Ruby R Vale Foundation Ii
- Assets
- $2.2m
- Revenue
- $195.4k
- Investments
- $2.2m
- Employees
- 0
- Location
- Miami, FL
- Founding
- 05/1996
- Data as of
- 12/2023
- EIN
- 65-0659181
Organization Overview
Ruby R Vale Foundation Ii is located in Miami, FL. The organization was established in 1996. 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 R Vale Foundation Ii 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 R Vale Foundation Ii generated $195.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $147.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ruby R Vale Foundation Ii has awarded 27 individual grants totaling $721,921. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Michael Vale President/trustee | 1 | $0 | |
Robert A Vale Vice President/trustee | 1 | $0 | |
Robert W Vale Secretary/treasurer/trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $69,048 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $125,929 |
| Capital Gain Net Income | $125,929 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $460 |
| Total Revenue | $195,437 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,590 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,153 |
| Total operating and administrative expenses | $19,356 |
| Contributions, gifts, grants paid | $128,325 |
| Total expenses and disbursements | $147,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,425 |
| 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 | $2,148,075 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,182,565 |
| 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, Ruby R Vale Foundation Ii has awarded $128,325 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PINECREST SCHOOL PURPOSE: SCHOLARSHIPS | $25,665 |
PALMER TRINITY SCHOOL PURPOSE: SCHOLARSHIPS | $25,665 |
RANDOLPH COLLEGE PURPOSE: SCHOLARSHIPS | $25,665 |
DARTMOUTH COLLEGE PURPOSE: SCHOLARSHIPS | $25,665 |
EDCHOICE PURPOSE: SCHOLARSHIPS | $25,665 |