Relgalf Charitable Foundation
- Assets
- $1.9m
- Revenue
- $290.3k
- Investments
- $1.8m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 07/1988
- Data as of
- 11/2023
- EIN
- 59-6874133
Organization Overview
Relgalf Charitable Foundation is located in West Palm Beach, FL. The organization was established in 1988. 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. Relgalf Charitable 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 11/2023, Relgalf Charitable Foundation generated $290.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $371.4k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Relgalf Charitable Foundation has awarded 53 individual grants totaling $856,023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
George G Matthews Trustee | 1 | $0 | |
Elizabeth E Matthews Trustee | 1 | $0 | |
Kelly Hopkins Trustee | 1 | $0 | |
George G Matthews Jr Trustee | 1 | $0 | |
William M Matthews Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $269,931 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,320 |
| Capital Gain Net Income | $20,320 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $290,251 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $458 |
| Total operating and administrative expenses | $17,456 |
| Contributions, gifts, grants paid | $353,968 |
| Total expenses and disbursements | $371,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $77,531 |
| 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 | $1,899,588 |
| 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, Relgalf Charitable Foundation has awarded $353,968 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLOTTE COUNTRY DAY SCHOOL PURPOSE: GENERAL | $5,000 |
CLEVELAND CLINIC FLORIDA PURPOSE: GENERAL | $120,000 |
COMMUNITY FNDN OF PLM BCH & MARTIN COS PURPOSE: GENERAL | $2,500 |
HANLEY FOUNDATION PURPOSE: GENERAL | $5,000 |
INSTITUTE FOR JUSTICE PURPOSE: GENERAL | $10,000 |
INTERNATIONAL GAME FISH ASSOCIATION PURPOSE: GENERAL | $10,000 |