Aerojet Rocketdyne Foundation
- Assets
- $0.0
- Revenue
- $475.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Melbourne, FL
- Founding
- 03/2001
- Data as of
- 04/2024
- EIN
- 68-0441559
Organization Overview
Aerojet Rocketdyne Foundation is located in Melbourne, FL. The organization was established in 2001. 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. Aerojet Rocketdyne 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 04/2024, Aerojet Rocketdyne Foundation generated $475.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $309.1k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Aerojet Rocketdyne Foundation has awarded 2,184 individual grants totaling $5,431,261. 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 |
|---|---|---|---|
Carmen Robertson President | 1 | $0 | |
Ken Bedingfield Treasurer | 1 | $0 | |
Scott Mikuen Secretary | 1 | $0 | |
Mel Rakita Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jp Morgan Securities Llc | 4/11/24 | $52,189 |
Aerojet-general Corporation | 4/11/24 | $17,612 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43,827 |
| Dividends & Interest | $179,596 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $249,241 |
| Capital Gain Net Income | $249,241 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,405 |
| Total Revenue | $475,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,504 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $237 |
| Total operating and administrative expenses | $90,560 |
| Contributions, gifts, grants paid | $218,558 |
| Total expenses and disbursements | $309,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Aerojet Rocketdyne Foundation has awarded $218,558 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BISHOP OCONNELL HIGH SCHOOL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
BOARD OF THE UNIVERSITY OF ALABAMA PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
ASSUMPTION ST BRIDGET SCHOOL PART OF CATHOLIC ARCHDIOCESE OF SEATTLE PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $470 |
CENTRAL MICHIGAN UNIVERSITY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
MISSISSIPPI STATE UNIVERSITY FOUNDATION INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
NATIONAL MERIT SCHOLARSHIP CORPORATION PURPOSE: SCHOLARSHIP STIPENDS FOR ALL REMAINING SCHOLARSHIPS THROUGH 2025 PROGRAM | $182,220 |