 |
Kennedy Krieger Foundation Inc Baltimore, MD | $94,709,715 | $9,828,353 |
Poise Foundation Pittsburgh, PA | $17,239,498 | $10,674,894 |