Ruth Krauss Foundation Inc
- Assets
- $1.8m
- Revenue
- $350.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgeport, CT
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 47-2275469
Organization Overview
Ruth Krauss Foundation Inc is located in Bridgeport, CT. The organization was established in 2015. 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. Ruth Krauss 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, Ruth Krauss Foundation Inc generated $350.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.6%) each year.
Since 2016, Ruth Krauss Foundation Inc has awarded 308 individual grants totaling $1,144,325. 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.
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 |
|---|---|---|---|
Stewart I Edelstein President | 1 | $12,503 | |
Greta E Solomon Treasurer & Secretary | 0.5 | $0 | |
David B Zabel Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| 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 | $350,454 |
| Total Revenue | $350,455 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,503 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,346 |
| Total operating and administrative expenses | $76,797 |
| Contributions, gifts, grants paid | $238,000 |
| Total expenses and disbursements | $314,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,114 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,655,246 |
| Total assets | $1,796,360 |
| 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, Ruth Krauss Foundation Inc has awarded $238,000 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
18 DEGREES PURPOSE: GENERAL PURPOSE FUND | $5,000 |
ABC OF RIDGEFIELD PURPOSE: GENERAL PURPOSE FUND | $2,000 |
AHLBIN CENTERS PURPOSE: GENERAL PURPOSE FUND | $2,000 |
ABC OF WESTPORT INC PURPOSE: GENERAL PURPOSE FUND | $2,000 |
BARRINGTON STAGE COMPANY PURPOSE: GENERAL PURPOSE FUND | $4,000 |
BERKSHIRE FAMILY YMCA PURPOSE: GENERAL PURPOSE FUND | $20,000 |