Ruby Diamond Foundation Trust
- Assets
- $4.3m
- Revenue
- $620.2k
- Investments
- $4.3m
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 10/1984
- Data as of
- 12/2023
- EIN
- 59-6781684
Organization Overview
Ruby Diamond Foundation Trust is located in Tallahassee, FL. The organization was established in 1984. 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. Ruby Diamond Foundation Trust 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, Ruby Diamond Foundation Trust generated $620.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $390.5k during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Name Not Listed Trustee | 4 | $47,498 | |
Stephan Fregger Trustee | 0.5 | $5,000 | |
Jacqueline Gilberg Trustee | 0.5 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,800 |
| Interest on Savings | $0 |
| Dividends & Interest | $164,650 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $414,797 |
| Capital Gain Net Income | $414,797 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $620,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,498 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,629 |
| Depreciation | $111 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,056 |
| Total operating and administrative expenses | $68,894 |
| Contributions, gifts, grants paid | $321,646 |
| Total expenses and disbursements | $390,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,113 |
| 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 | $4,938 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,335,117 |
| 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 |