Ragsdale Family Foundation
- Assets
- $950.3k
- Revenue
- $34.7k
- Investments
- $931.1k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 02/1992
- Data as of
- 12/2022
- EIN
- 62-1481225
Organization Overview
Ragsdale Family Foundation is located in Nashville, TN. The organization was established in 1992. 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. Ragsdale 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 12/2022, Ragsdale Family Foundation generated $34.7k 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 (5.6%) each year. All expenses for the organization totaled $82.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ragsdale Family Foundation has awarded 13 individual grants totaling $179,500. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Ragsdale President/director | 0 | $0 | |
Richard E Ragsdale II Director | 0 | $0 | |
Kevin G Ragsdale Director | 0 | $0 | |
Bethany R Corrieri Director | 0 | $0 | |
Brett T Corrieri Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $22,305 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,376 |
| Capital Gain Net Income | $12,376 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,715 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,641 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60 |
| Total operating and administrative expenses | $16,956 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $81,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,251 |
| 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 | $950,313 |
| 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, Ragsdale Family Foundation has awarded $65,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE NASHVILLE OPERA PURPOSE: TO FURTHER EXEMPT PURPOSE | $50,000 |
BRIDGES FOR THE DEAF AND HARD OF HEARING PURPOSE: TO FURTHER EXEMPT PURPOSE | $1,000 |
WESTSIDE NEIGHBORHOOD SCHOOL PURPOSE: TO FURTHER EXEMPT PURPOSE. | $5,000 |
HOPETOWN CHARITABLE PURPOSE: CHARITY | $8,000 |
RUSKIN GROUP THEATER PURPOSE: CHARITY | $1,000 |