David & Leighan Rinker Foundation Inc
- Assets
- $3.9m
- Revenue
- $169.9k
- Investments
- $3.8m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 05/1994
- Data as of
- 12/2023
- EIN
- 65-0454037
Organization Overview
David & Leighan Rinker Foundation Inc is located in West Palm Beach, FL. The organization was established in 1994. 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. David & Leighan Rinker 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 12/2023, David & Leighan Rinker Foundation Inc generated $169.9k 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 (6.0%) each year. All expenses for the organization totaled $298.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, David & Leighan Rinker Foundation Inc has awarded 78 individual grants totaling $1,724,638. 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emmett H Miller Director | 2 | $0 | |
Traci R Miller Director | 2 | $0 | |
Christopher R Rinker Director | 2 | $0 | |
David B Rinker Vice President/treasurer | 2 | $0 | |
David S Rinker Secretary | 2 | $0 | |
Janice M Rinker Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $121,848 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,085 |
| Capital Gain Net Income | $48,085 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $169,933 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,356 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,470 |
| Total operating and administrative expenses | $15,800 |
| Contributions, gifts, grants paid | $282,500 |
| Total expenses and disbursements | $298,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,242 |
| Savings and temporary cash investments | $89,194 |
| 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 | $2,925,846 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,897,480 |
| 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, David & Leighan Rinker Foundation Inc has awarded $282,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CHASIN' A DREAM FOUNDATION PURPOSE: CRITICAL NEED PROGRAM, PEDIATRIC PANTRY AND SUPPORTING CHILDREN AND FAMILIES WITH CANCER | $26,250 |
BRIGHT BEGINNINGS PURPOSE: HEALTH AND THERAPEUTIC PROGRAM | $22,500 |
CHILDREN'S HOME NETWORK PURPOSE: EMPLOYEE RETENTION & RECOGNOTION PLAN INITIATIVE | $23,750 |
FOUNDATION FOR PEACE PURPOSE: EARLY CHILDHHOD CENTER IN THE DOMINCAN REPUBLIC | $5,000 |
JUDEO CHRISTIAN HEALTH CLINIC PURPOSE: SUPPORT FOR THE CLINIC'S PHARMACY | $10,000 |
MARET SCHOOL PURPOSE: TUITION ASSISTANCE | $15,000 |